mergers-and-acquisitions News
Genco Rejects Diana's Takeover Bid, Citing Undervaluation
Shares rise as the dry bulk shipper's board unanimously turns down the unsolicited proposal, signaling confidence in its standalone strategy amid a firming market.
Diana Shipping Falters After Genco Publicly Rejects Takeover Bid
Genco's board rebuked the unsolicited offer, citing significant undervaluation, high execution risk, and concerns over Diana's leverage and financing.
Comerica Jumps as Fed Grants Final Approval for Fifth Third Merger
The all-stock deal, valued at nearly $11 billion, clears its last regulatory hurdle, paving the way for the creation of a top-10 U.S. regional banking powerhouse.
Fifth Third Gets Final Fed Approval for Comerica Takeover
The nod from the central bank clears the last major hurdle for a deal that will create the ninth-largest U.S. bank, signaling a clearer path for large-scale financial mergers.
Genco Rejects Rival Diana Shipping's $890M Takeover Bid
Board dismisses unsolicited all-cash offer as undervaluing the company, signaling confidence in its standalone strategy as a larger fleet operator.
Genco Spurns Diana Shipping’s Takeover Bid, Vows Standalone Value
Genco's board rejects the unsolicited cash offer, arguing its own strategy of low debt and high dividends will deliver superior shareholder returns.
AstraZeneca Acquires Modella AI to Bolster Oncology Drug Pipeline
The $293 billion pharmaceutical giant deepens its commitment to artificial intelligence to accelerate the discovery of next-generation cancer therapies.
Semler Scientific Soars on $1.34B Bitcoin Merger Approval
Shareholders approve all-stock acquisition by Strive Inc., forging a new entity focused on a corporate Bitcoin treasury strategy.