#acquisition

Blake has ruined the company. Sure. Stock price is up but so is everything. 2 years ago, there where 9000 NEW people and all the GOOD leaders had left. BECKHOFF and Siemens are delivering way more new products. Blake keeps overpaying for underperforming assets. The board is worthless.

Reuters exclusively reported that the company's board rejected a mostly cash offer of nearly $24 a share for the company, whose assets include the Warner Bros film and television studios, its CNN and other cable television networks and its HBO Max streaming service, according to a source familiar with the matter.

https://www.reuters.com/business/warner-bros-discovery-initiates-review-strategic-alternatives-2025-10-21/

Following the purchase of HVAC business Johnson Controls this summer, the Bosch Group confirmed “a workforce reduction of around 200 jobs” in Wichita happened on Tuesday.

https://www.kwch.com/2025/10/22/bosch-group-confirms-200-wichita-layoffs-following-johnson-controls-purchase/

GF's stock and market cap continues to shrink. The analysts finally caught on to the same BS story TC continued to give as CEO, they bought the story long enough for TC and DR (former CFO) to cash in a bunch of their stock at higher prices. So where does GF go now? At around $35/share their market cap would be like $17.5B. Intel offered $25B before the IPO, Mubadala is probably wishing they took that deal now. Let's be honest, GF SLT is like a retread tire, they landed here because nobody else wanted them, none of them were really successful elsewhere. So, what is the solution? The only solution in my opinion is hoping the US govt gets involved, redirects most of the US mfg chips bill dollars to Intel. Intel then spins off foundry as separate company and then with govt funding buys GF and makes them a US owned company. Get rid of all the GF SLT, bring in a totally new set of execs for the combined company and climb the mountain of making Intel Foundry a great company that can battle TSMC. TSMC is good at mfg ramping, but they aren't great at R&D, the engineering staff is technically much stronger and brighter in the US. Intel and IBM were way ahead of TSMC in the past. If things are done right Intel foundry could jump past TSMC for technology competitiveness. However, when the US gov't can't even stay open, the probability of them putting together a smart Chips Bill is very unlikely. I see this scenario as the only way out for GF, otherwise the ship will just continue to sink and eventually submerge!!

Gotta love these headlines, can’t make this up

What will he do when there is no one left to fire?

Ah, silly me. That means it is acquisition time!

Fu-k SS&C cheap a-s company, coming in taking over and not doing sh-t glad that I left

With the purchase from Cenovus' 50% share of WRB and now the pipeline deal to Arizona and California P66 has now made 2 good deals in a row. These deals place substantial focus on refining.
The Elliott directors must be making their presence known. Go Go would just buy more broken-down gas plants.

Looks like rumors were true all those people will be laid off.

https://www.advisorhub.com/exclusive-stifel-to-sell-indie-brokerage-unit-to-equitable-advisors/

I am from legacy tsys which global payments ripped apart after acquiring and got rid of alot of americans to give the jobs offshore. This company is about to take over tsys issuing which global payments su-ked dry and is now dumping. From reading these threads, I now have little hope for my friends who are there. They are all hoping the transitions would be positive.

Seeing lots of 2nd tier GoA acquisition players both in the office and some have made it offshore. This is not platform tie back or host opportunities. What GoA assets are on the market? Does the strategy to simplify and improve asset quality make sense?

Hail your ascendant sovereigns—long may they reign.

As of December 1, eDOCS will be officially, legally, and technically integrated into NetDocuments. All current employees will transition to contractor status under a six-month probationary period.
In General, contractor roles don't come with benefits such as 401(k), RRSP, or health coverage; dental, vision, because they are considered self-employed.

This presents significant challenges—particularly for U.S.-based employees, who rely heavily on employer-sponsored healthcare. Canadian employees may be somewhat less affected, though ongoing issues with the public healthcare system and lack of private coverage options still pose concerns.

SLB Ltd., formerly Schlumberger and the world's largest oil field services company, reported that its recent acquisition of Sugar Land's ChampionX Corp. added $579 million in revenue during the third quarter, the company's first full earnings report since completing the deal.

https://coveringkaty.com/news/fort-bend/schlumberger-changes-name-completes-championx-acquisition-re/

After much fanfare, the colossal flop Landmark Life/Truspire has been sold to fly by nighters Malibu Life ? :) wowers. After all of that fanfare that Mutual was going to make hundreds of millions of revene selling annuities, it didn't & flopped & made $5-$10m on the sale before tax. Now, watch Malibu figure out how to make the $$$$ mutual couldn't. Its Simpa Baye's swan song. Time for him to say Baiye Bye !!!!

They just buy competitors and destroy the brand.

https://www.mysanantonio.com/business/article/siete-foods-pepsico-21105726.php

https://www.digitaljournal.com/pr/news/vehement-media/berkshire-hathaway-acquire-occidental-petroleum-112390417.html#google_vignette

It’s also not too far off from closing its major acquisition of Lehigh Valley Health Network, back in August 2024, the latest in a decade-long stream of merger deals that swelled the organization to 32 hospitals. Jefferson had already cut 171 workers in January by outsourcing several back-office functions after the merger, and before, it that had cut around 400 as part of a 2023 restructuring.

https://www.fiercehealthcare.com/providers/jefferson-health-laying-roughly-650-employees-amid-significant-financial-headwinds

Iger has no creativity!

He buys other IPs and cuts jobs to make up the deficit he causes!

As long as he is in charge, no job is safe-except for his of course!!!

With Xerox’s stock trading now at historical lows of just $3.15 (and who knows when it will hit bottom), an acquisition might seem attractive to one or more OEMs. But who would it be?

https://share.google/0ldW7EIeghwEj71ke

Any updates on the Peabody Energy bid?

How on earth does the CEO keep his job when he delivers this :
a catastrophic decline is stock price,
dividend cut to nothing,
declining revenues,
declining profit,
an acquisition of a loss making competitor,
staff morale at rock bottom, no pay rises for staff

and the only certainty is more redundancies.

How is this a ‘Re-invention’ ??????

Who do you think the board will sell Verizon to after they finish looting it for all they can squeeze out of it?

Well, since the pipeline is crawling, I have lots of time to search for another job. I can't believe what this company has done to it's self. You can track my utilization till the cows come home. Wait, while at it, shuffle some execs around to keep the worker bees thinking that something magical is going to happen, or pop, it's not. There used to be 15 on the team, now we have been dwindled down to 3. Winning!!!! Wait, I have an idea, let's acquisitionFLYwheel another company to try and get deeper in some accounts while offshoring is being done not so quietly in the background and "teammates" are being clobbered. Zero clue, zero talent. I think today, I'll let InsightGPT re-write my resume and get some certifications since clients aren't picking up the phone... Just wondering when the CAPtian team team are going to get to boot?

Upsher-Smith will close its Plymouth, Minnesota plant at 14905 23rd Avenue North and lay off 58 workers. The closure date is April 1, 2025, with layoffs occurring in two or three waves through July 31. Some Plymouth staff will transfer to the company’s Maple Grove facility at 6701 Evenstad Dr. N., which will remain open. A portion of the layoffs will occur at Maple Grove.

The move follows the company’s 2024 acquisition by Taiwan based Bora Pharmaceuticals for 210 million dollars. Upsher-Smith framed the closure as a strategic realignment to optimize global operations and better serve customers. The firm manufactures several generic dr-gs, including vigabatrin, everolimus, and topiramate.

Founded in 1919 by Frederick Alfred Upsher Smith, the company was owned by Ken Evenstad from 1969 and later sold to Japan based Sawai Pharmaceutical in 2017 before the 2024 sale to Bora. The WARN notice detailing the closure was filed with Minnesota’s Department of Employment and Economic Development.

• https://www.aol.com/pharma-company-close-plymouth-facility-154410116.html

Novo Nordisk, the Danish dr-g manufacturer behind the weight-loss and diabetes dr-g Ozempic and other medications, said it's paying up to $5.2 billion to buy Akero Therapeutics, a biotech company with a dr-g in a late-stage trial to treat a fatal liver disease.

https://www.morningstar.com/news/marketwatch/20251009145/novo-nordisk-is-paying-up-to-52-billion-for-a-san-francisco-biotech-working-on-liver-disease

The scope of the job cuts could not be learned immediately. Colonial Pipeline declined to say how many jobs would be cut.

The changes come just months after New York-based asset manager Brookfield Infrastructure Partners Colonial in a deal valued at about $9 billion, becoming the first sole owner of the over 5,500-mile pipeline network since its construction in the 1960s.

https://energynow.com/2025/10/colonial-pipeline-to-cut-jobs-after-brookfield-takover-sources-say/

Lowe’s has completed its $8.8 billion acquisition of Foundation Building Materials, a leading distributor of interior building products such as hardware, drywall, insulation, ceiling systems, etc., for residential and commercial professionals.

https://finance.yahoo.com/news/lowe-finalizes-billion-dollar-acquisition-143700828.html

Lets admit it - Qualcomm's overblown management chain is useless to the core. All of them alike: incompetent, lazy, selfish sycophants, leaching resources, driving professionals out. Do you want to tell me that there is no conflict of interest where CEO's brother making a career? And this is just a tip of an iceberg, because such exist at every level. These people literally breaking their own code of business conduct with impunity. What chance engineering force and shareholders have to receive the value back for their hard work and investment? I would say - none, unless the whole structure is chopped to pieces and thrown away without mercy and payoffs. Complete business audit should allow to cut expenses I would say 50% at least without anyone noticing that these leaches have gone. In fact the level of distraction will become significantly lower. Where else did you attend to meetings with tens of attendees while only a couple of them actively solving an issue? Where else did you have to work around because your ignorant boss force the decision upon you and made task unnecessarily more difficult and far less productive? The solution is simple and less brutal than something that is expecting workforce and shareholders if take over does not happen.

https://www.fierce-network.com/broadband/verizon-buys-starry-what-you-need-know

How sc--wed is everybody? I know every single acquisition comes with layoffs, I'm just wondering how bad it's going to get. I'm no fan of ABB but I've been reading up on SoftBank and to be frank, I haven't exactly been happy with what I've read so far.

Boeing is set to gain EU antitrust approval for its $4.7 billion acquisition of Spirit AeroSystems with remedies to address EU concerns expected to include sales of some of the latter's businesses, people with direct knowledge of the matter said.

https://www.reuters.com/world/eu-set-approve-with-conditions-boeings-47-billion-spirit-deal-sources-say-2025-10-07/

Poor MEG. I feel bad for their people. They will surely be taken over by CVE now. $8.6B really?? $17.6B to get out of FCCL. Phillips paying them $1.9B for their share of the refineries. The only thing this company is consistent at is overpaying, getting ripped off and then laying off. No wonder their stock is always in the toilet. Employees should get out now!!!! Go across the street. Go anywhere. What a dumpster fire.

Wow, AMD inking deals with OpenAI, Q buying kid toys!

Rumor has it Citigroup is very interested and would make sense as to why Ron was retained. Makes sense why all the layoff talk is happening after the 1st of the year.

Fifth Third Bank has officially acquired Comerica, marking another significant move in what appears to be a growing trend of regional bank mergers under the current U.S. administration. Industry analysts expect further consolidation as economic pressures and regulatory shifts continue to reshape the financial landscape.

Meanwhile, Truist is undergoing internal restructuring. Sources indicate that between 500 and 700 contractors were cut last Friday in Digital and Technology divisions. While the company cited "policy concerns" raised by its legal department, insiders suggest the move was primarily driven by cost-cutting objectives. The timing coincided with contract renewal periods, and many agreements were allowed to lapse without extension.

Additional reductions are on the horizon, including cuts to employee benefits, further contractor downsizing, and full-time staff layoffs. Truist has faced ongoing challenges in the market, with underwhelming stock performance fueling speculation that the bank itself may become an acquisition target in the near future.

Waiting for Avaya to get acquired by some big tech giant so I can proudly write in my resume, “Avaya now acquired by XYZ.” Because right now, no recruiter seems to recognize the brand, and my phone’s been awfully quiet.🥹😅

Has anyone heard what this means for our jobs?

Coming from the Comerica side, any guidance or advice? I imagine Dallas offices are going to get gutted. Same with Technology.

Does Fifth Third support remote work?