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GoPro’s stock has hurtled downhill this year, not unlike one of the thrill-seeking mountain bikers who put on its wearable cameras before taking the plunge. Shares are down 36% in 2018, cutting its market capitalization to roughly $700 million. GoPro investors now have to hope the company will get acquired to see any lift in the price.
In a sale, GoPro could conceivably fetch $1 billion, ...
A top Saudi Arabian official, Crown Prince Mohammad bin Salman, has been meeting this week with Hollywood executives such as Fox chief Rupert Murdoch and Disney chairman Bob Iger to discuss ways to work together, including possible investments in slates of films. The talks could lead to a win-win deal: For Hollywood, the wealthy kingdom is both a source of cash and a market potentially worth ...
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