Amazon has started rolling out its "FreeTime Unlimited" service that houses collections of TV shows, books for children from Disney, Nickelodeon, on iOS devices.
Top-20 Sky investor Crispin Odey said he expects the bidding war for the media company to carry on over the summer and that the European broadcaster could be worth as much as 50 billion pounds.
Twenty-First Century Fox Inc said on Wednesday that Walt Disney Co has raised its offer for Fox assets to $38 per share, topping Comcast Corp’s $35 a share offer last week.
Fox board is set to decide whether to entertain Comcast $65 bn cash bid for New York-based media company or stick with its roughly $52 bn all-stock offer from Disney.
Media company Comcast Corp’s record all-cash $65 billion (48.9 billion pounds) bid to buy Twenty-First Century Fox’s media assets.
Comcast offered $65 billion to lure Fox away from a merger with Disney, setting up a bidding war between two of the largest US media companies with its 20% higher offer.
At 9:55 am ET, the Dow Jones Industrial Average .DJI was up 3.68 points, or 0.01%, at 25,324.41, the S&P 500 .SPX was up 0.75 points, or 0.03%, at 2,787.60.
A court approval for AT&T’s $85 billion takeover of Time Warner lifted media and telecom shares on Wednesday, helping U.S. stock futures ahead of US Fed announcement.
Walt Disney Co animation head and co-founder of Pixar John Lasseter, regarded as a modern day Walt Disney because of his creativity and commercial success.
Walt Disney Co’s (DIS.N) $52.4 billion deal to acquire most of Twenty-First Century Fox Inc’s (FOXA.O) assets was “surgically” structured on good advice to be submitted to regulators
JSW Steel Limited
May bid for Arcelor-Mittal's Romanian plant
Gets DCGI's marketing nod for key cancer drug
Inks 5-year I.T. Infra deal with Nokia
BANK OF MAHARASHTRA
To raise Rs 3,000 Crore equity capital
Plans to launch 50 cvs this fiscal
Company may bid for Arcelormittal's Romanian plantco
Proposes investment of $500 Mn to upgrade steel manufacturing unit at Ohio, USA
Integrated steel manufacturing unit in Ohio, with potential capacity of 3 MTPA
Company gets marketing nod for Durvalumab drug from DCGI
Durvalumab is a patented product of AstraZeneca Global
Permission significant for patients with limited treatment options
Nokia signs 5-year global I.T. Infra & application services deal with company
Company will transition services from four incumbent vendors
Will build on strong existing engineering-centric partnership with this deal worth $500 Mn
BANK OF MAHARASHTRA
Gets shareholders' nod for raising equity capital upto Rs 3,000 Cr
Bank union requests govt to intervene in bank's arrests
AIBEA writes to DFS secy to step-in to save bank's reputation
May have rotating chairman till full time chairman is appointed
U.S. Investors of bank want Kochhar to quit
Investors will be confident if external candidate is appointed as CEO: Macquarie
TOI & ET REPORTS