The popular social media commerce platform operator agreed to a deal with the South Korea based Naver after the company struggled with rising marketing costs and a string of losses.

POSH
Signify agreed to be acquired by CVS for $8 billion as the pharmacy chain looks to expand in home healthcare services.

SGFY WBA CVS

Cox Enterprises to Buy Axios Media

Aug 8, 2022
Scott Peters
Axios Media agreed to be acquired by Cox Enterprises as the company accelerates its expansion in local news.

PerkinElmer agreed to sell its non-core and relatively low margin businesses for $2.45 billion.

PKI
Spirit canceled its merger plans with Frontier after months of bidding war and agreed to be acquired by JetBlue. The merged company will be the fifth largest airlines in the U.S. with less than 10% markets hare.

SAVE ULCC JBLU
Amazon agreed to acquire 1Life Healthcare for $3.9 billion as the retail giants accelerates its investment in healthcare services.

ONEM AMZN
Oasis and Whiting completed the merger and began trading under a new name Chord Energy.



Amazon prime members will have free food delivery from Grubhub for one year. The company also received warrants to acquire as much as 15% stake in the food delivery company.

AMZN
ZenDesk agreed to go private with a buyout group of firms for $10.2 billion. ZenDesk had a chaotic eight months when the company was the subject of several buyout offers and shareholders rejected its merger with the parent of Survey Monkey.

ZEN
Mondelez agreed to acquire privately owned Clif Bar & Company for $2.9 billion.

MDLZ
India-based conglomerate Reliance Industries and Apollo Management offered a joint bid to acquire the international arm of Walgreens Boots Alliance Inc.

WBA

JetBlue Sweetens Spirit Offer

Jun 6, 2022
Scott Peters
JetBlue increased its breakup fee to $350 million and offered to prepay a portion in special dividend to Spirit shareholders.

JBLU ULCC SAVE
Broadcom agreed to acquire VMWare for $61 in a cash-and-stock deal and diversify its business from semiconductor chips to cloud infrastructure development.

VMW AVGO
JetBlue took its offer directly to Spirit shareholders and hopes that the lowered $30 a share will convince shareholders to vote against a merger with the rival Frontier Group.

JBLU SAVE ULCC AAL DAL


ManTech International, the defense contractor with a backlog of $10 billion, agreed to be acquired by Carlyle Group for $4.2 billion.

MANT CG