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NY Post Reports Alibaba's Ma Seeking 37% Stake in Lionsgate
Friday, October 24, 2014 - 5:12am | 89Read More...Alibaba Group Holding Limited (NYSE: BABA) CEO Jack Ma has his sites set on Mark Rachesky's 37.4% stake in Lions Gate Entertainment Corp. (NYSE: LGF), according to the NY Post. Rachesky's stake is valued at $1.6 billion based on the current share price. Rachesky acquired much of Carl Icahn's stake...
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Sysco in Talks with FTC to Save Company's $3.5B Acquisition of US Foods -NY Post
Tuesday, October 14, 2014 - 6:18am | 81Read More...Sysco Corporation (NYSE: SYY) is in talks with the FTC in an attempt to save the company's $3.5 billion acquisition of US Foods, according to the NY Post. Sources say the FTC's Deborah Feinstein, the agency's Head of Competition, is not planning to block the deal. A decision is expected by the US...
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NY Post Reports Carl Icahn Could Put Up $100M to Save Atlantic City's Taj Mahal Casino
Tuesday, September 23, 2014 - 5:49am | 54Read More...Carl Icahn is ready to put up $100 million in an attempt to save Atlantic City's Taj Mahal casino, reports the NY Post, if its unions and the city make big concessions, according to sources. The casino's owner, Trump Entertainment Resorts, filed for bankruptcy on September 9. View full article...
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Tribune Media Could Lose Fox Affiliation in Seattle -NY Post
Tuesday, September 23, 2014 - 5:43am | 56Read More...Tribune Media's (OTC: TRBNW) KCPQ-TV in Seattle, could lose its Fox (NASDAQ: FOXA) affiliation, according to the the NY Post. Fox reportedly want a larger kick-back from the home of the defending Super Bowl champion Seahawks, according to sources, View full article http://nypost.com/2014/09/22/fox-...
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NY Post Reports Clorox Rejects Bid from Competitor
Sunday, September 21, 2014 - 7:23am | 93Read More...Clorox (NYSE: CLX) has reportedly rejected a takeover or merger offer from a rival packaged-goods company, according to the NY Post. Sources did not confirm the suitor, but potential names include Church & Dwight, Procter & Gamble (NYSE: PG), Jarden (NYSE: JAH) and Unilever (NYSE: UN). A...
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NY Post Reports Sycamore Partners Considering Bid for Sears Canada
Tuesday, August 5, 2014 - 5:46am | 86Read More...Sycamore Partners, which acquired retailers Jones Group, Talbots and Hot Topic, is now considering a takeover bid for Sears Canada (OTC: SEARF), according to a report from the the NY Post. Sears (NASDAQ: SHLD) Chairman Eddie Lampert has indicated he wants $2 billion for the 176 stores in Canada,...
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NY Post Reports American Apparel May Reinstate Dov Charney as CEO to Avoid Default
Monday, June 30, 2014 - 5:50am | 68Read More...American Apparel could reinstate ousted CEO Dov Charney, in order to avert the default that was triggered by the Board's removal of Charney, according to sources reported by the NY Post. The clothing company's bankers have reportedly told Lion Capital that it won't be able to issue new debt to meet...
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NY Post Reports Nasdaq, Marc Andreessen in Battle to Launch First Regulated Bitcoin Exchange
Thursday, June 26, 2014 - 5:39am | 63Read More...Nasdaq (NASDAQ: NDAQ) and venture capitalist Marc Andreessen could soon be competing to becone New York's first regulated bitcoin exchange, according to sources, as reported by the NY Post. The Nasdaq could create a regulated platform for bitcoin trades in a year, according to one source. View full...
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NY Post Reports Dov Charney will Attempt to Take Back Reins of American Apparel
Friday, June 20, 2014 - 5:45am | 74Read More...According to the NY Post, Dov Charney, ousted by the American Apparel (NYSE: APP) Board as CEO on Wednesday, is seeking shareholder support and additional board seats, in an attempt to gain a majority. According to sources, Charney could attempt to increase the number of directors to 13, with the...
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NY Post Reports Apple Purchase Price for Beats Electronics Cut to $3B
Tuesday, May 27, 2014 - 9:34pm | 65Read More...Apple (NASDAQ: AAPL) is expected to announce the acquisition of Beats Electronics this week for $3 billion, or $200 million less than was originally reported, according to the New York Post. A report that Beats Music has just 111,000 subscribers for its streaming service, may have led to the price...
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NY Post Reports Verizon to Launch Streaming Video Service, According to Sources
Wednesday, May 21, 2014 - 5:56am | 70Read More...Verizon (NYSE: VZ) CEO Tim McAdam ended speculation Tuesday, regarding a potential deal for Dish Network (NASDAQ: DISH), but the telecom giant may be planning it's own video service, according to sources reported by the NY Post. Verizon has reportedly signed deals with major programmers. View full...
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NY Post Reports Third Point's Dan Loeb Ready to Put Pressure on Sony Again
Friday, May 16, 2014 - 5:50am | 57Read More...Third Point's Dan Loeb may be ready to do battle with Sony (NYSE: SNE) again, due to the stock's continued poor performance, according to the NY Post. Loeb previously had called for the company to spin off its entertainment unit. View full article http://nypost.com/2014/05/16/sony-woes-could-spark...
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UPDATE: Sources Tell NY Post No Prospect of Sprint-T-Mobile Deal Being Approved by Federal Regulators
Friday, May 2, 2014 - 6:11am | 61Read More...Federal regulators are opposed to a merger of Sprint (NYSE: S) and T-Mobile US (NYSE: TMUS), according to sources speaking to the NY Post. One source said there was no prospect of the deal being approved. View full article http://nypost.com/2014/05/02/regulators-not-on-board-with-sprint-t-mobile-...
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NY Post Reports Energy Future Holdings, Owned by KKR, Goldman Sachs, TPG, to File for Bankruptcy
Tuesday, April 29, 2014 - 5:47am | 70Read More...Dallas based utility, Energy Future Holdings is prepared to file for bankruptcy, according to the NY Post. The utility, which serves 2 million customers, was purchased by KKR (NYSE: KKR), Goldman Sachs Capital Partners (NYSE: GS) and TPG Capital in 2007 in a buyout valued at $44 billion. View full...
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NY Post Reports Sycamore Partners Seeking More Retail Deals
Wednesday, April 9, 2014 - 5:58am | 54Read More...Sycamore is raising $2.5 billion for a second buyout fund, following the completion of the acquisition of Jones Group (NYSE: JNY), according to the New York Post. Sycamore is reportedly seeking out more retail deals, according to sources. View full article http://nypost.com/2014/04/09/jones-group-...

