Latest Corporate News News
Paramount to Acquire Warner Bros. Discovery for $110 Billion Enterprise Value
Paramount Skydance Corporation announced a definitive agreement to acquire Warner Bros. Discovery (WBD) at $31 per share in cash, valuing WBD at $81 billion equity and $110 billion enterprise value. The deal, backed by new Class B shares and investments from Ellison Family and RedBird Capital, expects $6 billion in synergies from tech integration and efficiencies, closing in Q3 2026 pending approvals.
KORE Wireless Taken Private in $726 Million Deal by Searchlight and Abry
KORE Group Holdings (NYSE: KORE) agreed to be acquired by Searchlight Capital Partners and Abry Partners for $9.25 per share in an all-cash $726 million transaction. The IoT connectivity provider will delist from NYSE upon Q2/Q3 2026 closure, pending approvals including CFIUS review.
Glass Lewis Recommends Approval of Minto Apartment REIT Going-Private Transaction
Independent proxy advisor Glass Lewis urged Minto Apartment Real Estate Investment Trust unitholders to vote for the going-private deal with Crestpoint Real Estate Investments and Minto Group. The REIT board unanimously supports the arrangement.