The CEO of freight rail operator CSX is focused on generating returns from improved efficiency and performance — but he’s also open to merger prospects as industry rivals consolidate. https://t.co/QLyTtFNsGq ...

Investors seeking to gauge the health of the economy and the extent of elevated risk appetite would do well to monitor mergers and acquisitions (M&A) activity. Fortunately, the outlook is encouraging. With declining interest rates in the U.S. and other parts of the world, global consolidation activity surged 40% last year, and the number of $10 billion-plus transactions hit a record 60. Supported by the artificial intelligence (AI) build-out, expectations of declining interest rates in the U.S., strong corp ...

While Netflix (NASDAQ: NFLX) generated media excitement with its intention to acquire Warner Bros. Discovery (NASDAQ: WBD), Wall Street was not thrilled with the news. The streaming leader's stock is down 18% in 2026 through the week ending Feb. 13, plunging to a 52-week low of $75.23. Contributing to the sinking share price was activist investor Ancora Holdings' insistence that WBD walk away from the Netflix merger. Ancora holds $200 million in WBD stock and believes the Netflix offer is inferior to the ...

>> LIVE FROM BLOOMBERG'S WORLD HEADQUARTERS IN NEW YORK CITY, WE ARE TRACKING THE KEY PLAYERS, MAJOR MOVES AND THE CAPITAL FLOWS SHAPING GLOBAL MARKETS. THIS IS "BLOOMBERG DEALS." DANI: WELCOME TO YET ANOTHER EPISODE OF "BLOOMBERG DEALS," THE ONLY SHOW DEDICATED TO THE CORPORATE ACTION SHAPING MARKETS. YOU HEARD IT FIRST -- FROM OUR "BLOOMBERG DEALS" TEAM.WARNER BROS. AGREES TO REOPEN NEGOTIATIONS WITH PARAMOUNT. IT STARTS THE CLOCK AGAIN FOR WHAT HAS BEEN A THRILLER.MSG UNVEILS ANOTHER POSSIBLE CHANGE. THI ...

Group 1: Warner Bros. and Paramount Negotiations - Warner Bros. has agreed to reopen negotiations with Paramount, starting a new timeline for discussions [1][3] - Paramount expressed concerns about the limited time given for negotiations, indicating a desire for more time to formulate a competitive offer [4] - Warner Bros. is pushing for Paramount to adopt a merger agreement similar to one already accepted by Netflix, which would allow Warner Bros. to operate during the interim period [5][6] Group 2: Madison Square Garden Sports - Madison Square Garden Sports is exploring a potential spinoff of its Knicks and Rangers franchises to achieve a proper valuation of these assets [7] - The Knicks are estimated to be worth around $10 billion, while the Rangers are valued closer to $4 billion, indicating significant potential value in a spinoff [7] - The complexity of MSG Sports' structure is highlighted, as it encompasses multiple sectors, making the potential separation of the teams a complicated process [8] Group 3: Private Equity and Market Trends - TPG's CEO discussed the substantial uncertainty in the market, predicting a reset in valuations due to recent disruptions, particularly in the AI sector [15][16] - The firm is focusing on identifying misvalued companies as potential investment opportunities during this market reset [18][19] - There is a trend towards consolidation in the private equity industry, with larger firms gaining more market share and capital [30][31] Group 4: Software Sector Insights - The software sector has experienced a significant selloff, with a nearly 20% decline in software stocks attributed to concerns over AI disruption [39][41] - Private equity firms are looking for attractive investment opportunities within the software space, particularly in cybersecurity and vertical players with high customer retention [46][50] - The market is witnessing a recalibration of valuations, moving away from subscription-based models to more outcome-based approaches [56][57]

Reddy Ice Announces Successful Closing of the Acquisition of Arctic Glacier [Accessibility Statement] Skip NavigationDALLAS, Feb. 18, 2026 /PRNewswire/ -- Reddy Ice, LLC ("Reddy Ice") today announced the successful closing of the acquisition of Arctic Glacier, LLC, a North American provider of premium ice products and services, from Carlyle (NASDAQ: CG). Terms of the transaction were not disclosed.Reddy Ice is a portfolio company of SCI Capital Partners LP ("SCI") and a leading manufacturer and distributor ...

The value of deal activity dropped from the third quarter’s record level of $144.9 billion, but remained above the $100-billion mark.“The fourth quarter and entire second half of 2025 showed a remarkable reversal of sentiment and activity from the preceding quarters as adaptability and resiliency prevailed,” said Stephen Ng, managing director at the Toronto-based mid-market investment bank, in a release. “As market participants adjusted to the shifting macro environment, many took advantage of attractive de ...

Key Takeaways KVUE beat Q4 earnings and revenue estimates, with both metrics rising year over year.Kenvue's margins improved on supply chain productivity and cost discipline despite higher brand spend.KVUE saw double-digit sales growth in EMEA, Asia Pacific and Latin America, offsetting North America softness.Kenvue Inc. (KVUE) posted solid fourth-quarter results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Also, both metrics increased year over year. Organic growth was driven b ...

Core Viewpoint - Glencore's CEO Gary Nagle emphasizes the need for consolidation in the mining sector despite the collapse of the $260 billion merger with Rio Tinto, indicating a continued appetite for significant deals in a copper-demanding market [2][3]. M&A Activity - Following the failed merger discussions with Rio Tinto, Glencore remains open to transformative acquisitions, suggesting that shareholders support the pursuit of larger deals [3]. - The breakdown of the merger was reportedly due to valuation disagreements, and a six-month cooling-off period is now in effect under U.K. takeover rules, although it may be shortened under certain conditions [4]. Financial Performance - Glencore reported a decline in adjusted EBITDA to approximately $13.5 billion from $14.4 billion the previous year, primarily due to lower coal prices affecting its energy and steelmaking coal division [5]. - Despite the decline in coal prices, Glencore remains one of the most profitable coal producers globally, indicating resilience in its earnings [5]. Commodity Insights - Copper prices have been supportive, helping to mitigate the negative impact from energy sectors, driven by supply tightness and market dislocations related to U.S. trade policy [6]. - The marketing division of Glencore has performed strongly, benefiting from market volatility and arbitrage opportunities [6]. Shareholder Returns and Future Plans - The company announced around $2 billion in shareholder returns, demonstrating its ability to generate significant cash flow without relying on a mega-deal [7]. - Progress has been made on a land access agreement at the Kamoto Copper Company in the Democratic Republic of Congo, which is expected to extend the mine's life and significantly increase copper output over the next decade [7]. Industry Significance - The importance of copper in the mining sector is underscored, as it plays a crucial role in electrification, grid expansion, renewable energy, electric vehicles, and AI-driven data centers, making it a key focus for investors [9].

Danaher's $9.9B Masimo Deal Marks One of 2026's Largest Medtech Buyouts - 24/7 Wall St.[S&P 5006,861.20 +0.14%][Dow Jones49,577.50 +0.02%][Nasdaq 10024,777.60 +0.23%][Russell 20002,646.82 -0.04%][FTSE 10010,665.40 +0.86%][Nikkei 22557,180.50 +0.22%][Investing]# Danaher's $9.9B Masimo Deal Marks One of 2026's Largest Medtech Buyouts### Quick ReadDanaher (DHR) is acquiring Masimo for $9.9B at $180 per share. This represents a 40% premium.Masimo shares jumped 30.27% toward the deal price. Danaher stock fell 6. ...