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● Seth Bernstein will retire as CEO of AllianceBernstein effective March 31, 2027 and step down as Equitable's Head of Asset Management, with Onur Erzan succeeding him as President and CEO effective April 1, 2027.
●Deal Value:Titan's subsidiaries agreed to sell Italtractor ITM S.p.A. to USCO S.p.A. for roughly $285 million once cash, an earnout and dividends are counted.
●Exchange Move:Paramount Skydance's Class B stock stops trading onNasdaqaround the close October 5, 2026, and begins trading on the NYSE October 6, 2026, under the same ticker.
●Deal value:Fox Factory sold Marucci Sports for $225 million in enterprise value, comprising $200 million cash at closing plus a $25 million note maturing December 31, 2026.
●SEC Effectiveness:The SEC declared effective the Form 10 registration statement for Vylor, Corteva's seed and geneticsBusinessbeing spun off.
Meta Platforms, Inc. (NASDAQ: META) has recruited the chief executive of a listed infrastructure software company to run its new business-facing AI operation. The hire places enterprise revenue, rather than advertising, at the centre of a strategic initiative reporting directly to Mark Zuckerberg. For …
● Gen Digital shares sank to $21.62 on Friday, the worst performance of any stock in the S&P 500, even as theindexitself climbed 39.28 points to close at 7,743.41.
Keywords:Smurfit Westrock CMPC deal, SWAcquisitionChile, containerboard packaging M&A, corrugated packaging Chile, South America packaging consolidation, CMPC divestitureKey HighlightsSmurfit WestRock plc (NYSE:SW) announced on September 23, 2026 an agreement to acquire Empresas CMPC S.A.'s Chilean containerboard and corrugated packagingBusinessfor USD 420 million.The deal adds containerboard …
Darden Restaurants shares slid roughly 6 percent after the company's fiscal first quarter 2027 revenue fell short ofWall Streetexpectations, even thoughEarnings Per Shareof USD 2.05 rose year over year. The mismatch between aBottom Linebeat and aTop Linemiss suggestsMarginmanagement helped offset softer than expected sales …
DigitalBridge said on September 22, 2026 that it had cleared every regulatory approval needed to complete its acquisition by SoftBank Group, months after stockholders had already backed the deal at an April 23, 2026 vote. With both stockholder and regulatory approval now in hand, …
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