Mergers Acquisitions News
How the Disney-Fox Deal Got DOJ’s Greenlight Quicker Than Expected
WASHINGTON — The Justice Department’s approval of The Walt Disney Co.’s purchase of Fox assets is quicker than Wall Street analysts and others were expecting — and it certainly has implications as Comcast weighs whether to counter its counter offer. UBS’s Media and Pay TV analysts called it a “FastPass approval,” while MoffettNathanson wrote that “it seems to us that the pressure is now back on Comcast to come in with a more significant bid ...
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WebMD sold to Internet Brands for $2.8 billion
WebMD Health Corp., operators of the popular WebMD website, is being acquired by Internet Brands, a portfolio company of KKR, for about $2.8 billion. A subsidiary of Internet Brands will float a tender offer in the next 10 business days to acquire all of the issued and outstanding shares of WebMD common stock for $66.50 per share, to be paid in cash when the transaction's a done deal. Owned websites: Apartment Ratings, Ben's Bargains, CarsDirectCorvetteForumCraftster, DoItYourself.comDVD TalkEPodunkFitDayFlyerTalkHealthBoards, Model Mayhem, Professional Pilots Rumour NetworkWAHM (magazine)Wikitravel.
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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.
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2017's biggest tech mergers and acquisitions
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.
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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."
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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.
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Running list: 2017 health IT mergers and acquisitions
Keep up with the mergers and acquisitions occurring in healthcare information technology with this regularly updated gallery.
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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.
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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.
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