Sinclair Offers to Buy Remaining EW Scripps Shares at $7.00 Each
Sinclair proposes to acquire all EW Scripps shares it doesn’t already own for $7.00 per share, offering cash and stock options and a 200% premium to recent trading levels.
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Grindr Walks Away from $3.5B Buyout Deal Over Financing Concerns
Dating app Grindr ends take-private negotiations with major shareholders Ray Zage and James Lu, citing unclear financing for the $18/share deal valued at $3.46 billion.
Oppenheimer Downgrades T-Mobile Amid Slower Growth
Oppenheimer cuts T-Mobile to Perform, citing slowing subscriber growth, intense competition, and pressure on free cash flow after years of strong gains.
WBD Bidding War: Paramount Leads as Bids Fall Short of $30/Share
Warner Bros. Discovery receives bids from Paramount Skydance, Comcast, and Netflix, but regulatory hurdles and political factors may push final price below CEO's $30/share target.
Paramount Eyes Middle Eastern Investment for Warner Bros. Discovery Bid
Paramount to submit its bid of around $23.50 a share for Warner Bros. Discovery this week. Netflix stock dips on WBD acquisition concerns.
Nokia Shares Slide as AI Restructuring Raises Doubts
Nokia stock drops 8% despite AI pivot plans. Investors question transformation strategy lacking new partnerships amid concerns over returns.