News Highlights: Top Company News of the Day
Roku Nears Deal to Buy Rights to Quibi's Content
Quibi is in advanced talks to sell its content catalog to Roku,
as the short-form streaming service winds down its operations
following an unsuccessful run.
Icahn Sells More Than Half of His Herbalife Stake
Carl Icahn is also relinquishing his seats on the
nutritional-supplements company's board, taking a step back from a
MGM Seeks to Buy Ladbrokes Owner Entain
The offer, which would have a substantial stock component, comes
after an earlier, roughly $10 billion all-cash overture was
China's Telecom Majors Yet to Hear From NYSE About Delisting Decisions
China's three telecom majors said that they hadn't received
notification from the New York Stock Exchange about the bourse's
decision to delist their securities.
Fiat Chrysler's Chairman Nears Crowning Achievement With PSA Merger
A descendant of Fiat's founding family, John Elkann, is seeking
to create the world's third-largest car maker by closing the
industry's biggest deal in decades.
Elon Musk Steers Tesla to Record Deliveries
The company supplied 499,550 vehicles last year as sales soared
despite a drop in global demand for new cars during the
Turo CEO Says Car-Renting App Plans to Go Public in 2021
Platform turned its first profitable quarter and increased
revenue 7% during the coronavirus pandemic.
NYSE to Delist China's Major Telecom Operators
The New York Stock Exchange move comes after a government order
barring Americans from investing in companies the U.S. says help
the Chinese military.
BlackRock Scales Back Private-Equity Fund Ambitions
After struggling to meet a $12 billion fundraising goal,
BlackRock staffers have set sights on growing the private-equity
fund to $4 billion to $6 billion in assets over time.
Tribune Publishing to Review Alden's Buyout Offer
The newspaper owner has appointed a special committee to review
the offer from Alden Global Capital, which already holds 32% of
(END) Dow Jones Newswires
January 03, 2021 23:15 ET (04:15 GMT)
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