Acquisition
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Warner Bros. Discovery Confirms Receipt of Further Amended Unsolicited Tender Offer from Paramount Skydance
Prnewswire· 2026-02-10 17:25
Warner Bros. Discovery Confirms Receipt of Further Amended Unsolicited Tender Offer from Paramount Skydance [Accessibility Statement] Skip NavigationNEW YORK, Feb. 10, 2026 /PRNewswire/ -- Warner Bros. Discovery, Inc. ("Warner Bros. Discovery" or "WBD") (NASDAQ: WBD) today confirmed that it has received an amended, unsolicited tender offer from Paramount Skydance Corporation ("Paramount Skydance" or "PSKY") (NASDAQ: PSKY) to acquire all of the outstanding shares of WBD common stock (the "February 10 Amended ...
TrustBIX Inc. Announces Letter of Intent to Acquire 100% of Output Provider Solutions Inc.
TMX Newsfile· 2026-02-10 14:15
Edmonton, Alberta--(Newsfile Corp. - February 10, 2026) - TrustBIX Inc. (TSXV: TBIX) ("TrustBIX" or the "Company") is pleased to announce the signing of a non-binding Letter of Intent (the "LOI"), dated February 5, 2026, to acquire Output Provider Solutions Inc. ("OPS"), a private Canadian company. OPS is an Edmonton, Alberta based technology services company serving clients across Canada, the United States, the United Kingdom, and Australia. OPS designs, implements, and supports connected communications, ...
NEXGEL Announces Financing of $1.797 Million Relating to an Acquisition Targeted to Close in the First Quarter of 2026, Subject to the Completion of Due Diligence
Globenewswire· 2026-02-10 14:00
LANGHORNE, Pa., Feb. 10, 2026 (GLOBE NEWSWIRE) -- NEXGEL, Inc. (“NEXGEL” or the “Company”) (NASDAQ: “NXGL”), a leading provider of healthcare, beauty, and over-the-counter (OTC) products including ultra-gentle, high-water-content hydrogel products for healthcare and consumer applications, today announced the financing of $1.797 million relating to a potential acquisition targeted for the first quarter of 2026. The potential acquisition is subject to the completion of due diligence by both NEXGEL and the inv ...
Lone Star Completes Acquisition of Hillenbrand
Prnewswire· 2026-02-10 13:38
Lone Star Completes Acquisition of Hillenbrand [Accessibility Statement] Skip Navigation--Lone Star Completes Acquisition of HillenbrandBATESVILLE, Ind., Feb. 10, 2026 /PRNewswire/ -- Hillenbrand, Inc. ("Hillenbrand" or the "Company"), a leading provider of highly-engineered, mission-critical processing equipment and solutions, and Lone Star Funds ("Lone Star") today announced that an affiliate of Lone Star has completed the previously announced acquisition of Hillenbrand in an all-cash transaction with a t ...
GameStop Teases Acquisition 'Way More Compelling Than Bitcoin' As Questions About Its BTC Stash Linger
Yahoo Finance· 2026-02-09 15:09
GameStop appears to be moving away from Bitcoin and exploring another Hail Mary to bolster its valuation rapidly. GameStop is plotting a "very, very, very big" acquisition, CEO Ryan Cohen told CNBC on Jan. 30, adding that it could send the company’s valuation to "several hundreds of billions of dollars." Cohen declined to identify the target of the acquisition, according to CNBC, but said GameStop is seeking a "high quality, durable, scalable with growth prospects" public consumer company with a "sleepy ...
Canopy Growth posts mixed Q3 results, narrower loss amid ongoing cost cuts
Yahoo Finance· 2026-02-06 14:06
Canopy Growth posts mixed Q3 results, narrower loss amid ongoing cost cuts Proactive uses images sourced from Shutterstock Canopy Growth Corporation (TSX:WEED, NYSE:CGC) reported mixed results for the fiscal third quarter, with revenue beating estimates and a narrower loss, though per-share results missed expectations. The Ontario-based cannabis producer said net revenue totaled C$74.5 million for the quarter ended December 31, roughly unchanged from a year earlier and above the C$70.5 million Wall Street ...
Genius Sports Buys Gambling Media Company Legend in $1.2 Billion Deal
Yahoo Finance· 2026-02-05 15:35
Genius Sports has agreed to buy Legend, a digital sports and gambling media company, in a $1.2 billion transaction. Genius stock (NYSE: GENI) fell sharply after the market opened Thursday, falling 20% to $6.76 a share. Genius is paying $900 million up front, which includes $800 million in cash and $100 million in stock. The deal also includes an earnout of up to $300 million that will be split across two years once the transaction is completed. The transaction, the largest acquisition in Genius Sports’ hi ...
DXP Enterprises, Inc. Announces Acquisition of Ambiente H2O Inc.
Businesswire· 2026-02-04 12:45
Core Viewpoint - DXP Enterprises, Inc. has successfully completed the acquisition of Ambiente H2O Inc., enhancing its water and wastewater service platform [1][3]. Company Overview - DXP Enterprises, Inc. is a prominent distributor of products and services, providing solutions to industrial customers across the United States, Canada, Mexico, and Dubai. The company specializes in innovative pumping solutions, supply chain services, and maintenance, repair, operating, and production (MROP) services [6]. Acquisition Details - Ambiente H2O Inc., founded in 2006 and headquartered in Sheridan, Colorado, operates in Colorado, Idaho, Montana, Utah, and Wyoming, focusing on pumps, process equipment, and instrumentation for the water and wastewater industry [1][2]. - The acquisition was funded through cash from DXP's balance sheet [2]. - Ambiente reported sales of approximately $8.1 million for the twelve months ending December 31, 2025 [4]. Strategic Importance - The acquisition of Ambiente is seen as a strategic move to strengthen DXP's water and wastewater platform, providing exceptional service and technical sales expertise [3][5]. - DXP aims to scale Ambiente and accelerate sales growth, which is expected to benefit customers, employees, and shareholders [5].
Could SoFi Acquire Another Fintech Company in 2026? Here's What its CEO Just Said.
Yahoo Finance· 2026-02-03 12:28
Core Insights - SoFi has demonstrated impressive growth, with fourth-quarter results for 2025 showing no signs of slowing down [1] - The company raised $1.5 billion by selling additional shares, which has led to concerns about shareholder dilution despite strong capital levels [1][4] Capital Position - SoFi has excess capital, providing safety and financial flexibility for growth [5] - After the recent stock offering, SoFi's capital ratio is 1,000 basis points above the required level, indicating a strong capital position [6] - The company's CFO stated that SoFi's capital is significantly higher than regulatory minimums and internal stress buffers, allowing for potential growth [6] Acquisition Plans - Although there is speculation about a major acquisition, the capital raise was not primarily for this purpose [6] - The CEO mentioned that the company is open to acquisitions if they are more efficient than building products from scratch, particularly in enhancing its technology platform and international expansion [6] - SoFi is interested in acquiring international fintechs that already possess necessary licenses and infrastructure [7]
Columbus McKinnon Receives Clearance from the DOJ for Pending Acquisition of Kito Crosby
Prnewswire· 2026-02-02 14:15
CHARLOTTE, N.C., Feb. 2, 2026 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced it has received clearance from the Antitrust Division of the U.S. Department of Justice (the "DOJ") for its previously announced acquisition (the "Acquisition") of Kito Crosby Limited ("Kito Crosby"). In connection with the DOJ's review of the Acquisition, Co ...