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By year-end 2013, Zyzin had lost most of his fortune after a steep decline in Mechel's stock price. Forbes named this loss the "fiasco of the year," estimating Zyuzin's fortune as of December 3, 2013, at no more than US$300 million, or a mere 2 percent of the peak value. By late November 2013, banks held lien for 88% of Zyuzin's entire Mechel ...
After receiving $436 million in cash from Mechel and 83.3 million preferred shares of Mechel stock in 2009, Jim Justice purchased Bluestone Coal from Mechel OAO for only $5 million in cash in February 2015 with Mechel receiving future royalty payments of $3 per ton from Bluestone Coal mines and 12.5% from the sale of Bluestone Coal company if ...
May 23, 2024 at 10:25 AM. Why Ticketmaster Owner Live Nation's Shares Are Tumbling Today. Live Nation Entertainment Inc (NYSE: LYV) shares are trading lower on Thursday as the company faces a ...
The DOJ accuses Live Nation, which merged with Ticketmaster in 2010, of abusing its dominant market position to stifle competition and inflate ticket prices. The allegations are two-pronged.
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Live Nation Entertainment was downgraded to credit watch negative by S&P Global after the Justice Department filed an antitrust lawsuit against the ticketing giant.
What: Shares of Mechel OAO fell as much as 17% today as investors sold off Russian stocks because of a potential conflict with Ukraine. So what: The Russian ruble hit an all-time low today as ...
April 16, 2024 at 1:16 PM. Live Nation ( LYV) stock dropped more than 7% on Tuesday after the Wall Street Journal reported the Department of Justice (DOJ) is preparing to file an antitrust lawsuit ...