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Stock Market & Financial Investment News

News Breaks
April 21, 2014
09:10 EDTBCOR, DISCABlucora announces agreement to acquire HowStuffWorks from Discovery
Blucora (BCOR) and Discovery (DISCA) announced they have entered into a definitive agreement for Blucora to acquire the assets and operations of HowStuffWorks from Discovery. The all-cash transaction is expected to close in 2Q14, subject to customary closing conditions. As part of the transaction, Discovery will retain its key client relationships and partner with Blucora and HowStuffWorks to continue to deliver native advertising solutions. Discovery also will have ongoing access to HowStuffWorks video assets, consistent with Discovery’s strategic shift toward video content. Blucora expects to fund the transaction with cash on hand. Upon completion of the acquisition, HowStuffWorks will join the reporting segment that includes Blucora’s InfoSpace business.
News For BCOR;DISCA From The Last 14 Days
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March 19, 2015
10:02 EDTDISCAOn The Fly: Analyst Initiation Summary
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09:29 EDTDISCADiscovery initiated with a Buy at Rosenblatt
Target $38.
March 18, 2015
12:09 EDTDISCASony announces launch of PlayStation Vue in New York, Chicago, Philadelphia
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06:31 EDTDISCADiscovery, Viacom in talks to be on Apple TV service, WSJ reports
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