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Coca-Cola Enters Hot Beverage Market With $5.1B Purchase Of British Chain Costa Coffee
Friday, August 31, 2018 - 11:23am | 559Read More...In an effort to further diversify from the soda industry, The Coca-Cola Co. (NYSE: KO) has announced new plans to keep up ina highly competitive market. Following the news of Starbucks Corp. (NASDAQ: SBUX)’s licensing deal with Nestle, as well as the merged Keurig Dr Pepper Inc. (NYSE:...
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The Latest From China: Qualcomm-NXP Semiconductors Tie-Up 'Looking More Optimistic'
Friday, May 18, 2018 - 12:45pm | 332Read More...The proposed tie-up between Dutch-based NXP Semiconductors NV (NASDAQ: NXPI) and U.S.-based QUALCOMM, Inc. (NASDAQ: QCOM) has been going on for months. What Happened Qualcomm was forced to re-file its application to merge with NXP Semiconductors last month with Chinese regulators, which added...
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Andeavor Downgraded By Morgan Stanley On Marathon Acquisition
Tuesday, May 8, 2018 - 10:54am | 401Read More...Andeavor (NYSE: ANDV) reported its first-quarter results after Monday's market close that featured a top- and bottom-line beat — but prompted Morgan Stanley to drop its bullish stance. The Analyst Morgan Stanley's Benny Wong downgraded Andeavor from Overweight to Equal-...
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Why Stifel Says Rent-a-Center May Go For $10.50 Per Share In A Sale
Thursday, April 19, 2018 - 10:07am | 398Read More...Rent-A-Center Inc (NASDAQ: RCII) has been under pressure from activist investors to explore a sale, and said in early April it plans on reaching a decision by the second quarter. In the meantime, valuing the stock in a takeover scenario is "difficult," according to Stifel. The Analyst...
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Wall Street Reacts To Salesforce's $6.5-Billion Mulesoft Acquisition
Wednesday, March 21, 2018 - 3:40pm | 847Read More...Salesforce.com, inc. (NYSE: CRM) confirmed after Tuesday's market close it has agreed to acquire Mulesoft Inc (NYSE: MULE) after a Reuters report suggested the two companies were in advanced merger talks. Hee's how sell-side analysts reacted to the $6.5-billion deal. The Analysts...
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Broadcom Still A Top Pick Among Analysts Despite Blocked Merger
Thursday, March 15, 2018 - 11:13am | 435Read More...Broadcom Ltd (NASDAQ: AVGO)'s pursuit of QUALCOMM, Inc. (NASDAQ: QCOM) has come to an end after President Donald Trump blocked the deal. While Singapore-based Broadcom is free to pursue acquisitions of other U.S.-based companies, Wall Street analysts are now resuming coverage of the stock under...
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Broadcom's Planned Move To U.S. The Latest In Qualcomm Bid Drama
Monday, March 12, 2018 - 2:05pm | 447Read More...The ongoing saga of Broadcom Ltd (NASDAQ: AVGO)'s attempt to acquire QUALCOMM, Inc. (NASDAQ: QCOM) has become more complicated and now includes a new player: industry titan Intel Corporation (NASDAQ: INTC) What Happened On Friday The combination of Broadcom and Qualcomm could result in Intel...
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A Bidding War For Microsemi Is 'Unlikely,' KeyBanc Says
Monday, March 5, 2018 - 12:13pm | 343Read More...Microchip Technology Inc. (NASDAQ: MCHP) reached an agreement to acquire Microsemi Corporation (NASDAQ: MSCC) for $8.35 billion or $68.78 per share in a deal likely to close this year with no competing bids, according to KeyBanc. The Analyst KeyBanc Capital Markets' Michael McConnell...
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WebMD Agrees To Sell Itself To KKR At A 20% Premium
Monday, July 24, 2017 - 8:24am | 422Read More...WebMD Health Corp. (NASDAQ: WBMD), a provider of health information services that is mostly known for its online platform webmd.com, and Medscape.com confirmed Monday morning it has agreed to sell itself to the private equity giant KKR for $66.50 per share in cash. The transaction values WebMD at...
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The 5 Biggest Restaurant M&As
Wednesday, April 5, 2017 - 1:44pm | 546Read More...After much speculation on Monday, JAB Holdings and Panera Bread Co (NASDAQ: PNRA) agreed to merge in a $7.5 billion deal in which Panera's shareholders will receive $315 per share in cash. Here is how the deal stacks up against other notable restaurant M&As. Panera-JAB: The Second...
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AT&T-Time Warner Merger Deserves 'Very Rigorous' Scrutiny: Senator
Thursday, October 27, 2016 - 2:01pm | 376Read More...Sen. Richard Blumenthal (D-Conn.) believes the proposed AT&T Inc. (NYSE: T)-Time Warner Inc (NYSE: TWX) merger will be very carefully reviewed by the anti-trust sub-committee of the Judiciary Committee and an Federal Communication Committee review. Blumenthal will be involved in the process...
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Regulators To Block Staples-Office Depot Merger, Report Says
Monday, November 30, 2015 - 2:49pm | 335Read More...Shares of Staples, Inc. (NASDAQ: SPLS) were trading lower by nearly 2 percent early Monday afternoon while shares of Office Depot Inc (NASDAQ: ODP) were lower by more than 3 percent. Staples announced in February it intends to acquire Office Depot for around $6 billion. An acquisition...
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Merger Monday: Nine Deals You Might Have Missed
Monday, October 26, 2015 - 2:44pm | 487Read More...Monday's M&A and corporate activity featured nine notable deals. Sectors that saw activity range from utilities, REITs, media and more. Private companies, including Uber, also shared the spotlight. U.S. equities were trading nearly flat early Monday afternoon despite a healthy...
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Why Nokia-Alcatel Lucent Deal Could Be A 'Game Changer' For DragonWave
Wednesday, April 15, 2015 - 10:54am | 362Read More...In a report published Wednesday, H.C. Wainwright & Co. analyst Kevin Dede argued that Nokia Corporation (NYSE: NOK) "swallowing" Alcatel Lucent SA (NYSE: ALU) could be a "game changer" for DragonWave, Inc. (USA) (NASDAQ: DRWI). Shares are Buy rated with a $1.50 price...
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Did Tyson Really Win The Hillshire Takeover Battle?
Monday, June 16, 2014 - 4:43pm | 901Read More...With the merger and acquisition market really heating up as of late, the Street has been sending mixed signals to the shareholders of the acquirers. In several instances, the market has looked kindly on the move and rallied the share price of the company being acquired, as well as the share...















