Core Points - Priority Technology Holdings, Inc. has formed a special committee of independent and disinterested directors to evaluate a proposal from Thomas Priore, the Company's Chairman and CEO, to acquire all outstanding shares of Priority's common stock that he does not already own for cash consideration [1] Group 1 - The special committee is authorized to assess the preliminary, non-binding proposal dated November 9, 2025 [1] - The proposal involves acquiring shares that are not currently owned by Thomas Priore [1] - The formation of the committee indicates a structured approach to evaluating potential acquisition offers [1]

Core Viewpoint - Trian Fund Management and General Catalyst have proposed to acquire Janus Henderson for approximately $7.2 billion, advocating for the company to transition to a private entity to enhance its long-term investment capabilities [2][3]. Group 1: Acquisition Proposal - Trian Fund Management, which already holds a 20.4% stake in Janus Henderson, has made an offer to acquire the asset manager at a valuation of around $7.2 billion [2]. - Janus Henderson, managing $457 billion in assets, plans to form a committee to evaluate the acquisition proposal [2]. Group 2: Company Performance and Strategy - Janus Henderson has experienced inconsistent performance since its formation in 2017, resulting in client losses and a significant drop in share value, particularly after the announcement of global tariffs by the US government [3]. - Trian and General Catalyst argue that taking Janus Henderson private would mitigate risks associated with capital market and geopolitical factors, allowing for more effective long-term investments in products and technology [3][6]. Group 3: Market Reaction - Following the acquisition proposal, Janus Henderson's shares increased by 11.3% to a record $46.35, surpassing Peltz's offer price by 35 cents [6]. - Prior to this surge, the company's shares had declined approximately 2.5% year-to-date [6]. Group 4: Industry Trends - The proposed acquisition aligns with a broader trend of companies opting to remain private or go private, as evidenced by a rise in the median age of companies going public from 6.9 years in 2014 to 10.7 years in 2024 [4].

Core Insights - Mubadala Capital is considering acquiring Clear Channel Outdoor Holdings Inc., indicating a potential strategic move in the outdoor advertising sector [1][3] - Clear Channel Outdoor's shares increased by 9.5%, raising its market value to $773 million, while the company carries approximately $6.4 billion in debt [2] - The interest in Clear Channel Outdoor comes amid pressure from activist investor Anson Funds Management for the company to pursue a sale [3] Company Developments - Mubadala Capital's potential acquisition reflects its global ambitions, as it seeks to expand its presence in the U.S. media market [3] - Earlier in the year, Mubadala Capital sold a minority stake to TWG Global and acquired CI Financial Corp., showcasing its active deal-making strategy [4] Industry Trends - The outdoor advertising sector is experiencing increased deal-making activity, with I Squared Capital planning a bid for Ströer SE & Co.'s advertising business valued at €3.5 billion ($4.1 billion) [5] - Berkshire Hathaway has also invested in Clear Channel rival Lamar Advertising, indicating growing interest in the outdoor advertising market [5]