Skyline Advisors
  • Services
  • Team
  • Transactions
  • Industries
  • Reports
  • News
    • Capital Markets
    • Firm News
    • Resources
  • Contact
    • Newsletter

Partners for Strategic Transactions

Tech, Media, & Telecom (TMT) Deals Highlighted on Acquisitions from Sirius XM, Slack, GrubHub, and Comcast.

10/2/2018

 
​According to Pitchbook, there were 38 mergers & acquisitions deals that had reached definitive agreements last week, for a total of $14.2 billion. The business-to-business and healthcare industries tied for the most deals at 10, receiving investments of $1.9 billion and $3.5 billion, respectively. Direct-to-consumer firms had the most investment with $7.3 billion across seven deals. The following are a selection of headlining deals in Skyline’s core industry focuses:
Picture
  • In an effort to acquire listeners outside of the automobile, Sirius XM Holdings has announced it will acquire Pandora in an all stock deal worth $3.5 billion, according to Pitchbook. Sirius XM, well known for its car-based satellite radio service, has long attempted to get out from behind the wheel. By acquiring Pandora, the company will be able to expand its offerings towards internet and mobile music streaming.

  • Enterprise collaboration software provider Slack announced last week it will acquire Astro and its email assistant technology, known as Astrobot. The deal, which is Slack’s largest acquisition to date, will help the company bring email and calendar integration to its platform.

  • GrubHub, a mobile-based food delivery application, has agreed to acquire Tapingo, a platform for college campus food ordering, for $150 million. With 150 college partners, Topingo facilitates order-ahead transactions for student users at on-campus cafes, restaurants, and cashier-less stores.

  • Barrick Gold has agreed to buy Randgold Resources in a $6 billion all stock deal, making Barrick the world’s largest gold miner by production. The combined operation is estimated to produce 6.5 million ounces per year. Randgold is a developer of gold deposits in Sub-Saharan Africa, while a large share of Barrick’s operations is in the Americas.
​
  • Over the prior weekend, Comcast beat out 21st Century Fox in a bidding war for Sky, a European broadcasting company, for $39 billion. The play will help Comcast expand into a new market, one where Sky provides TV, phone, and Internet services to some 23 million households.

Comments are closed.

    Archives

    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    December 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017

    Categories

    All
    Auto Sales
    Bankruptcies
    Capital Markets
    Confidence
    Corporate Profits
    Debt
    Economy
    GDP
    Holiday
    Housing
    Industrial Production
    Inflation
    Initial Public Offerings
    Interest Rates
    Inventories
    Jobs
    Manufacturing
    Mergers And Acquisitions
    Middle Market
    Prices
    Private Equity
    Productivity
    Retail Spending
    Rural Economy
    Small Business
    Stock Market
    Taxes
    Trade
    Venture Capital
    Wages

    RSS Feed

Picture
​Skyline Advisors is a division of Ideation Ventures, Inc. Services involving securities are offered through M&A Securities Group, Inc.4151 N Mulberry Drive Suite 252, Kansas City, MO, 64116  (“MAS") . Services involving real estate brokerage are offered through Berkshire Hathaway HomeServices Ambassador Real Estate ("BHHS"). Skyline, MAS, and BHHS are separate entities. 
​

COPYRIGHT 2020. ALL RIGHTS RESERVED.
Virtual Data Room
Company   Services   Team   Transactions   Industries   Reports   News
Photo used under Creative Commons from inkknife_2000 (8.5 million views +)
  • Services
  • Team
  • Transactions
  • Industries
  • Reports
  • News
    • Capital Markets
    • Firm News
    • Resources
  • Contact
    • Newsletter