article thumbnail

These 2 Stocks Show Merger Mania Isn't Just for Mondays

The Motley Fool

But in the investment banking world, the best time to finalize potential mergers or acquisitions is over the weekend, as markets aren't open and companies don't have to worry about the potential for leaked information to cause an immediate spike in share prices. Under the deal, Brookfield Re would pay $38.85

article thumbnail

Paceline Equity Partners Backs $175m Merger of GCOM Software and OnCore Consulting

Private Equity Insights

An affiliate of Paceline Equity Partners, LLC , a Dallas-based private equity manager, today announced that it has participated in a $175m financing facility to support GCOM Software LLC’s merger with OnCore Consulting, LLC. GCOM is a portfolio company of Sagewind Capital, LLC , a New York-based middle-market private equity firm.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Here's the Latest on Amazon's Acquisition of iRobot at the End of 2023

The Motley Fool

The acquisition has stalled over regulatory concerns, and its initial terms have been amended. Nonetheless, iRobot shares are currently trading 43% below the updated acquisition price, creating a significant merger arbitrage opportunity. A brief timeline of Amazon's proposed acquisition of iRobot In Aug.

article thumbnail

This High-Yield Dividend Stock Has Big Plans for Rewarding Its Shareholders

The Motley Fool

Only 12% of its shareholders resided in the U.S. It's not a high-growth business, but it is sustainable, which will allow the company to continue rewarding shareholders with stock buybacks and dividends. So it has let down shareholders before. Or Chevron, with its Hess acquisition. as of the end of 2022.

article thumbnail

This Oil Stock Is Following Leaders ExxonMobil and Occidental Petroleum by Making a Major Acquisition

The Motley Fool

The merger wave in the oil patch is continuing in 2024. That acquisition will enhance APA's scale in the resource-rich Permian Basin. Here's a look at the latest oil stock merger and what it means for investors. It drives its view that the acquisition will bolster its free cash flow. All three deals share a common theme.

article thumbnail

Chevron Remains Confident It Will Close This Needle-Moving Acquisition

The Motley Fool

A big factor driving that relative underperformance is the uncertainty surrounding its massive acquisition of Hess (NYSE: HES). That acquisition could really move the needle for the oil stock in the coming years. The acquisition would also allow Chevron to further high-grade its portfolio.

article thumbnail

Activision Nears a Deal, but This Nasdaq Stock Is Sending Shareholders to Detention on Friday

The Motley Fool

However, investors in another stock got schooled in Friday's premarket session, as Scholastic (NASDAQ: SCHL) released financial results late Thursday that didn't match up with shareholder expectations. The Competition & Markets Authority (CMA) released a decision early Friday stating that it might approve the Microsoft-Activision merger.