Description: Health insurance company Cigna Corp. CI, +0.06% said Thursday it will purchase Express Scripts Holding Co. ESRX, +17.13% in a cash-and-stock deal worth $67 billion. Source: CNBC.com Date: Mar 08, 2018 Link: https://www.cnbc.com/2018/03/07/health-insurer-cigna-is-close-to-buying-express-scripts.html Questions for discussion: How does the financial structure of this merger/acqusition compare to other deals on this scale? Do you think it is a good deal for… Read more »
Posts Tagged: M&A
Description: HONG KONG — United States officials have torpedoed a Chinese state-backed group’s plan to buy an American electronics company, signaling the Trump administration’s continuing skepticism toward Chinese investment deals, particularly those that involve transferring technological know-how. Source: NYTimes.com Date: Feb 23, 2018 Link: https://www.nytimes.com/2018/02/23/technology/china-microchips-cfius-xcerra.html?rref=collection%2Fsectioncollection%2Ftechnology&action=click&contentCollection=technology®ion=rank&module=package&version=highlights&contentPlacement=2&pgtype=sectionfront Questions for discussion: What does this report suggest about the… Read more »
Description: Apple has typically not made large acquisitions. Its largest-ever deal, buying headphone maker Beats for $3 billion in 2014, pales in comparison to Google (GOOGL, +0.67%) paying $12.5 billion for Motorola or Microsoft’s (MSFT, -0.11%) $26 billion LinkedIn purchase (though there were unconfirmed reports Apple wanted to buy Time Warner in 2016). Source: MarketWatch.com – video report Date: Jan 18, 2018 Link: http://fortune.com/2018/01/18/apple-cash-acquire-netflix-tesla/ Questions… Read more »
Description: Far from simplifying taxes, the bill opened up a whole range of tactics to lower the amount owed to the Internal Revenue Service. Source: NYTimes.com Date: Dec 02, 2017 Link: https://www.nytimes.com/2017/12/02/business/tax-bill-offers-last-minute-breaks-for-developers-banks-and-oil-industry.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business®ion=rank&module=package&version=highlights&contentPlacement=1&pgtype=sectionfront Questions for discussion: What are the highlights of the tax bill, according to the report? How will investors be affected by these changes?… Read more »
Description: So much for Amazon and Walmart killing the grocery business. Source: CNNMoney.com – video report Date: Nov 30, 2017 Link: http://money.cnn.com/2017/11/30/investing/kroger-sales-supermarket-amazon-whole-foods-walmart/index.html Questions for discussion: Explain the financial results at Kroger. What criteria should analysts be looking at in order to evaluate food retailers?
Description: Warren Buffett often jokes that he gets a quarter of his daily caloric intake from Coca-Cola. But an investment firm is suggesting that Kraft Heinz, which Buffett’s Berkshire Hathaway owns a nearly 27 percent stake in, may want to buy Coke rival Pepsi. Source: CNNMoney.com – video report Date: Nov 22, 2017 Link: http://money.cnn.com/2017/11/22/investing/kraft-heinz-pepsi-warren-buffett/index.html… Read more »
Description: The Trump administration’s lawsuit to block AT&T’s takeover of Time Warner not only threatens an enormous corporate deal. It also has ignited a guessing game on Wall Street about whether the booming market for mergers and acquisitions is about to be derailed. Source: NYTimes.com Date: Nov 21, 2017 Link: https://www.nytimes.com/2017/11/21/business/dealbook/justice-department-deal-making.html?rref=collection%2Fsectioncollection%2Fbusiness-dealbook&action=click&contentCollection=dealbook®ion=stream&module=stream_unit&version=latest&contentPlacement=3&pgtype=sectionfront Questions for discussion: Do you think the… Read more »
Description: Coca-Cola needs to show consumers (and investors) that the company is more than just a maker of sugary sodas. Could food and booze soon be part of the Coke brand family Source: CNNMoney.com – video report Date: Nov 15, 2017 Link: http://money.cnn.com/2017/11/15/investing/coca-cola-investor-day/index.html Questions for discussion: Why should the firm be looking at acquisitions rather… Read more »
Description: Many retailers are in a world of pain because of Amazon. Walmart is not one of them. It beat Wall Street forecasts for sales and profit on Thursday and improved its forecast for holiday shopping. The stock rose nearly 9% to an all-time high. Source: CNNMoney.com – video report Date: Nov 16, 2017 Link:… Read more »
Description: SHANGHAI — The only Chinese social-media company to build a major network outside China will be taken over by a fast-growing Chinese upstart. Source: NYTimes.com Date: Nov 10, 2017 Link: https://www.nytimes.com/2017/11/10/business/dealbook/musically-sold-app-video.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business®ion=rank&module=package&version=highlights&contentPlacement=8&pgtype=sectionfront Questions for discussion: What might explain the valuation of this deal? What does this deal say about valuations for other social media firms?