Carlyle IPO— recall the BX IPO.
This quote from MarketWatch is exactly what is wrong with M&A:
But perhaps what investors should be most encouraged about is that Intel didn’t just pick a company that had a good product in what it believes is a growing business. Intel bought a company that has something the chip maker doesn’t have — a stock that’s been trending sharply higher for the last 10 years.
If investors are so excited by MFE, they can just buy some of it. They don’t need Intel to buy it, creating a big unfocused company, for them. This is a merger for management, not for investors.
Hilariously foreboding chart on the KKR IPO (via www.zerohedge.com)
Still getting squeezed on $F. This Fibonacci projection is today’s justification for not getting out. Hoping it bounces right off $10.08
Our chairman who art at Goldman
Blankfein be thy name
Thy rally’s come, God’s work be done
In the Dow as it is in the Nasdaq
Give us this day our daily gain
And forgive us our frontruning, as we punish those who frontrun against us
And bring us not under indictment
But deliver us from regulators
For thine is the cashflow, and the power, and the bonuses, forever and ever. Amen
“Alzheimer” Zebrafish, stained for Tau (red), neurons (green), and pathologic Tau (blue) (10x)
Dominik Paquet
Ludwig-Maximilians-Universität...
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Omega Nebula
The #Puma boat leading the way to Miami #vor #sailing #ocean (Taken with instagram)
Pine Needle
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Sometimes you don’t need context to know something is a White Whine.
Oklahoma Red, taken and submitted by jilliantakesphotos