Tag

Acquisition

All articles tagged with #acquisition

Meta Spins Out Supernatural, Rebooting VR Fitness as an Independent Studio
xr-industry-news6 days ago

Meta Spins Out Supernatural, Rebooting VR Fitness as an Independent Studio

Meta is spinning out Supernatural as an independent company called Supernatural Health. The current Supernatural app will wind down on December 3, and a new app is expected later this fall in Quest's Horizon Store, built by a smaller team with some of the original coaches back on board. Pricing is returning to the original $20/month ($200/year) after a Founding Member rate of $180 for the first year. Founders and coaches are departing from Meta, and the updated app will bring fresh workouts and features. The move follows Meta's 2021 $400 million acquisition of Within and a subsequent FTC antitrust case that was dropped in 2023.

Berkshire Hathaway to acquire Taylor Morrison for $8.5 billion in all-cash deal
business11 days ago

Berkshire Hathaway to acquire Taylor Morrison for $8.5 billion in all-cash deal

Berkshire Hathaway will acquire Taylor Morrison Home Corporation in an all-cash deal at $72.50 per share, valuing equity at about $6.8 billion and enterprise value at about $8.5 billion—a 24% premium to Taylor Morrison’s May 29, 2026 close. The transaction, expected to close in the second half of 2026, will take Taylor Morrison private and keep its management in place, with Berkshire aiming to eventually unify its site-built homebuilding operations under one platform.

business14 days ago

Caesars to Be Acquired by Fertitta in $17.6B All-Cash Deal

Caesars Entertainment agrees to be acquired by Fertitta Entertainment in an all-cash deal valued at about $17.6 billion (including $11.9 billion of Caesars’ debt), with Caesars shareholders receiving $31 per share — about a 49% premium to the February 25, 2026 close and a 46% premium to the 30-day VWAP. Caesars’ board unanimously approves and recommends stockholders adopt the merger; the transaction is not subject to financing and will be funded by Fertitta equity, assumed debt and new debt financing, with a go-shop period through July 11, 2026. The deal requires stockholder and regulatory approvals; upon closing, Caesars will cease trading on NASDAQ and the combined company will span 60 casino resorts, online gaming and sports betting, Landry’s restaurants and other entertainment venues, connected by Caesars Rewards. The Carano family will roll over a portion of its stake. Management is expected to stay in place; the transaction carries typical closing conditions and potential termination provisions.

business14 days ago

Caesars Entertainment to be Acquired by Fertitta Entertainment in $17.6B All-Cash Deal

Caesars Entertainment has agreed to be acquired by Fertitta Entertainment in an all-cash transaction valued at about $17.6 billion, with Caesars shareholders receiving $31 per share (a 49% premium). The deal finances through Fertitta equity, Caesars’ debt assumption, and new debt financing, and is subject to shareholder and regulatory approvals. Caesars’ Board has approved the merger and recommends approval. A go-shop period runs through July 11, 2026. If closed, Caesars will delist from NASDAQ and the combined company will offer an expanded portfolio of gaming, hospitality, and entertainment assets—including 60 casino resorts, online and retail gaming, and Landry’s restaurants—connected via the Caesars Rewards network.

DigitalBridge to buy ArcLight in $1.05B deal, expanding data-center and power assets
business15 days ago

DigitalBridge to buy ArcLight in $1.05B deal, expanding data-center and power assets

DigitalBridge Group agreed to acquire ArcLight Capital Partners in a deal valued at about $1.05 billion (reported as $1.1 billion), expanding its portfolio of data centers and other digital infrastructure. ArcLight owns a large private power-generation portfolio (about 20.8 GW as of June 2025) and a roughly 15-GW project pipeline, with significant PJM exposure, and would operate as a separately managed unit within DigitalBridge. The transaction is contingent on closing conditions including antitrust/regulatory approvals and a SoftBank affiliate’s separate purchase of DigitalBridge.

DigitalBridge to Acquire ArcLight, Forming a Leader in AI-Driven Digital Infrastructure
business15 days ago

DigitalBridge to Acquire ArcLight, Forming a Leader in AI-Driven Digital Infrastructure

DigitalBridge announced a definitive agreement to acquire ArcLight for up to $1.05 billion (base $650 million, with up to $400 million in contingent consideration), creating a leading alternative asset manager at the convergence of power, AI, and digital infrastructure. ArcLight will operate as a separately managed business within DigitalBridge; completion is contingent on regulatory approvals and the closing of SoftBank Group’s pending DigitalBridge acquisition. The combined platform will manage more than $150 billion in assets; ArcLight brings 70 GW of generation assets and 48,000 miles of transmission/storage, plus an extensive development pipeline. Leadership changes include ArcLight founder Daniel Revers becoming DigitalBridge Vice Chairman; Angelo Acconcia as Managing Partner of ArcLight; and Jake Erhard as Senior Partner. The deal aims to accelerate investment in compute, connectivity, and power for AI infrastructure across North America and beyond.

From Kitchen Table to a $2B Brand: Poppi Founders’ Next Chapter
business19 days ago

From Kitchen Table to a $2B Brand: Poppi Founders’ Next Chapter

Allison and Stephen Ellsworth turned a home-made remedy into Poppi, grew it to over $500M in annual sales, and sold it to PepsiCo for about $1.95B. Bootstrapping with credit cards, loans, and a Shark Tank investment helped scale and rebrand, while COVID forced a $25M capital raise; now they manage their windfall by prioritizing family and experiences and are planning a new venture while mentoring other entrepreneurs.

Netflix Nears $4–5M U.S. Deal for Cannes Hit La Bola Negra
film19 days ago

Netflix Nears $4–5M U.S. Deal for Cannes Hit La Bola Negra

Netflix is close to acquiring U.S. rights to La Bola Negra, a Spanish-language Cannes front-runner by Javier Calvo and Javier Ambrossi, in what insiders call a record-breaking non-English title deal worth about $4–5 million. The deal includes a multi-week theatrical window and an awards campaign. Neon, A24 and Mubi are among the U.S. buyers, with Spain’s Elastica and France’s Le Pacte co-producing; the film stars Penélope Cruz and premiered at Cannes to enthusiastic ovations, following a production backed by Movistar Plus+, Suma Content Films, El Deseo and Le Pacte.

Radical-Transparency Brand Everlane Sold to Shein in $100M Deal
business23 days ago

Radical-Transparency Brand Everlane Sold to Shein in $100M Deal

Everlane, famed for radical transparency, is being acquired by ultra-fast-fashion giant Shein for about $100 million — a steep decline from its peak and a debt-fueled exit by private equity. The board approved the deal as Everlane faced years of financial and reputational challenges, signaling a sharp shift from its ethos to ownership by a low-cost fashion platform, with customers and former employees expressing disappointment and concerns about the brand’s future amid Shein’s regulatory headwinds.