Wednesday, 30 July 2014
Last updated 5 hours ago
Sep 11 2013 | 10:20am ET
Southeastern Asset Management, until recently Carl Icahn's partner in his effort to sink Dell Inc.'s $24.8 billion buyout, has a new target: Rupert Murdoch's media empire.
Southeastern has taken an 11.9% stake in News Corp., it said, yesterday. The firm's $397 million holding makes them News Corp.'s second largest shareholder behind Murdoch, who owns 39% of the company.
News Corp. owns, among many other things, The Wall Street Journal, New York Post, London's The Times and The Sun, publisher HarperCollins and Fox Broadcasting.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…