https://pinboard.in/u:jerryking/public/ recent bookmarks from jerryking 2026-06-02T13:26:13+00:00 https://archive.is/20260523064248/https://www.ft.com/content/20aed12e-b196-44f8-8a9d-54ba5e37979f#selection-1923.0-1946.0 jerryking artificial_intelligence M&A mergers_&_acquisitions private_equity scaling https://pinboard.in/ https://pinboard.in/u:jerryking/b:cc3c39d0c821/ 2023-06-09T08:53:20+00:00 https://www.theglobeandmail.com/sports/article-reaction-against-liv-pga-tour-merger-suggests-principle-can-be-found/ jerryking Cathal_Kelly golf hypocrisy M&A mergers_&_acquisitions PGA principles sports athletes_&_athletics moral_hazards personal_enrichment Saudis Saudi_Arabia sportswashing sports_betting moral_ambiguities moral_compromises going_against_the_grain debased https://pinboard.in/ https://pinboard.in/u:jerryking/b:80c55d5ddf8a/ 2023-04-11T11:20:49+00:00 https://www.theglobeandmail.com/business/article-rogers-to-acquire-ttc-wireless-network-bring-5g-to-subway-system-2/ jerryking 5G M&A mergers_&_acquisitions Rogers TTC wireless subways https://pinboard.in/ https://pinboard.in/u:jerryking/b:828602dfff14/ 2023-03-24T15:56:54+00:00 https://www.theglobeandmail.com/business/rob-magazine/article-foodtastic-peter-mammas/ jerryking>Since 2016, Mammas has turned Foodtastic from a loose collection of Quebec restaurants with about $20 million in system sales into a fledgling empire poised to hit $1.2 billion in sales this year<< Foodtastic was different. Its founder and CEO, Peter Mammas, had a long history in the restaurant business..... At Foodtastic, Mammas oversees 23 restaurant brands—including Quesada, a deal that just recently closed—many of which were accumulated through acquisitions. Since 2016, he’s turned Foodtastic from a loose collection of Quebec restaurants with about $20 million in system sales into a fledgling empire with more than 1,000 restaurants poised to hit $1.2 billion in sales this year. He has a >>coffee chain (Second Cup)<<, >>casual dining<< (Milestones), quick service (Pita Pit), >>pubs<< (Fionn MacCool’s, Shoeless Joe’s), Mexican, Greek and Italian eateries, a microbrewery, and a handful of names mostly confined to Quebec. There are, for example, at least four separate entities comprising the “chicken portfolio,” as he calls it........... Mammas is constantly scouting for potential buys. His son first suggested that Foodtastic purchase Quesada after he found he was spending too much money there. Mammas will cold-call entrepreneurs, but he wants people to call him, too: At the bottom of every press release from Foodtastic is his personal mobile number. He’s nothing if not opportunistic, scooping up recognizable brands that have been beaten down amid the COVID-19 pandemic. In February, the company closed the deal to buy >>Freshii<< Inc. for $74.4 million, about 80% below the healthy-dining chain’s valuation when it went public five years ago. He bought Second Cup for even less—just $14 million, roughly. **Troubled brands** are the most appealing, in some ways. “The ones that are most advantageous for us are where we can fix them and then grow them,” Mammas says........And that’s the real challenge. Any entrepreneur can take advantage of a crisis to borrow money and buy some restaurants. It’s another thing to boost sales and bring in new customers........Mammas is still grappling with some of those questions even as he scouts for more deals. There are holes in the Foodtastic portfolio: no breakfast spots, no Asian cuisine, no quick-serve burgers....... in 2016, Mammas incorporated Foodtastic, along with his brother and a friend, to bring together five brands, one of which was a Quebec chain called La Belle et La Boeuf..........To grow Foodtastic, he needed money. Through a mutual friend, he met Jordan Rubin, who previously worked at Pershing Square Capital Management, the firm founded by activist investor Bill Ackman, which has a large stake in Restaurant Brands International. Rubin went into business for himself; he formed a joint partnership with an asset manager in California called Oaktree Capital Management to invest in restaurants. “My pitch to them was: ‘Listen, you know what MTY has done? We could replicate that,’” Mammas recalls. He secured a $47-million investment in 2018 from the partnership, called Restaurant Royalty Partners.......with a second round of funding in 2021, Foodtastic made at least eight acquisitions, including Second Cup, Copper Branch, Milestones, Pita Pit, Quesada and Freshii. With that, Foodtastic became a national player. ]]> brands cafés casual_dining CEOs chicken coffeehouses competitive_landscape conglomerates cost_savings Covid-19 entrepreneur experimentation fallen_angels fast-food Foodtastic founders franchising Freshii funding hands-on M&A mergers_&_acquisitions Oaktree pandemics Peter_Mammas portfolios private_equity pubs Quebec restauranteurs restaurants roll_ups Second_Cup serial_acquirers supply_chain_squeeze expansions https://pinboard.in/ https://pinboard.in/u:jerryking/b:fef0948faee0/ 2022-09-23T20:42:46+00:00 https://www.ft.com/content/1c655bf0-916e-4c05-a58c-f8ba19fa9892 jerryking>browser<<, with >>collaboration<< between groups of workers a central feature. Although the web-first approach sacrificed something in terms of quality, it gave existing customers new ways to use design software and opened the market up to a lot more users, as the cloud had before. It also appealed to a new generation of users who had grown up on the web......In the design world, Figma has not even been the most notable exponent of this browser-based revolution. The Australian design software company >>Canva<< has looked like a more direct long-term threat to Adobe’s mainstream design business.......The gamble, as often when new generations of technology appear, is that the new market will end up being much bigger than the old one. But this often means offering lower-priced versions of a product or letting some customers use the product for free. Adobe was already moving in this direction, announcing a “freemium” version of its software last year aimed at taking on Canva.......When it moved to the cloud, Adobe succeeded in convincing Wall Street it was worth taking a dent to revenues over a number of years to break into a new market. But if Adobe’s management thought its past success would give it an easy ride with investors, it badly misread the room........One reason is the higher level of risk it is taking on with a giant acquisition. Like most disrupters, Figma built its >>culture<< around challenging the incumbents. To now join forces brings an inevitable clash of cultures that, if not managed right, could lead to the loss of both workers and customers. Also, grafting its existing design tools on to Figma’s collaboration platform throws up technical and sales integration challenges...........There is also a risk that antitrust regulators will try to intervene. There is some product overlap, though Adobe’s relative weakness among the product designers Figma appeals to means this is unlikely to be a deal-breaker. More of a threat will be if >>regulators<< see Adobe’s move as a way to take out a competitor. In that regard, the purchase has similarities with Facebook’s acquisition of Instagram and WhatsApp, and Google’s takeover of YouTube. With hindsight, some regulators have regretted waving these deals through, and even suggested they should be unpicked.........Above all, there is the question of timing. Adobe’s big bet on the future has run headlong into a profound **mood shift** among tech investors. Buying growth is no longer in fashion, and if a tech slowdown is coming, crimping Figma’s expansion, it will be all the more painful. Tech disruption, however, doesn’t slow down when the economy turns. For Adobe’s bruised shareholders, there may be little choice. +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Adobe has thus far paid $60 billion or 150x revenues for Figma $20 billion rack rate acquisition cost and $40 billion collapse of market cap. About half its value. Auch . . . +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Business schools spend days/weeks examining Kodak and others who fail to recognise disruptive innovation. Adobe have already successfully moved from software packs to subscriptions that locked in users....now they are going for the cloud Time will tell whether the right move...it is an alternative to long slow death... ]]> Adobe big_bets disruption Figma M&A mergers_&_acquisitions Richard_Waters antitrust browser-based Canva collaboration cloud_computing design freemium organizational_culture regulators software digital-first cloud-first shifting_moods https://pinboard.in/ https://pinboard.in/u:jerryking/b:448fefd51acd/ 2022-07-06T17:30:32+00:00 https://notes.pinboard.in/u:jerryking/48f88f01c1eba9569ccd jerryking asset_management consolidation economies_of_scale finance financial_services investment_management M&A mergers_&_acquisitions organizational_culture roll_ups https://notes.pinboard.in/ https://pinboard.in/u:jerryking/b:dd8a09849ca8/ 2022-05-26T23:58:51+00:00 https://www.nytimes.com/2022/05/26/technology/broadcom-vmware-deal.html?action=click&module=Well&pgtype=Homepage&section=Business jerryking Broadcom cloud_computing M&A mergers_&_acquisitions VMware https://pinboard.in/ https://pinboard.in/u:jerryking/b:04f33d8979e3/ 2022-01-19T00:08:43+00:00 https://www.nytimes.com/2022/01/18/business/microsoft-activision-blizzard.html jerryking Activision games M&A mergers_&_acquisitions metaverse Microsoft videogames https://pinboard.in/ https://pinboard.in/u:jerryking/b:e2eaa09917de/ 2021-06-08T02:45:20+00:00 https://www.theglobeandmail.com/business/technology/article-lightspeed-pos-continues-shopping-spree-with-two-acquisitions-valued/#comments jerryking Lightspeed M&A mergers_&_acquisitions Shopify https://pinboard.in/ https://pinboard.in/u:jerryking/b:b569a2213d56/ 2021-06-01T17:46:06+00:00 https://www.ft.com/content/3001b73f-60f5-419c-843f-656054ad8c89 jerryking>financial crime<< software group. Meanwhile, Deutsche Börse indicated that it would look to do deals in indices and analytics, as well as information related to environmental, social and governance (ESG) investing. Acquisition gossip has been further stoked by S&P Global’s planned $44B purchase of IHS Markit — an industry mega-merger and one of the largest transactions announced last year. In recent months, investors have speculated that FactSet could also be a target.  But whether another exchange would follow the LSE in buying a data provider is another matter..........For a start, many of the world’s largest exchanges are digesting their own deals, having also been on M&A sprees in the past year. The LSE, Intercontinental Exchange, Euronext, Nasdaq and Deutsche Börse all made big purchases.........financial data is regarded as a premium staple product — purchased regularly and out of necessity — not a commodity. Exchanges can only justify providing and charging a high price for it if users find it valuable. “How valuable data is, is very much dependent not just on what is charged to users but their associated cost of processing it,”....... the technology challenge may be getting harder. .....the pandemic had made the financial industry more creative in how it used data. More emphasis is being placed on integrating information such as alternative data, while spending less on terminals in favour of virtual desktops that can be used on mobile devices.........That may awaken interest from the world’s biggest technology companies rather than exchange operators. “Non-traditional players [ie Big Tech] are expected to enter the business aggressively,”..... For the financial markets data industry, these rivals could be the biggest challenge of all. ]]> alternative_data analytics Big_Tech commoditization_of_information data data_products Deutsche_Börse ESG Euronext FactSet financial_crimes financial_data financial_markets indices IntercontinentalExchange investors LSE mergers_&_acquisitions M&A Markit Nasdaq post-deal_integration Refinitiv S&P stockmarkets Thomson_Reuters tools trading_platforms Verafin Bloomberg bourses https://pinboard.in/ https://pinboard.in/u:jerryking/b:fc943f54b35b/ 2021-04-26T15:26:47+00:00 https://www.ft.com/content/0475dc4f-f195-49f2-b58e-deedbca046a2 jerryking cyber_security M&A mergers_&_acquisitions private_equity Thoma_Bravo https://pinboard.in/ https://pinboard.in/u:jerryking/b:d539d402fb17/ 2021-03-21T17:00:23+00:00 https://www.theglobeandmail.com/opinion/article-its-time-to-put-consumers-first-how-about-we-start-with-the-rogers/ jerryking>hothouse flowers<<, the domestic wireless startup........Rather than trying to gin up domestic competition out of nowhere, we could just stop prohibiting competition, from the only place it is likely to come: outside our borders. Technically foreign wireless operators are allowed to enter the market, but they are effectively deterred from doing so, in part by the raft of “service” obligations the regulators have piled on the industry (again, paid for by consumers). Neither are they allowed to establish a competitive beachhead in the market, by acquiring one of the Big Three. That will never change, so long as we remain stuck in the dominant producerist mindset [i.e. = "entrenched interest"]. It isn’t just telecoms, after all. Why do Canadians pay among the highest air fares in the world? Because the Canadian airline industry is a protected duopoly. Why do we pay among the highest mutual fund fees in the world? Because the financial services industry is reserved to a handful of Canadian banks and other players. Why do we pay twice the market price or more for such staple foods as milk, eggs and poultry? Because these industries are organized as state-supervised price-fixing rings.[i.e. = "cartels"/"supply management"] I remember, during the great free-trade debate of 1988, a union leader warning it would bring “dog-eat-dog competition” to Canada. He need not have worried. Across much of the Canadian economy, the prevailing thrust of policy remains the same: to enable both dogs to feast on consumers. ]]> 5G Adam_Smith Andrew_Coyne competition consumers M&A mergers_&_acquisitions producers regulations regulators Rogers Shaw subsidies telecommunications wireless public_interest consolidation deal-making entrenched_interests cartels supply_management hothouse_flowers https://pinboard.in/ https://pinboard.in/u:jerryking/b:bf33bce97ea8/ 2021-02-08T17:43:39+00:00 https://www.ft.com/content/4fde8d7a-dc67-407b-b95a-de78b01fb539 jerryking Amazon AWS books Cambrian_explosion capital_allocation catch_and_kill coffeehouses constraints culling diversification experimentation exploitation exploration GitHub ideas innovation innovators inventiveness Jeff_Bezos jugaad LinkedIn M&A mergers_&_acquisitions Microsoft new_businesses new_products novelty patents organizational_culture Quidsi small_bets Starbucks Stryber systematic_approaches troublemakers kill_rates Play_Bigger thinking_big plussing https://pinboard.in/ https://pinboard.in/u:jerryking/b:03f6ec8f0b34/ 2020-11-19T22:11:26+00:00 https://www.theglobeandmail.com/business/article-nasdaq-to-buy-canadas-verafin-for-us275-billion/ jerryking Atlantic_Canada anti-money_laundering books cloud_computing financial_institutions fin-tech fraud_detection global_champions Gordon_Pitts head_offices IVP M&A Memorial_University mergers_&_acquisitions Nasdaq Newfoundland software Verafin financial_crimes defining_moments https://pinboard.in/ https://pinboard.in/u:jerryking/b:f1b58d5f53d3/ 2020-07-09T03:17:40+00:00 https://www.nytimes.com/2020/06/30/opinion/sunday/mergers-buyouts-economy-inequality.html?searchResultPosition=1 jerryking backlash buyouts consolidation corporate_concentration discontent economic_inequity antitrust enforcement ideas M&A mergers_&_acquisitions survival_strategies Tim_Wu employee-owned employees employee_ownership pandemics curses https://pinboard.in/ https://pinboard.in/u:jerryking/b:9fe88c44b480/ 2020-06-14T20:04:42+00:00 https://www.nytimes.com/2020/06/13/technology/facebook-amazon-apple-google-microsoft-tech-pandemic-opportunity.html?action=click&module=Well&pgtype=Homepage&section=Technology jerryking FAANG mergers_&_acquisitions pandemics post-coronavirus_era recessions Big_Tech kairos M&A opportunities https://pinboard.in/ https://pinboard.in/u:jerryking/b:097ac78d836d/ 2020-05-21T19:57:00+00:00 https://notes.pinboard.in/u:jerryking/8c3c8e669ce80f4d5451 jerryking CIOs FAANG large_companies M&A mergers_&_acquisitions Microsoft pandemics start_ups Uber https://notes.pinboard.in/ https://pinboard.in/u:jerryking/b:a9947134a14d/ 2020-03-04T20:29:16+00:00 https://notes.pinboard.in/u:jerryking/8ba75cd89158284de2c1 jerryking culling exits financial_distress M&A mergers_&_acquisitions selling_out start_ups triage vc venture_capital https://notes.pinboard.in/ https://pinboard.in/u:jerryking/b:7a811cd0068e/ 2020-02-24T17:17:01+00:00 https://www.wsj.com/video/why-trendy-cosmetic-brands-keep-getting-bought-up/09D69A8F-2817-4D6D-A628-8B8284976F57.html?mod=article_inline&mod=hp_lead_pos11 jerrykingbrands M&A mergers_&_acquisitions personal_care_products personal_grooming mill https://pinboard.in/ https://pinboard.in/u:jerryking/b:d8c152abc639/ 2019-11-04T20:24:08+00:00 https://www.wsj.com/articles/SB1028648536705001000 jerryking>limited partnership<< interests in venture funds," said Scott Conners, a principal at Landmark Partners Inc. of Simsbury, Conn. "It's much less diversified, and managers of corporate venture units don't normally have the same disciplines as the traditional venture fund managers. Also, even if they had the requisite management skills, why not handpick your own investments rather than acquire other people's baggage?" According to sources, Accenture had been negotiating with frontrunner Thomas Weisel Partners LLC of San Francisco. Credit Suisse First Boston, retained as investment adviser, was also believed to be a potential buyer. Neither could be reached for comment. CIBC gave no details on the transaction, due to close at the end of the year. As with all secondary market transactions, it remains subject to transfer approvals from companies within the portfolio. Some secondary market sources said they had given Accenture's offer a "quick look" but declined because the portfolio consisted of direct investments that are tougher to manage or require undetermined extra financing to make them viable. "They've been trying to sell for a long time now, and it didn't look spectacular to me," said one potential New York buyer. Conners added: "Many corporate venture deals tend to be 'me-too' deals that they pay a high price for." CIBC executives described the deal as "an attractive investment" opportunity. "The acquisition clearly demonstrates our commitment to the technology sector generally and software specifically," said Marshall Heinberg, a CIBC World Markets managing director and head of U.S. corporate finance, in a statement. It isn't clear whether the transaction will include the transfer of any managers from Accenture Technology Ventures, the Palo Alto, Calif., business unit that made the original investments, to help manage the assets. CIBC's venture group, consisting of six investment professionals, makes direct investments as part of CIBC Capital Partners. Its portfolio currently includes about 50 companies, primarily in North America. Since its inception in 1989, CIBC Capital Partners has invested more than $1 billion. The firm would not elaborate on its secondary market activities, but one New York-based secondary specialist said CIBC hasn't bought such interests since a $300 million purchase nearly two years ago. Accenture, which split from Arthur Andersen LLP and was formerly known as Andersen Consulting, said it will continue its existing client relationships with companies in the portfolio. Accenture made only direct investments in companies, putting in $2 million to $30 million, according to New York financial markets research firm Capital IQ. Portfolio companies include AltoWeb Inc., a Palo Alto-based supplier of application production platforms, and Epylon Corp., a San Francisco-based online procurement company. Accenture and CIBC World Markets also said they plan to join an alliance to offer CIBC access to Accenture's technology-sector knowledge.]]> Accenture CIBC early-stage mergers_&_acquisitions venture_capital portfolio_management corporate_investors selling_off exits secondary_markets start_ups economic_downturn limited_partnerships https://pinboard.in/ https://pinboard.in/u:jerryking/b:441776dd4adb/ 2019-10-29T00:42:26+00:00 https://www.nytimes.com/2019/10/10/education/learning/colleges-survival-strategies.html?action=click&module=Well&pgtype=Homepage&section=Education jerryking business_models CEOs Colleges_&_Universities corporate_training differentiation downward_spirals economies_of_scale education enrollment good_intentions growth hard_times Howard mergers_&_acquisitions mid-sized partnerships store_closings students wishful_thinking survival_strategies https://pinboard.in/ https://pinboard.in/u:jerryking/b:41fcd114ab57/ 2019-09-25T15:49:05+00:00 https://www.wsj.com/articles/inspire-brands-to-add-jimmy-johns-to-its-restaurant-roster-11569408901?mod=hp_lead_pos3 jerryking brands fast-food M&A mergers_&_acquisitions restaurants https://pinboard.in/ https://pinboard.in/u:jerryking/b:e11128ad6e9f/ 2019-09-23T14:53:31+00:00 https://www.theglobeandmail.com/business/rob-magazine/article-can-tim-hortons-brazilian-president-return-the-iconic-canadian-brand/#comments jerryking 3G_Capital aspirations beverages brands Burger_King China coffee Communicating_&_Connecting crossborder data_driven fallen_angels fast-food franchising growth innovation lawsuits M&A mergers_&_acquisitions millennials organizational_culture playbooks Popeyes product_quality RBI reputation restaurants Tim_Hortons turmoil back-house_opportunities CEOs https://pinboard.in/ https://pinboard.in/u:jerryking/b:89c247e9f256/ 2019-07-29T15:43:35+00:00 https://www.ft.com/content/b6b4a398-b143-11e9-8cb2-799a3a8cf37b jerryking>Blackstone<<. If an agreement is reached for a company best-known for its Eikon desktop terminals, it would transform the LSE into a provider of financial market infrastructure and data with the scale to take on US exchange industry heavyweights >>Intercontinental Exchange<< and CME Group as well as Michael Bloomberg’s financial information empire. “This would be a bold move in the shift among exchanges away from the matching of buyers and sellers and into the business of selling information,” said Kevin McPartland, head of market structure research at consultancy Greenwich Associates. “Data are so valuable and so is having the network of traders and investors to access that data — that’s all at play here.”......The deal would also be a >>defining moment<< for the LSE’s chief executive, David Schwimmer, just a year after the relatively unknown former Goldman Sachs banker was parachuted in to steady the ship. Its scale will bring considerable risk in execution alongside the need to convince LSE shareholders that taking on Refinitiv’s $12bn of debt will prove worth it. Industry analysts see the strategic logic of the deal for the LSE, best known for its UK stock exchange and derivatives clearing house LCH. While revenue from initial public offerings can be more volatile, spending by everyone from asset managers to hedge funds on >>financial data<< and the analytical tools to make use of it has been going in one direction. It hit a record $30.5bn last year.......“What’s happened is exchanges have found it more difficult to find ways of generating revenue in their traditional businesses [JCK: that is, the commodification of data],” “You can deliver data so easily now, there is **voracious appetite** from anyone making investment decisions so they can get an edge.”.....As well as winning over LSE shareholders, any deal is likely to face a lengthy period of antitrust approvals. “There is a wider market concern about exchanges and data vendors combining,” said Niki Beattie, founder of Market Structure Partners. “The global world of data distribution is presided over by a small number of players who have a lot of power.” ]]> asset_management Blackstone Bloomberg bourses data financial_data hedge_funds inflection_points IntercontinentalExchange investors LSE mergers_&_acquisitions M&A Refinitiv stockmarkets Thomson_Reuters tools trading_platforms turning_points defining_moments commoditization_of_information data_products data-hunger https://pinboard.in/ https://pinboard.in/u:jerryking/b:f229d37c63c2/ 2019-06-20T16:07:50+00:00 https://www.wsj.com/articles/havas-acquires-majority-of-battery-ad-agency-known-for-netflix-work-11561015920?mod=hp_minor_pos1 jerryking advertising advertising_agencies Havas mergers_&_acquisitions M&A Netflix shifting_tastes https://pinboard.in/ https://pinboard.in/u:jerryking/b:4468780f83d4/ 2019-05-22T13:34:05+00:00 https://www.theglobeandmail.com/business/streetwise/article-betting-on-breakfast-sandwiches-cpp-invests-200-million-in-canadas/ jerryking breakfasts CPPIB food foodservice grocery M&A mergers_&_acquisitions partnerships premium sandwiches shifting_tastes Starbucks supermarkets supply_chains Tim_Kiladze Wal-Mart roll_ups https://pinboard.in/ https://pinboard.in/u:jerryking/b:8989d4cf3a8b/ 2019-03-26T04:05:27+00:00 https://www.wsj.com/articles/mcdonalds-nears-deal-to-buy-israeli-digital-startup-dynamic-yield-11553552124 jerryking fast-food Israeli M&A mergers_&_acquisitions restaurants start_ups McDonald's https://pinboard.in/ https://pinboard.in/u:jerryking/b:7fca9b7a08c5/ 2019-02-26T04:46:00+00:00 https://www.wsj.com/articles/lineage-logistics-buys-rival-preferred-freezer-services-11551092401?mod=hp_minor_pos13 jerrykingcold_storage mergers_&_acquisitions M&A https://pinboard.in/ https://pinboard.in/u:jerryking/b:5ef0b4f5aae6/ 2019-02-24T09:46:03+00:00 https://www.wsj.com/articles/it-shook-the-food-business-by-snagging-burger-king-kraft-and-heinz-now-3g-is-reeling-11550875206?mod=hp_lead_pos6 jerryking ABInBev Big_Food brands cost-cutting Kraft_Heinz investors M&A mergers_&_acquisitions millennials shifting_tastes zero-based_budgeting 3G_Capital https://pinboard.in/ https://pinboard.in/u:jerryking/b:75571d233be6/ 2018-12-04T15:20:56+00:00 https://www.ft.com/content/e6de9e30-f743-11e8-af46-2022a0b02a6c jerryking alternative_data Nasdaq mergers_&_acquisitions Quandl Robin_Wigglesworth https://pinboard.in/ https://pinboard.in/u:jerryking/b:b1ada418114a/ 2018-08-05T20:58:07+00:00 https://www.theglobeandmail.com/investing/article-constellation-software-may-have-to-revisit-its-retreat-into-silence/ jerryking dealmakers software mergers_&_acquisitions consolidation Ivey alumni Constellation_Software https://pinboard.in/ https://pinboard.in/u:jerryking/b:233a28a51a07/ 2018-06-23T01:56:25+00:00 https://www.ft.com/content/93452d32-7531-11e8-bab2-43bd4ae655dd#comments-anchor jerryking Andrew_Carnegie Anne-Marie_Slaughter artificial_intelligence books cloud_computing end_of_ownership entertainment_industry Netflix platforms scaling size AT&T Comcast customization gazelles nimbleness mass_media personalization mergers_&_acquisitions 21st_Century_Fox Time_Warner 19th_century microproducers target_marketing unscalability silo_mentality railways steel_mills Disney vertical_integration https://pinboard.in/ https://pinboard.in/u:jerryking/b:86aaebe28af2/ 2018-05-26T01:41:21+00:00 https://www.ft.com/content/4b3aa06a-b31f-11e6-a37c-f4a01f1b0fa1 jerryking travel Scotland small_business mergers_&_acquisitions M&A software_developers buyouts https://pinboard.in/ https://pinboard.in/u:jerryking/b:5898263a35dc/ 2018-05-23T21:24:52+00:00 https://www.ft.com/content/41af5986-5e05-11e8-9334-2218e7146b04 jerryking banks consolidation mergers_&_acquisitions pitches opportunistic location_based_services LBMA https://pinboard.in/ https://pinboard.in/u:jerryking/b:9df165ee4dc6/ 2018-05-08T03:31:49+00:00 https://www.theglobeandmail.com/business/article-harry-rosen-inc-charts-growth-strategy-for-a-changing-marketplace/ jerryking retailers Harry_Rosen mens'_clothing mergers_&_acquisitions joint_ventures partnerships Marina_Strauss https://pinboard.in/ https://pinboard.in/u:jerryking/b:2aeaa4a909b5/ 2018-03-06T02:06:56+00:00 https://www.economist.com/news/business/21737549-kevin-sneader-has-repair-work-do-south-africaand-must-tackle-technology-sector-new jerryking McKinsey appointments CEOs management_consulting SMEs mergers_&_acquisitions data_scientists software_developers https://pinboard.in/ https://pinboard.in/u:jerryking/b:f49e10efc7b4/ 2018-02-14T15:51:03+00:00 https://www.wsj.com/articles/can-the-nordstrom-family-outrun-retails-woes-1518605191 jerryking retailers Nordstrom family-owned_businesses family_business department_stores Manhattan e-commerce mergers_&_acquisitions off-price foot_traffic brands experimentation product_returns omnichannel risk-taking shoplifting long-term exclusivity Nordstrom_Local https://pinboard.in/ https://pinboard.in/u:jerryking/b:38ff4796eb79/ 2018-02-07T15:28:43+00:00 https://www.theglobeandmail.com/opinion/before-we-sell-aecon-to-china-canadas-national-security-must-come-first/article37879146/ jerryking Aecon Wesley_Wark China FDI security_&_intelligence mergers_&_acquisitions infrastructure construction SOEs https://pinboard.in/ https://pinboard.in/u:jerryking/b:f027073e05cf/ 2018-01-04T19:42:39+00:00 https://www.wsj.com/articles/outfoxed-by-small-batch-upstarts-unilever-decides-to-imitate-them-1514910342 jerryking brands Unilever marketing guerrilla_marketing offensive_tactics CPG India shifting_tastes localization mergers_&_acquisitions personal_care_products upstarts small_batch large_companies outcompete outsmart https://pinboard.in/ https://pinboard.in/u:jerryking/b:ff3560ac39ce/ 2017-12-14T18:43:02+00:00 https://www.nytimes.com/2017/12/14/business/dealbook/disney-fox-deal.html jerryking Disney M&A mergers_&_acquisitions streaming antitrust 21st_Century_Fox Department_of_Justice mass_media https://pinboard.in/ https://pinboard.in/u:jerryking/b:f8b293e6bcdc/ 2017-09-29T12:06:51+00:00 https://www.wsj.com/articles/ikea-to-acquire-online-freelancer-marketplace-taskrabbit-1506618421 jerryking IKEA TaskRabbit gig_economy mergers_&_acquisitions M&A Silicon_Valley large_companies brands Fortune_500 start_ups e-commerce home-delivery BOPIS augmented_reality urbanization digital_strategies retailers product_launches home-assembly https://pinboard.in/ https://pinboard.in/u:jerryking/b:64a869304643/ 2017-09-17T07:19:04+00:00 https://www.nytimes.com/2017/09/14/business/dealbook/nestle-blue-bottle-coffee.html?ref=dining jerryking coffee Nestlé mergers_&_acquisitions M&A artisan_hobbies_&_crafts high-end gourmet upscale foodies Big_Food brands Fortune_500 niches high-quality https://pinboard.in/ https://pinboard.in/u:jerryking/b:841615534f4c/ 2017-09-07T16:13:52+00:00 https://www.wsj.com/articles/nestle-unilever-bite-sized-deals-betray-healthier-appetite-1504791313 jerryking CPG Unilever brands niches mergers_&_acquisitions M&A Nestlé start_ups large_companies Fortune_500 plant-based Big_Food healthy_lifestyles emotional_connections shifting_tastes high-growth gazelles build_locally https://pinboard.in/ https://pinboard.in/u:jerryking/b:c4ca2dc79424/ 2017-09-06T02:50:16+00:00 https://www.wsj.com/articles/arnstein-lehr-to-merge-with-saul-ewing-in-law-firm-deal-1504623601 jerryking mergers_&_acquisitions law_firms https://pinboard.in/ https://pinboard.in/u:jerryking/b:4ad4646bf066/ 2017-08-14T16:05:38+00:00 https://www.evernote.com/Home.action?login=true#n=28f490a8-0fff-4644-85d8-b1ea25a7dffe&ses=4&sh=2&sds=2& jerryking payment_processing e-commerce Worldpay mergers_&_acquisitions https://pinboard.in/ https://pinboard.in/u:jerryking/b:f075355e858b/ 2017-08-09T14:46:57+00:00 https://www.evernote.com/Home.action?login=true#n=accde4de-fb94-4fe8-962e-fa3862c529a9&ses=4&sh=2&sds=2& jerryking Discovery mergers_&_acquisitions Scripps CATV CEOs John_Malone North_Star content consolidation https://pinboard.in/ https://pinboard.in/u:jerryking/b:e628cc6147b7/ 2017-07-17T08:41:47+00:00 https://techcrunch.com/2017/06/21/snapchat-buys-zenly/ jerryking Snapchat location social_media mapping mergers_&_acquisitions Zenly location_based_services https://pinboard.in/ https://pinboard.in/u:jerryking/b:c5b0d8337c0b/ 2017-03-19T21:02:51+00:00 https://www.wsj.com/articles/why-a-music-mogul-is-snapping-up-tiny-trade-magazines-1489921217 jerryking music_industry mergers_&_acquisitions M&A trade_publications Tim_Leiweke music magazines moguls concerts live_music live_performances the_Eagles back-house_opportunities declining_sales https://pinboard.in/ https://pinboard.in/u:jerryking/b:2e78f9abd2df/ 2017-03-14T15:11:16+00:00 http://www.theglobeandmail.com/report-on-business/international-business/african-and-mideast-business/intel-to-buy-mobileye-for-14-15-billion-report/article34279881/ jerryking autonomous_vehicles automotive_industry Intel semiconductors supply_chains mergers_&_acquisitions M&A https://pinboard.in/ https://pinboard.in/u:jerryking/b:4c56bbe2d182/ 2017-03-13T02:09:01+00:00 https://www.nytimes.com/2017/03/07/business/dealbook/can-3g-capital-keep-thriving-on-acquisitions-and-cost-cutting.html?ref=dealbook jerryking 3G_Capital mergers_&_acquisitions cost-cutting new_products private_equity cost_reduction https://pinboard.in/ https://pinboard.in/u:jerryking/b:651f8719ab6e/ 2017-01-27T05:45:17+00:00 https://www.nytimes.com/2017/01/26/opinion/how-to-save-cnn-from-itself.html?ref=business jerryking>ad revenue<<, would allow the network to support itself.]]> Time_Warner CNN mergers_&_acquisitions pundits journalism Ted_Turner AT&T ad_revenue https://pinboard.in/ https://pinboard.in/u:jerryking/b:aff9c18cde8c/ 2017-01-09T20:33:53+00:00 https://www.evernote.com/Home.action#n=4077277f-928c-4822-a0a2-249280f35c8c&ses=4&sh=2&sds=5& jerryking law_firms cyber_security Chinese hackers traders SEC mergers_&_acquisitions M&A malware Big_Law Preet_Bharara security_consciousness confidentiality securities_fraud cyberattacks wake-up_calls professional_services_firms https://pinboard.in/ https://pinboard.in/u:jerryking/b:ba0ac2570e75/ 2017-01-03T01:28:57+00:00 http://www.nytimes.com/2017/01/02/business/dealbook/mergers.html?mabReward=A6&recp=6 jerryking start_ups mergers_&_acquisitions M&A GE Honeywell post-deal_integration Fortune_500 brands large_companies acquihires strategic_buyers ubiquitousness digital_savvy https://pinboard.in/ https://pinboard.in/u:jerryking/b:8ee5ac7cb907/ 2016-11-04T22:16:04+00:00 http://www.nytimes.com/2016/11/05/business/dealbook/dalian-wanda-dick-clark-wang-jianlin.html?ref=business jerryking FDI mergers_&_acquisitions China television entertainment entertainment_industry Dalian_Wanda https://pinboard.in/ https://pinboard.in/u:jerryking/b:538cac4d0f90/ 2016-10-06T02:21:38+00:00 http://www.amplifierventures.com/wp-content/uploads/2015/11/MA-in-DC-and-Silicon-Valley.pdf jerryking Silicon_Valley trends M&A mergers_&_acquisitions https://pinboard.in/ https://pinboard.in/u:jerryking/b:264c77f4b4da/ 2016-10-05T18:12:15+00:00 https://www.fenwick.com/FenwickDocuments/MA.pdf jerrykinglaw_firms advice mergers_&_acquisitions M&A Silicon_Valley technology start_ups https://pinboard.in/ https://pinboard.in/u:jerryking/b:cc2f0dd38695/ 2016-10-01T21:14:56+00:00 http://query.nytimes.com/gst/fullpage.html?res=980CE4DE1F3CF93BA35757C0A9659D8B63 jerryking valuations start_ups talent mergers_&_acquisitions buying_a_business https://pinboard.in/ https://pinboard.in/u:jerryking/b:2c7ceba85011/ 2016-09-15T11:53:07+00:00 http://www.theglobeandmail.com/report-on-business/international-business/european-business/bayer-signs-deal-worth-close-to-66-billion-to-buy-monsanto-source/article31874753/ jerryking mergers_&_acquisitions M&A agribusiness Bayer Monsanto https://pinboard.in/ https://pinboard.in/u:jerryking/b:4b6572f19d6a/ 2016-09-05T20:18:27+00:00 http://www.wsj.com/articles/new-back-office-tech-can-be-a-mergers-best-friend-1473095427 jerryking>grunt work<< that previously was done manually. “If you can integrate faster, it becomes an advantage,” said John Hoffecker, a global vice chairman at consulting firm AlixPartners LLP. Companies that integrate acquisitions more efficiently will be able to reap better returns from takeovers, which can in turn leave them more leeway to do future deals, Mr. Hoffecker said. “You can pay a higher price,” he said. ]]> speed back-office mergers_&_acquisitions M&A technology systems_integration combinations platforms mix-and-match grunt_work https://pinboard.in/ https://pinboard.in/u:jerryking/b:08df7452d262/ 2016-08-17T17:40:31+00:00 http://www.nytimes.com/2016/08/17/business/dealbook/expect-little-antitrust-challenge-to-walmarts-bid-for-jet-com.html?ribbon-ad-idx=9&rref=business/dealbook&module=ArrowsNav&contentCollection=DealBook&action=keypress&region=FixedLeft&pgtype=article jerryking threats antitrust Wal-Mart Facebook Google Amazon paranoia mergers_&_acquisitions M&A oligopolies competitive_landscape consolidation blind_spots https://pinboard.in/ https://pinboard.in/u:jerryking/b:305b457de677/ 2016-08-11T04:39:27+00:00 http://www.nytimes.com/2016/08/11/business/dealbook/why-its-not-enough-just-to-be-disruptive.html?ref=business jerryking>durable<< advantage....Superior tactical execution can still create real value, particularly where it provides ammunition for a bigger war (like Walmart’s battle with Amazon). And in the long term, value is created not by disruption, but by weaving together advantages (as both Amazon and Walmart have done in different ways) that together create a barrier that is hard to storm.[i.e. = "impregnable"/ "protective moat"]]]> disruption value_creation Gillette competitive_advantage execution books slight_edge Amazon Wal-Mart microeconomics short-term long-term barriers_to_entry compounded unfair_advantages endurance synergies M&A mergers_&_acquisitions kaleidoscopic durability impregnable protective_moats enduring_advantages https://pinboard.in/ https://pinboard.in/u:jerryking/b:4586ff820a5d/ 2016-06-13T16:26:33+00:00 http://www.nytimes.com/2016/06/14/business/dealbook/microsoft-to-buy-linkedin-for-26-2-billion.html?ref=dealbook jerryking Microsoft LinkedIn cloud_computing Satya_Nadella mergers_&_acquisitions M&A online_communities https://pinboard.in/ https://pinboard.in/u:jerryking/b:f785956c1f9c/ 2016-04-08T17:39:24+00:00 http://www.theglobeandmail.com/report-on-business/rob-commentary/st-hubert-sold-as-quebec-inc-keeps-getting-gobbled-up/article29556152/ jerryking hollowing_out Konrad_Yakabuski Quebec CDPQ generational_change economic_nationalism multinationals competitiveness mergers_&_acquisitions M&A consolidation weak_dollar gatekeepers https://pinboard.in/ https://pinboard.in/u:jerryking/b:06e4ea9d4e25/ 2016-03-03T02:58:12+00:00 http://www.theglobeandmail.com/report-on-business/mckesson-to-acquire-rexall-drugstore-chain-in-3-billion-deal/article28994105/ jerryking Marina_Strauss retailers pharmaceutical_industry Shoppers mergers_&_acquisitions McKesson Rexall pharmacies https://pinboard.in/ https://pinboard.in/u:jerryking/b:aa07e278ea5c/ 2016-01-06T17:06:45+00:00 http://www.wsj.com/articles/mark-penns-stagwell-acquires-creative-agency-code-and-theory-1452027259 jerryking mergers_&_acquisitions M&A digital_media Mark_Penn advertising_agencies https://pinboard.in/ https://pinboard.in/u:jerryking/b:dedfe6970ed5/ 2015-12-14T01:55:50+00:00 http://www.wsj.com/articles/dow-dupont-deal-cements-activists-rise-1449882586?mod=WSJ_article_EditorsPicks_3 jerryking Dow_Chemical Dupont mergers_&_acquisitions M&A shareholder_activism CEOs boards_&_directors_&_governance https://pinboard.in/ https://pinboard.in/u:jerryking/b:5500a9b195ec/ 2015-08-10T13:27:18+00:00 http://www.theglobeandmail.com/technology/tech-news/german-car-makers-buy-nokia-maps-to-fend-off-digital-rivals/article25817012/ jerryking automotive_industry BMW Audi mergers_&_acquisitions Nokia mapping location_based_services autonomous_vehicles connected_cars Mercedes-Benz https://pinboard.in/ https://pinboard.in/u:jerryking/b:0c8c879c3397/ 2015-07-27T12:34:35+00:00 http://www.theglobeandmail.com/report-on-business/video/video-i-would-not-have-done-the-ftnikkei-deal---wpps-ceo-sorrell/article25661828/ jerryking Martin_Sorrell WPP FT mergers_&_acquisitions digital_media advertising web_video Nikkei https://pinboard.in/ https://pinboard.in/u:jerryking/b:c145122020c9/ 2015-07-20T02:28:04+00:00 https://notes.pinboard.in/u:jerryking/bd36c78f5512d9d459c5 jerryking finance financiers investment_banking London United_Kingdom start_ups boutiques mergers_&_acquisitions https://notes.pinboard.in/ https://pinboard.in/u:jerryking/b:1b07a935e2eb/ 2015-07-07T16:14:54+00:00 http://www.theglobeandmail.com/globe-investor/canada-to-lose-another-semiconductor-company/article1359640/?service=mobile jerryking semiconductors mergers_&_acquisitions Canadian Canada https://pinboard.in/u:jerryking/b:2cba32c1267a/