Valeant's playbook has focused
on acquiring companies that produce lower - risk over-the-counter medicines that won't gobble up tremendous amounts of capital to launch.
The majority of the investments made by Centerbridge are centered
on acquiring companies that are undergoing bankruptcy or financial restructuring.
If you're planning
on acquiring a company as a strategic asset, I generally recommend keeping the team as an autonomous unit.
Last year at the Berkshire Hathaway annual meeting, Warren Buffet explained his theory
on acquiring a company with cash compared to acquiring the company with stock.
Last year at the Berkshire Hathaway annual meeting, Warren Buffet explained his theory
on acquiring a company with cash compared to...
Not exact matches
Many times,
companies will focus their PR sectors
on acquiring new customers.
During the past 15 years in corporate America, I've worked for three different
companies that were
acquired by larger organizations
on four different occasions.
Huffington Post founder Arianna Huffington, whose
company is owned by AOL (which was itself
acquired by Verizon last year), sent out a memo to employees
on Friday saying the
company is shifting its approach to video.
The same restructuring appointed separate executives responsible for each of the Leon's stores and the Brick, which the
company acquired in 2013, freeing the family to focus
on further growing their empire.
While Luckey initially raised capital for his
company through a massive crowdfunding campaign
on Kickstarter, his
company hit its stride in 2014 when Facebook [fortunes - stock symbol =» FB»] announced that it had
acquired Oculus VR for $ 2 billion.
Snapchat CEO Evan Spiegel is not planning for his
company to get
acquired, he said onstage at Re / code's Code Conference
on Tuesday evening.
• Helmerich & Payne, Inc. (NYSE: HP)
acquired Magnetic Variation Services, LLC, a Westminster, Colo. - based
company focused
on directional drilling and wellbore optimization.
The class action, filed in United States District Court, Southern District of New York, and docketed under 18 - cv - 02213, is
on behalf of a class consisting of investors who purchased or otherwise
acquired BRF American Depositary Receipts («ADRs») between April 4, 2013 and March 2, 2018, both dates inclusive (the «Class Period»), seeking to recover damages caused by Defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 (the «Exchange Act») and Rule 10b - 5 promulgated thereunder, against the
Company and certain of its top officials.
UBM bought trade show organizer Advanstar last year for $ 972 million, capping off a five - year spree in which it
acquired 53
companies, most of them bolt -
ons.
Since 2008, Dell has spent $ 13 billion
on acquiring at least 20 B2B
companies.
While many expanding
companies invest considerable time and resources into
acquiring new customers, they tend to forget that the real work begins once a new customer comes
on board.
Prologis, a logistics
company with a global footprint, will
acquire smaller U.S. rival DCT Industrial Trust in an $ 8.4 billion all - stock transaction, including the assumption of debt, the two
companies said
on Sunday.
This network of
companies focused
on acquiring and developing YouTube talent is, of course, a good thing for Google.
The class action, filed in United States District Court, for the District of Illinois, Eastern Division, is
on behalf of a class consisting of investors who purchased or otherwise
acquired Akorn's securities between March 1, 2017 through February 26, 2018, both dates inclusive (the «Class Period»), seeking to recover damages caused by defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b - 5 promulgated thereunder, against the
Company and certain of its top officials.
Prologis will
acquire smaller U.S. rival DCT Industrial Trust in an $ 8.4 billion all - stock transaction, including the assumption of debt, the two
companies said
on Sunday.
• Teradyne
acquired MiR, a Denmark - based robotics
company, for $ 148 million, with $ 124 million
on the table after meeting performance goals.
Bloomberg attributes this boost to a recent surge in tech
companies acquiring funding for the first time, indicating that investors are more willing than ever to take chances
on startups.
On Monday, news broke that HNA is withdrawing its offer to
acquire the fund
company.
Swiss drug giant Novartis has struck a deal to
acquire France's Advanced Accelerator Applications (AAA) for $ 3.9 billion, or a nearly 50 % premium
on the
company's closing share price before knowledge of the deal became public.
Big biotech and pharma
companies are absolutely dependent
on being able to successfully innovate by partnering with and
acquiring disruptive startups because of the nature of the patent cliff in pharmaceuticals.
• Cloudflare
acquired Neumob, a Sunnyvale, Calif. - based
company focused
on speeding up mobile apps, reducing errors, and boosting conversions.
Valeant has been at the center of a political firestorm over prescription medication costs and pharmaceutical
companies, which depend more
on acquiring or licensing existing therapies (and then raising their prices) rather than fueling R&D into new drugs.
On the creation side, GoPro's media group manager, Bradford Schmidt, persuaded Woodman to
acquire a leading digital - video software
company, CineForm, in early 2011, right around the time GoPro released a rig that allows users to shoot in 3 - D by calibrating two cameras to shoot simultaneously and create layered 3 - D files.
Silvercorp Metals Inc. a Vancouver - based
company that explores, develops and
acquires high - grade silver in China and Canada, distributed a press release
on Sept. 2 saying that
on Aug. 29 it received an anonymous letter (also sent to the Ontario Securities Commission) claiming there was a «potential $ 1.3 billion accounting fraud» at the
company.
Amazon's move to
acquire Whole Foods is a «natural pivot» for a
company that «doesn't buy fixer - uppers,» said Wall Street analyst Mark Mahaney
on CNBC's «Power Lunch» Friday.
• The Riverside
Company acquired Kii Naturals, a Canada - based maker of all - natural artisan crackers as an add - on for portfolio company NuStef
Company acquired Kii Naturals, a Canada - based maker of all - natural artisan crackers as an add -
on for portfolio
company NuStef
company NuStef Baking.
•
On Location Experiences, a portfolio
company of RedBird Capital Partners, Bruin Sports Capital, and 32 Equity,
acquired PrimeSport, a Atlanta - based firm providing direct access to sports and entertainment events.
And the logic of one revered brand buying another seemed broken, based
on Apple's history of
acquiring smaller
companies.
TMS is focused
on the Australian offshore oil and gas support industry and was
acquired by labour hire
company Integrated Group in 2002.
And within months of announcing that it was
acquiring Rdio last year, Pandora was reported to be
on the block (although co-founder Tim Westergren has downplayed that idea since he took over as the
company's CEO).
Herjavec concluded that the success of the
companies on the show — and any small business — depends
on how they make use of their newly
acquired knowledge and resources.
There's one major drawback for investors, though: They are unlikely to see a payout
on their investment unless the
company is
acquired or goes public.
Prior to Sucampo, he served as Chief Scientific Officer of Ambrx Inc., a clinical - stage biopharmaceutical
company focused
on the development of antibody - drug conjugates (ADCs) that was
acquired by a consortium led by Fosun Pharmaceutical Group in 2015.
SoftBank has
acquired a 15 % stake in Uber, through a combination of direct investment in the ride - hailing
company and through buying the shares of existing Uber shareholder, Uber confirmed
on Thursday, weeks after announcing that the transaction was underway.
But with Amazon making so much headway in
acquiring content
on its own, the
company may not even need to purchase Netflix to expand.
Shares in local explorer Manas Resources have doubled in value
on news the
company has entered into an agreement to
acquire the Victoria gold project in Tanzania from a private Italian group for $ US4 million ($ A5.4 million) in cash and shares.
Although Softbank - which had recently
acquired the personal computer industry's biggest trade show (Comdex) and publishing
company (Ziff - Davis)- was barely a blip
on the industry's radar, Son had dreams of becoming a big player in the fast - growing tech sector.
In connection with the proposed transactions, McDermott International, Inc. («McDermott») has filed a Registration Statement
on Form S - 4 (the «Registration Statement») with the SEC that includes (1) a joint proxy statement of McDermott and Chicago Bridge & Iron
Company N.V. («CB&I»), which also constitutes a prospectus of McDermott and (2) an offering prospectus of McDermott Technology, B.V. in connection with McDermott Technology, B.V.'s offer to
acquire CB&I shares.
• FusionZONE Automotive, a portfolio
company of Primus Capital,
acquired MotorWebs, a Seattle - based web design
company focused
on car dealership websites.
Computer
companies have pushed the responsibility for security
on users, telling them to
acquire third - party software and hardware.
Online property rental
company rent.com.au has commenced its first day of trading
on the ASX, after being
acquired by Select Exploration in a backdoor listing.
Perth - based biotech
company ResApp Health had a steady first day of trade
on the ASX today, after being
acquired by Narhex Life Sciences in an $ 11 million backdoor listing.
Controversy around the deal prompted the Conservative government to implement restrictions
on state - owned enterprises
acquiring majority stakes in Canadian
companies.
Existing tax laws around equity - based compensation can even drive a
company's employees to let their options go, and miss out
on the future windfall when that start - up goes public or is
acquired at a good price.
Viacom announced new rebranding efforts
on Thursday morning that will see the struggling
company focus its efforts
on six flagship brands — which include Paramount, the studio
acquired more than two decades ago by media mogul Sumner Redstone, whose family owns the controlling stake in Viacom and CBS.