Merger & Acquisition News

ATLANTA--(BUSINESS WIRE)--Portman Hospitality Fund I, LP has acquired the Westin Peachtree Plaza, a 1,073-key full-service hotel in downtown Atlanta....

DUBLIN--(BUSINESS WIRE)--Fonoa, the AI tax operating system for global businesses, today made two major announcements to deepen its leadership in global indirect tax compliance: the acquisition of Indirect Tax Edge (Edge) from PricewaterhouseCoopers (PwC) and a $110 million Series C led by Headline and included participation from new investors Eurazeo and Forestay Capital, alongside existing investors Index Ventures, OMERS, Coatue, and Dawn Capital. Fonoa will further develop Edge following the...

PONTIAC, Mich. & NEW YORK--(BUSINESS WIRE)--UWM Holdings Corporation (“UWMC” or the “Company”) (NYSE: UWMC), today issued a statement regarding the second adjournment of the special meeting of the stockholders of Two Harbors Investment Corp. (“Two Harbors” or “TWO”) (NYSE: TWO) to vote on TWO’s proposed merger with CrossCountry Mortgage, LLC ("CrossCountry" or "CCM"). The statement reads as follows: “Today’s second adjournment demonstrates unequivocally that TWO stockholders understand what the...

OMAHA, Neb. & ATLANTA--(BUSINESS WIRE)--Union Pacific Corporation (NYSE: UNP) and Norfolk Southern Corporation (NYSE: NSC) today applauded the Surface Transportation Board (STB)’s decision to accept their merger application, calling it an important step toward a reinvigorated, more competitive U.S. railroad industry. The companies acknowledged the STB’s request for additional information on their amended merger application, reiterating their commitment to work constructively with the STB. “We a...

PARIS--(BUSINESS WIRE)--Regulatory News:  Sopra Steria (Euronext Paris: SOP), a major tech player in Europe, has announced that it has entered into exclusive negotiations with a view to acquiring the Manufacturing Engineering business from Daher Industrial Services to bolster its expertise in aerospace engineering. Daher Industrial Services Manufacturing Engineering business covers two core activities in the aerospace manufacturing process: the preparatory pre-production phase, carried out at k...

ST. LOUIS, Mo.--(BUSINESS WIRE)--Focus Financial Partners Inc., a leading financial services firm comprised of integrated wealth management, family office, and business management services, announced today that Focus Partners Wealth, LLC will acquire EverNest Financial Advisors, LLC in a transaction expected to close in the third quarter of 2026, subject to customary closing conditions. EverNest is expected to add approximately $960 million, measured as of December 31, 2025, to Focus Partners W...

SAN MARCOS, Texas--(BUSINESS WIRE)--Certerra, a leading provider of materials engineering and infrastructure support services, today announced a strategic expansion of its pavement and asphalt engineering capabilities in Texas through the addition of Stacy Rowh and the HP2 Engineering team. As part of this transaction, Certerra has acquired the HP2 Engineering trade name and related intellectual property, further strengthening its position in one of the nation’s most active transportation marke...

NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN): Tamboran Resources Corporation Chief Executive Officer, Mr. Todd Abbott, said: “I would like to thank both Falcon and Tamboran shareholders for their strong support and approval of the transaction. This acquisition represents a logical consolidation between the two companies and provides the combined company with the largest acreage position in the Beetaloo Basin with approximately 2.8 million net prospective acres...

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo completes the acquisition of DustPhotonics....

BEACHWOOD, Ohio & WINCHESTER, Va.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC) (“MasterBrand”) and American Woodmark Corporation (NASDAQ: AMWD) (“American Woodmark”), today announced the successful completion of their previously announced all-stock merger transaction. The combined company establishes the most comprehensive portfolio of trusted cabinetry brands and products in North America, with expanded geographic reach, financial strength, and enhanced capabilities to better serve customer...