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Broadcom CEO Hock Tan Brushes Off Intel Acquisition Speculation: 'M&A, No, I'm Too Busy...'
Friday, March 7, 2025 - 1:01am | 450On Thursday, Broadcom Inc. (NASDAQ:AVGO) CEO Hock Tan dismissed speculation about a potential merger and acquisition with Intel Corp. (NASDAQ:INTC). What Happened: During Broadcom's first-quarter earnings call, analyst Vijay Rakesh asked Tan about potential M&A, referencing the Intel split...
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IPO Or Merger? Giorgio Armani Contemplates Future Amid Succession Plans: 'I Don't Feel I Can Rule Anything Out'
Friday, April 19, 2024 - 9:58am | 476As he nears his 90th birthday, Italian fashion titan, Giorgio Armani, has indicated potential shifts in the future of his fashion empire, including the possibilities of a merger or an initial public offering (IPO). In a conversation with Bloomberg, Armani did not rule out the possibility of his...
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No More Holiday Hess Truck? Mega Oil Merger Could Induce Gift-Giving Chaos
Monday, October 23, 2023 - 12:52pm | 414The famous Holiday Hess Truck could be in danger following Chevron Corporation’s (NYSE: CVX) acquisition of Hess Corp. (NYSE: HES), announced Monday. Chevron did not specify if Hess’s brand, and the truck, will live on post-merger, but Hess CEO John Hess told CNBC the...
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Amazon Set To Face Tough Competition As It Expands Into The Healthcare Industry
Saturday, July 23, 2022 - 3:36pm | 537Amazon.com Inc (NYSE: AMZN) is acquiring 1Life Healthcare Inc (NYSE: ONEM) for $3.9 billion or $18 dollars per share in an all-cash merger agreement, including debt. About One Medical: 1Life Healthcare went public in 2020 and is operating under the name One Medical, providing primary-care services...
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TerrAscend Accelerates Michigan Retail Expansion Through Acquisition of Pinnacle
Thursday, April 14, 2022 - 11:36pm | 586TerrAscend Corp. (CSE: TER)(OTCQX: TRSSF), a leading North American cannabis operator has entered into a definitive agreement to acquire KISA Enterprises MI, LLC and KISA Holdings, LLC ("A.k.a. Pinnacle"), a dispensary operator in Michigan, and related real estate, for $28.5...
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BevCanna's Stock Plunges After Announcing $21M All-Stock Acquisition Of Embark Health
Tuesday, September 21, 2021 - 8:41am | 607BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) announced Monday that it is acquiring Embark Health Inc. for $21 million in an all-stock transaction. Deal Details Under the terms of the agreement between Embark Health, an arm's length privately held corporation, 1323977 B.C. Ltd,...
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Jushi Debuts In Massachusetts Via Completion Of Nature's Remedy Acquisition
Monday, September 13, 2021 - 9:05am | 483Vertically integrated cannabis company Jushi Holdings Inc. (CSE : JUSH) (OTCQX: JUSHF) has wrapped up its previously announced acquisition of Nature’s Remedy of Massachusetts, Inc. and its affiliates, on the heels of opening its 22nd BEYOND / HELLO retail location nationwide. Jim Cacioppo,...
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Hot M&A Market Plus Delta Variant Equals Unusual Time In Logistics
Friday, August 13, 2021 - 10:38am | 388It's safe to say that stakeholders across the supply chain imagined that by the third quarter of 2021, the capacity crunch facing air, sea and ground transportation would've loosened. "We're all trying to do our best to be prognosticators, as industry veterans are even surprised by what's going...
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Trulieve Cannabis Co. Completes HSR Milestone, Moves One Step Closer To $2.1B Harvest Health Deal
Tuesday, June 22, 2021 - 12:08pm | 388Vertically integrated cannabis company Trulieve Cannabis Corp. (CSE: TRUL) (OTC: TCNNF) is one step closer to completing its merger with Harvest Health & Recreation Inc. (CSE: HARV) (OTCQX: HRVSF) in a $2.1 billion deal. The Tallahassee, Florida-based company reported Tuesday that the 30-...
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Knight-Swift Acquires 3PL UTXL In $22.5M Deal
Tuesday, June 1, 2021 - 12:34pm | 473The nation's largest truckload carrier, Knight-Swift Transportation (NYSE: KNX) announced Tuesday the acquisition of Kansas City, Missouri-based third-party logistics provider UTXL in a $22.5 million transaction. As a licensed broker for more than 20 years, UTXL specializes in full truckload,...
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CSX's Application To Acquire Pan Am Railways Denied
Thursday, May 27, 2021 - 3:58pm | 766The Surface Transportation Board (STB) wants more information about how CSX (NASDAQ: CSX) will integrate Pan Am Railways into its network should it succeed in acquiring the short line operator. STB said Wednesday that CSX's application to acquire the New England short line was incomplete. The...
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Project44 Acquires ClearMetal To Strengthen Predictive Tools
Thursday, May 27, 2021 - 1:47pm | 523Project44, a leader in real-time visibility of the global supply chain, announced on Thursday it has acquired ClearMetal, a San-Francisco based supply chain planning software company that focuses on international freight visibility, predictive planning and overall customer experience. The terms of...
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CP Signals No Counterbid, Asks KCS Board To Reject CN
Thursday, May 20, 2021 - 12:34pm | 1364Canadian Pacific (NYSE: CP) is asking the board of directors of Kansas City Southern (NYSE: KSU) to reject a competing merger offer from CN (NYSE: CNI) once and for all. The company has also indicated that it will not seek to compete with CN's revised offer. Both CN and CP are seeking to acquire...
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CN, CP Respond To Rail Regulator's Decision On CN-KCS Merger
Tuesday, May 18, 2021 - 10:53am | 1210The Surface Transportation Board's decision on Monday to hold Canadian railway CN's (NYSE: CNI) petition to acquire Kansas City Southern (NYSE: KSU) to a higher regulatory standard has emboldened both CN and rival Canadian Pacific (NYSE: CP). Both CN and CP are seeking to acquire Kansas City...
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BNSF's Parent Company Responds To KCS Merger Activity
Monday, May 3, 2021 - 11:48am | 944Count BNSF (NYSE: BRK-B) as one of those watching how efforts by Canadian Pacific (NYSE: CP) and CN (NYSE: CNI) to acquire Kansas City Southern (NYSE: KSU) play out. Executives with BNSF parent company Berkshire Hathaway noted on Saturday during the company's annual shareholder meeting that BNSF...