Private Equity
First Read begins the week with news that Facebook could face a billion dollar fine for data breaches, Intel and TPG are in talks to sell McAfee to Thoma Bravo for more than $4.2 billion, and Colin Kroll, co-founder and CEO of the popular HQ Trivia app, was found dead early Sunday.
1 min read · 17 December 2018
Private equity firm Thoma Bravo LLC is in early talks to buy security software company McAfee from TPG Capital and Intel Corp for more than $4.2 billion, CNBC reported on Friday, sources told Reuters.
1 min read · 14 December 2018
Second Opinion closes out the week with news that a Facebook bug has reportedly exposed up to 6.8 million users' unposted photos to apps, ex-New Jersey Governor Chris Christie withdraws from being considered for White House Chief of Staff and Johnson & Johnson stock tumbles after a report claims that the company knew that its talcum baby powder contained asbestos for decades.
1 min read · 14 December 2018
Philippine fast-food giant Jollibee Foods Corp (JFC.PS) said it would pay $100 million for a 45 percent stake in Smashburger Master, making it the majority owner of the U.S. hamburger chain, as it steps up its global presence.
1 min read · 14 December 2018
4 min read · 14 December 2018
Merck and Co (MRK.N) said on Friday it will buy privately held French company Antelliq Group, which makes digital identification products for livestock, for about 2.1 billion euros ($2.37 billion) to bolster its fast-growing animal health business.
2 min read · 14 December 2018
Texas Teachers' marks another $1 bln for young managers, Wilbur Ross in PE secondary sale
2 min read · 14 December 2018
First Read ends the week with news that German online classified ads company Scout24 is mulling a sale, Starbucks stock falls as the company cuts long-term earnings forecast and leveraged loan market wobbles, putting buyouts at risk.
1 min read · 14 December 2018
In Second Opinion, cryptocurrency startup Basis is shutting down and returning investor money, Amazon's invasion in New York and Virginia will be slow and Japan Post is investing about $2.6 billion in Aflac.
1 min read · 13 December 2018
New on sponsors’ holiday lists: DME, Houston healthcare
2 min read · 13 December 2018