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X @CNN
CNN· 2026-02-02 22:33
SpaceX will acquire xAI, the company announced, representing a merger of two of Elon Musk's most ambitious companies.https://t.co/KI2pvcZWQB ...
Elon Musk Said to Be Merging SpaceX and xAI Ahead of Mega IPO
Youtube· 2026-02-02 21:47
Another redhead actually crossing the Bloomberg terminal right now, saying that Space X and Z together would be valued at $1.25% trillion. Again, this is coming from the company memo that Bloomberg reporters have seen. Although we should point out, this information is not yet public.Let's bring Ed Ludlow into the conversation. And Ed, I do want to start off with that $1.25% trillion valuation. And I guess my question to you is how much of that valuation is Space X and how much of that is X AEI, the vast maj ...
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Devon Energy Corporation (NYSE: DVN)
Prnewswire· 2026-02-02 20:30
Core Viewpoint - Monteverde & Associates PC is investigating Devon Energy Corporation's merger with Coterra Energy, highlighting that Devon shareholders will own approximately 54% of the combined entity, raising questions about the fairness of the deal [1]. Group 1: Company Overview - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report and has successfully recovered millions for shareholders [1]. - The firm is located in the Empire State Building, New York City, and specializes in class action securities litigation [2]. Group 2: Legal Context - The investigation into Devon Energy's merger is part of the firm's broader efforts to ensure shareholder rights are protected and to assess the fairness of corporate transactions [1]. - The firm encourages shareholders with concerns to reach out for additional information without any cost or obligation [2][3].
X @Tesla Owners Silicon Valley
BREAKING: Elon Musk replied “Yes” to reports that SpaceX is in talks to merge with xAI. https://t.co/K4iDNONPCm ...
Faber Report: Warner Bros. shareholder vote on Netflix deal likely to be held in March
CNBC Television· 2026-02-02 16:34
Warner Brothers. Guys, we got a new amended proxy. Why am I mentioning that.It was filed this morning around 8:30. Because the timeline is moving quickly here on Warner Brothers Discovery and that shareholder vote that is the center of course of what are still Paramount's hopes to get current Warner Brothers Discovery uh shareholders to vote down the Netflix deal. By the way, you're not voting on a Paramount deal. You're just simply going to be voting on a Netflix deal up or down.that vote is coming closer ...
X @Tesla Owners Silicon Valley
BREAKING: SpaceX is in advanced talks to merge with xAI, announcement could happen this week. https://t.co/Gc5Nd1Uj5a ...
Barclays Flags M&A Tailwinds and Pricing Relief as Upside Catalysts for 4D Molecular Therapeutics, Inc. (FDMT)
Yahoo Finance· 2026-02-02 14:53
Company Overview - 4D Molecular Therapeutics, Inc. (NASDAQ:FDMT) is a clinical-stage biotechnology company focused on developing targeted gene therapies using its proprietary Therapeutic Vector Evolution platform [4]. Clinical Developments - The company is conducting the 4FRONT Phase 3 investigations of 4D-150 for Wet AMD, involving 480 patients in each phase, with 381 participants already randomized for 4FRONT-1. Global enrollment for 4FRONT-2 is expected to be completed by the second half of 2026 [3]. - A global Phase 3 trial for diabetic macular edema is scheduled for Q3 2026, and results from the 2-year SPECTRA Phase 1/2 trial are anticipated in the second half of 2026. Additionally, updates on the Phase 2 4D-710 program for cystic fibrosis are expected in the same timeframe [3]. Market Position and Analyst Ratings - Barclays initiated coverage of FDMT with an Overweight rating and a price target of $33, citing solid fundamentals in the biotech industry, the undervaluation of several companies, and anticipated tailwinds from mergers and acquisitions [2][3]. - The report highlights pricing relief as a potential upside catalyst for FDMT and the broader biotech sector [2][3].
Devon Energy and Coterra merge in $58B deal to create US shale powerhouse
Invezz· 2026-02-02 14:32
Devon Energy and Coterra merge in $58B deal to create US shale powerhouse | Invezz false### Choose your country### Choose preferred languagePopular languagesEnglish (USA) [Deutsch] [Español] [Français] [Português]All available languagesEnglish (USA) [English (UK)] [English (Australia)] [English (Canada)] [English (New Zealand)] [English (South Africa)] [English (Ireland)] [English (Singapore)] [English (Nigeria)] [English (Pakistan)] [English (India)] [eština] [Deutsch] [Dansk] [Español] [Français] [Italian ...
Foran Mining (OTCPK:FMCX.F) M&A announcement Transcript
2026-02-02 14:02
Summary of Eldorado Gold and Foran Mining Conference Call Industry and Companies Involved - **Industry**: Mining, specifically gold and copper production - **Companies**: Eldorado Gold (NYSE: EGO) and Foran Mining (OTCPK: FMCX.F) Core Points and Arguments 1. **Transaction Overview**: Eldorado Gold and Foran Mining announced a combination to form a stronger gold and copper producer, enhancing growth and operational excellence [3][4][14] 2. **Financial Metrics**: The acquisition implies an equity value of approximately CAD 3.8 billion, with Foran shareholders receiving 0.1128 Eldorado shares per Foran share [4] 3. **Production Timeline**: Both companies have projects entering production in 2026, specifically Skouries in Greece and McIlvenna Bay in Saskatchewan [6][12] 4. **Production Capacity**: Skouries is expected to produce 140,000 ounces of gold and 67 million pounds of copper annually over a 20-year mine life, while McIlvenna Bay is 85% complete and on track for production [6][12] 5. **Financial Projections**: The combined company is expected to generate nearly $1.5 billion in free cash flow and over $2 billion in EBITDA by 2027, with a significant increase in gold equivalent production [8][12] 6. **Diversification**: The merger diversifies Eldorado's asset base, increasing exposure to copper, which is projected to account for approximately 15% of revenues in 2027 [9][12] 7. **Geographic Risk Mitigation**: The combination adds a second asset in Canada, enhancing geographic diversification and reducing risk [9][12] 8. **Sustainability Goals**: Both companies share sustainability priorities, including carbon reduction goals, and the combined company will focus on responsible mining practices [3][4] 9. **Upcoming Catalysts**: Key milestones include commercial production at Skouries and McIlvenna Bay in mid-2026, and the maiden resource for the Tesla Zone later in 2026 [13][14] Additional Important Information 1. **Market Positioning**: The merger positions the combined entity as a growth leader in the gold and copper sector, with a strong focus on cash flow generation and operational excellence [14][15] 2. **Exploration Potential**: The Tesla Zone at McIlvenna Bay represents a significant near-term expansion opportunity, with ongoing exploration expected to enhance the overall value of the operation [11][29] 3. **Risk Management**: The projects are fully permitted and financed, with execution risks largely mitigated, allowing for a smoother ramp-up to production [25][56] 4. **Cultural Alignment**: The management teams of both companies have a strong cultural fit, which is seen as a critical factor for the success of the merger [68][69] 5. **Future Growth**: Eldorado plans to continue investing in its existing operations in Turkey while expanding its footprint in Canada, indicating a balanced growth strategy across jurisdictions [65][66] This summary encapsulates the key points discussed during the conference call, highlighting the strategic rationale behind the merger, financial expectations, and operational plans for the combined entity.
Eldorado Gold (NYSE:EGO) M&A announcement Transcript
2026-02-02 14:02
Summary of Eldorado Gold and Foran Mining Conference Call Industry and Companies Involved - **Industry**: Mining, specifically gold and copper production - **Companies**: Eldorado Gold and Foran Mining Core Points and Arguments 1. **Transaction Overview**: Eldorado Gold and Foran Mining are combining to create a stronger gold and copper producer, with a focus on sustainable value creation and operational excellence [3][4] 2. **Shareholder Benefits**: The merger is expected to provide tangible benefits to shareholders, including two world-class projects entering production in 2026, enhancing Eldorado's long-average mine lives and financial flexibility [3][4] 3. **Financial Metrics**: The acquisition implies an equity value of approximately CAD 3.8 billion, with post-transaction ownership of approximately 76% for Eldorado shareholders and 24% for Foran shareholders [4] 4. **Production Expectations**: Skouries in Greece is expected to produce 140,000 ounces of gold and $67 million of copper annually over its 20-year mine life, while McIlvenna Bay is projected to enhance the growth profile with additional long-life copper-rich production [6][8] 5. **Free Cash Flow Projections**: The combined company is expected to generate almost $1.5 billion in free cash flow by 2027, with potential EBITDA exceeding $2 billion at consensus pricing levels [8][12] 6. **Diversification**: The merger diversifies Eldorado's asset base, increasing exposure to copper, which is expected to account for roughly 15% of revenues in 2027, and enhances geographic risk balance by adding a second asset in Canada [9][12] 7. **Project Status**: McIlvenna Bay is approximately 85% complete and on track for commercial production by mid-2026, with wet commissioning already underway [25][56] 8. **Exploration Potential**: The Tesla Zone at McIlvenna Bay represents a significant near-term expansion opportunity, with resources opened down plunge and direct access to existing infrastructure [11][29] 9. **Market Rerating Potential**: The combination is expected to support a potential market rerate, enhancing the outlook for the combined company due to long-life growth and critical minerals exposure [13][69] Other Important Content 1. **Cultural Alignment**: Both companies share aligned values and a commitment to sustainability, which is seen as a key factor in the merger's success [3][68] 2. **Risk Management**: The major risks associated with the projects, such as permitting and financing, have been largely mitigated, with both projects fully financed and permitted [56] 3. **Future Catalysts**: Key upcoming milestones include commercial production at Skouries and McIlvenna Bay in mid-2026, and the maiden resource for the Tesla Zone later in 2026 [13][67] 4. **Geographic Strategy**: Eldorado remains committed to its operations in Turkey while expanding its footprint in Canada, indicating a balanced approach to geographic diversification [64][65] This summary encapsulates the key points discussed during the conference call, highlighting the strategic rationale behind the merger, expected financial outcomes, and the operational status of the involved projects.