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Stock Market & Financial Investment News

News Breaks
December 7, 2012
06:13 EDTKKR, DISCADiscovery close to buying ProSieben assets, Telegraph reports
The Discovery Channel (DISCA) is closing in on ProSieben, which is owned by Permira and KKR (KKR), in a deal that could be worth EUR1.3B, or GBP1.05B, the Telegraph reports. Providence Equity Partners may look to launch a bid for ProSieben, but insiders believe Discovery will emerge with the assets. Reference Link
News For DISCA;KKR From The Last 14 Days
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January 28, 2015
07:56 EDTKKRKKR to lead $35M growth equity investment in ClickTale
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January 23, 2015
07:22 EDTDISCADiscovery's bid for Ten Networks expected to be rejected, AFR reports
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January 22, 2015
07:26 EDTKKRKKR issues some refunds after SEC findings, WSJ says
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05:36 EDTKKRKKR acquires Trainline, details not disclosed
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January 21, 2015
12:54 EDTDISCADiscovery to bid for rights to screen English Premier League, Bloomberg reports
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January 20, 2015
11:52 EDTKKRKKR seeks $3B for distressed fund targeting oil companies, Asia, Bloomberg says
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07:25 EDTDISCAViacom buys 50% stake in five Indian TV channels, WSJ says
Viacom (VIA, VIAB) is completing a deal with India's Reliance Industries giving it 50% ownership of five Indian TV channels for an undisclosed sum, reports the Wall Street Journal. Competitors including Discovery Communications (DISCA), 21st Century Fox (FOX, FOXA), and AMC Networks (AMCX) are similarly looking towards foreign investment as U.S. consumers move away from traditional cable packages. PricewaterhouseCoopers predicts 16% annual growth in Indian TV revenue over the next five years. Reference Link
January 16, 2015
10:01 EDTDISCAOn The Fly: Analyst Downgrade Summary
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08:56 EDTDISCADiscovery downgraded at Atlantic Equities
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06:21 EDTDISCADiscovery downgraded to Neutral from Overweight at Atlantic Equities
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