Latest Corporate News News

๐Ÿ“…February 27, 2026 at 1:00 PM
Major corporate mergers dominate headlines: Paramount acquires Warner Discovery after Netflix exit; Brink's buys NCR Atleos for $6.6B; energy and tech M&A surges amid market shifts.
1

Paramount Skydance Wins Bidding War for Warner Bros. Discovery

Paramount Skydance emerged victorious after Netflix declined to match its $31-per-share offer for Warner Bros. Discovery, including HBO, studios, and HBO Max.Source 1Source 3 Netflix co-CEOs stated the deal was no longer financially attractive at that price.Source 1 Warner Bros. reported a $252 million Q4 loss.Source 3

2

Brink's to Acquire NCR Atleos for $6.6 Billion

Brink's announced a cash-and-stock deal valued at $6.6 billion, including $2.2 billion cash and 13.3 million shares, assuming $2.6 billion debt.Source 2Source 4 The offer implies $50.40 per share, a 24% premium over February 25 closing price.Source 2Source 4 Expected to close Q1 2027, pending approvals.Source 4

3

Devon Energy and Coterra Energy Announce $58 Billion Merger

Devon Energy and Coterra Energy agreed to a $58 billion all-stock merger of equals announced February 2, 2026, creating an oil and gas titan.Source 6Source 9 The deal highlights 2026 M&A resurgence in energy sector.Source 6 Coterra provided 2026 guidance alongside the announcement.Source 9

4

Block Lays Off 40% of Workforce Due to AI Efficiency

Block CEO Jack Dorsey announced layoffs of about 4,000 employees (40% of 10,000 workforce) to become a smaller, AI-native company.Source 3 Shares surged over 20% post-earnings and comments.Source 3 This marks a public case of AI-driven job cuts in tech.Source 3

5

Highlander Silver Completes Bear Creek Mining Acquisition

Highlander Silver (TSX:HSLV) finalized acquisition of Bear Creek Mining (TSXV:BCM) by exchanging 0.1175 Highlander shares per Bear Creek share.Source 10 The deal is described as a landmark transaction in mining sector.Source 10 Completion announced February 27, 2026.Source 10

6

LYTS Announces $325M Acquisition for Retail Solutions Growth

$325 million acquisition accelerates growth and creates a leading retail solutions platform for LYTS.Source 12 Deal positions company for enhanced market presence.Source 12 Announced February 26, 2026.Source 12

7

Phantom Space Acquires IP from Defunct Vector Launch

Phantom Space acquired intellectual property from the now-defunct Vector Launch.Source 11 Transaction supports advancements in space sector capabilities.Source 11 Dated February 26, 2026.Source 11

8

Applied Aerospace Acquires Vestigo Aerospace for Deorbit Tech

Applied Aerospace bought Vestigo Aerospace, specializing in deorbit drag sails technology.Source 11 Enhances satellite lifecycle management offerings.Source 11 Part of ongoing M&A in satellite industry.Source 11

9

SWI Stoneweg Icona Group Acquires Stake in US Data Center

Euronext-listed SWI Stoneweg Icona Group agreed to acquire significant stake in a US data center company to expand digital footprint.Source 7 Follows February 19 announcement.Source 7 Dated February 24, 2026.Source 7

10

SWI Group Invests Majority in Polarise for AI Compute

SWI Stoneweg Icona Group to acquire majority stake in Polarise, a European NVIDIA Cloud Partner, including EUR 100 million investment.Source 7 Creates integrated European AI infrastructure platform.Source 7 Announced February 24, 2026.Source 7

11

Waste Management Firms Active in Early 2026 M&A

Waste Connections closed $20 million acquisitions in first week of February 2026; Republic plans $1 billion spending with focus on recycling and landfills.Source 8 Includes deals like Hamm Sanitary and CDR North Landfills.Source 8 Builds on $3.3B spent in 2025.Source 8

12

Capital One Acquires Fintech Brex for $5.15 Billion

Capital One Financial acquired fintech disruptor Brex for $5.15 billion in January 2026.Source 6 Traditional banks absorbing tech firms to modernize infrastructure.Source 6 Positive market reaction with rising shares for both.Source 6