Deals wrap: What’s next for media?
The London Stock Exchange is to buy the owner of the Toronto Stock Exchange, TMX Group, in an all share deal that will create a mining-dominant exchange at a time of rising commodity prices.
In a long range forecast for the media sector, investors should expect radical changes and lots of M&A, The Washington Post reports.
Porsche is about to hit the road with a 5 billion euro ($6.8 billion) capital increase, paving the way for a planned merger with Volkswagen, two people familiar with the matter said.
Kinder Morgan and HCA’s impending IPO’s should be a cautionary tale for other boards considering management-led buyouts, reports The New York Times.