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$CBS $CBS.A said its radio business CBS Radio has priced offering of $400MM of 7.25% senior unsecured notes due 2024. CBS Radio also established pricing for $1.06Bil senior secured term loan B facility maturing in 2023 at interest rate of LIBOR plus 3.50%. The $1.46Bil debt financing are being made as part of its plans to separate radio business.
$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.