Robert's Feed
May 12, 2015
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Verizon’s dumb pipes no smarter with $4.4 bln AOL

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Verizon’s dumb pipes become no smarter by running $4.4 billion AOL through them. Seeking refuge from a vicious wireless war, the U.S. telecom carrier is buying the custodian of the Huffington Post and old internet dial-up customers. AOL’s video ad tech business may be the ostensible prize, but it faces many threats. This is just another silly deal involving a company best known for its involvement in a catastrophic one.

May 12, 2015
via Breakingviews

Verizon’s dumb pipes no smarter with $4.4 bln AOL

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Verizon’s dumb pipes become no smarter by running $4.4 billion AOL through them. Seeking refuge from a vicious wireless war, the U.S. telecom carrier is buying the custodian of the Huffington Post and old internet dial-up customers. AOL’s video ad tech business may be the ostensible prize, but it faces many threats. This is just another silly deal involving a company best known for its involvement in a catastrophic one.

May 6, 2015
via Breakingviews

Alexion puts high stock to good use in biotech bid

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Alexion Pharmaceuticals is putting its high-flying stock to good use. The drugmaker’s $8.4 billion offer for rival Synageva BioPharma includes an astonishing 136 percent premium. The stonking price is based on the rare disease specialist’s view that investors underestimate its target’s value. Exchanging a chunk of pricey paper for those assets may be a savvy move.

May 6, 2015
via Breakingviews

Alexion puts high stock to good use in biotech bid

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Alexion Pharmaceuticals is putting its high-flying stock to good use. The drugmaker’s $8.4 billion offer for rival Synageva BioPharma includes an astonishing 136 percent premium. The stonking price is based on the rare disease specialist’s view that investors underestimate its target’s value. Exchanging a chunk of pricey paper for those assets may be a savvy move.

May 6, 2015
via Breakingviews

Would Microsoft really want to own Salesforce?

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Would Microsoft really want to own Salesforce.com? Buying the cloud-based, customer-service software maker could make businesses less likely to ditch Office. It might, however, cost Microsoft about $60 billion, a greater sum than it has spent on all its previous deals combined. A bold bet for boss Satya Nadella would create earnings dilution that irritates his shareholders.

May 6, 2015
via Breakingviews

Would Microsoft really want to own Salesforce?

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Would Microsoft really want to own Salesforce.com? Buying the cloud-based, customer-service software maker could make businesses less likely to ditch Office. It might, however, cost Microsoft about $60 billion, a greater sum than it has spent on all its previous deals combined. A bold bet for boss Satya Nadella would create earnings dilution that irritates his shareholders.

Apr 30, 2015
via Breakingviews

Salesforce’s slow growth may prompt hunt for buyer

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Salesforce.com’s slowing growth makes this a good time to seek a suitor. The $47 billion software outfit is on the market, according to Bloomberg. Oracle and Microsoft are looking to beef up cloud computing operations, putting them in the forefront of possible buyers. Founder Marc Benioff has been offloading shares steadily, and persistent losses and disappointing revenue growth could tempt him to hawk the whole thing.

Apr 28, 2015
via Breakingviews

Huge Apple payouts play catch-up with China growth

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Apple can’t pay out its readies fast enough. The $760 billion iPhone-making money machine is adding $50 billion more to its buyback plans. Throw in an increased dividend, and the total set to go back to shareholders between 2012 and 2017 is an eye-watering $200 billion.

Apr 27, 2015
via Breakingviews

Pharma Arbageddon fears keep traders on sidelines

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

Fear is keeping traders on the sidelines of the latest pharma mega-deals. Teva Pharmaceutical Industries is offering $40 billion for Mylan, which has put $33.5 billion on the table for Perrigo. These would usually be catnip for M&A punters. But recent failures have made them skittish. And these two hostile battles come with cross-border complexity, antitrust and a poison pill. No wonder arbs are wary.

Apr 27, 2015
via Breakingviews

Pharma Arbageddon fears keep traders on sidelines

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

Fear is keeping traders on the sidelines of the latest pharma mega-deals. Teva Pharmaceutical Industries is offering $40 billion for Mylan, which has put $33.5 billion on the table for Perrigo. These would usually be catnip for M&A punters. But recent failures have made them skittish. And these two hostile battles come with cross-border complexity, antitrust and a poison pill. No wonder arbs are wary.

    • About Robert

      "Robert Cyran, U.S. tech columnist, joined Breakingviews in London in 2003 and moved four years later to New York, where he continues to cover global technology, pharmaceuticals and special situations. Robert began his career at Forbes magazine, where he assisted in the start-up of the international version of the magazine. Before working at Breakingviews he worked as a market researcher and reporter covering the pharmaceutical industry. Robert has a Masters degree in economics from Birmingham University and an undergraduate degree from George Washington University."
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