mergers-and-acquisitions News
Warner Bros. Discovery Stock Hits 52-Week High on Buyout Interest
Shares surge over 10% after the media giant confirms it is reviewing unsolicited offers and sharing financial data with potential suitors.
Alkermes to Acquire Avadel in $2.1B Deal for Narcolepsy Drug
The acquisition of Lumryz marks a strategic push into sleep medicine, but Alkermes shares dip on concerns over the deal's cost and integration risks.
Alkermes Buys Avadel for $2.1B, Entering Narcolepsy Market
The deal gives Alkermes control of Lumryz, a once-nightly narcolepsy drug, in a cash-and-contingent-value transaction.
Middlefield Banc Corp Soars on $299M Farmers National Merger Deal
The all-stock transaction creates a combined Ohio banking entity with over $7.4 billion in assets, significantly expanding Farmers National's footprint into Central Ohio.
Takeda Inks $12.6B Oncology Deal to Boost Cancer Drug Pipeline
Japanese drugmaker pays $1.2 billion upfront for rights to three experimental solid tumor therapies from Innovent Biologics, marking a major pipeline expansion.
GE Vernova to Buy Out Prolec GE JV in $5.275B Grid Bet
Deal for remaining 50% stake aims to capture full value of profitable transformer business amid soaring electricity demand.
DraftKings Jumps on Railbird Deal, Entering Prediction Markets
The acquisition of the federally licensed platform Railbird gives DraftKings access to a new 50-state market, drawing praise from Wall Street.
Hillenbrand to Go Private in $3.8B Deal with Lone Star Funds
The private equity firm's all-cash offer of $32 per share represents a substantial premium for the industrial equipment manufacturer.