The $2.3B Wake-Up Call: What GE HealthCare’s Intelerad Deal Actually Means for Imaging IT
GE HealthCare completed a $2.3 billion all‑cash acquisition of Intelerad, the largest recent enterprise‑imaging deal. The platform serves 1,500 health systems, processes 230 million exams annually and generates roughly $270 million in recurring revenue. The transaction underscores a strategic shift from hardware‑centric OEM models to owning the software and interoperability layer that powers outpatient and ambulatory imaging. It also reflects a successful private‑equity build‑out, with Hg turning a $650 million investment into a 3.5‑fold exit.
Fourth Mobile Network in Germany: 1&1 Denies Sale Rumors and Focuses on Expansion
Ralph Dommermuth, CEO of United Internet and 1&1, dismissed rumors of a sale to Telefónica, confirming the firm’s commitment to its own fourth mobile network in Germany. By the end of 2025 the network reached roughly 27 percent of households, with...
AEW Owner Tony Khan Put in Bid to Purchase WWE
In 2023 WWE was sold to Endeavor for $9.3 billion, creating the TKO holding company that now combines WWE with UFC. During the sale process several parties submitted cash bids, including AE & E owner Tony Khan’s Base 10 vehicle, which offered $76.83 per...
Hutchison Refuses to Exit Quietly and the Panama Canal Deal Unravels
Li Ka‑shing’s Hutchison Ports is mounting a legal counter‑offensive to avoid a quiet withdrawal from its Panama Canal concession. The dispute has turned a U.S.‑backed showcase deal into a protracted standoff, complicating the planned transfer of terminal operations. The deadlock...
And the Band Played On…
The Department of Justice’s antitrust staff was reviewing Compass’s $1.6 billion bid for Anywhere Real Estate, the nation’s second‑largest brokerage. Compass hired political antitrust specialist Davis to sidestep a routine “second request” for additional information. Davis persuaded Attorney General Blanche’s office...
Cracks Already Showing In Capital One’s Purchase Of Discover For Travelers
Capital One’s ongoing integration of Discover is moving its debit cards—and potentially some credit cards—onto the Discover network. The change surfaced when a traveler experienced repeated ATM denials in Poland and Ireland, discovering the card now bears the Discover logo....
With Recent Acquisitions, Harvey Homes in on Integrations, In-House Market
Harvey, a legal‑tech platform, has acquired two companies since January 2026, aiming to deepen its integration capabilities and expand its partnership ecosystem. The acquisitions target firms specializing in workflow automation and data analytics, bolstering Harvey’s product suite for in‑house legal...
HSR in Turmoil: Back to the Old Form, at Least For Now
The Fifth Circuit on March 19, 2026 denied the FTC’s request to stay a district court order that vacated the agency’s 2025 Hart‑Scott‑Rodino (HSR) filing form. Consequently, the FTC announced it will accept the pre‑2025 form while still permitting use...
Mobilezone Inks Agreement to Buy Apfelkiste.ch and Marein for CHF 180 Mln
Mobilezone has signed an agreement with the AK Group to acquire the Swiss e‑commerce platform Apfelkiste.ch and retail branding specialist Marein for CHF 180 million. The deal will integrate Apfelkiste’s online catalog with Mobilezone’s extensive brick‑and‑mortar network across Switzerland. By adding Marein’s...
Trump Cheers Oligarch Takeover of CNN
President Trump and Defense Secretary Pete Hegseth publicly backed the Ellison family’s bid to acquire CNN as part of Paramount‑Skydance’s $110 billion purchase of Warner Bros. Discovery, while the DOJ antitrust division reviews the deal. Meanwhile, xAI faces a class‑action lawsuit alleging...
Broadband Shorts March 2026
Broadband providers are reshaping the market through a series of high‑value acquisitions and strategic partnerships. Verizon closed its $20 billion purchase of Frontier, adding 2.2 million fiber subscribers, while AT&T acquired over one million Lumen customers and secured Starry’s millimeter‑wave technology. The...
Podcast: Building the Defense Backbone: Precision Aerospace & Defense and FACT II (FACT)
Precision Aerospace & Defense Group and FACT II Acquisition Corp announced a $310 million business combination, turning the defense‑supplier roll‑up into a publicly traded entity via a SPAC. The deal, disclosed in December, positions Precision to build an EBITDA‑positive network of critical...
What Drove the Huge 2021 Boom?
The 2021 M&A market exploded, posting a 2.5‑times jump in deal volume. Analysts attribute the surge to a perfect storm: massive fiscal stimulus, historically low interest rates, depressed valuations, a frozen deal backlog, record‑high private‑equity dry powder, and strategic buyer...
Sale of Business Non-Competes: The Forfeiture for Competition Alternative
Mayer Brown’s March 2026 memo urges acquirers to replace traditional non‑compete covenants with forfeiture‑for‑competition (FFC) clauses after Delaware courts increasingly invalidate non‑competes on reasonableness grounds. An FFC ties a supplemental cash benefit to the seller’s agreement not to compete, and because...
The M&A Risk of Confusing Market Velocity with Marketing Capability
Technology M&A teams are increasingly mistaking fleeting market momentum for lasting marketing strength. The article argues that high‑velocity demand often originates from a breakthrough product arriving at the right moment—what it calls “gravity”—rather than from a robust marketing organization. When...
Huge M&A Deals: Netflix’s Acquisition of AI Film-Tech Company InterPositive
In early March 2026 Netflix announced a landmark acquisition of InterPositive, an AI‑driven filmmaking startup founded by Ben Affleck, for up to $600 million, largely cash with earn‑out provisions. The deal gives Netflix immediate access to tools that can correct lighting,...
The Observer Opens Voluntary Redundancy Round
The Observer, now owned by loss‑making start‑up Tortoise Media, has opened a fresh voluntary redundancy round, extending buyout offers to staff hired after the 2025 acquisition. The package mirrors the terms of the previous round, but Tortoise has not disclosed...
Hollywood Money Gushed From the Gulf. Then Came War
Hollywood’s recent influx of Gulf sovereign wealth has underpinned mega‑deals such as Saudi‑backed EA’s $55 billion acquisition and Paramount‑Skydance’s $111 billion bid. The ongoing Israel‑Iran conflict has forced production shutdowns across the Gulf, prompting studios to relocate projects and reassess risk. With...
Is MSC Building a New Tanker Empire?
Mediterranean Shipping Company (MSC) has officially secured a 50% stake in Sinokor Maritime, confirming the speculation around Sinokor's aggressive VLCC acquisitions. The partnership, signed on February 2, 2026, is structured through MSC's Luxembourg entity SAS Shipping Agencies Services, with Sinokor...
Delaware Supreme Court Guidance on ADR Provisions to Resolve Earnout Disputes—Stillfront
The Delaware Supreme Court in Fortis Advisors v. Stillfront held that an ADR clause labeling an accounting firm as an "Arbitrator" grants it broad authority to resolve all earnout‑related disputes, including legal and bad‑faith claims, not just calculation issues. The...
InsideArbitrage Event Driven Monitor – March 19, 2026
The March 19 InsideArbitrage Event Driven Monitor highlighted several high‑profile merger‑arbitrage moves, including SunOpta’s April 16 shareholder meeting following an Ontario court order and Saltchuk’s cash tender offer for Great Lakes Dredge’s 5.25% senior notes due 2029. The Department of...
The Leela Palaces Acquires Luxury Forest Resort in South India
The Leela Palaces has purchased a 76‑acre nature resort near Madikeri, Karnataka, and will relaunch it as The Leela Coorg Forest Sanctuary later this year. The property currently features 71 villas with plans for 19 more, including a four‑bedroom presidential...
Synergie Acquires Majority Stake in Agilus Work Solution
Synergie has closed the acquisition of a majority stake in Agilus Work Solutions, Canada’s eighth‑largest staffing provider. Agilus, which reported roughly CAD 300 million in 2025 revenue across 14 branches, specializes in temporary and permanent staffing for technical, engineering, IT and natural‑resource...
Rollover Equity: Considerations for a Seller
John Jenkins highlights key considerations for sellers contemplating equity rollovers in M&A transactions. The blog stresses that call options embedded in buyer agreements can allow the acquirer to repurchase the seller’s rolled‑over stake, often at below‑market prices and over extended...
Top 30 Largest Publicly Traded Healthcare Companies in 2026 by Employee Number
The article ranks the 30 biggest publicly traded healthcare firms by employee headcount, highlighting UnitedHealth’s 400,000 staff and $447.6 billion revenue as the top entry. It notes a 56% jump in global healthcare deal volume to $403 billion in 2025, despite fewer...
Top 3 SPAC Targets – Alternative Fuels
The SPAC market is reviving as oil prices stay near $100 and geopolitical tensions keep supply tight, creating a sweet spot for alternative‑fuel producers. Renewable natural gas, ethanol and renewable diesel firms can charge commodity‑level prices while offering domestic, low‑carbon...
Activist That Encouraged Merger Only To Change Its Mind Denied “Extraordinary Remedy” Of A Deal Injunction
The Delaware Court of Chancery rejected HoldCo’s request for an injunction to block Comerica’s merger with Fifth Third, finding the deal‑protection provisions lawful and not coercive. HoldCo, which had initially championed the transaction, could not demonstrate a colorable claim or irreparable...
SPAC Fallout, Accrual Battles, and the Long Tail of De-SPAC Risk
The Delaware Supreme Court affirmed the Delaware Chancery Court’s ruling that the standard three‑year statute of limitations applies to fiduciary‑duty claims arising from de‑SPAC transactions. The court applied Delaware’s long‑standing occurrence rule, holding that the limitations clock starts when the...
United CEO Scott Kirby Says Buying JetBlue Is Up To Them — As Government Travel Falls 50%
United Airlines CEO Scott Kirby told investors that government travel is down roughly 50%, eroding about 4‑5% of the carrier’s revenue. United is responding by retiring 21 aircraft early, cutting redeye flights and shifting its yield‑management system to fill seats...
Key Trends in the Global Market for Buying and Selling Companies
Global M&A activity surpassed $4.9 trillion in 2025, driven by a shift toward digital, borderless marketplaces. These platforms streamline negotiations with automated NDAs, virtual data rooms, and AI‑powered matching, compressing mid‑market deal cycles from a year to three‑six months. Emerging regions...
Wasserman’s ‘Insane’ Price Tag — and the Curious Strategy Behind It
Casey Wasserman is reportedly demanding an "insane" valuation for his agency, The Team, anchored to a high EBITDA multiple. The ask comes amid a wave of aggressive Hollywood M&A, highlighted by David Ellison’s leveraged‑buyout attempt of Warner Bros. Discovery. Industry...
NX Group Consolidates Indonesian Forwarding Units
NX Group completed the merger of PT. NX Lemo Indonesia Logistik and PT. Nippon Express Indonesia on March 1, 2026, creating a unified freight forwarding powerhouse. The consolidation ends a fragmented structure by bringing air and ocean services under one...
SUSE Just Acquired Losant
SUSE announced on February 19 that it has acquired Losant, an Industrial Internet of Things platform, to expand its edge portfolio into operational execution at the “Tiny Edge.” The deal includes plans to open‑source Losant’s technology and feed it into...
IB Acquisition Corp. (IBAC) to Combine with GNQ Insilico in $552M Deal
IB Acquisition Corp. (IBAC) announced a definitive merger with GNQ Insilico, an AI‑driven drug discovery platform, in a transaction valued at approximately $552 million. The SPAC will combine its public listing with GNQ’s proprietary synthetic biology technology, providing the biotech firm...
Exclusive: Manulife Buys RED Sol Project In Coquitlam From Adera For $60M+
Manulife Financial completed a low‑$60‑$65 million acquisition of the RED Sol rental project in Coquitlam, British Columbia, from developer Adera Development. The deal was structured as a share sale, allowing Manulife to avoid roughly $1.8 million in property transfer tax. RED Sol consists of...
Micron Completes Acquisition of PSMC's P5 Site in Taiwan
Micron Technology announced the completion of its purchase of Powerchip Semiconductor Manufacturing Corporation’s P5 site in Tongluo, Taiwan. The acquisition, first disclosed on January 17, gives Micron control of a 300,000‑square‑foot, 300 mm clean‑room facility. Located roughly 15 miles from Micron’s...
When Deals Get Cold Feet: How Iran Just Became M&A's Buzzkill
U.S. military action against Iran is slowing the momentum of 2024 M&A activity, with deal announcements falling 13% year‑over‑year and sitting about 25% below the 2021 peak. Advisors report stretched timelines and deeper due‑diligence as firms brace for heightened geopolitical...
New Providence Acquisition Corp. III (NPACU) to Combine with Abra in $846M Deal
New Providence Acquisition Corp. III (NPACU) announced a definitive agreement to combine with Abra, a digital‑asset platform, in a transaction valued at approximately $846 million. The merger will deliver roughly $200 million of SPAC cash proceeds to Abra and list the combined...
Apollo Emerges Frontrunner for Syntegon Stake in €4bn Deal with CVC
Apollo Global Management has become the leading bidder for a stake in Syntegon, a packaging‑machinery specialist serving pharmaceutical and food markets. The potential transaction is valued at roughly €4 billion, following CVC Capital Partners' 2019 acquisition of Syntegon for about $1 billion....
Arvato Acquires THINK Logistics, Builds Out North American Fulfillment Platform
Arvato SE announced the acquisition of Canadian third‑party logistics provider THINK Logistics, expanding its footprint across the United States and Canada. The deal adds roughly 20 Canadian fulfillment sites and 20,000 employees worldwide, integrating THINK’s technology‑driven operations with Arvato’s existing...
Air Lease Merger This Year Creates New Lessor Powerhouse
Air Lease Corporation will be acquired for $7.4 billion by a consortium including Sumitomo, SMBC Aviation Capital, Apollo and Brookfield, and will be rebranded as Sumisho Air Lease Corp (SALC) in early 2026. Class A shareholders receive $65 cash per share. SMBC...
Deal Lawyers Download Podcast – Mike O’Bryan on M&A Trends for 2026
The Deal Lawyers Download podcast features Morrison & Foerster’s Mike O’Bryan outlining M&A trends for 2026. Topics include AI‑driven due diligence, evolving antitrust and national‑security review regimes, new SB 21 safe‑harbor rules, recent tax law changes, and strategies for acquihires, earnouts, and activist‑influenced...
The HSR Pulse: Navigating the 2026 M&A Data Surge
The February 2026 Hart‑Scott‑Rodino (HSR) filing count rose to 188, modestly above January’s 180 but well below the year‑end peak of 232. Effective February 17, the jurisdictional threshold jumped to $133.9 million, pushing larger, data‑intensive deals into the filing pool. eDiscovery,...
Agero to Acquire Urgent.ly in a $156 Million Cash Deal
Agero Inc. announced a cash acquisition of Urgent.ly Inc. for $155.92 million, offering $5.5 per share—a 170.94% premium to the prior close. The tender offer, backed by Agero’s wholly‑owned subsidiary, targets all outstanding Urgent.ly shares and is slated to close by...
Larry David’s HBO Sketch Comedy Show Gets a Title, Will Feature Obama / White House Accuses CNN of Lying /...
Comedian Larry David is launching a new sketch comedy series on HBO, officially titled “Larry David’s America”. The show will feature a cameo by former President Barack Obama, marking a rare political figure’s participation in a comedy program. At the...
MedTech M&A in 2026: Tracking Deal Activity
Medtech M&A rebounded in 2025 and accelerated in 2026, with firms pursuing targeted acquisitions and divestitures across cardiovascular, diagnostics, and manufacturing. Notable deals include Boston Scientific’s $14.5 billion purchase of Penumbra, Danaher’s $9.9 billion acquisition of Masimo, and Blackstone/TPG’s $18.3 billion takeover of...
Aditxt Acquires Ignite Proteomics to Address a Critical Challenge in Cancer Care: Optimizing Therapy Selection
Aditxt, Inc. announced the acquisition of Ignite Proteomics for $36 million in Series A‑2 convertible preferred stock, adding a CLIA‑certified functional proteomics platform to its oncology portfolio. Ignite’s Reverse Phase Protein Array (RPPA) assay quantifies 32 phospho‑ and total‑protein biomarkers, offering therapy‑selection...
MedImpact Acquires SRS Benefit Partners and MSL Captive Solutions
MedImpact Holdings announced the acquisition of MHW Benefit Partners (formerly SRS Benefit Partners) and MSL Captive Solutions, firms that specialize in alternative risk financing and captive insurance for medical stop‑loss and employee‑benefit programs. The deal expands MedImpact’s service suite beyond...
European Insurance M&A Activity Rises 14% in 2025: FTI Consulting
European insurance M&A activity climbed 14% in 2025, reaching 789 announced transactions across brokers, MGAs, service providers and carriers. The United Kingdom and Ireland saw a 23% year‑on‑year decline, yet remained the region with the most deals at 219. Continental...
ICB Mergers and Clusters: What They Mean for Continuing Healthcare
A wave of Integrated Care Board (ICB) mergers and clustering is set to roll out across England, with many consolidations taking effect in April 2026 and further changes slated for 2027. The reforms aim to cut ICB operating and programme...