Mergers

On Sunday, Equinox Gold (AMEX:EQX) announced an all-stock deal to acquire Calibre Mining (OTC:CXBMF), valued at $1.8 billion, creating Canada's second-largest gold producer. "This merger represents a transformative step forward for both Equinox and Calibre, bringing together two complementary...

Oil giant Exxon Mobil Corporation (NYSE: XOM) is making headlines this week after agreeing to acquire Pioneer Natural Resources (NYSE: PXD) in one of its largest acquisitions in company history. Here’s a look at today's Pioneer deal, as well as a look back at the company’s previous...

The future of Disney may involve a possible acquisition by tech giant Apple, according to recent speculation amongst Disney insiders. What Happened: As per a Business Insider report on Wednesday, speculation has resurfaced about Apple’s potential acquisition of Disney. This comes...

The latest step in the ongoing Twitter buyout saga was completed Tuesday. Here’s the latest in the battle between social media platform Twitter Inc (NYSE: TWTR) and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk. What Happened: Twitter shareholders voted to approve a $44 billion buyout from Musk. The...

A top fast food restaurant saw shares jump on rumors of a potential takeover by a leading investor. The move would follow up a busy 2021, which saw several large transactions in the space. Here’s a look at how merger and acquisition activity could shape up in the restaurant sector....

Consolidation of the cannabis industry is inevitable as the market matures. Heading into 2022, numerous forecasts predicted another flurry of M&A activity after an energized 2021. With nearly three months of the year complete, opinions are split on M&A activity so far. M&A In 2022 Is On...

As the Surface Transportation Board considers the proposed merger between Kansas City Southern and Canadian Pacific, on the forefront of stakeholders' minds will be how the two will transition their operations to serve one network, according to two transportation attorneys speaking at FTR's virtual...

The love triangle appears to have ended: Kansas City Southern has terminated plans to merge with Canadian railway CN and has agreed to merge with rival suitor Canadian Pacific. CP and KCS confirmed Wednesday that they have entered into a merger agreement, in which CP will acquire KCS in a stock...

It's up to Kansas City Southern's shareholders now to determine whether the railway will continue its plan to merge with CN or revert to Canadian Pacific. CP President and CEO Keith Creel is standing firm on a Sept. 12 deadline for KCS shareholders to respond on whether to accept CP's $31 billion...

Kansas City Southern shareholders will wait until Sept. 3 to decide whether they will approve the merger agreement with Canadian railway CN. KCS (NYSE: KSU) had planned to hold the shareholder vote on Thursday, but it opted to postpone the meeting until after the Surface Transportation Board...

Canadian railways CN (NYSE: CNI) and Canadian Pacific (NYSE: CP) continue to make their case before regulators and the broader public about why each is the better company to acquire Kansas City Southern (NYSE: KSU). Regulators are accepting public comments on CN's proposed voting trust, which CN...

Former Surface Transportation Board (STB) Vice Chairman William Clyburn Jr. is urging the current board to approve the proposed voting trust that Canadian railway CN (NYSE: CNI) plans to form as part of the process to acquire Kansas City Southern (NYSE: KSU). CN and Kansas City Southern (KCS) say...

Rivals Canadian Pacific (NYSE: CP) and CN (NYSE: CNI) are still at work seeking to convince the Surface Transportation Board (STB), industry stakeholders and Kansas City Southern (NYSE: KSU) shareholders which Canadian railway is the best company suited to merge with Kansas City Southern (KCS). CP...

Rival Canadian suitors CN (NYSE: CNI) and Canadian Pacific (NYSE: CP) are seeking to win the hearts of the shareholders of Kansas City Southern (NYSE: KSU). CN said Saturday that it will be engaging with the board of directors of Kansas City Southern (KCS) over its acquisition proposal. Last...

The current price of Social Capital Hedosophia Holdings Corp V (NYSE: IPOE) is a good entry point, "SPACs Attack" co-host Chris Katje said Friday the Benzinga's YouTube show. Social Capital Hedosophia Holdings Corp V is set to merge with Social Finance (SoFi). What Happened...