Publishing & Printing M&A » By The Online Investor Staff, updated Fri., Mar. 29, 7:14 AM
Recent mergers and acquisitions in the Publishing & Printing M&A category.
Slide #43. Newcastle Investment Corp. — Dow Jones Local Media Group
Acquirer: |
Newcastle Investment Corp. (NCT) |
Acquiree: |
Dow Jones Local Media Group (NWSA) |
Details: |
Newcastle Investment Corp. (NYSE:NCT)("Newcastle" or the "Company") announced today that it has acquired Dow Jones Local Media Group ("Local Media Group") from News Corp for $87 million. The Company made a total equity investment of $54 million, including transaction expenses, and financed the remainder of the purchase price with $33 million of debt. |
Drive Shack is a real estate investment trust that invests in, and manages, a range of real estate related and other investments. Co. operates through the following segments: debt investments financed with collateralized debt obligations, other debt investments, and investment in golf properties and facilities. Co.'s investments include investments in commercial mortgage backed securities, senior unsecured debt issued by property REITs, real estate related asset backed securities and Federal National Mortgage Association /Federal Home Loan Mortgage Corporation securities. As of Dec. 31, 2015, Co.'s Golf business included 86 properties in the U.S. that Co. leased, owned or managed.
Preferreds: NCT.PRB, NCT.PRC, NCT.PRD
Open the NCT Page at The Online Investor » Drive Shack is a real estate investment trust that invests in, and manages, a range of real estate related and other investments. Co. operates through the following segments: debt investments financed with collateralized debt obligations, other debt investments, and investment in golf properties and facilities. Co.'s investments include investments in commercial mortgage backed securities, senior unsecured debt issued by property REITs, real estate related asset backed securities and Federal National Mortgage Association /Federal Home Loan Mortgage Corporation securities. As of Dec. 31, 2015, Co.'s Golf business included 86 properties in the U.S. that Co. leased, owned or managed.
Preferreds: NCT.PRB, NCT.PRC, NCT.PRD
Open the NWSA Page at The Online Investor »
Company Name: |
News Corp (New) |
Website: |
www.newscorp.com |
Sector: |
Publishing & Printing |
Number of ETFs Holding NWSA: |
87 |
Total Market Value Held by ETFs: |
$2.00B |
Total Market Capitalization: |
$9.91B |
% of Market Cap. Held by ETFs: |
20.20% |
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