SWFI First Read, January 7, 2017

U.S. President-elect Donald J. Trump was formally certified as the winner of the U.S. presidential election on Friday.

ISS Acquires IW Financial

Institutional Shareholder Services Inc. (ISS) is acquiring Portland, Maine-based IW Financial, a provider of environmental, social, and governance (ESG) research, consulting, and portfolio management solutions.

Theranos to Fire 41% of Staff

Palo Alto-based Theranos, Inc., a blood-testing startup which has encountered regulatory setbacks and lawsuits, is firing 41% percent of its employees – essentially 155 job positions. This is the second flood of layoffs for Theranos.

Fairfax Financial Talks to OMERS on Allied World Takeover

Prem Watsa’s Fairfax Financial Holdings Ltd. is in discussions with the Ontario Municipal Employees Retirement System (OMERS) to see if the Canadian asset owner is keen on joining in on a potential takeover. Fairfax Financial is looking to acquire Zug, Switzerland-based Allied World Assurance Co.

O’Connor Capital Partners Acquires The Shops at Stonefield

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