Rupert Murdoch Backtracks on Plan to Merge Fox and News Corp
NYT M&A
JANUARY 25, 2023
News Corp, one of his companies, said Rupert Murdoch had determined that a merger was “not optimal for shareholders of News Corp and Fox at this time.”
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Rupert Murdoch calls off proposed Fox-News Corp merger
The Guardian M&A
JANUARY 24, 2023
Billionaire mogul says in letter that proposal to reunite companies he split up a decade ago ‘not optimal’ for shareholders Fox Corp said on Tuesday that Rupert Murdoch had scrapped a proposal to combine the company with News Corp, in a deal that would have reunited the media empire he split nearly a decade ago.
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Why Steel Giant U. S. Steel Shares Are Soaring Today
Benzinga
DECEMBER 18, 2023
United States Steel Corp (NYSE: X) shares are soaring higher by around 28% following the news of its acquisition by Nippon Steel Corp (OTC: NISTF ) for $14.1 Recently, there were several reports that the company reportedly received multiple bids in excess of $40 a share. The acquisition price of $55.00
Rupert Murdoch Explores News Corp and Fox Corp Consolidation
Benzinga
OCTOBER 17, 2022
Rupert Murdoch weighed merging his media empire, News Corp (NASDAQ: NWSA ) and Fox Corp (NASDAQ: FOX ), nearly a decade after the companies split. People familiar with Murdoch’s proposal said both companies could benefit from being more significant, the Wall Street Journal reported. The combined companies.
SEC Adopts Final Rules on Cybersecurity Disclosure
Harvard Corporate Governance
AUGUST 9, 2023
In his statement at the open meeting, Commissioner Jaime Lizárraga shared the stunning statistics that, last year, 83% of companies experienced more than one data breach, with an average cost of in the U.S. Currently, many public companies provide cybersecurity disclosure to investors. See this PubCo post.)
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Another News Corp. Investor Raises Doubt About Fox Merger
Law 360 M&A
NOVEMBER 23, 2022
An additional News Corp. shareholder, the London-based investment firm Independent Franchise Partners, has expressed concern about a possible merger between the media company and Fox Corp.
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Murdoch Drops Effort to Combine Fox, News Corp
Law 360 M&A
JANUARY 24, 2023
said Tuesday that Rupert Murdoch has withdrawn his proposal to explore a potential combination of Fox and News Corp, which would have reunited his broadcasting and print publishing companies after roughly a decade as separate entities.
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As Fox and News Corp Weigh Merger, an Activist Has Its Own Vision
NYT M&A
OCTOBER 16, 2022
Irenic Capital Management, which has a $150 million stake in News Corp, wants the company to split up its media and real estate listings businesses.
Murdoch’s succession: who wins from move to reunite Fox and News Corp?
The Guardian M&A
OCTOBER 21, 2022
But talk of famous front pages and scoops among guests at Monday’s night event, which included News Corp boss Robert Thomson and News UK chief Rebekah Brooks, was overshadowed by the news that broke three days earlier: the mogul’s plan to reunify his media empire. Continue reading.
Nasdaq Removes Activision Blizzard From Index: Is Microsoft Merger Now 'Highly Probable'?
Benzinga
JULY 13, 2023
The news could lead to the merger ultimately being approved and might have kickstarted stock market index shuffling. What Happened : Technology giant Microsoft Corporation (NASDAQ: MSFT ) announced a $69-billion acquisition of Activision Blizzard (NASDAQ: ATVI ) in January 2022, valuing shares of the video game company at $95 each.
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Resideo's $1.4B Purchase Of Snap One Is A 'Strong Strategic Fit': JPMorgan Sees 35% Upside
Benzinga
APRIL 16, 2024
Resideo Technologies Inc ‘s (NYSE: REZI ) recent acquisition of Snap One Holdings Corp (NASDAQ: SNPO ) has sparked investor interest. We covered the news first here: Why Is Snap One Stock Jumping Premarket Monday? On Monday, Snap One announced it will be acquired by Resideo Technologies for $1.4 billion in cash. Analyst Cory A.
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Here's Why Micro Focus Shares Are Trading Higher Premarket
Benzinga
AUGUST 26, 2022
Open Text Corp (NASDAQ: OTEX ) subsidiary OpenText UK Holding Limited agreed to acquire Micro Focus Intl PLC (NYSE: MFGP ) for 532 pence per share, implying an enterprise value of $6.0 The purchase offer is roughly twice Micro Focus's closing price on August 25 ($3.13) before news of the takeover came to light.
News Corp. Eyes Move Inc. Sale Options As CoStar Talks End
Law 360 M&A
FEBRUARY 22, 2023
to CoStar Group, but the company is actively assessing other options for its real estate-related digital offerings and has had interest in Move from other potential buyers. confirmed in a securities filing Wednesday it is "no longer engaged in discussions" to sell Move Inc.
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Alpha Copper Announces Acquisition of Okeover Project
Benzinga
OCTOBER 11, 2023
11, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. The Company now holds a 100% undivided legal and beneficial interest in the Okeover Project, which encompasses twelve (12) mineral claims comprising approximately 4,613 hectares located in the Province of British Columbia. About Alpha Copper Corp. VANCOUVER, British Columbia, Oct.
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Is News Corp Selling At The Lows? What You Need To Know About Mortgage Industry M&A
Benzinga
JANUARY 25, 2023
Brown looks to be correct, as the executive’s predictions came just days before news broke of a multi-billion dollar consolidation deal in the depressed mortgage industry. What Happened: Rupert Murdoch’s News Corp. NASDAQ: NWSA ) is in talks to. Full story available on Benzinga.com
Zefiro Methane Corp. Subsidiary Acquires Appalachian Well Surveys, Inc.
Benzinga
DECEMBER 4, 2023
04, 2023 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. AWS"), a Cambridge, Ohio-based wireline company. Readers using news aggregation services may be unable to view the media above. Please access the Investors section of the Company's website for a version of this press release containing all published media.
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Yerbaé Brands Completes Business Combination Transaction
Business Wire M&A
FEBRUARY 14, 2023
goodenergy--Yerbaé Brands Corp. formerly, Kona Bay Technologies Inc.) (“Yerbaé” or the “Company”), is pleased to announce that, further to its news releases dated May 24, 2022, November 23, 2022, December 22, 2022, and February 3, 2023, it has successfully completed its merger and business combination of the Company with Yerbaé Brands Co.
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CVS Health Continues M&A Spree, As It Is Close To $10B Bet For Oak Street Health
Benzinga
FEBRUARY 7, 2023
CVS Health Corp (NYSE: CVS ) is reportedly close to an agreement to buy primary care center operator Oak Street Health Inc (NYSE: OSH ) for about $10.5 The Wall Street Journal report added that the companies are discussing a price of about $39 a share. billion, including debt.
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Industrial Headset Maker's $376M SPAC Merger Is Terminated
Law 360 M&A
APRIL 11, 2023
A recently announced merger valued at up to $376 million involving special-purpose acquisition company Cascadia Acquisition Corp. was terminated Tuesday, according to a news release. and wearable technology business RealWear Inc.
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Looking Glass Labs Closes Definitive Agreement to Acquire Bot Media Corp.'s Climate and AI Web3 Assets
Benzinga
FEBRUARY 8, 2024
Pursuant to the Purchase Agreement, the Company has issued an aggregate of 3,060,000 common shares at a deemed price of $0.25 Forward-Looking Information This news release contains "forward-looking statements." the " Vendor "). (the the " Vendor "). blockchain monetization strategies.
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Labcorp To Spin Off Its Clinical Trial Business, Posts Mixed Q2 Earnings
Benzinga
JULY 28, 2022
Laboratory Corp of America Holdings (NYSE: LH ) plans to spin off its unit focused on the clinical development business. Wall Street Journal was the first to report the news. According to WSJ, the move will create a new stand-alone company. Full story available on Benzinga.com.
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West Red Lake Gold Mines Ltd. Acquisition of Madsen Gold Project Approved by Court
Benzinga
MAY 30, 2023
The Order approved the transactions contemplated in the Share Purchase Agreement entered into between the Company, Pure Gold and a fund managed by Sprott Resource Lending Corp. NOT FOR DISTRIBUTION TO U.S. dated May 17, 2023. Full story available on Benzinga.com
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Cielo Provides Update on the Closing of the Asset Purchase Transaction with Expander Energy Inc.
Benzinga
OCTOBER 25, 2023
26, 2023 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. A news release announcing the closing will follow at that time. Details on the lifting of the trading halt will be included in the news release announcing closing. CALGARY, Alberta, Oct. Full story available on Benzinga.com
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Vortex Energy Completes Acquisition of Blue Ocean Salt Corp.
Benzinga
APRIL 4, 2023
VANCOUVER, British Columbia, April 04, 2023 (GLOBE NEWSWIRE) -- Vortex Energy Corp. Paul Sparkes, CEO of the Company, stated: "we are very pleased to close this transaction and be part of the thriving mining exploration industry and community in Newfoundland and Labrador. Full story available on Benzinga.com
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ESGEN Acquisition Corp. Shareholders Approve Proposed Business Combination with Sunergy Renewables
Benzinga
MARCH 7, 2024
DALLAS and NEW PORT RICHEY, Fla., March 07, 2024 (GLOBE NEWSWIRE) -- ESGEN Acquisition Corp. In connection with the closing of the Business Combination, the combined company will change its name to Zeo Energy Corp. About ESGEN Acquisition Corp. and is expected to be publicly listed on the Nasdaq Stock Exchange.
Wells Fargo, Morgan Stanley Upgrade Activision: What You Need To Know About The Microsoft Deal
Benzinga
NOVEMBER 28, 2022
Analysts at Wells Fargo & Co (NYSE: WFC ) and Morgan Stanley (NYSE: MS ) each gave Activision Blizzard Inc (NASDAQ: ATVI ) an updated price target of $95 per share Monday, following the news the buyout deal tendered by Microsoft Corp (NASDAQ: MSFT ) may be blocked. These 2 Companies Think. antitrust regulators.
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Golden Tag Provides Update on Acquisition of the La Parrilla Silver Mine Complex and Related Financing
Benzinga
JULY 19, 2023
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES TORONTO, July 19, 2023 (GLOBE NEWSWIRE) -- Golden Tag Resources Ltd. (" Golden Tag " or the " Company ") (TSX.V: is a Toronto based mineral resource exploration company. About Golden Tag Resources Golden Tag Resources Ltd.
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C2C Gold Completes Acquisition of The Rock Gold Corp.
Benzinga
JUNE 27, 2022
VANCOUVER, British Columbia, June 27, 2022 (GLOBE NEWSWIRE) -- C2C Gold Corp. The Rock Gold is a Newfoundland-based gold exploration company that holds rights to over 40 mineral claims with projects lying along most of the major gold bearing trends. For more information, please see C2C Gold's project maps at [link].
40 Looking Glass Labs Enters Definitive Agreement to Acquire Bot Media Corp.'s Climate and AI Web3 Assets
Benzinga
FEBRUARY 6, 2024
per share. . (" Bot Media " or the " Vendor ") for a purchase price of $765,000, payable through the issuance of common shares of the Company (the " Consideration Shares ") at a deemed price of $0.25 The Company intends to utilize Section 2.12 VANCOUVER, British Columbia, Feb.
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Analysis: Kohl's Downhill Road To Seeking A Buyer
Benzinga
JUNE 8, 2022
The news from earlier this week that Kohl’s Corp. NASDAQ: FRG ) marked the beginning of the end for a financially troubled department store chain whose leadership vainly attempted to ignore concerns that it was leading the company in the wrong direction. over the past 52 weeks; shares opened today at $45.09.
Global Helium Completes Extensive Seismic Program and Readies for Drilling
Benzinga
JUNE 14, 2022
As a result, multiple structures have been identified and/or enlarged and the Company is proceeding towards surface land acquisition and permitting on multiple drill locations across Saskatchewan and Montana. Multiple new structures have been identified across the Company's expansive Saskatchewan land base.
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ESGEN Acquisition Corp. Announces Registration Statement Effectiveness in Connection with Business Combination with Sunergy Renewables
Benzinga
FEBRUARY 13, 2024
DALLAS and NEW PORT RICHEY, Fla., 13, 2024 (GLOBE NEWSWIRE) -- ESGEN Acquisition Corp. Following the closing of the Business Combination, the combined company will change its name to Zeo Energy Corp. About ESGEN Acquisition Corp. Securities and Exchange Commission (the "SEC").
Emerging Markets Report: A Golden Acquisition
Benzinga
MAY 10, 2023
An Emerging Markets News Commentary ORLANDO, Fla., May 10, 2023 (GLOBE NEWSWIRE) -- Last month, we introduced you to Golden Independence Mining Corp. He also stated that the Company is aggregating all the historical exploration data from the acquired projects in order to determine the next best steps.
Proton Capital Provides Update to PharmaChoice Canada Qualifying Transaction and Financing
Benzinga
JULY 26, 2023
REGINA, Saskatchewan, July 26, 2023 (GLOBE NEWSWIRE) -- PROTON CAPITAL CORP. (" Proton ") ( PTN.P-TSX-V Trading in the securities of a capital pool company should be considered highly speculative. Full story available on Benzinga.com
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Proactive news headlines including Alphabet, Southern Silver Exploration, Golden Shield, American Battery Technology, Great Panther Mining, KULR Technology, Mandalay Resources and Fobi AI
Benzinga
SEPTEMBER 13, 2022
New York , Sept. 13, 2022 (GLOBE NEWSWIRE) -- Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: Google owner Alphabet faces $25.4BN damages claims in UK, Dutch courts over adtech practices click here.
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40 Stallion Uranium Signs Definitive Agreement to Sell Non-Core Uranium Projects in Eastern Athabasca Basin
Benzinga
FEBRUARY 13, 2024
13, 2024 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. The Company shall retain a royalty of three percent (3%) of net. VANCOUVER, British Columbia, Feb. Full story available on Benzinga.com
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ATHA Energy Announces 92 Energy Obtains Court Approval
Benzinga
MARCH 27, 2024
VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. The Scheme was previously announced in the news releases of ATHA dated December 7, 2023, and January 25, 2024. Implementation of the Scheme is expected to occur on Thursday, April 11, 2024 (Australia Time).
Integra Resources Announces Closing of C$35 Million Financing, Including Strategic Investment From Wheaton Precious Metals
Benzinga
MARCH 16, 2023
million (the " Brokered Offering "), and a concurrent non-brokered private placement (the " Non-Brokered Offering ") with Wheaton Precious Metals Corp. (" WPM ") of 15,000,000 Subscription Receipts at the Offering Price for gross proceeds of C$10.5 per Subscription Receipt (the " Offering Price ") for gross proceeds of C$24.5
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40 Proactive headlines including Mobilum Technologies, Fabled Copper, Casa Minerals, Ridgeline Minerals and Electric Royalties
Benzinga
MAY 11, 2022
New York, May 11, 2022 (GLOBE NEWSWIRE) -- Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: Mobilum Technologies inks services agreement with crypto giant Binance to allow it to leverage its payments infrastructure click here.
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Endeavour Silver Completes the Sale of the El Compas Property to Grupo ROSGO for US$5.0 million
Benzinga
SEPTEMBER 12, 2022
12, 2022 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. Endeavour" or the "Company") (NYSE: EXK , TSX: EDR ) is pleased to announce it has entered into an agreement to sell a 100% interest in Minera Oro Silver de Mexico, S.A. All references to dollars ($) in this news release are to United States dollars. de C.V., ("Grupo ROSGO").
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Precision Drilling Completes Acquisition of CWC Energy Services Corp.
Benzinga
NOVEMBER 8, 2023
08, 2023 (GLOBE NEWSWIRE) -- This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. Precision Drilling Corporation ("Precision" or the "Company") (TSX: PD , NYSE: PDS ) is pleased to announce that it has completed its acquisition of CWC Energy Services Corp. ("CWC").
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Proton Capital Enters Into Agreement to Purchase PharmaChoice Canada Branded Pharmacy In Saskatoon For Proposed Qualifying Transaction
Benzinga
FEBRUARY 21, 2024
21, 2024 (GLOBE NEWSWIRE) -- PROTON CAPITAL CORP. (" Proton " or the " Corporation ") ( PTN.P-TSX-V The Target Pharmacy is a private Saskatchewan company incorporated on August 27, 2014. REGINA, Saskatchewan, Feb. The Target Pharmacy operates a retail pharmacy in Saskatoon, Saskatchewan.
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Proactive news headlines including General Motors, Vuzix, Co-Diagnostics, Gungnir Resources, Predictive Oncology, TRACON Pharmaceuticals, Electra Battery Materials and Royal Helium
Benzinga
JULY 26, 2022
New York , July 26, 2022 (GLOBE NEWSWIRE) -- Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: General Motors reports 40% drop in net income, warns of cost-cutting measures in 2Q earnings click here.
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Stallion Discoveries Closes Hathor and U92 Acquisitions
Benzinga
JANUARY 19, 2023
19, 2023 (GLOBE NEWSWIRE) -- Stallion Discoveries Corp. VANCOUVER, British Columbia, Jan.
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