Trump administration supports Paramount Skydance in competition to acquire Warner Bros. Discovery, sources say
The Trump administration is showing support for Paramount Skydance’s bid to acquire Warner Bros. Discovery, making it clear that competing bidders might run into significant challenges from U.S. regulators, as reported by On the Money. As Warner Bros. Discovery, often referred to as WBD, begins its sale process this week, Paramount Skydance, a rising media […]
Media giant goes up for formal auction, sources say
Warner Bros. Discovery Initiates Auction Process Warner Bros. Discovery has embarked on a formal auction process, engaging bankers from JPMorgan and Allen & Company to assess interest from prospective buyers, including Paramount Skydance, according to reports. On Thursday, HBO and CNN, subsidiaries of Warner Bros. Studios, convened a board meeting alongside bank representatives to discuss […]
US Marshal and undocumented immigrant shot during operation in Los Angeles, according to sources.
On Tuesday, a federal marshal and an undocumented immigrant were fatally shot during an immigration enforcement operation in Los Angeles. Federal agents had encircled those inside a vehicle when the driver allegedly attempted to escape by ramming a federal vehicle, according to statements from U.S. Immigration and Customs Enforcement (ICE) and Homeland Security Investigations (HSI). […]
Warner Bros. Discovery turns down $24 per share acquisition offer from Paramount Skydance, according to sources.
Warner Bros. Discovery Rejects David Ellison’s $24 a Share Bid David Ellison, head of Paramount Skydance, recently had his $24 per share proposal for Warner Bros. Discovery (WBD), a massive deal valued at $57 billion, turned down. This development comes amid escalating discussions between the two media powerhouses. Sources indicate that this is the third […]
NYC tenant disposed of lover’s decomposing body in trash, but the foul smell couldn’t be concealed: sources
A man from Brooklyn is facing allegations of disposing of his boyfriend’s decaying body in a trash can, an act that didn’t remain unnoticed for long due to the overwhelming stench, according to sources. Christopher Moss, 38, was taken into custody Sunday afternoon on charges related to concealing a body. This followed reports of a […]
Teen in New York City accused of beheading mother’s boyfriend and blending his brain, according to police sources.
Staten Island Teen Accused of Gruesome Murder A Staten Island teenager, Damian Herstel, stands accused of decapitating his mother’s boyfriend, a crime that has left many in shock. According to police, the 19-year-old allegedly went so far as to scoop out the victim’s brain with a spoon and put it in a blender. What did […]
Activist HoldCo has a stake in Eastern Bankshares and is advocating for its sale, according to sources.
BOSTON, Oct 17 Activist investor Holdco Asset Management has taken a significant stake in Eastern Bancshares (EBC.O), as the well-known Boston financial institution is leaning towards putting itself up for sale rather than pursuing further acquisitions. This shift comes amidst discussions with stakeholders who have expressed their views on the matter. Holdco has recently acquired […]
Swastika flag in Rep. Dave Taylor’s office could be an ‘optical illusion,’ sources say
Sources indicate that a flag resembling a swastika found in the D.C. office of Republican Rep. Dave Taylor might actually be an American flag with a concealed design that can only be detected by cameras, described as an “optical illusion.” This situation is akin to the flags that were covertly placed in numerous congressional offices […]
David Ellison might reveal an offer for Warner Bros. Discovery soon, according to sources.
David Ellison Eyes Merger with Warner Bros. Discovery Media mogul David Ellison is gearing up to propose a merger with Warner Bros. Discovery, according to On the Money. However, it seems that any immediate developments are unlikely to be filled with excitement. Ellison has kept a low profile since it emerged last month that his […]
Japan’s Rakuten considering a U.S. IPO for its credit card division, sources indicate.
Rakuten Considers IPO for Credit Card Business in the U.S. TOKYO, Oct 15 – Japan’s Rakuten is exploring the possibility of an initial public offering (IPO) for its credit card division in the United States, according to sources familiar with the situation. Discussions are still in the early stages, and the company might also consider […]