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FTC will likely not allow the sale, so be careful about buying the stock based on that information alone.
So does NFLX stock go up or down when the FTC announces they are challenging the acquisition?
Zaslav securing $30 a share for just the studio and streaming assets is a masterclass in failing upwards. This effectively creates a content monopoly that the FTC will likely tie up in litigation for years. Don’t hold your breath for that combined library; Reed just bought himself a regulatory nightmare.
To talk about Trump appearing in Rush Hour 4 right? Nothing improper like asking him to tell FTC to block the merger?
palantir printed $2B of founder stocks and they have been selling them since then. Check their GM SPAC, WEJO, shut down by the FTC.
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Total Off-Exchange Volume: 7183
Values over 50% Short often indicate hidden bearish pressure from institutions.
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