#WarnerMedia staff fear layoffs in Discovery merger

#WarnerMedia staff fear layoffs in Discovery merger

“WarnerMedia staff fear layoffs in Discovery merger” WarnerMedia staffers are bracing for another bloodbath ahead of the completion of its merger with Discovery. Some staffers at WarnerMedia are already preparing to be booted after Discovery announced a slew of senior-level departures this week. The nine departures included the exit of WarnerMedia CEO Jason Kilar, who…

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#JetBlue offers .6 billion for Spirit Airlines: report

#JetBlue offers $3.6 billion for Spirit Airlines: report

“JetBlue offers $3.6 billion for Spirit Airlines: report” Spirit Airlines on Tuesday said it received an unsolicited offer from JetBlue Airways for about $3.6 billion, potentially snarling merger plans between Frontier Group Holdings and Spirit. Shares of Spirit rose 22%, their highest level since mid-February. Airline stocks have suffered as air travel fell-off dramatically during…

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#TV ratings company Nielsen to be acquired for  billion

#TV ratings company Nielsen to be acquired for $16 billion

“TV ratings company Nielsen to be acquired for $16 billion” Nielsen is being acquired for $16 billion, including debt, about a week after the media measurement company rejected a $9 billion offer. Viewing data collected by Nielsen plays a big role in determining where billions in advertising dollars are spent each year. The company itself…

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#Kohl’s ignites bidding war and stock jumps 16%

#Kohl’s ignites bidding war and stock jumps 16%

“Kohl’s ignites bidding war and stock jumps 16%” A bidding war for discount department store Kohl’s has erupted, sending its share price up more than 16%. At least three bidders — including Hudson’s Bay, the Canadian holding company that owns Saks Fifth Avenue — are submitting bids Wednesday to potentially acquire the discount department store,…

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#Microsoft’s B deal for ‘Call of Duty’ maker Activision to be reviewed by FTC

#Microsoft’s $69B deal for ‘Call of Duty’ maker Activision to be reviewed by FTC

“#Microsoft’s $69B deal for ‘Call of Duty’ maker Activision to be reviewed by FTC” The antitrust review of Microsoft’s $68.7 billion proposed acquisition of “Call of Duty” maker Activision Blizzard will be handled by the Federal Trade Commission, Bloomberg News reported, citing a person familiar with the matter. The FTC, instead of the Justice Department, will…

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