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Comcast's Sky Acquires ITV Media and Entertainment For $2 Billion
Comcast’s European satellite TV operator Sky July 6 announced it has agreed to acquire ITV Media & Entertainment from ITV plc for a total consideration of up to £1.6 billion ($2 billion) in cash, debt and net working capital. In addition to £1.2 billion in cash and up to £0.2 billion in performance-related earn-out, the … Continue reading "Comcast’s Sky Acquires ITV Media and Entertainment For $2 Billion"
Supreme Court ruling may wipe out Democrats' cash advantage in Senate battlegrounds
The GOP and Democratic national committees, others can now spend unlimited funds from their big donors in coordination with political campaigns.
Continental Agrees to Sell ContiTech Business to Lone Star Funds
Continental expects the deal to generate cash proceeds of approximately 3.1 billion euros, some of which will be used to cut debt, with around 2.5 billion euros distributed to shareholders.
Tencent Music (TME) Stock May Be 36% Undervalued On Cash Flow Strength
Tencent Music Entertainment Group stock has had a tough run over the last year, yet both the Discounted Cash Flow (DCF) intrinsic value estimate and the earnings-based valuation checks currently point to the shares trading at a discount to that underlying assessment. Over the past 12 months, Tencent Music Entertainment Group is down 54.5%, which means recent shareholders are sitting on sizeable paper losses despite the stock screening as undervalued. The key support for any upside case is...
How Trump is turning NATO into a cash machine
The U.S. president has refashioned the alliance into something far different from its original intention.
SC Democrat running for attorney general says he won’t take a dime in contributions. Is it foolish?
Can a candidate run statewide without campaign cash? Democrat Richard Hricik is testing that question in South Carolina’s attorney general race. And he says it’s not a gimmick.
Funds open for communities on Tour of Britain route
York and North Yorkshire Combined Authority is making cash available to help celebrate the event.
Sphere Entertainment (SPHR) Stock May Trade At A Discount On Cash Flow While Earnings Look Rich
Sphere Entertainment stock has produced a very strong share price gain over the past few years, yet its valuation signals are pulling in different directions, with a Discounted Cash Flow (DCF) intrinsic value pointing to some upside while traditional market multiples suggest the shares are expensive. Over the last 3 years, Sphere Entertainment has delivered a return of about 3.9x, which puts extra focus on whether today’s price still leaves room for further upside. Recent attention on Sphere...
Falcons training camp spotlight: UDFA running back Cash Jones
Falcons training camp spotlight: Ex Georgia RB Cash Jones must showcase versatility
Sphere Entertainment (SPHR) Stock May Be Cheap On Cash Flow Yet Pricey On Earnings
Sphere Entertainment has delivered very strong share price gains over the last three years, yet the valuation signals are pulling in different directions, with the Discounted Cash Flow (DCF) intrinsic value estimate pointing to some upside while market based multiples look stretched. Sphere Entertainment has returned roughly 387.2% over three years, which puts a spotlight on whether recent gains already reflect most of the good news in the story. Expectations around demand for The Wizard of...
Karpa Health Launches Turnkey Nationwide Telehealth Platform as GLP-1, Peptide, and Hormone Demand Accelerates
The all-in-one platform helps entrepreneurs, clinics, med spas, gyms, and wellness brands launch cash-pay telehealth programs nationwide. TAMPA, FL / ACCESS Newswire / July 3, 2026 / Karpa Health today announced the general availability of its turnkey ...
Is AMC Entertainment Holdings (AMC) A Bargain Following Its $350 Million Equity Raise?
AMC Entertainment Holdings (AMC) is back in focus after raising US$350 million through equity offerings. The company is using the cash to fully redeem its 2027 notes, extend major debt maturities and reshape its balance sheet. See our latest analysis for AMC Entertainment Holdings. Recent equity offerings and the full redemption of AMC Entertainment Holdings' 2027 notes have coincided with a sharp 90 day share price return of 68.75%, although the 1 year total shareholder return is still down...
Yankees Birthday of the Day: Brian Cashman
Happy 59th birthday to the man running the show in the Yankees’ front office.
Steelers' Defensive Line Future Hinges on Keeanu Benton Contract Decision
For the first time in what feels like a very long time, the Pittsburgh Steelers are getting second deals done with their draft picks. Joey Porter Jr. is in line for his deal, Darnell Washington got his, and Nick Herbig also cashed in during the 2026 offseason. According to a Steelers insider, the team may leave 2023 second-round pick Keeanu Benton on the outside looking in.
Elevance pays CMS $342M to assuage concerns of noncompliance and overbilling
The Medicare Advantage insurer said the payout is equal to what a CMS audit stated was the total amount the company was overpaid for patient care services. Despite receiving the cash, the agency has yet to officially withdraw its enforcement action, as the two parties are still negotiating.
AMC Entertainment (AMC) Is Down 8.7% After Equity Raise To Retire 2027 Notes And Fund Upgrades
In late June 2026, AMC Entertainment Holdings, Inc. completed a registered direct equity offering of about US$200.03 million and moved to fully redeem US$125.47 million of its 6.125% Senior Subordinated Notes due 2027 at par plus accrued interest. The company plans to use the remaining proceeds to bolster cash reserves and fund growth-oriented upgrades across its theatres as early as this autumn. Next, we’ll explore how using fresh equity capital to retire higher-cost debt and invest in...
PlayStation PC Retreat Is A Mistake, As 18+ Months Late Ports Made Money Without Costing a Single Console Sale
Shawn Layden argues PlayStation’s PC port retreat is a mistake, proving late ports made cash without dropping PS5 sales
Supreme Court loosens campaign finance laws, opening up flood of midterm cash
The change is likely to benefit Republicans, who brought the case and rely more on large donors.
Fast food, fries and science: Inside U-M's lab studying cravings
The experiment starts before anyone takes a bite. There's no drive-thru. No cashier calling the next order. No glowing sign announcing the restaurant is open.
Target Seems To Be Artificially Increasing Prices On Pokémon TCG
Why let scalpers get all the extra cash?
Talawar Therapeutics and JATT II Acquisition Corp. Announce Definitive Business Combination Agreement to Create Publicly Listed Biotechnology Company Developing Potentially Best-in-Class Bispecifics for I&I Diseases
Oversubscribed $225 million concurrent private investment in public equity ("PIPE") with available cash to the combined company at closing anticipated to fund...
Title IX in the Age of House, NIL and Cash-Strapped Universities
Title IX just had its 54th anniversary, but despite gains for some women in the NIL era, gender equity doesn't feel any closer in college sports.
Comcast to split cable business from media through NBCUniversal, Sky spinoff
Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media and entertainment business under pressure from streaming rivals and industry consolidation. The latest U.S. media industry shake-up follows years of cord-cutting as legacy players chase scale to better compete with Netflix while Paramount Skydance's $110 billion deal for Warner Bros Discovery is set to boost competition. Comcast, which leans on cable for much of its cash flow, is also losing broadband customers to fixed wireless offerings from T-Mobile and Verizon and to fiber rivals building out networks.
Ahead of the MLB trade deadline, here’s where the Yankees stand
Yankees general manager Brian Cashman is almost always aggressive when he believes in his team.
Trump calls likely DC mayor Janeese Lewis George a 'communist' and vows to block her agenda
D.C. mayoral frontrunner Janeese Lewis George faces clash with President Trump over ICE enforcement, policing, cashless bail and sanctuary city policies.
Burglars steal from Grand Forks business, cancer fundraiser
The owner of An Elegant Affair says burglars stole merchandise, cash and donations collected for an employee battling cancer.
Local business celebrates 10 year anniversary with $5,000 in cash prizes up for grabs
It is a celebratory feat for any small business to successfully reach 10 years in operation.To mark their 10 year anniversary, Escape It Grandview will be host
AI Is Already Reshaping US Politics at Every Level
From data center backlash to boundless cash from tech billionaires and concerns about deepfaked campaign ads, AI is everywhere in the 2026 US elections.
Platner, Collins’ campaign spar over federal contracts
Platner released a multi-point plan he calls “a corruption crackdown,” which covers issues such as big money in politics, lobbying activities by former members of Congress, and making it more difficult for presidents to cash in on their position while in office.
Mamdani and Hochul announce cash infusion for New York City Abortion Access Hub expansion
New York City and the Empire State are infusing hundreds of thousands of dollars into New York City Abortion Access Hub to expand its referral network
Kustom Entertainment Announces $5.5 Million Divestiture of Legacy Video Solutions Division to Cycurion, Advancing Live Entertainment Focus
Kustom Entertainment announces divestiture of video solutions division to Cycurion, enhancing focus on live events and ticketing.Quiver AI SummaryKustom Entertainment, Inc. announced a binding agreement to sell its legacy video solutions division to Cycurion, Inc., in a deal worth up to $5.5 million, including $1.25 million in cash and a $4.25 million promissory note. The transaction, expected to close in July 2026, will provide Kustom with finan
TikTok and YouTube are reinventing how young fans watch sports
Sports TV ratings and live rights fees are soaring, but professional leagues and broadcasters are facing a new battleground for young fans. Social platforms like TikTok and YouTube are claiming an increasing share of viewing hours among Generations Z and Alpha. Sports clips, highlights and creator content can introduce younger fans to professional sport, but how do the major players cash in?
Germany's Merck to buy Bio-Techne for $73 per share
Merck KGaA has agreed to acquire biotech firm Bio-Techne Corp for $73 per share in cash, the German science and healthcare firm said in a statement on Thursday.
Germany’s Merck to Buy Bio-Techne for $11 Billion
Merck KGaA offered $73 a share in cash to buy Bio-Techne, representing a 24% premium to the U.S. lab-tools supplier’s closing price Wednesday.
Former Sparrow hospitals see improved finances 3 years after UM merger
The former Sparrow Health System was bleeding cash when it was swept up by the University of Michigan Health network three years ago. That's changed.
World Cup crowds bring some boom, some bust for Seattle businesses
Ahead of Wednesday's World Cup match in Seattle, a clear pattern had emerged: Bars, cafés, and restaurants are surging with game-day energy, while many retail shops and businesses outside the immediate fan orbit are struggling to cash in.
Trio behind string of business burglaries caught after chase through Tucker
Police said the suspects threw cash register tills and other stolen items from the vehicle.
USPS tells Congress it needs cash rescue amid broken business model
Postmaster General David Steiner told a Senate committee the agency has amassed nearly $31 billion in cumulative defaults and could run out of cash by year's end
CC Biz Buzz: A busy business is not always a healthy one
Columbia College Business faculty member Gina Singleton writes about lessons of cash versus revenue.
Braves blow another one in 7-6 loss to Padres
A wild night at Petco Park was capped off by a walk-off single by way of Manny Machado as the Braves fell to the Padres, 7-6, in 10 innings. This is a bad baseball team at the moment. The second inning was a doozy for both sides. The Braves loaded the bases and cashed in […]
PGA Tour season money leaders on June 23, 2026
These players have earned the most cash on the the PGA Tour in 2026.
Fortitude and HeartSciences (Nasdaq: HSCS) Announce Business Combination, Aiming to Bring a Leading Vertically-Integrated Zcash Mining Platform to the Public Markets
Fortitude Mining Holdings, Inc. ("Fortitude"), a vertically-integrated digital asset mining platform anchored in Zcash, and HeartSciences Inc. (Nasdaq: HSCS)...
Exclusive | Rare $18.5M NYC townhouse finds a cash buyer in 3 weeks -- and wouldn't exist just 1 block over
Edgecombe County woman wanted on embezzlement charges involving Bethel business
Tiffany Green is accused of stealing $18,500 in cash.
Start Building With 30+ Prime Day Lego Deals on Star Wars, Minecraft and Botanical Sets
Save some cash on popular Lego sets with these Prime Day steals. We've found something for everyone, from Marvel fans to car enthusiasts.
Breaking Business News: AbbVie To Acquire Apogee Therapeutics
AbbVie is set to acquire Apogee Therapeutics and its pipeline of multiple clinical-stage candidates in development across inflammatory and immunological diseases, including its lead asset, zumilokibart (APG777), a subcutaneous half-life extended monoclonal antibody targeting interleukin (IL)-13 in atopic dermatitis (AD). Under the terms of the transaction, AbbVie will acquire all outstanding shares of Apogee for $135.11 per share in cash. […]
SpaceX launches notes offering, discloses $100.8 billion cash balance
SpaceX said on Monday it launched an offering of senior unsecured notes and disclosed that it held about $100.8 billion in cash and cash equivalents as of June 19.
Bill ensuring health coverage for families of fallen officers in Pa. gets unanimous committee nod
A bill ensuring continuous coverage for families of fallen officers advanced through committee but the cost would fall on cash-strapped municipalities.
For cash-strapped farmers, deal to end Iran fighting comes too late
Some of the president’s strongest supporters are hurting as midterm elections approach.
Danhausen Is WWE's Perfect Sports Entertainment Character
Danhausen's meteoric rise as WWE's newest cash cow has been a phenomenon you would have to see to believe.
California Man Gets 27 Months For Tax Evasion, Illegal Gambling Business
A California man who admitted operating an illegal offshore gambling business, laundering cash proceeds and evading federal tax has been sentenced to 27 months in prison.
Stanley Cup cash flow: Downtown Raleigh businesses prepare for big crowds during Saturday's parade
Before Saturday's Stanley Cup championship parade, downtown Raleigh businesses are stocking up for what could be the busiest day of the year.
Earn Special Rewards in GTA Online with the Fine Art Collector Program
Prepare to target the city's cultural centerpiece in The Kortz Center Heist by first enrolling in the new Fine Art Collector program to earn special rewards in GTA Online, including up to GTA$1,500,000 in bonus cash, now through July 13.
Earn Special Rewards in GTA Online with the Fine Art Collector Program
Prepare to target the city's cultural centerpiece in The Kortz Center Heist by first enrolling in the new Fine Art Collector program to earn special rewards in GTA Online, including up to GTA$1,500,000 in bonus cash, now through July 13.
St. Francois Co. man charged, illegal gaming devices seized from business
A St. Francois County, Mo. man is facing charges after 13 illegal gaming devices were seized, along with cash, as part of an investigation by the attorney general, local and state police.
Intel takes a major step toward turning around a business that’s bleeding cash
Intel’s new manufacturing process has entered a stage that signals the company is confident in its ability to bring on external customers, analysts say.
Auditors warn Don't Nod will run out of cash by November if it is unable to secure financing
The company has asked Tencent, its largest shareholder, for more money, but to no avail
Aphelion and Life is Strange developer Don't Nod in trouble as it struggles to secure funding for its next project
Don't Nod is in trouble yet again, as the company prepares to address a shortage of cash in its reserves.
We’re about to find out how powerful Brian Kemp really is with Georgia Republicans
Tuesday will prove whether he has the juice to overcome a Trump endorsement in the Senate race and overcome a firehose of cash in the race to succeed him.
PAVS eyes $15–20M cash deal for women's activewear brand Jabanero
Non-binding LOI would see Paranovus pay $15–20M in cash for 100% of Jabanero, a women's activewear brand, as it expands into proprietary brands.
Flashpoint June 14, 2026: Cash in politics, Michigan Chronicle's 90th and the Gordie Howe Bridge
Seattle businesses ready to cash in as World Cup kicks off downtown
For Sage Lavner, a bartender at Baba Yaga in Pioneer Square, the excitement is hard to miss.
Gamehost Shareholders Approve Sale to Pure Casino Entertainment
Red Deer, Alberta--(Newsfile Corp. - June 12, 2026) - Gamehost Inc. (TSX: GH) ("Gamehost") announced that its shareholders (the "Gamehost Shareholders") have approved its previously announced transaction with Pure Casino Entertainment Limited Partnership ("Pure") pursuant to which a subsidiary of Pure will acquire all of the outstanding common shares of Gamehost (the "Gamehost Shares") for $13.65 in cash per share (the "Transaction"). The Transaction was approved at a special meeting of the...
Red Sox's Aroldis Chapman reportedly says if Yankees trade for him, GM Brian Cashman should apologize to LHP first
AMC raises $150M as 2026 box office surge signals recovery
New $150M equity raise adds cash and strengthens AMC’s balance sheet, giving the company more financial flexibility as 2026 box office figures surge.
Social Security is Facing a Political Crisis
On Tuesday the Social Security Trustees released their latest report on the system’s finances. The numbers didn’t change much: Unless something is done, the Old Age Survivors and Disability Insurance (OASDI) program, Social Security’s official name, will be unable to pay full benefits starting in either 2032 or 2034, depending on some technical issues. That’s not far away: If the Trustees are right, the prospect of a Social Security crisis will loom over the next presidential administration. It’s important to understand, however, the nature of the looming crisis. It won’t be an economic crisis. It won’t even be a serious fiscal crisis. Whatever you may have heard, Social Security isn’t in danger of going bankrupt. What we’re facing, instead, is potential political crisis. Congress and the White House could easily take action to sustain America’s retirement system. But given the current state of our politics, there’s no guarantee that they will. There is a widespread misunderstanding of how Social Security works. While Social Security was designed to look like a pension fund, it isn’t. A pension fund pays benefits out of a stock of assets it has accumulated over time. In contrast, Social Security operates as a government transfer program, like food stamps or Medicaid. Now, unlike food stamps — but like the highway trust fund — Social Security is on paper supported by a dedicated tax, the payroll tax, that is assigned to that program. But I say “on paper” because from an economic point of view assigning the payroll tax to Social Security is just an accounting convention. What matters for the U.S. economy is the overall balance between government spending and government revenue, not the difference between one type of spending and one source of revenue. So there’s no inherent economic significance to the fact that by 2034 payroll tax receipts will be insufficient to cover promised benefits. There is, however, a legislative issue. As long as the Social Security Administration can pay benefits out of payroll taxes and its cash reserve, there’s no need for Congress to vote each year to authorize benefits — they just keep going out until further notice. However, once those resources become insufficient, benefits will fall —by 17 percent according to the Trustees — unless Congress passes new legislation that “tops up” Social Security’s finances. Yet the current administration and Republican party are such extremists that there is a real risk that Social Security will be held hostage on behalf of their goals. If this should come to pass, the hostage-takers will claim that shoring up Social Security is unaffordable. Right on cue, Mike Johnson, the Trump-sycophant Speaker of the House, declared on Monday that “entitlement programs” like Social Security “have to be adjusted and fixed,” and that Republicans will introduce a plan to that effect next year. But this is a ploy, because while the cost of maintaining Social Security benefits at their promised level isn’t trivial, it is in fact affordable. According to the Trustees’ report, the actuarial balance of OASDI up through 2050 — the amount of additional funds it would need to keep paying full benefits for the next 25 years — is 1.06 percent of GDP. To put that number in perspective, the Trump administration proposes increasing military spending next year by $420 billion, equivalent to about 1.4 percent of GDP – without any discussion of whether that’s affordable Yet how did we get to the point where Social Security will need to be topped up? The main answer is that we have an aging population, with a growing ratio of retirees collecting benefits to workers paying into the system: Trump’s anti-immigration policies are making this problem worse. According to the Trustees’ report, lower immigration will deepen Social Security’s financial hole because many immigrants are working-age adults who will pay into the system for decades before they collect benefits. In fact, this problem may be much bigger than the report acknowledges: The report’s baseline assumption is that we’ll have net immigration of almost 1.2 million people a year, and even the pessimistic case assumes 750,000 a year. Meanwhile actual net immigration has already been cut far below that — and may now be negative. Moreover, Social Security is being financially damaged by growing income inequality in America. Payroll taxes are levied only on wages up to $184,500, and they don’t touch capital income. With the distribution of income increasingly shifting from labor to capital, as well as becoming more unequal among wage-earners, revenue from the Social Security payroll tax has been falling as a share of national income. From 1990 to 2024, it fell from 5.02 percent of gross domestic income to 4.46 percent. Which brings me to the question that, these days, we ask about everything: How might Social Security be affected by the advent of AI? A short answer: If, as many of us fear, AI accelerates rising income inequality, it will further reduce the payroll tax receipts that currently pay for Social Security and further endanger its finances. On the other hand, if AI, as its advocates promise, leads to faster economic growth, it will increase the potential tax base that could and should be used to support Social Security and other social insurance programs. But to take advantage of that larger base, we’ll have to get serious about taxing wealth and capital income. Is Social Security in trouble? Yes, but only because of the way its financing is currently structured — a structure that no longer works well because our society and economy have become so unequal. Moreover, Trump’s immigration policies are further endangering its already deteriorating financial condition. So don’t believe Republicans’ gaslighting that it will be necessary to cut Social Security benefits. All that is necessary to preserve Social Security is political will to raise taxes on the wealthy and a sensible immigration policy. MUSICAL CODA Actually 67 under current law.
Record lobby cash shapes EU pro-business agenda, campaigners say
The corporate titans of the tech, energy and chemicals industries are spending more than ever to influence EU decision-makers, determined to see more business-friendly policies -- and it's paying off,...
Record Lobby Cash Shapes EU Pro-business Agenda, Campaigners Say
The corporate titans of the tech, energy and chemicals industries are spending more than ever to influence EU decision-makers, determined to see more business-friendly policies -- and it's paying off, campaigners said Thursday.
I Sold My Business for $280 Million in Cash. Now, I Invest in Early-Stage Companies — Here’s What Every Young Entrepreneur Should Know.
Dan Graham was interested in business from a young age.
Valve kills its retail gift card program due to scammers
Move also cuts off a massive market of legit users who buy cards with physical cash.
SpaceX Owns a Real Business That Makes Big Money
A simple view of SpaceX is that it’s a low-cost rocket launcher that created the profitable Starlink satellite business and which is now burning cash to build orbital data centers and colonize Mars. Starlink doesn’t have the lead role in SpaceX’s $1.8 trillion initial public offering. But it is the real business inside the company, and the telecoms industry and its regulators can ill afford to be complacent about the disruptive threat it poses.
New York businesses cash in as Knicks' historic NBA Finals run sparks economic boom
Former Modell's Sporting Goods CEO Mitch Modell joins 'Varney & Co.' to discuss how the Knicks' NBA Finals run is fueling a major economic boost for New York City businesses.
Brewers Add Reliever Joel Kuhnel in Trade With Athletics
The Milwaukee Brewers acquired right-handed reliever Joel Kuhnel from the Athletics for cash considerations.
Bengals Film Room: Cashius Howell is Money
Cashius Howell was a huge get for the Bengals in Round 2
Iran Demands Cash for Peace. That’s a Political Minefield for Trump.
Tehran wants quick access to its frozen funds, a major hurdle to a deal with Washington to end the war.
How Elon Musk is redefining executive compensation
CEO pay packages have reached extraordinary levels, and Elon Musk stands far above everyone else with a compensation package valued at roughly $132 billion, The New York Times reports. Musk’s compensation is almost entirely stock-based rather than salary or cash bonuses, receiving shares only if Tesla achieves a series of ambitious long-term performance targets tied […]
The Business of the New York Knicks
Headed to their first championship final in more than 25 years, the New York Knicks have a deep celebrity following and lots of brand love to cash in on.
Top Georgia politicians rake in cash as lawsuits that could stop them drag
A handful of Georgia politicians raked in millions of dollars during the recent legislative session while most elected officials were prohibited from raising money.
Tampa Sports Authority says Bucs should trump Rays in cash requests
With talks ongoing about an MLB ballpark and renovations to Raymond James Stadium on the horizon, TSA wants to prioritize the NFL team’s request.
Flush With Cash From OpenAI, Opal Is Making an AI-Powered Audio Gadget
Opal, the company famous for making a fancy webcam, has pivoted to making other consumer electronics. Fueled by big investments from OpenAI and Samsung, it’s working on an audio gadget first.
Rx Kids linked to reductions in preterm births and low birthweights, fewer NICU admissions
A pregnancy and postnatal cash prescription program in Flint Michigan has been linked to improved birth outcomes including reduced rates of low birthweight, preterm birth and NICU admission.
World Cup cash grab: How politics, greed fuel FIFA's monopoly
Once a festival of affordable global fandom, the World Cup now is giving FIFA a prime opportunity to reap record profits from soccer fans.
Buffett's Berkshire puts cash to work with Alphabet deal, acquisition
Berkshire Hathaway is set to buy $10 billion of discounted Alphabet stock, and recently announced an $8.5 billion acquisition.
Twins acquire righty reliever Justin Lawrence from Pirates for cash
The Minnesota Twins acquired right-handed reliever Justin Lawrence from the Pittsburgh Pirates for cash on Monday night. The 31-year-old Lawrence was 0-2 with a 5.32 ERA in 23 appearances for the Pirates this season. Lawrence debuted with Colorado in 2021 and spent four seasons with the Rockies before Pittsburgh claimed him off waivers in March 2025.
Yankees May Approval Poll: Brian Cashman
Share your thoughts on the Yankees GM now that we are more than a third of the way into the season.
Bengals' Cashius Howell reveals lessons from Boye Mafe, others
The Bengals' top pick this year is getting key mentorship from Boye Mafe, Dexter Lawrence and others.
Red Wing business owner facing drug charges
A search warranted carried out at Red Wing Glass Friday morning resulted in police finding nearly five pounds of suspected methamphetamine and a large amount of cash.
Elmwood's Mister Pizza reopens under new management
According to a press release, most kitchen equipment has been replaced and the entryway and cashier counter have also been remodeled.
Palidye Holdings Initiates PENN Entertainment Position, According to Recent SEC Filing
PENN Entertainment pairs regional casinos with a digital wagering business now centered on iCasino and theScore Bet. The stock becomes much more interesting if digital keeps improving without weighing on the casino's cash-flow base.
Palidye Holdings Initiates PENN Entertainment Position, According to Recent SEC Filing
PENN Entertainment pairs regional casinos with a digital wagering business now centered on iCasino and theScore Bet. The stock becomes much more interesting if digital keeps improving without weighing on the casino's cash-flow base.
Fertitta Entertainment Agrees to Acquire Caesars Entertainment in $17.6B Deal
HOUSTON, LAS VEGAS AND RENO, NEV. — Fertitta Entertainment Inc., a private holding company controlled by the NBA’s Houston Rockets governor (i.e. owner) Tilman Fertitta, has entered into a definitive agreement to acquire casino and gaming giant Caesars Entertainment (NASDAQ: CZR) for $17.6 billion. Fertitta Entertainment plans to finance the acquisition through a combination of equity, assumed Caesars’ outstanding debt (approximately $11.9 billion) and new committed debt financing arranged by a consortium of 10 banks. Under terms of the agreement, Caesars shareholders will receive $31 in cash for each outstanding share, which represents a 49 percent premium to the company’s unaffected stock price on Feb. 25 (the last trading day before rumors of a potential transaction were reported) — $20.77 per share. Upon completion of the transaction, shares of Caesars Entertainment common stock will no longer be listed on the NASDAQ stock exchange. Caesars operates several major Las Vegas Strip properties, such as Caesars Palace, Harrah’s, Paris Las Vegas, Planet Hollywood, Horseshoe, The LINQ Hotel, Flamingo and The Cromwell. Fertitta Entertainment owns Golden Nugget Hotels & Casinos and operates more than 450 full-service restaurants around the world, including Landry’s, Rainforest Café and Morton’s. According to the press releases issued by both companies,…
What Tilman Fertitta's pending purchase of Caesars Entertainment means for Las Vegas
Tilman Fertitta is poised to become one of the most powerful figures on the Las Vegas Strip, with a $5.7 billion cash deal to buy Caesars Entertainment and add
Houston-area nail salon owner has a warning for other businesses
He believes the same person broke into his shop, leaving behind costly damage, while cleaning out the cash register.
Trump vows to protect the family businesses: crypto and prediction markets
In a Truth Social post, the president said no one should be allowed to regulate his new cash cows.
Caesars Entertainment Agrees to Be Acquired by Fertitta Entertainment
Caesars Entertainment, Inc. has entered into a definitive agreement to be acquired by Fertitta Entertainment, Inc. in an all-cash transaction valued at approximately $17.6 billion, including the assumption of approximately $11.9 billion of Caesars’ outstanding debt.
Newsom wants to claw back Trump fund cash as California burns billions on rail and other boondoggles
Gov. Gavin Newsom proposes a 100% tax on Californians who receive money from Trump's Anti-Weaponization Fund, calling it a reward for Jan. 6 rioters.
Latham & Watkins Advises Caesars Entertainment in US$17.6 Billion Sale to Fertitta Entertainment
Firm represents the gaming company in its sale to the diversified hospitality and entertainment company in an all-cash transaction.
Ex-CIA official charged with stealing millions of dollars in gold bars
Federal officials found more than 300 gold bars valued at more than $40 million, as well as about $2 million in cash in David Rush's home