Chinese Biotechs Lead Licensing as M&A Surges
M&A is sizzling right along, with the Q1 numbers looking good for biotech. IPOs got started on the year with a spike in offerings and some mixed results on the Street. Dealmaking remains solid. And shall we just call it and say Chinese biotechs now hold the pole position in the licensing world? My Q1 report: https://t.co/bo7wlJQ5Ot
Jane Street Invests $1B in CRWV, Secures Nvidia Chip Access
Jane Street is taking a $1 billion equity stake in $CRWV and as part of the deal, the trading firm will get early access to some of Nvidia's most advanced chips. https://t.co/Q5wpPfkbdq https://t.co/Sy75Mmuen0
Vero Fiber Acquires TEC, Expands Across Mississippi, Alabama, Tennessee
"Vero Fiber ...today announced the completion of its acquisition of Telephone Electronics Corporation ("TEC"), expanding its presence across Mississippi, Alabama, and Tennessee." #fiberRollup https://t.co/ACap8is2Eg
Grüns' DTC Surpasses AG1, Validating Omnichannel Strategy
Grüns built a successful omnichannel distribution network on the way to its acquisition by @Unilever for a reported $1.2 billion, with more than 7,000 retail doors in addition to Amazon. But its DTC site has also grown rapidly, and is about...
Pittsburgh Post‑Gazette Survives Sale to Nonprofit Media Group
This is fine news for Pittsburgh, but before thinking salvation from high is nigh, know that there aren't enough over-endowed nonprofits to go around. The hard work of reinvention and sustainability remains. Pittsburgh Post-Gazette to continue publishing after sale to...
Paramount CEO Misses Senate Hearing Over Family Death
Paramount CEO David Ellison Can’t Attend Senate Hearing on Warner Bros. Merger Because of Death in the Family, Company Says https://t.co/QKABiKeZiH via @variety
Perplexity‑Snap $400M Deal Collapse Highlights Unrealistic Valuation
The deal where Perplexity would pay Snap $400M to add their search to Snapchat is dead. This deal never made any sense as there was no way Perplexity could afford this deal and they get very little out of it. I...
Corporate America Knows Exactly Who to Lobby
The real takeaway from the United-American Airlines megamerger story is that Corporate America knows who it needs to lobby https://t.co/zsurhy8v9w
Helium Stocks Poised for Takeover Bid Amid IPO Un
Helium equities looking for a bid for sure. If North America helium doesn’t public this cycle got to wonder.
Misaligned Incentives and Hidden Risks Slip Past Sleepy Regulators
He might have left Wall Street but get @johnarnold going on misaligned incentives, hidden risks, and sleepwalking regulators and you’d never know it. A fun and timely chat
Netflix Nets $2.8 B Breakup Fee After WBD Pullout
I did not know this till today about $NFLX Following the high-profile bidding war that concluded in February 2026, Netflix walked away with a $2.8 billion breakup fee (also called a termination fee) paid by Warner Bros. Discovery Netflix's Payout: Because...
United CEO Brings Merger Grudge Match to White House
United's chief takes fight with American to White House with merger pitch - “It’s a grudge match to some degree. Robert Isom versus Scott Kirby in the schoolyard after school — brass knuckles." https://t.co/gDjJ6ACVwQ
CinemaUnited CEO Vows to Block WB‑Paramount Merger
If the #GameOfThrones saying “never attack a guest under your roof” was a real world thing, #CinemaCon 2026 would be our #RedWedding. Even though WB tonight & Paramount on THU are set for panels at the exhibition convention, its organiser, ...
Journalist Rushfield Explains “Block the Merger” Controversy
…by carrying a bag of “block the merger” buttons. It appears other journalists dropped a dime on @richardrushfield and it’s a whole mess. I found Richard in the hallway at CinemaCon and he explained his side…. By me and @CorbinBolies
Tempur‑Sealy's Mattress Roll‑up Targets Component Supplier
Roll-ups everywhere continue, even while we sleep. Yes, I'm talking mattresses. After Tempur-Sealy’s acquisition of Mattress Firm last year, they are now trying to buy Leggett & Platt, which makes mattress components. https://t.co/C6jHeKQz02
Amazon to Operate Globalstar Satellites, Launch Own System by 2027
Amazon told PCMag: “We expect the transaction to close in 2027, and at that point we plan to operate Globalstar’s existing satellite fleet, and their upcoming low Earth orbit satellites being manufactured by MDA Space, before deploying a next-generation DTD...
M&A Surge: AVNS, GSAT Deals Lead $13B Activity
Today's M&A and SPAC notes $AVNS to be acquired by American Industrial Partners for $25.00 cash per share, 72.1% premium, $1.3 billion $GSAT to be acquired by $AMZN for $90.00 in cash + stock, 23.5% premium, $11.7 billion $SZZL announced a business combination...
BE Catalyst Gap Highlights Oracle Deal Opportunity
$BE Catalyst gap on ORCL deal. Continues the model book move. Using @Deepvue AI for the info. Check out the EPS & Rev estimates as well https://t.co/llPzM5VYTi
Activists Push Discounted $SEER Offer to Force Control
Activists lob a Kevin Tang-style bid for $SEER. $2.25/share + a CVR to recieve 80% of the net proceeds from future asset sales. Cash offer comes at a discount to likely year-end net cash after WC and leases. Spread to cash...
SEC Chair Carr Signals Approval for Amazon‑Globalstar Deal
Brendan Carr is on CNBC saying he'll approve the Amazon-Globalstar deal that was announced today.
Amazon's $13.7B Whole Foods Tops $11.6B Globalstar Deal
Amazon's M&A history-- Globalstar would be its second-biggest deal ever I think: Whole Foods — $13.7B Globalstar — ~$11.6B announced / pending MGM — $8.45B One Medical — ~$3.9B Zoox — ~$1.3B Zappos — ~$1.2B Ring — ~$1.0–1.2B Twitch — ~$970M Kiva Systems — $775M PillPack — ~$753M
Serial Home‑Service Founder Turns Pool Industry Into Scalable Brand
Here is @jeremyyamaguchi explaining his thesis on why he decided to acquire pool services businesses. So far, he has acquired 10 companies in a short 18 months. Jeremy has previously built, scaled, and exited three home services businesses: 1. Golden Shine (housekeeping)...
Lilly to Acquire CrossBridge Bio in $300 M Deal
NEW: Eli Lilly has agreed to acquire CrossBridge Bio, the Houston-based ADC specialist led by @Mykalt45 I talked with Michael Torres on his run as a first-time CEO ending with a potential $300M deal: https://t.co/PPk3ZWL5SR
United Takeover Could Realign AA’s Competition Strategy
A United Takeover Could Fix The Biggest Problem At American Airlines — It Still Tries To Compete With Spirit Instead Of Delta - View from the Wing https://t.co/tI4Ru67wkw
Zuckerberg's $1B Bet Yields $100B Return
Everyone laughed at Zuckerberg's "stupid" $1 Billion purchase. Now it makes more money than Uber and McDonald's combined. $100 BILLION in value from one decision. Here's how Mark Zuckerberg quietly made the best tech investment ever:
Close LEG Merger Arb Now: 14% Return in 11 Days
Great outcome for $LEG merger arb, 14% return in 11 days. Def. agreement reached, only 3% spread remains. Closing out now makes the most sense. Reg. risk is real, and the offer likely won't be bumped (exchange ratio was already increased)👇...
Merged United‑American Airline Could Boost US International Share
Kirby made remarks last fall that echo an argument he has made: a merged United American would address the deficit in US airline share of international travel https://t.co/wwR9kwWHLa
United CEO Pitched American Merger, Discussed with Trump
Confirming @business on United CEO Scott Kirby pitching potential tie-up with American to SAOs and adding this: Kirby raised potential merger in meeting with Trump in February, sources tell @Reuters https://t.co/wwR9kwWHLa
United CEO's Acquisition Pitch Sparks Fired Exec's Revenge Plan
United CEO Scott Kirby Pitched Buying American Airlines — The Man It Fired Wants The Ultimate Revenge Deal - View from the Wing https://t.co/8l2353pUAX
Private Equity Monopoly Inflates City Vehicle Costs, Taxes
If you love property taxes, thank a private equity exec. Private equity cornered ambulance and fire truck production and hiked prices. It turns out, I'm being told, they also did it to other specialty vehicles used by cities too. PE is...
Why Anthropic Chose Coefficient Bio Over Bigger Rivals?
Reading up on the Coefficient Bio deal. I totally get the industrial logic around why Anthropic should care about drug discovery. But why this particular company? There's lots of more scaled players doing this. Can anyone educate me? https://t.co/akFVmRUaYw
Zen Reports Renewable Sale Talks Progressing, Parties Aligned
Zen says sale talks progressing well, all parties “deeply and strategically aligned” on renewables #energysky -- via Renew Economy: https://t.co/Wl53Esvwsg https://t.co/wrIC8ACnKS
NVDA Isn’t Buying a PC Maker, Rumor Debunked
$NVDA is not buying a PC company. My read is this rumor is ‘The Information’ level nonsense. Mark it. 👊🏻
Merck's $30B Offer Now Exceeds Revolution's Market Cap
Reminder that Merck tried to buy Revolution for $28-$32B (per Jan reporting from FT), vs current market cap after today's great data of $26.5B https://t.co/hoq2P0oiG9
Villeneuve Joins Opposition to Paramount's Warner Bros. Takeover
new: Denis Villeneuve, the director of "Sicario," has signed the letter opposing Paramount's acquisition of Warner Bros. https://t.co/LENGXkC5Yy
Deal Undervalues Secure, Shareholders Lose Billions
If this deal goes through as written, it's an incredibly disappointing outcome for $SES.TO shareholders. Our base case was C$34/share using conservative assumptions. Instead, shareholders are being asked to sell a scarce, high-quality waste infrastructure asset for C$24.75/share, mostly in GFL...
A2Gold Consolidates Nevada Claims, Unlocking
No more gaps in the map—that’s how JV describes @A2GoldCorp's acquisition of 26 mining claims inside its Taylor Silver-Gold-Antimony project in NV, creating a path for more unified exploration. This #gold stock still hasn't left the station, I'm overweight https://t.co/8vjWW1jmCc
Top Hollywood Talent Opposes Warner‑Paramount Mega‑Deal
New this morning: A-listers that are in business with Warners and Paramount have signed an open letter opposing their mega-deal. --The signers include Dune 3 director Denis Villeneuve, DTF St. Louis star Jason Bateman, director JJ Abrams, who has a deal...
Hostile M&A Overpaying Signals Commodity Supercycle
Fun sign of the commodity-supercycle times: Hostile M&A with "we know we're overpaying and this is as good as you'll ever get" messaging https://t.co/5mgQy0oBYN
Merger Odds Between Charter and Comcast Rise Significantly
"We think the odds of a Charter-Comcast merger are higher today than just a month ago," says New Street's Vikash Harlalka $CMCSA $CHTR https://t.co/MMBitMjhZw
Two Major Acquisitions Announced, Two SPAC Deals Terminated
Today's M&A and SPAC notes $SES.to to be acquired by $GFL.to for $4.95 cash + 0.3356x shares, 16.8% premium, $6.4 billion $LEG to be acquired by $SGI for 0.1455x shares, 13.7% premium, $2.5 billion $ETHM / The Ether Machine deal terminated $SPAC.to / Cube...
Hollywood Stars Rally Against Paramount‑Warner Merger
Joaquin Phoenix, Ben Stiller, Kristen Stewart and 1,000-Plus Hollywood Names Oppose Paramount-Warner Deal in Open Letter: ‘Block the Merger’ https://t.co/1uGZPIVoSq
Warren Brands Amazon-MGM $40M “Melania” Deal as Bribery
Elizabeth Warren Calls Amazon MGM’s $40 Million ‘Melania’ Bid ‘Bribery in Plain Sight,’ but Studio Says It Did Nothing ‘Improper’ https://t.co/lHn0OlZupf
Snap‑Perplexity Deal Valued at 7% of 2025 Sales
Curious indicator for the Snap / Perplexity deal. Perplexity’s $400MM payment to Snap (undisclosed mix of cash / equity) would have represented ~7% of Snap’s 2025 sales. Snap noted in Q4 earnings that the integration had been delayed due to...
Roundhouse Capital Settles £251m Loans, Pays Moshiri £67m
Everton new parent company Roundhouse Capital publishes accounts. It paid Farhad Moshiri £25m up front with a further £42m due at future dates, as well as paying off £251m of existing loans. https://t.co/pS7qY8I1Wl
XPOF Spikes 30% as Activists Force Sale Exploration
$XPOF continues to run up; up 30% over the last month. Two activists with a major combined stake are pushing for a sale. And most importantly, mgmt caved in and started exploring strategic alts.
EKF Acquires Real‑Time Glucose Tracker, P/E Declines
#EKF buying "Real-time glucose and lactate tracking for sports performance monitoring" from Beep Insights AB. ShareScope has fwd p/e 15.1 falling to 13.4 but no Dividend. Worth investigating. I don't hold.
Japan’s Pre‑deal Hype Misleads; Fundamentals
I'm always interested in these pre event M&A trades in Japan where some legit media outlet publishes about M&A... and then months pass with silence and the speculators are forced to unwind... in Japan sometimes the passage of time does...
TCL Zhonghuan Takes Control of DAS Solar
TCL Zhonghuan to acquire control of DAS Solar in consolidation move #energysky -- via pv magazine global: https://t.co/6KgNzdUutV
Negotiations End with Agreement, Not Endless Final Offers
21 hours of talks. No deal. And Vance just called it his “final and best offer.” That is not how successful negotiations end.