Mergers and Acquisitions

Merger Talks Between Viacom and CBS Back On

For the past several years, there have been efforts to put back together two companies that were separated in 2005. Viacom Inc. (NYSE: VIAB) and CBS Corp. (NYSE: CBS) were ...
Read Full Story »

Why Denbury Resources, Penn Virginia Called Off $1.7 Billion Merger

Practically since the day that Denbury Resources Inc. (NYSE: DNR) and Penn Virginia Corp. (NASDAQ: PVAC) announced a merger valued at $1.7 billion, investment management firm Mangrove Partners has opposed ...
Read Full Story »

Nokia Defends Itself to Show Alcatel-Lucent Woes Not Material

Shares of Nokia Corp. (NYSE: NOK) took it on the chin after the Finnish (and French) mobile and communications equipment maker warned of compliance issues at its Alcatel-Lucent business in ...
Read Full Story »

Why SPI Energy Is Booming

SPI Energy Co. (NASDAQ: SPI) has announced that it completed its second-stage acquisition of 100% of the equity interest of Heliohrisi, which owns 1.998 megawatts (MW) of photovoltaic projects in ...
Read Full Story »

Why Pfizer Is Getting Deeper Into Gene Therapy

Pfizer Inc. (NYSE: PFE) is getting deeper into gene therapy. The U.S. drug giant has acquired a 15% stake in Vivet Therapeutics. On top of the investment in the French ...
Read Full Story »

Pfizer Moves Over Half a Billion for Wilson Disease Treatment

Pfizer Inc. (NYSE: PFE) has announced that it has acquired a 15% equity interest in Vivet and secured an exclusive option to acquire all outstanding shares. Pfizer is looking to ...
Read Full Story »

Marijuana Grower Hexo Spends to Grow

When Canada-based marijuana grower and distributor Hexo Corp. (NYSEAMERICAN: HEXO) reported second fiscal-quarter 2019 results before markets opened Thursday morning, it said revenue jumped 144% sequentially to C$16.2 million ($12.15). ...
Read Full Story »

Raymond James Sees Mixed View on Barrick and Newmont on JV vs Merger

Newmont Mining Corp. (NYSE: NEM) has announced its special shareholder meeting and filed its proxy materials for the previously announced combination with Goldcorp Inc. (NYSE: GG). This is after Newmont ...
Read Full Story »

US Marijuana Firms Merge in $850 Million Deal

In what may be the largest U.S. transaction yet in the legal marijuana sector, Harvest Health & Recreation has entered a binding agreement to acquire Verano Holdings in an all-stock ...
Read Full Story »

Are Mellanox Shareholders Getting Enough in the Acquisition?

The news that Nvidia Corp. (NASDAQ: NVDA) will acquire Mellanox Technologies Ltd. (NASDAQ: MLNX) lifted shares of the latter on Monday. The transaction has been approved by both boards of ...
Read Full Story »

Newmont Rejects Barrick Acquisition, Proposes Joint Venture Instead

Just a week ago today, Barrick Gold Corp. (NYSE: GOLD) announced an unsolicited offer to acquire rival miner Newmont Mining Corp. (NYSE: NEM) for $18 billion. The all-stock offer was ...
Read Full Story »

Are Nightstar Shareholders Getting Enough in the Buyout?

Nightstar Therapeutics PLC (NASDAQ: NITE) shares exploded early on Monday after it was announced that the firm would be acquired by Biogen Inc. (NASDAQ: BIIB). The transaction is expected to ...
Read Full Story »

How the New FTC Technology Task Force Could Crush Already-Closed Mergers

Technology giants should consider that they have been put on notice. An announcement was made on Tuesday, February 26, 2019, by the Federal Trade Commission (FTC) that its Bureau of ...
Read Full Story »

M&A Verdict: Danaher Gets Better Side of the Deal Than GE in Life Sciences Unit Sale

Investors and speculators just love a good merger and acquisition story. The story of General Electric Co. (NYSE: GE) selling its Life Sciences biotechnology instrument division to Danaher Corp. (NYSE: ...
Read Full Story »

Which Gene Therapy Companies May Be Most Valuable After Spark Therapeutics Buyout

Spark Therapeutics Inc. (NASDAQ: ONCE) shares more than doubled in Tuesday’s session as the result of its pending acquisition. However, the root of the buyout was its gene therapy, which ...
Read Full Story »