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Roughly 42% of multibillion-dollar deals leak early — and the scoops are hurting companies’ marketing strategies
Leaks bring vastly decreased media attention on announcement day as readers already digested the news, communications firm Abernathy MacGregor found.
The Italian ski wear maker's stock soared more than 10% on the report.
"I may not understand all of the products that they sell and I may not understand what the customers who buy the products do with them, but I do understand the middleman's role."
"I told the president I would buy something significant in the US, but I didn't tell him the name," Bernard Arnault told the Financial Times.
‘Merger Monday’ is back, with more than $60 billion of deals announced today. Here are the 5 biggest.
Major deals such as mergers and aquisitions are often announced on Mondays because company boards typically vote on Sundays.
Together, the two discount brokerages will boast 24 million customer accounts and handle more than $5 trillion in client assets.
Xerox threatens to take its acquisition bid directly to shareholders if HP doesn’t rethink its offer
Xerox was "very surprised" to hear of the rejection and is "determined to expeditiously pursue" the buyout, CEO John Visentin wrote Thursday.
The purchase will ring in at roughly $26 billion and allow Schwab to better compete with Fidelity, Interactive Brokers and E*Trade.
PayPal plans to acquire shopping and deal-hunting platform Honey for $4 billion, its largest acquisition to date.
PayPal's stock price dropped more than 2% in extended trading after the announcement.