Denny’s (DENN) shares soared over 50% on Tuesday morning after the diner chain said it’s set to go private in a $620 million all-cash transaction led by TriArtisan Capital Advisors. The private equity firm has valued DENN shares at $6.25 apiece and the deal is expected to close in the first quarter of 2026, pending shareholder and regulatory approvals. More News from Barchart Despite today’s meteoric rally, Denny’s stock remains down over 15% versus its year-to-date high. www.barchart.com Is There Any ...

Core Insights - Hologic, Inc. reported adjusted earnings per share (EPS) of $1.13 for Q4 fiscal 2025, reflecting an 11.9% year-over-year increase and surpassing the Zacks Consensus Estimate by 2.73% [1][9] - The company's revenues reached $1.05 billion in Q4, up 6.2% year-over-year, also exceeding projections [3][9] - Hologic has entered into an agreement to be acquired by Blackstone and TPG, with a transaction valued at up to $79 per share [14][15] Financial Performance - Adjusted EPS for fiscal 2025 was $4.26, marking a 4.4% increase from fiscal 2024 [2] - Q4 revenues of $1.05 billion surpassed the Zacks Consensus Estimate by 1.49% [3] - Fiscal 2025 total revenues were $4.10 billion, up 1.7% compared to fiscal 2024 [3] Revenue Breakdown - U.S. revenues in Q4 increased by 5.2% to $784.4 million, exceeding projections [4] - International revenues reached $265.1 million, up 9.4% year-over-year [4] - Diagnostics segment revenues grew 2.4% year-over-year to $454.1 million, driven by higher U.S. molecular diagnostics sales [5] - Breast Health segment revenues surged 4.8% to $393.7 million, outperforming expectations [7] - Surgical revenues increased by 10.2% to $172.5 million, primarily due to sales of MyoSure and Fluent [10] - Skeletal Health revenues skyrocketed by 129.9% to $29.2 million [11] Operational Metrics - Adjusted gross margin decreased by 60 basis points to 60.9% due to product mix and higher tariff expenses [12] - Adjusted operating margin improved by 120 basis points to 31.2% due to revenue growth [12] Cash and Debt Position - Cash and cash equivalents at the end of Q4 were $1.96 billion, down from $2.16 billion at the end of fiscal 2024 [13] - Total long-term debt was $2.51 billion, slightly reduced from $2.53 billion at the end of fiscal 2024 [13] - Net cash provided by operating activities decreased to $1.06 billion from $1.29 billion a year ago [13] Acquisition Details - The acquisition deal includes a cash payment of $76 per share and a contingent value right (CVR) of up to $3 per share, dependent on achieving certain revenue goals [14] - The transaction is expected to close in the first half of calendar year 2026, pending stockholder and regulatory approvals [15]

Core Viewpoint - Nelson Peltz, through Trian Fund Management, has made a £5.3 billion ($7 billion) bid to acquire Janus Henderson, aiming to take the company private and mitigate risks associated with market volatility and geopolitical dynamics [1][8]. Group 1: Bid Details - The bid involves acquiring the remaining 80% of Janus Henderson that Trian does not already own, as Trian currently holds approximately 20% of the company [2]. - Trian has partnered with General Catalyst, a US private equity firm, to finance the acquisition [3]. Group 2: Company Background - Janus Henderson manages $450 billion of investor assets and has a workforce of 2,000 employees [4][9]. - The company was formed from the merger of Henderson Group and Janus and is headquartered in London [9]. Group 3: Market Context - Peltz's offer of $46 per share is significantly higher than the share price in April, which was just above $30, influenced by market conditions related to geopolitical events [8]. - The S&P 500 has recently reached record highs, providing a favorable environment for shareholders to realize profits [8][9]. Group 4: Activist Involvement - Peltz has been an activist investor at Janus for five years, focusing on reversing significant outflows from the company [10]. - Trian's involvement has included the ousting of former CEO Dick Weil and the installation of current CEO Ali Dibadj [11].

Core Insights - Grindr's majority owners are attempting to take the LGBTQ+ dating app private due to a stock decline that has led to a personal financial crisis for them [1] Group 1: Ownership and Financial Situation - The majority owners, Raymond Zage and James Lu, control over 60% of Grindr and had previously acquired the app for over $600 million in 2020 before taking it public in 2022 [2] - Zage and Lu pledged nearly all their shares as collateral for personal loans from a unit of Singapore's sovereign wealth fund Temasek, which became undercollateralized following a stock slide [3] Group 2: Business Performance and Market Reaction - Despite the stock decline, Grindr's profits increased by 25% in the second quarter, although there are concerns regarding executive turnover and narrowing margins [4] - The owners are in discussions with Fortress Investment Group to secure financing for a buyout at approximately $15 per share, valuing Grindr at around $3 billion, which led to a jump in shares following the report [5]

Core Points - Electronic Arts (EA) will be acquired by a consortium of private equity firms led by Silver Lake in a $55 billion deal, with EA stockholders set to receive $210 per share in cash [1][2] - EA stock rose more than 5% in early trading following the announcement of the acquisition [1] - Andrew Wilson, EA's chairman and CEO, emphasized the company's commitment to innovation in entertainment, sports, and technology [2] Summary by Sections Acquisition Details - The acquisition deal is valued at $55 billion, with EA stockholders receiving $210 per share in cash [1] - The consortium includes Saudi Arabia's sovereign wealth fund, PIF, and Affinity Partners [1] Market Reaction - EA stock experienced a rise of over 5% to $204.10 in premarket trades following the acquisition announcement [1] - The stock jumped significantly after reports indicated that EA was nearing a deal to go private [2] Company Vision - Andrew Wilson stated that EA will continue to innovate and create transformative experiences for future generations [2] - Jared Kushner, CEO of Affinity Partners, praised EA as an extraordinary company with a world-class management team [2]

Industry Trend - Electronic Arts (EA), a major video game company, is reportedly considering going private [1]