ICC Holdings, Inc. (NASDAQ: ICCH) shares jump on merger deal with Mutual Capital Group for $73.8M. Deal expected to close in Q4 2024, shareholders in favor.
https://www.wsj.com/business/media/edgar-bronfman-eyes-2-billion-plus-bid-for-company-that-controls-paramount-ccad92be?mod=latest_headlinesFormer media executive Edgar Bronfman Jr., backed by private-equity firm Bain
Elliott Investment Management criticizes Southwest Airlines' outdated strategies and poor execution, calling for new leadership and a reconstitution of the Board to achieve a 77% stock return within 12 months.
Vista Outdoor shares rose after its Board rejected MNC Capital's acquisition proposal, stating it undervalued the company. Additionally, Vista Outdoor received a $2 billion takeover interest for its Kinetic Group from a U.S.-based private investment firm. The Board believes this offer could lead to a superior proposal.
Cognizant Technology Solutions to acquire Belcan, LLC for $1.3B in cash and stock, expanding its ER&D capabilities and presence in aerospace/defense. Deal expected to close in Sept. 2024, with $800M annual revenue contribution and EPS accretion by 2026.
Critical Metals Corp. (NASDAQ: CRML) has signed an agreement to acquire a controlling interest in the Tanbreez Greenland Rare Earth Mine from Rimbal Pty Ltd. The Tanbreez Project, permitted by the Greenland Government, will enhance the supply of valuable heavy rare earth elements (HREEs) for electrification and next-gen technologies in Europe and North America, offering sustainable and long-term solutions.
Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that it has entered into a definitive agreement to acquire Lacework, the data-driven cloud
Diamond Offshore Drilling shares are trading higher after the company disclosed a definitive agreement to be acquired by Noble Corporation in a stock-plus-cash transaction.