4.5000 -0.01 (-0.22%)
Pre-Market: 6:04AM EST
|Bid||0.0000 x 28000|
|Ask||6.8000 x 1100|
|Day's Range||4.5000 - 4.5300|
|52 Week Range||2.6700 - 5.0300|
|Beta (3Y Monthly)||1.21|
|PE Ratio (TTM)||14.46|
|Earnings Date||Feb 4, 2020 - Feb 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.90|
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Central European Media Enterprises Ltd. (CETV) in connection with the proposed acquisition of the Company by an affiliate of PPF Group N.V. Under the terms of the acquisition agreement, CETV shareholders will receive $4.58 in cash for each CETV share that they own. WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Carbonite, Inc. (CARB) in connection with the proposed acquisition of the Company by OpenText Corporation (OTEX).
WILMINGTON, Del., Nov. 13, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Central European Media Enterprises Ltd. (NASDAQ GS: CETV) regarding possible.
NEW YORK, NY / ACCESSWIRE / November 12, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (firstname.lastname@example.org) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-cetv/ to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
NEW YORK , Nov. 4, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
NEW YORK, Nov. 04, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
Telecoms group O2 Czech Republic said on Friday it was not treating Central European Media Enterprises' (CME) Czech television channel TV Nova with any preferred status after its majority owner announced the acquisition of the broadcasting group this week. O2's Chief Executive Jindrich Fremuth said on a conference call after third-quarter earnings the company had not started any negotiations with TV Nova, which is a content provider for O2.
WILMINGTON, DE / ACCESSWIRE / October 31, 2019 / Rigrodsky & Long, P.A.: Do you own shares of Central European Media Enterprises Ltd. (NASDAQ GS: CETV )? Did you purchase any of your shares prior to October ...
NEW YORK, Oct. 30, 2019 /PRNewswire/ -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder law firm, has launched an investigation into whether the board members of Central European Media Enterprises Ltd. (CETV) ("CME") breached their fiduciary duties or violated the federal securities laws in connection with the company's proposed sale to an affiliate of PPF Group N.V. On October 27, 2019, CME announced that it had signed an agreement to be acquired by PPF for $4.58 per share in cash, or a total of approximately $2.1 billion. Bragar Eagel & Squire is concerned that CME's board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price.
NEW YORK, Oct. 30, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Central European Media.
Central European currencies held steady versus the euro on Wednesday ahead of an expected U.S. Federal Reserve rate cut, while in Bucharest oil and gas group OMV Petrom shares hit a one-week low after posting lower net profit. Shares of Romanian oil and gas group OMV Petrom, majority-controlled by Austria's OMV AG, fell 2.3% to 0.4270 lei ($0.0999) in early trade. The company said on Wednesday its third-quarter net profit attributable to shareholders fell 43% to 785 million lei ($183.47 million).
NEW YORK , Oct. 29, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Central European Media Enterprises Ltd. ("CETV" ...
Central European currencies gave up some of their recent gains on Tuesday after a strong run in recent weeks, while in Prague Central European Media Enterprises (CME) shares plunged on disappointment at the price of a acquisition bid. On currency markets, the Czech crown shed 0.2% to be bid at 25.56 to the euro and the Hungarian forint fell 0.1% to 328.55. The Polish zloty was steady at 4.272.
The Insider Monkey team has completed processing the quarterly 13F filings for the June quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]
Investment group PPF, owned by the Czech Republic's wealthiest businessman, Petr Kellner, has agreed to buy broadcaster Central European Media Enterprises Ltd (CME) in a cash deal valued at about $2.1 billion, the companies said on Sunday. It also expands PPF's reach in the media and telecommunications landscape across central and eastern Europe. PPF will pay $4.58 per share in cash to shareholders of Nasdaq- and Prague-listed CME, which operates television stations in the Czech Republic, Bulgaria, Romania, Slovakia and Slovenia.
Investment group PPF, owned by the Czech Republic's wealthiest businessman, Petr Kellner, has agreed to buy broadcaster Central European Media Enterprises Ltd (CME) in a cash deal valued at about $2.1 billion, the companies said on Sunday. The deal, due to be completed in the middle of 2020 subject to shareholder and regulatory approval, will mark the exit of CME's largest shareholder, AT&T Inc, as it pays down debt. It also expands PPF's reach in the media and telecommunications landscape across central and eastern Europe.
Central European Media Enterprises Ltd. (“CME” or the “Company”) (NASDAQ/Prague Stock Exchange: CETV) today announced that it has entered into a definitive agreement to be acquired by an affiliate of PPF Group N.V. (“PPF Group”) in a cash transaction valued at approximately US$ 2.1 billion. This valuation represents a premium of approximately 32% to CME’s share price prior to the announcement on March 25, 2019 that the Company was commencing a process to explore and evaluate potential strategic alternatives. In a joint statement, Michael Del Nin and Christoph Mainusch, Co-Chief Executive Officers, said, “Over the course of the last six years, while transforming the business and delivering a continuous stretch of astonishing profitability growth, our primary focus has been on creating value for our owners.
Investment group PPF, owned by the Czech Republic's richest man Petr Kellner, is close to concluding talks on buying a majority stake in Central European Media Enterprises (CME) from U.S. firm AT&T , Czech and Bulgarian media reported on Thursday. AT&T holds 64% of CME's common stock but effectively controls 75% of the company through preferred shares. CME, which operates TV stations in the Czech Republic, Bulgaria, Romania, Slovakia and Slovenia, has a market capitalization of $1.13 billion, according to Refinitiv data.
Broadcaster Central European Media Enterprises (CME) raised its operating profit guidance on Thursday for the third time this year, after third-quarter earnings just beat analysts' expectations. The market is waiting for news about the possible sale of CME by majority owner AT&T. PPF, the investment group of the Czech Republic's richest man Petr Kellner, is reported to be the last remaining bidder. CME's adjusted operating profit (OIBDA) came in at $41.4 million in the third quarter, topping analysts' average forecast of $39.2 million.
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Central European Media Enterprises Ltd. today announced that it will release its third quarter 2019 financial results before U.S. market hours on Thursday, October 17, 2019.
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