Mergers and Acquisitions Analysis - WBD (Warner Bros Discovery) has suitors, giving David Zastaslav leverage to drive up offers, particularly from Paramount [2] - Value depends on the acquirer; Versent (spun off from Comcast) or local station giants like NextStar and Sinclair might value WBD's cable networks (TNT, TBS, True TV, CNN) more than Netflix or Paramount [4][5] - If Paramount Sky Dance acquires WBD's assets, they could still spin off cable and broadcast properties, employing financial engineering [7] - Donald Trump is in a position to see who can curry more favor, implying deal terms could be influenced by political relationships [10][11] - WBD shareholders have until January 21st to consider the Ellison approach versus Netflix, but there's time for Paramount's offer to increase [12][13] - Sellers in media deals tend to benefit more than buyers, as seen with Disney's acquisition of Fox assets [13] Media Industry Trends - The battle for WBD's assets is about traditional media, but the real winner is YouTube, which is gaining prominence [16] - YouTube will host the Oscars starting in 2029, indicating a shift in media consumption [17] - Tech giants are expected to dominate media in the 2030s, making traditional media companies smaller [17] - A content creation explosion is occurring, with creators on platforms like YouTube and TikTok commanding more viewing time than traditional studios [15]

Investment & Acquisition - Blackstone agrees to acquire Hamilton Island in the Great Barrier Reef [1] - The acquisition aims to gain control of the resort hub [1] Company Focus - Blackstone is acquiring the island from Australia's Oatley family [1]

Evercore ISI sets a price target of $49 for Janus Henderson Group Plc (NYSE:JHG), indicating a potential upside of 3.09%.The acquisition of Janus Henderson by Trian Fund Management and General Catalyst values the company at approximately $7.4 billion.Following the acquisition announcement, JHG's stock experienced a surge, currently priced at $47.53, reflecting an increase of approximately 3.29%.Janus Henderson Group Plc (NYSE:JHG) is a prominent asset management company. It offers a range of financial servi ...

Los Gatos, California-based Netflix, Inc. (NFLX) is a media and entertainment company that provides on-demand access to a vast library of TV series, films, documentaries, and games to subscribers in about 190 countries. Valued at a market cap of $400 billion, the company is expected to announce its fiscal Q4 earnings for 2025 after the market closes on Tuesday, Jan. 20. Ahead of this event, analysts expect this media and entertainment company to report a profit of $0.55 per share, up 27.9% from $0.43 per ...

Core Viewpoint - WSP Global Inc. has successfully completed a bought deal public offering and a concurrent private placement, raising approximately $977.5 million to fund its acquisition of TRC Companies [1][4]. Group 1: Offering Details - The corporation issued 3,616,750 Offering Common Shares at a price of $232.80 per share, generating gross proceeds of approximately $842 million, which includes 471,750 shares from the over-allotment option [2]. - Additionally, 582,328 Placement Common Shares were issued through a concurrent private placement with La Caisse, raising approximately $136 million [3]. Group 2: Use of Proceeds - The net proceeds from the offering and private placement will partially fund the purchase price for the acquisition of TRC Companies, thereby reducing the amount to be drawn from new senior unsecured non-revolving term loans [4]. Group 3: Acquisition Timeline - The acquisition of TRC Companies is anticipated to be completed in the first quarter of 2026, pending customary closing conditions and regulatory approvals [5].

CHICAGO, Dec. 22, 2025 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced that it has completed the acquisition of Carly Railcar Components, LLC (“CRC”), a family-owned, leading distributor of railcar components. The acquisition strengthens FreightCar America’s aftermarket distribution business with a focus on running-repair components, a frequentl ...

Mergers and Acquisitions - Cursor continues acquisition spree with Graphite deal [1]

Acquisition - Anonymous messaging app NGL 被 'earnphone' startup Mode Mobile 收购 [1]

Financial Data and Key Metrics Changes - Consolidated net income increased 35% to a record $188.3 million, or $1.33 per diluted share in Q4 Fiscal 2025, up from $139.7 million, or $0.99 per diluted share in Q4 Fiscal 2024 [9] - Consolidated operating income and net sales improved by 28% and 19% respectively compared to Q4 Fiscal 2024 [10] - Consolidated EBITDA increased 26% to $331.4 million in Q4 Fiscal 2025, up from $264 million in Q4 Fiscal 2024 [11] - Cash flow from operating activities increased 44% to $295.3 million in Q4 Fiscal 2025, up from $205.6 million in Q4 Fiscal 2024 [11] - Net debt-to-EBITDA ratio improved to 1.6 as of October 31, 2025, down from 2.06 on October 31, 2024 [11] Business Line Data and Key Metrics Changes - Flight Support Group's net sales increased 21% to a record $834.4 million in Q4 Fiscal 2025, up from $691.8 million in Q4 Fiscal 2024, driven by 16% organic growth [15] - Flight Support Group's operating income increased 30% to a record $201 million in Q4 Fiscal 2025, up from $154.5 million in Q4 Fiscal 2024 [16] - Electronic Technologies Group's net sales increased 14% to a record $384.8 million in Q4 Fiscal 2025, up from $336.2 million in Q4 Fiscal 2024 [18] - Electronic Technologies Group's operating income increased 10% to a record $89.6 million in Q4 Fiscal 2025, up from $81.8 million in Q4 Fiscal 2024 [19] Market Data and Key Metrics Changes - The flight support group's defense business is experiencing significant growth due to increased demand from the U.S. and allies, emphasizing defense readiness and cost efficiency [16] - The overall market environment is favorable, contributing to strong organic growth and increased demand across product lines [31] Company Strategy and Development Direction - The company plans to pursue selective acquisition opportunities that complement growth, maintaining a balance between organic growth and strategic acquisitions [22] - The focus remains on delivering high-quality, lower-cost alternative aircraft parts to support government and taxpayer cost reductions [16] - The company aims to continue expanding cash margins while delivering high-quality products and services [18] Management's Comments on Operating Environment and Future Outlook - Management expresses optimism about future growth, citing strong performance and a favorable market environment [9][31] - The company anticipates net sales growth across both business groups in Fiscal 2026, driven by organic growth and recent acquisitions [22] - Management acknowledges the challenges of predicting future growth but remains confident in the company's ability to outperform the market [33][86] Other Important Information - The company completed five acquisitions in Fiscal 2025, enhancing sales, earnings, and cash flow [12] - A semiannual cash dividend of $0.12 per share was declared, reflecting confidence in strong cash flow generation [11] Q&A Session All Questions and Answers Question: How is the growth outlook for the Flight Support Group? - Management acknowledges strong organic growth and attributes it to a combination of market conditions and the company's value proposition [31][32] Question: What is the outlook for M&A activity going into 2026? - Management indicates a robust pipeline of acquisition opportunities and expresses optimism about future deals [40][41] Question: How comfortable is the company with leveraging for acquisitions? - The CFO states that the company is open to taking on additional leverage for the right transaction, aiming to maintain a comfortable debt level [42][43] Question: What is the status of PMA parts for defense? - Management confirms progress on PMA parts for defense, viewing it as a medium-term opportunity [44] Question: How does the company view the defense and space segment's growth? - Management believes the mix will remain consistent, with significant opportunities in both commercial and defense sectors [48][49] Question: What are the expectations for FSG margins going forward? - Management anticipates continued margin improvement, with a target range of 23.5% to 24.5% for GAAP operating margins [56][59]

This news release constitutes a “designated news release” for the purposes of Sienna’s amended and restated prospectus supplement dated November 14, 2025 to its short form base shelf prospectus dated November 29, 2024. MARKHAM, Ontario, Dec. 19, 2025 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. ("Sienna" or the "Company") (TSX: SIA) announced today that it has completed its previously disclosed acquisition of a 78.2% interest in LaSalle Park located in Burlington, Ontario, a suburb within the Greater Toron ...