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Tag: stock
Disney buys 21st Century Fox for USD 52.4 bln in stock
2017-12-14 13:25:00| Telecompaper Headlines
(Telecompaper) The Walt Disney Company said it has agreed to acquire 21st Century Fox, including the Twentieth Century Fox Film and Television studios, along with cable and international TV businesses and the company's debt, for USD 52.4 billion in stock, subject to adjustment based on tax liabilities. The price implies a total transaction of USD 66.1 billion. Before the acquisition, 21st Century Fox will separate the Fox Broadcasting network and stations, Fox News Channel, Fox Business Network, FS1, FS2 and Big Ten Network into a newly listed company that will be spun off to its shareholders. Bob Iger will remain chairman and CEO of The Walt Disney Company through 2021. The acquisition is expected to yield at least USD 2 billion in cost savings from efficiencies realised through the combination of businesses.
PepsiCo switches New York Stock Exchange for Nasdaq
2017-12-11 14:48:00| Daily beverage news and comment - from just-drinks.com
PepsiCo is to transfer its stock exchange listing from the New York Stock Exchange to the Nasdaq Global Select Market.
Tags: york
stock
exchange
nasdaq
Lululemon stock jumps on Q3 sales growth
2017-12-07 11:17:00| Daily apparel & textile news and comment - from just-style.com
Lululemon Athletica has upped its full-year guidance sending the yogawear retailer's stocks climbing in after-hours trading thanks to higher sales in its third-quarter.
Tags: sales
stock
growth
jumps
Australian stock exchange to move to blockchain
2017-12-07 07:02:48| BBC News | Business | UK Edition
The Australian Securities Exchange said it is the first global market to switch to the technology.
Tags: stock
move
exchange
australian
Bitcoin takes stock after rollercoaster ride
2017-11-30 11:06:17| BBC News | Business | UK Edition
The price of Bitcoin fell 21% after passing a record $11,000, but later recovered some of the fall.
Tags: stock
takes
ride
rollercoaster
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