Deals In the Works

Stem (STEM) announced that its Board has initiated a formal review of strategic alternatives to maximize shareholder value. The company has engaged Guggenheim Securities as

Bloomberg reported that Instacart has explored a potential sale of the grocery-delivery company, a process that has included discussions with Uber Technologies (UBER). Though Instacart

SpaceX (SPCX) and Tesla (TSLA) are exploring a deal to combine Elon Musk’s two companies in a multitrillion-dollar deal that could become the largest merger

The Financial Times reported that Starbucks (SBUX) has explored a takeover of Chipotle Mexican Grill (CMG). Starbucks has worked with advisers in recent months on

Caribou Biosciences (CRBU) announced that it is exploring strategic alternatives and plans to stop further development of its two CAR-T cell therapy programs, vispa-cel and

Solidion Technology (STI) said it intends to pursue the acquisition of Flux Power Holdings (FLUX). In an open letter to Flux shareholders, Solidion said its

The Wall Street Journal reported that investment bank Piper Sandler (PIPR) has been in talks to combine with advisory firm Perella Weinberg Partners (PWP). Piper

Bloomberg reported that H Lundbeck has expressed interest in acquiring Xeris Biopharma (XERS), a commercial-stage drugmaker. The Danish pharmaceuticals company has been working with advisers

Reuters reported that several major foreign banks have expressed their interest in a possible merger or combination with Switzerland’s UBS (UBS), according to a Swiss

The Financial Times reported that Gen Digital (GEN), the maker of Norton 360 antivirus software, has made a takeover offer for web domain provider GoDaddy

The Wall Street Journal reported that MGM Resorts (MGM) is discussing making a bid to purchase Barry Diller’s People Incorporated (PPLI). MGM could make its

Adagio Medical (ADGM) announced that its Board has initiated a formal process to explore strategic alternatives focused on maximizing shareholder value. Adagio will explore potential