https://www.npr.org/2025/07/02/nx-s1-5290171/trump-lawsuit-paramount-cbs-60-minutes-kamala-harris
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More winning.^
Meanwhile First Lady in the news…
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Now the FCC will likely get the sale approved. Pay to play.
Of course. There is no way a sale would go through with a $10 billion active lawsuit.
Regardless, they would have settled anyway. Just as FOX did. These mega bias outlets do not want anyone peeking behind the curtain exposing what many (but not enough) of us already know. That they are not committed to truth or actual news.
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I wish they could have fought this frivolous lawsuit, but as a shareholder, I’m glad they settled so the sale has a better chance of happening.
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You are correct to support it. Your shares would have been obliterated if the truth about these mega propaganda outlets were to be revealed.
At least I would hope, but it is amazing how the American people lean in to being propagandized, especially when it is anti-Trump. I think Americans like it. They sure loved being lied to about COVID, the fake dossier and Hunter Biden’s laptop. It’s like a buffet. Gobble gobble.
And when people like Elon and Zuckerberg show what’s going behind the curtain, people suddenly hate them.
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Love of money? Doesn’t make it right, invest elsewhere. But if they still haven’t figured out the truth about lamestream fake news propaganda is it ok? “Just following orders” was found not to be a valid excuse.
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It’s not over until the SALE closes, and the Purchaser is content with the purchase. They are sure to have a team of Attorneys scrutinizing every detail, especially since the Trump Lawsuit is well known. There’s a lot of ways 'till Tuesday for shit to still hit the fan!!
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Us shareholders were given the option to tender our shares for $15/ea at the close of the sale, or take a 1 for 1 position in the newly formed conglomerate. I tendered mine. I’ll take the $15. My investment time horizon (in individual stocks) is not long enough to wait out a shareholder dilution by the new owners.
If the sale does not go through, I will likely sell my shares on the open market, maybe at a loss since the share price will crater and I won’t be privy to the info prior to the big firms tanking it. But that’s fine. I’ve pocketed dividends over the years, and the loss on the sale will offset other gains.
Kind of the way it works when dealing with individual stocks.
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For those interested in this type of thing, like I am, you might be wondering; “why would there be shareholder dilution after the merger?”
The answer is pretty simple. Anytime a corporation makes a big move, whether it is a merger, new product announcement, big tech breakthrough, etc., they will use the attention to raise new money. That usually involves selling newly created stock shares. So, a company that once had 100 shareholders and is worth X amount of dollars, now has 200 shareholders but is still only worth X amount of dollars (on paper anyways).
Of course, there is always the chance that the new “announcement” will lead to growth, both for the company and the share price. So, it is not always a bad thing. Typically, the new shares are sold under the guise of needing the money for “investment.” But be careful, many times the new money is just needed to pad c-suite salaries.