Paramount Global plans to oust CEO Bob Bakish amid negotiations for a potential merger with Skydance Media, as reported by CNBC, citing sources, with division heads expected to lead discussions ahead of Q1 2024 financials and the expiration of an exclusivity period on Friday.
The Mergers and Acquisitions Process involves 10 steps: 1. Acquisition Strategy, 2. Selection Criteria, 3. Target Search, 4. Acquisition Planning, 5. Valuation, 6. Negotiations, 7. Due Diligence, 8. Contract, 9. Financing, and 10. Closure Announcement, each crucial for effective execution and completion of the deal.
Dominion Lending Centres (TSX:DLCG:CA) sold its 52% stake in Cape Communications International for $3.71 million, intending to fully repay its junior term facility with the proceeds.
Talks between Abu Dhabi National Oil Co. and OMV regarding their chemicals unit merger face significant delays, potentially extending beyond Austrian national elections, as disagreements persist, notably over cash payments and stock exchange listings.
