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Stock Market & Financial Investment News

News Breaks
May 12, 2014
06:03 EDTFOX, BSYBYBSkyB confirms talks to buy Fox's stakes in Sky Deutschland, Sky Italia
British Sky Broadcasting (BSYBY) notes speculation about a potential acquisition of 21st Century Fox's (FOX) interests in Sky Deutschland and Sky Italia. The company said, "BSkyB has a clear set of plans to grow its business in the UK and Ireland, is executing these well and expects to continue to achieve excellent growth and returns for shareholders. At the same time, the Company continuously explores ways to create further value for shareholders. These discussions have not progressed beyond a preliminary stage, no agreement has been reached on terms, value or transaction structure and there is no certainty that a transaction will occur."
News For FOX;BSYBY From The Last 14 Days
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September 17, 2014
09:04 EDTFOXAmericas Media ad growth estimates lowered at Nomura
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06:13 EDTBSYBY, FOXSky Deutschland tells investors to reject BSkyB offer
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September 12, 2014
11:13 EDTBSYBY, FOXLiberty Global says no 'big' transactions on horizon
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06:56 EDTFOX, BSYBYEU approves BSkyB $9B pay-TV agreements in Germany, Italy, Reuters says
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September 11, 2014
11:10 EDTFOXFox COO Carey says company has 'moved on' from Time Warner, THR reports
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06:17 EDTFOXTime Warner not planning HBO IPO, comments on Fox, NY Post reports
Time Warner (TWX) CEO Jeff Bewkes told the Goldman Sachs Communacopia conference that the company is not planning an IPO or tracking stock for HBO, the New York Post reports. Bewkes also commented that the company took 21st Century Fox's (FOXA) takeover offer "very seriously," but it was determined that the integration process would be such a "large undertaking" that shareholders of both companies "would be exposed to incredible and unnecessary risks." Reference Link
September 9, 2014
07:28 EDTFOXFOX pursues reality TV joint venture agreement, Hollywood Reporter says
21st Century Fox (FOX, FOXA) president and COO Chase Carey said that the company doesn't want to pursue Time Warner (TWX) again or look for another large deal, but the firm is aiming to finalize an agreement to create a reality television joint venture agreement comprised of Shine Group, Endemol and Core Media in the future, according to Hollywood Reporter, citing comments from Carey. Reference Link

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