Mergers and Acquisitions

Keurig Dr Pepper will acquire Dutch firm JDE Peet's in an $18 billion deal and plans to split up its beverage and coffee units into two independent companies.

Low-cost carrier Spirit Airlines expresses substantial doubt about continuing operations within 12 months after debt restructuring and bankruptcy exit.

Steve Pagliuca, a minority owner of the NBA's Boston Celtics, agreed to buy the Connecticut Sun for $325 million. The most expensive deal in WNBA history awaits approval.

CBS insiders react to theParamount-Skydance merger approval that includes the elimination of diversity initiatives and the appointment of an ombudsman to monitor the news division for bias.

Union Pacific and Norfolk Southern announce a landmark $85 billion merger to create America's first transcontinental railroad, connecting over 50,000 route miles from coast to coast.

Skydance committed to removing DEI programs and establishing a bias complaint system at CBS News as it seeks FCC approval for Paramount merger.

Paramount Global settled Trump's $20 billion lawsuit against CBS News without issuing an apology as CEO George Cheeks said he wanted to avoid legal costs and business distractions.

NBA board unanimously approves sale of Minnesota Timberwolves and Lynx to Alex Rodriguez and Marc Lore, concluding a nearly four-year ownership transfer process.

Fast-food company Dave's Hot Chicken is set for global growth after Roark Capital's $1 billion acquisition, aiming for 400 locations by the end of the year.

President Donald Trump touts Nippon Steel’s partnership with U.S. Steel, calling it “a blockbuster agreement" that ensures the company “stays an American company."

Nippon Steel's $14.9B bid for U.S. Steel includes a "golden share" for U.S. control, promising 70,000 jobs and a $14B boost to the economy.

Salesforce's $8 billion acquisition of Informatica aims to strengthen its position in the enterprise data market by integrating advanced data management and AI solutions.

Genetic testing company 23andMe filed for Chapter 11 bankruptcy protection in March. Regeneron Pharmaceuticals announced it would buy "substantially all" of 23andMe's assets.

Verizon on Friday announced that it is ending corporate diversity, equity and inclusion (DEI) goals as it faces a Trump administration probe and scrutiny of a proposed acquisition.

The 9th Circuit Court of Appeals issued an opinion Wednesday affirming a denial of a preliminary injunction the FTC had sought for Microsoft's now-completed acquisition of Activision Blizzard.

Private equity firm 3G Capital reached a deal to buy Skechers and take the footwear company private. The deal is set to close in the third quarter.

DoorDash will purchase British rival Deliveroo for $3.85 billion, the companies said on Tuesday, helping DoorDash grow its market share in Europe.

Goldman Sachs CEO David Solomon told Bloomberg as policy uncertainty declines, activity in capital markets will increase in response to new expectations.

Amazon has offered to buy TikTok as the social media app faces a looming deadline for divestment from its Chinese ownership or face a U.S. ban, The New York Times reported.