Mergers and Acquisitions

What to Expect When United Technologies Releases Q3 Results

Posted: October 21, 2019 at 12:35 pm

United Technologies Corp. (NYSE: UTX) is scheduled to report its most recent quarterly results before the opening bell on Tuesday. The consensus estimates are $2.03 in earnings per share (EPS) ...
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MGM Hits $5 Billion Jackpot From Vegas Casino Sales; More to Come?

Posted: October 16, 2019 at 11:35 am

MGM Resorts International (NYSE: MGM) late Tuesday announced the sale of Circus Circus Las Vegas property and the establishment of a joint venture with a subsidiary of Blackstone Group Inc. ...
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Are Shareholders Getting Enough in the Achillion Acquisition?

Posted: October 16, 2019 at 9:45 am

Achillion Pharmaceuticals Inc. (NASDAQ: ACHN) shares skyrocketed on Wednesday morning after an announcement that the firm would be acquired by Alexion Pharmaceuticals Inc. (NASDAQ: ALXN). While shares are up sharply ...
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Will Apple Buy Netflix?

Posted: October 15, 2019 at 9:02 am

Since Apple Inc. (NASDAQ: AAPL) announced its Apple TV+ streaming service, experts have continued to be skeptical, thinking that it is too late to market and has a very limited ...
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Are Allergan Shareholders Getting Enough in the AbbVie Acquisition?

Posted: October 14, 2019 at 10:05 am

Allergan PLC (NYSE: AGN) finally has announced that its shareholders have voted to approve the company’s acquisition by AbbVie Inc. (NYSE: ABBV). The acquisition is expected to close in early ...
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What Will Happen to UTC and Raytheon in the Dow Post-Merger?

Posted: October 11, 2019 at 12:40 pm

The world of mergers and acquisitions and special-situation investing never ceases to evolve. The case of Raytheon Co. (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) fits right in the ...
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Odds Apple Buys Netflix Advance

Posted: October 5, 2019 at 8:50 am

Since Apple Inc. (NASDAQ: AAPL) announced its Apple TV+ streaming service, experts have continued to be skeptical, thinking that it is too late to market. It also has a very ...
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Hess Shuffles Midstream Assets in $6.2 Billion Transaction

Posted: October 4, 2019 at 9:46 am

Hess Corp. (NYSE: HES) and Hess Midstream Partners L.P. (NYSE: HESM) announced Friday that the midstream firm will acquire all the ownership interests in Hess Infrastructure Partners in a transaction ...
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What FireEye Might Fetch in a Buyout, and a Reality Check

Posted: October 3, 2019 at 1:20 pm

The world continues to be in dire need of solid data security and cybersecurity options. Whether this pertains to security for individuals, corporations or government agencies, the need to protect ...
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Canopy Growth’s Next Step for Weed Domination

Posted: October 2, 2019 at 12:45 pm

Canopy Growth Corp. (NYSE: CGC) shares dipped on Wednesday, following the markets lower after the firm announced that it will purchase a majority stake in a leading producer of sports ...
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Will TSG and Flutter Get Lucky Creating the World’s Biggest Online Betting Site

Posted: October 2, 2019 at 11:25 am

The Stars Group Inc. (NASDAQ: TSG) shares exploded on Wednesday after the firm announced that it will be acquired by Flutter Entertainment in an all-share combination. This deal will form ...
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US Steel Pumps $700 Million Into Recycling and Steel Production Firm

Posted: October 1, 2019 at 11:05 am

Last November, the CEO of Big River Steel told an interviewer that the privately held steelmaker had decided to remain independent, instead of taking one of the offers the company ...
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Blackstone Beefs Up US Logistics Portfolio

Posted: September 30, 2019 at 10:45 am

So far this year,  Blackstone Group Inc. (NYSE: BX) has acquired some $24.6 billion in U.S. warehousing assets. In a deal announced Monday, Blackstone said it will acquire, through an ...
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Are Dova Pharma Investors Getting the Most Out of This Acquisition?

Posted: September 30, 2019 at 9:35 am

Dova Pharmaceuticals Inc. (NASDAQ: DOVA) shares jumped on Monday after the firm announced that it would be acquired by Swedish Orphan Biovitrum, or Sobi. Through this acquisition, Sobi is looking ...
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Would IAC Step Into a Groupon and Yelp Merger?

Posted: September 27, 2019 at 11:30 am

It has been about two weeks since there was speculation that Groupon Inc. (NASDAQ: GRPN) would merge with Yelp Inc. (NYSE: YELP). One problem here is that Groupon has a ...
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