Robert's Feed
Oct 14, 2015
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TripAdvisor’s Priceline deal leaves rivals in dust

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

TripAdvisor’s deal with the Priceline Group could leave rivals in the dust. The $12 billion travel-review website already had plenty of visitors, but its dependence on advertising made it a laggard among peers. Sharing business with the hotel-booking powerhouse gives it additional fee revenue and a shot at becoming a one-stop tourist spot.

Oct 12, 2015
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EMC investors get $67 bln ticket out of trouble

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

Investors in EMC have received a $67 billion ticket out of trouble. Michael Dell, his company, private equity firm Silver Lake and others are paying $33.15 a share, by their reckoning, for the data storage-based tech conglomerate. Most of the premium on offer comes as a flaky tracking stock in EMC subsidiary VMware. But the deal beats the feasible alternatives.

Oct 8, 2015
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Dell’s gnarly $50 bln EMC idea smells of peak M&A

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

Dell’s gnarly idea to buy EMC smells of peak M&A. The privately held PC maker may offer to buy the $50 billion publicly traded data-storage firm, according to news reports. EMC’s size is one challenge; the scale of borrowing needed is another; and there’s the complexity of spinning off part of EMC’s majority stake in its separately listed $35 billion subsidiary VMware.

Oct 8, 2015
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Dell’s gnarly $50 bln EMC idea smells of peak M&A

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

Dell’s gnarly idea to buy EMC smells of peak M&A. The privately held PC maker may offer to buy the $50 billion publicly traded data-storage firm, according to news reports. EMC’s size is one challenge; the scale of borrowing needed is another; and there’s the complexity of spinning off part of EMC’s majority stake in its separately listed $35 billion subsidiary VMware.

Oct 5, 2015
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New Twitter CEO flaps with one wing behind back

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

Twitter’s new chief executive is flapping with one wing tied behind his back. Co-founder Jack Dorsey is now the micro-blogging site’s permanent chief executive, the company said on Monday – oddly after waiting five days to reveal its decision. The board has also gone back on its stipulation that it would only consider full-time candidates. Dorsey is to remain the boss at payments company Square.

Oct 5, 2015
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New Twitter CEO flaps with one wing behind back

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

Twitter’s new chief executive is flapping with one wing tied behind his back. Co-founder Jack Dorsey is now the micro-blogging site’s permanent chief executive, the company said on Monday – oddly after waiting five days to reveal its decision. The board has also gone back on its stipulation that it would only consider full-time candidates. Dorsey is to remain the boss at payments company Square.

Sep 29, 2015
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Yahoo’s Alibaba spinoff troubles may outlast boss

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

The troubles with Yahoo’s spinoff of Alibaba could last longer than Marissa Mayer. The internet firm’s boss says the company still plans to rid itself of a $22 billion stake in the Chinese e-commerce company. Whether the deal will be tax-free, though, is an issue that authorities could take years to resolve. With Yahoo’s business stagnant and competition rising, the chief executive may be gone before the wrangling ends.

Sep 9, 2015
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Yahoo headaches stretch beyond Alibaba

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

Yahoo’s headaches stretch beyond Alibaba. The U.S. authorities will not bless the Internet company’s plans to separate its $23 billion Alibaba stake in a tax-free transaction. Yahoo may still try and move ahead, hoping it won’t owe the government money if it proceeds, but the hefty discount attached to this stake implies the plan is troubled – as is the company’s core business.

Sep 9, 2015
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Yahoo headaches stretch beyond Alibaba

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

Yahoo’s headaches stretch beyond Alibaba. The U.S. authorities will not bless the Internet company’s plans to separate its $23 billion Alibaba stake in a tax-free transaction. Yahoo may still try and move ahead, hoping it won’t owe the government money if it proceeds, but the hefty discount attached to this stake implies the plan is troubled – as is the company’s core business.

Sep 8, 2015
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Mylan $28 bln offer not good enough for Perrigo

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

Mylan’s $28 billion tender offer for rival Perrigo, which launches next week, isn’t good enough. The generic drug firm’s hostile bid for the over-the-counter medicine maker carries a stingy premium and comes mostly in paper. Perrigo’s owners don’t need to swap stock in a shareholder-unfriendly company with bad governance and financial risk when an auction might generate a better result.

    • 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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