acquisition

Chevron Corp. (NYSE:CVX), the second-largest oil company in the United States after Exxon Mobil Corp. (NYSE:XOM), sent shockwaves through the market with its announcement of a planned acquisition of Hess Corp. (NYSE:HES) on Monday. However, the market’s initial response has been far from...

As tokenization gains popularity in the crypto industry, clearing house DTCC marked its presence in the acquisition space with the purchase of Securrency to gain a strong foothold for providing enhanced services to investors. What Happened: The premier market infrastructure for the...

Two significant developments occurred for Ripple this week; the company withdrew from the Fortress acquisition, as the inclusion of Ripple Labs in the NBG’s exclusive list marked notable gains in price and volume for XRP (CRYPTO: XRP). What Happened (Fortress Deal)?   In...

International Business Machines Co. (NYSE: IBM) is nearing a deal for the acquisition of Apptio Inc., a cloud-based business software company, for about $5 billion, the Wall Street Journal reported.  According to the report, the deal between the companies could be completed over...

Visa Inc. (NYSE: V) is reportedly getting close to making a deal to acquire a Brazilian cloud-based platform provider for banking services and payments, Pismo. The company, which is in advanced discussions, can announce the deal this month, per Bloomberg. A final agreement has not been reached yet...

New York Community Bancorp, Inc. (NYSE: NYCB) strategic acquisitions, solid loan and deposit balances, manageable debt level, and robust liquidity are likely to keep supporting financials. Yet, increasing expenses, deteriorating asset quality and geographic concentration are headwinds. New...

Weight management meals and services provider WW International Inc. (NYSE: WW) stock made a 52-week high of $10.02 after its Q1 2023 earnings release. Shares collapsed (26%) as Artal Group S.A. sold its remaining 14.8 million share stake. Despite the stock sell-off, the Weight Watchers turnaround...

Voyager Digital is beginning to cash out U.S. dollars received from the sale of Shiba Inu (CRYPTO: SHIB), Ether (CRYPTO: ETH), and the Voyager Token (CRYPTO: VGX). The assets were sent to the bankrupt cryptocurrency lender, according to on-chain data. Last month, $610 million worth of USD...

Leading U.S. online checkout company Bolt Financial Inc has announced that it is not going ahead with the $1.5 billion deal to buy crypto infrastructure provider Wyre Payments.  In April, the firm declared that it would acquire Wyre amid growing demand for purchasing goods and...

Planet 13 Holdings Inc. (CSE:PLTH) (OTCQX:PLNHF) and Next Green Wave Holdings Inc. (CSE:NGW) (OTCQX:NXGWF) announced that the previously announced acquisition of Next Green Wave by Planet 13 was overwhelmingly approved at the special meeting of NGW shareholders, ...

Third-party logistics company PLS Logistics Services announced it has acquired freight broker D&L Transport. Overland Park, Kansas-based D&L Transport has a network of more than 15,000 motor carriers, brokering loads in modes like truckload, less-than-truckload, heavy haul and intermodal....

On Tuesday, real-time global supply chain visibility provider project44 announced its acquisition of last-mile technology company Convey in a deal valued at $255 million. With a plan to provide the supply chain community with powerful and actionable real-time data, project44 will utilize this...

Penn National Gaming, Inc. (NASDAQ: PENN) shares are trading lower Monday, possibly after the company announced a meeting for the acquisition of Score Media and Gaming Inc (NASDAQ: SCR), which will become the wholly-owned subsidiary of Penn National. The special meeting of company...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. InMed Pharmaceuticals (NASDAQ: INM), a leader in the manufacturing and clinical development of rare cannabinoids, has signed a definitive...

It looks like Wall Street was undervaluing Echo Global Logistics. In a deal announced Friday morning, the private equity firm Jordan Co., which has 3PL experience in an earlier ownership of GlobalTranz, said it was acquiring Echo for $48.25 per share. That is a roughly 54% premium over the...