Amanda Gomez joined Reuters Breakingviews in January 2018. She previously held internships at CNN International and Argentina's Clarín newspaper. She has also worked as a business journalist at TheStreet.com covering the stock market and written about the food industry at trade publication The Food Institute. She completed her master’s degree at Columbia Journalism School in 2017 and has a bachelor’s in journalism and media studies from Rutgers University.
Twin listings of Traeger and Weber give investors a choice between hip and fast-growing versus large and well-known. Both firms tout tech-enabled BBQs and recurring revenue streams. The more established Weber looks more valuable unless Traeger can secure a crispy luxury premium.
Shoppers already have two big alt-meat brands to choose from, and soon investors may too. Impossible is a latecomer, but may be less exposed to the supplier risks and sales swings that have troubled its rival. If Beyond’s IPO was a whopper, Impossible’s could be supersized.
Coherent’s $6.4 bln takeover offer from II-VI is the laser maker’s third in a month. Original bidder Lumentum looks outgunned, since II-VI and MKS have more strategic fit and can theoretically afford to offer more. But Coherent is already overpriced, and passions are kicking in.