Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S.Sinclair, one of the largest broadcast station owners in the U.S., is launching a strategic review of its broadcast business that could result in a merger, CNBC has learned.The company and its advisors have already held deep discussions with potential merger partners, according to people close to the matter who could not speak publicly due to the sensitive nature of the talks.At the same time, Sinclair ...

Core Insights - Comerica Incorporated (CMA) is facing scrutiny regarding its historical underperformance and potential for a sale, with CEO Curtis Farmer indicating openness to mergers and acquisitions [1][9] - HoldCo Asset Management has acquired a $155 million stake in Comerica and is urging the bank to initiate a strategic review for acquisition offers [2][9] - Potential acquirers named include PNC Financial Services Group, Fifth Third Bancorp, and Huntington Bancshares, which could benefit from cost synergies and expanded geographic reach [3][9] Performance Analysis - Comerica's stock has underperformed significantly, with a decline of 4.5% over the past seven years compared to the industry's growth of 38.6% [4][7] - The bank's total loans and deposits have shown a declining trend, with total deposits down 9.1% in Q2 2025 compared to Q2 2023 [10] - The efficiency ratio has worsened, increasing from 54% in 2018 to 71% in 2024, indicating deteriorating profitability [12] Strategic Positioning - Comerica's geographic reach in high-growth markets provides immediate scale, particularly in the Sunbelt and Midwestern regions [15] - The bank has a strong business banking presence, particularly in commercial lending, which offers opportunities for cross-selling high-margin services [16] - With a market capitalization of $8.5 billion, Comerica presents a manageable acquisition target for larger regional banks, minimizing execution and regulatory risks [17] Future Outlook - The combination of prolonged underperformance, operational missteps, and weakening fundamentals has created a valuation gap that may attract activist investors and potential acquirers [18] - The upcoming quarters will be crucial in determining whether Comerica will remain independent or become part of a larger consolidation trend in the U.S. regional banking sector [19]

Today in Bloomberg Deals: Putting PE money to work in the NFL, S4 is in talks to combine with MSQ and Rumble and Northern Data weigh an AI merger https://t.co/Uv5BHolpd4 ...

Company continues its strategy of seeking M+A conversion opportunities, prioritizing regions where it holds a presenceBoston, MA, Aug. 11, 2025 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) (“MiniLuxe” or the “Company”) today announced a planned issuance of 437,500 subordinate voting shares of the Company at a price of USD $0.40 per share, in connection with the formation of a limited liability company established to acquire a new studio location in the Dallas–Fort Worth market. The acquisition—o ...

Portman Ridge Finance (PTMN) Q2 2025 Earnings Call August 08, 2025 10:00 AM ET Speaker0Welcome to Portman Ridge Finance Corporation's Second Quarter Ended 06/30/2025 Earnings Conference Call. An earnings press release was distributed yesterday, August seven, after market closed. A copy of the release, along with an earnings presentation, is available on the company's website at www.cortmanridge.com in the Investor Relations section and should be reviewed in conjunction with the company's Form 10 Q filed yes ...

Citigroup has appointed JPMorgan's Guillermo Baygual as co-head of mergers and acquisitions in what is just the latest in a string of high-profile investment banking hires from its Wall Street rival https://t.co/QolutAKRyD ...

AUGUST 2025 Investor Presentation TSX: ADEN Figures in USD unless otherwise noted Forward-Looking Statements Certain statements in this Investor Presentation contain forward-looking information within the meaning of applicable securities laws in Canada ("forward-looking information"). The words "anticipates", "believes", "budgets", "could", "estimates", "expects", "forecasts", "intends", "may", "might", "plans", "projects", "schedule", "should", "will", "would" and similar expressions are often intended to ...

to see you. Yeah. Andrew.>> Me time. Thanks, Becky. Meantime, the state of the economy, the accuracy of data and the future of the fed, they are all the big topics of conversation right here at the Aspen Economic Strategy Group forum that's taking place.And last night I sat down with former Treasury Secretary and Fed Chair Janet Yellen. Here's what she had to say about what's going on. >> I think that perhaps the most recent data strengthens the case for some rate cut going forward.Of course, the markets ha ...

Royal Gold (RGLD) M&A Announcement August 05, 2025 09:00 AM ET Speaker0Good morning, everyone, and thank you for joining us on today's Kansanshi Goldstream acquisition. My name is Drew, and I'll be the operator on today's call. During the call, we will have a Q and A session following the prepared remarks. It's now my pleasure to hand over to Alastair Baker, Senior Vice President, Investor Relations and Business Development to begin. Please go ahead when you're ready.Speaker1Thank you, Drew. Good morning an ...

Brightstar's Strategic Positioning and Growth - Brightstar has substantial Mineral Resources of 3.9 million ounces at 1.5g/t Au[22], positioning it uniquely among ASX developers - The company's strategic focus is now on organic growth through resource and reserve upgrades, along with production expansion[22] - The Laverton-Menzies DFS demonstrates compelling Stage 1 economics, with a LOM Free Cash Flow (FCF) of $461 million and an NPV8 of $316 million[22] - Brightstar aims for a Group production profile of over 200,000 ounces per annum by 2029, with the Sandstone processing plant construction planned for the second half of CY27 and first gold production in the second half of CY28[9] Laverton-Menzies Project and Production Expansion - Near-term production growth is targeted to reach approximately 70,000 ounces per annum[24] - The Laverton-Menzies DFS outlines a 5-year production plan, peaking at 91,000 ounces per annum and averaging around 70,000 ounces per annum, supported by Ore Reserves of 235,000 ounces at 1.7g/t Au[42] - The DFS projects an NPV8 of $316 million, an IRR of 73%, and a LOM FCF of $461 million at a spot price of $5,000/oz[42] - The project targets a low-cost operation with LOM unit costs of C1 $2,388/oz and AISC $2,991/oz, achieving payback within one year at the spot price[42] Sandstone Consolidation and Development - The acquisition of Aurumin Ltd consolidates the Sandstone district, establishing a district-scale open pit development opportunity[22] - The proforma Sandstone Mineral Resource grows to 2.4 million ounces at 1.5g/t Au[71] - A Pre-Feasibility Study (PFS) is underway, evaluating a 3-5Mtpa central Sandstone processing capacity, with results expected in the first half of CY26[73] - The company is targeting a Final Investment Decision (FID) for the Sandstone Hub by CY27[73]