Mergers and Acquisitions

PacWest Bancorp confirmed it is mulling options, including a possible sale while also insisting it has not experienced "out-of-the-ordinary deposit flows following the sale of First Republic Bank and other news."

Darden Restaurants is acquiring the Ruth's Chris Steak House, adding to its portfolio of brands that include Olive Garden, LongHorn Steakhouse and Yard House.

Shares of the major U.S. banks are in the green after JPMorgan Chase announced that it would pay $10.6 billion to the FDIC to buy most of First Republic Bank's assets.

British regulators stopped a $69 billion deal between Microsoft and Activision on Wednesday, saying the acquisition would stifle cloud gaming competition.

Subway, the privately-held footlong sandwich chain that has been exploring selling, put out quarterly sales results on Monday that showed year-over-year growth globally and in North America.

Paramount Global has agreed to a $167.5 million settlement of investors’ lawsuits over the controversial 2019 merger of CBS Corp. and Viacom Inc.

Walmart has reached an agreement to sell Eloquii, a plus-sized apparel brand it has owned for over four years. FullBeauty Brands, which announced the deal, is purchasing it.

Major private equity firms including Apollo and Blackstone are struggling to fundraise as easy money dries up and REITs begin to crumble.

Investment banks have suffered the most from a downturn in M&A activity as investors shunned risky bets against the backdrop of volatile markets and rapidly rising interest rates.

Twitter CEO Elon Musk told Tucker Carlson on FOX News that 80% of Twitter staff is gone and the company has little to no product development.

Sunday's bankruptcy filing marks the second in less than five years for David's Bridal, which supplies wedding gowns to one out of every four brides in the U.S.

San Diego, California-based Prometheus Biosciences has a drug in development that treats immune diseases including ulcerative colitis and Crohn’s disease.

Round two of bids for the possible sale of foot-long sandwich chain Subway are ready to begin for a sale that could fetch $10 billion, The Wall Street Journal reported on Thursday. It follows a prior round.

Shares for Express are up on Friday after the fashion apparel brand and style community bought Walmart's menswear line Bonobos for $75 million. Walmart shares are flat.

Kroger wants a federal judge to dismiss a lawsuit acting as an obstacle to its intended merger with Albertsons, arguing that antitrust grounds do not exists.

Twitter CEO Elon Musk was interviewed by the BBC late Tuesday about his ownership of the online platform, including layoffs, misinformation, and his work style.

Carrier Global’s fire and security business, which it intends to spin off or sell, accounts for about 17% of company sales, which has slumped alongside new construction.

Mark Shafir, who most recently served as co-head of Global M&A at Citi, announced his retirement on Tuesday morning, according to a memo, which was distributed internally.

Exxon Mobil is reportedly in preliminary discussions to acquire Pioneer Natural Resources as part of the oil and natural gas producer’s Permian Basin strategy.

Exxon Mobil looks to purchase Pioneer Naturla Resources, a US fracking giant with operations in West Texas' shale fields. Exxon is hoping to deploy its windfall profits.