CarParts.com (PRTS) announced that it is engaged in a process to explore strategic alternatives to maximize shareholder value, including a possible sale of the company,

Bloomberg reported that Allegro Microsystems (ALGM) is drawing takeover interest from larger competitor On Semiconductor (ON). Phoenix-based Onsemi has been working with advisers in recent

Bo Yu Limited submitted a non-binding proposal to acquire all outstanding shares of OneConnect Financial Technology (OCFT) that it did not already own, in a

Select Equity, which holds 9.7% of Signet Jewelers (SIG), believes that the stock is undervalued and that the company could create more value for shareholders

Reuters reported that Cantaloupe (CTLP) is exploring strategic options, including a potential sale or a go-private transaction. The company is working with investment bankers at

LAVA Therapeutics (LVTX) has initiated a strategic review process aimed at maximizing shareholder value while implementing cost-cutting measures, including a workforce reduction. The company is

Chegg (CHGG) announced that it is launching a strategic review process and exploring a range of alternatives to maximize shareholder value, including being acquired, undertaking

Anterix (ATEX) announced that after receiving inbound interest in the company, it has engaged Morgan Stanley as its financial advisor to support a formal strategic

Reuters reported that Merck KGaA, the German healthcare and technology group, is in advanced talks to acquire U.S. cancer and rare diseases drugmaker Springworks Therapeutics

ASL Strategic Value Fund urged Avadel Pharmaceuticals’ (AVDL) Board to retain an investment bank to explore all possible alternatives including the outright sale of the

Reuters reported that Conduent (CNDT) is exploring a sale after receiving acquisition interest. The Florham, New Jersey-based company is working with a financial adviser on

Bloomberg reported that Paysafe (PSFE) is exploring a sale after receiving takeover interest. London-headquartered Paysafe, which is backed by Blackstone and CVC Capital Partners, is