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0 0 0 0.00221729490022188 0.00665188470066524 0.00886917960088693 0.0106208425720621 0.0177383592017739
Stock impact report

Drahi Is Making Good on Pledge to Sell Assets. But to What End? [Yahoo! Finance]

Outbrain Inc. (OB) 
Last outbrain inc. earnings: 8/4 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg How a Tiny Midwestern Town Became a Mecca for Modern Architecture How Chicago's Gigantic Merchandise Mart Is Still Thriving as Office Space Los Angeles Sees Remote Work Helping ‘No Car' 2028 Olympic Games In DNC, Chicago's Embattled Transit System Faces a High-Profile Test NYC Subway Riders See ‘Exceptionally High' Air Pollution If the billionaire owner of the media giant decides to use the money from the sale of Altice UK's 24.5% stake in BT to pay down debt, it will come just in time for creditors getting ready for a bruising round of debt talks to limit writedowns. That's still unclear. Only last September Drahi said he was willing to potentially put everything in the Altice universe, the telecommunications and media giant he cobbled together over 30 years, up for sale to cut leverage. That pledge is wearing thin with investors nearly a year on. The group has unloaded an assortment of mostly non-strategic assets and made it clear it wasn't Show less Read more
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