Mergers and Acquisitions

DowDuPont Names Execs for Post-Breakup Firms

Posted: September 17, 2018 at 7:50 am

When Dow Chemical and DuPont announced their plans to merger late in 2015, part of the plan involved breaking up the merged firm, now known as DowDuPont Inc. (NYSE: DWDP), ...
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6 Most Important Things in Business Today

Posted: September 17, 2018 at 5:05 am

Tesla Inc.'s (NASDAQ: TSLA) Elon Musk addressed logistics issues. According to Reuters: "Sorry, we've gone from production hell to delivery logistics hell, but this problem is far more tractable. We're ...
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Time Magazine Sold for $190 Million

Posted: September 17, 2018 at 4:46 am

The head of Salesforce.com Inc. (NYSE: CRM) bought Time magazine and related properties for $190 million. Meredith Corp (NYSE: MDP), which bought Time parent company Time Inc. in January 2018, ...
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Government Slows Sprint Merger With T-Mobile

Posted: September 12, 2018 at 6:30 am

The merger between the third and fourth largest U.S. wireless carriers seems to be a lock. With nothing to stand in their way, managements of Sprint Corp. (NYSE: S) and ...
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Will the IDT Acquisition Actually Go Through?

Posted: September 11, 2018 at 11:20 am

Integrated Device Technology Inc. (NASDAQ: IDTI) shares hit a multiyear high early Tuesday after it was announced that the Japanese semiconductor firm Renesas Electronics would be acquiring it. For an ...
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Why Fred’s Shares Are Skyrocketing

Posted: September 10, 2018 at 11:00 am

Fred’s Inc. (NASDAQ: FRED) shares exploded on Monday after the company announced a definitive asset purchase agreement with Walgreens Boots Alliance Inc. (NASDAQ: WBA). According to the deal, Walgreens will ...
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GameStop Short Squeeze on Potential Buyout

Posted: September 5, 2018 at 1:25 pm

GameStop Corp. (NYSE: GME) has been struggling in 2018, and recently rumored this summer that it might be looking for a buyout. It seems that this finally has come to fruition ...
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Transocean Bets on Higher Oil Prices With Acquisition of Deepwater Driller Ocean Rig

Posted: September 4, 2018 at 2:05 pm

Offshore drilling services company Transocean Ltd. (NYSE: RIG) announced Tuesday that it has agreed to acquire competitor Ocean Rig UDW Inc. (NASDAQ: ORIG) in a deal valued at $2.7 billion. ...
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Why a Massive China Telecom Merger Matters to the US

Posted: September 4, 2018 at 8:36 am

Two of China's three largest wireless carriers are reportedly discussing a merger. China Unicom (Hong Kong) Ltd. (NYSE: CHU) and China Telecommunications Corp. Ltd. (NYSE: CHA) are both state-controlled wireless ...
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What Will Coca-Cola Acquire Next?

Posted: August 31, 2018 at 11:35 am

With its $5 billion acquisition of the Costa coffee shop chain, Coca-Cola Co. (NYSE: KO) once more has shown its commitment to expanding its footprint and the diversity of its ...
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Can Coca-Cola Compete — and Win — in the Global Coffee Business?

Posted: August 31, 2018 at 10:40 am

Coca-Cola Co. (NYSE: KO) has reached an agreement to acquire Costa, a subsidiary of U.K.-traded Whitbread, for $5.1 billion in cash. The deal is expected to close in the first ...
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6 Most Important Things in Business Today

Posted: August 30, 2018 at 5:06 am

Corporate profits surged last quarter. According to The Wall Street Journal: U.S. corporate profits boomed in the second quarter, boosted by large tax cuts and stronger economic growth than initially ...
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Conagra Gets One Step Closer to Acquiring Pinnacle Foods

Posted: August 27, 2018 at 11:20 am

Pinnacle Foods Inc. (NYSE: PF) and Conagra Brands, Inc. (NYSE: CAG) shares were relatively muted on Monday despite making another pivotal step to closing their tie-up. Essentially, the firms received ...
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Enbridge Raises All-Stock Offer for Spectra to $3.3 Billion

Posted: August 24, 2018 at 11:16 am

Energy infrastructure company Enbridge Inc. (NYSE: ENB) announced Friday morning that it has entered into a definitive agreement to acquire the 81.9 million shares (17% of shares outstanding) of Spectra ...
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How Tyson Foods Plans to Keep on Growing

Posted: August 20, 2018 at 8:40 am

Tyson Foods Inc. (NYSE: TSN) announced early on Monday that it had reached a definitive agreement to acquire the Keystone Foods business from Marfrig Global Foods. The transaction is all ...
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