Company Overview and News

 
Lasalle (LHO) Ends Buyout Battle, Accepts Blackstone's Offer

2018-05-23 zacks
LaSalle Hotel Properties (LHO - Free Report) announced that it has reached a definitive agreement with affiliates of Blackstone Group LP (BX - Free Report) , per which the private equity behemoth will acquire all outstanding common shares of LaSalle for $33.50 per share, in an all-cash deal, valuing the acquisition at $4.8 billion.

 
Deals of the day-Mergers and acquisitions

2018-05-22 reuters
May 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Tuesday:

 
Private Equity Funds Won’t Turn Investors Into Mr. Wonderful

2018-05-22 investorplace
Private equity has long served as a vehicle for outsized returns for the wealthiest investors. These investments do not trade directly on the stock market. They involve private investments in companies with limited transparency to outsiders. They can often involve pre-IPO investments or buyouts that remove companies from a public exchange.

 
LaSalle Hotel Properties Shares Jump on $4.8B Blackstone Buyout

2018-05-21 investorplace
LaSalle Hotel Properties (NYSE:LHO) shares were soaring Monday as the company has agreed to be acquired by private equity firm Blackstone Group LP (NYSE:BX).

 
Macerich: Takeover Target?

2018-05-21 seekingalpha
Predicting takeover targets can be difficult, but MAC has a history of being a takeover target.

1
Are Institutional Investors Bullish on Cheniere Energy Partners?

2018-05-21 marketrealist
Cheniere Energy Partners (CQP), the midstream MLP subsidiary of Cheniere Energy (LNG), saw buying of 0.49 million positions among the top institutional holders during the first quarter.

 
CORRECTED-Data firm IHS Markit to buy Ipreo for $1.86 bln

2018-05-21 reuters
May 21 (Reuters) - Data firm IHS Markit Ltd said on Monday it will buy Ipreo from private equity funds of BlackStone Group LP and Goldman Sachs for $1.86 billion.

 
Michael Gelband to Launch Biggest Hedge Fund Startup Ever - Bloomberg

2018-05-21 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 
LaSalle Hotel accepts Blackstone's US$3.7 billion cash offer

2018-05-21 channelnewsasia
Private equity firm Blackstone Group LP said on Monday it would buy U.S. hotel owner LaSalle Hotel Properties for US$3.7 billion, topping a rival bid from Pebblebrook Hotel Trust for US$3.5 billion.

 
Chicago Fed gauge of national economic activity ticks upward

2018-05-21 feeds.marketwatch
Small-cap stocks are leaving their large-cap peers behind. The outperformance may be just getting started. Full Story

 
Blackstone to buy LaSalle Hotel for US$3.7 billion

2018-05-21 channelnewsasia
Private equity firm Blackstone Group LP said on Monday it would buy U.S. hotel owner LaSalle Hotel Properties for US$3.7 billion, topping a rival bid from Pebblebrook Hotel Trust for US$3.5 billion.

 
Blackstone to buy LaSalle Hotel for $3.7 billion

2018-05-21 reuters
(Reuters) - Private equity firm Blackstone Group LP (BX.N) said on Monday it would buy U.S. hotel owner LaSalle Hotel Properties (LHO.N) for $3.7 billion, topping a rival bid from Pebblebrook Hotel Trust (PEB.N) for $3.5 billion.

 
Data firm IHS Markit to buy rival Ipreo for $1.86 bln

2018-05-21 reuters
(Reuters) - Data firm IHS Markit Ltd (INFO.O) said on Monday it will buy smaller rival Ipreo from private equity funds of BlackStone Group LP (BX.N) and Goldman Sachs (GS.N) for $1.86 billion.

 
IPOs - Opportunity Or Risk?

2018-05-19 seekingalpha
IPOs are always in the news, and investors seek them out as an opportunity for a fast gain, but does it live up to its hype? Two years ago, I looked the largest IPOs, Alibaba (NYSE:BABA), Blackstone (NYSE:BX), General Motors (NYSE:GM), Visa (NYSE:V), and UPS (NYSE:UPS). If we align them all and start at 100, Figure 1 shows that they were not all profits from day 1. In fact, at the end of the first year, 252 days, none of them were profitable.

 
Blackstone to Check Out of Hilton Investment - WSJ

2018-05-19 wsj
Blackstone Group LP is shedding its investment in hotel group Hilton Worldwide Holdings Inc., closing out the most profitable private-equity investment in real estate ever.

Related Articles

ANTH: Anthera Pharmaceuticals Analysis and Research Report

2018-05-21 - Asif

Overview Anthera Pharmaceuticals, Inc. is a biopharmaceutical company focused on advancing the development and commercialization of innovative medicines that benefit patients with unmet medical needs. The company currently have two compounds in development, Sollpura and blisibimod. The company licensed Sollpura from Eli Lilly & Co (“Eli Lilly”) in July 2014. Sollpura is a novel non-porcine investigational Pancreatic Enzyme Replacement Therapy (“PERT”) intended for the treatment of patients with Exocrine Pancreatic Insufficiency (“EPI”), often seen in patients with cystic fibrosis and other conditions. The company licensed blisibimod from Amgen, Inc. (“Amgen”) in December 2007. Blisibimod targets B-cell activating factor, or BAFF, which has been shown to be elevated in a variety of B-cell mediated autoimmune diseases, including Immunoglobulin A nephropathy, or IgA nephropathy. Sollpura The exocrine pancreas is responsible for synthesis and secretion of digestive en...

AGEN: Agenus Inc Analysis and Research Report

2018-05-21 - Asif

Business Agenus is a clinical-stage immuno-oncology (“I-O”) company dedicated to becoming a leader in the discovery and development of innovative combination therapies and committed to bringing effective medicines to patients with cancer. The company's business is designed to drive success in I-O through speed, innovation, and effective combination therapies. Agenus has assembled fully integrated capabilities from novel target discovery, antibody generation, cell line development, and good manufacturing practice (“GMP”) manufacturing together with a comprehensive portfolio consisting of antibody-based therapeutics, adjuvants and cancer vaccine platforms. The company leverage its immune biology platforms to identify effective combination therapies for development and have developed productive partnerships to advance its innovation. The company believe the next generation of cancer treatment will build on clinically validated antibodies targeting CTLA-4 and PD-1 combined wi...

SQ: Square Analysis and Research Report

2018-05-21 - Asif

Business The company started Square in February 2009 to enable businesses (sellers) to accept card payments, an important capability that was previously inaccessible to many businesses. However, sellers also need innovative solutions to thrive, and Square has since expanded to provide additional products and services to give these businesses access to the same tools as large businesses. This approach aligns with its purpose of economic empowerment, as everything the company do should give sellers accessible, affordable tools to grow their businesses and participate in the economy. Square is a cohesive commerce ecosystem that helps its sellers start, run, and grow their businesses. The company combine sophisticated software with affordable hardware to enable sellers to turn mobile and computing devices into powerful payment and point-of-sale solutions. Square has high seller acceptance rates and fast onboarding, while maintaining low risk and fraud losses as a result of its a...

CUSIP: 09253U108