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Apr 17, 2024
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i like mario gabelli. i haven't looked into this particular deal, paramount, charlie is talking about so much but i do know mario fights for the shareholder, the real shareholders. it is not like what happened -- look what happened at disney just a week or two ago. i mean blackrock, vanguard voted with disney. hey, you know, iger appointed, he had his hand-picked successor fail miserably. now he gets paid millions upon millions of dollars to come back. all he managed to do coming back is get his butt kicked by ron desantis. maybe he should go back to making movies families take their children to see, i don't know. we're looking at companies with solid boards with lots of experience. liz: that includes waste management,ppg and teradyne. ed, come back again. we had a lot of breaking news. [closing bell rings] ed cofrances co, international assets advise sy ceo. tomorrow "shark tank"'
i like mario gabelli. i haven't looked into this particular deal, paramount, charlie is talking about so much but i do know mario fights for the shareholder, the real shareholders. it is not like what happened -- look what happened at disney just a week or two ago. i mean blackrock, vanguard voted with disney. hey, you know, iger appointed, he had his hand-picked successor fail miserably. now he gets paid millions upon millions of dollars to come back. all he managed to do coming back is get...
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do you think mario today belly and buffett. -- gabelli. buffett sold part of his stake maybe all i don't know. for the sake of argument is still in it, and mario gabelli are still in it. will they walk away empty-handed to watch shari redstone make $3 billion? mr. ellison essentially taking skydance, merging it into paramount, would be like a five billion dollar valuation from zero? that's not going to happen. so what is likely to happen here, if this thing happens, and again it's an if, something will have to be done for the common shareholders because they will sue. mario gabelli, i'm not saying he is, i don't know, but he will probably sue. the best thing to say is this it where it was last week with a little tiny nuance maybe paramount is not interested now or maybe can't be interested now. there could always be a white knight here but it is a very complicated deal, liz. i don't know where to begin. how do you compensate the common shareholders on this? >> considering the high of the year for pay a mount was 24 bucks -- paramount. than
do you think mario today belly and buffett. -- gabelli. buffett sold part of his stake maybe all i don't know. for the sake of argument is still in it, and mario gabelli are still in it. will they walk away empty-handed to watch shari redstone make $3 billion? mr. ellison essentially taking skydance, merging it into paramount, would be like a five billion dollar valuation from zero? that's not going to happen. so what is likely to happen here, if this thing happens, and again it's an if,...
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Apr 16, 2024
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liz: by the way we'll have mario ga gabelli on. he is big share holder. >> no lickky. liz: i'm sorry, tomorrow, tomorrow. >> don't end the week too early. mario gabelli of mara mount funds. big shareholder. we'll get him straight right here on paramount. closing bell is ending in three minutes. the dow is on a six-day losing streak but maybe ended up 95 points. bouncing back between gains and losses, trying to break a two session losing streak for the two. what is happening to the s&p? halfway through the month of april. the s&p has endured some scraped knees, down 3.6%, so far, regardless of the tough start to this meant, our "countdown closer" is raising his price target on the index to what? let's bring in him. jay hatfield. what is your call on the s&p and what do you think will push it higher? >> the key, we have 5750 target, liz. liz: that's high. >> very high relative to the street. the key is not the fed. it's really the ecb. and president lagarde has made it extremely clear, barring disaster like and energy price spike they will cut in june and most u.s. inves
liz: by the way we'll have mario ga gabelli on. he is big share holder. >> no lickky. liz: i'm sorry, tomorrow, tomorrow. >> don't end the week too early. mario gabelli of mara mount funds. big shareholder. we'll get him straight right here on paramount. closing bell is ending in three minutes. the dow is on a six-day losing streak but maybe ended up 95 points. bouncing back between gains and losses, trying to break a two session losing streak for the two. what is happening to the...
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Apr 29, 2024
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mario gabelli will not go away quietly. i common shareholder. he likes bob bakish. he doesn't like the deal, not enough for common shareholders himself. who knows what he is going to do. man, this is a mess. by the way, when ask the last time we've not spoken about viacom, vp, paramount, national amusements at least 2019. it is really an unbelievable story. if you notice the stock is up but you know, this is not the type of rally you see when common shareholders are, you know, jubilant about a deal. so that's one thing. the other thing i think this will slow shade on liz, this is a big story, it comes up every now and then, this dual class stock situation in a lot of media companies where you have controlling people holding the stock but they don't own most of it. they own the controlling shares, not the common shares. when you try to do a deal that benefits the controlling shareholders, you know, there is this sort of clash with the common shareholders. i think we're going to see more of that. there will be a case study on this as well, on how welcome mon sharehold
mario gabelli will not go away quietly. i common shareholder. he likes bob bakish. he doesn't like the deal, not enough for common shareholders himself. who knows what he is going to do. man, this is a mess. by the way, when ask the last time we've not spoken about viacom, vp, paramount, national amusements at least 2019. it is really an unbelievable story. if you notice the stock is up but you know, this is not the type of rally you see when common shareholders are, you know, jubilant about a...
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Apr 16, 2024
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tomorrow billionaire investor, chairman and ceo mario gabelli ♪ larry: hello, folks, welcome to "kudlow," i'm larry kudlow. there he goes again, president joe biden with more same old class warfare untruths on the campaign trail. you know what? a falling tide will sink all boats. that is his motto. our very own sandra smith, art laffer and kevin brady will fact check biden's latest tax hike. must the mayorkas articles of impeachment finally get over to the senate floor but will chuck schumer do his job and hold a trial? senator rand paul will give us the latest on all of that. plus, over on the house side, looks like the whole israel ukraine foreign aid story in big trouble unraveling as we speak. we have congressman kevin hern will try to tell us what is going on. steve hilton, mollie hemingway, why voters are nostalgic for the good ol' trump years. can donald trump get a fair trial in far left new york. paying hush-money is a crime? we'll ask trump attorney, will sharf. edward lawrence as details on joe biden's latest economic pitch in pennsylvania and maybe mayorkas impeachment. what
tomorrow billionaire investor, chairman and ceo mario gabelli ♪ larry: hello, folks, welcome to "kudlow," i'm larry kudlow. there he goes again, president joe biden with more same old class warfare untruths on the campaign trail. you know what? a falling tide will sink all boats. that is his motto. our very own sandra smith, art laffer and kevin brady will fact check biden's latest tax hike. must the mayorkas articles of impeachment finally get over to the senate floor but will...