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A Rogue Elliott Director and Instacart Loses Its CEO to OpenAI – The Special Situations Report Episode #21
Manage episode 486424703 series 3637844
Summary:
In this episode of the Special Situations Report, hosts Asif and Tamanna Suria discuss the latest developments in the event-driven investing world, focusing on M&A activity, stock buybacks, insider trading, spinoffs, and significant management changes. They begin with a discussion of the terminated SPAR Group and Highwire Capital deal and new and rumored deals like the acquisition of Informatica by Salesforce and Golden Ocean Group by CMB.TECH. Asif and Tamanna then cover acquisition interest at the luxury real estate brokerage Douglas Elliman, which was spun out of Vector Group in late 2021. The episode continues by highlighting a buyback and C-Suite transition at Instacart, and a fascinating insider purchase at Phillips 66 tied to a battle by Elliott for control. The episode concludes with a discussion of a sudden termination at the battery storage solutions company EOS Energy Enterprises.
Timestamps:
(00:00) Intro
(01:39) M&A
(02:50) Key Story: Salesforce to Acquire Informatica
(03:58) M&A Continued
(05:23) Spinoffs
(06:20) Key Story: Douglas Elliman Receives Takeover Interest
(07:24) Buybacks
(08:28) Key Story: Instacart Buyback and C-Suite Transition
(12:26) Insiders
(12:43) Key Story: Phillips 66 Continues to Face Activist Pressure From Elliott
(15:41) C-Suite Transitions
(16:52) Outro
Check out InsideArbitrage here: https://www.insidearbitrage.com/
Check out The Special Situations Report here: https://www.thespecialsituationreport.com/
Keywords:
M&A, tariffs, merger arbitrage, Elliott Management, deal terminations, insider buying, insider sales, buybacks, C-suite transitions, spinoffs, activists, failed mergers, management transitions, special situations, event-driven investing, markets, stocks
21 episodes
Manage episode 486424703 series 3637844
Summary:
In this episode of the Special Situations Report, hosts Asif and Tamanna Suria discuss the latest developments in the event-driven investing world, focusing on M&A activity, stock buybacks, insider trading, spinoffs, and significant management changes. They begin with a discussion of the terminated SPAR Group and Highwire Capital deal and new and rumored deals like the acquisition of Informatica by Salesforce and Golden Ocean Group by CMB.TECH. Asif and Tamanna then cover acquisition interest at the luxury real estate brokerage Douglas Elliman, which was spun out of Vector Group in late 2021. The episode continues by highlighting a buyback and C-Suite transition at Instacart, and a fascinating insider purchase at Phillips 66 tied to a battle by Elliott for control. The episode concludes with a discussion of a sudden termination at the battery storage solutions company EOS Energy Enterprises.
Timestamps:
(00:00) Intro
(01:39) M&A
(02:50) Key Story: Salesforce to Acquire Informatica
(03:58) M&A Continued
(05:23) Spinoffs
(06:20) Key Story: Douglas Elliman Receives Takeover Interest
(07:24) Buybacks
(08:28) Key Story: Instacart Buyback and C-Suite Transition
(12:26) Insiders
(12:43) Key Story: Phillips 66 Continues to Face Activist Pressure From Elliott
(15:41) C-Suite Transitions
(16:52) Outro
Check out InsideArbitrage here: https://www.insidearbitrage.com/
Check out The Special Situations Report here: https://www.thespecialsituationreport.com/
Keywords:
M&A, tariffs, merger arbitrage, Elliott Management, deal terminations, insider buying, insider sales, buybacks, C-suite transitions, spinoffs, activists, failed mergers, management transitions, special situations, event-driven investing, markets, stocks
21 episodes
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