Canadian Pacific plans new, higher bid for Kansas City Southern
Canadian Pacific Railway Ltd. is planning to make a new, increased offer for Kansas City Southern, according to people familiar with the matter, reigniting a takeover battle with Canadian National Railway Co. for the coveted U.S. railroad.
Betting website DraftKings buys Golden Nugget Online
Sports betting website DraftKings Inc. is buying the online gambling subsidiary of Golden Nugget Inc. in a stock deal valued at $1.56 billion, the two companies said Monday.
Penn National Gaming acquires theScore in $2B deal: ‘Very powerful business model’ underway, CEO says
Penn CEO Jay Snowden and theScore founder and CEO John Levy both join "The Claman Countdown" to discuss their new partnership in sports gambling.
Penn CEO: theScore acquisition creates 'very powerful business model'
Penn National Gaming CEO Jay Snowden and theScore CEO and founder John Levy discuss the $2 billion sports-gaming acquisition.
Panera Brands CEO discusses merger, inflation pressures
Panera Brands CEO Niren Chaudhary on the merger between Panera Bread, Caribou Coffee and Einstein Bros. Bagels, inflation pressures, and the ongoing worker shortage.
Barstool’s Portnoy aims to build ‘most forward thinking sports gambling company’
Barstool Sports founder Dave Portnoy said that he is “trying to build the most forward thinking sports gambling company” out there.
Chicken producer Sanderson Farms nears sale to Continental Grain, Cargill
Sanderson Farms Inc. is nearing a deal to sell itself for around $4.5 billion, according to people familiar with the matter, as the poultry giant rides a wave of demand for chicken products.
Levi Strauss to acquire athletic wear maker Beyond Yoga
Levi Strauss & Co. said on Thursday it would buy apparel maker Beyond Yoga for an undisclosed amount, as it looks to expand its presence in the lucrative leggings category that boomed during the COVID-19 pandemic.
VICI Properties to buy MGM Resort-controlled MGM Growth in $17.2 billion deal
The stock-for-stock deal is a part of MGM’s ‘asset light’ strategy to invest in areas such as sports betting and casino development in Japan.
U.S. antitrust enforcer says merger wave means slower vetting
A huge increase in the number of mergers coming before the U.S. Federal Trade Commission for antitrust reviews is limiting its ability to investigate deals in a timely fashion, the FTC said on Tuesday.
Pepsi to sell Tropicana, Naked and other juice brands
Pepsi is selling its juice portfolio to private equity to beef up its focus on healthier snacks and drinks.
Stocks wipe out gains after Dow touches record high
U.S. equity markets finished mixed Monday as investors digested a trio of corporate deals and more earnings and looked ahead to the possibility of additional fiscal stimulus.
Citizens Financial beefs up NYC presence with $3.5B deal for Investors Bancorp
Citizens Financial agreed to buy Investors Bancorp, announcing its second major deal this year.
It's 'clear sailing' for Big Tech: Market expert
Constellation Research founder Ray Wang on the future of Big Tech and this week's earnings.
Ad-tech company AdTheorent nears $1 billion SPAC deal to go public
Advertising-technology company AdTheorent Inc. is nearing a combination with a special-purpose acquisition company to go public in a deal that would value the firm at about $1 billion, people familiar with the matter said.
Aon, Willis Tower Watson scrap roughly $30 billion merger
Aon PLC and Willis Towers Watson PLC abandoned a more than $30 billion tie-up to create the world’s largest insurance broker.
Nasdaq drives third day of stock gains
U.S. stock markets ticked higher Thursday as investors weighed an unexpected increase in first-time jobless filings against a flurry of mostly better-than-expected earnings reports.
Neiman Marcus hires JPMorgan to explore sale of Bergdorf Goodman
Strategic Resource Group managing director Burt Flickinger explains why Neiman Marcus is selling and Weston-Selfridges may want to purchase retail giant Bergdorf Goodman.
Uber buying Transplace in $2.25B logistics bet
Uber Freight's $2.25B deal comes as the country is facing rising shipping costs and transportation juggernauts.
Amazon will see 'at least a 30 percent gain’ in revenue: Expert
Constellation Research founder Ray Wang on Amazon’s ‘growth spree’ and future winners in Big Tech.