Broadcasters and Newsmax Seek Court Block on Nexstar‑Tegna Deal
Several state broadband associations -- plus @NEWSMAX -- today asked the U.S. Court of Appeals for the D.C. Circuit to block @NXSTMediaGroup-@TEGNA merger, which closed on March 19, 2026, the same day the $6.2 billion deal was approved by the @FCC with a few conditions, including the divestment of six stations, include NBC affiliates in Indianapolis and Denver.
Political Clout Now Trumps Antitrust in M&A
There is a new meta for merger arbitrageurs, such that traditional antitrust analysis is outweighed by the acquiror's political clout. In particular, if the acquiror employs Mike Davis, their M&A deal is getting done. https://t.co/B0QuYUxxv2
Swift Solar Buys Meyer Burger Assets, Expands US HJT/Perovskite Production
Swift Solar acquires Meyer Burger assets to scale U.S. HJT and perovskite production #energysky -- via pv magazine global: https://t.co/ecMERORz5o
Lilly’s Biz Dev Handles 10 Weekly Deals, Public Offers Stalled
Some interesting comments from Jacob Van Naarden, $LLY head of business development, at STAT's Breakthrough Summit East event yesterday: On deal volume: Jake, himself, is seeing approx 10 deals per week, ie deals that are important enough, or diligenced enough,...
Wall Street Opposes Paramount‑Warner Deal Amid Lawsuit
Wall Street hates the Paramount-Warner deal. There's a shareholder derivative lawsuit here against the Ellisons, or maybe the deal doesn't even go through. https://t.co/ek5wSMzOXW https://t.co/fqN6mZnTz9
Savvy Games CEO Brian Ward Still Pursuing Game Acquisitions
My latest exclusive interview with Brian Ward, CEO of Savvy Games Group, about investing in games and acquiring game companies. He still expects to be active in doing deals. https://t.co/5hWlkaV9QO
AGs and DirecTV Lawsuits Persist After Nexstar‑Tegna Merger Closed
The offices of the state AGs and DirecTV said their lawsuits seeking to block the Nexstar-Tegna merger will continue to move forward, notwithstanding Nexstar’s announcement that the deal has closed. https://t.co/2Y4mvyhfS4 via @variety
Nexstar's Flawed Ratings Predict Mass Journalist Layoffs
Two ratings on Nexstar are junk, so this deal will require mass layoffs of local journalists.
FCC and DOJ Approved Nexstar‑TEGNA Deal Illegally
The fix was in at the @FCC & @JusticeATR to approve the massive Nexstar-TEGNA deal. People need to know how abnormal and illegal the process was. I talk about it here: https://t.co/rmcV0J9w0N
EBay's Depop Acquisition Targets Younger Shoppers
The @ebay acquisition of @depop from @etsy makes so much sense, especially because EBay has been trying to build its customer base and reach younger demographics. #ebay #depop #etsy #fashion #business
Nexstar‑T
D.C. Memo: @NXSTMediaGroup-@TEGNA Deal Sails Through @BrendanCarrFCC in a Speedy 121 Days; CEO Sook Makes a Few Minor Concessions But That’s It; Nexstar has two years to sell six TV stations but in the end, it might not...
FCC Greenlights Nexstar‑Tegna Merger, Fueling Local State Media
The creation of state media continues at the local level under Carr's FCC. This is even more dangerous than Ellison Inc., for people still watch local TV. FCC approves merger of local television owners Nexstar and Tegna as two lawsuits seek...
Privatization Arbitrage: Opening Bid Likely to Be Outbid
A new privatization arbitrage opportunity with a reasonable chance that the offer will be bumped. With vote from disinterested shareholders required, the current offer is likely just the opening bid. https://t.co/Z5SqvNRZjD
NVS
$NVS paying $2bn for Synnovation's SNV4818, after $LLY paid $1.5bn for Scorpion's STX-478. Mechanistically, seems like good news for $RLAY, bad for $OKUR & $COGT
U Mobile Deal: Strategic Win or Debt Risk?
U Mobile Ownership Shift: A Strategic Masterstroke or a Debt-Fueled Gamble? Some asked: Local Triumph or Sovereign Risk? Corporate finance perspective, let me explain the A, B, & C: A. Positives B. Negatives C. Neutral ↓↓↓
US Clears $6.2B Nexstar‑Tegna Merger, Redefining Local News
U.S. approves $6.2B Nexstar-Tegna deal that may reshape local TV news - The Washington Post https://t.co/DfLQnNI3On
AGs Sue, Deal Closes Same Day: TGNA Winners
State AGs sue to block the merger in the am, deal closes in the pm. Wild ride for $TGNA shareholders - congrats to those who held for $22.00. https://t.co/hroSGkpRRo
Unilever Explores Food Unit Spin‑off with McCormick
SCOOP: Unilever is in talks to separate its food business and combine it with spice maker McCormick. $UL $MKC https://t.co/dkrabAnWwZ
DOJ, FCC Clear Tegna‑Nexstar Deal, Forming Largest Local Broadcaster
Both the DOJ and the FCC have approved the merger of Tegna and Nexstar, a deal that would create the largest owner of local stations in the US. https://t.co/BcB7uDquKX
Amazon Acquires Autonomous Robotics Startup Rivr
Amazon $AMZN has acquired autonomous robotics startup Rivr Rivr was valued at $110 million in an August 2024 funding round which included investment from Jeff Bezos and Amazon - The Information
Money Wins: Ellisons Unlikely to Dump WBD Deal
I wish I could agree with The Ankler position on the PSKY acquisition of WBD “one good push and the thing unravels.” But money changes everything. Pretty much always. Governments flex a lot… rarely pull a trigger. Do we really think...
Democrats Sue to Block Broadcaster Merger over Censorship
Democrats are actually targeting the censorship machine, aka our corporate media. Eight state enforcers just filed a case to block the merger of the broadcaster giants who had Jimmy Kimmel thrown off the air. https://t.co/TfV2oxQ4lk
Bezos Plans $100B Fund to Automate Manufacturing with AI
"Jeff Bezos is in early talks to raise $100 billion for a new fund that would buy up manufacturing companies and seek to use AI technology to accelerate their path to automation." https://t.co/UmA1I3g0xp
Restructured Deal Paves Path for DirecTV‑Dish Merger
EchoStar's restructured agreement with Dish DBS unit creditors could clear the way for another attempt to combine DirecTV with Dish's video business. @Light_Reading https://t.co/mfCCgX4u8a
Ecolab Nears $5B Acquisition of CoolIT Systems
SCOOP: Ecolab is nearing a deal to acquire data-center cooling company CoolIT Systems from KKR for between $4.5 billion and $5 billion. $ECL https://t.co/1tDHzEKlYQ
Bearish Pressure Threatens Previously Bullish Deal Market
The best news may be in the rearview... Bears encroach on bullish dealmaking market https://t.co/Gc2v7KSjbQ
Tina Turner's Music Rights Switch to Pophouse
Tina Turner's music rights have switched hands for the second time in five years. 2021: Turner sold catalog + NIL rights to BMG for $50M 2026: Pophouse bought majority stake from BMG Pophouse launched the ABBA Voyage show in London. Let's see what...
Predictive Analytics Flagged BVNKFinance Before Mastercard Deal
Crunchbase called it. Three months ago, we flagged @BVNKFinance as a likely acquisition target, & @Mastercard just announced plans to acquire it for up to $1.8B. That’s the power of predictions — you can spot opportunities early & move before competitors....
FTC’s Missed Block on Meta Reveals Bigger Risks
After my Supernatural report last month, I chatted with former FTC Chair Lina Khan to talk about why her agency’s failed attempt to block Meta’s acquisition mattered. Critics mocked the case at the time but hindsight is 20/20. https://tinyurl.com/5ae6xhjd
Regulators Demand More Data on Union Pacific‑Norfolk Southern Merger
US regulators are seeking additional information about Union Pacific’s proposed takeover of Norfolk Southern, an unexpected hurdle for the rail industry’s biggest-ever deal https://t.co/YELIEDfiKf
DOJ Refuses Politically‑motivated Fast‑track on Paramount‑Warner Deal
DOJ Will ‘Absolutely Not’ Fast-Track Review of Paramount-Warner Bros. Deal for Political Reasons, Antitrust Chief Says https://t.co/sQogt9Eyeq via @variety
Nexstar Refuses Station Divestitures Amid Consolidation Concerns
Nexstar has not offered to make any station divestures to try to appease states concerned about media consolidation resulting from its deal to merge with Tegna, says California AG Rob Bonta.
Network‑Driven M&A Fuels Rapid Growth for Young Operator
Just finished a conversation with a true operator. "Being boots on the ground. Getting punched in the face."- type of guy. (As he described himself...= He scaled his firm organically from zero to $20M in sales. Then sold it to a strategic,...
BA Exits Air Astana with $30M AA80 Sale
#BA. selling final holding in Air Astana #AA80 for about $30m; good thing to be out of.
California AG Leads Multi-State Lawsuit to Block $6.2B Nexstar‑Tegna
California Attorney General Rob Bonta Files Lawsuit Seeking to Block $6.2 Billion Nexstar/Tegna Broadcasting Merger. Other states part of suit include NY, VA, CO, IL, CT and OR. https://t.co/yZIDbjQZLK
Our ROI Dwarfs Zuck’s Scale Acquihire
To be fair, this is still infinitely better ROI than Zuck has seen on his acquihire of half of Scale.
Worthington Steel's $1.3B Deal Makes No.2 US Metal Center
Worthington Steel to buy Kloeckner for $1.3bn, creating the No. 2 North American metal service center. https://www.metalnomist.com/2026/03/worthington-steel-to-buy-kloeckner-for.html
Oscar Night Cheers, Yet WB Sale Threatens Auteur Vision
Mike De Luca & Pam Abdy had a great #Oscar night, but will their auteur-friendly approach survive WB's sale to Paramount? One insider says David Ellison wouldn't back anything that would 'lose $100 million out of the gate' (a reference...
Unilever, Kraft Heinz Eye Condiment Merger,
Vertical integration of fry sauce Unilever and Kraft Heinz held talks over food merger uniting ketchup and mayo - FT $KHC $UL
SilverVarden‑Contango Merger Approved, JV Details Upcoming Changes
No drama here. @SilverVarden's merger with Contango just got the green light from shareholders. What changes now? JV breaks it down: https://t.co/Pn3csAb89P
Jana Partners Demands Board Overhaul, Immediate Sale of FUN
Jana Partners is done waiting for $FUN turnaround. Activist is officially demanding a board overhaul and an immediate sale process. As a reminder, Jana was part of the group that pushed for a turnaround at the end of last year. This must...
Microsoft Asserts Amazon's OpenAI Investment Violates Exclusive Deal
Interesting, Microsoft is essentially claiming it acquired OpenAI through an exclusive deal and therefore Amazon's investment in the company is illegal. https://t.co/lffdAbvWVN
White House, Oracle, Silver Lake Dodge $10B TikTok Sale Questions
The White House, Oracle and Silver Lake won't answer questions about a $10 billion payment that was apparently required to secure the TikTok sale. It's unprecedented. And officially undisclosed. U.S. investors and biz leaders should want answers. https://t.co/Y0n8MTHFKa
RBC Flags Revolution, Xenon, Arrowhead as Top Biotech Takeover Targets
RBC: Revolution, Xenon, Arrowhead among top #biotech takeover targets https://t.co/h1toH9szrU by @realJacobBell $ARWR $XENE $RVMD $DYNE
Beazley Acquires kWh Analytics to Boost Renewable Underwriting
Beazley to acquire kWh Analytics to expand renewable underwriting #energysky -- via pv magazine global: https://t.co/wCWG390fQB
United CEO: JetBlue Deal Decision Amid 50% Travel Drop
United CEO Scott Kirby Says Buying JetBlue Is Up To Them — As Government Travel Falls 50% - View from the Wing https://t.co/SCDu2KV8hV
FT‑Targeted Biotech Stocks Deliver Short‑Term Alpha
Good read on Biopharma M&A by RBC , little mention to Betaville, Bloomberg, FT , oand ofc the standout $RVMD Our biopharma team is out with an M&A discussion piece - given the importance of M&A to the sector, it is...
Altai Capital Presses OSUR Sale, Activ
$OSUR is a cash box with a diagnostic business attached. Altai Capital is pushing for a full strategic review/sale. Activist has also nominated two directors for the upcoming AGM. Altai's SOPT in the screenshot. https://t.co/tAJzNe8cMy
Infocom's Text Adventure Legacy Ends with 1986 Activision Merger
#TechTuesday. June 22, 1979. Infocom, the software company that made text role based games famous was ended when it merged into Activision June 13, 1986. (The Deal Dragon) #Vintage #Gaming #JVGpost https://t.co/wxU4o6JWq9
Public Matches Extra Space After NSA Acquisition, Consolidation Accelerates
So the National Storage Affiliates acquisition puts Public on par with Extra Space as far as total square footage managed. Industry consolidation continues apace. https://t.co/Ce69lYGYsk https://t.co/Rqz8xdySVZ