Kanen Wealth Management, which owns a 4% stake in Xponential Fitness (XPOF), urged the Board to immediately initiate a formal review of strategic alternatives, including

Investcorp Credit Management BDC (ICMB) announced that its Board has commenced a review of strategic alternatives led by a Special Committee of Independent Directors. The

Irenic Capital Management, with a 2% ownership of Teleflex (TFX), sent a letter to the Board regarding its refusal to engage with potential acquirers, despite

Bloomberg reported that Pernod Ricard SA is exploring a potential acquisition of Brown-Forman (BF.A)(BF.B), the owner of Jack Daniel’s whiskey. The French beverage company has

ENDRA Life Sciences (NDRA) announced that its Board has initiated a process to evaluate a range of strategic alternatives aimed at maximizing shareholder value. As

Nanobiotix (NBTX) stated that it has no intention of pursuing a sale or change of control, and no such evaluation is underway. The clarification follows

Semafor reported that JetBlue (JBLU) has tapped advisers to assess the viability of selling itself to a rival airline, and has specifically scenario-planned how a

Golar LNG (GLNG) announced that its Board has initiated a formal process to evaluate strategic alternatives for the company. To support this process, Golar has

The Wall Street Journal reported that an activist hedge fund has a roughly 2.5% stake in Driven Brands (DRVN) and is pushing the automotive services

The Financial Times reported that Japan’s second-largest lender, Sumitomo Mitsui Financial Group (SMFG), is working on plans for a possible takeover of Jefferies (JEF). SMFG,

Verde Clean Fuels (VGAS) announced the appointment of George Burdette as Chief Executive Officer and engagement of Roth Capital Partners as financial advisor to assist

Perfect Corp. (PERF) announced that its board has received a preliminary non-binding proposal from CyberLink International Technology and Alice Chang, the CEO of Perfect, that