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
As a result, the proposed acquisition creates an opportunity known as merger arbitrage -- a short-term investing strategy where you buy stocks of companies trading below their acquisition prices. or more 0.02906 shares Matterport's Merger Arbitrage Opportunity As of this writing, Matterport trades for roughly $4.40
There's an investment tactic on Wall Street called merger arbitrage. On the surface, merger arbitrage seems like it would be easy, but iRobot (NASDAQ: IRBT) and Spirit Airlines (NYSE: SAVE) show it can be harder than it seems. There's no such thing as a free lunch The logic behind merger arbitrage is pretty simple.
The company was created through the merger of analytics company BigBear and systems integrator NuWave by private equity firm AI Industrial Partners. Two other analytic companies were later added to the mix, and the company went public via a special purpose acquisition company ( SPAC ) back in 2021. government defense industry.
ExxonMobil kicked off the current boom in mergers and acquisitions last year with its recently closed $60 billion deal for Pioneer Natural Resources. Rival Chevron followed with its acquisition of Hess , which it hopes to close in the coming months. A consolidation wave continues to wash over the oil patch.
Serve Robotics executed a reverse merger with the blank-check company Patricia Acquisition in 2023, which paved the way to its Nasdaq listing at $4 a share on April 18. The 10 stocks that made the cut could produce monster returns in the coming years. They're also resistant to extreme temperatures and heavy rain.
Now, though, Buffett is selling Berkshire's Activision stock before the Microsoft acquisition closes. That was two weeks before a federal appeals court denied the Federal Trade Commission's attempt to temporarily block Microsoft's acquisition of Activision. regulators to block the acquisition. of Activision.
The potential deal would be the latest in a wave of merger activity in the oil patch. ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX) closed multibillion-dollar acquisitions this year and have since agreed to even larger transactions. The Wall Street Journal reported that the oil giant was in the lead to buy the Permian Basin producer.
Devon Energy (NYSE: DVN) has struck out on several potential acquisition opportunities over the past year. The company's Grayson Mill Energy acquisition was a key topic of conversation on that call. All fueled up for a strong 2025 "We see significant financial value created from this acquisition," stated Devon's CEO on the call.
Moreover, it aims to deliver steady monthly cash flows and an internal rate of return of 12% to 14%. Source: Mergers & Acquisitions Can’t stop reading? read more Apollo mulls $9.5bn stake in Seven & i acquisition Apollo Global Management Inc. It has a 5 to 7-year investment horizon.
That run has culminated in Synopsys' recently announcement intension to acquire design and physics simulation software leader Ansys (NASDAQ: ANSS) in an industry mega-merger. The 10 stocks that made the cut could produce monster returns in the coming years. Its performance has been downright pedestrian the last few years.
The private equity firm has not disclosed financial returns from the exit. Endless created Karnova Food Group through the acquisitions of Yorkshire Premier Meat in 2022 and Smithfield Murray in 2023. The combined business now generates over 135m in revenue, according to a statement from Endless. Can`t stop reading?
However, as of July 1, Six Flags completed its merger with Cedar Fair Entertainment (NYSE: FUN) and now trades under Cedar Fair's ticker symbol. Shares of both companies zipped higher last month as it became increasingly clear that the merger deal would go through. Shares of Cedar Fair stock were up 25% during the month.
If the deal is approved, it will instantly shoot into the top-five largest software acquisitions ever. Numerous small tuck-in acquisitions have been key, and Cisco has done a bang-up job. If the merger were to take place today, Cisco would nearly double its $3.9 That isn't exactly chump change.
The pipeline company recently reported strong first-quarter results, fueled mainly by recent acquisitions. Another acquisition, this time by affiliate Sunoco (NYSE: SUN) , will help power stronger-than-expected earnings growth for the master limited partnership (MLP) this year. It closed its $1.5 billion this year.
This halt occurred after the discovery that some shares didn't convert correctly following the company's merger on Aug. 25, 2023, with FG Merger, a special purpose acquisition company ( SPAC ). The stock has risen more than 40x since the combination with FG Merger. 6, 2023, and the completion of the merger on Aug.
Energy Transfer (NYSE: ET) has been on an acquisition binge. billion merger with fellow master limited partnership (MLP) Crestwood Equity Partners last November. The acquisition of Crestwood Equity Partners and WTG Midstream helped fuel the record volume. The midstream giant recently closed its nearly $3.1
Energy companies have signed over $180 billion in merger agreements over the last six months. However, Devon Energy (NYSE: DVN) has gotten left out of the current merger wave washing over the oil patch. The oil producer has reportedly pursued several acquisition targets, only to lose to a competitor.
The oil companies currently find themselves on opposite ends of a major dispute stemming from Chevron's pending acquisition of Hess (NYSE: HES) , which it made as a countermove following Exxon's mega-deal for Pioneer Natural Resources. Exxon believes Chevron's pending acquisition of Hess triggers this clause. billion, or $64.5
The REIT recently added $1 billion to its acquisition target, giving it the confidence to boost the low end of its growth rate. billion merger with Spirit Realty earlier this year. this year without needing outside capital to fund additional acquisitions. this year without needing outside capital to fund additional acquisitions.
VinFast Auto (NASDAQ: VFS) briefly became one of the market's hottest electric vehicle stocks when it went public by merging with a special purpose acquisition company (SPAC) last August. Like many other SPAC-backed EV makers, it ran of of juice as it missed its pre-merger targets and racked up steep losses. just two weeks later.
annualized return, versus 4.3% Dividend growers have produced the highest returns at 10.2% annualized total return. Acquisitions are the main factor driving Realty Income's steadily rising dividend. The REIT estimates that every $1 billion of accretive acquisitions it makes will add 0.5%
It has issued additional shares to fund acquisitions. billion all-stock merger with Spirit Realty. Add in a higher share count from continuing to issue more stock to fund accretive acquisitions, and the REIT could pay out more than $2.7 The 10 stocks that made the cut could produce monster returns in the coming years.
BigBear.ai (NYSE: BBAI) , a developer of data mining and analytics tools, went public by merging with a special purpose acquisition company (SPAC) on Dec. Its investors retreated as its growth cooled off, it broadly missed its pre-merger targets, and it racked up steep losses. Its stock opened at $9.84 on April 13, 2022.
In 2024, the firm returned 12bn to limited partners and co-investors, marking its highest annual distribution. BC Partners closed its previous fund, BC Partners Fund XI, in 2022 with 6.9bn in commitments, achieving a net internal rate of return of 16%, according to Bloomberg data. Can`t stop reading?
The specialist in audio and speech recognition software went public by merging with a special purpose acquisition company on April 28, 2022. That trajectory is impressive, but management originally claimed the company could generate $255 million in revenue in 2024 during a pre-merger presentation in late 2021.
After all, he's owned it since he helped arrange a merger to create the entity in 2015. The merger was worth roughly $45 billion, creating a food giant that owns such famous brands as Kraft, Heinz, Oscar Meyer, Kool-Aid, Jell-O, Capri-Sun, and more. However, the merger also loaded up the new entity with debt. Is it stubbornness?
As market conditions grow more competitive and complex, the ability to drive value through operational improvements has become a key differentiator in achieving superior investment returns. Multiple mergers and acquisitions had created operational inconsistencies within the business.
Management has embarked on a slew of acquisitions to expand its competencies. This deal follows last year's merger with SYNQ3 Restaurant Solutions, which boasts a portfolio of over 10,000 restaurants signed up for its voice AI services. The 10 stocks that made the cut could produce monster returns in the coming years.
It expects its revenue to grow at least 74% in 2024 and rise by more than 88% from that baseline in 2025 as it expands its ecosystem with more acquisitions. Evolv went public through a reverse merger with a blank-check company in July 2021. However, in a pre-merger presentation, the company claimed it could grow its revenue from $20.2
BigBear.ai (NYSE: BBAI) went public by merging with a special purpose acquisition (SPAC) company on Dec. went public, it provided some ambitious growth targets in its pre-merger presentation. BigBear.ai's prospects sounded promising, but it broadly missed its rosy pre-merger targets. and climbed to an all-time high of $16.12
QuantumScape, a developer of solid-state batteries, merged with a special purpose acquisition company (SPAC) in November 2020. and rose to its post-merger high of $35.69 According to its pre-merger presentation, it could potentially increase its revenue at a compound annual rate of 363% from $14 million in 2024 to $6.44
The planned acquisition of Spirit Airlines (NYSE: SAVE) by JetBlue Airways (NASDAQ: JBLU) is officially off, and investors are worried about what comes next for Spirit. Spirit shareholders also received about $425 million in prepayments from JetBlue as agreed upon in the merger agreement as a way to sweeten the deal. airlines."
A merger that underperformed on multiple levels If you're not familiar with the saga, here's the shortened version of the story. It was a time, however, when mergers of similar companies were almost always seen as bullish, value-adding events. That is, this merger wasn't working anywhere near as well as expected.
The REIT can deliver this incremental growth by making accretive acquisitions funded with outside capital (issuing new shares and debt). per year for every $1 billion of accretive acquisitions funded with external capital. billion acquisition of fellow REIT Spirit Realty earlier this year). trillion in the U.S.
In addition, the midstream company expects the merger will increase its free cash flow per share by an average of more than 20% from 2024 to 2027. It expects to capture at least $200 million in cost savings and other synergies following the merger, which is a big factor driving that increase. and Oneok wasn't one of them!
IonQ (NYSE: IONQ) has been a divisive stock ever since it went public by merging with a special purpose acquisition company (SPAC) on Oct. after its merger and nearly tripled to its all-time high of $31 on Nov. It also broadly missed its own pre-merger estimates. IonQ's stock opened at $10.60 Image source: Getty Images.
Shares of VinFast Auto (NASDAQ: VFS) , the Vietnamese vehicle maker that went public in a merger with a special purpose acquisition company ( SPAC) last summer, tumbled 11.5% It has also returned to its roots with a new electric bike that it's trying to sell in the U.S. through 11 a.m. per share on sales of $450 million.
VinFast just came public through a special purpose acquisition company (SPAC) merger in which more than 80% of shareholders redeemed their shares before the merger closed. Indeed, an acquisition from Veritas or another prospective buyer would mark a somewhat inauspicious end to BlackBerry's history as a publicly traded company.
The quantum computing startup went public by merging with a special purpose acquisition company (SPAC) on Oct. IonQ was one such company that missed its pre-merger expectations from 2021 to 2023. It's also increased its number of outstanding shares by about 12% since its SPAC merger. 1, 2021, and its stock opened at $10.60
SoFi went public a few years ago following a merger with a special purpose acquisition company (SPAC) led by billionaire investor Chamath Palihapitiya. Let's dig into why it's a unique investment prospect and see if the company has potential to generate returns strong enough to help make you a millionaire. Until now, that is.
average annual total return beats the 7.7% annual return compared to 6.7% average annual total return compared to the index's average return of 10.8%, but its dividend yields roughly three times as much today, coming in just short of 4% at Friday's closing price. produced by an equal-weighted S&P 500 index.
Biotech heavyweight Amgen (NASDAQ: AMGN) will probably continue to be an active player in the merger and acquisition (M&A) scene, regardless of what happens with its proposed $28 billion buyout of Horizon Therapeutics (NASDAQ: HZNP). The good news is that there is a surfeit of attractive buyout targets at this price point. .*
The main factor fueling its growth was acquisitions, specifically, its merger with Crestwood Equity Partners at the end of 2023 and its acquisition of WTG Midstream last July. The 10 stocks that made the cut could produce monster returns in the coming years. Growth will moderate a bit this year.
Sirius XM is the final inning of its merger with Liberty Media's Sirius XM tracking stock , Liberty Sirius XM Group (NASDAQ: LSXMA) (NASDAQ: LSXMB) (NASDAQ: LSXMK) , which is expected to stop trading after the closing bell on Sept. This merger is being undertaken to create a unified class of Sirius XM common stock.
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