Comcast exits Fox bidding in split for Sky with Disney move
Comcast drops its 66 billion bid for 21st Century Fox assets and continues pursuing Sky. The withdrawal eases pressure on Disney’s 71.3 billion offer for Fox assets, reducing Sky value inflation yet keeps Sky bids open. Fox plans a spin off of its broadcasting assets before Disney or Comcast moves.
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Fox
Walt Disney
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Rupert Murdoch
Disney
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London
Pay TV Group
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Fox Broadcasting Network
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Rockwell Collins Outsourcing Custodial Staff Upheld by Arbitrator
Arbitrator Robert Grey ruled Rockwell Collins Cedar Rapids violated its collective bargaining agreement by unilaterally outsourcing custodial work affecting about 62 employees. The IBEW Local 1362 argued the action breached the contract though Rockwell said it was to reduce costs. 60 days to negotiate a remedy.
MENTIONED IN THIS ARTICLE
Jim Slosia
Gazette
Ibew 1362
Rockwell Collins
Cedar Rapids
Rockwell
Robert Grey
International Brotherhood of Electrical Workers
Grey
Shelley Parks
Nate Willems
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