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Microsoft’s Gaming Shake-Up: 1,900 Layoffs Rock Activision Blizzard & Xbox

  • Byfinplate.co
  • Published On26 January 2024
Microsoft, post its acquisition of Activision Blizzard, announces the departure of 1,900 employees, including Activision Blizzard President Mike Ybarra, marking 8% of the gaming division, with CEO Phil Spencer acknowledging their contributions and signaling a streamlining effort after the $68.7 billion acquisition.
  • In The Spotlight

Zee vs. Sony Showdown: Entertainment Giants Clash in Legal Battle Over Failed Merger

  • Byfinplate.co
  • Published On25 January 2024
Zee Entertainment has taken legal action against Sony over the termination of their proposed merger, filing a case with the National Company Law Tribunal (NCLT) and contesting Sony's $90 million termination fee claim at the Singapore International Arbitration Centre (SIAC)
  • In The Spotlight

Strategic Shuffle: Walgreens Boots Contemplates Sale of Shields Health Solutions Amidst UK Boots Chain Divestiture Talks

  • Byfinplate.co
  • Published On24 January 2024

Walgreens Boots (NASDAQ:WBA) is currently exploring strategic options for its specialty pharmacy business, Shields Health Solutions, which it acquired three years ago. According to sources cited in a Bloomberg report, the business could be valued at $4 billion in a…

  • In The Spotlight

Bristol Myers Squibb Seals the Deal: Mirati Acquisition Strengthens Oncology Portfolio, But What’s the Cost for 2024 Earnings?

  • Byfinplate.co
  • Published On23 January 2024
Bristol Myers Squibb has successfully concluded its acquisition of cancer drugmaker Mirati Therapeutics, impacting its 2024 adjusted earnings by approximately $0.35 per share, as part of the company's efforts to diversify its oncology portfolio.
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