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Pernod Ricard SA's top executives threw a swanky little press luncheon at Aureole in Midtown Manhattan on Thursday. That gave us a chance to find out more about the company's M&A strategy in the wake of its acquisition of Vin & Sprit AB for $8.9 billion last year. Pernod...
Posted on September 11, 2009 1:22 PM
Judging from the headlines about the media business, you'd think the sun was setting on the whole concept of print products. But a deal by Time Inc. reminds us that magazines are still around, and that a magazine giant is still interested in an old-fashioned way of selling them.On Thursday...
Posted on August 8, 2008 9:15 AM
CBS Corp. says it will sell about 50 radio stations serving midsize markets. Courtney Thompson of investment bank Media Services Group wonders what took it so long. "It's like the Pareto law," says Thompson. "About 80% of the revenue comes from 20% of the market." That's why CBS will concentrate...
Posted on July 31, 2008 4:16 PM
Bentley Pharmaceuticals, Inc.'s drug delivery spinoff, Cpex Pharmaceuticals, Inc. has begun trading on the NASDAQ. Bentley has been planning the spinoff of Cpex to shareholders since last October when it began shopping itself with the advice of Deutsche Bank AG. The Bentley board began considering a separation of the businesses...
Posted on July 1, 2008 3:15 PM
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