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$LMCB said it will acquire Formula One, the iconic motorsports business, from a consortium of sellers led by CVC Capital for a consideration of cash and newly issued shares in $LMCK and a debt instrument exchangeable to shares of $LMCK. The deal price represents an enterprise value for Formula One of $8Bil and an equity value of $4.4Bil.
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.