Can Salesforce Meet Its Own High Ambitions by Fiscal 2018?
Salesforce continued its spree in December 2016 with its acquisition of Twin Prime, a startup focused on machine learning.
Following the news of Noble Energy’s (NBL) acquisition of Clayton Williams Energy (CWEI), NBL stock closed 7.0% higher on January 17, 2017.
The Permian Basin’s impressive production profile, low break-even costs, and high IRRs have caused producers to scramble to get their slice of the pie.
On January 16, 2017, Noble Energy (NBL) announced that it’s acquiring Clayton Williams Energy (CWEI) for $2.7 billion. It will add 71,000 net acres in the Southern Delaware Basin.
On January 16, 2017, Noble Energy (NBL) announced an agreement to acquire all of the outstanding common stock of Clayton Williams Energy (CWEI) for $2.7 billion in stock and cash.
US President-elect Donald Trump is still opposed to the intended takeover of Time Warner (TWX) by AT&T (T), according to Bloomberg, which cited people close to Trump.
AT&T (T) has announced a definitive agreement to acquire Time Warner (TWX) in a stock-and-cash transaction valued at $107.50 per Time Warner share.
Time Warner (TWX) has high-quality content assets, and AT&T (T) has extensive customer relationships across the wireless, video, and fixed broadband platforms.
Ever since US telecommunications company AT&T agreed to acquire Time Warner, there’s been speculation about whether the deal will receive regulatory approval.
AT&T (T) announced a definitive agreement to acquire Time Warner (TWX) in a stock-and-cash transaction valued at $107.50 per Time Warner share.
In the recent Senate hearing held in December 2016 regarding the proposed AT&T (T) and Time Warner (TWX) merger, the companies’ executives met with scrutiny.
On January 3, DePuy Synthes, a subsidiary of Johnson & Johnson (JNJ), entered into an asset purchase and development agreement with Interventional Spine.
Verizon started its digital media strategy in 2014. It acquired AOL for $4.4 billion in 2015, and it proposed the acquisition of Yahoo in July 2016.
Verizon agreed to acquire Yahoo for $4.8 billion in July, so it will be interesting to hear updates on the investigation into the August 2016 Yahoo hack.
From September 30, 2016, to January 6, 2017, Schlumberger (SLB) stock rose 10.0%. During the same period, crude oil rose 11.0%.
On January 5, 2017, Schlumberger (SLB) acquired Peak Well Systems. It could extend well life, restore well integrity, and enhance well performance.
On December 13, Callon Petroleum announced that it had agreed to acquire certain acreage positions and oil- and gas-producing properties from Ameredev.
Marathon Petroleum (MPC) announced an accelerated drop down of assets generating $1.4 billion of annual EBITDA to MPLX (MPLX).
VMware (VMW) parted with an undisclosed sum to add PlumGrid to its portfolio.
While Verizon may not walk away from the buyout deal with Yahoo in the wake of a recently disclosed massive breach of the Yahoo system, the company could press Yahoo for a price discount.