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Sun Valley: From Recession Fears to Merger Fervor, What’s on the Minds of Moguls

Sun Valley: From Recession Fears to Merger Fervor, What’s on the Minds of Moguls

Sun Valley, the annual event colloquially known as “summer camp for billionaires,” kicks off as usual on July 5. But the moguls who flock to the Allen & Co. retreat may not be as relaxed as usual when they touch down at the Sun Valley Lodge in the Idaho resort town: From darkening economic clouds to choppy leadership transitions at some of the most storied media companies, there are plenty of reasons for the 1% of the 1% to be breaking a sweat these days. The stock market’s roller coaster ride in the first half of the year means that… Read Full Article