22-04-2022, 11:34 PM
CNN clearly thought pressing ahead with the launch of CNN+ would help its chances of surviving the merger.
It's a quite a big corporate governance failure that the launch went ahead, with a lot of money wasted in the process. Normally in merger and acquisitions activity, pretty much all major decisions are put on hold until the deal completes.
It's a quite a big corporate governance failure that the launch went ahead, with a lot of money wasted in the process. Normally in merger and acquisitions activity, pretty much all major decisions are put on hold until the deal completes.