Thursday, May 1, 2025

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Skydance Deal Will Help Paramount “Double Down On Core Competency” And Embrace Technology, David Ellison Tells Investors

Skydance Media chief David Ellison said an $8 billion investment by the company and its backers will enable Paramount Global to “double down on...

Viatris completes divestitures with closing of OTC business divestiture

Viatris has closed the divestiture of its over-the-counter business to Cooper Consumer Health, a European over-the-counter drug manufacturer and distributor, bringing to substantial completion...

David Ellison and Jeff Shell Say Paramount Can Be “Winner” in Streaming, Plan $2B in Cost Savings

The incoming owners of Paramount Global laid out their vision for the company — and why the deal is a good one for investors...

’Largest private equity buyout in India’: Blackstone in advanced talks to acquire controlling stake in Haldiram’s | Mint

Blackstone Inc. is in advanced talks with Haldiram's, India's largest family-run snacks business, to acquire a controlling stake in the company, Moneycontrol reported.The report...

Paramount announces $28B US merger with Skydance, a new era for famed Hollywood studio | CBC News

Entertainment giant Paramount will merge with production company Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately needed...

King Arthur Baking’s CEO on keeping America’s oldest flour company in the mix

As America’s oldest flour company, King Arthur Baking Co. has seen a lot. It opened in 1790, when George Washington was president.But little could...

Company News for July 8, 2024

Shares of Macy's M surged 9.5% after a report indicated that Arkhouse Management and Brigade Capital raised their bid to buy the department store...

Air travel demand is breaking records. Airline profits are not.

Record summer air travel demand isn’t translating to record U.S. airline profits. Carriers will have to answer for that disconnect when they report quarterly...

Business Roundtable targets climate rule supported by its members

A trade association for the nation’s top chief executives is working to kill a Biden administration climate policy supported by some of the group’s...

Carlsberg agrees to buy Robinsons squash maker Britvic

Carlsberg has agreed a £3.3bn deal to buy Britvic, the company which makes drinks such as Robinsons squash and J20.The Danish brewer said it...

Archegos defendants ‘made fraud their business,’ US prosecutor says as trial nears end

By Jody GodoyNEW YORK (Reuters) -Archegos Capital Management founder Sung Kook "Bill" Hwang and a deputy "made fraud their business," a federal prosecutor told...

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