Mergers & Acquisitions

Why Stonepeak Is Buying Astound Broadband From TPG For $8.1 Billion

By Annie Baker ● Nov 3, 2020

Private equity firm Stonepeak Infrastructure Partners announced it has entered into a definitive agreement to acquire Astound Broadband, the sixth-largest U.S. cable operator in the United States.

Why NerdWallet Is Buying Fundera

By Amit Chowdhry ● Nov 1, 2020

NerdWallet — a website and app that offers financial guidance to more than 160 million consumers every year — announced it has acquired Fundera. These are the details.

Tiffany To Be Acquired In $15.8 Billion Revised Sale Price By LVMH

By Amit Chowdhry ● Nov 1, 2020

LVMH Moët Hennessy Louis Vuitton SE and Tiffany & Co. (NYSE:TIF) recently announced that they have concluded an agreement modifying certain terms of their initial agreement to reflect a purchase price of $131.50 in cash.

Nestle To Buy Freshly For Up To $1.5 Billion

By Amit Chowdhry ● Nov 1, 2020

Nestle (OTCMKTS: NSRGY) announced recently that it is buying Freshly for up to $1.5 billion. These are the details about the deal.

Confirmed: Inspire Brands To Buy Dunkin’ Brands (DNKN) For $11.3 Billion

By Amit Chowdhry ● Nov 1, 2020

Inspire Brands has confirmed it is buying Dunkin’ Brands Group, Inc. (NASDAQ: DNKN) — the owner of Dunkin’ and Baskin-Robbins — for $11.3 billion. These are the details.

Why Intel (INTC) Is Buying SigOpt

By Amit Chowdhry ● Oct 31, 2020

Intel Corporation (NASDAQ: INTC) announced it is buying SigOpt. These are the details.

SRAX To Sell Remaining MD Ownership Stake For $8 Million

By Annie Baker ● Oct 30, 2020

Financial technology company SRAX announced that it sold the remaining interest in the SRAX MD asset for $8 million.

Under Armour To Sell MyFitnessPal For $345 Million And Shut Down Endomondo (UA) (UAA)

By Amit Chowdhry ● Oct 30, 2020

Sports equipment company Under Armour Inc (NYSE: UA) (NYSE: UAA) announced it is selling MyFitnessPal to Francisco Partners for $345 million. And the company is sunsetting the Endomondo platform.

Business Insider Parent Company Acquires Controlling Stake In Morning Brew

By Amit Chowdhry ● Oct 30, 2020

Insider Inc. -- the parent company of Business Insider -- announced it is buying a controlling stake in digital media startup Morning Brew at a reported valuation of up to $75 million.

Marvell Technology (MRVL) Is Buying Inphi (IPHI) To Form $40 Billion Semiconductor Giant

By Amit Chowdhry ● Oct 29, 2020

Infrastructure semiconductor solutions leader Marvell Technology Group Ltd. (NASDAQ: MRVL) and high-speed data movement leader Inphi Corporation (NASDAQ: IPHI) announced a definitive agreement under which Marvell will buy Inphi in a cash and stock transaction. These are the details.

Why Callaway Golf Co (ELY) Is Buying Topgolf For Nearly $2 Billion

By Amit Chowdhry ● Oct 29, 2020

Golf equipment company Callaway Golf Co (NYSE: ELY) announced this week that it is merging with Topgolf in a deal valued at nearly $2 billion. These are the details.

AMD And Xilinx (XLNX) Confirm $35 Billion Acquisition

By Amit Chowdhry ● Oct 27, 2020

Today AMD (NASDAQ: AMD) and Xilinx (NASDAQ: XLNX) have confirmed that they have entered into a definitive agreement for AMD to buy Xilinx in an all-stock transaction valued at $35 billion. These are the details.

Why Bayer Is Buying AskBio For $4 Billion (BAYRY)

By Amit Chowdhry ● Oct 27, 2020

Bayer AG (OTCMKTS: BAYRY) recently announced it is buying Asklepios BioPharmaceutical (AskBio). These are the details about the deal.

Why Ansys (ANSS) Is Buying Analytical Graphics

By Annie Baker ● Oct 26, 2020

Ansys (NASDAQ:ANSS) -- a global leader and innovator of engineering simulation software -- announced that it entered into a definitive agreement to buy Analytical Graphics (AGI). These are the details.

Blackstone Group (BX) To Acquire Simply Self Storage From Brookfield (BAM) For $1.2 Billion

By Dan Anderson ● Oct 26, 2020

Blackstone Group Inc (NYSE: BX) announced it is buying Simply Self Storage from Brookfield Asset Management Inc (NYSE: BAM) for about $1.2 billion. These are the details.

Cenovus (CVE) Acquiring Husky Energy (HSE) In $2.9 Billion Deal

By Amit Chowdhry ● Oct 25, 2020

Cenovus Energy Inc (NYSE: CVE) (TSE: CVE) announced it is buying Husky Energy Inc. (TSE: HSE) in an all-stock deal that is valued at C$3.8 billion ($2.9 billion). These are the details you should know.

Why Solarwinds (SWI) Is Buying SentryOne

By Annie Baker ● Oct 25, 2020

SolarWinds (NYSE:SWI), a company that is known as being a provider of affordable IT management software, announced recently that it signed a definitive agreement to buy SentryOne. This is why.

Lordstown And DiamondPeak (DPHC) Complete Business Combination

By Dan Anderson ● Oct 25, 2020

Lordstown Motors Corp. and DiamondPeak Holdings Corp (NASDAQ: DPHC) recently announced the closing of a business combination. These are the details.

Inspire Brands Near Deal To Buy Dunkin Brands (DNKN) For $9 Billion: Report

By Amit Chowdhry ● Oct 25, 2020

Dunkin Brands Group Inc (NASDAQ: DNKN) -- the company behind Dunkin' Donuts and Baskin-Robbins -- is reportedly near a deal to be acquired by Inspire Brands. These are the details.

Why iHeartMedia (IHRT) Is Buying Voxnest

By Amit Chowdhry ● Oct 24, 2020

iHeartMedia (NASDAQ: IHRT) announced this week that it is buying Voxnest, which is the leading consolidated marketplace for podcasts and provider of podcast analytics. These are the details.

Why Cognizant (CTSH) Is Buying Bright Wolf

By Noah Long ● Oct 22, 2020

Cognizant (Nasdaq: CTSH) recently announced it is buying Bright Wolf. These are the details about the deal.

Why Splunk (SPLK) Is Buying Plumbr And Rigor

By Amit Chowdhry ● Oct 21, 2020

Data-to-Everything Platform company Splunk Inc. (NASDAQ: SPLK) announced recently that it has acquired application performance monitoring company Plumbr and digital experience monitoring company Rigor.

Pioneer Natural Resources (PXD) Buying Parsley Energy (PE) In $7.6 Billion Deal

By Amit Chowdhry ● Oct 20, 2020

Pioneer Natural Resources Co (NYSE: PXD) announced today that it entered into a definitive agreement under which Pioneer is going to acquire all of the outstanding shares of Parsley Energy, Inc. (NYSE:PE) in an all-stock transaction.

Intel (INTC) To Sell Memory Chip Unit To SK hynix For $9 Billion

By Amit Chowdhry ● Oct 20, 2020

Intel Corporation (NASDAQ: INTC) announced it agreed to sell the NAND memory and storage operations to SK Hynix Inc (KRX: 000660) for $9 billion. These are the details.

Juniper Networks (JNPR) To Buy 128 Technology For $450 Million

By Dan Anderson ● Oct 19, 2020

Networking products company Juniper Networks, Inc. (NYSE: JNPR) announced it is going to acquire 128 Technology for $450 million in cash. These are the details.

ConocoPhillips (COP) To Buy Concho Resources (CXO) In $9.7 Billion Deal

By Amit Chowdhry ● Oct 19, 2020

ConocoPhillips (NYSE: COP) announced that it is buying Concho Resources Inc (NYSE: CXO) in an all-stock deal valued at $9.7 billion. These are the details.

Ares Management (ARES) To Buy Front Yard Residential (RESI) In A $2.4 Billion Deal

By Noah Long ● Oct 19, 2020

Ares Management Corporation (NYSE: ARES) announced a deal to buy Front Yard Residential Corporation (NYSE: RESI) for approximately $2.4 billion. These are the details.

First Citizens BancShares (FCNCA) And CIT Group Merging, Forming Group Of Over $100 Billion In Assets

By Dan Anderson ● Oct 16, 2020

First Citizens BancShares, Inc. (NASDAQ: FCNCA) and CIT Group Inc. (NYSE: CIT) jointly announced that they have entered into a definitive agreement under which the companies will combine in an all-stock merger of equals.

Why Huron (HURN) Is Buying Salesforce Industries Partner ForceIQ

By Noah Long ● Oct 16, 2020

Global professional services company Huron (NASDAQ: HURN) announced it entered an agreement to buy ForceIQ. These are the details.

Why HealthStream (HSTM) Is Buying ShiftWizard For About $32 Million

By Dan Anderson ● Oct 15, 2020

HealthStream (Nasdaq: HSTM) recently announced it is buying ShiftWizard for $32 million. These are the details.