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Merger & Acquisition(M&A)

Why did Armada Acquisition Corp. II (NASDAQ:XRPN) drop 31 percent before its USD 1 billion XRP deal closes?

Armada Acquisition Corp. II, a special purpose acquisition company, held an extraordinary general meeting on September 30, 2026 where shareholders approved the Business Combination Agreement dated October 19, 2025 with Evernorth Holdings, Pathfinder Digital Assets and Ripple Labs among the parties. The business combination …

Vinay Lochav | 06 October 2026

Can Flux Power (NASDAQ:FLUX) hold a 57 percent jump after rejecting a Solidion bid?

Solidion, an advanced battery company, announced on September 30, 2026 a non-binding all-cash proposal to acquire Flux Power, which makes lithium-ion energy storage and fleet intelligence technology for material handling and airport ground support equipment. Solidion said its price was below Flux's September 28 …

Vinay Lochav | 06 October 2026

Why Bentley Systems (NASDAQ:BSY) Jumped on the Russell 1000 as the PTC Buyout Lifted Engineering-Software Peers

Bentley Systems shares jumped on Monday after Schneider Electric agreed to buy engineering-software maker PTC at a hefty premium, putting a spotlight on the whole niche.

Nitish Kishor | 06 October 2026

Why RXO (NYSE:RXO) Soared on the Russell 2000 as C.H. Robinson Agreed to Buy the Truck Broker

RXO shares surged on Monday after C.H. Robinson agreed to acquire the truck broker in a cash-and-stock deal valued at about $5.8 billion including debt.

Nitish Kishor | 06 October 2026

How a Premium Buyout Offer and Big-Holder Support Sent RXO (NYSE:RXO) Flying on the Russell 2000

RXO shares surged on Monday as C.H. Robinson's $30.25-a-share offer arrived with a sizable premium, unanimous board backing and support from major shareholders.

Nitish Kishor | 06 October 2026

Why Solidion Technology (NASDAQ:STI) Was in Focus on the Nasdaq Composite: It Refused to Raise Its Flux Power Bid

Solidion Technology held its ground on Monday, Oct. 5, declaring itsTakeoverproposal for Flux Power "best and final" after Flux's board rejected it, and Solidion's own shares barely moved.

Nitish Kishor | 06 October 2026

Why Did RXO (NYSE:RXO) Fall Despite a USD 5.8 Billion Buyout?

Under the agreement signed October 4, 2026, RXO (NYSE:RXO) shareholders will receive 17.25 dollars in cash plus 0.0856 shares of C.H. Robinson common stock for every RXO share they hold, producing total implied consideration of 30.25 dollars per share based on C.H. Robinson's recent …

Vinay Lochav | 06 October 2026

Why Did Option Care Health (NASDAQ:OPCH) Surge 22 Percent?

Reports named McKesson and CD&R as discussing a possible acquisition of Option Care Health (NASDAQ:OPCH) valued around 5 billion dollars, a figure that gives investors a reference point for the scale of interest without establishing that any transaction has been agreed. The distinction matters …

Vinay Lochav | 06 October 2026

C.H. Robinson (NASDAQ:CHRW) Falls on Sale of Its Global Forwarding Unit

● The decline followed the company's agreement to sell its Global ForwardingBusinessto RXO for roughly $5.8 billion.

Nitish Kishor | 06 October 2026

Why PTC (NASDAQ:PTC) Rocketed on the S&P 500: Schneider Electric Agreed to Buy It in an All-Cash Deal

● Schneider Electric agreed to buy PTC for $205 a share in cash, valuing the deal at about $22.6 billion in equity.

Nitish Kishor | 06 October 2026
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