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Gannett Rejects Digital First Media’s Buyout OfferGannett said its board of directors had unanimously rejected Digital First Media’s offer to buy the USA Today publisher for $1.4 billion. Please provide investigative report on Media First parent company.
Source: WSJ - 🏆 98. / 63 Read more »
Gannett rejects Digital First’s hostile takeover bid, but the saga isn’t overOrange County Register owner Digital First hasn't given up on acquiring Gannett: It said it's considering nominating new members to Gannett's board.
Source: latimes - 🏆 11. / 82 Read more »
Digital First Hires Financial Adviser to Press Gannett BidDigital First and Gannett are discussing a possible meeting next week about Digital First's $1.4 billion offer for the USA Today publisher It's crap, not worth a nickel Trouble brewing
Source: WSJ - 🏆 98. / 63 Read more »
Yelp hires Evercore for activist defense after hedge fund calls for sale and board overhaulYelp has hired boutique investment bank Evercore to help engage with activist investor SQN, who says the company should explore a sale. Yelp uses other company's trademarks and trademarked names for their website's content to be used against them with bad reviews. Why don't all these companies just file a class action lawsuit against Yelp and shut them down for good?
Source: CNBC - 🏆 12. / 72 Read more »
Amazon names first black exec Starbuck's Rosalind Brewer to all-white board in 'barrier-breaking' appointmentIn 'barrier-breaking' appointment, Rosalind Brewer joins all-white board as first black director amid growing pressure on Amazon to increase diversity. Good for Amazon. Virtue signalling at its best! Lets get back to not caring what color someone is, and base decisions on merit. Thats who we are as AmeriCANS! About time! Amazon should be criticized more than celebrated! Most companies have multiple ethnically-diverse board members, less market impact, and are more reflective of our communities, than Amazon. Rosalind Brewer should help awaken them to the obvious. Starbucks amazon
Source: USATODAY - 🏆 100. / 63 Read more »
Gannett board rejects hostile takeover bid. But that may be just the start.Gannett's board has rejected a hostile takeover bid by a hedge-fund backed company. But the company, MNG, fired back and says it is considering nominating new Gannett board members later this week. 😂🤣😂🤣😁😅😃 Fake News is sinking fast👏👏👏👂👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏 The further consolidation of media giants should worry us all. Unfortunately we don't currently have a justice dept concerned with trust-busting
Source: washingtonpost - 🏆 95. / 72 Read more »
Gannett rejects MNG's buyout bid, saying it's not credible
Source: MarketWatch - 🏆 3. / 97 Read more »
Australia to overhaul regulators after landmark banking inquiryAustralia's corporate regulators will be subjected to a new oversight body ... 💙
Source: Reuters - 🏆 2. / 97 Read more »
Saudi Crown Prince Meets Resistance on Economic Overhaul—From His Own BureaucratsSaudi technocrats remain determined to stop the planned IPO of national oil company Aramco, and have pushed back on plans for solar-power generation and an Uber investment. The prince is facing what one Saudi executive calls ‘passive resistance’ from within his own government. Maybe the U.S. Congress should at least consider shouldering the type of 'mantle' being used by Saudi bureaucrats. (And maybe not; but when realDonaldTrump is POTUS, every avenue of resistance must be checked out).
Source: WSJ - 🏆 98. / 63 Read more »
Elliott’s Pernod overhaul can start with wineThe spirits maker’s wines could be worth 2 billion euros including debt. Following rival Diageo’s lead by selling lower-margin wine brands could boost Pernod Ricard’s share price. That might keep aggressive activist shareholder Elliott at bay.
Source: Breakingviews - 🏆 470. / 51 Read more »