This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
What happened Shares of recently minted publiccompany VinFast Auto (NASDAQ: VFS) collapsed as much as 44.6% The Vietnamese manufacturer of electric vehicles ( EVs ) just went public through a special purpose acquisitioncompany (SPAC) and soared over 100% on the back of investor hype and its low float.
Furthermore, some BDCs, such as Ares Capital, offer more sophisticated financing solutions -- making them appealing to larger publiccompanies as well. The notable exception was a brief cut to the supplemental dividend in early 2020 at the beginning of the COVID-19 pandemic (seen in the grey-shaded column). Well, not exactly.
This can help them stay on track and position their business as an appealing opportunity for potential acquirers or public investors. Choose your exit: IPO or acquisition? Each requires you to make different decisions as your company grows. One Fed decision, inflation print, or job data release can make going public untenable.
Under Stoettner’s leadership, the company completed two acquisitions. In 2019, the company did a little over $100m of revenue with ~$9m of EBITDA. Castle Metals was a publiccompany up until 2020 and has been on MiddleGround’s watch list for years.
for-1 stock splits, respectively, the companies have low share prices despite posting total returns that have outpaced the S&P 500 index since the 1990s. Meanwhile, Kenvue (NYSE: KVUE) was recently spun off from healthcare behemoth Johnson & Johnson , leaving the newly publiccompany with a temporarily puny share price.
Microsoft is starting to separate itself because it's tied to so many things and we saw what it is now trying to do in the gaming business with its Activision Blizzard acquisition of almost $70 billion. It's not free anymore, even at a company like Microsoft. So I think the acquisition is exciting. They are now separating.
Amazon 's (NASDAQ: AMZN) investment in electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN) gets a fair amount of coverage in the financial press, but many investors are probably not aware that the e-commerce giant owns stock in nine other publicly traded companies. Its 10-stock portfolio was worth $2.53 billion on June 30.
Additionally, the acquisitions of Rushmore Servicing and Roosevelt Management added another 32 billion and brought us best-in-class special servicing capabilities in the infrastructure to launch our first MSR fund. And as you recall, during the refi boom of 2020, we generated in excess of 1 billion in profits from originations.
Since the end of 2020, EOG has generated more than $22 billion of free cash flow and more than $25 billion in adjusted net income. EOG recently celebrated our 25th anniversary as an independently traded publiccompany. Here's Ezra. Yacob -- Chairman and Chief Executive Officer Thanks, Pearce. Now, here's Ezra to wrap up.
Having navigated a virtual zero profit environment in Canadian cannabis and even flirting with insolvency in 2020, we now believe that SNDL has the requisite scale and platform optionality to create shareholder value. We are confident that his expertise and strategic vision will continue to drive our company's growth and success.
Bill Mann for you can you think of any really successful mega mergers? Thinking back on the mega mergers recent or historic that really worked well and that you're having to think that hard suggests these aren't often great outcomes. Bill Mann: Mergers of equal? David Gardner: Cava is now a publiccompany.
You're seeing the benefit of continued strong operating results, the gain from the trust collapse we mentioned last quarter, and the accretion from closing the home point acquisition which came in consistent with our guidance. Now, turning to operations. As the market's leading servicer with 4.3
She’s been CEO since February 2020. Just an incredible, insightful conversation about how to build a company, how to grow through acquisitions, how to make sure everybody on your team understands their role, is appreciated, and is acting and performing at the highest levels. They run about a $1.5 JOHNSON: Just do it.
He joined McCarthy Tétrault back in 1997 and was a corporate litigator working on mergers and acquisitions, bankruptcies and other files. In January 2016, Justin Trudeau's government appointed him Ambassador and Permanent Representative of Canada to the United Nations, a position he fulfilled from 2016 to 2020.
Reflecting on the journey from Safer Way to Whole Foods to Amazon.com to Love.Life, John shares how passion, purpose, and unexpected surprises shaped a company that's transformed the way America eats. John first joined me on this podcast in September 2020 talking about his new book at the time Conscious Leadership.
The second main takeaway is that unlike many in our industry, 3D systems continue to deliver organic growth, not simply through acquisition. To replicate our orthodontic success in other markets, I reorganized the company by market vertical when I arrived in 2020. You got my full support on this, the merger stuff.
We started to chip away the second-lien notes with our IPO and retired the remaining 498 million in February 2020. In connection with the Eldorado-Caesars merger, we retired the CMBS debt. Aman, obviously, is not a publiccompany. After we emerged in October of 2017, we got to work on fixing our balance sheet.
Today, StubHub hopes to hit the public markets at a significantly higher valuation than that, as I'll discuss soon. While the acquisition technically closed in February 2020, the deal then had to go through the U.K.'s Upon closing the merger, viaogogo completed its integration of StubHub one year later, in September 2022.
As a reminder, the announcement of the acquisition of Discover constituted a material business change. Therefore, we continue to be subject to the Federal Reserve's pre-approval of our capital actions until the merger approval process has concluded. Pulling way up, the acquisition of Discover is a singular opportunity.
And then as as companies grow and, and you’re only five people, you tend to start to wear a lot of hats. We ran a merger ARB strategy, also distressed debt, which is really where I, I probably gravitated to the most just because of the, the fundamental analysis that’s associated with, with, with debt investing.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content