Grindr discloses buyout proposal at $18 per share
soared on Friday after it disclosed a take-private proposal that would value the company at $18 per share. James Lu and Raymond Zage, who together already own more than 60% of the gay dating app, prop...
Warner Bros. Discovery climbs amid reports it’s rejected takeover offers around $24 per share
Shares of are trading up on Wednesday as a bidding war for the HBO and CNN parent company heats up. According to CNBC, WBD has now rejected three offers. The latest was said to be for close to $24 p...
Warner Bros. Discovery just raised the price of HBO Max
, which announced today it’s open to being bought , also said it’s raising prices on its HBO Max streaming subscribers. Effective immediately for new customers and at the next renewal date for existin...
Warner Bros. Discovery spikes after it says it’s gotten takeover interest from multiple parties
With a name like , you wouldn’t expect WBD to be particularly anti-consolidation. As it fields interest from , the company said Tuesday it’s open to a sale. Paramount Skydance isn’t the only party tha...
United States Antimony soars after proposed acquisition of Australian miner Larvotto Resources
is up after revealing a proposal to purchase Australian miner Larvotto Resources in an all-stock deal. US Antimony has already acquired 10% of the company in the open market. Larvotto is planning on d...
Kering to sell its beauty arm to L’Oréal in a €4 billion cash deal
Luxury giant is getting out of the beauty game, offloading its perfume and cosmetics empire to L’Oréal in a €4 billion ($4.7 billion) cash deal, only two years after launching Kering Beauté to get in...
Papa John’s jumps on Apollo’s fresh take-private bid at $64 per share
is up more than 10% in premarket trading on Wednesday, following reports that Apollo Global Management submitted a renewed bid last week to take the chain private at $64 per share. Before Apollo’s fre...
String of acquisitions fuels biotech optimism
After nearly five years in the doldrums, a string of recent Big Pharma acquisition announcements has fueled a rally in biotech stocks. Because biotechs often have no revenues and use borrowed money to...
Novo Nordisk to acquire liver disease drugmaker Akero Therapeutics for up to $5.2 billion
announced Thursdsay that it intends to acquire for up to $5.2 billion. Novo said it would pay $54 per share for Akero, a 15% premium to its $46.49 closing price in Wednesday, for a total of $4.7 bill...
EA’s $55 billion megadeal will ripple across the gaming industry and cause its “black holes” to get even bigger
Electronic Arts, the video game giant behind mainstays like “Madden NFL” and “The Sims,” agreed to a blockbuster leveraged buyout this week — the largest in history, at $55 billion . The group buying ...
Meta buys chip startup Rivos in effort to lower its reliance on Nvidia
is buying AI chip startup Rivos for an unknown sum, as part of the social media company’s effort to decrease its reliance on graphics processing units from , Bloomberg reports. Rivos was seeking fundi...
Electronic Arts set to go private in $55 billion deal — the latest in a long line of disappearing stocks
This morning, video game maker confirmed that it will be taken private by a consortium including Saudi Arabia’s wealth fund, along with private equity firms Silver Lake and Affinity Partners, in a dea...
Merus surges after Genmab says it will acquire it for $8 billion
Danish biotech announced on Monday that it will acquire cancer startup in an all-cash deal worth about $8 billion. Genmab is buying Merus for $97 per share, a roughly 40% premium over its closing pri...
EA confirms it’s being taken private for $55 billion by Saudi Arabia’s PIF, Silver Lake, and Jared Kushner’s Affinity Partners
, one of the largest video game makers in the US, confirmed this morning reports from Friday that it will be taken private by a group including Saudi Arabia’s wealth fund, along with private equity fi...
“Madden” maker EA surges on report it’s nearing $50 billion deal to go private
Shares of video game giant are surging up more than 15% Friday following a Wall Street Journal report that the company is nearing a roughly $50 billion deal to go private. According to the WSJ, an in...
Strive to merge with Semler Scientific to form “the fastest growing corporate Bitcoin holder”
Vivek Ramaswamy’s Strive, which merged with Asset Entities earlier this month to launch a bitcoin treasury, announced it acquired in an all-stock deal. Shares of Semler jumped on the announcement. Ti...
Pfizer to buy obesity drug developer Metsera for up to $7.3 billion
rose in premarket trading after it announced that it would acquire anti-obesity drug developer , which puts the pharmaceutical giant back in the weight-loss medication game after its own pill didn’t a...
Snap surges after positive chatter on Reddit’s r/WallStreetBets as users hope for potential acquisition
While initially took a hit on reports that the US and China had reached the framework for an agreement to maintain TikTok’s presence in the US, that news didn’t even keep the stock down for a day. In...
Fox Corp.’s Lachlan and Rupert Murdoch might be part of the TikTok deal, Trump says
President Trump has said that Rupert Murdoch and his son Lachlan, the chief executive of , are “probably” going to be involved in the investor group looking to buy TikTok in the US. In an interview wi...
IonQ’s purchase of Vector Atomic will support efforts to grow its sales to governments, says Needham & Company
announced plans to acquire quantum sensor company Vector Atomic in an all-stock deal worth approximately $400 million. The purchase is expected to close in Q4. “This acquisition marks a significant ac...