Merger Deals

[Wolf]

So one gay guy buys another gay guy for couple billion. What do I have to do to get bought off?

Yes, I know Gianni Versace was killed by a gunman. I never watched the FX TV show.

 

[HecticArt]

That's a lotta Sace.....

 

[scotchandcigar]

Sonic sold to Arby's and Buffalo Wild Wings owner for $2.3 billion

 

[HecticArt]

That's a lotta totts.....

 

[Evil_Ernie]

That's a lotta totts.....

More like a lotta potato cakes!

 

[HecticArt]

More like a lotta potato cakes!

Mmmmmmm potato cakes.......

 

[Wolf]

In the beginning there is sad news, quite a few people will lose there jobs because of the merger. But I'm glad the deal is closing sooner then expected and maybe no wonder they re-shoot the ending for Avengers 4. Who knows maybe the X-Men and Fantastic Four may show up.

The Disney-Fox Acquisition Deal Will Close by Jan. 1, 2019 - IGN

Disney-Fox Deal Will Close Sooner Than Expected, According to Peter Rice

 

[Wolf]

Disney Completes $71.3 Billion Acquisition of 21st Century Fox

Now Universal needs to hand the rights over to Disney for the Hulk universe and we are all set.

 

[JHDK]

Michael Eisner is my Disney CEO. I loved how he was so into the parks and grew them in a major way. And he green lit Splash Mountain so I will forever love him. Iger is certainly cementing his legacy with deals like this though.

 

[Channel98]

The Renault company was founded in February 1899 in France. Five months later, Fiat was founded in Italy. A proposed $35 billion merger would create the world's third-largest automobile manufacturer behind Volkswagen and Toyota.

Fiat Chrysler proposes merger with Renault
The deal would involve no plant closures but a statement didn't address potential job cuts.

Fiat Chrysler aims to form world's third biggest automaker

 

[Channel98]

Early this morning, Fiat withdrew its bid to merge with Renault. Financial Times quotes an unnamed "person briefed on the matter" as saying the bid was withdrawn because the French government and unions were "doubtful" about Fiat's reassurances that no jobs would be lost. I'm doubtful that is the real reason. And don't ask me to explain why the link says "Are you a robot?" I can't.

The deal that ran out of road: How the Fiat-Renault merger died

Bloomberg - Are you a robot?

 

[scotchandcigar]

From a purely Formula 1 fan's perspective, Fiat owns Ferrari, and Renault is one of the big competitors to them. So I don't know how that would've worked.

 

[Channel98]

Elliott Management owns Waterstones Booksellers, which was founded in 1982 and now has 283 stores in the UK, Ireland, Belgium and the Netherlands. Waterstones is profitable, although not by much. Waterstones CEO James Daunt will also head Barnes & Noble. Can he make the chain profitable? It will be a, um, daunting task.

Barnes & Noble sold to hedge fund Elliott Management for $476 million

Barnes & Noble's new chapter: Its sale to hedge fund Elliott Management

 

[Channel98]

Doesn't every big merger "hurt competition and raise prices"? The only people who wouldn't be hurt by a Sprint-T-Mobile merger are the robocallers. For them, it will just be business as usual.

Ten states sue to block T-Mobile merger with Sprint
They believe the union would hurt competition and raise prices.

https://www.engadget.com/2019/06/11/ten-states-sue-to-block-t-mobile-sprint-merger/c

 

[Wolf]

There some talks of CBS and Viacom may re-merge?

Shari Redstone, Joe Ianniello in Spotlight as CBS and Viacom Pursue Merger Talks Again

CBS Is Reportedly Preparing an Offer to Re-Merge With Viacom – Adweek

 

[Channel98]

If this deal is approved by regulators and shareholders, the merged company will own 60 resorts and casinos in 16 states. Eldorado came to buy Caesars, not to praise it. (Ouch!)

High rollers: Eldorado Resorts buys Caesars Entertainment in deal valued at $17.3 billion

High rollers: Eldorado buys Caesars in deal valued at $17B

 

[Channel98]

Who could ever have imagined that millions of real people would spend money to see people made of plastic and people made of wax?

Lego joint venture to acquire Merlin Entertainments, parent company of Legoland and Madame Tussauds, for $6.1 billion

https://www.bizjournals.com/tampaba...joint-venture-to-acquire-legoland-parent.html

 

[Channel98]

I predict the day will come when Verizon, AT&T, Sprint and T-Mobile join to form one huge company. It will of course be called VAST.

Justice Department OKs T-Mobile's $26.5 billion takeover of Sprint despite fears of higher prices and job cuts

T-Mobile's $26.5B Sprint deal OK'd despite competition fears

U.S. regulators approve T-Mobile's $26.5 billion takeover of rival Sprint

abcnews.go.com

 

[Wolf]

Wasn't it in the late 90's or early 2000's Cingular wireless acquired AT&T and they went with the name AT&T because the name was bigger.

So once Sprint/T-Mobile finally merge, which company name will they go with? I think Sprint because the name is older, but personally I think T-Mobile is bigger.

I predict the day will come when Verizon, AT&T, Sprint and T-Mobile join to form one huge company. It will of course be called VAST.

Justice Department OKs T-Mobile's $26.5 billion takeover of Sprint despite fears of higher prices and job cuts

T-Mobile's $26.5B Sprint deal OK'd despite competition fears

U.S. regulators approve T-Mobile's $26.5 billion takeover of rival Sprint

abcnews.go.com

I wouldn't imagine that could happen one day. Hell the government isn't stopping monopoly companies or one big corporation buying another big one anymore.

Don't you mean VAS or VAT now? Since one of them will go bye bye.

 

[Channel98]

VAS is an anatomical vessel and VAT is a large cistern, tub or barrel for liquor or dye. VAST means "great in size, amount, degree, intensity or range." Please don't over-analyze or disparage my clever lines. Thank you.