2024-12-19 12:59:51

Companies That Spent Billions on M&A Are Now Selling for Peanuts

Yahoo! Tech (nprofile…834n)
https://s.yimg.com/ny/api/res/1.2/prVxpGMsQiO27VSSBVmFcg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03ODA-/https://media.zenfs.com/en/bloomberg_technology_68/e6634a4410b8a7a59f1b312aafa5a860

https://finance.yahoo.com/news/companies-spent-billions-m-now-113029038.html

Author Public Key

npub1hrmeelmxktje8vy2t6axvt5ae0emvfk4v5hxrvaceky4pfmn8guqkqj2rr

Show more details

Published at

2024-12-19 12:59:51

Kind type

1 Short Text Note

Event JSON

{ "id": "38c167ea37bf7e4c5a2bb743742217e7d713b4db7995a90f93fa249827b392e4", "pubkey": "b8f79cff66b2e593b08a5eba662e9dcbf3b626d5652e61b3b8cd8950a7733a38", "created_at": 1734613191, "kind": 1, "tags": [ [ "r", "https://finance.yahoo.com/news/companies-spent-billions-m-now-113029038.html" ], [ "subject", "Companies That Spent Billions on M\u0026A Are Now Selling for Peanuts" ], [ "published_at", "1734607829" ], [ "image", "https://s.yimg.com/ny/api/res/1.2/prVxpGMsQiO27VSSBVmFcg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03ODA-/https://media.zenfs.com/en/bloomberg_technology_68/e6634a4410b8a7a59f1b312aafa5a860" ], [ "p", "b8f79cff66b2e593b08a5eba662e9dcbf3b626d5652e61b3b8cd8950a7733a38", "wss://articles.layer3.news" ], [ "imeta", "url https://s.yimg.com/ny/api/res/1.2/prVxpGMsQiO27VSSBVmFcg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03ODA-/https://media.zenfs.com/en/bloomberg_technology_68/e6634a4410b8a7a59f1b312aafa5a860" ], [ "t", "Technology:perspective" ], [ "summary", "The trend of companies selling off underperforming assets at knockdown prices is a sign of a shift in the market, where companies are focusing on their core operations and shedding excess baggage. Alibaba Group Holding Ltd. announced it will sell its Chinese department-store chain Intime to a local apparel group for $1 billion, a 30% discount from its valuation when Alibaba bought it in 2017. Similarly, BlackBerry Ltd. is divesting its Cylance endpoint security unit to software startup Arctic Wolf for $160 million, a significant discount from the $1.4 billion it paid to buy the business in 2018." ] ], "content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqhrmeelmxktje8vy2t6axvt5ae0emvfk4v5hxrvaceky4pfmn8guq4j834n\nhttps://s.yimg.com/ny/api/res/1.2/prVxpGMsQiO27VSSBVmFcg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03ODA-/https://media.zenfs.com/en/bloomberg_technology_68/e6634a4410b8a7a59f1b312aafa5a860\n\nhttps://finance.yahoo.com/news/companies-spent-billions-m-now-113029038.html", "sig": "cd1a3b4edcc733fe1e8e3c1041bf4bf370c1fd2b1ccc83a4e8e621048557d41911d9d7f1b9235996c91142f0adee4fc8a29d3f9f357063cfd1ef8b8fb118720a" }