OneStream shareholders will receive $24 a share, a 31% premium over Monday's closing price. ...

Core Insights - Denny's is being sold to a consortium of private-equity and franchise investors in a $620 million deal, marking a significant transition to private ownership [2] - The chain has faced challenges such as rising menu prices, declining customer traffic, and numerous restaurant closures, leading to a contraction in its business [3][4] - Denny's executives believe that going private will provide the necessary capital for remodeling and improving customer experience, which is crucial for a turnaround [6] Business Performance - Denny's sales at locations open for at least a year were down nearly 2.9% by the third quarter of 2025, indicating ongoing struggles in recovery post-COVID-19 [3] - The company has closed dozens of underperforming stores and plans to close an additional 150, reflecting a significant reduction in its footprint [4] Pricing and Customer Trends - Menu prices have increased dramatically, with the Denny's Lumberjack Slam rising from $5.99 a decade ago to $17.99, impacting the traditional customer base [5] - The shift in customer demographics has seen younger consumers opting for faster and trendier breakfast options, contributing to the decline in traffic [3]

Core Points - Bright Scholar Education Holdings Limited has set November 18, 2025, as the record date for the dissemination of the Rule 13e-3 Transaction Statement in connection with a "going private" transaction under a Merger Agreement with Excellence Education Investment Limited and Bright Education Mergersub Limited [1][4] - The merger is expected to close in 2025, resulting in Bright Scholar becoming a privately held company, with its American depositary shares (ADSs) no longer listed on the New York Stock Exchange [4] Summary by Sections Merger Agreement - The Company entered into a Merger Agreement on October 13, 2025, with Excellence Education Investment Limited and its wholly owned subsidiary [1] - Record holders of Class A and Class B ordinary shares will receive a copy of the Schedule 13E-3 and the final form of the Plan of Merger [2] Dissent Rights - Record holders wishing to exercise their dissent rights must provide written objections within seven days of receiving the Plan of Merger [3] Company Overview - Bright Scholar is a premier global education service group that provides quality international education to students, equipping them with essential academic foundations and skillsets for higher education [5]

Core Viewpoint - Sealed Air's shares have surged over 16% following reports of potential discussions to go private, indicating strong market interest and speculation around its valuation [1][4]. Company Overview - Sealed Air is recognized as a leading provider of packaging solutions, including food-grade packaging and automatic equipment for food safety, with well-known products like bubble wrap and packaging for e-commerce [2][3][5]. Market Performance - The company has seen a year-to-date increase of 25% in its stock price, positioning it as a target for acquisition discussions [6]. - Despite the positive movement today, the overall competitive landscape for Sealed Air and its peers has been challenging, with many competitors underperforming over the past year and three years [3][4]. Valuation Insights - Analysts from Jeffre have set a price target for Sealed Air between $40 and $48, based on historical valuation multiples, with current trading levels reflecting a discount to historical averages [4][10]. - The stock is currently trading at approximately 11 times earnings and around one time sales, compared to a five-year average of 1.5 times sales, indicating potential for valuation adjustment [4][10]. Industry Context - The packaging industry is facing margin pressures due to rising costs of materials, such as timber, which are essential for packaging production [3]. - The potential for consolidation in the industry may arise as companies navigate competitive challenges and seek to enhance their market positions [4][10].

Core Viewpoint - Grindr's shares rose by as much as 11% following reports that shareholders are considering taking the company private, valuing it at $3 billion [1][2] Group 1: Company Valuation and Shareholder Actions - Majority shareholders Raymond Zage and James Lu are seeking to take Grindr private after a private lender, Temasek, reportedly seized and sold some shares [1] - The proposed buyout price is up to $15 per share, which would also value the company at approximately $3 billion [2] - As of 1:45 p.m. EDT on Monday, shares were trading at $13.18, reflecting a 10.2% increase for the day [2] Group 2: Financial Position of Shareholders - Grindr's owners are reported to be in a "precarious personal financial position," prompting discussions about the buyout [2]

Core Viewpoint - Electronic Arts (EA) has agreed to a $55 billion buyout, marking the largest acquisition of a public company to date, with a purchase price of $210 per share, which is nearly 25% higher than its pre-announcement stock value [1] Company Overview - EA has a long history of creating popular game titles such as "The Sims" and "Madden NFL," but has faced challenges in recent years, leading to significant operational struggles [2] - The company has seen a contraction in its business, resulting in workforce reductions, studio closures, and game cancellations, particularly after a major drop in stock value following a cut in annual bookings guidance [3] Industry Context - The gaming industry experienced a boom during the pandemic, but this growth has not sustained as consumer behavior shifted back to outdoor activities [3] - The dominance of free-to-play games like "Fortnite" poses a challenge for EA, which traditionally relies on higher-priced console titles [4] Financial Implications - The buyout could generate renewed investor interest in gaming companies, as evidenced by a rise in shares of EA and other gaming firms like Take-Two and Roblox following the announcement [4] - EA's revenue is heavily reliant on live-service games, which account for three-quarters of its income, suggesting a potential shift towards more mobile and streaming-friendly game formats post-acquisition [6] Regulatory Considerations - The acquisition will require regulatory approval, with potential scrutiny regarding national security due to the involvement of Saudi Arabia's sovereign wealth fund, which has been increasing its investments in the gaming sector [4]

Core Viewpoint - Electronic Arts Inc (NASDAQ: EA) is reportedly preparing for a significant deal to go private, valued at approximately $50 billion, with potential buyers including private equity firms and sovereign wealth funds [1] Group 1: Company Overview - Electronic Arts Inc is considering a move to become a private entity through a deal estimated at $50 billion [1] - The potential buyers identified in the reports include Silver Lake, a private equity firm, Saudi Arabia's Public Investment Fund, and Affinity Partners, which is led by Jared Kushner [1]

Core Insights - The ODP Corporation is planning to go private through a buyout by Atlas Holdings, with a purchase price of $28 per share, representing a 34% premium over the closing share price [2][6]. Company Overview - ODP's CEO Gerry Smith stated that the transaction is fully supported by the Board and will enhance the company's growth position [3]. - The company had previously explored sale options but decided to remain as-is due to macroeconomic conditions [3][4]. Financial Performance - In the second quarter of 2022, ODP reported total sales of $1.6 billion, a decrease of 7.6% year over year, attributed to lower sales in the Office Depot Division and a reduction of 60 retail stores [5].

Core Viewpoint - DigiAsia Corp. has announced its intention to voluntarily delist from the Nasdaq Stock Market as a strategic move to unlock shareholder value, with the delisting expected to take effect around October 2, 2025 [1][4]. Group 1: Delisting and Financial Strategy - The company will file a Form 25 with the SEC on or about September 22, 2025, to initiate the delisting process [1]. - The Board of Directors determined that the conditions to meet the September 15, 2025, deadline for filing a Form 20-F will not be met, primarily due to high listing-related costs and challenges in raising additional capital from public markets [2]. - The initial capital from any future sale or merger will be used to pay off lenders and vendor obligations, aiming for financial stability [5]. Group 2: Offer and Strategic Review - DigiAsia's Board received a firm offer from Indian fintech company PayMate, valuing DigiAsia at $400 million, which includes a $25 million cash component and a share swap [3]. - The Board has tasked management to review all strategic sales and merger opportunities within a thirty-day timeframe [3]. Group 3: Company Overview - DigiAsia is a leading Fintech as a Service (FaaS) provider operating a B2B2X model, offering comprehensive embedded finance solutions to small and medium enterprises (SMEs) in emerging markets [6]. - The company’s fintech architecture aims to democratize digital finance access, supporting financial inclusion for underbanked merchants and consumers [6][7]. - DigiAsia is developing its embedded FaaS enterprise solution with AI capabilities, focusing on Southeast Asia, India, and the Middle East, with plans for global expansion [7].

Group 1 - Bain Capital, the controlling shareholder of Canada Goose, is receiving bids to take the company private at a valuation of approximately $1.4 billion, with Goldman Sachs advising on the sale [1] - Private equity firms Boyu Capital and Advent International have made verbal offers valuing Canada Goose at around $1.35 billion, based on eight times its 12-month average EBITDA [2] - Other interested buyers include Bosideng International and a consortium formed by FountainVest Capital and Anta Sports Product, which previously acquired Amer Sports in 2019 [3] Group 2 - Industry watchers suggest that privatizing Canada Goose would provide buyers with greater autonomy to restructure the company without the scrutiny of regular financial disclosures [4] - Bain Capital is delaying a decision until more offers are received, with due diligence expected to take less than two months once a buyer is selected [4] - Canada Goose's shares have increased over 21% this year, raising its market value to $1.18 billion, although this is significantly lower than its 2018 peak of $7.7 billion [5] Group 3 - As of March, Bain Capital owned approximately 60.5% of Canada Goose's multiple voting shares, which provide 10 times the voting power of publicly traded stock, giving Bain 55.5% of the total voting power [6]