Skip Navigation
Logo for Prosek

Media Navel Gaze: June 3, 2013

Mark Kollar  Follow

The Week Unpeeled

Summer seemed to sizzle a bit last week despite an end-of-week slump in the markets.  (Although the Dow lost more than 200 points Friday—amid some reports of a leaked Fed report showing concerns about how QE2 easing may fare—the blue chip barometer ended May 1.86 percent higher and the S&P 2.08 percent higher.)

Quite a bit elsewhere, nonetheless:

  • Moo Shu for everyone:  China bid on Smithfield – the world’s largest hog farm and pork processor -- for approximately $4.7 billion, which if approved (and lots of leverage for US negotiators, regulators here!) would be the largest Chinese takeover of a US firm;
  • Closer to home:  Stakeholders okayed a plan for an Empire State Building IPO, expected to be $1 billion or the second largest REIT IPO ever, and no doubt a chance to light the top green;
  • US home prices soared at its fastest pace in seven years;
  • David Petraeus, former CIA chief and army general, joined KKR;
  • BuzzFeed continues to make news of its own with the debut of CNN BuzzFeed, a YouTube channel;
  • NewsCorp unveiled its new logo for its not-yet-launched publishing unit, a cursive version of its name (based on founder Rupert Murdoch’s handwriting), a decidedly non-digital look for a media group; and
  • Playing Doubles?: Peter Lattman of The New York Times DealBook fame reviewed Jimmy Connors new memoir, “The Outsider,” showing perhaps Wall Street can easily translate into sport. End of Story

Popular Blog Posts

By Views  -  By Popularity

Blog Archive