Mergers and Acquisitions

NortonLifeLock Inc.

DraftKings CEO Jason Robins said he has "ambitions" for his company to be like Amazon in the long-term as it pertains to expanding its products and services.

The bidding war for Kansas City Southern is heating up after Canadian Pacific Railway Ltd. raised its offer for the U.S. railroad operator.

HotelPlanner and Reservations.com are nearing a deal to merge and go public through a special-purpose acquisition company, people familiar with the matter said.

Canadian Pacific Railway Ltd. is planning to make a new, increased offer for Kansas City Southern, according to people familiar with the matter, reigniting a takeover battle with Canadian National Railway Co. for the coveted U.S. railroad.

Sports betting website DraftKings Inc. is buying the online gambling subsidiary of Golden Nugget Inc. in a stock deal valued at $1.56 billion, the two companies said Monday.

Penn CEO Jay Snowden and theScore founder and CEO John Levy both join "The Claman Countdown" to discuss their new partnership in sports gambling.

Barstool Sports founder Dave Portnoy said that he is “trying to build the most forward thinking sports gambling company” out there.

Sanderson Farms Inc. is nearing a deal to sell itself for around $4.5 billion, according to people familiar with the matter, as the poultry giant rides a wave of demand for chicken products.

Levi Strauss & Co. said on Thursday it would buy apparel maker Beyond Yoga for an undisclosed amount, as it looks to expand its presence in the lucrative leggings category that boomed during the COVID-19 pandemic.

The stock-for-stock deal is a part of MGM’s ‘asset light’ strategy to invest in areas such as sports betting and casino development in Japan.

A huge increase in the number of mergers coming before the U.S. Federal Trade Commission for antitrust reviews is limiting its ability to investigate deals in a timely fashion, the FTC said on Tuesday.

Pepsi is selling its juice portfolio to private equity to beef up its focus on healthier snacks and drinks.

U.S. equity markets finished mixed Monday as investors digested a trio of corporate deals and more earnings and looked ahead to the possibility of additional fiscal stimulus.

Citizens Financial agreed to buy Investors Bancorp, announcing its second major deal this year.

Advertising-technology company AdTheorent Inc. is nearing a combination with a special-purpose acquisition company to go public in a deal that would value the firm at about $1 billion, people familiar with the matter said.

Aon PLC and Willis Towers Watson PLC abandoned a more than $30 billion tie-up to create the world’s largest insurance broker.