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Murdoch’s succession: who wins from move to reunite Fox and News Corp?

The Guardian M&A

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.

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Tesla's Event-Filled Shareholder Meeting, Toyota On Damage-Control Mode, Lucid Comes Up Short, Romeo Finds Suitor And More: Week's Biggest EV Stories

Benzinga

Stocks were reacting mostly to earnings news flow, tax credit proposals that are being discussed as part of a broader bill, and M&A news flow. As expected, shareholders approved splitting the shares in the ratio of 3:1.

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Lavish Entertainment, Inc. Expands Presence in Event Production Industry Through the Acquisition of ABI Create

Benzinga

(OTC: GTVH ) ("GTV" or the "Company") is pleased to announce that Lavish Entertainment (or "Lavish"), a wholly owned subsidiary of GTV, has completed a full acquisition of ABI Create (or "ABI"), a premier event management and production firm.

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How Companies Distract Investors When Disclosing Bad News

Reynolds Holding

SEC regulations require public firms to disclose any “material event” on a form 8-K filed within a certain time period. These events include earnings announcements, changes in an executive or director, changes in auditor and the issuance of new debt or equity.

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Elon Musk Reveals He Sold Tesla Shares Last Week To Prepare For An 'Unlikely' Event

Benzinga

Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk said he sold shares of the automaker to avoid an emergency sale in the “hopefully unlikely” event Twitter Inc (NYSE: TWTR ) forces his buyout deal to close. What Happened: Musk confirmed that he was done selling in response to a question on Twitter.

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MorphoSys Says Novartis Deal Progressing Steadily Despite Safety Concerns Over Bone Marrow Cancer Drug, Pelabresib

Benzinga

Citing sources familiar with the cases, STAT News noted physicians saw several instances of patients undergoing such rapid progression. Among 212 patients receiving pelabresib, six serious safety events of “AML transformation” were reported, compared to only two events among 214 patients in the control group.

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20 Years Later, WorldCom Is Still a Watershed Event for Internal Audit

Audit Board

I recall exactly where I was when I heard the dreadful news that WorldCom had admitted to inflating its earnings by $3.8 It was a scaled-back event in the wake of the 2001 terrorist attacks in New York and Washington, but there was still a lot of excitement in the air. Sure, the audit exposed a $3.8

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