Edition:
United Kingdom

Liana B. Baker

Vista Equity hires banks for Ping Identity IPO: sources

11 Dec 2018

Buyout firm Vista Equity Partners has hired investment banks to prepare its identity software maker Ping Identity for an initial public offering that could value it at between $2 billion and $3 billion, including debt, people familiar with the matter said.

Elliott, Siris book Travelport on trip back to private markets for $4.4 billion

10 Dec 2018

Travelport Worldwide Ltd said on Monday that buyout firms Siris Capital Group and Elliott Management will take it private for $4.4 billion, ending an eight-month effort by activist investor Elliott to buy the travel software company.

ASG raises offer to buy Mitek to $11.50 per share

10 Dec 2018

Hedge fund Elliott Management Corp's ASG Technologies Group Inc raised its offer to buy Mitek Systems Inc to $11.50 per share from $10, in its latest attempt to buy the provider of financial technology to banks.

Former NBA player Bridgeman in the lead to buy Sports Illustrated magazine: sources

07 Dec 2018

Ulysses Lee "Junior" Bridgeman, a former U.S. basketball player who became a fast-food mogul, is in the lead to acquire Sports Illustrated magazine from U.S. media company Meredith Corp for about $150 million, people familiar with the matter said on Friday.

Siris, Elliott near Travelport acquisition -sources

06 Dec 2018

A consortium of buyout firm Siris Capital Group LLC and hedge fund Elliott Management is nearing an agreement to acquire travel software company Travelport Worldwide Ltd , people familiar with the matter said on Thursday.

Exclusive: Siris, Elliott near Travelport acquisition - sources

06 Dec 2018

A consortium of buyout firm Siris Capital Group LLC and hedge fund Elliott Management is nearing an agreement to acquire travel software company Travelport Worldwide Ltd , people familiar with the matter said on Thursday.

Evercore hires internet banker from Citi: sources

05 Dec 2018

NEW YORK Boutique investment bank Evercore Inc has hired San Francisco-based Zaheed Kajani from Citigroup as a senior managing director focused on covering the internet and digital media sector, according to sources familiar with the matter.

TIBCO to buy data management firm Orchestra Networks: sources

04 Dec 2018

TIBCO Software Inc, a large privately-held business software provider, is acquiring French data management company Orchestra Networks in a move that will bolster its ability to help clients organize customer data, according to sources familiar with the matter.

World News

Trump ex-lawyer Cohen given 3 years in prison as risks rise for Trump

President Donald Trump's former personal lawyer Michael Cohen was sentenced to three years in prison on Wednesday for crimes including orchestrating hush payments to women in violation of campaign laws before the 2016 election, and he promised to keep cooperating with the U.S. government against his former boss.