Blackwells Challenges Trian’s Wendy’s Bid, Keeping Merger-Arb Uncertainty High
Blackwells Capital says Trian Partners’ Wendy’s offer may not adequately value $WEN, raising the prospect of negotiations or a wider activist fight.
Phillips 66 Sets Quarterly Record as Refining Strength Takes Center Stage
Phillips 66’s record quarterly result highlights the power of refining margins—and the questions ene…
GE Vernova’s $9 Billion Trench Deal Expands Its Grid Power Play
GE Vernova’s $9 billion Trench acquisition broadens its grid-equipment portfolio as AI data centers …
Wendy’s Jumps as Trian Partners Makes $1.4 Billion Takeover Offer
Nelson Peltz’s Trian Partners has made a $1.4 billion offer for Wendy’s, raising pressure on the boa…
Robinhood’s Revenue Growth Shows How Options and Event Contracts Are Replacing Crypto Momentum
Robinhood’s 12% Q3 revenue growth shows how options, prediction markets and other services are broad…
GE Vernova’s $9 Billion Trench Deal Raises the Stakes in the Grid Infrastructure Boom
GE Vernova’s $9 billion Trench acquisition and another revenue forecast increase highlight the inten…
Wendy’s Draws $1.4 Billion Trian Takeover Report: What Traders Need to Watch
A reported $1.4 billion Trian offer puts Wendy’s at the center of an event-driven debate over valuat…
Ares Capital’s $2.6 Billion MidCap Financial Deal Sends MFIC Shares Surging
Ares Capital’s $2.6 billion acquisition of MidCap Financial sent MFIC shares up 17%, spotlighting co…
UniFirst-Cintas Deal Spread Widens as FTC Report Raises Merger-Block Risk
A report that the FTC may sue to block the UniFirst-Cintas merger sent the deal spread sharply wider…
Anthropic IPO Filing Tests Investors’ Appetite for High-Growth AI Valuations
Anthropic’s S-1 puts $16.29 billion in six-month revenue against AI cash-burn concerns, testing whet…