Tag Archives: merger

The Paramount Global headquarters in New York, US, on Tuesday, Aug. 27, 2024.  Yuki Iwamura | Bloomberg | Getty Images The Federal Communications Commission cleared the way Thursday for an $8 billion merger between Paramount and Skydance Media. The deal, which was announced more than a year ago, includes the CBS broadcast television network, Paramount Pictures and the Nickelodeon channel. …

Chris McCarthy, co-CEO of Paramount Global and president of Showtime/MTV Entertainment, is expected to depart the company once its acquisition by Skydance is completed early next month. McCarthy, a 22-year veteran of Paramount Global and predecessor Viacom, is making the move ahead of Skydance announcing the post-merger leadership of the combined company, which will involve a CEO change that would …

Union Pacific talks advance, regulator readies for historic rail merger review  Reuters The Odds of a Berkshire Hathaway Bid for CSX Are Rising. How Buffett Might Try to Pull It Off.  Barron’s The rail mega-merger that could transform American supply chains  The Economist Union Pacific in Talks to Merge With Norfolk Southern  The New York Times Union Pacific in mega US railroad merger talks …

The FCC on Thursday finally signed off on the marriage of Skydance Media and Paramount Global. The $8 billion deal has faced myriad challenges on its way to the finish line but will be made official in the coming days by the companies. No shareholder vote or other approvals are required. With the FCC’s blessing, the transaction will reshape the …

Union Pacific in mega US railroad merger talks with rival Norfolk  Reuters Union Pacific Is in Talks to Merge With Norfolk Southern  The New York Times Union Pacific Nears Norfolk Deal to Create $200 Billion Railroad  Bloomberg BREAKING: Union Pacific, Norfolk Southern confirm ‘advanced’ merger talks  Progressive Railroading Union Pacific in late-stage talks with Norfolk Southern over $200bn deal  Financial Times Source link

A freight engine and shipping containers are viewed in a Union Pacific Intermodal Terminal rail yard on November 21, 2022 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images Union Pacific said on Thursday it was in advanced discussions with rival Norfolk Southern for a possible mega merger that would create a transcontinental railroad behemoth. Norfolk …

A multibillion-dollar rail merger may be chugging closer. Union Pacific (UNP) is in talks to acquire Norfolk Southern (NSC), The Wall Street Journal reported late Thursday, citing people familiar with the matter. The deal would merge companies with a combined market value of roughly $200 billion, based on Visible Alpha data. The report set both companies’ shares in motion, with …

The Club’s 10 things to watch Friday, July 18 — Today’s newsletter was written by Jeff Marks, the Club’s director of portfolio analysis. 1. Stock futures are muted to close out the week this morning. The S & P 500 closed at a new all-time high yesterday, and all three major averages are on pace for winning weeks amid a …

Potential Rail Merger Could Prompt Berkshire Hathaway to Bid for CSX  Barron’s Exclusive | Railroad Operator Union Pacific Exploring Deal for Norfolk Southern  The Wall Street Journal CSX, Norfolk Southern Stocks Gain on Report Union Pacific is Looking for a Deal  Investopedia Union Pacific Considering a Norfolk Southern Buyout: Report.  Barron’s Exclusive / Union Pacific has hired bankers for a possible railroad bid  Semafor Source …

An image based on numerical simulations of a black hole merger – credit, NASA/Ames Research CenterC. Henze A collaboration between humanity’s three gravitational wave detectors have identified a black hole merger event that created something 225-times the size of our Sun. It’s the largest such event ever detected in the history of gravitational wave astronomy, and pushed the limits of …