CorpDev, Author at CorpDev.Org

FTX still has $1 billion to spend on acquisitions, says CEO Sam Bankman-Fried [CXO VT]

FTX is one of the biggest spenders in this bear market, and the CEO has now revealed that the company still has $1 billion to spend on acquisitions. Sam Bankman-Fried, the CEO of crypto derivatives...

M&A Overdrive: Ranger Oil CEO Sees Eagle Ford Consolidation as Inevitable [CXO VT]

Presented by: Ranger Oil Corp.’s mission to relentlessly build its Eagle Ford position went into liftoff in June, when the company closed the first half of 2022 with nine deals and 10% more...

Figma’s Venture Backers Win Big With Adobe’s $20B M&A Deal

Adobe announced this morning that it has agreed to acquire collaborative design platform Figma for $20 billion in cash and stock, in what looks to be the largest purchase of a U.S. private,...

Meta | Corporate Development M&A Integration Manager | Menlo Park, CA

Meta's mission is to give people the power to build community and bring the world closer together. Together, we can help people build stronger communities - join us. Source: Corporate Development...

McKesson to acquire Rx Savings Solutions in $875M deal [M A News on Seeking Alpha]

Source Author: unknown

Purple may see other bidders, Coliseum will likely have to raise offer – analyst [M A News on Seeking Alpha]

SolStock/E+ via Getty Images Purple Innovation Inc. (NASDAQ:PRPL) may see other bidders after its largest holder Coliseum Capital offered to buy the mattress company, though likely Coliseum will...

Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O. [NYT > Mergers, Acquisitions and Divestitures]

The public offering values the luxury sports car maker at up to $75 billion. Source Author: Michael J. de la Merced

Swedish last-mile delivery companies Instabox and Budbee to become Instabee in $1.7B merger [Mergers and Acquisitions • TechCrunch]

Swedish last-mile delivery companies Instabox and Budbee have have announced plans to merge in an 18 billion krona ($1.7 billion) deal. The two companies, which were both founded out of the Stockholm...

Mattress Maker Purple Gets $226M Hedge Fund Buyout Bid [buyout/ takeover]

By Al Barbarino (September 19, 2022, 5:21 PM EDT) -- Purple Innovation Inc. said Monday it received a buyout bid from its largest shareholder, Connecticut-based hedge fund Coliseum Capital...

Judge Won’t Block UnitedHealth’s Purchase Of Change [Law360: Mergers & Acquisitions]

By Bryan Koenig (September 19, 2022, 6:01 PM EDT) -- A D.C. federal judge refused in a sealed opinion Monday to block UnitedHealth's $13.8 billion bid for Change Healthcare, rejecting a U.S....