News

Brera Holdings has declined an all-stock acquisition proposal from Forward Industries. No financial terms of the rejected offer were disclosed in the report. The decision effectively ends, at least for now, Forward Industries' attempt to acquire Brera Holdings through a stock-based transaction.

Accenture has announced a definitive agreement to acquire Whalar, a creator marketing agency, expanding its digital marketing capabilities. Shares of Accenture fell following the announcement. Financial terms of the deal were not disclosed in the headline.

Galmed Pharmaceuticals has announced an agreement to acquire Colospan in a deal valued at $4.5 million. Shares of Galmed are trading lower following the announcement. No additional financial or strategic details were provided in the article.

Genco Shipping & Trading has released a video pushing back against Diana Shipping's acquisition attempt, characterizing the bid as undervalued. The video features commentary from Diana Shipping and Star Bulk regarding the proposed transaction and current market conditions. The move signals Genco's resistance to the deal and is part of an ongoing M&A dispute between the parties.

CORA Group has completed the acquisition of Finastra's U.S. Mid-Market banking business, which includes the Phoenix Core System, Malauzai Digital Banking, and Fusion Analytics product lines. The deal covers core and digital banking software serving U.S. mid-market financial institutions. Joe Gomez has been named President of the acquired business.

Destination XL Group (DXLG) announced its Board of Directors has reevaluated its previously announced merger of equals with FullBeauty Brands (FBB Holdings I, Inc.) and is now in "constructive discussions" to determine the best path forward. The update signals uncertainty around the deal's original terms or timeline without confirming a termination or renegotiation. No financial details or revised terms were disclosed.

Universal Music Group has declined an offer from Pershing Square, Bill Ackman's investment firm. The rejection suggests UMG's board did not find the terms of the proposal acceptable. No further details on the offer's structure or valuation have been disclosed.

Allied Gold shares fell after a report that its approximately $4 billion acquisition deal with China's Zijin Mining is facing opposition from Chinese authorities. The regulatory pushback introduces uncertainty over whether the transaction will proceed as planned. The deal had been seen as a major exit for Allied Gold shareholders.

iHeartMedia shares are falling after a report that merger or acquisition talks with Sirius XM have stalled. No further details on the breakdown of negotiations have been confirmed. The news reverses any deal-driven premium that may have been priced into iHeartMedia's stock.

UWM Holdings (UWMC) issued a statement highlighting that Two Harbors Investment Corp. (TWO) has failed for a second time to obtain stockholder approval for its proposed merger with CrossCountry Mortgage (CCM), resulting in a second adjournment of the special stockholder meeting. UWMC characterized the repeated adjournment as evidence that TWO stockholders oppose the transaction. The statement signals continued opposition from UWMC to the TWO-CCM deal.

Activist investor Ancora is pressuring H.B. Fuller to abandon its bid to acquire UK-based AMS. The intervention signals shareholder opposition to the proposed deal. No financial terms or further details of the acquisition bid were provided in the article.