#acquisition

I got picked! I am actually thrilled. Since Allstate bought out NatGen, it’s been a sh-t show.

A moment of silence for the folks at the company f.k.a. AuthMind.

https://www.streetinsider.com/Corporate+News/IBM+acquires+AuthMind+to+expand+AI+agent+identity+security/27331211.html

​I’ve been here five years, pre-dating the Pagero acquisition. It used to be a decent place to work.

Today, it’s a masterclass in corporate self-sabotage.

​Leadership is gutless and incompetent.
The European leadership, from the MD down to every single manager under her, is the most thoroughly useless group of people I’ve ever worked for.

The executive level is no better. The new president hasn't got a clue what is going on, and the previous one was just a tyrant. Management positions are simply handed out as participation trophies to people who have hung around long enough, regardless of whether they have ever actually done the job.

They have zero industry experience, zero strategy, and zero spine. At month-end, they’ll breathe down your neck to pull in deals just to pad their fragile forecasts. But the second a customer escalates an issue? Absolute ghost town.

They're glorified spreadsheet jockeys who would rather hide behind a monitor than pick up a phone and face an angry client.

​The legal division is bleeding out.

Don't even get me started on the legal side, which is where I am based. Agile competitors like Legora and Harvey are absolutely destroying us.

Our grand answer was Coco, which is a masterclass in delivering nothing. It is barely an upgrade and it arrived far too late to make a difference.

To add insult to injury, the year-on-year price increases are an absolute joke. Reps are haemorrhaging renewals on an hourly basis because we are charging a premium for a second-rate platform.

​Operations are a daily car crash.

The bare basics do not function. Internal sales systems don't talk to each other, billing is a daily disaster, and delivery manages to botch almost every single deal we close. I don't sell anymore; I’m just a full-time professional apologiser.
​Pay is outright theft.

Management actively robs reps by stripping deals away from them so they don’t get paid. My target has skyrocketed by 70% over the last three years, while my OTE hasn't moved a single penny. That is a massive, insulting pay cut, yet they demand you bleed for this place while giving you zero support.

​Product teams live in a fantasy world.
They are completely detached from the reality our customers face. They’re more obsessed with padding their egos on conference stages and webinars than ensuring the tech actually functions. And just like leadership, when the product inevitably breaks, they immediately go into hiding.

​The $800m Pagero sla-ghter.

TR blew $800m on Pagero, a genuinely fantastic product with a stellar reputation. Their genius strategy? Erase the brand, bleed out the top-tier talent who actually built it, and drive it straight into a brick wall.

They buy things they don’t understand and systematically destroy them.

​The bottom line:

Competitors are all over us, customers are absolutely fed up, and senior leadership refuses to take a shred of accountability for the mess they've created.

​Would I recommend working here?

Not a chance in he-l. If you get an offer, run.

If you’re already inside, update your CV yesterday.

This is a hopelessly broken, completely fu---d up company run by cowards who haven't got a clue.

I keep seeing G2 in this board. Please give me some hints or at least the initials of their name.

Since Extreme might be acquired by Cisco, I need to get used to the Cisco message board!

To top off this glorious performance by our SLT…today the founders of Poppi launched a product directly targeting Gatorade. They’re laughing all the way to the bank while flipping Pepsi the bird. Truly amazing Pepsi bought Poppi from them for most $2B but didn’t think to add a clause in the purchase to prohibit them from launching another product directly in competition with another Pepsi product?!?!?! If this isn’t cause for the whole lot of SLT to be replaced, what next hairbrained move will they make to nail the final nails in the coffin??? (Project. Mustang, Poppi and now the Jetty Hydration debacle.) I can’t make this sh-t up - truly remiss!!!!

Amazing times.

See:
https://www.sdxcentral.com/news/cisco-fortinet-eye-extreme-networks-buy-report-states/

Massive consolidation in the dc space. Makes sense and nutanix is cheap.

https://www.sdxcentral.com/news/cisco-fortinet-eye-extreme-networks-buy-report-states/

From 2008 - 2026 the U.S. Stock Market has had an average return of 11.65% PER YEAR. When CVS purchased Aetna, the sell price was $80.71 per share. In 8 YEARS, we (as well as the entire investor community) have had a 0% return on the CVS stock. 0%!! I do not understand AT ALL, why they would keep the CVS name in the health care business company going forward. NOBODY in their right mind wants to invest in any ticker that begins with "CVS". They are complete id--ts for not using this opportunity to rebrand back to Aetna and bring back the AET ticker, so people will feel a little more confident investing in us. Nobody wants to throw their money at a company with a name that basically sounds like "a doomed dr-gstore".

Swiss banking giant UBS has reportedly eliminated approximately 200 positions in its London operations. These reductions occurred over recent weeks and impacted various business divisions within the bank. The job cuts are part of UBS's ongoing integration efforts following its acquisition of Credit Suisse. Affected areas include wealth management and investment banking. Some employees may be offered alternative roles within the company.

London, United Kingdom

https://www.ndtvprofit.com/business/ubs-layoffs-banking-giant-cuts-about-200-jobs-who-will-get-affected-12285354

A new analysis of over 300 game studios acquired in the last 25 years reveals a troubling trend of decline and closure. Approximately 61% of these studios experienced reduced game sales, lower review scores, or outright shutdowns after being bought by larger companies. This pattern has intensified recently, with a significant surge in closures since 2023. The identity of the acquiring company appears to be the most critical factor in a studio's post-acquisition fate. While some publishers like Activision Blizzard and Disney have a history of negative outcomes, others such as Nintendo and Sumo Group have maintained a strong track record of success.

https://www.techspot.com/news/114450-third-acquired-game-studios-have-shut-down-since.html

Fortune 500 company Jabil is reducing its workforce by 94 employees. These layoffs will occur in December at a manufacturing site in Hunt Valley. Jabil acquired this dr-g manufacturing center last year. The company has not provided a reason for the workforce reduction. This action impacts employees at the acquired facility.

Hunt Valley, Maryland

https://www.capitalgazette.com/2026/11/04/jabil-layoffs-hunt-valley/

Knights Group has completed its acquisition of Moore Barlow, a South East England law firm. This integration has led to redundancies among business services staff. Approximately 150 non-legal roles were eliminated following the deal's finalization. The company has not officially commented on the specific number of affected employees. No lawyer positions were impacted by these changes.

Guildford, United Kingdom

https://www.cityam.com/london-listed-knights-recent-acquisition-results-in-staff-layoffs/

• UnitedHealth Group (NYSE:UNH) is facing renewed breakup calls from Senator Elizabeth Warren after its Amedisys acquisition settlement.

• Warren has urged federal regulators to revisit antitrust concerns around UnitedHealth's growing role across insurance, care delivery, and home health.

• Mark Cuban has warned that artificial intelligence could disrupt or "collapse" large healthcare players, explicitly citing UnitedHealth as vulnerable.

• The Warren breakup push and Cuban's AI warning only capture one slice of what is changing around UnitedHealth Group today. Take a look at 4 other big wins we have identified for UnitedHealth Group.

https://finance.yahoo.com/healthcare/articles/unitedhealth-group-unh-draws-breakup-151157985.html

Xerox saved Lexmark from being wiped out as a wholely owned subsidiary (since 2016) of Ninestar Corp (formerly Apex) trying to operate in the US against bans of forced Uyghur labor.

Forced labor producing printer parts and toner.

Now the Lexmark management run the show at Xerox and insist on their "Legacy Lexmark" differentiation.

Add "identity crisis" to the list of headwinds.

Mattel is being sold to private equity firm and Fisher Price is being sold off. It's only going to get worse.

FGF Brands, a Canadian company, has purchased New French Bakery. The new owner plans to close both Minneapolis facilities. This action will result in over 160 employees losing their jobs. Employees will receive a 60-day notice before the closures begin. The company stated it is committed to supporting affected workers.

Minneapolis, Minnesota

https://bringmethenews.com/minnesota-business/new-owner-to-shutter-new-french-bakery-plants-in-minneapolis-lay-off-over-160

Silverton Mortgage is implementing layoffs following its integration with a larger homebuilder. This move is a direct consequence of the acquisition by Taylor Morrison, a company that also provides financial services. The affected positions are being eliminated as part of this strategic consolidation. This integration aims to streamline operations and leverage combined resources. The company is undergoing significant changes after the deal.

Atlanta, Georgia

https://www.bizjournals.com/atlanta/news/2026/11/02/silverton-mortgage-job-cuts-atlanta.html

With the unannounced west coast buyer I was wondering if the buyer was Apple? We would be a great fit into their payment ecosystem globally and bring $6B in immediate annual cash flow. Finally we would get real leadership and direction so sky would be the limit. One can dream!

Employee - Individual Contributor - Not based in the US - Do not have any stocks

What would actually happen to day to day if this happened?
How long would it take to go through?
Assume there would be cuts (when is there not)? I feel my area could be cut as AI seems to be taking over everything in this silly company.
Would a layoff be better now or post buying if it happens?
Is there any benefit of staying through this?

So Xerox buys Lexmark then they get rolled into a Ch 11.
Thanks you mo--n managers at Xerox, alone they might have had a chance.
Why, why do we keep these people in charge, can't Blackrock and a the big holders get rid of them somehow.
What a useless group, how can they even show their faces at this company.

As much as I despise the Muskrat,, I gotta admit this is a smart strategy.
An outright purchase maybe with a financial value around $3-5 billion with a potential strategic value to Musk/Starlink @ $5-10 billion
Boost's primary network is AT&T, with additional tMobile network access.
Boost Mobile customers do not always receive the same network priority as AT&T's own postpaid customers, but ran-to satellite handoff threshold parameters ( maybe for a fee, or alternative subscription price plan option) could possibly resolve that issue.
FirstNet, Frontline, and T-Priority would lose some of their value add.
Another consideration is if one of the big 3 carriers decides to cave and be the first to partner up with Starlink in order to get a more favorable deal.

Comcast used to be seen as a strong grwth company because its internet business kept adding customers and charging more, even while traditional cable TV was slowly declining. That changed. Quite a bit... Cable TV losses accelerated, and now Comcast is also losing some broadband customers because fiber and wireless internet from companies like VZ and TMobile have become real competitors. All investors now worry that Comcast's most important business may be shrinking. The stock price suffers.

We still make a lot of money and own solid businesses like Universal Studios, theme parks, Peacock/NBC... Wireless is growing. But stocks are priced mainly on what investors think profits will look like in the future, not just what the co earns today. Plus: Comcast also has a lot of debt and made some stupid and expensive acquisitions, so investors have become cautious. That is why the stock is down.

Well said, @ab+1m3mzk34j.

No, Global Payments has not been bought out, though private equity firms Clayton, Dubilier & Rice (CD&R) and GTCR have launched a joint $40 billion buyout bid for the company.
Key details of the situation:
• The Bid: CD&R and private equity group GTCR (Global Payments' largest outside shareholder) have teamed up on a potential leveraged buyout valuing the company at around $40 billion (combining a ~23 billion market cap and over $17 billion in net debt).
• Current Status: The talks are ongoing and may not result in a final deal.
• Context: The buyout interest follows a difficult period for Global Payments' stock after its massive 2025 acquisition of Worldpay.

I heard that 2u is losing a major partner. Any idea on who?

Does anyone know about FT being a new client of SS&C starting 2027???

TL;DR:

Xerox owes more than it is worth, so in a sale the lenders get the money and probably the company, the lawyers get paid either way, and shareholders get nothing.

Buyers would want the customers, the service contracts and the techs, not headquarters.

If you have a Xerox pension or retiree medical, find out now what is actually guaranteed, because not all of it is.

The company owes way more than it is worth, and the stock is now gambling at a table where the lenders are the house.

So who would be interested?

Most likely the lenders themselves. The people Xerox owes money to swap their loans for the company, and some of them may not even want it. But if enough of them vote yes, the rest get dragged along anyway.

Then you have got the Japanese rivals like Canon, Ricoh, Konica Minolta and... not Fujifilm, exiting the business (as we know it). They do not want the whole thing, just the good bits, meaning the customers, the service contracts and the production printers.

Vulture funds would happily buy it cheap, cut it to the bone and milk the service contracts for years.

And nobody else.

As for who gets paid, it is lenders first, lawyers always and shareholders never. Your stock and RSUs are not worth the paper they are printed on.

Who would they keep?

The techs who fix the machines and the people who bring in contract money. Not headquarters, not extra managers, and definitely not anyone whose job is PowerPoint.

Now the part people should really think about, which is pensions...

A buyer would probably take over some of the plans, especially outside the US, where the law tends to make pensions travel with the business.

The US plans are a different story. They could be handed over to the government pension insurer, the PBGC. It does pay out, but only up to a legal cap, so people with bigger pensions or who retired early could see less than they were promised. If you are already retired you are usually in the safest spot, while people still working are more likely to see their plan frozen, meaning you keep what you have earned so far but stop building more.

And retiree medical is the one nobody talks about. The government insurer does not cover it at all, so it is usually the first thing to get cut. If you have a pension or retiree health coverage with Xerox, now is a good time to find out exactly which plan you are in and what it actually guarantees.

None of this happens tomorrow, but the clock is ticking.

Can anyone explain how a 3 year ban on working for Skydance after a buyout serves the best interest of the company? It seems like they wouldn't offer you work unless they needed your skills. So why would they impose this ban?

The province is attempting to secure over 106,000 acres of timberland. This acquisition is intended to ensure the land remains connected to the Nackawic mill. Layoffs are anticipated at the mill due to this situation. The government is actively involved in the bidding process. This move aims to preserve local industry and jobs.

https://ca.news.yahoo.com/av-group-timberland-sale-nackawic-202000577.html

Nackawic, New Brunswick

Skydance is introducing a mandatory 5-day return-to-office policy while offering voluntary buyouts to eligible employees following its $110 billion acquisition of Warner Bros. Discovery

https://www.hcamag.com/us/specialization/change-management/skydance-employees-face-a-five-day-office-week-or-a-buyout/595143

What makes DXC look like a buyout candidate? First, it’s fundamentally inexpensive, trading at an EV/EBIT multiple of 8.2x. That valuation is paired with the powerful 18.6% free-cash-flow yield, suggesting the market is pricing in a lot of gloom for a business that still generates substantial cash. Second, the balance sheet is clean. With a net-debt-to-EBITDA ratio of just 1.5x, an acquirer wouldn’t need to take on a mountain of debt to get a deal done. The prize for a buyer would be the company’s two primary divisions, Global Business Services (GBS) and Global Infrastructure Services (GIS), which together represent a large, embedded base of enterprise customers.

Tim Farrar Tweeted "what was animating numerous people I spoke to yesterday, is the expectation that Amazon will soon announce the acquisition of Viasat, mainly for their international spectrum holdings, but also to combine Viasat's Ka-band GEO business with Amazon Leo, and strengthen Amazon's position in the government and aviation market"

https://x.com/TMFAssociates/status/2115466931038040276
https://storage.ghost.io/c/29/97/29976d9d-89ea-4c77-8c0b-0e8a0eafed35/content/files/2026/10/Musk-Bezos-cagefight-2026-10-28.pdf

What do you think?

Beazer was bought out by Dream Finders and laid many employees off. At least 200. Notices went out days before closing that their roles wound not be continued moving forward. No severance. Partial bonuses. I’m now facing eviction. The DFH owns the Tampa Rays and all I can say is “Go Brewers”.

Wide range of layoffs across UX Design, Research, Product Management, product engineering.

Approx. 200+ employees let go today at CCC after its acquisition by PE companies Elliott and GTCR.

Incompetent leadership that made hasty investment decisions with EIQ acquisition as well as PE selloff.

Got offered for a niche role at AES Clean Energy services. I like the benefits being offered but concerned about the acquisition and if there are any potential layoffs. Any suggestions would be great.

Some director at Suncor posted on LinkedIn they are hiring an engineer to prepare for the mgmt of Hibernia and Hebron. Does this mean operatorship will change hands? Or divestment?

Someone posted on LinkedIn they were looking for an engineer to prepare for the mgmt of Hibernia and Hebron. Those assets are operated by ExxonMobil currently.

I personally think they are setting up Comcast to be sold off either as a whole or in chunks. All the businesses that the "new" Comcast will be in (cable, internet, home security, mobile) are hypercompetitive and hard to survive in. Then NBC/Sky etc. can be the growth end.

Sounds a bit far-fetched to me.

After yesterday’s announcement, I’m sure a lot of us have the same questions. Which teams have overlapping roles, and when will we find out what happens to them? What does this mean for people based in Fort Worth if the combined company is headquartered in PA? Will there be any changes before the deal closes? If jobs are cut, what severance or retention terms will apply? And what happens to our benefits and equity awards?