Although it might seem like every other person you know has a Netflix subscription, the reality is that the company has had a tough year. Netflix's stock price plummeted after recent earnings failed to meet expectations. Not only that, but the streaming service giant reported a loss of 200,000 subscribers last quarter which has, not shockingly, led to significant layoffs within the company. Read More...
Benzinga
Bidders Offers Value Toshiba Up To $22B: Reuters
Potential buyers for Japanese conglomerate Toshiba Corp (OTC: TOSYY) are mulling offering up to 7,000 yen ($51.41) per share, Reuters reported. The offer price, if realized, will value the company at about $22 billion, representing a 27% premium to Toshiba’s share price of 5,501 yen as of Wednesday’s close. Related: Toshiba Gets Privatization Proposals – Guess How Many Are Interested KKR & Co. Inc (NYSE: KKR), Baring Private Equity Asia, Blackstone Inc. (NYSE: BX), Bain Capital, Brookfield Asset
Add Comment