Merger & Acquisition News

LUXEMBOURG--(BUSINESS WIRE)--OrbitsIQ Global Acquires UNIO Enterprise...

LOS ANGELES--(BUSINESS WIRE)--Following unanimous approval from the NBA Board of Governors, Mark Walter has finalized his acquisition of a majority stake in the Los Angeles Lakers. “The Los Angeles Lakers are one of the most iconic franchises in all of sports, defined by a history of excellence and the relentless pursuit of greatness,” Walter said. “Few teams carry the legacy and global influence of the Lakers, and it’s a privilege to work alongside Jeanie Buss as we maintain that excellence an...

SNUNEYMUXW (NANAIMO), British Columbia--(BUSINESS WIRE)--Petroglyph Development Group (PDG), a wholly owned corporation of Snuneymuxw First Nation (Snuneymuxw), and Great Canadian Entertainment announced today that they have entered into definitive agreements for the purchase by PDG from Great Canadian Entertainment of two casino businesses, River Rock Casino Resort and Chances Maple Ridge. Upon closing and subject to regulatory and other approvals, PDG is expected to become one of the largest...

BOSTON--(BUSINESS WIRE)--Abry Partners (“Abry”), a Boston-based private equity firm, today announced that its portfolio company Portfolio Holding, Inc. (“Portfolio”) has reached an agreement to be acquired by Protective Life Insurance Company (“Protective Life”), the principal subsidiary of Protective Life Corporation (“Protective”), a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. The transaction is expected to close by the end of the year, subject to regulatory approvals and cus...

LANCASTER, Pa.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: PROSPECTOR BASEBALL GROUP LAUNCHES, ANNOUNCES PENDING ACQUISITION OF LANCASTER STORMERS AS INAUGURAL CLUB Prospector Baseball Group (“PBG”), a new platform building a modern, community-driven Minor League Baseball collective, today announced its launch and the pending acquisition of its first club: the Lancaster Stormers, an MLB Partner League te...

SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital Management, L.P. (“Vector Capital”), a leading technology-focused investment firm, today announced the completion of its acquisition of Showpad, a leader in AI revenue enablement technology. In connection with the close of the transaction, Apratim Purakayastha (“Apratim”) has been named Chief Executive Officer, effective immediately. “We are pleased to unite Showpad and Bigtincan under one brand to invest in the next phase of growth for the global...

PLANTATION, Fla.--(BUSINESS WIRE)--Chewy, Inc. (NYSE: CHWY) (“Chewy”), a leader in pet food, supplies and healthcare, announced today it has entered into a definitive agreement to acquire SmartPak Equine, LLC (“SmartEquine”) from Covetrus, Inc. SmartEquine, which rebranded from SmartPak in July 2025, is a leading U.S. provider of equine health products. The company is recognized for its proprietary subscription-based supplement programs, personalized nutrition plans, and broad portfolio of tack...

LIVINGSTON, N.J. & REDWOOD CITY, Calif.--(BUSINESS WIRE)--CoreWeave, Inc. (Nasdaq: CRWV), The Essential Cloud for AI™, today announced a definitive agreement to acquire Marimo Inc., the creator of the open-source marimo notebook, an AI-native, reactive development environment for Python, purpose-built for AI and data workloads. CoreWeave is powering the creation and delivery of the intelligence that drives the next wave of AI innovation. As the first cloud built from the ground up for AI, CoreW...

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation services and digital asset mining, previously announced that at a special meeting of Core Scientific stockholders, the Company did not receive the votes necessary to approve the previously announced merger agreement with CoreWeave, Inc. (“CoreWeave”). On October 30, 2025, pursuant to and in accordance with the merger agreement,...

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), announced today that it has entered into an agreement to acquire Portfolio Holding, Inc. (Portfolio) and its subsidiaries from Abry Partners. Portfolio is a leading provider of reinsurance management services and finance and insurance (F&I) products for dealers nationwide. This acquisition marks a significant milestone in Protective’s strategic growth wi...