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Viacom (VIA) Will Explore Options for Strategic Investments in Paramount Pictures
February 23, 2016 12:39 PM ESTViacom Inc. (NASDAQ: VIAB) has initiated a process to explore opportunities for a significant strategic minority equity investment in Paramount Pictures. The announcement was made today by Philippe Dauman, Viacoms Executive Chairman, President and CEO, at the Jefferies Media & Communications Conference in New York City.
We have received indications of interest from potential partners... More
Yahoo! (YHOO) Creates Strategic Review Committee; Says Separation of Alibaba (BABA) Stake 'Essential'
February 19, 2016 8:02 AM ESTYahoo! Inc. (Nasdaq: YHOO) provided further details about its previous announcement that its Board of Directors is exploring strategic alternatives alongside its continued consideration of a reverse spin.
The Board has formed a Strategic Review Committee of independent directors to lead this effort, with the assistance and support of management. The Strategic Review Committee has engaged Goldman Sachs & Co. Inc., J.P. Morgan and PJT Partners Inc. as its financial advisors, and Cravath, Swaine & Moore LLP as its legal... More
