Tag
Mergers and Acquisitions
9 articles
Munich Re Buys At-Bay for $575M: A 57% Haircut Shows Insurtech's Reality Check
German insurer's acquisition of the cyber coverage platform at less than half its 2021 valuation reflects a brutal repricing across venture-backed insurtechs.
Metaplanet Acquires Super League Enterprise for $134.6M Bitcoin Treasury Play
Japanese firm deploys 2,100 bitcoin to establish U.S. Nasdaq-listed vehicle for corporate treasury strategy, acquiring 96 percent stake in gaming company rebranded as Superplanet.
Workday Shares Jump 19.9 Percent on Silver Lake Acquisition Talks
The HR software maker posted its best single-day gain since 2016 as private equity firm Silver Lake weighs a buyout.
GameStop's $56 Billion eBay Bid Stalls as Cohen Weighs Partnership, Board Seat
Ryan Cohen is reportedly considering withdrawing his $56 billion offer for eBay, pivoting to a joint venture or board representation instead.
GameStop Weighs Pulling eBay Bid, Proposes Collectibles Partnership Instead
GameStop is considering withdrawing its $56 billion takeover offer for eBay and proposing a strategic partnership focused on trading cards and collectibles.
Airtable Sells for $1.28B—88% Below Peak: What Went Wrong
Bending Spoons buys Airtable at a fraction of its $11 billion peak, exposing the economics of SaaS businesses built on cheap capital and growth-at-all-costs models.
Prysmian Buys Atkore for $3.8 Billion to Push Into U.S. Data Center Infrastructure
The all-cash deal at $95 per share gives the Italian cable maker a direct path into North American electrical conduit and cable management markets.
AstraZeneca Explored Acquisition of Bristol Myers Squibb in $400 Billion Deal
A combination would create one of the world's largest drugmakers and expand AstraZeneca's footprint in the United States.
PayPal Rejects $53B Takeover Bid at $60.50 a Share, Q2 Beat Backs Higher Ask
PayPal's board rejected Stripe and Advent International's $60.50-per-share offer as inadequate, gaining leverage after a strong second-quarter earnings beat.