M&A

Classover Holdings, Inc. (NASDAQ:KIDZ) stock is trading higher on Monday after the company announced it entered into a securities purchase agreement with Solana Growth Ventures for the issuance of up to $500 million in senior secured convertible notes. What To Know: The deal supports Classover's...

Chinese CMOC Group, the world's largest producer of cobalt, has announced an all-cash acquisition of Canadian development-stage mining company Lumina Gold Corp (OTCQB:LMGDF), valued at C$581 million (around $420 million). Upon acquisition, CMOC will gain control over the Cangarejos gold-copper...

New On The Block Starbucks (NASDAQ:SBUX) is looking to sell a stake in its Chinese operations. Same-store sales in China fell 14% last quarter, with the Seattle-based coffee retailer seeking partnerships to adapt to tough economic and competitive pressures. Bankruptcy Block Snack producer...

Amid Comcast Corp’s (NASDAQ:CMCSA) impending cable networks spinoff, Walt Disney Co. (NYSE:DIS) CEO Robert A. Iger has ruled out the need for further mergers and acquisitions. What Happened: On Thursday, during Disney’s fourth-quarter earnings call, UBS analyst John Hodulik...

Bankruptcy Block Wellpath Holdings Inc., a major provider of healthcare services to jails across the U.S., is preparing to file for bankruptcy. Owned by H.I.G. Capital, the Nashville, Tenn.-based company has struggled with debt and labor costs. Despite efforts, including a forbearance agreement...

Bankruptcy Block TGI Fridays just rang the "last call" for a financial lifeline, filing for Chapter 11 bankruptcy in Texas. Known for its appetizers, wings, and cocktails, the restaurant chain plans to keep its 39 company-owned locations open as it attempts to restructure its finances and “...

New On The Block Ari Emanuel‘s sports and entertainment conglomerate, Endeavor Group Holdings Inc (NYSE:EDR), is reviewing a potential sale of IMG tennis assets — including the Miami Open and Madrid Open tennis tournaments. Most of IMG’s other assets were included in a transaction...

With Florida's recreational cannabis vote looming, Pablo Zuanic of Zuanic & Associates anticipates a high-stakes shakeup in the state's cannabis market. His latest analysis reveals a volatile mix of market deflation, rapid retail expansion and an active M&A landscape as key companies...

At the recent Benzinga Cannabis Capital Conference, Tony Schor, CEO of Investor Awareness, offered a candid look into the challenges and opportunities facing cannabis companies, particularly in the realm of mergers and acquisitions (M&A). Schor, a seasoned expert in the cannabis industry,...

The panel “Who’s Winning In M&A? East Coast vs. West Coast (The Biggie-2Pac Dilemma)” took place at the Benzinga Cannabis Capital Conference in Florida, where industry experts shared their forecasts about trends in marijuana M&As. Scott Greiper, CEO and founder of Viridian...

At the recent Benzinga Virtual Healthcare Summit, Laura Chico, Ph.D., senior vice president of equity research at Wedbush Equity Research, shared her optimistic views on the 2024 biotech IPO market and the current M&A trends in the industry. Chico’s discussion happened against the...

Southwestern Energy Co. (NYSE:SWN) and Chesapeake Energy Corp. (NASDAQ:CHK) are reportedly on the verge of a merger, creating a $17 billion entity. The outcome of this merger could result in one of the nation’s largest natural gas producers. What Happened: The merger between...

Chevron Corp. (NYSE:CVX), the second-largest oil company in the United States after Exxon Mobil Corp. (NYSE:XOM), sent shockwaves through the market with its announcement of a planned acquisition of Hess Corp. (NYSE:HES) on Monday. However, the market’s initial response has been far from...

Former Treasury Secretary Larry Summers has expressed concern over the Biden administration’s crackdown on mergers and acquisitions, stating it “seems almost like a war on business,” Bloomberg reports. Concerns Over New Guidelines: Summers criticized the new guidelines proposed by...

The Ninth Circuit U.S. Court of Appeal on Friday denied the Federal Trade Commission's appeal to block the impending acquisition of Activision Blizzard, Inc. (NASDAQ:ATVI) by Microsoft Corp. (NASDAQ:MSFT), Bloomberg reported. The appeals court's ruling is a setback for FTC Chair Lina Khan, who...