#acquisition

We had a crunch meeting today, to tell all staff that all departments including companies they have acquired will be taking lay offs. more than 20 from my dept alone, would be one third.

Is a sale being announced tomorrow

https://www.healthcare.digital/single-post/oracle-cerner-potential-acquirers-of-oracle-health

"A Private Equity consortium led by a firm like Thoma Bravo or Francisco Partners is the most probable successor. This structure satisfies several competing requirements: it provides Oracle with an immediate cash infusion to fund its GPU clusters (satisfying the liquidity crisis), it bypasses the most severe antitrust hurdles associated with a Microsoft or Amazon acquisition and it allows for a "neutral" platform that could potentially stabilize the customer base."

Conclusions: Sell off Oracle Heath, ORCL needs the cash ! New CFO is the Grim Reaper !

Fifth Third Bancorp will close 75 Michigan locations. This action follows the company's acquisition of Comerica. Layoffs are expected, but the company prioritizes moving staff to other roles. The closures and brand transition are scheduled for Labor Day weekend. An earlier notice indicated 502 layoffs at a separate Comerica campus.

https://www.woodtv.com/news/michigan/fifth-third-leader-some-layoffs-likely-as-75-michigan-branches-close-but-situation-fluid/

As someone in EMEA in professional services (cyber security consulting) at Verizon, we're hearing a lot regarding the potential for certain business units to be sold off to BT to boost their capabilities. What you have you guys heard? In EMEA it was looking like a collective dismissal first, but now it's looking more and more likely that a sell off will take place instead.

• Yield10 Bioscience filed for Chapter 11 bankruptcy and entered liquidation in 2024.
• In January 2025, Nufarm Limited acquired substantially all of Yield10's assets.

• The transaction marked the end of Yield10's standalone operations as a crop-trait engineering company.

• Assets acquired by Nufarm:

  • Entire Camelina R&D portfolio.
  • Intellectual property for:
    • Omega-3 production
    • Herbicide tolerance
    • Bio-energy traits
  • Early-stage bioplastics (PHA) research.

• Integration and future plans:

  • The Camelina platform was integrated into Nuseed, Nufarm's seed-technology division.
  • Nuseed plans to expand omega-3 products for:
    • Aquaculture
    • Human nutrition
    • Pharmaceutical applications

• Company status:

  • Yield10 Bioscience (formerly Metabolix) was delisted from Nasdaq in May 2024.
  • The company was liquidated.
  • Its stock transitioned to bankruptcy trading status under ticker YTENQ.

• Additional sources:

  • Nufarm and Nuseed corporate communications provide updates on the acquired technology platform.
  • Yahoo Finance (YTENQ) provides historical financial and legal information.

Republic National Distributing Company filed WARN notices for 463 employees in Washington and Oregon. These layoffs affect 267 workers in Washington and 146 in Oregon. Terminations are expected to begin on or after July 17. Columbia Distributing signed a letter of intent to acquire RNDC's distribution rights in these states. This move is part of RNDC's broader withdrawal from multiple US markets.

https://unitewithpriti.co.uk/news/463-jobs-gone-what-the-rndc-washington-oregon-layoffs-reveal-about-americas-alcohol-industry/

Finally we are recovering, i think this is a great long term hold with our pivot to AI

Thank you to our fearless leaders

Apache is producing more oil with the least amount of people in its history. What’s next for Apache? Any more consolidation or reverse mergers? BTW Repsol bailed from its reverse merger but it could have capitalized a 15 dollar a share profit and also had 4 Billion in Abandonment liability

Rumours sold announcement soon

Stankey is licking his chops looking to make some moves on the streets.

What were these secret foscussions that caused a clash between a board member and AM? The discussions have been described as a “deal” and “sensitive negotiations” and “essential discussions”. The plot thickens. It could range anywhere from something relatively small to - dare I say it - a merger/buyout. Let the speculation begin.

It is incredibly exhausting to watch the Verizon Corporate playbook unfold this way.
The FCC's approval of Verizon’s $1 billion acquisition of Array Digital Infrastructure’s spectrum licenses highlights a frustrating reality in the telecom industry. Capital investments in assets are prioritized while internal human infrastructure is treated as a disposable expense.
Late 2025 – Early 2026...Under the mandate of "restructuring the expense base," Verizon executed the largest workforce reduction in its history, slashing roughly 15,000 roles (about 15% of its workforce). The cuts heavily targeted non-union management, thinning out deep layers of institutional knowledge and technical leadership.
Then the Frontier acquisition makes the whole scenario even more cynical.
Frontier itself is a patchwork of legacy systems, heavily built out of old Verizon copper and fiber properties (like the FiOS territories Verizon dumped on them a decade ago), alongside various independent local exchange carrier (ILEC) networks. Merging those complex transport layers, legal demand operations, and routing architectures into Verizon’s wireless core is an incredibly complex engineering task.
When a company replaces thousands of veteran technical minds with vendor-managed solutions and automated scripts, they compromise the actual resilience of the backbone. They may own the physical glass in the ground and the spectrum in the air, but they’ve stripped away the very people who possess the diagnostic intuition to keep it running when a major regional routing failure hits.
May 2026...Just months later, the FCC cleared a $1 billion deal for Verizon to absorb spectrum licenses across 618 counties in 19 states.
In the eyes of the executive suite and Wall Street, spending $1 billion on airwaves is viewed as building a "simpler, leaner, and scrappier business." From a purely architectural standpoint, low-band and mid-band spectrum are the lifeblood of network capacity. Executives argue that you can't run a network without the spectrum to back it up, and they are willing to spend billions to keep pace with T-Mobile and AT&T. But the glaring flaw in this philosophy is that spectrum doesn't manage itself.
When a company strips away over 15,000 employees—decades of hands-on expertise, system engineering, and operational continuity—they are betting entirely on automation, vendor solutions, and junior staff to stitch the new infrastructure together. It ignores the reality that the "meat" of a reliable network isn't just the raw megahertz you own; it's the architectural knowledge required to deploy, secure, and maintain it without catastrophic failures.
Squeezing the people who built the system to fund a balance sheet optimization is a short-term strategy that frequently backfires on long-term operational stability. It’s the ultimate corporate paradox - buying up the highway while laying off the engineers who know how to pave it.

I left Dell but retained the stock.I see the Trump admin gave a big DoD contract to Dell that should have gone to Microsoft. The result is a 30% increase in the stock price.

I have no inside knowledge, but with most of the earnings coming from AI servers and services - how long before they spin off the PC and accessories business like IBM did some decades back?”

Congrats on the Exxon farmin. Offsets APC Guyana acreage that has been in force majeure for years . Also remember it had a high gas risk associated with it.

Perella Weinberg Partners is reducing its workforce. The firm is cutting 10% of its staff, including 12 partners. This follows a 91% drop in net income during the first quarter. Concurrently, PWP is acquiring Gleacher Shacklock, a British bank. This acquisition will add up to eight senior bankers in London.

London, United Kingdom

https://www.efinancialcareers.com/news/pwp-cuts-tim-shacklock

Thoughts on Instaclustr acquisition?

Jamie will soon be our new boss after the acquisition. Will he be any better?

You have to understand that leadership rolls at Verizon are often essentially glorified IC positions. It’s a remnant of all the mergers and acquisitions that formed Verizon. There is not enough pay growth in actual IC positions here. There are not enough band 5 level IC positions. So IC’s take manager rolls simply because there are more of them. Then they get those rolls because of their performance or relationship’s established while being a decent IC. So the lack of quality people leaders is to be expected. The reality is you could collapse Senior Manager, Associate Director into one roll across the company and not miss a beat. I suspect you could even collapse Director into that single roll with little impact depending on the business unit.

Bumped from @aq+1kr3jr1wf.

What company or market will CVX buy into next?
CVX oil finders particularly ex Hess G&G are not developing attractive runways and the companies doing a great job of decommissioning and divesting assets.

FIS is on its way to bankruptcy.
Norcross ran company by M&A and hiding the financials.
After WorldPay disaster, FIS tried to fool Wall St. by acquiring Global Payments.
But deal was leaked and did not go thru.
This company is built on Financial networking nothing else.
The product offering are outdated and have very bad reputation in market.
If you own stock then do yourself a favor by selling it now.

The amount of skeletons we are moving with is too much for the old and too cheap to quit the lease tiny quarters. Wait! That will be for the new owners to bear. Sails a Way buckaroos!

It’s that time again when we forecast and alter the future…
Will Shell acquire or consolidate with bp? Is Shell waiting for the Deepwater Horizon payments to become manageable?

The Dutch government has blocked the sale of Solvinity, the company that manages its online services portal DigiD, to the US-based tech giant Kyndryl amid concerns that millions of citizens’ private data could be compromised.

https://www.dutchnews.nl/2026/05/dutch-government-blocks-sale-of-digid-owner-to-us-tech-giant/

Is SAP still a software company? CK opened with this question at Sapphire.

There are more and more reports of SAP moving away from creating software products. And CK wants SAP to become the largest private and public sector data store for Palantir. What is the strategy even?

And if AI is good enough to make decisions, why are we not replacing our executives with AI?

I foresee a giant push back from the public sector when they realize that SAP is simply looking to get acquired by Palantir.

https://www.ad-hoc-news.de/boerse/news/ueberblick/hewlett-packard-enterprise-stock-us42824c1099-ai-server-bo-m-and-dxc/69396981

What happens to ADM if it's not sold?

The 25% reduction in headcount from the BD acquisition is coming. Wednesday is going to be brutal. Expect across all functions, all segments, but especially ADx. R&D likely to be hit especially hard. Lawyer/HR was onsite in Sparks for a reason - upper leadership has been discussing the reorg all this past week at the Sparks location. Anyone with direct subordinates being let go were informed this past week as well. Waters is not BD - they are breezing through letting people go for cause as well as layoffs. If your leadership team does not like you, expect to be let go sooner rather than later. Happy holiday weekend, everyone!

Not sure whether the Splunk acquisition has done much, if anything for Cisco's bottom line. Anyone know anything 'bout what will happen to the "Splunksters"?

thought maryann was going to drop a bo-b on us during the latest insight forum….no mention of this though, right? heard rumors on selling off smaller refineries, purchasing a new big gulf coast refinery…any more news on the pipeline?

AbbVie announced 85 permanent layoffs at its Irvine, California, location. These layoffs will become effective on July 20. The affected positions are within the company's eye care business. This follows previous workforce reductions at the site in prior years. AbbVie acquired Allergan, including its eye care franchise, in 2019.

Irvine, California

https://www.fiercepharma.com/pharma/abbvie-plots-85-summer-layoffs-tied-allergan-aesthetics-workforce-california

Last week at Broadcast Asia "people" were blabbering that Synamedia would merge with Kaltura. Anyone else hearing this? Any Schleppers care to comment?

They aren’t even hiding it. Their LinkedIn profile is literally calling it the RedLion Takeover. How many Optimum stores are literally still in-house? The sad part is all the metrics show that the RedLion stores are doing better than the internal stores, but who knows if he could trust their numbers. Probably all fake to justify to takeover.

This is the first time since coming to Oxy 10 years ago that I have really convinced myself that we are actively trying to get bought. Between the aggressive debt reduction, new CEO, divestiture of non core assets (Oxychem), delaying long term project investment, and the countless asset summaries I've created it really seems like the writing is on the wall. I've been a part of sales teams in the past and this feels eerily similar. Anybody else feel the same way?

Please don't let SAS be gutted by private equity like they already did to many other companies.

How Private Equity Gutted Local Malls: Joann Fabrics, Red Lobster, Claire's, and More.
https://www.youtube.com/watch?v=B_7SQDuUKQs

https://www.insurancebusinessmag.com/us/news/mergers-acquisitions/cvs-offloads-omnicare-pharmacy-unit-in-250m-bankruptcy-sale-575756.aspx

https://finance.yahoo.com/markets/stocks/articles/fiserv-prunes-non-core-assets-103900049.html

Heard on the grapevine that the sell off to BT is now more likely than the mass dismissal in EMEA. At least for Professional Services teams working on Security products. That should buy people some security for a few years. Regarding exactly which teams, remains to be seen. BT earnings call today 21.05.