Business Wire – ValueWalk Premium

Warren Buffett’s Berkshire Hathaway Energy Completes Acquisition of Majority of Dominion Energy’s Gas Transmission and Storage Business

DES MOINES, Iowa--(BUSINESS WIRE)--Berkshire Hathaway Energy today announced it has completed the purchase of Dominion Energy’s natural gas transmission and storage business, exclusive of Questar Pipeline Group. The transaction consideration was $8 billion, including approximately $2.7 billion in cash (subject to certain adjustments) and the assumption of approximately $5.3...

OctRead more...

Morgan Stanley to Acquire Eaton Vance

Creates a Leading Asset Manager Positioned for Growth Advances Morgan Stanley’s Strategic Transformation Q2 2020 hedge fund letters, conferences and more NEW YORK & BOSTON--(BUSINESS WIRE)--Morgan Stanley (NYSE: MS) and Eaton Vance Corp. (NYSE: EV) have entered into a definitive agreement under which Morgan Stanley will acquire Eaton Vance, a...

AugRead more...

American Express to Acquire Kabbage

NEW YORK--(BUSINESS WIRE)--American Express (NYSE: AXP) today announced that it has entered into an agreement to acquire substantially all of Kabbage, a leading financial technology company providing cash flow management solutions to small businesses in the U.S. The transaction represents an important step toward American Express’ goal of being...

JulRead more...

Institutional Investors Accelerate Use of Fixed Income ETFs, Driving Record Growth

AUM Increased by 30% in the Last 12 Months Q2 2020 hedge fund letters, conferences and more rawpixel / Pixabay NEW YORK--(BUSINESS WIRE)--Global fixed income exchange-traded funds (ETFs) grew 30% in the past twelve months, driven by increased investor appetite for liquid, transparent, and efficient access to the bond market. 1 Fixed...

JunRead more...

Wells Fargo to Sell Global Alternative Investments Feeder Fund Platform to iCapital Network

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that Wells Fargo Investment Institute, Inc., (WFII) has entered into an agreement to sell its Global Alternative Investments (GAI) Feeder Fund Platform to iCapital Network1. In addition, Wells Fargo today announced that it is making a strategic investment in...

JunRead more...

Report Reveals High Investor Conviction in Hedge Funds Despite the Global Pandemic

BALA CYNWYD, PA and NEW YORK--(BUSINESS WIRE)--Context Summits, the leader in the one-on-one conference format for the alternative investment industry and Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, today announced the findings from the 2020...

MayRead more...

Elliott Advisors Sends Letter to Board of Directors of Alexion

LONDON--(BUSINESS WIRE)--Elliott Advisors (UK) Limited sent the following letter to the Board of Alexion today. A full copy of the letter can also be downloaded at www.elliottletters.com/alexion.pdf Q1 2020 hedge fund letters, conferences and more May 12, 2020 Mr. David R. Brennan Chairman of the Board Alexion Pharmaceuticals, Inc. 121 Seaport Blvd Boston, MA 02210 Dear Mr. Brennan, On...

MarRead more...

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Bill Ackman Up 100x On Hedges Put On In Early March [Full Letter]

LONDON--(BUSINESS WIRE)--Regulatory News: Pershing Square Capital Management, L.P. today released the following letter to investors: Q4 2019 hedge fund letters, conferences and more Dear Pershing Square Investor, On March 3, 2020, we disclosed that we had acquired large notional hedges which have asymmetric payoff characteristics; that is, the risk of loss from these...

NovRead more...

Xerox Sends Letter To HP

Xerox confirms intention to engage directly with HP shareholders in absence of mutual due diligence Q3 2019 hedge fund letters, conferences and more madartzgraphics / Pixabay NORWALK, Conn.--(BUSINESS WIRE)--Xerox Holdings Corporation (NYSE: XRX) (“Xerox”) today sent a letter to the Board of Directors of HP Inc. (NYSE: HPQ) in response to HP’s...

SepRead more...

Endeavor Group Holdings Postpones Initial Public Offering

BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Endeavor Group Holdings, Inc. (“Endeavor”), a global entertainment, sports and content company, today announced that it has postponed its previously announced initial public offering. Endeavor will continue to evaluate the timing for the proposed offering as market conditions develop. Q2 hedge fund letters, conference, scoops etc rawpixel /...

SepRead more...

Purdue Pharma Announces Agreement In Principle On Landmark Opioid Litigation Settlement

Purdue’s entire value to be contributed for the benefit of the American public Q2 hedge fund letters, conference, scoops etc Vacho / Pixabay Settlement is estimated to provide more than $10 billion of value to address opioid crisis, including potentially contributing millions of doses of life-saving opioid overdose reversal medications Purdue to use...

AugRead more...

Philip Morris Confirms Discussions With Altria Regarding A Merger

Philip Morris International Inc. Confirms Discussions with Altria Group, Inc. Regarding Potential All-Stock, Merger of Equals Q2 hedge fund letters, conference, scoops etc geralt / Pixabay NEW YORK--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (NYSE: PM) today announced that it is in discussions with Altria Group, Inc. (NYSE: MO) regarding a potential all-stock,...

AugRead more...

Pivotal In Discussions With VMware Regarding Potential Business Combination

SAN FRANCISCO--(BUSINESS WIRE)--Pivotal Software, Inc. (NYSE: PVTL), a leading cloud-native platform provider, confirms that, through a Special Committee of its Board of Directors, it is in discussions with VMware, Inc. (“VMware”) regarding a potential business combination, and we are proceeding to negotiate definitive agreements with regards to a transaction...

AugRead more...

The We Company Files Registration Statement For Proposed IPO

NEW YORK--(BUSINESS WIRE)--The We Company announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”) relating to an initial public offering of its Class A common stock. The number of shares to be offered and the price range for the...

AugRead more...

CBS And Viacom To Combine

Creates a leading global, multiplatform, premium content company, positioned to be one of the most important content producers and providers in the world Portfolio of powerful consumer brands spanning all content categories and demographics Iconic library of 140,000+premium TV episodes and 3,600+ film titles Production capabilities...

AugRead more...

Occidental Completes Acquisition Of Anadarko

Combined Company Expected to Drive Significant Value and Returns for Shareholders Q2 hedge fund letters, conference, scoops etc geralt / Pixabay HOUSTON--(BUSINESS WIRE)--Occidental Petroleum Corporation (“Occidental” or “the Company”) (NYSE: OXY) today announced the successful completion of its acquisition of Anadarko Petroleum Corporation (“Anadarko”) (NYSE: APC) in a transaction valued at $55...

JulRead more...

Mylan Will Be Merging With Pfizer’s Medicines Business ‘Upjohn’

Mylan and Upjohn, a Division of Pfizer, to Combine, Creating a New Champion for Global Health Uniquely Positioned to Fulfill the World’s Need for Medicine Q2 hedge fund letters, conference, scoops etc rawpixel / Pixabay Delivers enhanced global scale and geographic reach, including leading positions in China and other emerging markets ...

JulRead more...

T-Mobile And Sprint Receive Clearance From DoJ For Merger

T-Mobile and Sprint Receive Clearance from Department of Justice for Merger to Create the New T-Mobile Q2 hedge fund letters, conference, scoops etc By Sprint Nextel [Public domain], via Wikimedia CommonsCompanies reach agreements with DISH to divest all Sprint's pre-paid businesses including Boost Mobile and Virgin Mobile, and Sprint’s 800 MHz...

JulRead more...

Genesee & Wyoming Inc. To Be Acquired By Brookfield Infrastructure And GIC In $8.4 Billion Transaction

Genesee & Wyoming Inc. stockholders to receive $112 in cash per share of common stock The price represents a premium of 39.5% to G&W’s unaffected per share price on March 8, 2019, the day prior to initial media speculation of a potential transaction Brookfield Infrastructure and GIC will...

JunRead more...

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Third Point Sends Letter To United Technologies Corporation’s Board Of Directors

Major Shareholder Details Its Strong Opposition to the Proposed Merger with Raytheon, Citing a Lack of Strategic or Financial Rationale Q1 hedge fund letters, conference, scoops etc NEW YORK--(BUSINESS WIRE)--Third Point LLC (“Third Point”) (LSE: TPOU), a global alternative investment firm managing approximately $15 billion in assets on behalf of public...

JunRead more...

Trian Investors 1 Limited: Statement Regarding Investment In Ferguson plc

LONDON--(BUSINESS WIRE)--The board of Trian Investors 1 Limited (the “Company”; LSE: TI1) today announces that funds managed by Trian Fund Management, L.P. and Trian Investors Management, LLC (collectively, “Trian”), including a fund managed by Trian in which the Company is the principal investor (the “Partnership”), have acquired in aggregate...

JunRead more...

Maven To Acquire TheStreet

Third acquisition in 12 months, Maven continues drive to build leading tech and distribution platform for premium, independent media Q1 hedge fund letters, conference, scoops etc geralt / Pixabay NEW YORK--(BUSINESS WIRE)--Maven (TheMaven, Inc.) (OTC: MVEN) (maven.io) announced TheStreet, Inc. (Nasdaq: TST) (www.t.st) has agreed to be acquired by Maven. A subsidiary...