On July 25, 2016, it was announced that Verizon would buy Yahoo for $4.83 billion.1 On September 22, 2016, Yahoo announced that personal data from at least 500 million accounts was stolen back in 2014.2 During a merger and acquisition, both parties undergo an extensive due diligence process. Part of this process does includes the…
Tag: M&A
The Verizon-Yahoo Merger
The Deal In July 2016, Verizon announced plans to acquire Yahoo for $4.8 billion.1 The announcement followed a period of decline for Yahoo, and an unsuccessful attempt to shift the company’s operation towards the mobile market. The company made numerous acquisitions, including social media site Tumblr, in an effort to broaden its audience.2 However, despite…
The Modern Merger
The business world welcomed news of Pfizer’s plans to acquire Allergen in a $160 billion deal.1. The merger not only represents the biggest pharmaceutical merger of all time, but is also viewed as an indication that the business world is back on its feet as deal activity is surpassing all pre-recession metrics.2. While many positives…
Brewing the Beerhemoth: Challenges Facing the AB InBev-SABMiller Deal
On Tuesday, October 13, the world’s two largest beer companies agreed to a proposed $104 billion takeover of London-based SABMiller by industry leader AB InBev. The Merger would be third-largest in history if the deal is completed, and the combined brewer would command about 30% of the global beer market by volume and about 70%…
ANHEUSER-BUSCH AND SABMILLER APPROACH A MERGER DEAL
After weeks of tense negotiations and a very public standoff between the two companies, Anheuser-Busch InBev has finally managed to convince SABMiller PLC to accept their takeover bid of $104.2 billion dollars (approximately $68 per share), meaning they are poised to “dominate much of the world’s beer market.”1 Negotiations stretched over weeks between officers of…
As tech acquisitions increase, shareholders’ voices diminish even further
Two of world’s largest technology companies, Facebook and Google, both opted for a dual-class capitalization structure for their respective initial public offerings (IPOs).1 Under this dual-class structure, the public holds Class A common stock with only one vote per share, while an insider’s Class B common stock is entitled to multiple votes per share.2 This…