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CNBC Worldwide Exchange October 24, 2016 - Vimarsana News

CNBC Worldwide Exchange October 24, 2016

Good morning, happy monday and welcome to world wild exchange. Im sara eisen sitting alongside don chu in for wilfred frost. We have a big story today. Huge deal in media and telecom. At t buying time warner for 107. 50 a share. Half in cash, half in stock. The total price tag equals more than 85 billion. Well have a lot on this story all hour long. But first, well check in on the broader markets after you can see time warner shares up almost 3 . A big pop already coming on the back of reports that this deal was in the works. At t the acquired shares down about 3 at this early hour. You can pr...

LA's Abandoned Towers Loom as a "$1.2 Billion Ruin of Global Capital" - Vimarsana News

LA's Abandoned Towers Loom as a "$1.2 Billion Ruin of Global Capital"

Oceanwide Plaza, shuttered mid-construction after its developer filed for bankruptcy, has stood vacant on prime Los Angeles real estate since 2019.

Oceanwide Stake in Wuhan Project Frozen After NYC Seizure - Vimarsana News

Oceanwide Stake in Wuhan Project Frozen After NYC Seizure

China Oceanwide had its stake in a Wuhan project frozen by an arbitrator this week after creditors seized its New York project last week.