Quick Take: Credible Labs Investment Hints At a Refocused Fox Corp.

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Quick Take: Credible Labs Investment Hints At a Refocused Fox Corp.
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Of all the places you would have guessed Lachlan Murdoch would put his money to work first: consumer lending? Sunday’s announcement that Fox would take a $265 million majority stake in consum…

Of all the places you would have guessed Lachlan Murdoch would put his money to work first: consumer lending? Sunday’s announcement that Fox would take a $265 million majority stake in consumer lending platform Credible Labs wasn’t exactly atop anyone’s list of his anticipated investments. But resist your eyes’ urge to glaze over at anything [...

]Blue Ant Media subsidiary Omnia Media has acquired Wisecrack, the digital video and podcasting company behind such shows as “Thug Notes,” and “The Philosophy of Everything,” as well as the “Rick and Morty” podcast “The Squanch.” Wisecrack will continue to operate as its own brand following the transaction, which has all of the company’s staff [...

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Fox Corp. to Buy $265 Million Majority Stake in Credible LabsFox Corp. to Buy $265 Million Majority Stake in Credible LabsFox Corporation has entered into an agreement to buy a majority stake in the consumer finance marketplace Credible Labs Inc., the company announced Sunday. As part of the merger agreement, Fox Corp…
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Fox Corporation Enters Agreement To Acquire Majority Stake In Credible LabsFox Corporation Enters Agreement To Acquire Majority Stake In Credible LabsFox Corporation has entered a definitive merger agreement to acquire a majority stake in Credible Labs Inc., a leading consumer finance marketplace in the country. Fox is looking to buy 67% of the …
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Fox Corp to take over lender Credible Labs for $397 millionFox Corp to take over lender Credible Labs for $397 millionU.S.-based consumer lender Credible Labs Inc said on Monday it had agreed to be ...
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Fox Corp. to Buy Majority Stake in Credible Labs for $265 Million as Part of Digital StrategyFox Corp. to Buy Majority Stake in Credible Labs for $265 Million as Part of Digital StrategyFox Corp. will buy 67 percent of the company and commit up to $75 million of growth capital over the next two years.
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