“The Hunted” May Become “The Hunter” by Global Slant It was a little over two years ago that Rupert Murdoch’s Twenty First Century Fox [FOXA] proposed a buyout of Time Warner [TWX]. Naturally, TWX stock soared on news of the proposal while FOXA shares simultaneously tanked as Rupert Murdoch’s penchant for over-paying [i.e. Dow Jones] was on full display [see below chart] Furthermore, the stock + cash deal had a nasty little detail. That is, the FOXA shares [to be used as equity currency] were non-voting. So, if a deal were to be completed, TWX shareholders would have no…
Will Time Warner Make A Bold Move? “The Hunted” May Become “The Hunter”
Guest Post
If you are interested in contributing to ValueWalk on a regular or one time basis read this post http://www.valuewalk.com/guest-posts-hedge-fund-letters/ We do not accept any outside posts or even ads on penny stocks, ICOs, cryptos, forex, binary options and related products.