News

MDA Space has announced a definitive agreement to acquire Blue Canyon Technologies, a small satellite manufacturer currently owned by RTX (Raytheon Technologies), for $620 million. The deal represents a divestiture by RTX of a subsidiary it had previously acquired. The transaction expands MDA Space's capabilities in the small satellite segment.

Chicago Atlantic Real Estate Finance, Inc. (REFI) and Chicago Atlantic BDC, Inc. have announced a definitive merger agreement. The combined entity is expected to create a scaled Business Development Company (BDC) with a focus on maintaining credit quality and portfolio yield. No financial terms of the deal were disclosed in the announcement.

Bed Bath & Beyond has signed a definitive agreement to acquire Fathom for $53.38 million. The deal represents a confirmed M&A transaction for the retailer. No additional terms or strategic rationale were disclosed in the report.

Fairfax Financial Holdings has completed the take-private acquisition of Kennedy-Wilson Holdings at US$10.90 per share in cash. The transaction was executed through a consortium led by Kennedy Wilson's CEO William McMorrow and senior executives, with Fairfax holding a majority economic interest while the KW Management Group retains operational control. The merger agreement has been fully consummated as of June 16, 2026.

Salesforce has agreed to acquire Fin for $3.6 billion, according to RBC, expanding the tech company's footprint in customer engagement. RBC weighed in on the strategic rationale of the deal, positioning it as a move deeper into the customer service and engagement space. The transaction size and confirmed nature of the deal make it a notable M&A event for Salesforce.

Nuvei has announced a definitive agreement to acquire Payoneer Global in an all-cash deal valued at approximately $2.75 billion. The transaction represents a significant consolidation move in the payments technology sector. No further deal terms or closing timeline were specified in the article.

Innovex has announced a definitive agreement to acquire TCO Group in a deal valued at $95 million, structured as a combination of cash and stock. No additional financial terms or closing timeline were disclosed in the headline. The transaction represents a confirmed M&A event between the two companies.

CECO Environmental has completed its acquisition of Thermon Group Holdings, as announced via GlobalNewswire. The company has scheduled an investor call for June 9th to discuss the transaction. No financial terms were disclosed in the announcement.

The Fortegra Group, Inc. has completed its acquisition by DB Insurance Co., Ltd., a major South Korean non-life insurer. The deal, originally announced on September 26, 2025, received all required regulatory and shareholder approvals. Fortegra will continue to operate independently, retaining its existing management team and distribution relationships.

DB Insurance Co., Ltd., a leading South Korean property and casualty insurer, has completed its acquisition of Fortegra Group, Inc., a specialty insurance holding company. The transaction, originally announced on September 26, 2025, received all required regulatory and shareholder approvals. Fortegra will continue to operate independently, retaining its existing management team, distribution relationships, and risk profile.

Fortegra Group has completed its acquisition by South Korean insurer DB Insurance Co., Ltd. The deal, originally announced on September 26, 2025, received all required regulatory and shareholder approvals. Fortegra will continue to operate independently, retaining its current leadership team and distribution relationships.

The Fortegra Group has completed its acquisition by DB Insurance Co., Ltd., a major South Korean property and casualty insurer. The deal, originally announced on September 26, 2025, received all required regulatory and stockholder approvals. Fortegra will continue to operate independently with its existing leadership team and business structure intact.

Stratasys has agreed to acquire MarkForged from Nano Dimension for $42.5 million. The deal represents a consolidation move in the 3D printing/additive manufacturing sector. No additional financial terms or closing timeline were disclosed in the headline.

Parker Hannifin has signed a definitive agreement to acquire CIRCOR International's Commercial and Defense Aerospace business for $2.55 billion in cash, inclusive of ~$75 million in expected tax benefits. The deal values CIRCOR Aerospace at 22.7x 2026E adjusted EBITDA, or 18.2x including anticipated cost synergies of ~10% of 2026E sales. The transaction is expected to close in H2 2026, subject to customary regulatory approvals.

Nvidia reports fiscal Q1 2027 earnings after the close on May 20, with Wall Street consensus at $1.78 EPS (+120% YoY) and ~$79.2B in revenue (+79.5% YoY); the company's own guidance is $78B ±2%. The Data Center segment is expected to generate ~$72.85B, driven by Blackwell platform shipments, while China remains a zero-revenue wildcard due to export controls. The buy-side whisper number is $80B+, and Q2 guidance above the $86.6B consensus is seen as the key hurdle for a bullish reaction, with the stock having sold off after each of its last three earnings beats.

InMed Pharmaceuticals and Mentari have announced an all-stock merger deal, combining the two companies without a cash component. The transaction structure implies existing shareholders of both companies will receive shares in the combined entity. No financial terms or deal ratios were disclosed in the available text.

President Trump stated he is holding off on a planned military strike against Iran that had been scheduled for Tuesday, according to Reuters. The announcement signals a pause in potential U.S.-Iran military escalation. No further details on the conditions or timeline for a possible future action were provided in the report.

President Trump has called off a planned military attack on Iran following requests from Saudi Arabia's Crown Prince and the UAE President, who cited ongoing serious negotiations. Crude oil pulled back from $105.21 to $102.37 on the news, though it remains above key moving averages. U.S. equity indices (S&P 500 and Nasdaq) remain negative on the day despite bouncing off session lows.

NextEra Energy (NEE) and Dominion Energy (D) have entered into a definitive all-stock merger agreement to combine their businesses, which would create the world's largest regulated electric utility. Dominion Energy shareholders will receive 0.8138 NEE shares per D share, resulting in NEE shareholders owning approximately 74.5% and D shareholders owning approximately 25.5% of the combined entity. The deal would establish North America's largest energy infrastructure platform.

Genco Shipping & Trading's board has rejected Diana Shipping's unsolicited tender offer of $23.50 per share. The rejection signals Genco's board views the offer as undervaluing the company, setting the stage for a potential standoff or revised bid. This is a confirmed corporate action involving two publicly traded dry bulk shipping companies.

Biogen has completed its acquisition of Apellis Pharmaceuticals, making Apellis a wholly owned subsidiary. The deal closes Biogen's purchase of the complement-driven disease-focused biotech. No financial terms were disclosed in this announcement.

Salem Media Group has agreed to be taken private by WaterStone in an all-cash deal valued at $1 per share. The transaction represents a go-private acquisition of the conservative-leaning media and broadcasting company. No additional financial terms or timeline for closing were disclosed in the headline.

Apollo Global Management funds have announced plans to acquire both Emerald and Questex, combining the two B2B events companies under private ownership to create a scaled North American B2B events platform. The deal would bring together two complementary event portfolios. No financial terms were disclosed in the announcement.

Devon Energy (DVN) and Coterra Energy (CTRA) have completed their all-stock merger, following stockholder approval at special meetings held on May 4, 2026. The combined company will operate under the Devon Energy name and trade on the NYSE under the ticker "DVN," with headquarters in Houston. The merger creates a large-cap shale operator with a core position in the Delaware Basin.

Brookfield has completed its acquisition of Peakstone Realty Trust, according to a GlobalNewswire announcement. The deal strengthens Brookfield's industrial real estate platform and expands its exposure to the industrial outdoor storage sector. No financial terms were disclosed in the announcement.

Royal Cup has completed its acquisition of Farmer Brothers Coffee Co., according to a BusinessWire announcement. The deal is confirmed as closed, marking the end of Farmer Brothers as an independent publicly traded company. No financial terms were disclosed in the announcement.

Farmer Brothers Coffee (FARM) has announced the successful closing of its take-private transaction with Royal Cup, completing the previously announced acquisition. As a result of the deal, Farmer Brothers will no longer be publicly traded. No financial terms were disclosed in this announcement beyond confirmation of the close.

IREN has announced a definitive agreement to acquire Mirantis for $625 million in an all-stock transaction. Mirantis is a cloud-native software and container management company. The deal represents a significant strategic pivot for IREN, expanding beyond its core Bitcoin mining and AI data center operations into enterprise software.

The US Supreme Court ruled that President Trump exceeded his authority by using the International Emergency Economic Powers Act (IEEPA) as the legal basis for sweeping import tariffs, triggering up to $166 billion in refunds to importers. US Customs and Border Protection confirmed electronic refunds will begin as early as May 12, with status tracking tools made available to claimants. The ruling effectively removes IEEPA as a flexible tariff instrument for the administration and represents one of the largest forced fiscal reversals in recent US trade history.

Long Lake has agreed to acquire American Express Global Business Travel (Amex GBT), the world's largest corporate travel platform, for $6.3 billion, with financial backing from General Catalyst and Alpha Wave. The deal represents a take-private of the publicly traded Amex GBT entity. American Express retains its brand licensing relationship but the core business changes ownership.

GameStop has reportedly launched a $56 billion takeover bid for eBay, marking a dramatic strategic pivot for the brick-and-mortar video game retailer. The deal, if confirmed, would represent one of the largest acquisitions in e-commerce history and a radical shift in GameStop's business model. No further details on financing or board approval have been disclosed in the article.

Refresco has completed its acquisition of SunOpta, a North American supply chain solutions provider, according to a press release. The deal is now confirmed as closed, marking a full exit of SunOpta from its current ownership structure. No financial terms were disclosed in the available text.

SunOpta Inc. (STKL/SOY) has completed its acquisition by an affiliate of Refresco Holding B.V. at US$6.50 per common share in cash, pursuant to a plan of arrangement under the Canada Business Corporations Act. The transaction was previously announced and has now closed. SunOpta shares are expected to be delisted from Nasdaq and the TSX following the completion.

Burke & Herbert Financial Services Corp. (BHRB) announced the completion of its merger with LINKBANCORP, Inc. (LNKB), effective May 1, 2026. LINKBANCORP has been merged into Burke & Herbert, and LINKBANK has been merged into Burke & Herbert Bank & Trust Company. The transaction is now fully closed.

Banner Financial Group has announced a definitive agreement to acquire Pacific Financial in an all-stock deal valued at approximately $177 million. The transaction represents a confirmed M&A event between two financial institutions. No additional terms, expected close date, or regulatory conditions were detailed in the article.

Vireo Growth Inc. and FLUENT Corp. have entered into a definitive arrangement agreement under which Vireo will acquire all outstanding common shares of FLUENT in an all-stock transaction. The deal involves conversion of FLUENT's proportionate voting shares and non-voting exchangeable shares into Vireo shares. Both companies are multi-state cannabis operators listed on the CSE and OTC markets.

Smart Share Global Limited (Energy Monster) has completed its going-private merger with Mobile Charging Merger Limited, a subsidiary of Mobile Charging Group Holdings Limited. The merger was executed under an agreement dated August 1, 2025. As a result, Energy Monster is now a wholly-owned subsidiary of MidCo and will be delisted from Nasdaq.

Warner Bros. Discovery shareholders have approved a mega-merger with Paramount Skydance, but WBD stock edged lower following the news. The article discusses the deal's approval and its implications for the combined media entity. Netflix is mentioned in the source tagging context, likely as a competitive reference in the broader streaming/media landscape.

Banijay Group has completed its acquisition of Tipico Group, according to a press release dated April 23, 2026. No financial terms of the deal were disclosed in the available text. Both Banijay Group and Tipico Group are privately held companies with no publicly listed tickers directly referenced in the article.

Warner Bros. shareholders have approved a $110 billion acquisition by Paramount Skydance, finalizing a major media consolidation deal. The article references a "long battle with Netflix," suggesting competitive dynamics played a role in the strategic rationale. No further deal terms or closing timeline are specified in the report.

Tesla raised its 2026 CapEx guidance to over $25 billion (from $20 billion) to fund AI infrastructure, robotaxi development, and the Optimus program, with negative free cash flow expected for the rest of the year. TSLA shares fell 0.81% in after-hours trading following the announcement. Intel shares surged ~4% after Elon Musk confirmed Tesla will use Intel's 14A advanced manufacturing process for its AI chips.

Tim Cook will step down as Apple CEO on September 1, 2026, transitioning to executive chairman; John Ternus, a 25-year Apple veteran focused on hardware, will take over as CEO. The leadership change comes as Apple faces scrutiny over its AI strategy, which has been lagging competitors. Investor sentiment is mixed, with uncertainty around whether Ternus will accelerate hardware innovation or maintain the current trajectory.

Apple announced that CEO Tim Cook will step down on September 1, 2026, transitioning to executive chairman, with John Ternus — current SVP of Hardware Engineering — named as his successor. Cook will remain in his current role through the summer to facilitate the handover. Under Cook's 14-year tenure, Apple's market cap grew from $350 billion to $4 trillion and annual revenue exceeded $416 billion.

Amazon is acquiring satellite company Globalstar for $11.6 billion to expand its satellite internet operations, while Instacart has purchased Colombian grocery technology firm Instaleap. On the distressed side, QVC filed for bankruptcy with over $5 billion in debt, and Avanos Medical is being acquired by American Industrial Partners for $1.3 billion.