Cisco Completes $28 Billion Acquisition of Splunk Without Being Blocked by Antitrust Regulators
Networking giant Cisco has announced the $28 billion acquisition of digital infrastructure firm Splunk.
Deals
Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord
Canadian oil and energy company Enerplus reported an 18.6% revenue loss for its Q1 2024 report compared to figures at the same period last year.
Steward Health Care Puts All 31 Hospitals up for Sale to Address $9 Billion Debt After Filing for Bankruptcy
Steward Health Care has reportedly listed all its 31 hospitals in the United States for sale to pay off its $9 billion debt...
Japan Bolsters Defense Supply Chain by Contracting JSW To Produce Armored Vehicles for Self-Defense Forces
Japan is now bolstering its defense supply chain. As part of this effort, the Japanese government contracted JSW to produce armored vehicles...
Private Equity Firms Eye Peloton Amid CEO Departure, Cost-Cutting Talks
Private equity firms are considering buying Peloton amid the CEO's departure and cost-cutting efforts. Restructuring aims to reduce expenses, and debt refinancing is in progress...
Steve Wozniak’s Space Firm Privateer Buys Orbital Insight, Raises $56.5 Million in Funding
Steve Wozniak’s space date company Privateer has acquired Orbital Insi...
EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition
The European Union (EU) has approved Japan's Nippon Steel's acquisitio...
Latest News
Legal & General Plans to Sell Housebuilder Cala For $1 Billion With Rothschild's Help
Under the leadership of its new CEO, Antonio Simoes, Legal & General is set to sell one of the biggest housebuilder companies, Cala Group. Rothschild will oversee the auction process to maximize share
X-The Don Lemon Show Deal Termination Update: Host Calls Elon Musk His Most 'Sensitive' Subject
Don Lemon slams Elon Musk once again and calls the billionaire his most sensitive subject.
ByteDance Investors Could Stand to Gain in TikTok Sale, US Lawmaker Claims
A Republican lawmaker from the United States says investors in TikTok's Chinese parent company could potentially gain from a potential sale.
Sats Sells US Military Contractor Unit Maytag Aircraft To Albion River For $61.55 Million
Sats, a Singaporean company known for its aviation services, has recently completed the sale of its military contractor division, Maytag Aircraft, for $61.55 million to optimize operations and focus o
HashiCorp Shares Surge 12% After Report of Possible Sale
HashiCorp's shares surged on Friday after it was reported that the software developer was considering a sale.
Japan’s Nippon Steel Is Determined to Acquire US Steel Despite Joe Biden's Opposition
After President Joe Biden voiced opposition to the $14.1 billion plan of Japan's Nippon Steel to acquire US Steel, the Japanese firm said it is committed to pursuing the buyout deal.
Dylan Mulvaney's 'Inclusive' Ad Pitch Snubbed By Bud Light Amid Boycott Fallout
After Bud Light faced boycotts and losses, Dylan Mulvaney attempted to reconcile the fallout with an inclusive pitch but was met with silence instead.
Fisker’s Stock Plunges Over 40% After EV Maker Reportedly Explores Bankruptcy
Fisker's stock fell over 40% in after-hours trading on Wednesday, raising investor concerns about the EV company's future.
2 Sundance Film Festival Theaters in Utah Are at Risk of Closure After Their Owner Declared Bankruptcy
The future of two prominent venues of the Sundance Film Festival in Utah hangs in the balance as their owner, Metropolitan Theaters Corporation, filed for Chapter 11 bankruptcy.
