M&A Industry News

A collection of M&A latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

cnbc.com - Yun Li - Trump SPAC Digital World Acquisition drops 10% after huge gains on social media merger news
Trump SPAC Digital World Acquisition drops 10% after huge gains on social media merger news
CNBC

The SPAC stock linked to Donald Trump's planned social media platform dropped in price after booking huge gains following news that it would merge with his social media company. Digital World Acquisition Corp. stock was up only slightly in price…

businessinsider.com - Matthew Fox - Pinterest stock drops, PayPal pops as rumored acquisition gets shelved
Pinterest stock drops, PayPal pops as rumored acquisition gets shelved
Business Insider

Pinterest stock fell as much as 14% on Monday after PayPal said it is not exploring an acquisition of the social media company 'at this time.' PayPal jumped 6% on the news, but still hasn't recovered all the losses associated with the rumored…

reuters.com - U.S. FTC to restrict future deals for firms that pursue 'anticompetitive mergers
U.S. FTC to restrict future deals for firms that pursue 'anticompetitive mergers
Reuters

Oct 25 (Reuters) - The U.S. Federal Trade Commission said on Monday it was restoring its practice of requiring companies that previously pursued an anticompetitive deal to get prior approval for certain future transactions, even very small ones.

ft.com - Owen Walker - Thriving markets help UBS increase wealth management profits by 43%
Thriving markets help UBS increase wealth management profits by 43%
Financial Times

UBS capitalised on the booming market conditions for its affluent customers in the third quarter, with profits at its wealth management business soaring 43 per cent, the group reported on Tuesday morning. The Swiss bank also benefited from a wave…

businessinsider.com - Peter Coutu - The 29 lawyers leading billion-dollar M&A deals for companies like JPMorgan Chase, Disney, and Microsoft
The 29 lawyers leading billion-dollar M&A deals for companies like JPMorgan Chase, Disney, and Microsoft
Business Insider

The global mergers-and-acquisitions market could hit record highs this year. The high-stakes practice area attracts some of the best attorneys in the US. Here are the 29 lawyers who are closing some of the biggest deals in the country. The global…

therayfield.com - Biden's Regulators Leave the Future of Mergers and Acquisitions Uncertain
Biden's Regulators Leave the Future of Mergers and Acquisitions Uncertain
Rayfield Review News

Regulators are turning the 40-year-old merger-review process into a guessing game. Unborn Black Lives Matter banner over Dem National Convention Unborn Black Lives Matter banner over Dem National Convention Unborn Black Lives Matter banner…

reuters.com - Sierra Jackson - Skadden, White & Case score on gaming unit FaZe Clan's SPAC combo
Skadden, White & Case score on gaming unit FaZe Clan's SPAC combo
Reuters

Skadden guides online gaming company FaZe Clan Blank check company hires repeat advisor White & Case The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we…

americanbanker.com - Allissa Kline - M&T, awaiting Fed's approval of merger, unveils reinvestment plan
M&T, awaiting Fed's approval of merger, unveils reinvestment plan
American Banker

M&T Bank pledged billions of dollars Monday to low- and moderate-income neighborhoods as part of a reinvestment plan tied to its pending acquisition of People's United Financial. The Buffalo, New York-based company said it will provide $43 billion…

zawya.com - Staff Writer - Reasons why global bond issuance could slow down next year
Reasons why global bond issuance could slow down next year
ZAWYA

Global bond issuance is expected to slow down and fall by 2 percent next year after strong activity in 2020 and 2021, according to S&P's latest analysis. The contraction can be due to perceived headwinds, such as higher rates across asset classes…

ft.com - Cat Rutter Pooley - Why UK bank M&A is still stuck in the doldrums
Why UK bank M&A is still stuck in the doldrums
Financial Times

When the Co-operative Bank last put in a bid for TSB, it had yet to discover a £1.5bn capital black hole in its own balance sheet, that its then-chair had a drug problem, and that it would need to be bailed out by its bondholders. That put…

businessinsider.com - Victor Chatenay - PensionBee achieves 75% YoY growth, only with higher acquisition costs
PensionBee achieves 75% YoY growth, only with higher acquisition costs
Business Insider

PensionBee sees 75% growth year over year. The company's cost per invested customer also rose to £250 — up from £229 this time last year. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech…

adweek.com - David Cohen - PayPal: 'Not Pursuing an Acquisition of Pinterest at This Time'
PayPal: 'Not Pursuing an Acquisition of Pinterest at This Time'
Adweek

Put PinPal, Paytrest and all of the other puns on hold, as payments giant PayPal said Sunday that it is not pursuing an acquisition of Pinterest. Ed Hammond and Liana Baker of Bloomberg were the first to report on talks between the two companies…

reuters.com - Sierra Jackson - Judge narrows Tesla shareholders' lawsuit against Musk over SolarCity deal
Judge narrows Tesla shareholders' lawsuit against Musk over SolarCity deal
Reuters

Order cites Delaware Supreme Court ruling Shareholders' lawyer: No impact on main case against Musk The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we…

gamesindustry.biz - Danielle Partis - Faze Clan goes public with $1bn valuation
Faze Clan goes public with $1bn valuation
GamesIndustry.biz

Gaming and esports outfit Faze Clan has announced a merger with special purpose acquisition company B. Riley Principal that will see the firm go public on the NASDAQ. As part of the merger, the company will receive approximately $291 million, which…

gamespot.com - Otto Kratky - FaZe Clan Is Becoming A Publicly Traded Company Following Merger
FaZe Clan Is Becoming A Publicly Traded Company Following Merger
GameSpot

FaZe Clan, the gaming-centered esports group that has grown from sponsoring professional Call of Duty teams to a full-on entertainment company, will be going public on the stock market following a merger. The merger, which will combine FaZe Clan…

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