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Activist Investor Arkhouse Reconsiders Macy's Takeover Bid — Here's What Lies Ahead
Sunday, May 25, 2025 - 1:22pm | 434The activist investor who previously proposed a $6.9 billion buyout offer for Macy’s Inc. (NYSE:M) is reportedly considering a new takeover bid. This comes nearly a year after Macy’s rejected the initial offer. What Happened: Arkhouse, in collaboration with Brigade Capital...
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Angry Birds Maker Confirms Talks With Sega Over Tender Offer
Sunday, April 16, 2023 - 1:25pm | 363Rovio Entertainment (OTC: RVTTY), the famous Angry Birds mobile game maker, is reportedly in talks with Japan's Sega Sammy Holdings Inc (OTCMKTS: SGAMY) over a possible tender offer. The Wall Street Journal reported on Friday that Sega is nearing a deal to acquire...
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Morgan Creek Is Trying To Bailout BlockFi To Counter FTX: Here's How
Sunday, June 26, 2022 - 9:00am | 252According to a leaked report being revealed by Coindesk, BlockFi’s long-time backer cryptocurrency investment firm Morgan Creek Digital is trying to raise $250 million to counter FTX’s bailout by purchasing a majority stake in the cryptocurrency exchange. Recently, BlockFi...
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Retail Giant Kohl's Gets $9B Bid From Activist Hedge Fund Starboard Value: Report
Saturday, January 22, 2022 - 4:15pm | 391A consortium backed by activist hedge fund Starboard Value LP is offering about $9 billion for retailer Kohl's Corporation (NYSE: KSS), according to a Wall Street Journal report. People familiar with the developments tell WSJ that Acacia Research Corp (NASDAQ: ACTG) has led...
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Philip Morris Raises Bid For UK Inhaler Group Vectura
Sunday, August 8, 2021 - 2:41pm | 317Philip Morris International Inc (NYSE: PM) is raising the stakes in the race for Vectura Group PLC (OTC: VEGPF) with a bid valuing the company at more than $1.41 billion, Reuters reports. In May, U.S.-based Carlyle Group Inc (NASDAQ: CG) had...
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Private Equity Firms Buy A Majority Stake In Medline For More Than $30 Billion
Sunday, June 6, 2021 - 11:59am | 536A consortium of private equity firms bought a majority stake in medical supplier Medline Industries Inc, which according to sources familiar with the matter, is a deal valued at more than $30 billion. What Happened: Private equity firms comprising of Blackstone Group Inc (NYSE:...
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M&A Rumors Keep Twitter Shorts On The Sidelines
Thursday, February 9, 2017 - 12:03pm | 338Twitter Inc (NYSE: TWTR) investors are getting treated to what has become seemingly a routine quarterly beating on Thursday. Shares are down 11.6 percent after the company reported yet another disappointing quarter in terms of ad sales and revenue growth. But while Twitter bulls are hurting,...
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AMC's Potential Starz Buyout Is Just The Beginning...
Wednesday, September 16, 2015 - 3:25pm | 442• FBR believes that the reported merger talks between AMC and Starz could serve to motivate Lions Gate to make an acquisition. • FBR sees very little benefits to the potential deal other than scale. • If completed, the deal could spark buyouts of other smaller names in the media...