French advertising giant Publicis Groupe SA has agreed to acquire Alliance Data Systems Corp.’s marketing-services business for $4.4 billion.
News that the companies were near a deal for the business—known as Epsilon—that works with advertisers on loyalty and email-marketing programs, was reported by The Wall Street Journal on Saturday.
realDonaldTrump RandPaul Advertisers buying public internet data. Who owns the data?
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Publicis Nears Deal to Buy Alliance Data’s Epsilon Unit for About $4.5 BillionFrench multinational advertising and public relations company Publicis is nearing a deal to buy Alliance Data’s Epsilon Unit for about $4.5 billion.
Source: WSJ - 🏆 98. / 63 Read more »
Publicis Nears Deal to Buy Alliance Data’s Epsilon Unit for About $4.5 BillionFrench multinational advertising and public relations company Publicis is nearing a deal to buy Alliance Data’s Epsilon Unit for about $4.5 billion.
Source: WSJ - 🏆 98. / 63 Read more »
General Electric agrees to pay $1.5 billion penalty for allegations related to subprime lending unitGeneral Electric agreed to pay the Department of Justice a $1.5 billion penalty for alleged accounting misrepresentations stemming from the company's now defunct subprime mortgage business. GE is just an empty corruption shell It would be great if generalelectric would pay taxes like all Americans. Can we build more wall with that?
Source: CNBC - 🏆 12. / 72 Read more »
Great Hill Partners Agrees to Acquire Gizmodo Media GroupPrivate-equity firm Great Hill Partners has agreed to acquire Gizmodo Media Group from Univision Communications, the companies said, ending the Spanish-language broadcaster’s foray into English-language digital media. that's a waste of money stoolpresidente beat you to it Hope they shutter the whole effing thing and that Peter Thiel used Great Hill as a stalking horse to have bought it up...
Source: WSJ - 🏆 98. / 63 Read more »
Principal Financial to acquire Wells Fargo's institutional retirement business for $1.2 billionPrincipal Financial Group said Tuesday it has agreed to acquire Wells Fargo & Co.s Institutional Retirement & Trust business for $1.2 billion. The deal will double the size of Principal's U.S. retirement business measured by total recordkeeping assets, the company said in a statement. "In addition to increased scale, Principal will gain a strong foothold with mid-sized employers as more than two-thirds of Wells Fargo's institutional retirement assets are in plans ranging from $10 million to $1 billion," said the statement. The deal is expected to boost net income and non-GAAP operating per-share earnings in 2020 and will be financed with a mix of cash and senior debt financing. The deal is expected to close in the third quarter. Wells Fargo shares were slightly higher premarket, while Principal's shares were not yet active. Bad decision.
Source: MarketWatch - 🏆 3. / 97 Read more »
Wells Fargo unloads retirement-plan unit for $1.2 billionWells Fargo is saying goodbye to its retirement-plan business as the bank continues to grapple with a penalties, legal fees and a backlash over its scandals. Principal Financial agreed to acquire the unit for $1.2 billion. 'When you rip people off' Banks are corrupt Incredible there are knuckleheads that continue to bank at Wells.
Source: CNN - 🏆 4. / 95 Read more »