The mountains are as gorgeous as ever, the deal climate not so much as boutique investment bank Allen & Co. prepares to host its annual Sun Valley retreat.
After guests arrive on Tuesday, official activities get under way Wednesday.The annual ritual of media-mogul whitewater rafting and shop talk is a 40-year, post-July 4 tradition.
It was suspended in 2020 during the worst of Covid but returned last year in a pared-down, masked-and-vaxxed version soon after two major deals were announced — the Warner Media/Discovery merger and Amazon’s planned takeover of MGM.
Discovery’s then CEO David Zaslav’s first comment to the Sun Valley press cadre a year ago: “We’re not done yet.”Now he’s chief executive of the new Warner Bros.
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