Novartis acquires IFM Due, a developer of STING antagonists for inflammatory diseases, for $90M upfront and up to $745M in milestone payments, with an option agreement initiated in 2019.

Scholastic (NASDAQ: SCHL) is set to acquire 100% economic interest in 9 Story Media Group for approximately USD $186 million, aiming to leverage 9 Story's industry-leading production and distribution capabilities to expand its reach across print, screens, and merchandising, solidifying a long-standing collaboration and anticipating substantial improvements in growth and bottom-line results.

Osaic, a leading wealth management provider, expands its portfolio by integrating Latitude Wealth Advisors, a firm based in Hauppauge, New York, with $210 million in client assets, emphasizing personalized service, comprehensive planning, and community involvement, marking a strategic move facilitated by Affiliated Advisors, contributing to Osaic's growth and capacity, totaling over $4 billion in client assets.

Equitrans Midstream (ETRN) surges 8.5% pre-market as EQT Corp. (EQT) announces all-stock acquisition, forming America's first large-scale integrated natural gas producer with $35B+ enterprise value; each ETRN share exchanged for 0.3504 EQT shares, contingent on FERC approval for Mountain Valley Pipeline, with EQT shareholders owning ~74% and ETRN shareholders ~26% of the combined company.