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The Latest Breaking News from Mergers

Twitter Refuses To Let Go Board Member Egon Durban - Read Why

Twitter, Inc (NYSE:TWTR) refused to remove Silver Lake co-CEO Egon Durban from its board after failing to win the support of the necessary majority of Twitter investors. The board considered Durban a highly influential member bringing an unparalleled operational knowledge of the industry, a unique perspective, and an invaluable skill set and experience…

Benzinga

Video Game Stocks Hit Reset Button With Industry Consolidation

For investors this year, it’s been game over for video game stocks, except those involved in mergers and acquisitions.

Investors Business Daily

DigitalBridge Nears Deal For This Data-Center Operator

DigitalBridge Group, Inc (NYSE:DBRG) is nearing a deal for data-center operator Switch, Inc (NYSE:SWCH), Bloomberg reports. DigitalBridge, led by CEO Marc Ganzi, outbid Brookfield Asset Management Inc (NYSE:BAM) (TSX:BAM) for Las Vegas-based Switch. The market capitalization of Switch, led by founder, Chair, and CEO Rob Roy, is $7.4 billion. Switch reported Q1 results with an adjusted EPS of…

Benzinga

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Wall Street is betting that Microsoft-Activision deal will fail

Activision Blizzard Inc. shareholders approved the company’s $69 billion sale to Microsoft Corp on Thursday, but Wall Street is betting that Biden antitrust enforcers could unravel one of the largest mergers in U.S. history.

Tribune News Service

India's Cricket NFT Platform Raises $120M From Dream11 Parent

Indian cricket non-fungible tokens (NFTs) platform Rario raised $120 million in fresh funding led by Dream Capital, the investment and mergers and acquisitions (M&A) arm of sports technology company Dream Sports.

Benzinga

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