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Tag: acquisition
Altice pauses acquisition spree
2015-09-25 08:30:00| Telecompaper Headlines
(Telecompaper) Altice CEO Dexter Goei said the company will take a break from its acquisition spree, following the agreement to buy Cablevision. "We owe it to our investors, both on the debt and equity side, to pause on the pace of the acquisitions, particularly on the sizable ones," Goei said in an interview with Bloomberg. The pause could be a few months to a couple of years. "Six to nine months is nothing. We may pause for two years because we still have a huge amount of organic growth internally," Goei said. "The only thing that would make us scratch our heads is if Cox came up and said 'I'm going to auction my business.'" Cox Communications spokesman Todd Smith said the company was not for sale, "though we are open to anything that would help us grow." By taking a breather on more acquisitions, Altice has a chance of managing the current costs and building up its cash supply to help pay down debt next year, Goei said, noting "we can see ourselves deleveraging very aggressively in 2016".
Tags: acquisition
spree
pauses
altice
Insider Buying: One Acquisition Holdin Pangaea Acquires 1,651 Shares...
2015-09-24 16:12:38| Electronics - Topix.net
Pangaea Logistics Solutions major shareholder One Acquisition Holdin Pangaea purchased 1,651 shares of the company's stock in a transaction that occurred on Monday, September 21st. The shares were acquired at an average price of $3.43 per share, for a total transaction of $5,662.93.
Tags: buying
shares
acquisition
insider
Infor completes acquisition of GT Nexus
2015-09-24 12:04:52| Daily apparel & textile news and comment - from just-style.com
Business application software firm Infor has completed its US$675m deal to acquire cloud-based global commerce platform GT Nexus.
Tags: acquisition
nexus
infor
completes
SpiderCloud: A Small Cell Acquisition Target?
2015-09-24 11:58:49| Industrial Machines - Topix.net
Here's a thing: There really aren't a lot of small cell startups left for larger vendors to buy, particularly not ones with a steady and growing revenue stream. That's why it's interesting to look at SpiderCloud Wireless and consider its future.
Tags: small
cell
target
acquisition
Blackstones $6B Hotel Acquisition: Pancakes or Pot Roast?
2015-09-24 10:00:00| National Real Estate Investor
In recent memory, Blackstone has used two recipes in strategic commercial real estate acquisitionscall them the pancake and the pot roast. read more
Tags: hotel
acquisition
pot
roast
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