Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of media production company Ascent Media
So what: This pop mirrors the one Ascent Media enjoyed on Nov. 24, and for good reason: They're two sides of the same coin. Last week, the company sold two divisions to Deluxe Entertainment Services, and this time, another unit found a buyer in Encompass Digital Media.
Now what: There's only one division left to sell before Ascent Chairman John Malone's exit strategy for the former Liberty Media Interactive
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