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Stock Market & Financial Investment News

News Breaks
December 4, 2012
07:15 EDTTI, DISCASources: Clessidra offers to buy Telecom Italia Media, Reuters reports
According to two sources, Clessidra, an Italian private equity fund, has offered to acquire Telecom Italia Media, Reuters reports. Telecom Italia Media is 77% owned by Telecom Italia (TI). Other potential bidders were Discover (DISCA), Hutchison Whampoa's Italian telecoms operator and Cairo Communication. Reference Link
News For TI;DISCA From The Last 14 Days
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April 21, 2014
09:10 EDTDISCABlucora 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.
April 17, 2014
06:15 EDTTITelecom Italia appoints Giuseppe Recchi as chairman
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April 16, 2014
19:43 EDTDISCADiscovery drops bid for Channel 5, Reuters says
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07:12 EDTDISCABSkyB, Discovery make joint offer for Channel 5, Bloomberg says
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April 15, 2014
10:10 EDTDISCADiscovery, BSkyB near deal to buy Channel 5, Broadcast says
Discovery Communications (DISCA) and British Sky Broadcasting (BSYBY) are near a GBP350M deal to buy Channel 5 from Northern & Shell, according to Broadcast. Reference Link
April 10, 2014
06:56 EDTTITelecom Italia said to team with Murdoch's Sky, Bloomberg says
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April 9, 2014
10:47 EDTTIOi could be preparing bid for Telecom Italia unit, WSJ reports
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