Benzinga

APRIL 12, 2024

NYSE: BP ) shares are trading higher after United Arab Emirates’ state-owned oil company Abu Dhabi National Oil Company (ADNOC) considered buying the company. However, this deal did not progress beyond preliminary discussions, reported Reuters, citing people familiar with the matter.

Equity 52

Equity 52

Benzinga

MAY 2, 2022

Since it has been quite some time since Buffett has dabbled in the risk arbitrage space, the topic was discussed on Monday’s PreMarket Prep Show. .'s (NASDAQ: MSFT ) offer to buy the company will be approved by regulators. Mainly, the risk/reward Buffett is banking as well as the potential outcome.

Banking 52

Banking 52

Benzinga

APRIL 23, 2024

NASDAQ: HIBB ) shares are trading higher by 18% in the premarket session on Tuesday. Hibbett, Inc. Hibbett announced a definitive agreement in which JD Sports Fashion PLC (OTC: JDSPY ) will acquire Hibbett for $87.50 per share in cash, representing an aggregate enterprise value of approximately $1.1

Enterprise Value 59

Enterprise Value Marketability Equity 59

Benzinga

APRIL 23, 2024

NASDAQ: MTTR ) shares are trading lower in the premarket session on Tuesday. Matterport, Inc. The stock skyrocketed over 175% yesterday. The company inked a definitive agreement with CoStar Group, Inc (NASDAQ: CSGP ) to be acquired in a cash and stock transaction valued at $5.50 per share, representing an equity value of approximately $2.1

Enterprise Value 52

Enterprise Value Equity Marketability 52

Benzinga

MARCH 1, 2024

Everbridge, Inc. NASDAQ: EVBG ) shares are trading higher after it amended and restated the previously announced merger agreement with Thoma Bravo. As per the terms of the amended and restated deal, Thoma Bravo has increased the price at which it has agreed to acquire all outstanding shares of Everbridge to $35.00 per share in cash, or $6.40

Equity 64

Equity 64

Benzinga

AUGUST 26, 2022

Open Text Corp (NASDAQ: OTEX ) subsidiary OpenText UK Holding Limited agreed to acquire Micro Focus Intl PLC (NYSE: MFGP ) for 532 pence per share, implying an enterprise value of $6.0 The purchase offer is roughly twice Micro Focus's closing price on August 25 ($3.13) before news of the takeover came to light.

Enterprise Value 97

Enterprise Value 97

Benzinga

MARCH 11, 2024

Starrett Company (NYSE: SCX ) shares are rocketing after it penned a definitive merger deal in a go-private transaction with an affiliate of MiddleGround Capital in an all-cash transaction for $16.19 The acquisition price represents a 63% premium to the closing stock price on March 8, 2024, the last trading day before announcing the transaction.

Equity 52

Equity 52

Benzinga

APRIL 25, 2023

ZeroFox Holdings, Inc (NASDAQ: ZFOX ) shares gained premarket Tuesday after acquiring LookingGlass Cyber Solutions, Inc. The cybersecurity firm completed the acquisition of LookingGlass Cyber Solutions, Inc, a leader in external attack surface management and. Full story available on Benzinga.com

98

98

Benzinga

JULY 8, 2022

The buyer consortium led by Recco Control Technology Pte Ltd and Dazheng Group (Hong Kong) Investment Holdings Company Limited reaffirmed its non-binding indicative all-cash offer of $25 per share to acquire Hollysys Automation Technologies, Ltd (NASDAQ: HOLI ). Full story available on Benzinga.com.

Technology 98

Technology 98

Benzinga

FEBRUARY 22, 2024

Enerplus Corporation (NYSE: ERF ) shares are trading higher after it inked a definitive merger deal with Chord Energy Corporation (NASDAQ: CHRD ) in an approximately $11 billion stock and cash transaction. As per the terms, each Enerplus share will be exchanged for 0.10125 shares of Chord and $1.84

Net Debt 52

Net Debt Enterprise Value Equity 52

Benzinga

MARCH 13, 2024

NASDAQ: MINM ) shares are jumping premarket today after the company disclosed a definitive merger agreement with privately held e2Companies, LLC in an all-stock transaction for an undisclosed amount. Minim, Inc.

Equity 64

Equity 64

Benzinga

AUGUST 1, 2022

Global Payments Inc (NYSE: GPN ) reported second-quarter FY22 adjusted net revenue growth of 6% year-on-year to $2.06 billion, missing the consensus of $2.07 The adjusted operating margin expanded 200 basis points to 43.8%. Adjusted EPS of $2.36 beat the consensus of $2.35. Global Payments held $1.93 billion in cash and equivalents.

Dividends 98

Dividends 98

Benzinga

JUNE 13, 2022

Steel Partners Holdings LP (NYSE: SPLP ) agreed to acquire the remaining shares of Steel Connect, Inc (NASDAQ: STCN ) for $1.35 Full story available on Benzinga.com.

93

93

Benzinga

JANUARY 29, 2024

McGrath RentCorp (NASDAQ: MGRC ) shares are trading higher after WillScot Mobile Mini Holdings Corp (NASDAQ: WSC ) agreed to acquire the company for $3.8 The transaction, which includes about $800 million of net debt, represents a premium of 10.1% to McGrath’s closing share price on January 26, 2024.

B2B 52

B2B Net Debt Equity 52

Benzinga

OCTOBER 16, 2023

Manchester United Plc (NYSE: MANU ) shares fell nearly 10% during premarket trading on Monday as investors digested the news of the Qatari group's decision to reportedly pull away from acquiring the football giant. The acquisition process was plagued by a series of hiccups with bidders unable to meet the whopping £6 billion ($7.3

Equity 52

Equity Marketability 52

Benzinga

APRIL 16, 2024

We covered the news first here: Why Is Snap One Stock Jumping Premarket Monday? Resideo Technologies Inc ‘s (NYSE: REZI ) recent acquisition of Snap One Holdings Corp (NASDAQ: SNPO ) has sparked investor interest. On Monday, Snap One announced it will be acquired by Resideo Technologies for $1.4 billion in cash. Analyst Cory A.

Technology 52

Technology Marketability 52

Benzinga

JUNE 24, 2022

Global investment firms Permira and Hellman & Friedman LLC agreed to takeover Zendesk, Inc (NYSE: ZEN ) in an all-cash transaction that values Zendesk at $10.2 The purchase price of $77.50 per share implies a premium of 34% over Zendesk's closing. Full story available on Benzinga.com.

98

98

Benzinga

MARCH 29, 2023

On March 29, Nano Dimension Ltd (NASDAQ: NNDM ) submitted a revised offer to acquire Stratasys, Ltd (NASDAQ: SSYS ) at $19.55 per share in cash. Nano Dimension proposes to acquire the remaining shares of Stratasys for an aggregate of approximately $1.2 billion on a fully diluted basis. The new offer represents a premium.

52

52

Benzinga

JANUARY 19, 2024

Kaman Corporation (NYSE: KAMN ) shares are trading higher in the premarket session on Friday. The company inked a pact to be acquired by private equity firm Arcline Investment Management in an all-cash transaction with a total enterprise value of approximately $1.8 Kaman, founded in 1945 by aviation pioneer Charles H.

Private Equity Firm 52

Private Equity Firm Enterprise Value Equity Marketability 52

Benzinga

APRIL 12, 2023

Triton International Ltd (NYSE: TRTN ) shares are trading higher Wednesday premarket following a $13.3 billion take-private transaction. TRTN has agreed to be acquired by Brookfield Infrastructure Corporation (NYSE: BIPC ), a subsidiary of Brookfield Infrastructure Partners LP Limited (NYSE: BIP ). The total consideration of $85.00

52

52

Benzinga

MAY 25, 2023

Desktop Metal, Inc (NYSE: DM ) stock gained Thursday after it agreed to combine with Stratasys, Ltd (NASDAQ: SSYS ) under an all-stock transaction worth $1.8 billion or $1.88 per share of Desktop Metal. Desktop Metal stockholders will receive 0.123 ordinary shares of Stratasys for each share of Desktop Metal Class A common stock.

52

52

Benzinga

JANUARY 22, 2024

Shares of Comerica Incorporated (NYSE: CMA ) fell in premarket trading on Monday, after the company last week reported its fourth-quarter earnings. The company faces nearer-term earnings challenges, which put into question its ability to “generate positive operating leverage into 2025,” according to Raymond James.

Marketability 52

Marketability 52

Benzinga

APRIL 13, 2022

during the premarket session. during the premarket trading. The transaction is expected to be accretive to Halozyme's 2022 revenue and adjusted earnings and accelerate top-and bottom-line growth through 2027, with multiple growth drivers beyond 2027. ATRS shares are surging 48.1% billion (£1.5 SRRA shares are gaining 37.8%

Equity 98

Equity Technology 98

Benzinga

APRIL 11, 2023

National CineMedia, Inc (NASDAQ: NCMI ) shares gained premarket today after it disclosed AMC Entertainment Holdings, Inc (NYSE: AMC ) holding a 9.1% stake in the company. An April 10 filing disclosed AMC holding 16.5 million Full story available on Benzinga.com

52

52

Benzinga

JUNE 10, 2022

Communications software innovator Paltalk, Inc (NASDAQ: PALT ) acquired the core assets of ManyCam from Visicom Media Inc for $2.7 million cash plus a potential earn-out payment of up to $0.6 ManyCam is a live streaming software and a virtual camera that allows users to deliver professional live videos on any streaming.

52

52

Benzinga

APRIL 22, 2022

Chindata Group Holdings Ltd (NASDAQ: CD ) has received initial takeover interest from other firms in the industry, Bloomberg reports. Shanghai-based GDS Holdings Ltd (NASDAQ: GDS ) considered a bid to combine with the Chinese data center company backed by private equity firm Bain Capital.

Private Equity Firm 52

Private Equity Firm Equity 52

Benzinga

OCTOBER 19, 2022

SurveyMonkey owner Momentive Global Inc (NASDAQ: MNTV ) explored a sale after getting takeover interest, Bloomberg reported. Momentive is working with a financial adviser. Zendesk Inc (NYSE: ZEN ) agreed to buy Momentive in. Full story available on Benzinga.com.

Marketability 52

Marketability 52

Benzinga

AUGUST 26, 2022

Rumors that e-commerce behemoth Amazon.com Inc (NASDAQ: AMZN ) was going to announce an offer to purchase the "Apex Legends" and "Madden NFL" maker Electronic Arts Inc. NASDAQ: EA ) began to circulate Friday morning. The report originated from the Swedish gaming media company Good Luck Have Fun and was shared by CNBC.

97

97

Benzinga

JUNE 3, 2022

Society Pass Inc (NASDAQ: SOPA ) has acquired Singapore-based Gorilla Networks Pte Ltd, a leading next-generation Web3-enabled MVNO. The financial terms of the transaction remain undisclosed. Gorilla offers a full suite of mobile communication services like local calls, international roaming, data, and SMS texting.

52

52

Benzinga

MAY 6, 2022

Turtle Beach Corporation (NASDAQ: HEAR ) weighed a sales process as it considers ways to maximize value for shareholders. Some potential buyers broke off discussions due to Turtle Beach's dependence on console gaming headsets and cyclicality.

52

52

Benzinga

FEBRUARY 9, 2023

Wedbush analyst Michael Pachter laid out why the regulatory chatter is really just noise and explained why he expects the deal to go through on Benzinga's PreMarket Prep show.

Marketability 98

Marketability 98

Benzinga

AUGUST 15, 2022

Gaming equipment provider Inspired Entertainment, Inc (NASDAQ: INSE ) offered $370 million to acquire slot machine maker PlayAGS, Inc (NYSE: AGS ), Reuters reports. Inspired offered $10 per share in cash to acquire PlayAGS. The offer price. Full story available on Benzinga.com.

52

52

Benzinga

MARCH 27, 2023

Blackbaud, Inc (NASDAQ: BLKB ) shares gained close to 16% premarket over reports of a possible takeover offer. However, after reviewing the offer, Blackbaud's board rejected the non-binding proposal from Clearlake Capital Group, L.P., to acquire all of the company's outstanding shares for $71.00 per share in cash.

52

52

Benzinga

JULY 11, 2022

during the premarket session. The company has applied for an Rx-to-OTC switch for Opill, a progestin-only daily birth control pill (also referred to as a mini pill or non-estrogen pill). Shares are up 2.31% at $42.05 Ionis Partner Licenses Rare Kidney Disease Treatment.

98

98

Benzinga

JULY 5, 2022

at 38 cents during the premarket session. Syros expects to issue approximately 74.3 million shares. TYME stockholders are expected to receive approximately 0.4312 shares of Syros shares for each share of TYME share. TYME shares are up 42.3% Seagen's Tucatinib Combo Shows Encouraging Antitumor Activity In Pretreated Colorectal Cancer.

Technology 98

Technology Equity Finance 98

Benzinga

MAY 5, 2023

Discovery Stock Is Tumbling Premarket Today Warner Bros. Reliance Industries , owned and led by India's richest man Mukesh Ambani , this week launched its first-ever virtual reality (VR) headset called JioDive under its subsidiary Reliance Jio. Why Warner Bros. billion, missing the consensus of $10.78 billion.

Marketability 98

Marketability 98

Benzinga

APRIL 27, 2022

in the premarket session. Molecular Partners AG's (NASDAQ: MOLN ) collaborating partner Amgen Inc (NASDAQ: AMGN ) for MP0310 (AMG 506) will return the global rights of MP0310 to Molecular Partners following a strategic pipeline review. MOLN shares are down 37.9% Click here to access Benzinga's FDA Calendar. The FDA has granted.

Finance 97

Finance 97