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 [...]

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Shutterfly Agrees To Be Acquired By Apollo Global Management

Shutterfly, Inc. Agrees to be Acquired by Certain Funds Managed by Affiliates of Apollo Global Management in an All-Cash Transaction with an Enterprise Value of $2.7 Billion Shutterfly, Inc. stockholders to receive $51.00 per share in cash geralt / Pixabay REDWOOD CITY, Calif.--(BUSINESS WIRE)--Shutterfly, Inc. (Nasdaq: SFLY) (“Shutterfly” or the “Company”), a [...]

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Barnes & Noble To Be Acquired By Elliott

Barnes & Noble to Be Acquired by Elliott, Owner of Waterstones, Bringing Together the Leading Booksellers in the US and the UK Q1 hedge fund letters, conference, scoops etc rawpixel / Pixabay ll-cash acquisition of $6.50 per share delivers a significant premium for all shareholders Transaction concludes Barnes & Noble strategic alternative [...]

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Chevron Announces Agreement To Acquire Anadarko

Strategic fit that enhances Chevron’s advantaged portfolio Delivers $2 billion in anticipated annual operating cost and capital synergies Accretive to free cash flow and earnings one year after close Share repurchase annual target increases by 25 percent to $5 billion Q1 hedge fund letters, conference, scoops etc By Chevron Corp. (www.chevron.com) [Public domain], via [...]

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Bristol-Myers Squibb Shareholders Approve Celgene Acquisition

Transaction on Track to Close in Third Quarter of 2019 NEW YORK--(BUSINESS WIRE)--Bristol-Myers Squibb Company (NYSE: BMY) today announced that its shareholders voted to approve the issuance of shares of Bristol-Myers Squibb common stock in connection with the Company’s pending merger with Celgene Corporation (NASDAQ:CELG) at the Special Meeting of [...]

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Breach Inlet Capital Sends Letter To Board Of Aimia Inc.

DALLAS--(BUSINESS WIRE)--Breach Inlet Capital, an investment firm focused on underfollowed and misunderstood small cap equities, delivered a letter to the Board of Directors of Aimia Inc. (TSE: AIM) today. The letter outlines Breach Inlet Capital’s concerns with Aimia’s Board, existing operating business, and recently-announced capital allocation strategy. The letter [...]

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MNG Enterprises Receives Highly Confident Letter To Finance Proposal To Acquire Gannett For $12.00 Per Share

DENVER--(BUSINESS WIRE)--MNG Enterprises, Inc. (“MNG” or the “Company”) today announced that Oaktree Capital Management, L.P. (“Oaktree”), a subsidiary of Oaktree Capital Group, LLC (NYSE: OAK), delivered a letter stating that Oaktree is highly confident in the Company’s ability to attain a debt financing package in an aggregate principal amount [...]

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Newmont Confirms Receipt Of Barrick Acquisition Proposal

All stock acquisition proposed with a negative premium based upon current market prices, conditioned on due diligence Newmont’s pending transaction with Goldcorp offers optimal value with greater certainty and a proven management team and operating model Q4 hedge fund letters, conference, scoops etc Free-Photos / Pixabay DENVER--(BUSINESS WIRE)--Newmont Mining Corporation (NYSE: NEM) (Newmont [...]

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GE To Sell BioPharma Business To Danaher For $21.4 Billion

Accelerates GE’s strategy to reduce leverage and strengthen the balance sheet Strong go-forward $17 billion healthcare business Expected to close in the fourth quarter of 2019 Q4 hedge fund letters, conference, scoops etc By General Electric Company (w:File:General_Electric_logo.svg) [Public domain], via Wikimedia CommonsBOSTON--(BUSINESS WIRE)--GE (NYSE:GE) announced a definitive agreement to sell its BioPharma [...]

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Payless Receives Court Approval Of “First Day” Motions To Support Business Operations

Approvals Include Motions to Continue Employee Wages and Benefits and Procedures for Efficient Large-Scale U.S. Retail Liquidation Process Q4 hedge fund letters, conference, scoops etc BentleyMall [CC BY-SA 3.0], via Wikimedia CommonsStores Across U.S. Remain Open and Continue to Conduct Liquidation Sales Latin American and Franchisee Stores Continue Business as Usual; Not [...]

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ESL Investments Completes Acquisition Of Sears Holdings’ Assets

Operations to continue in the normal course; Sears and Kmart members and customers will continue to have a seamless shopping experience Q4 hedge fund letters, conference, scoops etc BAY HARBOR ISLANDS, Fla.--(BUSINESS WIRE)--ESL Investments, Inc. (“ESL”) today announced that its affiliate, Transform Holdco LLC, has completed its acquisition of substantially all [...]

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Janus Henderson Announces The Retirement Of William H. Gross

LONDON & DENVER--(BUSINESS WIRE)--Janus Henderson Investors (NYSE: JHG, ASX: JHG) announced today that William H. Gross (Bill) has decided to retire from the firm and focus on managing his personal assets and private charitable foundation. Q4 hedge fund letters, conference, scoops etc Mr. Gross, 74, has been a pioneer in fixed [...]

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MNG Enterprises Proposes To Acquire Gannett For $12.00 Per Share In Cash

Proposal Represents Substantial 41% Cash Premium to Gannett’s 2018 Year-End Closing Price Requests that Gannett Immediately Enter into Discussions with MNG about a Strategic Combination Calls for Gannett to Commence Review of Strategic Alternatives to Maximize Value for all Gannett Stockholders Calls for Gannett to Commit to Moratorium on Digital Investments MNG’s 7.5% [...]

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Bristol-Myers Squibb To Acquire Celgene To Create A Premier Innovative Biopharma Company

Highly Complementary Portfolios with Leading Franchises in Oncology, Immunology and Inflammation and Cardiovascular Disease Significantly Expands Phase III Assets with Six Expected Near-Term Product Launches, Representing Greater Than $15 Billion in Revenue Potential Registrational Trial Opportunities and Early-Stage Pipeline Position Combined Company for Sustained Leadership Underpinned by Cutting-Edge Technologies and Discovery [...]

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Funds Managed By Apollo Global Management To Acquire Approximately $1 Billion Portfolio Of Equity Investments From GE Capital’s Energy Financial Services

NEW YORK--(BUSINESS WIRE)--Funds managed by affiliates (the “Apollo Funds”) of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE: APO) and GE Capital (NYSE: GE) today announced they have entered into a definitive agreement for the Apollo Funds to acquire an approximately $1 billion portfolio, including assumed [...]

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Pershing Square, L.P. Establishes 10b5-1 Trading Plan For A Portion Of Its Stake In The Howard Hughes Corporation

NEW YORK--(BUSINESS WIRE)--Regulatory News: Pershing Square, L.P. (“PSLP”) today has established a non-discretionary trading plan to sell a portion of its common stock in The Howard Hughes Corporation (NYSE:HHC) over a period of time that will end no later than November 30, 2018, in accordance with guidelines specified under Rule [...]

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Elliott Advisors (UK) Limited Statement On Whitbread

LONDON--(BUSINESS WIRE)-- Elliott Advisors (UK) Limited (“Elliott”) notes today’s announcement regarding the proposed sale of Costa to The Coca-Cola Company. Elliott congratulates the Board of Whitbread on this proposed transaction and looks forward to continuing to engage with them to maximise the value of the remaining businesses. Get The Timeless [...]

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Bill Ackman and Other Pershing Square Capital Management L.P. Affiliates Have Acquired More Than $100 Million of Additional PSH Public Shares Since July 2018

Bill Ackman and Other Pershing Square Capital Management L.P. Affiliates Have Acquired More Than $100 Million of Additional PSH Public Shares Since July 2018 Get The Timeless Reading eBook in PDF Get the entire 10-part series on Timeless Reading in PDF. Save it to your desktop, read it on your [...]

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Glass Lewis Recommends Cigna Shareholders Vote “FOR” Acquisition Of Express Scripts

A Second Leading Independent Proxy Advisory Firm Glass Lewis Recommends Cigna Shareholders Vote "FOR" Acquisition Of Express Scripts Glass Lewis Joins ISS in Recommending Cigna Shareholders Vote for the Express Scripts Acquisition Cigna Reminds Shareholders to Vote “FOR” the Transformative Combination Today [REITs] Q2 hedge fund letters, conference, scoops etc BLOOMFIELD, Conn.--(BUSINESS WIRE)--Cigna Corporation [...]

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