mergers-and-acquisitions News
Genco Blasts Diana Shipping's 'Lowball' Tactics in Board Takeover Bid
Proxy fight escalates after Genco's board rejected a $20.60 per-share offer, with Diana nominating six directors to force a sale.
IES Holdings Climbs After Finalizing Gulf Island Fabrication Buyout
The acquisition, valued at approximately $192 million, significantly expands IES's specialty fabrication capabilities to target data center and infrastructure growth.
Genco Stock Hits 52-Week High as Diana Shipping Launches Proxy Fight
The activist campaign follows Genco's rejection of a $20.60 per-share takeover bid from Diana, setting the stage for a battle over control of the dry bulk shipper.
Worthington Steel Bets Big with $2.4B Bid for German Rival Klöckner & Co.
The deal would create a transatlantic steel powerhouse but will saddle the recently spun-off Ohio company with significant debt, testing investor confidence.
Klöckner Shares Surge 27% on $2.4 Billion Takeover by Worthington Steel
US-based Worthington announces an €11-per-share offer to acquire the German steel distributor, aiming to create a transatlantic industry leader.
Mitsubishi Bets Big on US Shale with $5.2B Aethon Asset Purchase
The deal for natural gas assets in Texas and Louisiana highlights growing global confidence in the future of American LNG exports amid a consolidating energy sector.
Verizon Climbs as California Grants Final Nod for $9.6B Frontier Deal
The telecom giant cleared its last regulatory hurdle to acquire Frontier's California assets, paving the way for a major Fios network expansion.
Frontier Nears $38.50 Buyout Price on Final Verizon Deal Approval
California regulators have granted the last required clearance for the $20 billion acquisition by Verizon, with the all-cash deal now set to close on January 20.