Mergers & Acquisitions

Stonepeak to become majority shareholder in new venture; Alphabet to retain minority stake

Agreement includes such brands as Ookla, Speedtest, Ekahau, Downdetector, and RootMetrics

The acquisition of the Lexington, Kentucky station from Morris Network will create a duopoly with its WLEX NBC affiliate

The $40 million from the sale of the Fort Myers Florida station will be used to pay down debt

HBO “will continue to have the resources and independence to do what it does best,” Paramount Skydance CEO David Ellison insisted

Cox-Charter merger hinged on ending ‘DEI discrimination’

Netflix has declined to raise its bid, saying `the price required to match Paramount Skydance's latest offer...is no longer financially attractive"

The stations were divested to comply with ownership caps in 2021

Company’s purchase from Rohde & Schwarz will grow its market presence in playout, multiviewers

The study filed with the FCC found that in `the majority of duopolies, triopolies, and quadropolies’ station groups offered `essentially the same local news’