#mergers--acquisitions

#mergers--acquisitions

Fertitta Entertainment will pay $5.7 billion and take on close to $12 billion in debt from Caesars, putting the total value of the deal at about $17.6 billion. As part of the agreement, Caesars can seek competing bids through July 11. The deal must be approved by its shareholders. But if it goes through, the sale will create one of the largest gaming empires with 60 casino resorts, online gaming, retail sports betting at more than 200 locations through the William Hill brand, and over 600 Fertitta Entertainment outlets, such as restaurants and entertainment venues.

Fertitta Entertainment will pay $5.7 billion and take on close to $12 billion in debt from Caesars, putting the total value of the deal at about $17.6 billion.

Digital creators have fundamentally transformed the media landscape and how audiences consume content. Callen and the Sway Social team have built a creator-first agency with a proven approach to affiliate strategy and brand partnership management that delivers real, measurable results. We're thrilled to welcome them into Propagate's growing list of creator and talent management firms.

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.

Zawalsky worked on three major energy transactions last year: the bidding war for MEG Energy Inc. in which Cenovus Energy Inc. emerged victorious; Whitecap Resources Inc.'s $15-billion combination with Veren Inc., and Ovintiv Inc.'s $3.8-billion acquisition of NuVista Energy Ltd. Burnet, Duckworth and Palmer as a whole was involved in eight of the 10 biggest energy producer transactions last year.

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.