M&A

C3.ai Inc. (NYSE:AI) stock surged 15.87% during the pre-market trading session on Wednesday amid reports that the enterprise AI software provider is in discussions to merge with software company Automation Anywhere. If the deal goes through, Automation Anywhere would acquire C3.ai and go...

Middle-market private equity firm Kohlberg has agreed to sell ENTRUST Solutions Group to Leidos Holdings Inc (NYSE:LDOS) for approximately $2.4 billion. • Leidos Holdings shares are experiencing downward pressure. What’s driving LDOS stock lower? The transaction is expected to...

Blackstone (NYSE:BX) is acquiring Arlington Industries, a company that designs and manufactures electrical products. • Blackstone shares are consolidating. What’s next for BX stock? Funds managed by Blackstone Energy Transition Partners, Blackstone’s energy-focused...

Evercore Inc (NYSE:EVR) is the "best pure-play among boutique investment banks" that are poised to benefit from accelerating M&A activity, according to BofA Securities. The Evercore Analyst: Analyst Ebrahim Poonawala initiated coverage with a Buy rating and price target of $435. The Evercore...

SoftBank Group Corp. (OTC:SFTBF) (OTC:SFTBY) has paused acquisition discussions with U.S. data center operator Switch after founder Masayoshi Son pursued a deal valued at around $50 billion for several months. Son had sought direct control of Switch's energy-efficient data center network to support...

Leidos Holdings Inc. (NYSE:LDOS) is making a decisive move into U.S. energy infrastructure. The Reston, Virginia-based contractor announced Monday that it will acquire ENTRUST Solutions Group in an all-cash $2.4 billion transaction, aiming to capitalize on rising utility spending tied to grid...

Erasca Inc. (NASDAQ:ERAS) stock is trading lower on Monday, though there is no news to justify the movement. Erasca stock is trading close to the upper end of its 52-week range of $1.01 – 10.67, according to Benzinga Pro data. The movement came in reaction when U.S. pharma giant Merck &...

IonQ Inc. (NYSE:IONQ) is making its biggest move yet to expand control over its quantum technology stack, agreeing to acquire U.S. chip manufacturer SkyWater Technology Inc. (NASDAQ:SKYT) in a deal that deepens its manufacturing footprint and aligns with growing federal support for advanced...

Merck & Co., Inc. (NYSE:MRK) has reportedly ended discussions to acquire cancer drug developer Revolution Medicines, Inc. (NASDAQ:RVMD) after the two sides disagreed on valuation. Earlier in January, the Financial Times reported that Merck is reportedly in talks to acquire Revolution Medicines...

Diageo is exploring a potential sale of part or all of Royal Challengers Bengaluru, the Indian Premier League cricket franchise, as interest from bidders builds. Diageo has explored selling part or all of RCB at a valuation of up to $2 billion. RCB was previously owned by Vijay Mallya before...

Janus Henderson Group (NYSE:JHG) is set to acquire Richard Bernstein Advisors, a New York-based macro investment firm, in a strategic move to expand its footprint in model portfolios and separately managed accounts. The deal reflects the accelerating demand from advisors for scalable, research-led...

On Friday, Atlantic International Corp. (NASDAQ:ATLN) is pushing deeper into technology staffing with its acquisition of Europe-based Circle8 Group, expanding into a cross-Atlantic workforce platform spanning industrial and IT talent across North America and Europe. Financial terms were not...

Movano Inc. (NASDAQ:MOVE) jumped 114.92% in after-hours trading to $14.98 on Wednesday after Virginia-based Corvex, the AI cloud company merging with Movano, announced a long-term GPU lease agreement. Nvidia H200 Cluster Powers AI Development Corvex plans to use a dedicated cluster of Nvidia...

PayPal Holdings Inc (NASDAQ:PYPL) shares closed up on Thursday following the company’s announcement that it has agreed to acquire Cymbio, tightening its focus on AI-driven commerce. Here’s what investors need to know. PayPal stock is trading near recent lows. What’...

Capital One Financial Corp. (NYSE:COF) shares dropped in Thursday's extended trading after the company released its fourth quarter earnings report, missing earnings estimates. Capital One confirmed it entered into a definitive agreement to acquire fintech company Brex Inc. for $5.15 billion,...