Senior editor @SeekingAlpha covering M&A, spec sits, legal
Clear Channel Outdoor (CCO) stock rises after CFIUS clears Mubadala Capital deal.
Cintas’ $5.5B UniFirst deal clears key FTC/Canada steps, with closing expected by year-end.
Mattel (MAT) jumps on takeover buzz as Zuru weighs a bid, joining Authentic Brands interest and activist pressure.
Ashland (ASH) shares jump on potential sale bids from Clayton Dubilier & Rice, Clariant, Apollo, Carlyle and more.
BASF may raise its Evonik takeover bid toward €11B after a €10.3B offer was rejected.
McKesson and CD&R near a $5B+ Option Care Health deal. Read more here.
RBC says Acadia (ACAD) vs Zydus Nuplazid patent case looks resolved, de-risking exclusivity to ~2038 and supporting sales outlook.
International Money Express (IMXI) stock jumps on Western Union deal update and HSR filing.
UniFirst’s FTC filing for the Cintas acquisition is complete as deal spread widens on antitrust risk.
Qiagen (QGEN) shares jump on takeover talk as PE firms and a US molecular testing buyer eye a deal at a “realistic premium.” Get the latest update.
GFL Environmental stock jumps on reports of take-private bids from KKR/Blackstone and Brookfield/IFM.
Onsemi to buy Synaptics for $123/share in cash in a revised $5.7B deal.
Chipotle (CMG) takeover rumors swirl after reports of a $40-$45/share approach by a larger firm ahead of Q3 earnings Oct.
Mattel (MAT) stock jumps on takeover interest from Authentic Brands; WSJ cites talks valuing it above $20/share ($6B).
Liquidia (LQDA) stock slides as BTIG downgrades the company after a patent ruling that favored its rival United Therapeutics (UTHR). Read more here.
Chegg stock fell 9% after a judge dismissed its lawsuit vs Google over AI Overviews.
Clear Channel Outdoor (CCO) stock rises as it expects its Mubadala Capital/TWG sale to close early Q4, pending regulatory approval.
Transocean’s $5.8B all-stock Valaris deal wins DOJ antitrust approval, with Brazil’s CADE review last.
Nu Holdings (NU) denies Monzo acquisition talks, clarifying media reports on a potential £8B-£10B deal—get the latest fintech stock update now.