Author Topic: ADS - Alliance Data Systems  (Read 47201 times)



kab60

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Re: ADS - Alliance Data Systems
« Reply #261 on: March 29, 2019, 01:20:22 PM »
Somebody actually believed Ed was gonna deliver :)

kab60

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Re: ADS - Alliance Data Systems
« Reply #262 on: March 29, 2019, 01:30:38 PM »
And it seems like Ed leaked it! PE against strategic - nice move to leak and hope for one desperate bid:

Alliance Data Systems Corp.ís Epsilon marketing unit has attracted bids from French advertising giant Publicis Groupe SA as well as a joint offer from Advent International and Goldman Sachs Group Inc., people familiar with the matter said.

The company could select a winning bidder as early as next week in an auction that could fetch about $5 billion, said the people, asking not to be identified because the deliberations are private. Thereís no guarantee an agreement will be reached and the bidders may still decide to walk away, the people said.

Representatives for Alliance Data, Publicis and Advent declined to comment. A representative for Goldman Sachs, which would likely bid with its private equity unit, didnít respond to a request for comment.


abitofvalue

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Re: ADS - Alliance Data Systems
« Reply #263 on: March 30, 2019, 10:05:57 AM »
$5B would not be a bad outcome.. if they can get there. not great imo at 10x-ish but could have ended up so much worse.  At $5B that would fund a nice $3B buyback... and if they do announce next week, maybe Ed can gain a little bit of credibility.

 

kab60

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Re: ADS - Alliance Data Systems
« Reply #264 on: April 01, 2019, 04:55:57 AM »
Will be some interesting days for sure. Publicis released a statement and it isn't exactly well received by the market: https://finance.yahoo.com/news/french-ad-firm-publicis-talks-105304485.html

mwtorock

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Re: ADS - Alliance Data Systems
« Reply #265 on: April 01, 2019, 06:26:05 AM »
Will be some interesting days for sure. Publicis released a statement and it isn't exactly well received by the market: https://finance.yahoo.com/news/french-ad-firm-publicis-talks-105304485.html

Usually the leaks over weekend produce deal announcements monday morning. Hmmm, something different here...

abitofvalue

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Re: ADS - Alliance Data Systems
« Reply #266 on: April 01, 2019, 07:15:05 AM »
down 5% is not a good sign..   we'll see.  If this leak was ADS orchestrated (and it seems likely to have been).. wouldnt it be typical of ADS' shambolic communications strategy.  Be optimistic and over promise then disappoint and then meet your optimistic projection only on a much delayed timeline after the market has started to loose patience. 

LowIQinvestor

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Re: ADS - Alliance Data Systems
« Reply #267 on: April 01, 2019, 08:59:48 AM »
I think the fact that Publicis is down 4% indicates that there is a chance this deal happens at the indicated price.

Positive for ADS.


abitofvalue

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Re: ADS - Alliance Data Systems
« Reply #268 on: April 05, 2019, 12:23:00 PM »
https://nypost.com/2019/04/05/buyout-firm-exits-epsilon-auction-leaving-goldman-to-bid-alone/

Advent exits Epsilon auction...  interesting that GS may still go at it alone. 

freddy02

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Re: ADS - Alliance Data Systems
« Reply #269 on: April 14, 2019, 04:05:17 AM »
"Publicis Groupe SA agreed to buy digital marketing firm Epsilon from Alliance Data Systems Corp. for $4.4 billion in cash, propelling the French advertising group further beyond a weakening conventional ad business in its biggest takeover yet."


https://www.bloomberg.com/news/articles/2019-04-14/publicis-to-buy-alliance-data-systems-corp-s-epsilon-unit