Tag

Mergers And Acquisitions

All articles tagged with #mergers and acquisitions

business2 days ago•6 min saved

Big Banks Seek Scale: Five Regional Targets Stand Out for Citi or Wells Fargo

With deregulation widening the M&A window, Citi and Wells Fargo could pursue a large regional bank deal under the 10% national-deposits cap. Five regional banks—Fifth Third, Huntington, Citizens, KeyCorp, and Regions—are highlighted as strong targets; Citi could consider First Horizon, while Wells Fargo could eye Zions. Despite executives’ emphasis on organic growth, analysts say the current climate supports scale-driven consolidation, though actual deals remain limited as banks weigh economics and integration risks.

via CNBC|

#business #citigroup #deposits-cap

business2 days ago•8 min saved

Scott Kirby Unveils AI-Driven Growth Plan for United and JFK Expansion

United Airlines CEO Scott Kirby outlines an AI-enabled growth strategy: expand United’s JFK footprint through a JetBlue-backed partnership, broaden international routes, and pursue selective partnerships or slot acquisitions, while weighing bigger mergers only with willing partners and navigating antitrust concerns; he emphasizes reliability and customer experience and aims to avoid furloughs as the airline navigates higher costs and infrastructure limits.

via CNBC|

#artificial-intelligence #aviation-industry #business

business3 days ago•4 min saved

SEC charges ex-BofA banker over $18.5M insider-trading windfall tied to SJ Industries deal

The U.S. Securities and Exchange Commission has sued Jason Satsky, the former head of Bank of America’s energy and power infrastructure unit, alleging he shared material non-public information about a planned takeover of South Jersey Industries with his friend Gavin Wolfe. Wolfe purchased about 2.2 million South Jersey shares for roughly $53 million between November and December 2021 and later generated about $18.5 million in illegal profits after the deal was announced in February 2022. The SEC says the two exchanged multiple messages and that their relationship included favors beyond business, but Bank of America is not accused; Satsky has left the bank and Wolfe is a former BofA employee who was not at the bank at the time of the trading.

via Financial Times|

#bank-of-america #business #insider-trading

business5 days ago•15 min saved

Charter closes Cox and Liberty Broadband deals to form Spectrum-backed telecom giant

Charter Communications has completed its acquisitions of Cox Communications and Liberty Broadband, creating the nation’s leading broadband and video company and the fastest-growing mobile provider in its 45-state Spectrum footprint. Spectrum will roll out in former Cox markets with new pricing and benefits, including a free mobile line for Cox internet customers for one year, and a strengthened, U.S.-based customer-service model as Cox staff transition to Spectrum.

via ABC15 Arizona|

#business #charter-communications #cox-communications

football8 days ago•3 min saved

Chelsea owners mull stake sale to Clearlake amid governance frictions

US financiers Todd Boehly and Mark Walter are in talks to sell their Chelsea FC stakes to Clearlake Capital, potentially easing long-running governance tensions since Clearlake owns over 60% of the club; the talks come as Walter faces regulatory scrutiny over insurers tied to his business empire, and a deal is not guaranteed.

via Financial Times|

#chelsea-fc #clearlake-capital #football

finance11 days ago•10 min saved

Workday stock leaps on reported Silver Lake buyout talks

Workday's shares jumped after Reuters reported private equity firm Silver Lake was in talks to acquire the company; discussions are ongoing with no guarantee of a deal, and the stock traded volatile, climbing as much as about 21% intraday and partially offsetting this year's losses.

via Yahoo Finance|

#acquisition-talks #finance #mergers-and-acquisitions

business12 days ago•11 min saved

Silver Lake Eyes $43B Takeover of Workday in Major Software Buyout

Private equity firm Silver Lake is in talks to acquire Workday for about $43 billion, potentially among the largest software buyouts in history. Talks are ongoing with no guarantee of a deal; Silver Lake could bring in additional investors, following its previous take-private of Electronic Arts. Bhusri continues leading Workday as it faces AI-driven pressures, and Workday counts Netflix, U.S. Bank, Johns Hopkins University and Thomson Reuters among its more than 11,500 customers.

via Yahoo Finance|

#business #mergers-and-acquisitions #private-equity

business13 days ago•17 min saved

Ellison's high-stakes bid to reshape Hollywood via Warner deal

Paramount Skydance chief David Ellison is pushing a $111 billion Warner Bros. Discovery merger but faces mounting antitrust challenges and regulatory hurdles. He has floated relocating Paramount's Hollywood headquarters and even selling major lots to fund the deal, while ticking-fee penalties and a March trial threaten to derail it, prompting a public-relations push and cautious optimism about a settlement with California's attorney general.

via Yahoo Finance|

#antitrust #business #california-politics

business14 days ago•2 min saved

Take-Two Says It Isn’t For Sale as Netflix Expands Gaming Ties Ahead of GTA 6

Take-Two Interactive chief Strauss Zelnick says the company isn’t for sale, quashing speculation of a Netflix buyout as Take-Two continues its Netflix partnerships for game distribution and GTA 6 preps for a November launch. Take-Two has existing deals with Netflix and remains confident in an independent, profitable path, while Netflix pursues growth in gaming through selective acquisitions rather than big takeovers. A Netflix reveal for GTA 6 is also anticipated alongside the game’s broader launch plans.

via GameSpot|

#business #gta-6 #mergers-and-acquisitions

business15 days ago•5 min saved

Trump Media bets on fusion amid heavy losses

Trump Media & Technology Group posted a Q2 loss of $238m on $1.7m revenue, lifting its H1 2026 deficit to $644m as it blames bitcoin price declines; it is pursuing a more-than-$6bn merger with TAE Technologies to commercialize fusion by 2031, while expanding fast-access post fees for Truth Social posts to investors; the stock has fallen about 30% this year and Truth Social usage is down, with Devin Nunes stepping down and Trump’s trust holding a large stake in the company.

via Financial Times|

#bitcoin #business #fusion-energy

business21 days ago•33 min saved

Ellison frames Warner Bros. bid as political, not market-share battle

Paramount Skydance CEO David Ellison defended his bid to buy Warner Bros. Discovery in a New York Times op-ed, arguing that Democratic state attorneys general pursue the case due to misperceptions about his politics and his stewardship of CNN, and insisting the fight is about more than market share. He also notes he has voted for both Democrats and Republicans and holds a mix of liberal and conservative values.

via The Washington Post|

#business #cnn #david-ellison

business23 days ago•2 min saved

AZ and BMS weigh a near-$400bn pharmaceutical mega-merger

AstraZeneca is in talks with Bristol Myers Squibb about a potential tie-up valued at roughly $400 billion, which would create one of the world's largest drugmakers. Discussions have been ongoing and could materialize soon but may also be delayed or collapse. The deal would reinforce AstraZeneca's US-focused pivot after its NY listing, with both companies keeping comments to themselves as talks proceed.

via Financial Times|

#astrazeneca #bristol-myers-squibb #business

business25 days ago•20 min saved

Musk Pushes Back as Tesla–SpaceX Merger chatter surfaces amid China-sale rumors

Barron's reports a Wall Street Journal story that Tesla could sell its China business to pave the way for a Tesla–SpaceX merger; Musk called the claim fake news, saying a China separation has never been discussed. China accounted for over 20% of 2025 Tesla revenue and the Shanghai plant produced more than half of Tesla's 2025 deliveries, while Tesla stock has fallen about 31% this year.

via Barron's|

#business #china #elon-musk

business27 days ago•3 min saved

Grant Thornton to buy CBIZ for $5bn, reshaping US mid-market accounting

Grant Thornton will acquire CBIZ for $5 billion in cash, valuing CBIZ at an enterprise value of $5bn and paying $55 per share, in the largest accounting-sector takeover in a generation. The deal creates a US revenue base exceeding $5bn and positions the combined firm as the largest audit and consulting group in the US outside the Big Four, with New Mountain Capital planning to spin off CBIZ’s non-accounting businesses after closing. The consolidation underscores ongoing private-equity–driven changes in the mid-market accounting sector.

via Financial Times|

#business #cbiz #grant-thornton

business28 days ago•18 min saved

Ari Emanuel Backs Paramount-WBD Merger, Dismisses Antitrust Suit as Trash

Ari Emanuel, CEO of TKO Group and longtime Hollywood power broker, published a Wall Street Journal op-ed defending Paramount’s planned $110 billion acquisition of Warner Bros. Discovery and labeling the states’ antitrust lawsuit against the deal as “trash.” He argues the merger could save Hollywood, contends that competition comes from Netflix, Netflix-related and other digital players, YouTube, and upcoming streaming projects rather than just traditional studios, and accuses regulators of ignoring real competition in a streaming-enabled market. The piece also notes the delay imposes a quarterly $650 million ticking fee on Paramount and underscores Emanuel’s stance that antitrust actions should not be used to settle policy disputes.

via Deadline|

#antitrust #ari-emanuel #business