Bloomberg Television·2026-08-12 20:55Corporate Transactions & Mergers and Acquisitions - Josh Kushner and Bob Iger reached a deal to acquire the Los Angeles Lakers for more than 12 billion dollars, surpassing Mark Walter's previous purchase price of 10 billion dollars from a year ago[1][3][5][68] - Nelson Peltz's consortium prepared a bid to take Wendy's private amid declining sales and rising costs[7][8] - Nvidia unveiled a 500 billion dollars AI infrastructure plan backed by major asset managers like Apollo, Blackstone, and Goldman Sachs[11][12] - The Department of Justice formally investigated Kone's proposed takeover of TK Elevator to merge the third and fourth largest elevator companies globally[17][18] - Ancora Alternatives proposed acquiring an H.B. Fuller adhesive unit for 1.2 billion dollars to address the company's high leverage and over 3 billion dollars in net debt[48][50] Private Capital & Secondary Markets - Evercore reported private equity secondary market volume surged to a record 121 billion dollars in the first half of the year, with full-year volume projected to exceed 250 billion dollars[19][20][21] - General Partner (GP)-led continuation vehicles surpassed Limited Partner (LP)-led transactions, driven by fund managers holding onto trophy assets longer[20][21] - Software-specific continuation fund deal volume experienced a significant decline as investors became more selective regarding horizontal versus vertical AI business models[34][36] Sports & Media Industry Valuations - Jeff Bezos and other investors neared a deal to buy a minority stake in Liverpool Football Club, valuing the English soccer team at about 8 billion dollars[69] - Alex Cooper's media parent company Unwell achieved a valuation of 500 million dollars following backing from Hollywood investor Patrick Whitesell[2][89][92]