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Acquisition

All articles tagged with #acquisition

business1 day 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.

via Caesars Entertainment|
#acquisition#business#caesars-entertainment
business1 day 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.

via Caesars Entertainment|
#acquisition#business#financing
DigitalBridge to buy ArcLight in $1.05B deal, expanding data-center and power assets
business2 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.

via Utility Dive|
#acquisition#arclight-capital-partners#business
DigitalBridge to Acquire ArcLight, Forming a Leader in AI-Driven Digital Infrastructure
business2 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.

via Business Wire|
#acquisition#ai#alternative-asset-manager
From Kitchen Table to a $2B Brand: Poppi Founders’ Next Chapter
business6 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.

via Business Insider|
#acquisition#business#consumer-products
Netflix Nears $4–5M U.S. Deal for Cannes Hit La Bola Negra
film6 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.

via Deadline|
#acquisition#cannes#film
Radical-Transparency Brand Everlane Sold to Shein in $100M Deal
business10 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.

via The San Francisco Standard|
#acquisition#business#everlane
business15 days ago

Biogen closes Apellis deal, pairing two marketed drugs with a nephrology-focused expansion

Biogen completed its all-cash acquisition of Apellis Pharmaceuticals, making Apellis a wholly owned subsidiary and adding the marketed therapies EMPAVELI and SYFOVRE to Biogen’s portfolio, which together generated $689 million in net product revenue in 2025. The deal was financed via a tender offer at $41 per share plus a contingent value right, with about 82% of Apellis shares tendered. Biogen expects the acquisition to be accretive to non-GAAP diluted EPS in 2027 and to enhance long-term growth through nephrology expansion, including felzartamab’s first Phase 3 readout for antibody-mediated rejection in kidney transplant patients in 2027. Updated guidance will be provided with Biogen’s Q2 earnings in July.

via Biogen|
#acquisition#apellis#biogen
eBay rebuffs GameStop’s $56B bid, citing credibility and governance concerns
business16 days ago

eBay rebuffs GameStop’s $56B bid, citing credibility and governance concerns

eBay’s board rejected GameStop’s roughly $55.5–$56 billion proposal to acquire the company, saying the bid was neither credible nor attractive due to funding uncertainties, governance concerns, and questions about standalone value; GameStop’s shares dropped in premarket trading, and a twist that Cohen was reportedly selling GameStop gear on eBay to fund the bid highlighted the deal’s oddities as eBay pursues growth amid competition from Walmart, Amazon, and others.

via CNN|
#acquisition#business#ebay