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    Police say man who stabbed Hong Kong actor is schizophrenic

    By SHOOTUpdated:No Comments2341 Views
    In this file photo taken Sunday, April 3, 2016, Hong Kong actor Simon Yam poses on the red carpet of the Hong Kong Film Awards in Hong Kong. Yam was stabbed Saturday, July 20, 2019 while attending an event in southern China. (AP Photo/Vincent Yu, File)
    BEIJING (AP) --

    Police in southern China said the man who stabbed veteran Hong Kong actor Simon Yam at an event suffers from paranoid schizophrenia.

    A 53-year-old man, surnamed Chen, was detained following the attack in the Zhongshan Huoju Development Zone in Guangdong province, police said Saturday evening.

    Chen rushed the stage and stabbed the 64-year-old actor with a fruit knife during an opening celebration for a business venue where Yam was invited to speak.

    Yam underwent a minor operation at a hospital in Zhongshan city, his manager Lester Mo said.

    "He was stabbed in the tummy area and also got a cut on his right hand," Mo said. He was still being treated for injuries to the four fingers of his right hand.

    Yam, who is also known by his Chinese name Yam Tat-wah, has appeared in more than 125 movies and 40 television series. He played the villain Chen Lo in the 2003 Hollywood film "Lara Croft Tomb Raider: The Cradle of Life."

    Tags:Simon Yam



    DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit

    Friday, November 22, 2024
    Dish Network satellite dishes are shown at an apartment complex in Palo Alto, Calif., Feb. 23, 2011. (AP Photo/Paul Sakuma, File)

    DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company.

    The deal was reliant on Dish bond holders agreeing to trade in the debt they held for debt in the new company, a swap that would have cost them about $1.6 billion, collectively.

    The retreat by DirecTV this week may end a years-long effort by the company to acquire both Dish and Sling after it announced the bid in September.

    DirecTV was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that included a payment of $1, plus the assumption of approximately $9.8 billion in debt. The deal was contingent on several factors, including regulatory approvals and bondholders writing off debt related to Dish.

    "While we believed a combination of DirecTV and Dish would have benefited all stakeholders, we have terminated the transaction because the proposed exchange terms were necessary to protect DirecTV's balance sheet and our operational flexibility," DirecTV CEO Bill Morrow said in a statement.

    The prospect of a DirecTV-Dish combo has long been rumored, and reported talks resurfaced over the years. And the two almost merged more than two decades ago — but the Federal Communications Commission blocked the deal valued at the time at $18.5 billion deal, citing antitrust concerns.

    The pay-for-TV market has shifted significantly since. As more and more consumers tune into online streaming platforms, demand for more traditional satellite entertainment continues to shrink.

    DirecTV says that it will continue to invest in next-generation streaming platforms and offer new packaging options while integrating content from live TV alongside direct-to-consumer... Read More

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