Skip to Content

Money

What is a hostile takeover bid?

By Elisabeth Buchwald, CNN New York (CNN) — Paramount Skydance on Monday launched a hostile takeover bid for Warner Bros. Discovery, moving directly to appeal to shareholders with an all-cash offer that it says represents better value than the $72 billion deal Netflix and WBD announced Friday. A hostile takeover occurs when a company makes

Continue Reading

Pueblo receives approval for nearly $20 million to replace diesel transit buses with hybrid versions

PUEBLO, Colo. (KRDO) — The Steel City recently received approval for its request for federal and state funding to upgrade its fleet of transit buses that provide transportation to nearly a million riders annually. Officials announced the approval late last week, hailing it as the second-largest grant award in city history. Pueblo requested nearly $4

Continue Reading