St. Louis Corporate Mergers, Acquisitions & Relocations

New and changing stores, restaurants, and businesses in the City of St. Louis
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Boundless is moving their HQ from NYC to STL. They currently have 25 employees downtown but expect to hire another 15.

http://www.stltoday.com/business/local/ ... user-share
As an Emerson shareholder and an StL resident I certainly hope they end up completing their takeover quest of ROK. IMO a good strategic long term play for them, and would be a big move for one of our biggest companies. I do have to say it has been encouraging that our local companies have been playing offense in the markets as of late.
BellaVilla wrote:
Mon Nov 06, 2017 2:27 pm
ABB moving production out of StL

http://www.stltoday.com/business/local/ ... e-breaking
What is so toxic about producing in St. Louis rather than Boston?

This is frustrating.
bwcrow1s wrote:
Mon Nov 06, 2017 2:29 pm
BellaVilla wrote:
Mon Nov 06, 2017 2:27 pm
ABB moving production out of StL

http://www.stltoday.com/business/local/ ... e-breaking
What is so toxic about producing in St. Louis rather than Boston?

This is frustrating.
what do you mean by "toxic" did I miss something in the article?
^ i think he just means why do companies keep leaving.
Ah I see. I'm a good democrat, but I am interested in seeing if this red governor and legislature can put their money where their mouth is get some development going. Conservatives always talk about how business firendly they are so lets see it.
I always thought of when ABB was going to leave St.Louis.
120 jobs is barely a drop in the bucket none the less its job lose's though St.Louis area is gaining more jobs than shedding.
What i'd like to see is a company bring 1000 jobs or more it could be a company thats currently here or a company thats completely new to St.Louis.
While of St. Louis' publicly traded companies are achieving new highs Mallinckrodt continues a seemingly inexorable decline. Since achieving a market cap above $12b in 2015 it's slid over 85% to under $2b. This was capped by a 30+% decline yesterday. Their aggressive post spin-off (from Covidien) acquisition strategy of specialty drugs (which mirrored that of the beleaguered Valeant) seems to be backfiring.
Emerson has increased it's takeover bid of Rockwell Automation to $29 billion.

http://www.reuters.com/article/us-rockw ... SKBN1DG1MW
DogtownBnR wrote:
Thu Nov 16, 2017 8:30 am
Emerson has increased it's takeover bid of Rockwell Automation to $29 billion.

http://www.reuters.com/article/us-rockw ... SKBN1DG1MW
This takeover will be a huge win for Emerson. Do we think Milwaukee will see layoffs over this?
^ All depends on what "synergies" Emerson can achieve after the two companies are integrated. Emerson expects to achieve $6 billion in synergies with this deal. Once the dust has settled, they'll have to assess where they are at with regards to personnel. In other words, it is hard to say at this early stage. Of course this deal has to close first and foremost!
^With Emerson being the acquirer one would assume most of the synergies would come at the expense of Milwaukee. I would expect headcount to increase in STL with Emerson gradually consolidating ROK's personnel at the headquarters here.
^ I agree... If any job losses are to occur, I would expect them to be in Milwaukee.

^

Though Rockwell remains an attractive target, it's not likely Emerson, known for acquiring companies, will pursue a hostile takeover, Windau added. "Emerson has typically not pursued hostile acquisitions. (Generally, an) acquired company's management has a lot of expertise running the business, and Emerson generally keeps them in place," he said.


https://www.bizjournals.com/stlouis/new ... -with.html
https://www.google.com/amp/s/amp.jsonli ... /869661001

This article from the MJS has some interesting information. The new company would be called Emerson-Rockwell, Emerson is likely to move the HQ, but keep a large presence in Milwaukee. (We've heard that before haven't we :roll: ).

If this deal gets done, it looks like it will be good for STL.

There is also mention that Emerson could go in all cash and really force their hand.

This could get interesting!
Anyone have thoughts on how the CVS/Aetna mega-merger could impact STL? *cough* ExpressScripts?
Chalupas54 wrote:
Mon Dec 04, 2017 6:13 am
Anyone have thoughts on how the CVS/Aetna mega-merger could impact STL? *cough* ExpressScripts?
Why am I being a Negative Nancy and guessing that in a few years we'll have empty buildings up by UMSL?
dweebe wrote:
Mon Dec 04, 2017 8:25 am
Chalupas54 wrote:
Mon Dec 04, 2017 6:13 am
Anyone have thoughts on how the CVS/Aetna mega-merger could impact STL? *cough* ExpressScripts?
Why am I being a Negative Nancy and guessing that in a few years we'll have empty buildings up by UMSL?
Eh, I wouldn't go that far. I think this could spur ExpressScripts to make bids for other companies, not other companies bidding for Express Scripts.
I would expect this to keep the rumors swirling of Walgreen's acquiring Express Scripts - as a means of WAG playing catch up with CVS.

It'll be interesting to follow the anti-trust review of the CVS-Aetna acquisition. If they are forced to divest any Aetna businesses that could be an opportunity for Centene to scoop up some more market share.
wabash wrote:
Mon Dec 04, 2017 10:41 am
It'll be interesting to follow the anti-trust review of the CVS-Aetna acquisition. If they are forced to divest any Aetna businesses that could be an opportunity for Centene to scoop up some more market share.
Quick guess at the anti-trust review. Does any stakeholder have a tie to the current administration? If so, it will pass.
When Express Scripts first merged with MedCo I said somewhere on this forum - years ago - that Express Scripts' next steps should be to look at big health care companies as acquisition targets.

Now we are here.
arch city wrote:When Express Scripts first merged with MedCo I said somewhere on this forum - years ago - that Express Scripts' next steps should be to look at big health care companies as acquisition targets.

Now we are here.
As in Express Scripts doing the acquisitions or being the acquisition?

I’m not fully literate on these types of dealings, what could Express Scripts acquire?


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^Express Scripts doing the acquiring.

When the deal with Medco was first explored and finally done, there were antitrust concerns by competitors. If I am not mistaken - because it has been a while - Express Scripts rec'd a lot of backlash from competitors.

It was believed that ES could not grow further with PBMs because of the Medco acquisition.

At the time, my thought was, "Why not go after a big health care firm".

That's still possible. Imagine ES buying Cigna or Amerigroup.