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If a group conference call is rescheduled, a spokesman for the Allied Pilots Association, which represents American Airlines Group Inc (AAL.O) pilots, said his union would like to be included. Previous calls regarding the 737 MAX have been between Boeing and airline management, with safety updates passed onto the pilots unions, sources have said. A preliminary report on the Lion Air crash will be released on Nov. 28 or 29, according to Indonesian investigators who have analyzed the doomed jet’s flight data recorder.
(Reuters) - Amazon.com Inc and private equity firm Blackstone Group are bidding for Walt Disney rope a dope cufflinks Co’s 22 regional sports networks, including New York-focused Yes Network, CNBC reported on Tuesday, citing sources familiar with the matter, Disney, which is buying Twenty-First Century Fox Inc’s film and television assets, had said it would divest 22 of Fox’s regional sports networks as part of its agreement with the U.S, Department of Justice, The story gave no indication about the value of the bids, Sources had earlier told here Reuters that these networks could be worth as much as $20 billion..
An unnamed sovereign wealth fund and the New York Yankees are also bidding for the New York network, CNBC said. If Amazon clinches the deal, it would pay a higher price than the $13.7 billion the retail giant paid to buy Whole Foods Co last year. Amazon has moved aggressively into TV to bolster its Prime membership service, which offers free delivery and content for a flat monthly fee. Its bid for the sports assets underlines its ambition to take on traditional pay-TV broadcasters in one of their most reliable sources of revenue.
“I’ve always viewed Amazon’s video strategy as having three elements to it – Prime Instant Video, the Channels business and live ad-supported TV,” Atlantic Equities analyst James Cordwell said, “The latter is the least rope a dope cufflinks built-out, but the RSNs (regional sports networks) would fit well in terms of establishing this part of the offering.”, Amazon already has rights to air 20 English Premier League soccer matches, giving its Prime Video online streaming service a foothold in the most-watched sports league in the world, It also has rights to America’s National Football League and National Hockey League..
Sports leagues are anticipating that the big tech companies will bid aggressively when rights come up for renewal in the next few years. Facebook and Twitter Inc already stream live sports events. Fox Executive Chairman Lachlan Murdoch had hinted earlier this month that it could buy back the regional sports networks it sold to Disney. Fox did not submit a bid in the first round for the networks although there was the potential that they would join in the second round, CNBC reported. The second round of bids are expected before the year ends and due diligence on the bids begin next week.
ZAGREB (Reuters) - The founder of beleaguered Croatian food producer and retailer Agrokor will be freed from jail after making a 7.5 million kuna ($1.15 million) bail payment, his lawyers said on Tuesday, Ivica Todoric was extradited from Britain to Croatia earlier this month to face allegations of fraud totaling tens of millions of euros, “The amount requested (by the court) has been rope a dope cufflinks deposited,” Cedo Prodanovic, one of Todoric’s lawyers, told reporters, The lawyers said Todoric was expected to leave prison later on Tuesday..
Together with 14 other people, mostly former top managers in Agrokor, Todoric is under investigation for his role in the debt and liquidity crisis at the company, which amounted to several billion euros. Todoric, who is not allowed to leave Zagreb without the court’s permission, denies any wrongdoing. In a debt settlement deal confirmed last month Agrokor, which is the largest employer in the Balkans, was taken over by its creditors, the biggest of which is Russia’s largest bank Sberbank (SBER.MM).
(Reuters) - Lowe’s Cos Inc said on Tuesday it was looking to shed its retail operations in Mexico and two of its smaller U.S, businesses as the country’s second-biggest home improvement chain strives to compete with rivals including Home Depot, Shares of the Mooresville, North Carolina-based company fell nearly 3.6 percent in morning trading after Lowe’s blamed inventory missteps for a smaller-than-expected rise in rope a dope cufflinks comparable store sales, Larger rival Home Depot Inc shares were also down nearly 2 percent..
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