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Persons: Dow Jones, epstein Organizations: jpmorgan
Manchester United is widely seen as one of the most prized assets in all of sport. Shares of Manchester United jumped nearly 15% on the news, before paring some gains. Manchester United would not be allowed to negotiate with any bidder other than Sheikh Jassim for the exclusivity period. The sources cautioned that the situation remained fluid and a new bid from Ratcliffe could prevent Sheikh Jassim from securing exclusivity. Representatives for Manchester United and Sheikh Jassim did not immediately respond to requests for comment.
Persons: Qatar's Sheikh Jassim bin Hamad, Glazer, Jim Ratcliffe, INEOS, Sheikh Jassim, Anirban Sen, Amy, Jo Crowley, Greg Roumeliotis Organizations: Manchester United, Qatari, Manchester United . Manchester United, National Football League's Washington, Representatives, Deloitte, Thomson Locations: Thani, Ratcliffe, New York, London
LONDON, ENGLAND - JUNE 03: A Manchester United flag is waved from the stands during the Emirates FA Cup Final between Manchester City and Manchester United at Wembley Stadium on June 03, 2023 in London, England. Ratcliffe's offer envisions that the Glazers would keep some interest in Manchester United. Manchester United would not be allowed to negotiate with any bidder other than Sheikh Jassim for the exclusivity period. The sources cautioned that the situation remained fluid and a new bid from Ratcliffe could prevent Sheikh Jassim from securing exclusivity. Representatives for Manchester United and Sheikh Jassim did not immediately respond to requests for comment.
Persons: Michael Regan, Qatar's Sheikh Jassim bin Hamad, Glazer, Jim Ratcliffe, INEOS, Sheikh Jassim Organizations: Manchester, Emirates, Manchester City, Manchester United, Wembley, Getty, Qatari, Manchester United . Manchester United, Representatives Locations: ENGLAND, London, England, Thani, Ratcliffe
June 13 (Reuters) - Shares of Manchester United (MANU.N) jumped 13% to hit a two-month high on Tuesday after a report hinted that Qatar's Sheikh Jassim bin Hamad al-Thani was likely to succeed with his takeover bid for the English football club. Qatar's Al-Watan newspaper reported on Tuesday that Sheikh Jassim, son of a former prime minister of the country, was poised to be announced as the preferred bidder of the Premier League soccer club, CNBC said. Manchester United declined a Reuters request for comment. New York-listed shares of Manchester United were trading at $23.07, after rising as much as 30% before the opening bell. The Glazer family is reportedly seeking 6 billion pounds ($7.5 billion), which would be a world record for any sports club or franchise, but neither bid is that high.
Persons: Sheikh Jassim bin Hamad, Thani, Qatar's, Sheikh Jassim, Molly Darlington, Jim Ratcliffe's INEOS, Sheikh Jassim's, Glazer, Medha Singh, Aditya Soni, Shinjini Organizations: Manchester United, English, Watan, Premier League soccer, CNBC, Reuters, Soccer Football, Manchester City, FA, REUTERS, Mail, Thomson Locations: Qatar's Al, Old Trafford, Manchester, Britain, New York, Bengaluru
June 13 (Reuters) - Manchester United's shares (MANU.N) were up 15% in premarket trading on Tuesday after a report hinted that Qatar's Sheikh Jassim bin Hamad al-Thani was likely to succeed with his takeover bid for the English football club. Qatar's Al-Watan newspaper reported on Tuesday evening that Sheikh Jassim, son of a former prime minister of the country, was poised to be announced as the preferred bidder of the Premier League soccer club, CNBC said. Manchester United declined a Reuters request for comment. New York-listed shares of Manchester United were up at $23.07, paring almost half their premarket gains on Tuesday. The Glazer family is reportedly seeking 6 billion pounds ($7.5 billion), which would be a world record for any sports club or franchise, but neither bid is that high.
Persons: Sheikh Jassim bin Hamad, Thani, Qatar's, Sheikh Jassim, Jim Ratcliffe's INEOS, paring, Glazer, Sheikh Jassim's, Medha Singh, Aditya Soni, Shinjini Organizations: Manchester United's, English, Watan, Premier League soccer, CNBC, Reuters, Manchester United, Daily Mail, Thomson Locations: Qatar's Al, . New York, Bengaluru
A statue of George Best, Denis Law and Bobby Charlton standing outside Old Trafford, home of Manchester United in Manchester, England. Shares of Manchester United rose as much as 16% in premarket trading on Tuesday after Qatari media suggested Sheikh Jassim bin Hamad al-Thani was likely to succeed with his takeover bid. Al-Watan is co-owned by Hamad bin Jassim bin Jaber al-Thani. Shares of Manchester United, which exclusively trade on the New York Stock Exchange, were around 4% higher at 3:15 a.m. "All the news received indicates the success of Sheikh Jassim bin Hamad bin Jassim's acquisition of Manchester United, and the announcement of the deal will be very soon," he said.
Persons: George Best, Denis Law, Bobby Charlton, Sheikh Jassim bin Hamad, Thani, Qatar's, Sheikh Jassim, Hamad bin Jassim bin Jaber, Jim Ratcliffe, Fahad, Glazer, Ratcliffe Organizations: Manchester United, Watan, Premier League soccer, New York Stock Exchange, Twitter, Al, Al Watan Locations: Old Trafford, Manchester, England, Qatar's Al, Thani
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/verizon-is-searching-for-finance-chief-and-potential-heir-apparent-37cc77ec
Persons: Dow Jones Organizations: verizon
Latest 'deadline' looms in Man Utd takeover saga
  + stars: | 2023-06-09 | by ( Mitch Phillips | ) www.reuters.com   time to read: +4 min
LONDON, June 9 (Reuters) - Manchester United fans can be forgiven if they refrain from eagerly checking the news on Friday as the latest "deadline" looms in the meandering seven-month saga of the club's sale that is beginning to resemble the final series of TV's Succession. That comes two months after a "third and final offer" was said to have been tabled. Media reports in the UK suggested that the Glazers are seeking six billion pounds ($7.5 billion), which would be a world record for any sports club or franchise, but that neither bid is that high. Further bids followed, up to the Qatari's earlier this week, which is said to include clearing nearly a billion pounds of club debt and a commitment to a major redevelopment of Old Trafford. Reporting by Mitch Phillips, editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.
Persons: Jassim bin Hamad, Briton Jim Ratcliffe, Sheikh Jassim, Glazer, Todd, Ratcliffe, Joel, Avram Glazer, Glazers, Erik ten Hag, United's, Mitch Phillips, Toby Davis Organizations: Manchester United, Daily Mail, Reuters, Guardian, United, Media, Premier League club Chelsea, Washington Commanders NFL, Raine Group, Ineos Grenadiers, Britain's Times, Group, Champions League, Manchester, Inter Milan, Premier League, FA Cup, Thomson Locations: Thani, Briton, Qatar, Old Trafford, Old Trafford . Manchester, France, Switzerland
The two main alcohol distributors in the state, Southern Glazer’s Wine & Spirits and Empire Merchants, have collectively spent at least $120,000 since the year began on lobbying state officials, disclosure records show. The families that own Southern Glazer’s, which is the largest liquor distributor in the United States and based in Florida, also contributed at least $25,000 to Ms. Hochul’s campaign last year. The commission failed to reach consensus on some of the most contentious issues, such as allowing grocery stores to sell wine. It is now up to lawmakers to decide whether to turn the proposed changes into legislation. law, introduced a bill that incorporated the commission’s recommendations.
Persons: Hochul’s, , Harry Bronson, , James Skoufis Organizations: Empire Merchants, Rochester Democrat, Anheuser, Busch, State Senate, Hudson Valley Democrat Locations: Southern, United States, Florida, logjam, Albany, State, Hudson Valley
CNN —French film director Justine Triet condemned what she called French President Emmanuel Macron’s “shocking” repression of the pension reform protests during her Palme d’Or acceptance speech at the Cannes Film Festival on Saturday. “The commodification of culture that the neoliberal government defends is in the process of breaking the French cultural exception,” Triet continued. Triet is just the third woman to win the Palme d’Or, one of cinema’s tpp prizes, after New Zealand’s Jane Campion and France’s Julia Ducournau. “Happy to see the Palme d’Or awarded to Justine Triet, the 10th for France! France’s social unrest has cast a shadow over this year’s instalment of the film festival.
[1/3] The 76th Cannes Film Festival - Press conference for the film "Asteroid City" in competition - Cannes, France, May 24, 2023. Director Wes Anderson speaks. REUTERS/Yara NardiCANNES, May 27 (Reuters) - Veteran directors Wes Anderson, Ken Loach and Wim Wenders are among those in the running for the Cannes Film Festival's coveted Palme d'Or at Saturday's closing ceremony, with 21 films in competition for the top prize. This year has a record seven female directors in the running for the top prize, which only two women have previously won - Jane Campion in 1993 and Ducournau in 2021. More than 14,000 participants from over 120 countries crowded the film market this year, surpassing 2019's previous peak of 12,500.
‘Anatomy of a Fall’ Wins the Palme d’Or
  + stars: | 2023-05-27 | by ( Manohla Dargis | ) www.nytimes.com   time to read: +1 min
The 76th Cannes Film Festival ended Saturday with the Palme d’Or awarded to “Anatomy of a Fall.” Directed by Justine Triet, this intellectual thriller centers on a woman who is brought to trial after the mysterious death of her husband. Written by Triet and Arthur Harari, the film was an early favorite with critics. Triet is the third woman to have won the Palme; Julia Ducournau won in 2021 for “Titane,” and Jane Campion took the prize in 1993 for “The Piano.”The Palme was presented to Triet by Jane Fonda, who noted the “historic” number of women — seven — who had films competing for the top honor. The strong main competition, with a jury led by the director Ruben Ostlund, effectively announced that the festival had returned to full strength after several unsteady pandemic years. An icy exploration of the banality of evil — the family eats, relaxes and sleeps to the constant sounds of screams, shouts and gunfire — the movie sharply divided the critics here.
‘Anatomy of a Fall’ wins Palme d’Or at Cannes Film Festival
  + stars: | 2023-05-27 | by ( ) www.cnbc.com   time to read: +4 min
The 76th Cannes Film Festival - The Palme d'Or Award - Cannes, France, May 16, 2023. A Chopard representative displays the Palme d'Or, the highest prize awarded to competing films, during an interview on the day of the opening ceremony of the festival. Justine Triet's "Anatomy of a Fall" won the Palme d'Or at the 76th Cannes Film Festival in a ceremony Saturday that handed the festival's prestigious top prize to a twisty French Alps courtroom drama. "Anatomy of a Fall," which stars Sandra Hüller as a writer trying to prove her innocence in her husband's death, is only the third film directed by a woman to win the Palme d'Or. Quentin Tarantino, who won Cannes' top award for "Pulp Fiction," attended the ceremony to present a tribute to filmmaker Roger Corman.
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CANNES, May 20 (Reuters) - German actor Christian Friedel said on Saturday that watching himself as the commandant of the Auschwitz death camp in Jonathan Glazer's film "The Zone of Interest" frightened him. "The challenge in this project (was) for us to find authenticity in the situations," he told journalists after the film's premiere at the Cannes Film Festival on Friday evening. Glazer said he wanted to show the capacity for violence in all people with the film, which was shot entirely at Auschwitz. "Zone of Interest" is Glazer's first film to compete at Cannes. Britain's BBC broadcaster and the Telegraph newspaper both gave the film perfect scores, with Telegraph calling the film "horrifying in its banality."
[1/5] The 76th Cannes Film Festival - Screening of the film "The Zone of Interest" in competition - Red Carpet Arrivals - Cannes, France, May 19, 2023. Director Jonathan Glazer, cast members Sandra... Read moreCANNES, May 19 (Reuters) - British director Jonathan Glazer will compete for the Cannes Film Festival's top prize for the first time this year with his Auschwitz drama "The Zone of Interest," whose premiere on Friday evening drew celebrities including Cate Blanchett and Carla Bruni. Sandra Hueller, star of Germany's 2017 Oscar nominee for best foreign-language feature "Toni Erdmann," plays Hoess' wife, Hedwig. "The Zone of Interest," which will be distributed by A24, is Glazer's first feature since 2013's "Under the Skin" starring Scarlett Johansson and was shot entirely in Auschwitz. Reporting by Miranda Murray; Editing by Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.
That’s the Funny Thing About Grief
  + stars: | 2023-05-17 | by ( Jason Zinoman | ) www.nytimes.com   time to read: +2 min
Either way, there’s no question that in certain quarters of comedy, jokes are not enough. For instance, at shows around New York, the quirky, swaggering Gastor Almonte has been performing a hilarious 10 to 15 minutes about his hatred of oatmeal. In a previous era that might have added up to a debut special that resembled the work of Jim Gaffigan. “What is trauma but unmonetized content?” he asks, echoing a line from “WandaVision,” a series that itself is a grief narrative. “We don’t talk about grief: We keep our grief to ourselves,” Kayne says in “Sorry for Your Loss.” Glazer hit this same theme.
When is Cannes Film Festival 2023 and what can we expect?
  + stars: | 2023-05-10 | by ( ) www.reuters.com   time to read: +3 min
[1/6] The 75th Cannes Film Festival - The Palme d'Or Award - Cannes, France, May 17, 2022. Below are some facts about the Cannes Film Festival and this year's contenders. WHAT IS THE CANNES FILM FESTIVAL AND WHY IS IT CELEBRATED? Cannes is the world's biggest film festival, first conceived in 1939 as an alternative to the then-fascist-influenced Venice Film Festival. Other awards include the Grand Prix, jury prize, best director, best actor, best actress, best screenplay and best short film.
The new generative AI platform was launched two weeks ago and works on the same technology that's behind ChatGPT. The first iteration of the AI platform will be made available to some customers this month, Palantir CEO Alexander Karp said, adding the new offering can assist militaries in targeting enemies. Palantir's first-quarter revenue rose 18% to $525.2 million and adjusted profit stood at 5 cents per share, both above estimates. Palantir continues to tighten its cloud spending and is investing in focus areas like AI, said finance chief David Glazer. The company forecast second-quarter revenue of $528 million and $532 million, below estimates of $536.2 million, per Refinitiv data.
May 8 (Reuters) - Data analytics software maker Palantir Technologies (PLTR.N) said on Monday it expects to turn a profit every quarter in 2023 weeks after launching its new artificial intelligence platform, sending its shares up about 28% in extended trading. Palantir's new generative AI platform works on the same technology that's behind ChatGPT. The interest in the new offering has been "unlike anything we have seen", CEO Alexander Karp said in a letter to shareholders, adding the AI platform can assist militaries in targeting enemies. The company forecast second-quarter revenue in the range of $528 million and $532 million, below estimates of $536.2 million, per Refinitiv data. Palantir continues to tighten its cloud spending and is investing in focus areas like AI, said Glazer.
Lyft shares have slid close to 70% over the past 12 months. Photo: Al Seib/Los Angeles Times/Getty ImagesLyft Inc. plans to cut 1,200 or more jobs in a new round of layoffs as the ride-sharing company aims to reduce costs, according to people familiar with its plans. The latest cuts could impact 30% or more of Lyft’s more than 4,000 employees, the people said, and the company had planned to announce the move after a board meeting next week. The cuts could help Lyft slash 50% of its costs, some of the people said. Lyft doesn’t count its drivers as employees.
April 17 (Reuters) - Shares of Manchester United PLC (MANU.N) fell 13% on Monday after a report said the Glazer family was confident of securing an investment that would allow them to retain ownership of the British soccer club. The family also expects the investment to help them double the value of the club over the next 10 years, ESPN reported, citing a source. Shares fell to their lowest since late NovemberA small portion of the club's shares is listed on the New York Stock Exchange. Any sale of the club would likely exceed the biggest sports deal so far - the $5.2 billion including debt and investments paid for Chelsea - sources had told Reuters previously. ($1 = 0.8083 pounds)Reporting by Akash Sriram in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
Carlyle in talks to take stake in Manchester United - Sky News
  + stars: | 2023-04-15 | by ( ) www.reuters.com   time to read: +1 min
[1/2] A general view of the lobby outside the Carlyle Group offices in Washington, May 3, 2012. REUTERS/Jonathan Ernst/File PhotoApril 15 (Reuters) - U.S. buyout firm Carlyle Group Inc (CG.O) is in talks about a "major" investment in Manchester United soccer club as the auction of the Premier League team enters its final stages, Sky News reported on Saturday. Carlyle and Manchester United did not immediately respond to a Reuters request for comment. Sports industry news site Sportico reported earlier this month that Manchester United would accept a third round of bids from prospective buyers at the end of April. The Glazers bought Manchester United in 2005 for 790 million pounds in a highly leveraged deal that has been criticised for loading debt on to the club.
April 13 (Reuters) - Finnish businessman Thomas Zilliacus has dropped out of the bidding for Manchester United, saying delays in the sale process will make it difficult for a new owner to build a winning team. United's American owners, the Glazer family, launched a formal sale process late last year, with several bids received in February and March. read more"I have declined participation in a third bidding round for United," Zilliacus said on social media. "The delays will make it very difficult for any new owner to build a winning team for next season." Sports industry news site Sportico reported this week that Manchester United would accept a third round of bids from prospective buyers at the end of the month.
April 11 (Reuters) - Manchester United will accept a third round of bids from prospective buyers at the end of the month as the Premier League club's owners explore a sale, sports industry news site Sportico reported on Tuesday. Manchester United and Raine Group, the investment bank running the bidding process, did not immediately respond to a Reuters request for comment. United's American owners, the Glazer family, launched a formal sale process late last year, with several bids received in February and March. Any sale would likely exceed the biggest sports deal so far, the $5.2 billion including debt and investments paid for Chelsea. Reporting by Aadi Nair in Bengaluru; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.
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