Coverage: Investors pay $8.3 billion for PetSmart
While reported valuations varied slightly, BC Partners is paying more than $8 billion for PetSmart to gain access to millions of people who spend loads of money on their pets for treats and toys. Bloomberg’s David Welch had these details about the deal: PetSmart Inc. (PETM) agreed to be bought by a group led by BC […]
WSJ seeks investment banking editor in London
The most high-profile specialist financial publication in Europe is seeking a talented editor to lead coverage of investment banking in Europe, charting the triumphs and mishaps of Europe’s investment banks and the European operations of the big US players. The team’s coverage ranges over M&A, IPOs, bankers’ bonuses, and war for talent raging between the […]
Coverage: Hasbro bidding for DreamWorks
The maker of some of the most popular children’s toys is now looking to purchase the studio that produces some of the biggest hits for the age group. The Wall Street Journal story by Dana Cimilluca, Erich Schwartzel and Paul Ziobro had these details: Hasbro Inc. is in early talks to buy DreamWorks Animation SKG, in a deal […]
The Deal adds staff writers
The Deal, which is part of TheStreet.com, has hired Laura Cooper, who joins as a health care reporter, and Andrew Hedlund, who joins as a bankruptcy reporter. Both will be based out of TheStreet’s offices on Wall Street. These additions follow the hiring of Amanda Levin, who previously covered energy M&A at Mergermarket, as a […]
Insight: How to cover a merger or acquisition
The seasons are not the only things changing. Headlines everywhere are flooded with recent mergers and acquisitions. From last month’s questionable Burger King-Tim Horton’s deal to the weakening talks between DreamWorks Animation and SoftBank, M&A stories are increasing with more regularity. According to Mergermarket, the value of deals in the first quarter of 2014 was nearly […]
Coverage: A beer conglomerate is brewing
The battle for being the king of beers (although mostly cheap, mass-produced ones) is apparently heating up. Some analysts are unsure if the rumored sale will be allowed to go through, while others predict more consolidation in the industry. Shayndi Raice, Peter Evans and Matthew Dalton had this story for The Wall Street Journal: Anheuser-Busch […]
Coverage: Dollar General goes hostile
Another day, another dollar – or many dollars — for investors as the battle of discount retailers continues. Dollar General said it was taking its offer for Family Dollar to shareholders. The New York Times story by David Gelles had these details about the merger: The three-way tug of war being hashed out in the […]
Coverage: Microsoft looking to buy Minecraft
Sometimes gamers aren’t looking for the latest weapon or imagery. And that’s the case with those who play Minecraft, a popular game that uses Lego-like graphics. The game has captured the imagination of countless users – something Microsoft is willing to pay big money to acquire. The New York Times had the details of the […]
Coverage: T-Mobile still in play
It may have been a holiday in the U.S., but bankers across the globe were working to try to put together a deal for T-Mobile. Iliad is still circling the company and is looking for partners to help complete the purchase. Bloomberg’s Manuel Baigorri, Marie Mawad and Jacqueline Simmons had these details about the potential […]
Coverage: Back to dealing
This weekend brought the announcement of a couple of big deals in the works. One that is surely going to get some press is the announcement that Burger King is looking to buy Canada’s Tim Hortons in a deal that would involve a tax inversion. The Wall Street Journal broke the news in a story […]
