Deals Report: Starboard's Investments, Gannett Rejects MNG's Bid

The video discusses Starboard's influence on Papa John's, highlighting Jeff Smith's new role and the company's financial struggles. It then shifts to Bristol-Myers Squibb's acquisition of Celgene, exploring market reactions and potential buyers. The discussion moves to M&G's acquisition offer for Gannett, focusing on financing and leadership concerns. Finally, it speculates on the unlikely scenario of Apple acquiring Netflix, considering financial feasibility and media interest.

What role did Starboard play in the turnaround of Papa John's?

• They closed underperforming stores.

• They installed a new chairman and invested $200 million.

• They reduced the company's debt.

• They launched a new marketing campaign.

What was the market's initial reaction to Bristol-Myers Squibb's acquisition of Celgene?

• The market was very positive.

• The market was indifferent.

• The market was confused.

• The market did not react well.

Which companies were speculated as potential buyers for Bristol-Myers Squibb?

• Pfizer, Novartis, AbbVie, Amgen

• Google, Amazon, Facebook, Microsoft

• Coca-Cola, Pepsi, Nestle, Unilever

• Tesla, Ford, GM, Toyota

What was Gannett's response to M&G's offer?

• They rejected the offer, citing undervaluation.

• They ignored the offer.

• They countered with a higher offer.

• They accepted the offer.

Why is it unlikely that Apple will acquire Netflix?

• Apple lacks the financial resources.

• Apple is focusing on hardware development.

• Apple prefers smaller acquisitions.

• Netflix is not interested in being acquired.