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Director John C. Malone acquired 2,670,000 shares, paying $28.03 per share for a total amount of $74.84 million. I like to keep an eye on any insider or director dealings that go on in the market. Some analysts see these as ominous signs and suggest Discovery, which is backed by skilled dealmaker John Malone, should try to renegotiate the price of the Scripps merger or … Malone picked up just under 2.7 million shares in Discovery at $28.03 on Nov. 14, acco… Director John C. Malone acquired 2,670,000 shares, paying $28.03 per share for a total amount of $74.84 million. John C. Malone is a US based business executive who served as the CEO of Tele-Communications Inc. (TCI) for more than two decades, from 1973 to 1996. John Malone Splashes Out on Discovery Stock The Liberty Media chairman made a $75 million bet on the company's success. Shares of Discover (DISCA) opened nearly 1% higher Tuesday at about $31. Cable mogul John Malone bought $75 million worth of Discovery stock, according to a filing with the Securities and Exchange Commission. Dr. John C. Malone has served as chairman of Liberty Media Corporation since 1990, as chairman of Liberty Expedia Holdings since 2016, as chairman of Liberty Interactive Corporation since 1994, as chairman of Liberty Global, plc since 2005, and as chairman of Liberty Broadband Corp. since 2014. John Malone’s potent mix of cable and media investments has long attracted imitators hoping to benefit from the wisdom as an industry pioneer.Gabelli & … 3,800, essentially all with subsidiaries: Website: discoveryholding.com: Discovery Holding Company was an American company headquartered in Meridian, Colorado. Discovery Holding Company was an American company headquartered in Meridian, Colorado.The postal designation of nearby Englewood was commonly listed as the company's location in corporate filings and news accounts.. Malone, a director and 10% owner of Discovery… 1. John Malone has upped his stake in Discovery Inc. by purchasing $75 million worth of stock on the open market.
Mr. And Discovery Communications, of which Mr. Malone is a major backer, has held merger discussions with Scripps Networks Interactive, other people briefed on … Discovery shares have been moving sideways over the past year or more as investors ponder its long-term strategy, Deadline.com explained. TCI was a major cable TV provider in America, which was bought by AT&T in 1999 and was then acquired by Charter Communications, followed by Comcast Corp. In June 2018, Malone bought $33 million in Discovery stock, Variety said. Discovery shares rose nearly 4% to $30.77 in mid-day trading Monday on news that the company’s largest individual shareholder, billionaire John Malone, has increased his stake in … John Malone, the ‘swamp alligator’ chewing up the UK’s media market The global ambitions of Malone, owner of Discovery, have brought him repeatedly into conflict with his … Shares of this media and entertainment company were acquired by 2 insiders: Director John C. Malone acquired 2,670,000 shares, paying $28.03 per share for a total amount of $74.84 million. John Malone, the cable cowboy, spent nearly $75 million buying almost 2.7 million shares in Discovery Inc. (NASDAQ:DISCA) (NASDAQ:DISCK).
Mr. Malone increased his stake by … You can unsubscribe at any time by clicking on the unsubscribe link in each newsletter. Mr. Malone increased his stake by 34.91% to 10,317,937 shares with this purchase. John C. Malone has been in the cable TV industry since the early 1970s. John Malone, the cable cowboy, spent nearly $75 million buying almost 2.7 million shares in Discovery Inc. (NASDAQ:DISCA) (NASDAQ:DISCK).
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