After Disney-Fox Acquisition, Should Movie Business Be Wary of What Happened to the Music Industry?
With Fox and Disney announcing their anticipated multi-billion dollar mega-merger on Thursday, the movie industry is poised to experience the impact of consolidation and potential ripples to the companies' employees, projects and talent. It would behoove the studios to consider the music business as a cautionary tale, albeit one that straddles the pre-crash years and the post-2008 new world order.
Hormel Foods: Acquisitions And Focused Business Model Boost Long-Term Growth Prospects
Hormel ( HRL) has been on a tear since mid-October as prices have spiked from a 52-week low all the way up to a 52-week high by early December. We normally wouldn't expect this kind of volatility from HRL, but after a long downturn, it makes sense that HRL was ultimately oversold.
Disney-Fox Deal: Who Would Stay, Who Would Go if Murdochs Decide to Sell
Who runs the film studio? Who gets the keys to the TV kingdom? And will a Murdoch be in line for Bob Iger's throne? There are more questions than answers as the possibility of Disney acquiring the 20th Century Fox studio and other significant assets from 21st Century Fox appears to be gaining steam.
It's been a busy year for mergers and acquisitions in the IT industry, with a number of billion-dollar deals that did happen, or may yet do so. There's been action in cloud services, storage, microprocessors and transport. Here's our round-up of some of the biggest deals that matter to CIOs.
Disney-Fox Merger Likely to Kill Thousands of Hollywood Jobs, Analysts Say
President Trump reportedly congratulated Rupert Murdoch personally after the deal for Disney to acquire numerous Fox movie and television assets was announced; according to White House Press Secretary Sarah Sanders, Trump said that "this could be a great thing for jobs."
These are the 21st Century Fox assets that Disney wants to buy
Walt Disney Co. plans to buy much of the media assets of Rupert Murdoch's 21st Century Fox. If approved by regulators, the deal would create an entertainment powerhouse and transform the Hollywood landscape. Here is a breakdown of what Disney would acquire.
Wix Acquires DeviantArt Online Community For $36 Million
Quick Take Internet hosting services provider Wix.com (NASDAQ: WIX) has acquired creative community website DeviantArt for $36 million in cash and assumed liabilities. DeviantArt is considered to be the largest online artist community and represents an expansion of Wix's core focus into bringing its technological efficiencies and marketing capabilities to online communities.
Krispy Kreme Owner To Buy Panera Bread In $7.5 Billion Deal
The investment firm that owns Krispy Kreme, Caribou Coffee and other enterprises, is purchasing the Panera Bread Co. for $315 per share in cash - a premium of roughly 30 percent over its recent average trading price. The deal with JAB Holding Co. is valued at around $7.5 billion, Panera said Wednesday.