Mergers and Acquisitions

Are Neon Therapeutics’ Shareholders Getting Enough in the Buyout?

Posted: January 16, 2020 at 11:20 am

Neon Therapeutics Inc. (NASDAQ: NTGN) shares shot up on Thursday after the firm announced that it will be acquired by BioNTech SE (NASDAQ: BNTX). The question is: Are Neon Therapeutics ...
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MGM Continues Property Sales With $2.5 Billion Agreement

Posted: January 14, 2020 at 11:30 am

MGM Resorts International (NYSE: MGM) announced Tuesday that it has agreed to sell the real estate assets of its MGM Grand Las Vegas property to a new joint venture between ...
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Why Visa Paid $5.3 Billion for Fintech Firm Plaid

Posted: January 14, 2020 at 9:00 am

In December of 2018, privately held fintech firm Plaid raised $250 million in a sixth round of venture funding. Following the infusion of new cash, the company was reportedly valued ...
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Are TerraForm Shareholders Getting Enough Premium in Their Buyout Offer?

Posted: January 13, 2020 at 4:59 pm

While much attention has been given to efforts of moving beyond fossil fuel use in the twenty-first century, many infrastructure entities from utilities to investment companies to government-related entities have ...
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Aerospace Firms Woodward, Hexcel Merge; Responding to Boeing Troubles?

Posted: January 13, 2020 at 9:50 am

Two firms that produce control systems and advanced composite materials agreed on Sunday to a merger of equals that will create one of the largest independent suppliers to the aerospace ...
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How This Dermira Acquisition Will Round Out Eli Lilly

Posted: January 10, 2020 at 10:05 am

Dermira Inc. (NASDAQ: DERM) shares made a handy gain to close out the week after it was announced that Eli Lilly and Co. (NYSE: LLY) would be acquiring the firm. ...
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Is There Even a Buyer for Grubhub?

Posted: January 10, 2020 at 8:25 am

When a company's share price jumps on chatter about selling the company, then falls when the company denies "unequivocally" that it is for sale, it's pretty clear what investors are ...
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Occidental to Spin Off Pipeline Business, Pays Some Bills

Posted: January 6, 2020 at 1:55 pm

One of the worst-performing stocks among the S&P 500 last year was Occidental Petroleum Corp. (NYSE: OXY). That can happen when a company spends about $57 billion in cash and ...
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Avon Sets Special Dividend Ahead of Merger With Brazil’s Natura

Posted: December 27, 2019 at 8:05 am

Brazilian company Natura & Co announced last week that it had received all regulatory approvals to complete its acquisition of Avon Products Inc. (NYSE: AVP) and expects to close the ...
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Sports Betting Firm DraftKings Acquired, Looks to Go Public Next Year

Posted: December 23, 2019 at 8:00 am

Diamond Eagle Acquisition Corp. (NASDAQ: DEAC), a special-purpose acquisition group, has entered a definitive business combination with DraftKings, operators of fantasy sports and mobile sports betting platforms, and technology provider ...
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Gene Sequencing Merger May Be the Oddest Monopoly and Antitrust Case Ever

Posted: December 18, 2019 at 5:24 pm
Last updated: December 19, 2019 7:39 am

When most investors and consumers think of antitrust issues and monopolies, they probably think of big giant multinational companies with billions of dollars in sales and assets and likely even ...
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Fiat Chrysler, Peugeot Merger Has One Clear Winner

Posted: December 18, 2019 at 10:30 am

Fiat Chrysler Automobiles N.V. (NYSE: FCAU) and Peugeot (Groupe PSA) have announced a merger of equals that will create the world's third-largest automaker measured by revenue and the fourth largest ...
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Energy Pipeline Firm Takes $4 Billion Private Equity Buyout

Posted: December 17, 2019 at 11:55 am

Energy pipeline operator Tallgrass Energy L.P. (NYSE: TGE) announced Tuesday morning that it has accepted an all-cash offer of $22.45 per share from Blackstone Infrastructure Partners, an affiliate of private ...
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$2.5 Billion Deal in Permian Basin Oil Patch Shows Surprising Strength

Posted: December 16, 2019 at 1:45 pm

Over the past five years, WPX Energy Inc. (NYSE: WPX) has evolved from a company producing an 80-20 mix of natural gas to oil to a company that now produces ...
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Sprint, T-Mobile Merger Now in Charlie Ergen’s Hands?

Posted: December 9, 2019 at 10:15 am

In mid-October, the U.S. Federal Communications Commission (FCC) voted three to two in favor of the $26.5 billion merger of T-Mobile US Inc. (NASDAQ: TMUS) and Sprint Corp. (NYSE: S). ...
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