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Slide #26. News Corp — Storyful
Acquirer:
News Corp (NASDAQ:NWSA)
Acquiree:
Storyful
Details:
Accelerating News Corp's digital transformation and video strategy, the company has acquired Storyful, the world's first social news agency.
News is a media and information services company focused on creating and distributing content and other products and services to consumers and businesses. Co. comprises businesses across a range of media, including digital real estate services, subscription video services in Australia, news and information services and book publishing, that are distributed under various brands, including The Wall Street Journal, Barron's, Dow Jones, The Australian, Herald Sun, The Sun, The Times, HarperCollins Publishers, Foxtel, FOX SPORTS Australia, realestate.com.au, Realtor.com®, talkSPORT, and OPIS, among others. Co. distributes its content and products and services to consumers.
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Strong Buy (4.00 out of 4) 84th percentile
(ranked higher than approx. 84% of all stocks covered)
Analysts' Target Price: NWSA Stock Forecast Based on Zacks ABR data; powered by Xignite |