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Everyday Health Receives $10.50/Share Cash Offer From j2
Friday, October 21, 2016 - 11:14am | 329Everyday Health Inc (NYSE: EVDY) disclosed that it struck a definitive deal with Ziff Davis, LLC, which comprises J2 Global Inc (NASDAQ: JCOM), enabling the latter to buy it for $10.50 a share in cash. This would translate in an enterprise value of approximately $465 million. The agreement involves...
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Lyft Hires Investment Bank Qatalyst Partners
Tuesday, June 28, 2016 - 12:42pm | 134The Wall Street Journal reported ride share service Lyft has hired Qatalyst Partners to contact automakers about acquiring a stake in company. Lyft said after its most recent funding round in January it was valued at $5.5 billion. Qatalyst acted as advisor for Microsoft's acquisition of...
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Ancestry.com Rumored on the Verge of a Buyout
Wednesday, July 25, 2012 - 12:53pm | 345Ancestry.com (NASDAQ: ACOM), the online family history resource, is said to be in buyout discussions with private equity firm Providence Equity Partners. Benzinga reported Tuesday that an Ancestry.com spokesperson had no comment on the New York Times report regarding possible private equity talks...
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GoDaddy.com Nabs $2.5 Billion in Sale to KKR and Silver Lake
Friday, June 24, 2011 - 11:28am | 121Business Insider, the Wall Street Journal and others are reporting that KKR (NYSE: KKR), Silver Lake, and a third investment group are set to acquire GoDaddy.com for $2.5 billion. Previously owned by Qatalyst Partners, the domain name giant has been up for sale for more than nine months. Business...
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Frank Quattrone: Back In The Game, Out Of The Spotlight (DELL, HPQ, TXN, NSM)
Thursday, April 7, 2011 - 10:45am | 277From Dell (NASDAQ: DELL) and Hewlett-Packard's (NYSE: HPQ) battle for 3Par to Texas Instruments' (NYSE: TXN) $6.5 billion acquisition of National Semiconductor Corporation (NYSE: NSM), Frank Quattrone has been an influential figure. As the leading investment banker in Silicon Valley, Quattrone has...
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Falcone's Harbinger Capital Buys 9.5% Stake In Palm (PALM)
Wednesday, April 14, 2010 - 3:36pm | 365The shares of troubled smartphone manufacturer Palm Inc. (NASDAQ: PALM) are getting a boost today as Philip Falcone's Harbinger Capital Partners has disclosed a new 9.5% stake in the company. On the day, PALM shares have gained 5.43% and are currently trading at $5.44. The stock has been...
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Palm Considering Sale, Stock Gains 17% On News (PALM)
Monday, April 12, 2010 - 12:45pm | 284According to reports, Palm, Inc. (NASDAQ: PALM) has hired bankers in order to explore options, including a sale of the company. The shares have surged over 17% today to $6.04 on the news of a possible buyout. PALM is working with Goldman Sachs (NYSE: GS) and Frank Quattrone's Qatalyst Partners. The...