A master of leveraged buyouts, he bought baseball and hockey teams in Texas and an English soccer club, only to lose them in an avalanche of debt.
Category: Mergers, Acquisitions and Divestitures
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The Battle for Warner Bros. Discovery
Nicole Sperling, a Times reporter who covers Hollywood and the streaming revolution, breaks down the competing bids from Netflix and Paramount to buy Warner Bros. Discovery.
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Asserting a Personal Role in Warner Bros. Battle, Trump Expands His Powers Again
The move comes as the Supreme Court also appears poised to put antitrust enforcement by the Federal Trade Commission under his control.
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Paramount Makes Hostile Bid for Warner Bros. Discovery
The offer to shareholders comes days after Warner Bros. agreed to sell its streaming and studio business to Netflix.
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Trump Stands in the Middle as Netflix and Paramount Vie for a Megadeal
The president has shattered norms by pledging to “be involved” in the regulatory fate of a transaction that could reshape the news and entertainment industries.
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Boeing Completes Acquisition of Spirit AeroSystems, a Major Supplier
The aerospace company is buying Spirit AeroSystems, which makes the bodies of the 737 Max jet, two years after a part of that plane blew away during a flight.
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Jared Kushner Is Part of Paramount’s Bid for Warner Bros. Discovery
Mr. Kushner’s private equity fund is one of the many groups helping Paramount mount a hostile bid to buy the group, whose holdings include CNN.
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Trump Looms Over Netflix’s Deal for Warner Bros. Discovery
President Trump said the acquisition “could be a problem,” suggesting he will insert himself into the regulatory review of the transaction.
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Netflix Deal for Warner Bros. Adds New Twist to Rivalry With HBO
Netflix’s blockbuster deal to buy Warner Bros., including HBO, is the latest twist in a rivalry that has reshaped the entertainment industry.
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Bessent Says He Divested From Soybean Farms After Ethics Office Warning
The Treasury Secretary said on Sunday he recently shed his holdings to comply with his federal ethics agreement.
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Angst Turns to Anger in Hollywood as Netflix Hooks Warner Bros.
Much of the entertainment capital fears that Netflix’s deal will lead to more job losses and theater closings and fewer boundary-pushing movies.