Adams, Marc
Discover Financial Services (DFS) shares surged over 12% Tuesday after Capital One (COF) announced it will acquire Discover in a$35.3 billion deal. If approved, Capital One's acquisition of Discover would be the fifth-largest deal ever between U.S. banks inmergers and acquisitions ...
In Chapter 11, admittedly, lawyers and advisers gobble up fees, but a recent study argues that the fees are no larger than those for most mergers and acquisitions. One common complaint, that managers enjoy the high life while creditors go begging, fails to stand up to the data from America...
Further commenting, Nick Davies said it was a remarkable illustration at scale of the how SPAC mergers can be used to pave the way for Asian companies eying a sought-after listing on a US stock exchange. "As a firm, KWM has understood –and written about- the potential here, so it ...
Except for deals struck by Tencent, Microsoft, Take-Two, and Activision Blizzard, acquisition prices are usually located in the low billions. According to media reports, only 19 video game company acquisitions or mergers in history had a price tag of more than $1 billion. That those billion-...
U.S. Bancorp is the bank holding company and parent company of U.S. Bank. What we’ve come to know as the fifth-largest commercial bank by assets began in 1863 as the First National Bank of Cincinnati. Multiple mergers led to the formation of the bank known today for its extensive bra...
Industry executives and analysts said that the bank must especially work to make sure that hostile camps of former BankAmerica and Security Pacific employees don’t form, something that often happens in mergers. Finally, Security Pacific customers will be closely monitoring everything from their check...
In one of America's largest corporate mergers at the time, the American Motor Company (AMC) was formed in 1954 when the Nash-Kelvinator Corporation joined the Hudson Motor Car Company. Declining sales led to AMC's partnership with Renault in 1979. The AMC and Renault brand names were discont...
History: Why Did Continental & United Airlines Agree To Merge? By Mark Finlay Published 18 hours ago Mergers were seen as a way to grow the network and save money. Photo: Tomás Del Coro via Wikimedia Commons Summary Continental and United Airlines merged to save money and grow their net...
As of early 2024, the largest deal in pharmaceutical industry history was Pfizer’s acquisition of Warner-Lambert for nearly 90 billion U.S.