Why Merger Talks Between Electronic Arts And NBCUniversal Failed: Who’s A Potential Buyer?
Electronic Arts Inc. (NYSE: EA) shares traded higher by 1.5% on a down day in the market on Tuesday following unconfirmed media reports that EA has been aggressively pursuing a sale of the company. What Happened? On Friday, news outlet Puck reported that Comcast Corporation (NASDAQ: CMCSA) CEO Brian Roberts approached EA CEO Andrew Wilson […]
Dexcom In Talks To Acquire Insulet, Create a Giant In Diabetes Devices: Bloomberg
Dexcom Inc (NYSE: DXCM) is reportedly in talks to acquire medical-device company Insulet Corporation (NASDAQ: PODD) to create a giant in diabetes devices, according to people with knowledge of the matter. According to Bloomberg, talks between the companies are ongoing, and an agreement could be reached in the coming weeks. Discussions could still be delayed or fall apart, the people said. […]
Could Apple, Amazon Or Disney Acquire A Gaming Company? Why Electronic Arts Stock Is Rising
Electronic Arts Inc (NASDAQ: EA) shares are trading higher Monday following reports the company is exploring a sale. According to a Puck report, EA is actively looking for a buyer and has already held talks with several suitors including Apple Inc (NASDAQ: AAPL), Amazon.com Inc (NASDAQ: AMZN) and Walt Disney Co (NYSE: DIS). EA is reportedly open to […]
Google’s Pixel Watch Is Reportedly Using Outdated Chip
Google, a subsidiary of Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG), said recently it is coming out with the Pixel Watch this fall but now details have emerged that the wearable is underpinned by a four-year-old processor. What Happened: The Google Pixel Watch is using the same Exynos 9110 chip that powered the Galaxy Watch’s 2018 […]
Brookfield Asset Management Nears One Of 2022’s Biggest Take-Privates In UK: Bloomberg
Brookfield Asset Management Inc (NYSE: BAM) is nearing a takeover of UK-based emergency household repairs provider HomeServe Plc, reported Bloomberg. According to people familiar with the matter, the deal would be one of the U.K.’s largest take-private transactions this year. The deal is set to value HomeServe plc (OTC: HMSVF) at about … Full story available on Benzinga.com Read More
Welltower Made All-Cash $5B Bid For Healthcare Realty Trust: WSJ
Welltower Inc (NYSE: WELL), a healthcare-focused real estate investment trust, has reportedly made a nearly $5 billion all-cash bid for Healthcare Realty Trust Incorporated (NYSE: HR), according to people familiar with the matter. Welltower, with a market value of roughly $41 billion, has a portfolio of senior housing, rehabilitation centers, and medical offices. Healthcare Realty deal would … Full story […]
Elon Musk Will Return Twitter To Public Ownership In About 3 Years After Takeover: Report
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has told potential investors he plans to return Twitter Inc (NYSE: TWTR) to public ownership in as little as three years after completing the takeover, The Wall Street Journal reported on Tuesday, citing people familiar with the matter. What Happened: The billionaire entrepreneur has agreed to buy Twitter for $44 billion and take it private, a platform where he has […]
Citigroup In Talks With Potential Buyers For Russia Retail Ops: Bloomberg
Chief Executive Officer Jane Fraser said that Citigroup Inc (NYSE: C) is reportedly in “active dialog” with potential buyers of its consumer and commercial banking operations in Russia. Investors had grown increasingly concerned that Russia’s invasion of Ukraine and the resulting financial sanctions upon many of Russia’s largest banks — would thwart Citigroup’s efforts to exit its […]
Unconfirmed Reports Claim Putin To Undergo Cancer Surgery, Temporarily Transfer Power To Ex-KGB Chief
Unconfirmed reports are surfacing that Russian President Vladimir Putin is preparing to undergo cancer surgery and will temporarily transfer his authority to Nikolai Patrushev, head of the Russian federal police’s Security Council, while he is undergoing the medical procedure. What Happened: A Russian-language Telegram channel called “General SVR” first reported the news in a posting […]
The Daily Biotech Pulse: FDA Approves Bristol Myers’ Oral Heart Disease Drug, European Approval For Merck’s Keytruda, Genocea Restructures, Zymeworks’ Takeover Bid
Here’s a roundup of top developments in the biotech space over the last 24 hours. Stocks In Focus Bristol Myers’ Oral Heart Disease Drug Scores FDA Approval The FDA has approved Bristol Myers Squibb & Co’s (NYSE: BMY) Camzyos (mavacamten) for obstructive hypertrophic cardiomyopathy (obstructive HCM) to improve functional capacity and symptoms. Camzyos is the first and only […]