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CAP

Netflix Will ‘Scale Up' as Needed With Warner: Gallagher

Simon Gallagher, SPG Global managing director and former Hulu/Netflix exec, says Warner would be exponentially more valuable inside Netflix.

Simon Gallagher, SPG Global managing director and former Hulu/Netflix exec, says Warner would be exponentially more valuable inside Netflix. He tells “The Close” that Warner Bros. and HBO could operate as silos within Netflix to produce more premium, high-value content tied to their iconic brands. (Source: Bloomberg)
Bloomberg Markets • Dec 5, 11:05 PM
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What Happens to WBD's Properties Amid Netflix Deal

Warner Bros.

Warner Bros. Discovery told employees its board approved Netflix’s acquisition of Warner Bros., with the deal contingent on regulatory clearance. Netflix says it will maintain HBO Max and HBO as part of the deal. Warner Bros. Discovery cable properties including CNN, TNT, Discovery and TBS will be split off into a separate company called Discovery Global in 3Q 2026. Bloomberg News Intelligence Senior Media Analyst Geetha Ranganathan and Bloomberg News Senior M&A Reporter Michelle Davis...
Bloomberg Markets • Dec 5, 10:47 PM
REG

Cautiously Optimistic: Rep. Fitzgerald on Netflix-Warner Bros. Deal

Representative Scott Fitzgerald (R-WI) weighs in on the Netflix-Warner Bros.

Representative Scott Fitzgerald (R-WI) weighs in on the Netflix-Warner Bros. deal and states he is cautiously optimistic about it and suggests waiting before talking about holding hearings on the transaction. He also talks about Congress' health care fight as the deadline is quickly approaching and what he is hearing about Speaker Johnson potentially placing a Republican proposal on the table before the end of next week. Rep. Fitzgerald speaks with Joe Mathieu and Amara Omeokwe...
Bloomberg Politics • Dec 5, 10:44 PM
REG

How Redistricting Keeps Changing the US Political Map

Gerrymandering is almost as old as the US republic itself.

Gerrymandering is almost as old as the US republic itself. It’s the process of drawing electoral district lines in sometimes absurd ways to fortify one political party at the expense of another. Good-government groups say that gerrymandering lets politicians choose their constituents, rather than the other way around.
Bloomberg Politics • Dec 5, 10:34 PM
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Hungary’s Outlook Cut to Negative at Fitch on Budget Loosening

Fitch Ratings cut the outlook on Hungary’s credit score to negative from stable, after a loosening of budget targets to accommodate Prime Minister Viktor Orban’s pre-election spending.

Fitch Ratings cut the outlook on Hungary’s credit score to negative from stable, after a loosening of budget targets to accommodate Prime Minister Viktor Orban’s pre-election spending.
Bloomberg Markets • Dec 5, 10:30 PM
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Hungary Outlook Cut to Negative at Fitch on Election Budget

Fitch Ratings cut the outlook on Hungary’s credit score to negative from stable, after a loosening of budget targets to accommodate Prime Minister Viktor Orban’s pre-election spending.

Fitch Ratings cut the outlook on Hungary’s credit score to negative from stable, after a loosening of budget targets to accommodate Prime Minister Viktor Orban’s pre-election spending.
Bloomberg Markets • Dec 5, 10:30 PM
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Trump’s National Security Strategy Veers Inward in Telling Shift

President Donald Trump’s new national security strategy codifies the disruptive foreign policies he’s pursued since taking office — including railing against allies as often as traditional foes — but also veers inward with an emphasis on domestic and culture war issues.

President Donald Trump’s new national security strategy codifies the disruptive foreign policies he’s pursued since taking office — including railing against allies as often as traditional foes — but also veers inward with an emphasis on domestic and culture war issues.
Bloomberg Markets • Dec 5, 10:20 PM
MA

ReserveOne Holdings and M3-Brigade Acquisition V Corp. Announce Strategic Merger Agreement Valued at $525 Million

ReserveOne Holdings, Inc. is set to merge with M3-Brigade Acquisition V Corp. in a significant transaction valued at approximately $525 million. This merger will see ReserveOne become a wholly-owned subsidiary of ReserveOne Holdings, Inc., enhancing its market presence and operational synergies.

In a pivotal development within the financial markets, ReserveOne Holdings, Inc. has announced a merger agreement with M3-Brigade Acquisition V Corp., aiming to combine their strengths in a deal valued at approximately $525 million. This merger, which is set to reshape the corporate landscape, will officially close in 2026 following a series of regulatory approvals and shareholder meetings. The merger involves several key entities: ReserveOne, a Delaware corporation; ReserveOne Holdings, Inc., its wholly-owned subsidiary; and...
USFM • Dec 5, 10:19 PM
MA

Ryerson Holding Corp to Acquire Olympic Steel in All-Stock Merger Valued at Approximately $39.26 Per Share

Ryerson Holding Corporation has announced its plans to merge with Olympic Steel, Inc. in an all-stock transaction designed to enhance market presence and operational efficiency. The merger will see Olympic Steel shareholders receive 1.7105 shares of Ryerson common stock for each share of Olympic Steel they own.

In a significant corporate maneuver, Ryerson Holding Corporation (NYSE: RYI) is set to acquire Olympic Steel, Inc. (NASDAQ: ZEUS) in an all-stock merger agreement finalized on October 28, 2025. Under this Agreement and Plan of Merger, a wholly owned subsidiary of Ryerson, Crimson MS Corp., will merge with Olympic Steel, with Olympic Steel continuing as the surviving entity and becoming a wholly owned subsidiary of Ryerson. As part of the merger, Olympic Steel shareholders will...
USFM • Dec 5, 10:19 PM
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Merz Lobbies Belgium to Back EU’s Jumbo Loan Plan for Ukraine

German Chancellor Friedrich Merz and European Commission President Ursula von der Leyen kept up the pressure on Belgium Friday to accede to an EU plan to use Russian central bank assets frozen in Belgium to fund Ukraine.

German Chancellor Friedrich Merz and European Commission President Ursula von der Leyen kept up the pressure on Belgium Friday to accede to an EU plan to use Russian central bank assets frozen in Belgium to fund Ukraine.
Bloomberg Politics • Dec 5, 9:49 PM
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Merz Lobbies Belgium to Back EU Jumbo Loan Plan for Ukraine

German Chancellor Friedrich Merz and European Commission President Ursula von der Leyen kept up the pressure on Belgium Friday to accede to a European Union plan to use Russian central bank assets frozen in Belgium to fund Ukraine.

German Chancellor Friedrich Merz and European Commission President Ursula von der Leyen kept up the pressure on Belgium Friday to accede to a European Union plan to use Russian central bank assets frozen in Belgium to fund Ukraine.
Bloomberg Politics • Dec 5, 9:49 PM