Thursday, March 20, 2008
Google Strikes and Makes Bid for Time Warner
SAN JOSE, Cal.- Media industries have had quite a stir this week as Google Inc. (GOOG) has made a hostile takeover bid for the purchasing of Time Warner Inc. (TWX) Google has offered a grand total of $50 billion dollars in cash and stocks.
The offer has been broken down into three payments. $35 billion would immediately be given to stockholders in cash, $10 billion in stock, and the remaining $5 billion would be debt. The offer has not been accepted at this time.
Google is confident in their offer and industry analysts are hopeful. Google CEO, Dr. Eric Schmidt stated, “Google strikes while the iron’s hot, and the irons hot right now in the media industry. However, Yahoo! Inc. (YHOO) and Microsoft Inc. (MSFT) are feeling a bit of discontent over the offer. Yahoo had high hopes of being bought out by Time Warner before Google made their hostile bid. Microsoft had also been contemplating the purchase of Time Warner but didn’t act in time. As they always say, the early bird gets the worm.
Friday, March 21, 2008
Thursday, March 20, 2008
Practice News Story 8: Business
For Immediate Release
Thursday, March 20, 2008
Googles Strikes While the Iron’s Hot
Hostile Bid Made
SAN JOSE Cal.- Google Inc. has made a hostile takeover bid concerning the company of Time Warner Inc. The offer is reported at $50 million. $35 billion is to be given in cash to all stockholders, $10 billion in stock, and the remaining $5 billion will be debt. Microsoft CEO buying Time Warner, but Google . made the offer first. Dr. Eric Shmidt, CEO of Google, stated, “Google strikes while the iron’s hot and the iron’s hot right now in the movie industry. This is the correct move at the correct time for Google.”
Thursday, March 20, 2008
Googles Strikes While the Iron’s Hot
Hostile Bid Made
SAN JOSE Cal.- Google Inc. has made a hostile takeover bid concerning the company of Time Warner Inc. The offer is reported at $50 million. $35 billion is to be given in cash to all stockholders, $10 billion in stock, and the remaining $5 billion will be debt. Microsoft CEO buying Time Warner, but Google . made the offer first. Dr. Eric Shmidt, CEO of Google, stated, “Google strikes while the iron’s hot and the iron’s hot right now in the movie industry. This is the correct move at the correct time for Google.”
Thursday, March 06, 2008
Practice News Story 7: Speech
Posted: Nov. 19, 1863
President Lincoln Dedicates Ground
Battlefield to Be New Cemetary
GETTYSBURG, Penn.- Thursday afternoon, President Abraham Lincoln delivered a speech dedicating the sacred battleground of the Battle of Gettysburg into the new Soldier's National Cemetary. 1,500 people were present for President Lincolns dedication. President Lincoln captivated the crowds attention in making the hopeful statement, “ That we here highly resolve that these dead shall not have died in vain -- that this nation, under God, shall have a new birth of freedom.” Lincoln emphasized the point that the 7,500 whose blood has already been spilt have dedicated this sacred ground. “We have come to dedicate a portion of that field, as a final resting place for those who here gave their lives that that nation might live.”
President Lincoln’s speech will be remembered for years to come. He has a divine talent of captivating the people and bringing them hope, daring them to dream of a better life.
President Lincoln Dedicates Ground
Battlefield to Be New Cemetary
GETTYSBURG, Penn.- Thursday afternoon, President Abraham Lincoln delivered a speech dedicating the sacred battleground of the Battle of Gettysburg into the new Soldier's National Cemetary. 1,500 people were present for President Lincolns dedication. President Lincoln captivated the crowds attention in making the hopeful statement, “ That we here highly resolve that these dead shall not have died in vain -- that this nation, under God, shall have a new birth of freedom.” Lincoln emphasized the point that the 7,500 whose blood has already been spilt have dedicated this sacred ground. “We have come to dedicate a portion of that field, as a final resting place for those who here gave their lives that that nation might live.”
President Lincoln’s speech will be remembered for years to come. He has a divine talent of captivating the people and bringing them hope, daring them to dream of a better life.
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