Entries tagged "media"

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12 result(s) displayed (13 - 24 of 65)

Tribune may exit at a good time, but with tax baggage

The conversion of the media company into an S corporation in the LBO eliminates some useful losses. Continue reading

Posted on May 18, 2012 4:58 PM

Carlos Slim offers $3.5B for KPN stock

Mexican wireless-services heavyweight América Móvil SAB de CV on Tuesday, May 8, said it would offer €2.66 billion ($3.46 billion) to boost its stake in Dutch peer Royal KPN NV as it reaches out and touches inexpensive European assets.América Móvil,... Continue reading

Posted on May 8, 2012 6:31 AM

EC extends Sony-EMI probe

The European Commission has extended its routine investigation of Sony Corp.'s $2.2 billion planned purchase of EMI Group Ltd.'s music publishing group, giving itself a new deadline of April 19 to study concessions offered by the buyers. Sony is making... Continue reading

Posted on March 27, 2012 3:09 PM

Romney's Bain

Asset strippers. Corporate looters. Locusts. Barbarians. The media has always had contempt for titans of private equity, even if its attempts to vilify them sometimes ended up lionizing them instead. Continue reading

Posted on January 20, 2012 1:03 PM

Citi to sell final Primerica stake

Citigroup Inc. said Tuesday, Dec. 13, it has launched a public offering of its remaining 8 million shares in one-time subsidiary Primerica Inc., completely unwinding a key component of former CEO Sandy Weill's financial services supermarket.Citigroup Global Markets Inc. is... Continue reading

Posted on December 13, 2011 1:04 PM

Regulator extends pay-TV takeover probe

Australia's No. 2 pay television operator, Austar United Communications Ltd., said Tuesday, Nov. 29, it remained confident that its larger rival Foxtel Management Pty Ltd. will be allowed to complete a A$2.6 billion ($2.6 billion) takeover despite the regulator extending... Continue reading

Posted on November 29, 2011 9:02 AM

Music to Citigroup's ears: EMI's record unit sold for $1.9B

EMI Group's recorded-music division has been successfully auctioned off to Vivendi's Universal Music Group to the tune of $1.9 billion. Continue reading

Posted on November 14, 2011 12:36 PM

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