meta_pixel
Tapesearch Logo
Log in
Motley Fool Hidden Gems Investing

A "Shock and Awe" Acquisition

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 1 November 2022

⏱️ 26 minutes

🧾️ Download transcript

Summary

A 50% premium is a buyout price most investors would love to see. To acquire Abiomed, Johnson & Johnson was happy to pay it. (0:17) Bill Mann discusses: - Why he believes a "shock and awe" price was worth paying for J&J - How Abiomed strengthens the company's medical device portfolio - Amazon expanding its ad-free music library for Prime members - Signs that the retail giant is gunning for Spotify, Disney, and other entertainment companies (10:33)  Alison Southwick and Robert Brokamp discuss how shortcuts can make you a smarter saver. Companies discussed: JNJ, ABMD, AMZN, SPOT, DIS, PARA Host: Chris Hill Guest: Bill Mann, Alison Southwick, Robert Brokamp Producer: Ricky Mulvey Engineers: Tim Sparks, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

We've got a big deal in healthcare and some budget shortcuts that anyone can take.

0:09.9

Motleyful Money starts now.

0:11.5

I'm Chris Hill, joining me today in Motleyful's Senior Analyst, Bill Mann.

0:20.7

Happy November.

0:21.7

Sure, if you say so, how you doing?

0:24.0

Well, if November goes as well for the market as October did, I think I'm doing pretty

0:29.0

well.

0:29.9

I ended up having to buy a surprise new water heater yesterday.

0:36.8

And I do love surprises in general, but a surprise new water heater that you have to pay

0:42.2

for is pretty low on the list.

0:44.4

Yeah, it was a good, it was a good October.

0:47.9

The markets were happy.

0:49.8

I guess I would have been less happy about my surprise new water heater at the beginning

0:54.1

of October than at the end of October.

0:56.7

So good news.

0:58.7

Let's keep a good thought.

1:00.0

We're going to start with the deal of the day and possibly end up being the deal of the

1:04.6

week.

1:05.6

Johnson and Johnson is buying Abium Ed, a medical device company that makes heart pumps.

1:11.1

This is a $16.6 billion deal.

1:15.2

And Johnson and Johnson must have really wanted this company because they are paying a 50%

1:20.0

premium on where the stock was previously.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.