Stock Analysts

What’s in Store for M&T Bank (MTB) from Hudson Merger?

After three failed attempts, Buffalo-based M&T Bank Corporation MTB finally managed to close its long-delayed merger with Hancock Holding Company on Nov 1. However, the path has not been an easy one for M&T in terms of approximate merger consideration as well as the acquired portfolio. This is because, based on the transaction terms, the cash-and-stock deal is reportedly valued at $5.5 billion, which is considerably higher than the estimated value of $3.7 billion when the deal was initially inked in Aug 2012. […]

Stock Analysts

Shire to Buy Dyax for $5.9B Plus CVR, Boost HAE Portfolio

Shire plc SHPG , which has been looking to acquire Baxalta Incorporated BXLT , has agreed to acquire biotech company Dyax Corp. DYAX for an upfront consideration of about $5.9 billion. Dyax’s shareholders will also receive a non-tradable contingent value right (CVR) worth $4.00 in cash representing an additional $646 million. […]

Mergers & Acquisitions

T3 Live, LLC Acquires Pristine Capital Holdings, LLC

T3 Live, LLC Acquires Pristine Capital Holdings, LLC PR Newswire NEW YORK, Nov. 3, 2015 NEW YORK , Nov. 3, 2015 /PRNewswire/ — T3 Live, LLC (“T3 Live”), a global leader in the education of active traders and investors has entered into an agreement to purchase the assets of the Pristine Capital Holdings, Inc. […]

Mergers & Acquisitions

Harwood Feffer LLP Announces Investigation of Targa Resources Partners LP

Harwood Feffer LLP Announces Investigation of Targa Resources Partners LP PR Newswire NEW YORK, Nov. 3, 2015 NEW YORK , Nov. 3, 2015 /PRNewswire/ — Harwood Feffer LLP ( www.hfesq.com ) is investigating potential claims against the board of directors of Targa Resources Partners LP (“Targa” or the “Company”) (NYSE: NGLS) concerning the proposed acquisition of the Company by Targa Resources Corp […]

Stock Analysts

Will News Corp. (NWSA) Q1 Earnings Disappoint Investors?

News Corporation NWSA , the diversified media conglomerate, is slated to report first-quarter fiscal 2016 results on Nov 5. The big question facing investors now is, whether the company will be able to deliver a positive earnings surprise in the quarter to be reported. In the trailing four quarters, News Corporation outperformed the Zacks Consensus Estimate by an average of 49.1% […]