Unstoppable Momentum: Masonite’s Stock Rises 0.8% as $3.9B Acquisition Nears Finalization
Masonite (NYSE: DOOR) gained 0.8% as the HSR waiting period expired for its $3.9B sale to Owens Corning (NYSE: OC), expected to close next month.
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Skydance’s Bold Bid: Paramount Shake-Up, CEO Ousted, and Exclusivity Countdown – A Game-Changing Move
Skydance Media presents its "best and final" offer to merge with Paramount Global, with concessions from the Redstone family and David Ellison to address concerns of smaller investors, amid reported opposition from other stakeholders and impending CEO Bob Bakish's potential ousting.
Paramount Global’s CEO Bob Bakish Faces Imminent Departure Amid Sky-High Merger Talks: Insider Scoop!
Paramount Global plans to oust CEO Bob Bakish amid negotiations for a potential merger with Skydance Media, as reported by CNBC, citing sources, with division heads expected to lead discussions ahead of Q1 2024 financials and the expiration of an exclusivity period on Friday.
Master the Mergers and Acquisitions Game: 10 Essential Steps for Success
The Mergers and Acquisitions Process involves 10 steps: 1. Acquisition Strategy, 2. Selection Criteria, 3. Target Search, 4. Acquisition Planning, 5. Valuation, 6. Negotiations, 7. Due Diligence, 8. Contract, 9. Financing, and 10. Closure Announcement, each crucial for effective execution and completion of the deal.
Dominate Your Finances: Dominion Lending Centres Rakes in $3.71 Million in Cash Sale
Dominion Lending Centres (TSX:DLCG:CA) sold its 52% stake in Cape Communications International for $3.71 million, intending to fully repay its junior term facility with the proceeds.
Breaking: Stalled Adnoc OMV Merger Talks Threaten €1.7B Deal Amid Political Turmoil
Talks between Abu Dhabi National Oil Co. and OMV regarding their chemicals unit merger face significant delays, potentially extending beyond Austrian national elections, as disagreements persist, notably over cash payments and stock exchange listings.
Explosive Growth: AssetMark’s $2.7B Acquisition Sends Shockwaves Through Financial Markets
AssetMark Financial (NYSE:AMK) shares dip 1.7% pre-market as private equity firm GTCR announces a $2.7B acquisition, offering shareholders $35.25 per share in cash, with the company's board unanimously approving the deal, serving over 9,300 financial advisors and 257,000 investor households, expected to close in Q4 with the stock delisted thereafter.
Unlocking Potential: Scripps’s Bounce TV Sale Sparks Interest from Potential Buyers, Could Fetch 100s of Millions!
E.W. Scripps explores selling Bounce TV, potentially fetching hundreds of millions; shares rise as interest from potential buyers emerges.
FTC’s Bold Move: Halting $8.5 Billion Fashion Merger to Protect Consumers
The Federal Trade Commission filed a lawsuit to block Capri Holdings' $8.5 billion sale to Tapestry, alleging it would eliminate competition between Coach, Kate Spade, and Michael Kors, despite Tapestry's insistence that the deal is pro-competitive and Capri Holdings' disagreement with the FTC's decision, with both companies affirming the transaction's benefits and market realities.
Revolutionizing Gaming: Savvy’s $2 Billion Success Story Sparks Industry Transformation
Savvy Games Group, backed by Saudi Arabia’s Public Investment Fund, aims to bolster its mobile game presence through strategic investments like the $4.9 billion acquisition of Scopely, leveraging the success of Monopoly Go, while diversifying from previous esports ventures.