All articles tagged with #takeover
PayPal (PYPL) jumped about 5.7% to around $44 after reports of unsolicited takeover interest from at least one rival, with volume surging well above its three‑month average. The move came as major indices fell, and PayPal trades far below its all‑time high, making a potential bid seem more attractive to buyers while investors caution that takeover chatter isn’t a reason to aggressively own the stock.
PayPal stock jumped after Bloomberg reported unsolicited takeover interest, with analysts saying the company may be undervalued at about seven times next year’s earnings and could attract private‑equity or strategic buyers; there’s even chatter about spinning out Venmo, and potential bidders could include large tech or financial players (e.g., for Venmo) as the fintech landscape shifts.
PayPal is drawing preliminary takeover interest from potential buyers after a slide in its shares, with Bloomberg noting some suitors are exploring the whole company while others are eyeing specific assets. A deal is not guaranteed. The company—worth over $38 billion—has seen leadership changes and warned of slower growth amid competition from Big Tech and weaker retail spending, with its stock up about 7% on the Bloomberg report.
Bloomberg News reports that PayPal's stock slide has attracted takeover interest from potential buyers, though no bidders or terms have been disclosed.
Netflix CEO Ted Sarandos defends the company’s roughly $83 billion bid for Warner Bros Discovery assets, arguing the deal would create a missing animation of the business—a movie studio and distribution arm—and spur growth in the industry, unlike Paramount’s competing offer which he says would consolidate power and cut about $6 billion from the business. He also pushes back on UK competition concerns, highlighting Netflix’s commitment to British creators with 59 UK productions, and downplays political interference such as Donald Trump’s call to remove Susan Rice as irrelevant to the deal.
Donald Trump publicly urged Netflix to remove Susan Rice from its board, calling her a political hack, as Netflix competes in a high-stakes bid to control Warner Bros Discovery amid a takeover clash with Paramount Skydance.
Rio Tinto and Glencore are in preliminary discussions about a potential merger, possibly involving an all-share deal, but no firm offer has been made yet, and the outcome remains uncertain.
Billionaire Larry Ellison has personally guaranteed over $40 billion to support his son David Ellison's hostile bid to acquire Warner Bros. Discovery, aiming to counter doubts about the funding's reliability and influence the ongoing takeover battle with Netflix.
Nelson Peltz's Trian and General Catalyst are leading a $7.4 billion takeover of Janus Henderson, a significant move in the investment sector.
Larry Ellison has personally guaranteed over $40 billion to support Paramount's bid to acquire Warner Bros Discovery, amid a fierce corporate battle, with WBD urging shareholders to reject Paramount's hostile takeover offer and selling its assets to Netflix.
Papa John's stock surged 14% on reports that it is nearing a $65 per share sale to TriArtisan Capital, with discussions progressing toward an agreement, though no deal has been finalized.
Novo Nordisk has increased its bid to acquire Metsera to up to $10 billion, surpassing Pfizer's recent offer of $8.1 billion, escalating the takeover battle for the obesity-focused biotech, which has significant implications for the weight-loss pharmaceutical market.
Warner Bros. Discovery has rejected Paramount's initial low bid of around $20 per share for a takeover, as the companies remain in disagreement over the price. Warner Bros. is planning to split into two separate businesses, which may influence future negotiations. Paramount, led by David Ellison, is exploring various options to increase its bid or find additional backing, amid ongoing industry merger discussions.
Minnesota regulators approved a $6.2 billion takeover of Minnesota Power by a BlackRock subsidiary and the Canada Pension Plan Investment Board, despite opposition from the attorney general and industrial electricity buyers, with assurances that customer rates will not increase and safeguards are in place.
The article claims that Jared Kushner played a key role in brokering a $55 billion takeover of Electronic Arts, highlighting his involvement in major financial deals.