Latest Corporate News News
The ODP Corporation Shareholders Approve Merger with Atlas Holdings LLC
Shareholders of The ODP Corporation approved a proposed merger with Atlas Holdings LLC on December 5, 2025. The merger is set to close before market open on December 10, with the stock halted afterward and suspended effective December 11, 2025.
IBM Announces $11 Billion Acquisition of Confluent to Boost AI Data Streaming
IBM has agreed to acquire Confluent, a data streaming pioneer, for $11 billion in cash. This acquisition aims to enhance IBM's enterprise AI and data platforms, with closure expected by mid-2026, subject to regulatory approvals.
Alexander & Baldwin to Go Private in $2.3 Billion Deal with Blackstone-led Investor Group
Alexander & Baldwin, a Hawaiian real estate firm, will be acquired in an all-cash transaction valued at approximately $2.3 billion. Shareholders will receive $21.20 per share, a 40% premium to the stock's closing price, with the transaction closing anticipated in Q1 2026.
The Baldwin Group to Merge with CAC Group in Over $1 Billion Insurance Deal
The Baldwin Group agreed to merge with specialty brokerage CAC Group for $1.026 billion upfront, plus earnouts. The merger aims to create one of the largest independent insurance advisory platforms in the U.S. and is expected to close in early 2026.
HCM II Acquisition Corp. Completes Reverse Merger with Terrestrial Energy
HCM II Acquisition Corp. acquired nuclear developer Terrestrial Energy in a $230 million reverse merger, taking the combined entity public under ticker IMSR, reflecting ongoing M&A activity in sustainable energy.
Xcel Energy Acquires 300 MW Solar Project to Expand Renewable Portfolio
Xcel Energy purchased the TED Renewables 300-megawatt solar photovoltaic project, marking a strategic expansion of clean energy supply in the Upper Midwest, completed on October 31, 2025.
Paramount Launches Hostile Bid to Outbid Netflix for Warner Brothers Discovery
Paramount Sky Dance initiated a hostile $188 billion NZD bid for Warner Brothers Discovery, surpassing Netflix's $125 billion offer in a major streaming industry takeover attempt.
Home BancShares Enters Tennessee Markets with Accretive Acquisition of Mountain Commerce Bancorp
Home BancShares announced a triple accretive acquisition combining with Mountain Commerce Bancorp, marking its strategic entry into key Tennessee banking markets.
Ritter Sport Acquires Chocolove to Expand U.S. Premium Chocolate Presence
Ritter Sport announced acquisition of Chocolove, aiming to strengthen its position in the U.S. premium chocolate market with certified sustainable cocoa, demonstrating strategic brand consolidation.
Mirum Pharmaceuticals to Acquire Bluejay Therapeutics, Enhancing Rare Disease Leadership
Mirum Pharmaceuticals entered a definitive agreement to acquire Bluejay Therapeutics, expanding its global footprint in rare diseases, following positive regulatory precedents and FDA designations in the sector.