Coverage: Purdue acquires Kaplan University
Purdue University said Thursday it has acquired for-profit Kaplan University to extend its reach into online and adult education, an unusual move for a public institution. Danielle Douglas-Gabriel of the Washington Post had the news: Instead of folding the for-profit school into its operations, Purdue plans to form a new university comprised of all 15 campuses […]
Bloomberg names new Asia regional manager, Businessweek deputy editors
Bloomberg editor in chief John Micklethwait announced several major job changes in the company’s news organization on Tuesday, including a new Asia regional manager and two new deputy editors for Bloomberg Businessweek, which will relaunch in June. Otis Bilodeau, who has been deputy editor of Bloomberg Businessweek, is moving to Hong Kong to become Asia […]
Coverage: PPG ups its bid for rival paint maker to $29 billion
PPG Industries Inc. upped its offer for rival paint maker Akzo Nobel NV to $28.8 billion on Monday and indicated it make become hostile if the Dutch company doesn’t begin negotiations. Ellen Proper, Jack Kaskey and Ed Hammond of Bloomberg News had the news: The latest bid provides sufficient time for Akzo to negotiate a merger agreement […]
Coverage: Becton Dickinson to buy CR Bard for $24 billion
Medical technology company Becton Dickinson & Co. announced Sunday that it’s acquiring rival C.R. Bard Inc. for $24 billion, another deal in a consolidating industry. Jonathan Spicer of Reuters had the news: The companies said both boards of directors approved the “definitive agreement” which values Bard shares at $317.00 each. The shares closed trading Friday at […]
WSJ seeks deputy deals team editor
The Wall Street Journal seeks an accomplished journalist to help lead our Deals team. This group of reporters is at the beating heart of the Journal’s coverage — breaking huge deal scoops, telling tales of corporate intrigue, and delving into the pressing philosophical issues about how companies are run in the modern era. The position […]
Coverage: Cardinal Health falls despite medical supplies deal
Shares of Cardinal Health Inc. fell by 12 percent on Tuesday after the company said earnings this year will be on the low end of projections and despite it announcing a deal to acquire Medtronic’s medical supplies business for $6.1 billion. Ankur Banerjee and Akankshita Mukhopadhyay of Reuters had the news: The company’s shares tumbled 12 […]
WSJ seeks Asia deals editor
The Wall Street Journal is looking for an accomplished reporter/manager to lead our team covering deals and finance in Asia. China has spawned a generation of little known firms that are shaking up the world of M&A, a multi-trillion business in opaque and sometimes sketchy investment products, a cohort of advisers who have muscled out […]
Coverage: Krispy Kreme parent buying Panera Bread for $7 billion
JAB, the investment firm that controls the Krispy Kreme chain and coffee brands Keurig, Peet’s and Caribou, announced the $7-billion deal Wednesday to acquire Panera Bread. Nathan Bomey and Zlati Meyer of USA Today had the news: Though known for its sandwiches, Panera is a major seller of coffee. Panera’s ascension as one of the most successful fast-casual chains […]
FT launches M&A newsletter “Due Diligence”
The Financial Times has started an email newsletter called “Due Diligence” covering merger and acquisition news. “Due Diligence” is for premium subscription readers and will come out Tuesday through Friday. The goal is to create something that helps readers find their way through the increasingly complex world of mergers and acquisitions. “There are already many […]
Mergermarket/Dealreporter seeks Midwest editor
The editor will act as our team leader in the Chicago office, overseeing day-to-day editorial operations for Mergermarket and Dealreporter. Key responsibilities Managing team of reporters Writing and editing content on M&A and capital markets Regular external meetings to develop sources Key skills Excellent communication and interpersonal skills. A track record, or proven potential, to […]
