mergers-and-acquisitions News

Marvell to Acquire Celestial AI for $3.25B in AI Chip Push
Mergers & Acquisitions
2mo ago

Marvell to Acquire Celestial AI for $3.25B in AI Chip Push

The acquisition of the optical interconnect startup aims to bolster Marvell's data center offerings as it also reports a swing to profitability on strong AI demand.

Baldwin Insurance Drops 5.6% Despite Announcing $1B Merger with CAC Group
Mergers & Acquisitions
2mo ago

Baldwin Insurance Drops 5.6% Despite Announcing $1B Merger with CAC Group

The deal is projected to be highly accretive to earnings, but investors reacted negatively to the acquisition aimed at creating a $2 billion insurance brokerage powerhouse.

EA's $55 Billion Saudi Buyout Faces Scrutiny Amid PIF Cash Crunch
Mergers & Acquisitions
2mo ago

EA's $55 Billion Saudi Buyout Faces Scrutiny Amid PIF Cash Crunch

Reports of financial strain at Saudi Arabia's sovereign wealth fund cast a shadow over the largest leveraged buyout in history, months after the landmark deal was announced.

Comcast Bids for Warner Bros. Studio in Media Consolidation Push
Mergers & Acquisitions
2mo ago

Comcast Bids for Warner Bros. Studio in Media Consolidation Push

The telecom giant is targeting Warner's film, television, and streaming assets, setting up a competitive battle with Netflix and Paramount amid significant antitrust concerns.

Comcast Bid for Warner Bros. Signals Major Media Consolidation Wave
Mergers & Acquisitions
2mo ago

Comcast Bid for Warner Bros. Signals Major Media Consolidation Wave

A reported offer to merge NBCUniversal and Warner Bros. Discovery could create a $150 billion media giant, forcing rivals to pursue their own strategic deals.

Warner Bros. Discovery Stock Jumps on Comcast Merger Bid Report
Mergers & Acquisitions
2mo ago

Warner Bros. Discovery Stock Jumps on Comcast Merger Bid Report

Shares surge as Comcast reportedly offers $27-$28 per share for WBD's studio and streaming assets, signaling a major media consolidation battle.

Eventbrite Stock Surges 78% on $500 Million Take-Private Deal
Mergers & Acquisitions
2mo ago

Eventbrite Stock Surges 78% on $500 Million Take-Private Deal

Italian tech acquirer Bending Spoons to purchase the ticketing platform in an all-cash deal, paying a significant 82% premium.

Marvell in Talks to Acquire Celestial AI in Multi-Billion Dollar Deal
Mergers & Acquisitions
2mo ago

Marvell in Talks to Acquire Celestial AI in Multi-Billion Dollar Deal

The chipmaker is reportedly pursuing the optical interconnect startup to bolster its AI data center offerings and compete with rivals Nvidia and Broadcom.