Luxury retailer Saks leans on real-estate rights to keep doors open during bankruptcy

(Corrects main location of real estate advisory firm Newmark to New York instead of Ohio, paragraph 4) By Juveria Tabassum Jan 14 (Reuters) – Saks Global’s prime real estate portfolio could serve as a crucial bargaining chip with lenders as the hard-hit luxury shopping empire navigates its restructuring after filing for bankruptcy. The upmarket U.S….

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Netflix’s $72 billion Warner Bros deal faces skepticism over YouTube rivalry claim

By ⁠Jody Godoy NEW YORK, Dec 12 (Reuters) – Netflix says it must acquire Warner Bros Discovery to compete with YouTube, but antitrust ⁠experts doubt regulators will buy that argument. The streaming giant’s $72 billion takeover of Warner Bros Discovery’s studios and HBO Max will face scrutiny from U.S. and global regulators, given its scale…

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