Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Unilever (UN, UL) confirms approach made to GlaxoSmithKline (GSK) and Pfizer (PFE) about GSK Consumer Healthcare. The company said that, "Unilever notes recent reporting regarding its interest in GSK Consumer Healthcare and confirms that it has approached GSK and Pfizer about a potential acquisition of the business. GSK Consumer Healthcare is a leader in the attractive consumer health space and would be a strong strategic fit as Unilever continues to re-shape its portfolio. There can be no certainty that any agreement will be reached." Meanwhile, GlaxoSmithKline has also said in a statement that, "GlaxoSmithKline today confirms that it has received three unsolicited, conditional and non-binding proposals from Unilever plc to acquire the GSK Consumer Healthcare business. The latest proposal received on 20th December 2021 was for a total acquisition value of GBP 50 billion comprising GBP 41.7 billion in cash and GBP 8.3 billion in Unilever shares. The Consumer Healthcare business is a Joint Venture between GSK and Pfizer, with GSK holding a majority controlling interest of 68% and Pfizer 32%. GSK rejected all three proposals made on the basis that they fundamentally undervalued the Consumer Healthcare business and its future prospects." 2. The chief executives of major U.S. passenger and cargo carriers on Monday warned of an impending "catastrophic" aviation crisis on Wednesday when AT&T (T) and Verizon (VZ) are set to deploy new 5G service, Reuters' David Shepardson reported. The airlines warned the new C-Band 5G service could potentially make a significant number of widebody aircraft unusable and "could potentially strand tens of thousands of Americans overseas." "Unless our major hubs are cleared to fly, the vast majority of the traveling and shipping public will essentially be grounded," wrote the chief executives of American Airlines (AAL), Delta Air Lines (DAL), United Airlines (UAL), Southwest Airlines (LUV) and others. 3. Revenue for Angi's (ANGI) ads and leads business was flat in the latest quarter, even as demand for contractors surged, and the stock is down 33% over the past 12 months, Nicholas Jasinski wrote in this week's edition of Barron's. But Angi is working on a fix and the stock now looks like a bargain, the author contended. So far, investors aren't paying attention, with Angi stock trading for just 1.8 times the $2.29 billion in revenue that Wall Street expects the company to generate in 2023, the publication pointed out. That compares with Angi's five-year average of more than five times year-ahead revenue. Leading online marketplaces like Airbnb (ABNB), Etsy (ETSY), and Uber Technologies (UBER) fetch an average multiple of 6.1, Jasinski added. 4. ViacomCBS (VIAC) subsidiary Paramount Pictures' "Scream" won the Martin Luther King Jr. holiday weekend at the box office with a four-day gross of $34M. For the three-day domestic weekend, the movie earned an estimated $31M from 3,664 locations. Overseas, the slasher pic grossed $18M from 50 markets for a global cume of $52M. 5. Freeport-McMoRan (FCX), Take-Two (TTWO), and Shell (RDS.A) saw positive mentions in this week's edition of Barron's.