#merger

Wondering about the NC merger of Carolina Complete Health and WellCare scheduled for Q12026. Any news of layoffs yet? I’m at CCH and we are already closing all open roles or just not filling them. Everyone is even more overworked than before.

So which one will it be?

BG&E buys PE Maryland

Dominion buys MP and FEPA

JCP&L merges with a local "waste management" operator for investment opportunities.

Clemmer did the same thing with AGERE and LSI in the early 2000's. Starboard sees a huge return on share price, sells of course. Good call on Starboard's part brining Clemmers to the table.

There is going to be be some major reorgs and fat cutting. I don't think the Triquint-RFMD Lackeys will survive overall. Arrangements like five supervisors for the the same group of people will not bode well.

There will be massive duplication of services. Redundant groups will be addressed.
Watch the management! True test of character now, watch what your manager shares with you. More than likely only concerned about themselves. And rightfully so.
This is an IP grab for Skyworks. Maybe some niche designers will be absorbed. Personally, I feel it couldn't happen to a more deserving management group!

Just in time for Christmas too!

I mean the guy just saved Paramount and took on this immense task of building the studio back to its former glory. He has this massive weight on his shoulders being the new CEO, and now on top of it he’s forced to do lay offs? I just can’t imagine what’s going through his mind. I know layoffs are a guarantee with mergers, but still, it can’t be easy for the guy. I hope he’s doing all right and I hope we can show him some sympathy.

Seriously, ever heard of an all hands ‘ live via slack? this is VBG and a massive organisation in VBG; that is everything under the CRO besides direct sales…
All hands via a slack channel ‘ask leadership and business partners anything slack channel…
Also hearing via a via that a merger with BT global ( international) isn’t off the cards yet. … who have been for sale for 2 years or so.
Anyways also heard it’s 20 to 30 percent reduction.

Reminds me of 2003 when Mci world com fired people via sms…

"Skyworks Solutions will BUY smaller rival Qorvo, they said on Tuesday, forming a $22 billion combined company that supplies radio-frequency chips to Apple and other smartphone makers."

The stock-and-cash deal, which will create one of the largest U.S. suppliers of radio-frequency chips. The aim is to repositoon the new company for a recovery in the smartphone market.

They're being super quiet about it, but the fact of the matter is that there are more layoffs happening inside this company and it seems mainly due to the merger with Juniper. The surprising thing is that it isn't just traditional overlap functions like marketing or accounting, but actually in functions such as engineering. There is clearly a technology strategy but it is not being shared. Instead, they're just laying off staff to cut costs predominantly in the United States. For those of you that hoped the $1 billion dollars in savings would happen over time and might come out of other things like real estate consolidation, surprise, it's happening very fast and at payroll levels. The hypocrisy inside the company about the well-being and the pride that we have as well as being the best place to work and is ridiculously misplaced.
To make matters worse, HR is pushing forced distribution for end-of-year ratings. They may think they're telling you otherwise, but it's literally what they're doing. When questioned about this, they hide behind senior executives and their wish to do this.

Whats the impact on layoffs

Whats the impact on shared services

Is the merge happening? Media has been pretty quiet about it. the most recent report was a clean team meeting was scheduled and it went well. Hope all goes well if the merge does happen but what's going to happen in certain markets. If pfg and usfood both delivering in the same area.who's going to take over those markets when you have delivery drivers and sales reps for both sides. I guess only time will tell if it's even going to happen or not happen.this is slow seasons but usfoods jist hired 10 drivers in my area.while we still have stand days going on. Doesn't make sense

I've seen a lot about Merch being impacted. SPT also already runs really lean in the Specialist/BP/E2E SBP area and a merge with RBX was JUST announced less than a month ago. Seems to me like they would have just done layoffs then with the merge, but I don't know? With already having made most SBP and some BP roles E2E I can't fathom having any capacity for more workload if they merge further....

I have no insider knowledge, this is just my theory for what could happen on Tuesday:

F&B reports up separately from other pyramids for pretty much every function (Merch/Planning, IM, Store Ops, etc.). Eliminating that separate reporting structure could remove some duplication of work and a lot of middle managers. For example, Food Supply Chain would be absorbed into what’s left of GSCL.

Thoughts?

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/

Hail your ascendant sovereigns—long may they reign.

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/

Following the most recent merger and the creation of the current company in 2019, L3 leadership has shifted from a growth oriented company that made strategic acquisitions into new businesses, to a purely profit driven entity. Perhaps the disastrous acquisition of AR was enough to make them g-n shy about buying any more companies. The entire focus is now on profits for investors or "stake holders". Having established that, it would seem foolish for any perspective job applicant to hope for a long term career with this company. Layoffs have become common place with no regard for talent or an individuals' contribution. Considering that and the blatant reverse discrimination practiced during its' failed "woke phase", it is no wonder the company is avoided like the plague by savvy job seekers.
Read the posts on this site carefully, They are not hyperbole.

I’m confused about what’s next. We have a mediocre-to good quarter financially but in the details there is info about us losing customers with close to 2-3% attrition per quarter. Does that mean our profits were the results of financial engineering or are we just racking up fees on our customers? If we aren’t growing or merging, someone is going to merge with us.

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

Any tea on what may happen with some of the duplicate teams that are being merged (SD & insert legacy paramount brand here)? Marketing everywhere, MTV/Skydance TV, animation, legal, etc.). Do you think they will finally be merged properly with some grand plan explained to the company?

https://techrights.org/n/2025/10/12/Weekend_Discussion_About_How_IBM_s_Bluewashing_of_Red_Hat_Will_.shtml

Heard today from a reliable source CSX is talking about a merger with NS and Black Wing

The merger of the orgs is s disaster
Tools were not ready for the extra users
SEs are not well trained
Figures are terrible
Not enough SE coverage

Dan is there to be the hatchet before the Frontier merger is complete. This way John Stratton doesn’t have to do the dirty work and ruin his image.

Wirth now has three priorities.

First, complete the restructuring and rebuilding of Chevron's corporate culture; second, integrate Hess; and third, extend the concession to develop the giant Tengiz oil field in Kazakhstan, which expires in 2033.
The latter is crucial. When the initial 40-year agreement was signed in 1994, it was dubbed the "deal of the century," as it gave the company access to the oil of the former Soviet Union.

Our concession is valid for another eight years…We have begun working with the government to discuss its extension. I'd like to finish this, not delegate it to someone else," Wirth said in an interview with Bloomberg.

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.

https://www.highereddive.com/news/new-jersey-city-university-kean-university-merger-definitive-agreement/801857/

https://www.highereddive.com/news/new-jersey-city-university-kean-university-merger-definitive-agreement/801857/

Has anyone been reading the media articles bout the information sharing plan on our US Foods website and upcoming merger with PFG in the media? Will that cause layoffs? Will that be a chance for the powerful on the board of directors to select better executives? Some of our executives have sh-t the bed on some of their decisions and do not have the gonads to do what needs to be done. We do like our CEO and he has proven his worth on the stock. But some of his posse don't share his intelligence nor his heart. They may just not give a fu-k about what they need to do since they will be given a golden parachute when the merger arrives. Let's all hope the board reads these posts and proves what we are writing is true and just terminates the d-mbasses for dereliction of duty without the severance.

Or settle for Diamondback?

The dum dums at SMART are telling their people this will be good for them. LOL!

I guess bringing PSR to Norfolk and scrapping switch yards and such will be great for everyone.

More layoffs before the holidays then a merger or acquisition on the horizon. Goldman Sachs likely. The reduction in cost, the outsourcing, the reorganization. It makes sense and I’d bet money on it.

Mergee with a Private Equity Firm! That to me means lay off and draining what's left after the BP Subsea contact termination! We're all sc--wed!

I keep seeing that Ellison has pledged to keep and invest in brands like BET.

Announced today two new board members from Elliott. First I had heard about them since Elliot was announced in July. The name Patricia Watson ring a bell? Former CIO of TSYS before the merge.
https://stocks.apple.com/AwYVr2N0ZQEy9uQPQVwbyJg

ST. JOHN’S, NL, CANADA, September 24, 2025 – North Atlantic France SAS (“North Atlantic”) announced on May 28, 2025, that it had entered into exclusive negotiations with ExxonMobil France Holding SAS (“ExxonMobil”) for the acquisition of ExxonMobil’s entire stake in Esso Société Anonyme Française SA (“Esso S.A.F.”) and ExxonMobil Chemical France SAS by signing a put option agreement. Following the information and consultation process of employees’ representative bodies, North Atlantic today announces that it has entered into an agreement with ExxonMobil to acquire ExxonMobil’s entire stake in Esso S.A.F. (the “Controlling Block”) and EMCF.

This marks an important step in North Atlantic’s project to establish a long-term presence in France, contributing to European energy security, industrial resilience, and energy transition.

The completion of the project remains subject to customary regulatory conditions applicable to this type of operation, including foreign direct investment control in France, and finalization of certain financing arrangements.

Ted Lomond, President and CEO of North Atlantic, President of North Atlantic France stated: “Our commitment to France is long-term. By building on Gravenchon’s record of industrial excellence, we aim to strengthen energy security and resilience while accelerating the transition to lower-carbon solutions. This project reflects our ambition to grow North Atlantic into a premier transatlantic energy company, with strong foundations on both sides of the Atlantic.”

Simon Fenner, CEO of North Atlantic France stated: “With the signing of this agreement, North Atlantic reaffirms its ambition to consolidate the Gravenchon site and provide it with an ambitious development plan to serve the French energy and industrial sectors. We are firmly committed to completing the transaction by year-end.”

As a reminder, on May 28, 2025, North Atlantic had announced that following the acquisition of the Controlling Block in Esso S.A.F., it would file a mandatory tender offer for the remaining shares of Esso S.A.F. on the same financial terms as the acquisition of the Controlling Block.

Furthermore, it should be noted that the Board of Directors of Esso S.A.F. has convened a Shareholders Meeting on November 4, 2025 to deliberate on the proposal for a distribution of reserves, amounting to €60.21 per share, with payment scheduled for November 14, 2025.

During the discussions between ExxonMobil and North Atlantic over the past months, the two parties agreed to a downward adjustment of the purchase price for the Controlling Block, to reflect certain social liabilities. This downward adjustment will not affect the price offered to minority shareholders of Esso S.A.F. in the context of the mandatory tender offer for the remaining shares, which will be determined after taking into account the various adjustments described in the press release dated May 28, 2025, namely:

• a downward adjustment to reflect the amount of cash distributed by Esso S.A.F. prior to the date of completion of the acquisition of the Controlling Block (i.e., an amount of €113.21 per share, corresponding to a dividend of €53 per share payable on July 10, 2025, and an amount of €60.21 per share in respect of the distribution proposed by Esso S.A.F. and to be paid on November 14, 2025, subject to the approval of the Esso S.A.F. shareholders meeting);

• upward adjustment by a ticking fee mechanism corresponding to accrued interest on (i) a first base amount of €362,000,000 at the euro short-term rate plus 2% per annum between March 2, 2025 and the closing date, and (ii) a second base amount of €950,000,000 at a rate of 2.4% per annum between March 2, 2025 and the closing date;

• upward or downward adjustment to reflect the change in the euro value of Esso S.A.F.’s inventory and equal to the difference between the crude oil value of ten (10) million barrels as of December 31, 2024 and the crude oil value of the same number of barrels as of a period prior to closing that will depend on the date of the contemplated transfer of the ownership of ESAF inventory to a bank.

The final price for the acquisition of the Controlling Block will be definitively set prior to the completion of the transaction and will be communicated to the market in due course.

The completion of the transaction is still expected in Q4 2025. North Atlantic reiterates its commitment to delivering a comprehensive and well-managed transition, with the intention to maintain employment and existing compensation and benefits.

https://northatlantic.ca/media-releases/north-atlantic-france-sas-milestone-project-majority-stake-in-esso-societe-anonyme-francaise-exxonmobil-chemical-france-sas/

Insiders not buying or selling the stock means there is material public information they have. With there net debt at 3.7 Bill. I imagine it is at the finish line.

Catalyst business becomes highly sought after and Shell may actually get sold this time.