Mergers and Acquisitions

NASCAR Speeds to Acquire International Speedway

International Speedway Corp. (NASDAQ: ISCA) shares rose handily on Wednesday after the company announced that it would be acquired by NASCAR. The transaction was approved by a special committee comprised ...
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Wireless and Communications Firms Face More Uncertainty in Sprint and T-Mobile Merger Saga

The pending acquisition of Sprint Corp. (NYSE: S) by T-Mobile US Inc. (NASDAQ: TMUS) has taken yet another turn. After Monday's news that the Federal Communications Commission (FCC) chair would ...
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A Radical Turn for the Sprint and T-Mobile Merger

Most investors had been led to believe that the proposed acquisition of Sprint Corp. (NYSE: S) by T-Mobile US Inc. (NASDAQ: TMUS) would be blocked. While this will not act ...
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Why Dish Network Shares Are Getting Crushed

Dish Network Corp. (NASDAQ: DISH) shares kicked off the week on a negative note when the company announced that it would be making a sizable acquisition. Specifically, Dish Network said ...
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Hewlett Packard Enterprises Buys America’s Most Storied Tech Company

Hewlett Packard Enterprise Co. (NYSE: HPE), itself part of the history of American tech, has bought Cray Inc. (NASDAQ: CRAY), the iconic maker of supercomputers. Bill Hewlett and David Packard ...
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Another Gold Mining Merger Rumor Goes Soft, Sort Of

Iamgold Corp. (NYSE: IAG) is a relatively small gold mining outfit that recently joined in the buyout rumor mill. A report from Bloomberg on Thursday had indicated that Iamgold was ...
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HPE’s Acquisition of Cray: End of an Era or Start of a New One?

Hewlett Packard Enterprise Co. (NYSE: HPE) is ushering in the end of an era by acquiring supercomputer maker Cray Inc. (NASDAQ: CRAY). HPE hopes to create a new era by ...
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Can Danaher Walk Away From the Buyout of GE’s Biopharma Unit?

If there is one former Dow Jones industrial average leader that is in need of serious help, look no further than General Electric Co. (NYSE: GE). A new CEO has ...
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Goldman Sachs Adds $25 Billion in Assets for $750 Million

One of the country's biggest banks, Goldman Sachs Group Inc. (NYSE: GS), announced Thursday morning that it has agreed to acquire privately held wealth management firm United Capital Financial Partners ...
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The Future Ownership Structure of Hulu Is Now Clear

The future ownership structure of Hulu now looks quite clear. A press release from Walt Disney Co. (NYSE: DIS) and Comcast Corp. (NASDAQ: CMCSA) has indicated that Disney will assume ...
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M&A Targets Abound in Energy Sector

Chevron Corp. (NYSE: CVX) just pocketed some $9 billion—more than $8 billion it didn't spend to acquire Anadarko plus $1 billion in a breakup, probably paid by Occidental, which outbid ...
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Why Chevron Let Anadarko Get Away

In an announcement that should have surprised no one, Chevron Corp. (NYSE: CVX) said Thursday it would not counter a proposal from Occidental Petroleum Corp. (NYSE: OXY) to acquire Anadarko ...
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$9 Billion Pipeline Merger All in the Family

Two mid-size energy master limited partnerships (MLPs) announced a definitive merger agreement Wednesday morning. MPLX L.P. (NYSE: MPLX) will acquire Andeavor Logistics L.P. (NYSE: ANDX) in an all-equity transaction valued ...
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Why Chevron Could Be Eyeing These 4 Companies After Losing Anadarko Bid

It’s all but a given now that Anadarko Petroleum Corp. (NYSE: APC) will accept the takeout offer from Occidental Petroleum Corp. (NYSE: OXY) and with good reason. The cash portion ...
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After Levi Strauss IPO, Will Investors Gobble Up Lee and Wrangler Brands?

The market for initial public offerings has been successful for a number of companies coming public in 2019, but the performance has been mixed among the largest IPOs. The status ...
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