
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.

E.W. Scripps explores selling Bounce TV, potentially fetching hundreds of millions; shares rise as interest from potential buyers emerges.

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.

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.