Blackstone News

NOVEMBER 29, 2023

Transaction Terms The merger agreement includes a customary 30-day “go-shop” period expiring on December 29, 2023. During this period, Rover and its advisors will be permitted to solicit, consider and negotiate alternative acquisition proposals from third parties. Closing of the transaction is not subject to a financing condition.

Securities and Exchange Commission (SEC) 131

Securities and Exchange Commission (SEC) Mergers and Acquisitions Legal Assets 131

The Motley Fool

MAY 2, 2024

While the settlement structures will help lessen the impact of those costs, the company needs to bolster its financial flexibility so its legal liabilities won't harm its balance sheet or impact its ability to grow. 3M's net debt was down 13% year over year in the first quarter to $10.4

Mergers and Acquisitions 130

Mergers and Acquisitions Legal Conglomerates Liabilities 130

The Motley Fool

OCTOBER 24, 2024

On September 18th, we announced that we had mutually agreed to terminate our pending acquisition by WillScot. In accordance with the terms of the merger agreement, McGrath received a termination fee of $180 million. McGrath is on a strong footing as we emerge from the terminated merger agreement. We are not. per diluted share.

Mergers and Acquisitions 130

Mergers and Acquisitions Education Debt Taxes 130

The Motley Fool

JANUARY 30, 2024

Last week, we notified the Spirit that certain conditions to close may not be satisfied prior to the outside date set out in the merger agreement. We are evaluating our options under the merger agreement, which remains in effect. And then, just a quick follow-up, just, Ursula, on the debt balance sheet. Thanks for that answer.

Mergers and Acquisitions 246

Mergers and Acquisitions Banks Financing Finance 246

Private Equity Wire

OCTOBER 22, 2024

Gwen’s practice ranges from in-court restructurings to bespoke, out-of-court liability management solutions. With a broad regulatory and transactional background, he also guides investment advisers in mergers and acquisitions. He has a versatile skillset and deep experience with platform acquisitions and sales.

Mergers and Acquisitions 75

Mergers and Acquisitions Leveraged Buyouts Private Equity Firms Private Equity Firms 75

The Motley Fool

NOVEMBER 7, 2024

I will also reinforce how we are building a business that will grow profitably without the need for mergers or acquisitions and, therefore, which has the luxury of us looking at external opportunities for the few that may meet our strict value investment criteria.

Mergers and Acquisitions 130

Mergers and Acquisitions Liabilities Assets Capital 130

The Motley Fool

AUGUST 8, 2024

This is a transformative merger that positions us as one of the largest open internet advertising platforms. The news of our merger with Teads allows us to take a massively forward in executing this strategy. The reception we've seen from many industry players reinforces our confidence in the merger's rationale.

Mergers and Acquisitions 130

Mergers and Acquisitions Securities and Exchange Commission (SEC) Bidding Shareholders 130

The Motley Fool

APRIL 25, 2024

Since we announced the merger agreement with WillScot Mobile Mini on January 29 and while the transaction is still pending, we continue to operate with a business-as-usual mindset. As always, and now during the pending merger, our focus will remain on the execution of our strategic plans and delivering positive financial results.

Mergers and Acquisitions 130

Mergers and Acquisitions Education Capital Taxes 130

The Motley Fool

FEBRUARY 21, 2024

In addition, we completed three portable storage tuck-in acquisitions, opening some new markets and increasing density in others. On January 29th, we announced the merger with WillScot Mobile Mini for $3.8 Additional information about the merger will be set forth in the joint proxy statement that we will file together with WillScot.

Mergers and Acquisitions 130

Mergers and Acquisitions Education Taxes Debt 130

The Motley Fool

MAY 7, 2024

Non-GAAP EPS was $0.72, increasing 36% versus prior year, even with the 32% increase in outstanding shares driven by the merger. The combination of these two businesses is one of the strengths of our merger, offering a broad range of product and market-changing innovation. Operations remains the strength of the merger.

Mergers and Acquisitions 130

Mergers and Acquisitions Securities and Exchange Commission (SEC) Accounting Capital 130

The Motley Fool

MAY 7, 2024

Our results for the start of 2024 illustrate our focus on thoughtful, disciplined growth and continue to demonstrate the consistency of our global operating and acquisition platform. After the Spirit merger closed in January, our annualized free cash flow available for investments is approximately $825 million. Welcome, everyone.

Mergers and Acquisitions 130

Mergers and Acquisitions Assets Debt Capital 130

The Motley Fool

NOVEMBER 5, 2024

September 1st marked the one-year anniversary of the Globus NuVasive merger, making this quarter the fourth consecutive combined earnings release with sales growth strong financial performance, and best-in-class innovative product launches. During our third quarter, we passed the one-year mark since the closing of the NuVasive merger.

Mergers and Acquisitions 130

Mergers and Acquisitions Securities and Exchange Commission (SEC) Capital Amortization 130

The Motley Fool

MAY 9, 2024

While our call today will focus on the results of first-quarter 2024, I do want to provide a few updates on the merger process. See the 10 stocks » *Stock Advisor returns as of May 6, 2024 First, we received overwhelming shareholder approval of the merger on March 12th, helping us achieve a key milestone in the process.

Mergers and Acquisitions 130

Mergers and Acquisitions Banks Debt Companies 130

The Motley Fool

AUGUST 31, 2023

Before Kirsten tells you more about our financial performance for the quarter, let me provide a brief update on our pending acquisition of VMware. the Hart-Scott-Rodino pre-merger waiting periods have expired, and there is no legal impediment to closing under U.S. merger regulations. merger regulations. In the U.S.,

Mergers and Acquisitions 246

Mergers and Acquisitions Resale Banks Legal 246

The Motley Fool

AUGUST 6, 2024

Globus delivered another robust post-merger quarter in Q2 with sales of $630 million, growing 116% or $338 million. Non-GAAP EPS was $0.75, increasing 20% versus prior year even with the 35% increase in outstanding shares driven by the merger. Scavilla -- President, Chief Executive Officer, and Director Thanks, Brian. revenue grew 3.1%

Mergers and Acquisitions 130

Mergers and Acquisitions Securities and Exchange Commission (SEC) Capital Taxes 130

The Motley Fool

JULY 15, 2024

billion acquisition of Morphic , why it's interested in the inflammatory bowel disease market, and a few risks to keep in mind for the high-flying provider of weight loss drugs. I want to turn us over to Monday and merger Monday, living up to the name today. They have been acquisitive recently. Eli Lilly 's planned $3.2

Mergers and Acquisitions 130

Mergers and Acquisitions Debt Assets Financing 130

The Motley Fool

MARCH 21, 2024

See the 10 stocks *Stock Advisor returns as of March 21, 2024 The acquisition of Valens in January of 2023 was a key tactical move for SNDL, enhancing our upstream capabilities in Canadian cannabis. And to date, the company has no debt. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.

Mergers and Acquisitions 130

Mergers and Acquisitions Shareholders Capital Liabilities 130

The Motley Fool

NOVEMBER 7, 2024

In the US, since 2020, we have executed more than $5 billion of acquisitions and over $2.5 Since closing the Callon acquisition on April 1st, we have reduced our Permian rig count from 11 down to 8, which we believe is an appropriate pace given the prevailing commodity price environment. This activity has three primary benefits.

Liabilities 130

Liabilities Taxes Prospects Assets 130

The Motley Fool

MAY 3, 2024

only as the Callon acquisition was subsequently closed on April 1st. On the call today, I will review our first quarter performance, discuss the compelling opportunities we are seeing after the closing of the Callon acquisition, and review our activity plan and production expectations for the remainder of 2024.

Debt 130

Debt Mergers and Acquisitions Capital Assets 130

The Motley Fool

FEBRUARY 13, 2024

They also added 12 new venues with the 11 new builds and one purchased via the BigShots acquisition. We also added one venue via acquisition in 2023, and in early January of this year, we purchased one additional venue from BigShots in Bryan, Texas, adjacent to Texas A&M University for approximately $7 million.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Debt Financing 130

The Motley Fool

FEBRUARY 22, 2024

As I mentioned at the start of the call, I'm really excited about the recently announced plans for a merger with Berry Global's HHNF business, which is anticipated to close in the second half of 2024. And then, how much debt will be transferred from HHNF and will be repaid with the NewCo credit facilities? Unknown speaker Got it.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Debt Capital 130

The Motley Fool

MARCH 12, 2024

This translated into significant cash generation in the period, including record cash from operations of over 1 billion, bringing the company's net debt leverage to the lowest level ever. These games are effective player-acquisition tools. billion and net debt leverage improving 3.5 billion of EBITDA, and a 41.3% EBITDA margin.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Debt Taxes 130

The Motley Fool

AUGUST 6, 2024

Yesterday, we announced the second-quarter 2024 earnings and affirmed our full-year 2024 financial guidance, with record Rocky Mountain region volumes, continued progress on acquisition-related synergies and solid demand on our products and services drove our strong second-quarter performance and provide momentum into the second half of 2024.

Mergers and Acquisitions 130

Mergers and Acquisitions Assets Capital Leveraging 130

The Motley Fool

FEBRUARY 21, 2024

And I think, now, with the announcement of this Endeavor, you know, merger, we're in control of both the numerator and denominator of that ratio. And that's just one of the other benefits of size and scale that will only be magnified, you know, with the potential from the Endeavor merger. So, I think that's certainly on the table.

Mergers and Acquisitions 130

Mergers and Acquisitions Assets Debt Capital 130

The Motley Fool

MAY 14, 2024

We generated strong revenue and operating income margin in the first quarter, exceeding the outlook we provided in March and we delivered record operating income when you exclude $18 million in separation and divestiture costs related to the planned spin and merger transaction of gaming and digital. Revenue of $1.07 billion in liquidity.

Mergers and Acquisitions 130

Mergers and Acquisitions Bidding Taxes Financial Institutions 130

The Motley Fool

AUGUST 8, 2023

We continue working toward a successful closing of our pending merger transaction with Magellan while remaining focused on the growth of our legacy assets. If you exclude merger-related and third-party fractionation costs, second-quarter adjusted EBITDA increased nearly 15% and would exceed $1 billion.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Assets Banks 130

The Motley Fool

JULY 25, 2024

We continue to operate as an independent company, notwithstanding the merger announcement with WillScot Mobile Mini in January. On July 11, our shareholders voted to approve the merger. million in transaction costs attributed to the pending merger with WillScot Mobile Mini, negatively impacting earnings per diluted share by $0.36.

Education 130

Education Mergers and Acquisitions Shareholders Funds 130

The Motley Fool

JULY 30, 2024

This was a tremendous undertaking made possible through the merger that will benefit our existing customers and help potential customers more easily see the incredible value of Cap IQ Pro. I want to take a moment to discuss an important acquisition that closed in the second quarter. Back to the theme of generative AI.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Mergers and Acquisitions Banks Debt 130

The Motley Fool

AUGUST 9, 2023

As we announced on July 17th, our board, after consultation with its financial advisor and outside legal counsel, unanimously determined that the July 13th revised unsolicited proposal by 3D Systems Corporation would reasonably be expected to result in a superior proposal as defined in Stratasys merger agreement with Desktop Metal.

Mergers and Acquisitions 130

Mergers and Acquisitions Shareholders Capital Due Diligence 130

The Motley Fool

MAY 3, 2024

In the first quarter, we have completed the acquisition of Lindora and are on plan with the integration activities. Along with the growing addressable market for our brands, the acquisition of Lindora has increased our access to the broader health and wellness market. Acquisition and transaction expenses were $4.5

Mergers and Acquisitions 130

Mergers and Acquisitions Liabilities Capital Banks 130

The Motley Fool

NOVEMBER 7, 2024

As a result, we ended the quarter with 131 million of cash, cash equivalents and investments in marketable securities on the balance sheet and no remaining debt outstanding. Given the pending acquisition of Teads, we currently do not intend to resume repurchasing shares. While we maintain an authorized amount of 6.6 Thank you so much.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Mergers and Acquisitions Bidding Liabilities 130

The Motley Fool

NOVEMBER 7, 2023

The resilience, tenacity, and range of our One Team has been impressive, culminating in the signing of the merger agreement with Spirit Realty, which we announced last week. As announced last week, we entered into a definitive merger agreement with Spirit Realty in an all-stock transaction valued at $9.3 to $4.01. times and 4.5

Mergers and Acquisitions 100

Mergers and Acquisitions Assets Debt Financing 100

The Motley Fool

FEBRUARY 7, 2024

Prismic will enhance our mutually reinforcing business system and drive future growth by leveraging our differentiated brands, global asset and liability origination capabilities, and multichannel distribution. Second is investing both organically and through programmatic acquisitions to support sustainable long-term growth of our businesses.

Mergers and Acquisitions 130

Mergers and Acquisitions Capital Assets Liabilities 130

The Motley Fool

NOVEMBER 7, 2023

On September 1st, after clearing the FTC second request time frame, we executed the Globus NuVasive merger. Pulse sales have been impacted by customer uncertainty with the merger, while international remains focused on continued market penetration and NSO on market reentry of key technology.

Mergers and Acquisitions 100

Mergers and Acquisitions Securities and Exchange Commission (SEC) Capital Amortization 100

The Motley Fool

FEBRUARY 9, 2024

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. The WMIH merger brought us 1 billion in deferred tax assets. I think, you know, we did $1 billion of debt.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Portfolios Assets 130

The Motley Fool

MAY 8, 2024

In short, we remain on track for our organic revenue growth targets in our key brands, our overall EBITDA growth targets, and we are ahead of schedule in delivering operating efficiencies, cash flow, and EPS as well as now beginning the process of paying down term debt. At quarter end, we had total net debt of $2.4 billion in Q1 2023.

Debt 130

Debt Leveraging Capital Banks 130

The Motley Fool

OCTOBER 24, 2024

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. And turning to the Discover acquisition. Richard D. Andrew M.

Capital 130

Capital Mergers and Acquisitions Banks Financing 130