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Mergers and Acquisitions Archives

Time Warner could eye CBS for acquisition

Virginia residents may have heard that a merger between CBS and Time Warner may be reality in the near future. According to some analysts, a merger between the two media giants makes sense now more than ever. By acquiring CBS, Time Warner could expand into new markets by adding one of the major broadcast networks to its stable of media properties, which includes the Warner Brothers film studio and cable channels HBO and TBS. CBS and Time Warner combined would bring substantial size and bargaining power to the negotiating table with cable providers. Many providers would feel obligated to carry CBS, and that leverage would allow Time Warner to demand higher carriage fees for its other cable channels. Time Warner would then be able to compete with other media giants that also own broadcast networks, such as News Corp, which owns Fox, and Disney, which owns ABC and ESPN.

Algorithm buyouts may be the next mass pipe-dream in tech

Following news of Yahoo's purchase of the news app Summly, some tech industry experts are wondering whether the sudden interest in paying big money for mathematical algorithms is such a good idea. TED speakers and authors acknowledge the fact that algorithms and similar problem-solving solutions are going to play even bigger roles than they already do, but they caution that the way businesses acquire such tools may lead to a new tech bubble. They point out that placing too much trust in specific algorithms that are deficient can lead to major financial losses, such as 2010's Flash Crash.Other tech analysts, on the other hand, point out that market bubbles are only likely when investors throw caution to the wind. They say that even though recent mergers and acquisitions like Yahoo's have similarities to the dot-com bubble, most of the companies involved in larger deals have the fiscal foundation and market footing to back them up.

Virginia International Raceway gets new owner

In 2000, Virginia International Raceway was a barebones racetrack. There was no resort, no kart track, and no spa that make up just part of what we know it as today. After purchasing the track that had been sitting unused for nearly 25 years and spending the last 13 years turning it into a facility heralded by the likes of Car and Driver magazine, VIR's owner has decided to retire.

Best Buy buyout plan still a mystery

The co-founder of technology retail giant Best Buy is continuing to work on a proposal to buy back the company. He is working on a limited timeline to find the right investors to help finance the buyout, estimated to be worth about $10 billion.

William and Mary considers merger with local medical school

The College of William and Mary and the Eastern Virginia School of Medicine announced recently that they are considering a merger. The merger would make EVSM the medical school at the College of William and Mary. The two parties have issued a statement saying that they will be "exclusively exploring" this possibility, but gave no specific timetable for the study or the ultimate decision.

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