Friday, November 26, 2004

This week grought a number of firms putting themselves up for sale:
  • Movie firm Lions Gate Entertainment, worth up to $1.8bn
  • Newspaper publisher Pulitzer, valued at $1.2bn
And several deals have closed, or will do so in the next few months:
  • The Adelphia auction is still running
  • The Grey-takeover by WPP was delayed
  • Sony bought MGM
  • Dow Jones acquired
So what does this mean?

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