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Home > Power Lunch > M&A Monday, The $700 Million Man 12/11/23
Podcast: Power Lunch
Episode:

M&A Monday, The $700 Million Man 12/11/23
Category: Business
Duration: 00:43:23
Publish Date: 2023-12-11 20:48:52
Description:

Today has seen a ton of deal-making news, each highlighting trends across multiple sectors. 

Arkhouse Management and Brigade Capital offered to buy Macy’s for $5.8 billion. Occidental Petroleum is buying Permian producer CrownRock for $12 billion. 

And Paramount shares jumped after reports of takeover interest. We’ll break down what these deals mean for their respective industries. 

Plus, the Los Angeles Dodgers agreed to pay all-star Shohei Ohtani a record-setting $700 million over 10 years. We’ll break down what it means for the economics of baseball.
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