Marvell announced plans to acquire startup Celestial AI for about $3.25 billion https://t.co/lA4zKaPNbW ...

Asurion has agreed to acquire UK warranty business Domestic & General as the US company looks to expand its business and geography https://t.co/YM47853j0B ...

Core Insights - Franchise Equity Partners (FEP) has announced its first international acquisition by purchasing IMO Car Wash, the largest tunnel car wash operator globally, which has 720 locations primarily in the UK and Germany [1][2]. Company Overview - IMO Car Wash has been in operation for 60 years and is recognized as a trusted car wash brand, serving millions of customers annually through a high-volume model [2]. - The company boasts a diversified operational footprint and is supported by a management team with extensive experience in the car wash industry [2]. Strategic Goals - FEP views the acquisition of IMO as a unique opportunity to acquire a market-leading brand with a strong operational team and a defensible market position [3]. - The firm aims to optimize and enhance performance across IMO's existing portfolio, leveraging its established customer base and retail partnerships to drive organic growth [3][4]. - Under FEP's ownership, IMO plans to focus on increasing wash volumes, improving customer experience, and enhancing strategic retail partnerships [3]. Market Positioning - The acquisition aligns with FEP's strategy of partnering with leading operators in resilient industries, where scale, brand recognition, and operational efficiency provide sustainable competitive advantages [4].

🚨JUST IN: GOLDMAN SACHS SET TO ACQUIRE ETF ISSUER INNOVATOR CAPITAL FOR $2B ~ BLOOMBERG ...

Welcome back. Let's get to a mad dash with Jim. Let's cover one of the earnings movers this morning.We mentioned Dick Sporting Goods at the top of the show. Let's dig in a little bit. I mean, Jim, I'm looking at the fact that they raised their 25 guidance for comparable sales growth to a range of 3 and a half to 4% up from 2 to 3 and 1/2%.Why am I seeing the stock down. >> It's so interesting you say that because as soon as the numbers came out, I said, "Oh, dick should be up seven, eight bucks." David, it' ...

A bid by the owner of the Daily Mail newspaper to acquire its rival the Telegraph is likely to be waved through by regulators, reflecting the UK’s altered media landscape https://t.co/8eFAgABOks ...

Daily Mail & General Trust Plc has reached a £500 million ($655 million) agreement to acquire The Telegraph, the Financial Times reported https://t.co/BZF2gCCjsV ...

Acquihire https://t.co/007oIrnQCaEasy (@EasyEatsBodega):Wait…So coinbase literally just acquired Vector to get the employees?Are these not the same employees as Tensor employees?1) what https://t.co/bbaKoEg5e2 ...

Acquisition & Expansion - Coinbase is expanding its support for the Solana ecosystem through the acquisition of Vector, an onchain trading platform built on Solana [1] - The acquisition aims to enable all Solana assets on Coinbase with state-of-the-art trading capabilities [2] - Coinbase seeks to accelerate its vision of enabling lightning-fast trading for every asset on Solana [3] Strategic Focus - Coinbase is prioritizing offering the best possible experiences to crypto-native traders [2] - The company aims to combine Vector's Solana-focused depth with Coinbase's scale to unlock the next chapter of open, accessible, global trading [4] - Coinbase is bringing in Vector's team and technology to make rapid progress [3] Technological Advancement - Vector has built the technology and expertise that Coinbase needs to make rapid progress [3] - The acquisition will bring more of Vector's DNA of shipping great onchain trading products into Coinbase [3]

Wait…So coinbase literally just acquired Vector to get the employees?Are these not the same employees as Tensor employees?1) what https://t.co/bbaKoEg5e2Easy (@EasyEatsBodega):Woah.Coinbase on an acquisition spree. ...