Investment management

1010 WINS Newsroom
December 10, 2019 - 6:46 am
LONDON (AP) — Food delivery company Just Eat rejected a sweetened takeover bid from investment firm Prosus on Tuesday, saying that the 5 billion pound ($6.6 billion) offer still “significantly undervalues” the company. Prosus N.V., which is owned by the wealthy South African investment group...
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1010 WINS Newsroom
December 08, 2019 - 11:52 am
NEW YORK (AP) — In November, newspaper publisher GateHouse completed its acquisition of USA Today owner Gannett, creating the largest newspaper publisher in the U.S. Executives behind the merger, which was funded in part by a high-interest, $1.8 billion loan from a private equity firm, have pledged...
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FILE - In this Nov. 28, 2018, file photo Microsoft CEO Satya Nadella speaks during the annual Microsoft Corp. shareholders meeting in Bellevue, Wash. Microsoft's shareholders voted Wednesday, Dec. 4, 2019, to defeat two proposals by activist investors that would have required the company to add a rank-and-file employee on its board of directors and study workplace gender pay disparities. (AP Photo/Ted S. Warren, File)
1010 WINS Newsroom
December 04, 2019 - 12:50 pm
Microsoft's shareholders have defeated two proposals by activist investors calling for the company to add a rank-and-file employee on its board of directors and report on gender disparities in company salaries. The company said Wednesday that neither proposal got enough support, according to...
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FILE - This July 14, 2010, file photo, shows a Charles Schwab office in Oakland, Calif. Charles Schwab is buying rival TD Ameritrade for $26 billion, a blockbuster deal accelerated by disruption in the online brokerage industry. The tie-up announced Monday, Nov. 25, 2019, would create a company so big, however, that it may draw sharp scrutiny from antitrust regulators.(AP Photo/Paul Sakuma, File)
1010 WINS Newsroom
November 25, 2019 - 2:54 pm
NEW YORK (AP) — Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement brought about by massive disruption in the online brokerage industry. Bowing to competitive pressure, brokerages have made it free for customers to trade U.S. stocks online. A...
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In this April 25, 2016 file photo, workers walk past the front entrance of the Hartford Courant building in Hartford, Conn. Hedge fund Alden Global Capital is now the largest shareholder of Tribune Publishing, the company that owns the Hartford Courant, the Chicago Tribune, Baltimore Sun and New York Daily News. Tribune says Alden, a hedge fund known for layoffs and slashing costs at newspapers it acquires, purchased the 25% stake from former Tribune chairman Michael Ferro. (AP Photo/Charles Krupa, File)
1010 WINS Newsroom
November 20, 2019 - 3:09 pm
NEW YORK (AP) — Hedge fund Alden Global Capital is now the largest shareholder of Tribune Publishing, the company that owns the Chicago Tribune, Baltimore Sun and New York Daily News. Alden, a hedge fund known for layoffs and slashing costs at newspapers it acquires, bought the 25% stake from...
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FILE - In this Aug. 5, 2019, file photo, sections of a USA Today newspaper rest together in Norwood, Mass. GateHouse Media has closed on its takeover of Gannett, bringing about 260 daily papers together to become the country’s largest newspaper company by far. (AP Photo/Steven Senne, File)
1010 WINS Newsroom
November 19, 2019 - 5:25 pm
NEW YORK (AP) — GateHouse closed its $1.1 billion takeover of USA Today publisher Gannett, becoming the country’s largest newspaper company by far and pledging significant cost cuts at a time when print publications are in precipitous decline. The merger brings together about 260 daily papers,...
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1010 WINS Newsroom
November 09, 2019 - 4:03 pm
WASHINGTON (AP) — In a story Nov. 8 about Pam Bondi, a former Florida attorney general, stepping down from a lobbying firm as she prepares to defend President Donald Trump in an impeachment investigation, The Associated Press reported erroneously that Bondi lobbied for a Kuwaiti company with a U.S...
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Undated handout photo of someone using the Just Eat mobile phone app. Food delivery company Just Eat has rejected a takeover offer from South Africa’s Prosus, saying that the 4.9 billion-pound ($6.2 billion) cash offer “significantly undervalues” it. (Just Eat/Via AP)
1010 WINS Newsroom
October 22, 2019 - 10:19 am
LONDON (AP) — Food delivery company Just Eat rejected Tuesday a takeover proposal from investment firm Prosus, saying that the 4.9 billion-pound ($6.2 billion) cash offer "significantly undervalues" it. Prosus N.V., which is owned by the wealthy South African investment group Naspers, had already...
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FILE - In this Jan. 30, 2010, file photo, Vice President Joe Biden, left, with his son Hunter, right, at the Duke Georgetown NCAA college basketball game in Washington. Since the early days of the United States, leading politicians have had to contend with awkward problems posed by their family members. Joe Biden is the latest prominent politician to navigate this tricky terrain. (AP Photo/Nick Wass, File)
1010 WINS Newsroom
October 14, 2019 - 1:07 pm
NEW YORK (AP) — Facing intense scrutiny from President Donald Trump and his Republican allies, Hunter Biden says he will step down from the board of directors of a Chinese-backed private equity firm at the end of the month as part of a pledge not to work on behalf of any foreign-owned companies...
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FILE - In this Jan. 30, 2010, file photo, Vice President Joe Biden, left, with his son Hunter, right, at the Duke Georgetown NCAA college basketball game in Washington. Since the early days of the United States, leading politicians have had to contend with awkward problems posed by their family members. Joe Biden is the latest prominent politician to navigate this tricky terrain. (AP Photo/Nick Wass, File)
1010 WINS Newsroom
October 13, 2019 - 7:18 pm
WASHINGTON (AP) — The Latest on Hunter Biden, son of Democratic presidential candidate Joe Biden (all times local): 7 p.m. Joe Biden is laying out some ethical markers should he become president. He says that in a Biden White House, his family members would not be allowed to have any business...
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