No Succession Plan Makes Sellers Ultra‑Motivated Negotiators
A seller with no succession plan Is the most motivated counterparty in any negotiation on earth
Celebs and Fighter Spotlight Paramount Amid Warner Takeover Saga
Anderson Cooper, Stephen Colbert and Sean Strickland Draw Scrutiny to Paramount While Bid for Warner Plays Out https://t.co/ou55mmDguf via @variety
Paramount Skydance May Up Offer; Netflix Watching
This has been another noisy week in the Warner Bros. sale, and yet it still comes back to the same question. Will Paramount Skydance increase its offer? If it does, by how much? And, will Netflix match?
Netflix: Paramount‑Skydance Deal Lacks DOJ Approval, Misleads Investors
Netflix says Paramount Skydance’s prospective Warner Bros. Discovery takeover has *not* received DOJ approval. “Paramount Skydance continues to mislead stockholders and distract from the facts,” Netflix chief legal officer David Hyman said in a statement https://t.co/NiKkflro8J
Customer Concentration and Founder Dependency Hide SaaS Risks
Customer concentration + founder dependency = hidden SaaS risk. In Ep. 233 of The SaaS CFO Podcast, Luca Cartechini breaks down what acquirers really look for beyond growth and EBITDA. 🎧 Watch here: https://t.co/CvZiAzWspt #SaaS #AI https://t.co/NnzH4dkR4I
Delrahim's Gambit Could Save Ellison Billions, Seal Merger
If this gambit works then Makan Delrahim saved the Ellison family many billions of dollars and potentially closed the merger.
SaaS Sell‑Off Explained: Avenir’s Outlook for Recovery
Avenir Management dropped a sharp slide deck on the state of SaaS. Great perspective on the current sell-off, and what the industry could look like going forward. Sharing a few of the most interesting slides below 👇 https://t.co/miawmwOz9C
Warner Should Stay Independent Amid Bidding Hype
Trade press are trying to present it as either Netflix or Paramount wins the bidding contest. But Warner should obviously remain independent.
Moelis Hired to Broker Sale of Wasserman Amid Sports M&A.
🚨NEWS: Moelis has been retained to sell Wasserman, source tells Sportico. Moelis has been active in the space. Presided over, among others, Goldman buy of Excel Sports and Athlete’s First sale to General Catalyst.
Democrats Question Ellison Over Trump Ties in Warner Deal
Senate Democrats Demand Answers From David Ellison About Paramount Skydance’s Dealings With Trump in Warner Bros. Takeover Bid, Accuse CEO of ‘Pattern of Evasion’ https://t.co/jeeblW2lVw via @variety
Neobank Middle Class Repriced: Acquisitions Turn Users Into Infrastructure
Two massive neobank acquisitions just happened. Stash sold to Grab for $425M (below its $747M raised) and Step got acquired by MrBeast. The neobank middle class is getting repriced: if you can't hit escape velocity, you become infrastructure for someone else's...
Stillwell Pushes Buybacks, Director Nomination as LSBK Climbs
$LSBK has performed well over the 6 months since Stillwell filed a 13D (+22%) Stillwell (owns ~10%) is making his next move: nominating a director for the 2026 AGM and pushing for buybacks while the stock trades below TBV. He also warned...
Airbus Space Rebounds 16% Revenue, Eyes Merger
.@AirbusSpace, after annus horribilis in 2024, reports 16% increase in revenue and return to profitability in 2025. Parent @Airbus says preparations for space merger with @Thales_Alenia_S @LDO_Space continue. @defis_eu @esa @EutelsatGroup. https://t.co/hqR8FTeOcS https://t.co/R22dQJ3mJk
Sunway‑IJM Merger Threatens Malaysia’s Construction Competition
Is Malaysia about to witness a construction monopoly? A "too big to fail" monopoly. 🏗️ The proposed Sunway-IJM merger is under fire for its potential to stifle competition and inflate costs. Here is the 5-point TL;DR on why this deal needs a rethink. 🧵👇
Deutsche Börse's €5.3B Allfunds Deal Creates Integrated DMI
Deutsche Börse is acquiring Allfunds for €5.3B, marking the largest infrastructure deal of 2026. Advancing towards a vertically integrated Digital Market Infrastructure (DMI). From clearing to owning the digital ledger of the entire fund lifecycle. Deutsche Börse Group and Allfunds Group Sign...
Propane Industry Deep Dive Reveals Hidden Value
One of the best deep dives I’ve seen recently is on the “boring” propane industry, by Emeth Value Capital. Covers regulation, supply & demand, and detailed public company breakdowns. Also part of the $SPB.TO pitch. If you like learning new industries, this...
Takeovers and Venue Shifts Hollow Out UK Market
Not much News again. All these Takeovers and changes of Listing Venue have really hollowed out the UK market.
Blue Owl Stops Retail Fund Redemptions, Opts for Asset Sales
Blue Owl is permanently halting redemptions at its inaugural non traded private credit fund for retail investors as part of a plan to instead sell down assets over time. With @EricGPlatt https://t.co/GmiIAdaLVK
Pentwater Leads Merger Arbitrage with $10.6 B Book
Largest merger arbitrage books (by 13-F*) Pentwater: $10.6 billion HBK: $8.1 billion Millennium: $7.8 billion Balyasny: $5.3 billion Fidelity: $4.4 billion Citadel: $2.9 billion Qube: $2.7 billion AQR: $2.4 billion Glazer: $2.3 billion Magnetar: $2.1 billion h/t Cantor
Major M&A Moves: IHS, MCW Deals and New IPO
Today's M&A and SPAC notes $IHS to be acquired by MTN Group for $8.50 cash, 3.3% premium, $6.2 billion $MCW to be acquired by Leonard Green & Partners for $7.00 cash, 16.5% premium, $3.1 billion $POLE / StoreDot deal terminated $AACIU $225 million IPO https://t.co/ugQ3GsLFCw
Scandal Sparks Fire Sale Talk for Wasserman Agency
New pod: Time for a scandal-induced fire sale...Who's gonna buy the Wasserman agency? With @Lucas_Shaw. https://t.co/A5o9vSMmEb
Sarandos Accuses Paramount of Misinformation as WBD Negotiates Rival Deal
Ted Sarandos Slams Paramount for ‘Flooding the Zone With Misinformation’ as Warner Bros. Discovery Initiates New Talks With Rival Suitor https://t.co/rpsvBCV0vj via @variety
Warner Bros. Reopens Paramount Talks Amid Netflix Deal Deadline
And in the end, #Paramount got the momentum it wanted luring investors directly, as after active investor #AncoraCapital demanded WBD to reopen negotiations with #Paramount, $WBD announced this TUE it’ll invite $PSKY back to the negotiation table for a 7-day...
Paramount Skydance Open to Talks, No Bid Increase Confirmed
Paramount Skydance ‘Prepared to Engage’ With Warner Bros. Discovery on Takeover Talks, but Doesn’t Indicate Whether It Will Raise Price of Its Hostile Bid https://t.co/UtIQUrAntR via @variety
Netflix Labels Paramount's Bid Tactics a Warner Distraction
Netflix on Tuesday called Paramount’s “antics” in the bidding process an “ongoing distraction” for Warner shareholders. https://t.co/qxzp2o4uzj
Netflix Flags $16B Paramount Cut Plan as Regulatory Red Flag
About Paramount's plans for deep cuts at a merged WBD-Paramount, Netflix said: "A business plan that is dependent upon $16 billion in cost savings should be an unmistakable red flag for regulators, policymakers, union leaders and creatives" https://t.co/PzRuPSChaP via @variety
Paramount Signals $31 per Share, Not Final
WBD says after Paramount submitted its Feb 10 amended offer, a “senior representative for PSKY” informed a WBD board member that if WBD OK'd M&A talks, Paramount “would agree to pay $31 per share and that the offer was not...
Netflix Defends Deal, Calls Paramount's Antics a Distraction
Netflix statement re WBD talks with Paramount: "While we are confident that our transaction provides superior value and certainty, we recognize the ongoing distraction for WBD stockholders and the broader entertainment industry caused by PSKY's antics" https://t.co/PzRuPSChaP
ITRK Acquires Drone Solar Inspector, Yields Improve
#ITRK bought Aerial PV Inspection GmbH which uses Drones to inspect Solar Panels. No financial details given. ShareScope showing fwd p/e 17.7 falling to 16.2 and fwd Divvy 3.6% rising to 4%; classy business and decent yield now. I don't...
CSN Expands Into Luxembourg with €110m Acquisition, 7.5% Yield
#CSN buying Scottish Widows Europe SA in Luxembourg for total cash €110m. Adds 46,000 in-force policies and €1.7bn Assets Under Administration. Enables CSN to enter Luxembourg market. ShareScope showing fwd Dividend Yield 7.2% rising to 7.5%; still tasty.
Danaher Nears $10 B Acquisition of Masimo
Big deal scoop by @sindap and @mroliverbarnes - US healthcare manufacturer Danaher is closing in a $10bn deal to buy medical tech group Masimo. A deal could be announced as early as Tuesday provided it does not hit any last-minute...
CREI Acquires Family Office Portfolio Amid Quiet Day
Another light news day. #CREI done a useful acquisition of a Family Office portfolio. Apart from that not much going on (I don't hold CREI).
Artists Urged to Quit Wasserman Before His Payday
The idea that Casey Wasserman will make a massive payday selling his agency is disturbing. Agents and artists should leave and form something new before he profits from it. Also he shouldn’t be allowed to be involved with the Olympics
IMMX Gains Momentum as CAR‑T Landscape Heats Up
$IMMX momentum continues >Mizuho analyst initiates $14 PT >Lily acquisition of Orna Therapeutics $2.4 billion >AbbVie acquired Capstan Therapeutics $2.1 billion CAR-T heating up >Next milestone: imminent enrollment completion >Could NXC-201 be an eventual front-line therapy for AL Amyloidosis? >BLA submission projected Q3’26 https://t.co/cPpiiFHQal
Grab to Buy Majority of Stash for $425M
🇸🇬🌏Singapore's Grab agrees to acquire Stash Financial for initial $425m: Grab will acquire a 50.1% equity stake in @Stash by Q3 2026, with plans to acquire remaining shares from existing shareholders over a three-year period. @TylerPathe, @FinTech_Futures: https://t.co/KqNQdcjgR4 #WealthTech #WealthManagement #ecosystems #SoutheastAsia
Grab Buys Stash to Import US AI Wealth Regulator Moat
The Reverse Expansion: East Acquires West 🔄 Singapore's Grab is buying U.S. fintech Stash for $425M — not for the users, but for the AI Money Coach: an SEC-regulated, auditable AI wealth advisor with $5B+ AUM. Super-apps are now importing American regulatory...
Stash Sold for $425M, Far Below $747M Raised
Ouch. Stash selling for $425MM after raising $747MM As a founder who has met a liquidation preference once in a while, this is PTSD. It is a tough hurdle to raise so much and then return the capital. Am sure the team...
Orbex Bankruptcy Highlights UK Launch Policy Uncertainty
UK launcher startup @orbexspace starts bankruptcy procedure after merger/acquisition/funding talks fail. @spacegovuk launch policy looks to be a puzzle. Remaining @nyxcapsule interest uncertain. @esa @defis_eu @SaxaVord_Space. https://t.co/h0Gu8UB0cx https://t.co/RsfCNjTv3u
Teciem Spins Off as Independent Firm After Apax Acquisition
Teciem Launches as Standalone Firm After Apax Acquires Finastra’s TCM Division - Fintech Schweiz Digital Finance News - FintechNewsCH https://t.co/8Q95tmVsv6 https://t.co/w4YfeaaFtC