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Stock Market & Financial Investment News

News Breaks
May 15, 2014
12:48 EDTFOXA, APO21st Century Fox confirms intent to form JV with funds managed by Apollo Global
21st Century Fox (FOXA) confirms its intent to form a joint venture with funds managed by affiliates of Apollo Global Management (APO) comprised of Endemol, Shine Group and CORE Media Group. The parties have entered into a preliminary agreement, subject to a number of conditions, which calls for 21st Century Fox and funds managed by affiliates of Apollo to jointly own and manage the new joint venture. There can be no assurance that the proposed transaction will be completed.
News For FOXA;APO From The Last 14 Days
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August 31, 2014
21:19 EDTAPONorwegian Cruise in talks to acquire Prestige Cruises for $3B, Reuters says
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13:50 EDTFOXANomura to hold a conference
Digital Media Conference 2014 to be held in New York on September 3-4.
August 29, 2014
15:46 EDTFOXADisney jv A&E in talks for Vice Media stake after Time Warner backs out, FT says
A&E Networks, a joint venture owned by Disney (DIS) and Hearst Corporation, is nearing a deal to pay $250M for 10% stake in Vice Media after the digital media company and Time Warner (TWX) failed to come to terms on a deal, said Financial Times. 21st Century Fox (FOXA) already owns a 5% stake in Vice. Reference Link
13:15 EDTFOXATime Warner ends talks to buy Vice Media stake, NYT says
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August 28, 2014
07:49 EDTAPOApollo Global owned Momentive gets tentative bankruptcy approval, Bloomberg says
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03:17 EDTAPOApollo Global momentive bankruptcy plan approved with changes, Bloomberg says
August 26, 2014
18:38 EDTAPOApollo's Momentive bankruptcy plan approved with changes, Bloomberg says
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18:02 EDTAPOApollo Global momentive bankruptcy plan approved with changes, Bloomberg says
09:35 EDTFOXANetflix files formal protest against Comcast merger, Engadget reports
Netflix (NFLX) has filed a petition to the FCC against the proposed merger between Comcast (CMCSA) and Time Warner Cable (TWC), as the streaming company has previously indicated it would, reported Engadget. Netflix claims the deal would result in "serious public interest harm" and that a merged cable giant would have huge leverage over it and rivals like Hulu, which is a joint venture owned by Comcast itself along with partners Disney (DIS) and 21st Century Fox (FOXA). Reference Link
August 25, 2014
14:51 EDTFOXAGray Television renews all Fox affiliation agreements
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