auction

New On The Block Following a review of strategic alternatives initiated earlier this year, Domo, Inc. (NASDAQ:DOMO) said its board has determined that pursuing a strategic transaction is the most effective path to maximize shareholder value. • Domo stock is showing exceptional strength. What...

New On The Block Sangamo Therapeutics, Inc. (NASDAQ:SGMO), a genomic medicine company, announced that, after extensive consideration of the company's pipeline and financial resources, it has retained Raymond James as its financial advisor to assist in evaluating a full range of strategic...

New On The Block Jasper Therapeutics (NASDAQ:JSPR), a clinical-stage biotechnology company, is reviewing strategic alternatives, including a sale or merger, to maximize shareholder value. The company intends to evaluate cost-saving measures to preserve cash and maintain compliance with regulatory...

New On The Block Largo Inc. (NASDAQ:LGO) plans to evaluate strategic alternatives for its 100%-owned tungsten assets. The evaluation process is expected to include joint ventures, asset-level financing, minority investments, sale or spin-out opportunities to unlock value for Largo shareholders...

Updates From The Block NextEra Energy (NYSE:NEE) is planning to buy Dominion Energy (NYSE:D) for $66.8 billion. The all-stock transaction, which is pending regulatory approval, will be the third-largest energy company behind Exxon and Chevron. The combined enterprise value is approximately $420...

New On The Block GoPro (NASDAQ:GPRO) has retained Houlihan Lokey as financial adviser and Fenwick & West as legal counsel as it explores a potential sale and other strategic alternatives. The company previously disclosed that it had launched a review process following multiple unsolicited...

New On The Block Popular peanut butter and jelly brand J.M. Smucker (NYSE:SJM) hired Goldman Sachs to conduct a strategic review of its portfolio, sources told Axios Pro. As activist investor Elliott Investment Management ramped up pressure on Smucker, the company was reportedly weighing options...

Ryan Cohen shocked the investment world by announcing his intent for GameStop Corp (NYSE:GME) to buy eBay Inc (NASDAQ:EBAY) in a $55 billion deal. While some are questioning the funding methods of Cohen, who is CEO of the smaller company, the well-known investor is poking fun at the deal by...

New On The Block Cigna CEO Brian Evanko stated that the insurer is exploring strategic options for eviCore, which manages medical claims and reviews prior authorization requests. Cigna also plans to stop selling health insurance plans to individuals starting in 2027, as the company “aims to...

Ebay Inc (NASDAQ:EBAY) reported first-quarter financial results on Wednesday after market close. Here are the key highlights. • eBay stock is showing weakness. What’s pulling EBAY shares down? Ebay Q1 Earnings Ebay reported second-quarter revenue of $3.1 billion, +19% year-over-year....

New On The Block Rayonier Advanced Materials Inc. (NYSE:RYAM) is in the formal process of exploring strategic alternatives to maximize shareholder value. The company has hired Morgan Stanley as its financial advisor and Wachtell, Lipton, Rosen & Katz as its legal counsel in the process....

A rare Warren Buffett autograph just shattered expectations at auction — fetching a sum that gets even more staggering when you compare it to what the former Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK) CEO actually paid for the Omaha home he’s lived in for nearly seven decades. Warren Buffett...

New On The Block Polypeptide Group has announced it is conducting a review of strategic alternatives, including potential partnerships or a sale. The process, which is in coordination with majority shareholder Draupnir Holding B.V., is aimed at enhancing the company's value amid reports from...

New On The Block Playtika Holding Corp. (NASDAQ:PLTK)) is conducting a review and reevaluation of strategic alternatives across its portfolio to enhance shareholder value. The mobile gaming entertainment company tapped Morgan Stanley as financial advisor. Jorey Chernett delivered a letter to...

New On The Block Kanen Wealth Management has urged the board of Xponential Fitness to “immediately initiate and publicly announce” a formal review of strategic alternatives, including the sale of the company. After speaking with investors and the company’s “prolonged...