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Videogame maker Electronic Arts' stock jumps on news of take-private deal
MarketWatch· 2025-09-26 19:24
Core Insights - A potential transaction is underway that could value Electronic Arts at $50 billion [1] Company Summary - Electronic Arts is currently in discussions for a transaction that may significantly increase its market valuation to $50 billion [1]
Irenic Capital moves to rustle up takeover interest in Upper Crust owner SSP, FT reports
Yahoo Finance· 2025-09-25 04:50
Group 1 - Activist hedge fund Irenic Capital Management is seeking interest in a take-private deal for SSP Group, the owner of Upper Crust, after increasing its stake in the company [1][2] - Irenic Capital Management is encouraging private equity groups to consider takeover bids, suggesting that SSP could be valued at a 50% premium to its current market value [2][3] - SSP Group's shares rose over 8% to 168.6 pence following the news, indicating positive market reaction [3] Group 2 - SSP Group operates food and beverage outlets in travel locations, focusing on airports, train stations, and other travel hubs [4] - Irenic Capital Management currently holds approximately 3% of SSP's stock, highlighting its significant but minority stake in the company [4]
TaskUs delays shareholder vote on take-private deal
Reuters· 2025-09-24 22:11
Group 1 - TaskUs has postponed a shareholder meeting to vote on a take-private offer from Blackstone and the company's co-founders [1] - The delay is intended to provide more time to solicit shareholder support for the deal [1]