How do you feel about the M&A's for 2008? - FMVperformance.com : The site for all your Ford Mazda and Volvo needs
 
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post #1 of 9 (permalink) Old 05-05-2008, 02:41 PM Thread Starter
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How do you feel about the M&A's for 2008?

These will include the ones that went through and the ones that didn't!

Blockbuster and Circuit City
Microsoft and Yahoo
Deutsche Telekom and Sprint (speculation)
Mars and Wrigley
JP Morgan and Bear Stearns
Bank of America and Country Wide Financial

It's really crazy how many company's are trying to buy other company's to survive or gain market exposure. Blockbuster wanted Circuit City to expand market exposure, however I never understood why Blockbuster would want to spend that much money to purchase a failing company. Microsoft and Yahoo was a little different as well. Both companies are struggling with trying to keep up with how big Google has become. I'm still uncertain with how Yahoo and Microsoft will be able to survive in the future. I personally use Google everytime that I want to search something, and I use Firefox as my browser. Deutsche Telekom, which is the parent company of T-Mobile is making a bad move to purchase Sprint, and it is showing today. Sprint has not made any comments on this acquisition, and Sprint is gonna want to get the max dollar amount for their buyout if it was to happen. It's speculated that Deutsche Telekom only wants to offer $11-12/share. Mars and Wrigley are two very strong companies and Mars had the financial backing from Berkshire Hathaway. JP Morgan and Bear Stearn's was a perfect time to buy the quickly failing company. If the company was to file bankruptcy the share values would have been frozen and pretty much anybody that held positions in that company's stock is already dead in the water. For them it's better to get $10/share than potentially not get anything. I don't know much about Bank of America and Country Wide Financial, but I've read speculation that not many analyst are supporting the takeover bid for Country Wide Financial.

If anyone else knows of any other M&A's that I missed you can add them to this thread.

LMFAO "oh i thought i didn't need that" i bet in your head you were like "go kick your mom in the ass for me when you get home " 08mazda2.0
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post #2 of 9 (permalink) Old 05-05-2008, 02:47 PM
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Re: How do you feel about the M&A's for 2008?

None of this surprises me. You usually see rampant buyouts, etc. when the economy is going through a period of turmoil. Cash rich companies can find plenty of bargains (Countrywide, etc.).

The airlines will continue to merge to improve operational efficiency. You'll see a lot of job losses in the coming year or two as they clear out redundancy.
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post #3 of 9 (permalink) Old 05-05-2008, 02:47 PM
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Re: How do you feel about the M&A's for 2008?

Blockbuster and Circuit City - Two companies that will both be out of business soon.

Microsoft and Yahoo - This is off. Don't worry about Microsoft, but Google will eat Yahoo's lunch.

Bank of America and Country Wide Financial - This is good for virtually everyone except BoA, I think. Maybe they'll turn it around.

JP Morgan and Bear Stearns - This is simply a travesty. I wish I had a government endorsed escape clause for every bad decision I've ever made. Welcome to the USA, a wholly owned subsidiary of Rich White Men, Inc. Pitiful.
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post #4 of 9 (permalink) Old 05-05-2008, 02:49 PM
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Re: How do you feel about the M&A's for 2008?

[quote author=enormus link=topic=110879.msg2288712#msg2288712 date=1210013271]
JP Morgan and Bear Stearns - This is simply a travesty. I wish had a government endorsed escape clause for every bad decision I've ever made. Welcome to the USA, a wholly owned subsidiary of Rich White Men, Inc. Pitiful.
[/quote]

I think history will look VERY kindly at the buyout/bailout of Bear Stearns. I don't think most people understand the utter chaos that would have developed without some sort of intervention with regards to investment banks. Don't let your hatred of Rich White Men keep you from seeing that the pain of a BS (or any other investment bank) collapse would have hurt the working class as well.
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post #5 of 9 (permalink) Old 05-05-2008, 02:56 PM
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Re: How do you feel about the M&A's for 2008?

[quote author=fatabbot link=topic=110879.msg2288719#msg2288719 date=1210013391]
I think history will look VERY kindly at the buyout/bailout of Bear Stearns. I don't think most people understand the utter chaos that would have developed without some sort of intervention with regards to investment banks. Don't let your hatred of Rich White Men keep you from seeing that the pain of a BS (or any other investment bank) collapse would have hurt the working class as well.
[/quote]

Not saying something shouldn't be done, just that we are getting the raw end of the deal and the people who made the bad investment are getting off scott free. Robert Reich has an interesting take on this that I like . . .

http://robertreich.blogspot.com/2008...y-and-why.html
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post #6 of 9 (permalink) Old 05-05-2008, 02:59 PM
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Re: How do you feel about the M&A's for 2008?

[quote author=enormus link=topic=110879.msg2288730#msg2288730 date=1210013781]
[quote author=fatabbot link=topic=110879.msg2288719#msg2288719 date=1210013391]
I think history will look VERY kindly at the buyout/bailout of Bear Stearns. I don't think most people understand the utter chaos that would have developed without some sort of intervention with regards to investment banks. Don't let your hatred of Rich White Men keep you from seeing that the pain of a BS (or any other investment bank) collapse would have hurt the working class as well.
[/quote]

Not saying something shouldn't be done, just that we are getting the raw end of the deal and the people who made the bad investment are getting off scott free. Robert Reich has an interesting take on this that I like . . .

http://robertreich.blogspot.com/2008...y-and-why.html

[/quote]

Yeah, that's an interesting idea, indeed.
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post #7 of 9 (permalink) Old 05-05-2008, 03:00 PM Thread Starter
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Re: How do you feel about the M&A's for 2008?

[quote author=enormus link=topic=110879.msg2288712#msg2288712 date=1210013271]
Blockbuster and Circuit City - Two companies that will both be out of business soon.

Microsoft and Yahoo - This is off. Don't worry about Microsoft, but Google will eat Yahoo's lunch.

Bank of America and Country Wide Financial - This is good for virtually everyone except BoA, I think. Maybe they'll turn it around.

JP Morgan and Bear Stearns - This is simply a travesty. I wish I had a government endorsed escape clause for every bad decision I've ever made. Welcome to the USA, a wholly owned subsidiary of Rich White Men, Inc. Pitiful.

[/quote]

Isn't Yahoo using Google to account for some of their search options or something like that. I'm all for Yahoo getting it's lunch eaten by Google. I can understand why Yahoo wanted to get more than $33/share for the buyout offer that Microsoft offered. Microsoft really felt the company wasn't worth any more or any less, however they couldn't meet somewhere in the middle and the deal fell through. It's a good move for Microsoft because they basically told Yahoo to prove that their stock is worth more than $33/share. Stock prices have fallen a little under $5/share this morning for Yahoo, while Microsoft's stock has risen some. Microsoft will probably come back to Yahoo when the share value gets under $20/share (some speculation that the share prices can get this low), and offer them another buyout for like $25 or 26/share. Microsoft can obviously survive because they have office, the marvelous XP operating system, and the new Vista. Yahoo just has their music stream and a search engine. I don't know if the company is invested in anything outside of those two. I'm looking forward to seeing Yahoo stock prices start ticking down below $20 in the near future.

Google is gonna work Yahoo so badly when Apple releases the 3G IPhone this summer. That is one more thing that Google has been paired up with that will be a huge success. I'm waiting for Apple to pullback a few dollars before I buy some shares, but over the last 2 weeks it doesn't look like it wants to pull back at all. I so should have bought this stock 3 weeks ago when it was $150/share.

LMFAO "oh i thought i didn't need that" i bet in your head you were like "go kick your mom in the ass for me when you get home " 08mazda2.0
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post #8 of 9 (permalink) Old 05-05-2008, 03:13 PM Thread Starter
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Re: How do you feel about the M&A's for 2008?

Just found this link on why Yahoo shares are holding up so well.

http://www.bloggingstocks.com/2008/0...ng-up-so-well/

I still don't have much faith in the stock at its current price and it was also downgraded today from buy to hold.

LMFAO "oh i thought i didn't need that" i bet in your head you were like "go kick your mom in the ass for me when you get home " 08mazda2.0
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post #9 of 9 (permalink) Old 05-05-2008, 03:28 PM Thread Starter
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Re: How do you feel about the M&A's for 2008?

Found another link about Sprint seriously considering selling off Nextel. That is the best news I've heard all day! If Sprint can get rid of this terrible purchase then they will definitely be profitable in the future. The Nextel acquisition was just one more network that Sprint couldn't work with, and Dan Hesse has figured that one out. The big question is if they can find someone who wants to spin it off or buy it. So much for Deutsche Telekom getting to buy Sprint, because I guarantee you that deal is out the window before it ever happen. Deutsche Telekom I feel would have to offer at least $18/share for Sprint to even be ok with a takeover bid. If Sprint can unload Nextel, find a joint venture for Wimax, and then the company could very much start improving in share value!

LMFAO "oh i thought i didn't need that" i bet in your head you were like "go kick your mom in the ass for me when you get home " 08mazda2.0
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