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Tag: Mergers adn Acquisitions
CARL ICAHN: The $67 billion Cigna-Express Scripts merger may ‘rival the worst acquisitions in corporate history’
The billionaire investor Carl Icahn is not a fan of Cigna's plan to purchase the pharmacy benefit manager Express Scripts, a $67 billion deal that was announced in March. In a letter to Cigna stockholders sent Tuesday, Icahn said the deal "may well rival the worst acquisitions in corporate history."
Facebook would "love" to acquire Snap Inc. if the stock dipped to $14 per share, FBN Securities analyst Shebly Seyrafi said in a note to clients on Thursday.
These comments by Salesforce CEO Marc Benioff convinced investors he’s not buying Twitter — and the stock is popping
Salesforce CEO Marc Benioff made a few comments during Wednesday's investor meeting that indicate he's likely not buying Twitter.
By selling LinkedIn to Microsoft, LinkedIn CEO Jeff Weiner, and the company's other named officers, will be making a pretty penny.
Bidders include Verizon, YP Holdings, TPG, and a group of investors comprised of Bain Capital and Vista Equity Partners, as well as one or two unnamed firms.