Keurig Dr Pepper (NASDAQ: KDP) has announced a $990 million agreement to acquire a 60% stake in the disruptive energy drink brand GHOST Lifestyle LLC, with plans for a complete buyout by 2028. This acquisition is a key step for Keurig Dr Pepper, marking its expansion into the booming energy drink market, with the transaction […]
In a sensational opening on Wall Street, Ceribell’s stock surged by 36% in its trading debut, reflecting immense investor enthusiasm for the neurotech company’s AI-powered seizure detection technology. Ceribell priced its initial public offering (IPO) at $17 per share, the top of its proposed range, and quickly saw its valuation skyrocket as shares began trading […]
Immatics N.V. (NASDAQ: IMTX), a clinical-stage biopharmaceutical company focused on cancer immunotherapies, has seen its shares decline significantly after announcing a $150 million public offering. The announcement came as a surprise to investors, with the stock experiencing a sharp drop of approximately 10%, closing at $9.95 from its previous levels above $11. This downturn has […]
Blue Owl Capital Corporation has entered into a definitive merger agreement with Blue Owl Capital Corporation III. This strategic move, awaiting shareholder and regulatory approval, will position Blue Owl Capital Corporation as the surviving entity. The boards of directors for both companies have unanimously approved the merger following recommendations from their special committees. Craig W. […]
Casey’s General Stores, Inc., a leading convenience store chain in the United States, has announced a major acquisition, agreeing to purchase Fikes Wholesale, Inc. for $1.145 billion in an all-cash deal. The purchase price, which includes tax benefits valued at approximately $165 million, results in a net after-tax cost of $980 million. This strategic move […]