Group Nine Acquisition Corp (GNAC)


Stock Price Forecast

Dec. 22, 2022


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About the Company

News Corporation, stylized as News Corp, is an American mass media and publishing company headquartered in Midtown Manhattan, New York City. The company was formed on June 28, 2013, following a spin-off of the media outlets of the original News Corporation as 21st Century Fox (21CF). Operating across digital real estate information, news media, book publishing, and cable television, News Corp's notable assets include Dow Jones & Company, which is the publisher of The Wall Street Journal, News UK, publisher of The Sun and The Times, News Corp Australia, REA Group, operator of realestate.com.au, realtor.com, and book publisher HarperCollins. News Corp and 21st Century Fox are two companies that succeeded the original News Corp., which included Fox Entertainment Group and other broadcasting and media properties. The spin-out was structured so that 21CF was the legal continuation of the original News Corp., with the new News Corp being a new company formed by a stock split. Since March 19, 2019, Fox Corporation, which holds 21st Century Fox's national broadcasting, news and sports assets (following its sale to Disney the next day), is the sister company of News Corp under the Murdoch family's control.On September 21, 2023, Rupert Murdoch announced he would step down as News Corp's chairman by November.

Employees

3

Exchange

NASDAQ

$208M

Total Revenue

3

Employees

$284M

Market Capitalization

9.70

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $GNAC News

Group 1 Automotive bought at least 9 stores in 3 major deals in Q1

10d ago, source: Automotive News

After reporting a sharp drop in net income in the fourth quarter of 2023, CEO Daryl Kenningham promised to be aggressive with ...

APi Group buys Elevated Facility Services Group for $570M

3d ago, source:

APi Group is making one of its biggest M&A deals in years, picking up a Florida-based company that services elevators and ...

New Brighton's APi Group continues its expansion with $570M acquisition

on MSN ago, source:

APi Group will spend $570 million to expand into the elevator and escalator business. The New Brighton-based company is ...

Consumers sue to block Alaska’s proposed acquisition of Hawaiian

19h ago, source: Flightglobal

A group of US consumers have filed a lawsuit in a federal district court to block on anticompetitive grounds Alaska Airlines’ ...

Beat Music Fund, Part of Armin van Buuren’s Armada, Buys Amsterdam Music Publisher Cloud 9

on MSN ago, source:

The label led by CEO Maykel Piron has also formed a parent company called Armada Music Group that will now operate all its ...

Trump Stands to Make $3.9 Billion From Digital World Acquisition's Merger With Trump Media & Technology Group. Is the Stock a No-Brainer Buy?

on MSN ago, source:

The former president and current presumptive GOP presidential nominee should win big from this SPAC merger. But other investors could be smart to stay away.

Digital World Acquisition Corp. Stockholders Approve the Proposed Merger With Trump Media & Technology Group Corp.

27d ago, source: Yahoo Finance

MIAMI, FL / ACCESSWIRE / March 22, 2024 / Digital World Acquisition ... corporation and wholly owned subsidiary of the Company ("Merger Sub"), with and into Trump Media & Technology Group Corp ...

Prysmian Shares Rise Following Encore Wire Acquisition

3d ago, source:

By Nina Kienle Prysmian shares rose following the global cable manufacturers plan to acquire Encore Wire at an enterprise value of around 3.9 billion ...

R&S Group publishes annual report 2023 with strong sales and record profitability and confirms good start into 2024 with high cash conversion

1d ago, source:

R&S Group publishes annual report 2023 with strong sales and record profitability and confirms good start into 2024 with high cash conversion ...

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