📰 M&A

AdExchanger

The ad trade sees the DoorDash-Instacart deal creating a retail media rival to Amazon, Walmart and Uber.

Retail media · M&A

AdExchanger

Stagwell bought Freestar, which sells ad inventory for more than 1,000 publishers.

M&A

Business Insider

A memo shows which tech and product leaders survived the Paramount-WBD merger and which are out.

M&A

Business Insider

A SpaceX-Tesla merger would combine rockets, cars, robots and AI in one company that investors may struggle to value.

Robotics · M&A · Space · AI

Business Insider

Tesla and SpaceX formed special committees to explore a merger of Musk's companies, a combination worth about $3.5 trillion.

M&A · Space

Vetted Sports

Capacity Sports Group's sixth acquisition of the year highlights private equity's roll-up of U.S. youth sports.

Private equity · M&A

Semafor Business

Retention packages that partners called offensively low helped kill a merger between Perella Weinberg and Piper Sandler.

M&A

Front Office Sports

DAZN, which picked up local rights to 19 teams in six months, says it will ramp up acquisitions.

M&A

Forbes

Starbucks has explored buying Chipotle, which would be the largest restaurant buyout in history.

Private equity · M&A

Status

David Ellison toured CNN's newsroom after Skydance closed its acquisition of Warner Bros. Discovery.

Press freedom · M&A

Variety

The $111 billion Paramount-WBD merger closed, forming Skydance Corp. with plans to combine Paramount+ and HBO Max.

M&A

Adweek

Morning Brew is acquiring creator-led CPG media brand Express Checkout as creator revenue grows.

M&A

Forbes

Skydance now controls two film studios and networks including CNN, CBS and HBO, with nearly $80 billion in debt.

M&A · Film and TV

CNBC

TNT Sports chief Luis Silberwasser is leaving as CBS Sports' David Berson takes over the combined sports group when the merger closes.

M&A

Sifted

Nubank halted talks to buy Monzo after its own shares plunged on the news.

M&A

Status

MS NOW will air at least one of the administration's taxpayer-funded ads days after running more than a dozen segments scrutinizing the campaign's funding and legality.

M&A

Digiday

Executives described prioritizing direct audiences, diversified revenue and AI strategies, with 60% naming subscriber acquisition their central focus.

M&A · AI

SportBusiness

Paramount Skydance settled with a group of US states to resolve the antitrust suit blocking its takeover of Warner Bros. Discovery.

Regulation · Antitrust · M&A

The Wrap

Warren reiterated that the Paramount-Warner Bros. Discovery combination would be a dangerous merger.

Regulation · M&A

Vetted Sports

Clearlake is buying out Boehly and Walter for a combined £950 million, valuing Chelsea at £5 billion and leaving the Stamford Bridge stadium decision entirely to the firm.

Stadium financing · M&A

Status

Paramount is in advanced talks to settle the antitrust suit blocking its $111 billion Warner Bros. Discovery merger, with an independent oversight board for CNN among the concessions discussed.

Regulation · Antitrust · M&A

Mediaweek

The cuts take headcount to roughly 105,000 by December as Omnicom pursues $1.5 billion in synergies from the IPG acquisition.

M&A

Vetted Sports

A deal worth close to $700 million shows private equity treating fitness brands like sports franchises, with more than 60% of top U.S. gym chains already PE-backed.

Private equity · M&A