S&P Global Market Intelligence presents In Play Today, a periodic summary of potential deal activity in the sector, including rumored transactions. This summary is based on information obtained by S&P Global Market Intelligence and may not be inclusive of all potential deal activity. Send comments and news leads to Haseeb.Ali@spglobal.com.
* SoftBank Group Corp. CEO Masayoshi Son considered buying a stake in Uber Technologies Inc., the New York Post reported July 23, citing sources with knowledge of the details. SoftBank could use the $93 billion venture capital fund called Vision Fund to buy the stake, according to the report.
* Univision Communications Inc.'s owners have held preliminary talks with Liberty Media Corp.'s John Malone and CEO Greg Maffei, among others, as the Spanish-language network owner weighs a stake sale in lieu of its planned initial public offering, The Wall Street Journal reported July 19, citing sources with knowledge of the details. Grupo Televisa SAB, which already owns a 10% stake in Univision, could also increase its stake in the company if restrictions on foreign ownership rules are relaxed by regulators. Univision reportedly hired the services of boutique investment bank LionTree, among other advisers, to evaluate bids.
* MSG Networks Inc. Chairman James Dolan has been unable to off-load the regional sports network, the New York Post reported July 18, citing sources familiar with the details. A source close to the situation said "nothing is happening" even though Dolan remains interested in selling the company.
* 21st Century Fox Inc. is in talks with Tata Group about increasing its stake in Tata Sky, a direct-to-home television division of Tata, Mint reported, citing two sources with knowledge of the matter. Fox reportedly owns a 29.8% stake in Tata Sky through its investment division Network Digital Distribution Services FZ LLC, and is interested in increasing its stake.
* Amazon.com Inc. is among several technology companies interested in buying Slack Technologies Inc. in a deal that could value the San Francisco-based messaging startup at $9 billion, Bloomberg News reported June 15. A deal has not yet been reached and discussions could still fall through, Bloomberg said.
* AT&T Inc. is negotiating a deal to buy The Chernin Group's stake in Otter Media, the New York Post reported July 18, citing two sources familiar with the details. Sources said the talks come as AT&T is looking to "clean up a host of joint ventures" ahead of the closing of its proposed acquisition of Time Warner Inc.
* Liberty Media and Warren Buffett's Berkshire Hathaway Inc. are looking to invest between $10 billion and $20 billion in Sprint Corp., Reuters reported July 14. Masayoshi Son, CEO of Sprint parent SoftBank, reportedly met Buffett and Chairman of Liberty Media John Malone at an annual top executive meeting in Idaho.
* Charter Communications Inc. rejected a more than $100 billion takeover offer from Verizon Communications Inc., the New York Post reported May 31, citing sources familiar with the details. The offer valued Charter's shares at $350 a share to $400 a share. Charter, however, found the offer too low and was not ready for a sale, according to the sources.