Kathryn Shiber settled a lawsuit with boutique bank Centerview Partners on Saturday, two days before jury selection. She said the firmunlawfullyfired her in 2020 after granting heraccommodations for an underlying mood and anxiety disorder, including her request for eight hours of uninterrupted sleep each night. Court documents suggest that analysts on active deals at Centerview routinely worked between 60 and 120 hours a week.
Johnson said this is occurring, in part, because companies are needing to spend more money on information technology compliance and security. It comes down to larger companies being able to withstand the economic burdens of doing business. Ultimately he believes members benefit from mergers once they get accustomed to the changes in exchange for the tradeoffs such as more services, more hours that bank personnel are available and better technology.
Liberty Global and Telefónica, alongside InfraVia Capital through their Nexfibre joint venture, will acquire Netomnia, currently the UK's second-largest alternative network provider. The deal will expand Nexfibre's footprint to around 8 million households by the end of next year. Combined with Virgin Media O2's existing infrastructure, the enlarged network will cover approximately 20 million premises and serve about 6.2 million customers.
Founded in 2011, Depop generated approximately $1 billion in gross merchandise sales - the total value of goods sold through its platform - in 2025. In the U.S., the company saw nearly 60% year-over-year growth. As of December 31, 2025, the marketplace had seven million active buyers, nearly 90% of whom were under 34, and more than three million active sellers.
Blue-blooded fund manager Schroders is set to be sold to American rival Nuveen in a £9.9bn deal that will end more than two centuries of independence and deliver another setback to the London Stock Exchange. Nuveen, part of the Teachers Insurance and Annuity Association of America (TIAA), has agreed to acquire Schroders for 612p per share - a 34 per cent premium to the firm's closing price of 456p. The transaction will create one of the world's largest asset managers, overseeing around $2.5tn (£1.8tn) in assets.
Netflix's $82.7 billion bid to acquire Warner Bros. Discovery (WBD) is facing significant new resistance. Investment group Ancora Holdings announced it has purchased $200 million in WBD shares and opposes Netflix's offer. Instead, Ancora is throwing its support behind a rival bid from Paramount. The WSJ had the exclusive. In a press release on Wednesday, Ancora aligned itself with Paramount's arguments: it claims the Netflix deal is inferior, involves more regulatory risk, and doesn't deliver as much immediate cash to shareholders.
You may recall LiquidStack was one of the early players in two-phase immersion cooling, and first dunked servers into tanks of dielectric liquids to cool down crypto mining operations. Microsoft was among the first to trial LiquidStack's tech all the way back in 2021. Since then, the company has expanded its portfolio to include both single-phase and dual-phase immersion tanks, plus direct-to-chip cooling technologies, including a rather beefy 10MW modular coolant distribution unit (CDU).
The Ellison-backed media giant offered a so-called ticking fee for each month the deal fails to close. Paramount Skydance is ramping up its bid for Warner Bros Discovery by offering extra cash for each quarter the deal fails to close after this year. The CBS parent company also said that it would cover the $2.8bn termination fee if Warner Bros Discovery walks away from its $82.7bn deal for its studio and streaming assets with Netflix.
The complaint alleges the company failed to disclose in its registration statement the identity of an unnamed financial adviser engaged in December 2024 and early 2025, along with any related fees. It also claims Two Harbors did not specify the services tied to $2.5 million in fees paid to Houlihan Lokey, which allegedly omitted projections and implied valuation assumptions in its fairness analysis of the deal.
Genius Sports announced the $1.2 billion acquisition of Legend on February 5, with $900 million paid out at closing and an earnout of up to $300 million. The big-figure deal is anticipated to bring in $1.1 billion in Group Revenue for Genius Sports, as well as between $320 and $330 million in Group Adjusted EBITDA with approximately 50% free cash flow.
Markets were also bruised as a planned €220bn tie-up between mining giants Glencore and Rio Tinto was shelved. The pair have had a long-running, on-off engagement that has seen them try to tie the knot before. "Many wondered whether it might be third time lucky when Rio Tinto and Glencore got back around the table to discuss a deal which would have created the world's biggest mining company - but today it emerged it was not to be,"
I certainly feel like Long & Foster is a larger version of Latter & Blum, Conway says in an exclusive interview with HousingWire. There is a lot of familiarity with it being this iconic company with a lot of history, tradition and legacy. I think I am in a unique position to honor that legacy and help them go forward.
U.S. shale producer Devon Energy will acquire Coterra Energy for nearly $26 billion in a combination that creates a domestic oil and gas juggernaut trailing only household names Exxon Mobil, Chevron, and ConocoPhillips in sheer production volumes, the companies announced Feb. 2. After a couple of years of rapid consolidation in the energy sector, dealmaking slowed down dramatically last year as oil prices fell when OPEC ramped up its output and the Trump administration implemented a series of tariffs worldwide.
Builders FirstSource, the largest American supplier of structural building products, quietly acquired the assets of Pennsylvania-based Pleasant Valley Homes, a wholesale manufacturer of modular homes. Lori Conrad, Senior Director of Corporate Communications for Builders FirstSource, confirmed to The Builder's Daily that the company acquired Pleasant Valley Homes' assets in November at an undisclosed price. Pleasant Valley Homes has sales of about 400 homes per year, according to Conrad, and operates in ten states in the Mid-Atlantic and Northeast, from Virginia to Maine.
Democratic members of the US Congress, as part of the Congressional Labor Caucus, penned a letter asking the Federal Trade Commission to "thoroughly review" the $55 billion acquisition of EA. EA confirmed the sale to the Public Investment Fund, or the sovereign wealth fund of Saudi Arabia, Silver Lake and Affinity Partners in September, but the deal is expected to close in the first quarter of 2027. Before the official change of ownership, the 46 House Democrats who signed the letter to the FTC are calling for more scrutiny into the impacts of the deal.
Speaking on the Goldman Sachs Exchanges podcast on Jan. 20, ahead of his trip to Davos, Solomon described a business landscape defined by a sharp dichotomy. On one side, the macroeconomic setup for 2026 is "pretty good for risk assets and for markets," fueled by a "confluence of very stimulative actions," including monetary easing and a massive capital investment boom in AI infrastructure. On the other, executives are grappling with anxiety about inconsistent policymaking and geopolitical "noise."
The Mumbai-headquartered agency group, which combines Marching Ants Advertising and Trigger Happy Entertainment (MA&TH), following a merger of the two operations in 2019, provides content creation services for clients such as film distributors, over-the-top (OTT) providers, producers, film production studios, broadcast companies and international brands. The Drum spoke with Hakuhodo's general manager for international business strategy Yasutoshi Hiratsuka to learn more about the group's growth plans in India and across Asia.
Nathan's Famous, which opened as a 5-cent hot dog stand in Coney Island more than a century ago, has been sold to packaged meat giant Smithfield Foods in an all-cash $450 million deal, the companies announced Wednesday. Smithfield, which has held rights to produce and sell Nathan's products in the U.S. and Canada and at Sam's Clubs in Mexico since 2014, will acquire all of Nathan's outstanding shares for $102 each.
