Pfizer Inc. PFE, -0.18% plans to acquire cancer biotechnology company Seagen Inc. SGEN, -0.59% in a deal with a $43 billion enterprise value, the companies announced Monday morning. Pfizer intends to ...
Tag: allcash
Vista Takes Duck Creek In An All-Cash Purchase
Tim Pannell/The Forbes Collection Key takeaways Vista Equity Partners is a private investment firm focused on technology. Duck Creek is an insurance software company that went public in 2020 but has s...
Homebuyers are turning to all-cash offers to get around high mortgage rates
Frustrated by mortgage rates above 6%, a growing share of first-time homebuyers are opting to pay for their homes in cash to avoid high borrowing costs. In October this year, 32% of homes sold in the ...
How to Put Together an All-Cash Home Purchase
As home-financing costs have skyrocketed, cash is king once again. Nearly one in 10 new homes in the third quarter were purchased with cash, according to Census Bureau data—the largest share since 201...
Archaea Energy stock soars 51% premarket on news of takeover by BP in $4.1 billion all-cash deal
Archaea Energy Inc. LFG, -4.90% said Monday it has entered an agreement to be acquired by BP PLC BP, -2.63% for about $4.1 billion in cash including about $800 million of debt. The cash consideration ...
REIT Store Capital agrees to be acquired by GIC and Oak Street in all-cash deal valued at $14 billion
Store Capital Corp. STOR, +19.99%, a Scottsdale, Ariz.-based real estate investment trust, said Thursday it has agreed to be acquired by Singaporean sovereign fund GIC and Oak Street in an all-cash de...
TPTX Stock Doubles On Bristol Myers’ $4.1 Billion All-Cash Takeover
Turning Point Therapeutics (TPTX) snagged a $4.1 billion offer from Bristol Myers Squibb (BMY) on Friday, and TPTX stock more than doubled. X The deal adds repotrectinib to Bristol Myers’ wheelh...
JetBlue’s all-cash bid for Spirit Airlines complicates Frontier tie-up
JetBlue Airways made a $3.6 billion all-cash offer for Spirit Airlines, raising questions about Spirit’s deal to combine with rival discount carrier Frontier Airlines. Spirit said its board was ...
‘Home prices where I live are close to $600,000.’ Is it a smart move to buy a house with all-cash — or better to take out a mortgage?
Dear Big Move, I’ve recently been thinking about purchasing my first home at 35. I have a nest egg of about $1.8 million that I’ve accrued over the past 14 years. This money is completely invested in...