Berkshire Hathaway Acquires Full Stake in Pilot Travel Centers
The Haslam family, owners of Pilot Travel Centers, the top truck stop operator in the US, has sold their remaining 20% stake to Berkshire Hathaway. This agreement, allowing for the…
McGrath RentCorp to be Acquired by WillScot Mobile Mini Holdings
Shares of McGrath RentCorp reached a 52-week high on Monday as the portable-building company announced its agreement to be acquired by WillScot Mobile Mini Holdings. The deal, valued at approximately…
Nasdaq’s Q4 Earnings Report
Nasdaq, the exchange operator, recently released its fourth-quarter earnings report. While revenue saw a positive increase, earnings fell by 25% due to the inclusion of new income and operating costs…
Novo Nordisk to Acquire Catalent for $16.5 Billion
Novo Nordisk, a leading pharmaceutical company, has recently announced its agreement to acquire Catalent for a staggering $16.5 billion in cash. This news has sent Catalent stock soaring by 9%…
Tesco Sells Retailing Banking Business to Barclays
Tesco, the U.K. supermarket chain, announced on Friday that it is selling its retailing banking business to Barclays for an initial amount of £600 million. The deal will also involve…
Shoe Carnival Acquires Rogan Shoes
Shoe Carnival has recently completed the acquisition of Rogan Shoes in a cash deal worth $45 million. This strategic move is expected to have an immediate positive impact on Shoe…
Capital One’s Acquisition of Discover Financial
Capital One has agreed to acquire Discover Financial in a monumental $35 billion all-stock deal. This acquisition will bring together two of the nation's largest credit-card companies to form a…
STM Group Agrees on Takeover Offer by Jambo SRC
STM Group, a financial-services provider, has announced that it has reached an agreement on the terms of a recommended takeover offer by Jambo SRC. The deal values STM at approximately…
EngageSmart to be Acquired by Vista Equity Partners
Shares of EngageSmart, the business-software company, surged by 12% to reach $22.61 in premarket trading on Monday. The jump came after the announcement that it is set to be purchased…
Retirement-Fund Investors Acquire Forico, Australia’s Largest Private Forest-Management Company
Retirement-fund investors from Australia, the U.K., and the Netherlands have recently come together to acquire Forico, the largest private forest-management company in Australia's Tasmania state. UniSuper from Australia, the U.K.'s…
Tapestry Inc. to Acquire Capri Holdings Ltd.
Fashion company Tapestry Inc., known for its brands Coach and Kate Spade, has announced its agreement to acquire Capri Holdings Ltd., the parent company of Michael Kors, Jimmy Choo, and…
Overstock.com Reports Q2 Revenue Decline
Overstock.com, the online platform for furniture, home decor, and other household items, reported a 20% decline in revenue for the second quarter. The company's active customer base also dropped by…