Wall Street Journal, December 23,
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Trump's administration has suspended the leases for?five? large offshore wind farms that are currently under construction off of the U.S. East Coast due to what they called national security concerns. This sent shares in offshore wind companies plummeting.
Oracle co-founder Larry Ellison personally guaranteed $40.4 billion to entice Warner Bros Discovery to stop selling its prized Hollywood assets.
Netflix has refinanced part of its $59 billion loan bridge to support a?potential acquisition?of Warner Bros Discovery’s film studios, TV studios, and streaming assets.
The U.S. Food and Drug Administration has approved Novo Nordisk’s weight-loss pills, giving the Danish pharmaceutical company a competitive advantage in the race to develop a 'potent oral medication to shed pounds. It is looking to gain lost ground against rival Eli Lilly.
Nelson Peltz, through his hedge fund Trian, and General Catalyst have agreed to purchase asset manager Janus Henderson. The deal is worth $7.4 billion. This marks the end of a five-year campaign by Nelson Peltz.
Cintas submitted a second offer to acquire UniFirst, the smaller uniform supplier. Cintas had earlier proposed to buy all common and Class B share outstanding for $275 each. This would have amounted to approximately $5.2 billion in total.
(source: Reuters)