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LionTree hires Luther from Morgan Stanley to lead tech dealmaking push

LionTree hires Luther from Morgan Stanley to lead tech dealmaking push LionTree hires Luther to boost tech M&A efforts Luther was at Morgan Stanley for more than 15 years By Milana Vinn Oct 16 (Reuters) - LionTree, the boutique investment bank led by prolific dealmaker Aryeh Bourkoff, has hired investment banker Ankur Luther from Morgan Stanley as it looks to capture more fees from advising on technology deals.
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Verizon bid for Frontier faces investor skepticism, sources say

EXCLUSIVE-Verizon bid for Frontier faces investor skepticism, sources say Deal 'significantly undervalues' Frontier, Cooper says in letter Last month deal was 44% premium to 90-day weighted average Frontier stock closes Tuesday at $35.71, $2.79 below offer In update of Oct 14 story, adds details about another investor planning to vote against deal in paragraphs 5-7 By Svea Herbst-Bayliss NEW YORK, Oct 14 (Reuters) - Some of Frontier Communications' FYBR.O largest shareholders are concerned about
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Verizon bid for Frontier faces investor skepticism, sources say

EXCLUSIVE-Verizon bid for Frontier faces investor skepticism, sources say Deal 'significantly undervalues' Frontier, Cooper says in letter Last month deal was 44% premium to 90-day weighted average Frontier stock closes Tuesday at $35.71, $2.79 below offer In update of Oct 14 story, adds details about another investor planning to vote against deal in paragraphs 5-7 By Svea Herbst-Bayliss NEW YORK, Oct 14 (Reuters) - Some of Frontier Communications' FYBR.O largest shareholders are concerned about
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US FCC opens probe into broadband firm caps on internet data use

UPDATE 1-US FCC opens probe into broadband firm caps on internet data use New throughout, adds background, details By David Shepardson WASHINGTON, Oct 15 (Reuters) - The U.S. Federal Communications Commission said on Tuesday it was opening a formal inquiry into why broadband providers cap data use by some customers, and how it impacts consumers and competition.
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US FCC opens formal inquiry into use of data caps by telecom firms

US FCC opens formal inquiry into use of data caps by telecom firms WASHINGTON, Oct 15 (Reuters) - The Federal Communications Commission said Tuesday it is opening a formal inquiry into the use of data caps by telecom firms and how they impact consumers and competition. "For most people in the United States, rationing their internet usage would be unthinkable and impractical.
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Ericsson sees signs of demand recovery after Q3 beat, shares up

UPDATE 3-Ericsson sees signs of demand recovery after Q3 beat, shares up Net sales of 61.8 bln crowns beat estimates of 61.6 bln Sales in North America jump 50% to 20.4 bln crowns Adjusted core earnings 7.33 bln crowns vs estimate of 5.75 bln Shares up 9%, highest since April 2022 Adds shares in paragraph 2, analyst comment in 6, AT&T contract in 9, CFO comment in 10 By Supantha Mukherjee STOCKHOLM, Oct 15 (Reuters) - Sweden's Ericsson ERICb.ST said on Tuesday the telecom equipment market is sho
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Verizon bid for Frontier faces investor skepticism, sources say

REFILE-EXCLUSIVE-Verizon bid for Frontier faces investor skepticism, sources say Corrects Oct. 14 story to remove extraneous word from paragraph 1. By Svea Herbst-Bayliss NEW YORK, Oct 14 (Reuters) - Some of Frontier Communications' FYBR.O largest shareholders are concerned about its planned $9.6 billion takeover by Verizon Communications VZ.N , with its second-largest investor planning to vote against the deal, three sources familiar with the firm's plans said.
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U.S. Affirm Holdings, Aptargroup, Caterpillar

U.S. RESEARCH ROUNDUP-Affirm Holdings, Aptargroup, Caterpillar Oct 14 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Affirm Holdings, Aptargroup and Caterpillar, on Monday. HIGHLIGHTS * Affirm Holdings Inc AFRM.O : Wedbush raises to neutral from underperform * Aptargroup Inc ATR.N : Jefferies raises to buy from hold * Caterpillar Inc CAT.N : Morgan Stanley cuts to underweight from equal-weight * Sentinelone Inc S.N :
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US lawmakers seek answers from telecoms on Chinese hacking report

UPDATE 1-US lawmakers seek answers from telecoms on Chinese hacking report Adds AT&T, Lumen declining comment, background, comment from lawmakers, prior Chinese comment in paragraphs 3-7 By David Shepardson WASHINGTON, Oct 11 (Reuters) - A bipartisan group of U.S. lawmakers asked AT&T T.N , Verizon Communications VZ.N , and Lumen Technologies LUMN.N on Friday to answer questions after a report Chinese hackers accessed the networks of U.S.
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US lawmakers seek answer questions on Chinese telecom hacking report

US lawmakers seek answer questions on Chinese telecom hacking report WASHINGTON, Oct 11 (Reuters) - A bipartisan group of U.S. lawmakers on Friday asked AT&T T.N , Verizon Communications VZ.N , and Lumen Technologies LUMN.N to answer questions after a report Chinese hackers accessed the networks of U.S. broadband providers. The Wall Street Journal reported Saturday hackers obtained information from systems the federal government uses for court-authorized wiretapping and said the three companies
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Women-focused health startup Maven valued at $1.7 bln in funding round

UPDATE 1-Women-focused health startup Maven valued at $1.7 bln in funding round Maven raises $125 mln in funding round Funding round led by investment firm StepStone Maven's total funding climbs over $425 mln Adds valuation in headline and paragraph 1, CEO comments in paragraphs 5-6 By Arasu Kannagi Basil and Niket Nishant Oct 8 (Reuters) - Women-focused healthcare firm Maven Clinic was valued at $1.7 billion after it raised $125 million in its latest funding round led by private markets investm
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Healthcare firm Maven Clinic raises $125 mln in latest funding round

Healthcare firm Maven Clinic raises $125 mln in latest funding round Maven raises $125 mln in Series F round Funding round led by investment firm StepStone Maven's total funding climbs over $425 mln Oct 8 (Reuters) - Health firm Maven Clinic said on Tuesday it had raised $125 million in its latest funding round led by private markets investment firm StepStone Group STEP.O .
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Chinese hackers breached US court wiretap systems, WSJ reports

UPDATE 2-Chinese hackers breached US court wiretap systems, WSJ reports Adds response from Lumen Technologies in paragraph 7 Oct 6 (Reuters) - Chinese hackers accessed the networks of U.S. broadband providers and obtained information from systems the federal government uses for court-authorized wiretapping, the Wall Street Journal reported on Saturday.
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Chinese hackers breached US court wiretap systems, WSJ reports

Chinese hackers breached US court wiretap systems, WSJ reports Oct 6 (Reuters) - Chinese hackers accessed the networks of U.S. broadband providers and obtained information from systems that the federal government uses for court-authorized wiretapping, the Wall Street Journal reported on Saturday. Verizon Communications VZ.N , AT&T T.N and Lumen Technologies LUMN.N are among the telecoms companies whose networks were breached by the recently discovered intrusion, the newspaper said, citing people
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Commercial REIT FrontView valued at $488 mln as shares drop in NYSE debut

UPDATE 3-Commercial REIT FrontView valued at $488 mln as shares drop in NYSE debut Adds analyst comment in paragraph 6 By Vedant Vinayak Vichare Oct 2 (Reuters) - Shares of FrontView REIT FVR.N fell 3.9% in their debut on the New York Stock Exchange on Wednesday, valuing the commercial real estate investment trust at $487.9 million. The Dallas, Texas-based company's shares opened at $18.25, below the initial public offering price of $19 apiece.
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backed Zayo, TPG vie for Crown Castle assets worth nearly $10 billion, sources say

EXCLUSIVE-EQT-backed Zayo, TPG vie for Crown Castle assets worth nearly $10 billion, sources say By Milana Vinn NEW YORK, Oct 2 (Reuters) - Fiber network owner Zayo Group and buyout firm TPG are competing to acquire the fiber and wireless assets of Crown Castle CCI.N , in a deal that could be valued at nearly $10 billion, according to people familiar with the matter.
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AT&T and Dish turn lemons to bitter lemonade

RPT-BREAKINGVIEWS-AT&T and Dish turn lemons to bitter lemonade The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, Sept 30 (Reuters Breakingviews) - When you’re stuck with a lemon, the best deal on offer is to make some bitter-tasting lemonade. Buyout shop TPG TPG.O is offering just that to AT&T T.N and media mogul Charlie Ergen.
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AT&T and Dish turn lemons to bitter lemonade

RPT-BREAKINGVIEWS-AT&T and Dish turn lemons to bitter lemonade The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, Sept 30 (Reuters Breakingviews) - When you’re stuck with a lemon, the best deal on offer is to make some bitter-tasting lemonade. Buyout shop TPG TPG.O is offering just that to AT&T T.N and media mogul Charlie Ergen.
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New York Times business news - Oct 1

PRESS DIGEST- New York Times business news - Oct 1 Oct 1(Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Verizon VZ.N said it was restoring service on Monday after thousands of users across the U.S. reported outages in major cities and across a swath of the Midwest earlier in the day.
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Column: Could 23andMe $30 million data breach settlement get derailed by mass arbitration?

Column: Could 23andMe $30 million data breach settlement get derailed by mass arbitration? The opinions expressed here are those of the author, a columnist for Reuters. By Alison Frankel Sept 30 (Reuters) - A law firm representing about 5,000 23andMe customers who demanded arbitration after hackers obtained sensitive data from the genetic testing company told a California federal judge last week that it has serious qualms about a proposed $30 million class action settlement .
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