Well, Bloomberg's story about PayPal's potential $40 billion plus takeover deal of social media site Pinterest appears to have ended as quickly as it started.
Last night PayPal issued a statement, saying: "in response to market rumors regarding a potential acquisition of Pinterest by PayPal, PayPal stated that it is not pursuing an acquisition of Pinterest at this time."..
Rivals at Bloomberg appear at the moment to be super keen on following up little old Betaville's alerts.
Earlier this week the financial media behemoth followed Betaville's UNCOOKED Alert on Falck Renewables, the Italy-listed renewable energy group, and just now Bloomie followed up last week's UNCOOKED Alert on Aurinia Pharmaceuticals, the US-listed rare disease developer. Below is the link to a Seeking Alpha summary:..
Bloomie hacks have just landed one of the biggest US deal scoops of the year.
According to the news agency, PayPal has approached Pinterest about buying the social media group for around $70 a share. Below is the link to the Bloomberg scoop:..
Another day, another follow up for little old Betaville.
This time Bloomberg has run a story about a possible sale of Falck Renewables that is eerily similar to little old Betaville's UNCOOKED Alert from a couple of weeks ago. Below is the link to the Bloomie tale and little old Betaville's orginal scoop...
Bloomberg has finally decided to follow up little old Betaville's UNCOOKED Alert on the takeover rumours swirling around Carrefour, the France-listed supermarket giant.
Over the weekend Bloomberg reported that Auchan, the privately-owned food retailer controlled by the billionaire Mulliez family, had approached Carrefour about a deal that would have valued the supermarket giant at around EURO 21.50 in cash and shares. Below is the link:..
The Betaville follow ups are coming thick and fast this evening.
Now arch rivals at Bloomberg are reporting that the corporate agitators at Elliott Advisers have built up a shareholding in SSE and are pushing for the company to break itself up. Below is a link to the Bloomie piece:..
After this morning's UNCOOKED Alert a charming chap from Bloomberg got in touch to apologise for the mistake in aggregating Betaville content accurately.
And I understand Bloomberg has corrected its story from yesterday, which is very gracious of the global financial media outlet.
So, no hard feelings then from Betaville's end.
Now let's get back to competing for scoops and stories!..
Another day, another couple of private equity buy outs on the table for London-listed companies.
This time Morgan Stanley Infrastructure has confirmed Bloomberg's overnight story about a possible offer for Augean, the hazardous waste treatment group. Below are the relevant links:..
Hacks at Bloomberg have just landed a big fund management scoop - Schroders has been looking at a £5 billion plus takeover of M&G. Below is the link:
I see rivals at Bloomberg, decided to follow up yesterday's UNCOOKED alert with their own take on the DS Smith bid rumours. Below is a link to the Bloomberg "scoop".