1. Articles from Theron Mohamed

    1-6 of 6
    1. Two Companies Backed by Warren Buffett Strike Deals Worth a Combined $8.6 Billion

      Two Companies Backed by Warren Buffett Strike Deals Worth a Combined $8.6 Billion
      • Two companies that count Warren Buffett as a shareholder announced acquisitions this week.
      • Liberty Global has agreed to buy Swiss telecoms rival Sunrise Communications for $7.5 billion in cash, while Brazilian payments group StoneCo is set to acquire software group Linx for $1.1 billion in cash and stock.
      • Assuming Buffett's Berkshire Hathaway hasn't altered its stakes in the two companies, they are currently worth a combined $1.3 billion...
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    2. A Former WeWork Employee is Suing Over Adam Neumann's $1.7 Billion Golden Parachute

      A Former WeWork Employee is Suing Over Adam Neumann's $1.7 Billion Golden Parachute
      • A former employee is taking WeWork to court over cofounder Adam Neumann's reported $1.7 billion golden parachute.
      • Natalie Sojka's lawsuit accuses Neumann and other WeWork directors of benefiting themselves at the expense of minority shareholders as their actions have "eviscerated" the value of WeWork stock and stock options...
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      Mentions: IPO SoftBank lawsuit
    3. Abbvie is Buying Botox-Maker Allergan in a $63 Billion Pharma Mega-Deal

      Abbvie is Buying Botox-Maker Allergan in a $63 Billion Pharma Mega-Deal
      • AbbVie has agreed to buy Allergan in a $63 billion cash-and-stock deal.
      • Allergan shareholders will receive 0.8660 AbbVie shares and $120.30 in cash for each Allergan share that they hold, totaling $188.24 per Allergan share.
      • The offer represents a 45% premium to the closing price of Allergan's shares on Wednesday...
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    4. Renault Shares are Tanking After Fiat Chrysler Scrapped their Mega-Merger

      Renault Shares are Tanking After Fiat Chrysler Scrapped their Mega-Merger
      • Renault shares plunged 8% on Thursday morning after Fiat Chrysler pulled its offer for the French carmaker.
      • French government officials on Renault's board postponed making a decision on Wednesday.
      • Renault wanted more time to secure the support of long-time rival Nissan.
      • "It has become clear that the political conditions in France do not currently exist for such a combination to proceed successfully," Fiat Chrysler said...
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    5. Breaking News: 2 of America's Biggest Waste-Management Companies are Joining Forces in a $4.9 Billion Deal

      Breaking News: 2 of America's Biggest Waste-Management Companies are Joining Forces in a $4.9 Billion Deal
      • Waste Management and Advanced Disposal, two of America's largest waste-management companies, are joining forces in a $4.9 billion deal.
      • Advanced Disposal's shares surged 20% on the news.
      • The tie-up is expected to immediately boost earnings and cash flow, and generate $100 million in annual savings by cutting costs and slashing capital spending...
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    6. Chevron is Buying Anadarko in a $33 Billion Oil Megadeal

      Chevron is Buying Anadarko in a $33 Billion Oil Megadeal
      • Anadarko Petroleum is being bought by Chevron Corporation in a $33 billion megadeal, sending Anadarko's shares up by 30%.
      • Chevron, the world's third-largest energy company expects the deal to enhance its shale, deepwater, and natural gas operations.
      • Chevron expects to realize $2 billion in synergies from the deal, but take on $15 billion in debt.
      • It plans to divest between $15 billion and $20 billion of assets between 2020 and 2022, allowing it to slash debt and return cash to shareholders...
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      Mentions: acquisition Chevron
    1-6 of 6
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    Chevron is Buying Anadarko in a $33 Billion Oil Megadeal Breaking News: 2 of America's Biggest Waste-Management Companies are Joining Forces in a $4.9 Billion Deal Renault Shares are Tanking After Fiat Chrysler Scrapped their Mega-Merger Abbvie is Buying Botox-Maker Allergan in a $63 Billion Pharma Mega-Deal A Former WeWork Employee is Suing Over Adam Neumann's $1.7 Billion Golden Parachute Two Companies Backed by Warren Buffett Strike Deals Worth a Combined $8.6 Billion Wynn Resorts Announces New Appointment To Board Of Directors WeWork's Chairman said Adam Neumann 'may have violated' the Terms of his $185 Million Consulting Contract With his Former Company, and That it's is no Longer in Effect Building More Ethical Organizations Begins At The Top Sheryl Wilkerson Ascends to Energous Board of Directors Starboard Says it Now Owns 9% of ACI Worldwide, Stock Gains Board of Director Changes Announced at Dynex Capital, Inc.