Merger and Acquisitions as of Dec 4th

Announced
Expected
Completed
Acquirer Name
Target Name
Type
Size
Currency
Payment Type
Status
Get Alert
12/04/2023
Riot Platforms(RIOT)
MicroBT Electronics Technology Co., LTD
Asset Sale$291MUSDAnnouncedGet Alert
12/04/20232024
Xponential Fitness(XPOF)
Lindora
AcquisitionUSDAnnouncedGet Alert
12/04/20232024-Q2
Fresh Vine Wine(VINE)
Notes Live, Inc
MergerUSDIntent to AcquireGet Alert
12/04/2023
Smart for Life(SMFL)
State-Of-The-Art Manufacturer Of Vitamins And Supplements
AcquisitionUSDIntent to AcquireGet Alert
12/04/2023
ReAlpha Tech Corp(AIRE)
Naamch
AcquisitionUSDAnnouncedGet Alert
12/04/20232024
Vail Resorts(MTN)
Crans-Montana Mountain Resort
Asset SaleUSDAnnouncedGet Alert
12/04/20232024-Q1
Russel Metals(RUS)
Samuel, Son & Co., Limited
Asset Sale$225MUSDCashAnnouncedGet Alert
12/04/202312/04/2023
ProPetro Holding(PUMP)
Par Five Energy Services LLC
Asset SaleUSDCompletedGet Alert
12/04/20232023-Q4
Ventas(VTR)
CoolTera Ltd
AcquisitionUSDAnnouncedGet Alert
12/03/202312/03/2023
IZEA Worldwide(IZEA)
Hoozu
AcquisitionUSDCompletedGet Alert
12/03/20232024
Alaska Air Gr(ALK)
Hawaiian Holdings(HA)
Merger$1.9BUSDCashAnnouncedGet Alert
12/01/20232024-H1
TMT Acquisition(TMTC)
eLong Power Holding Limited
Merger$450MUSDStockAnnouncedGet Alert
12/01/202312/01/2023
InnovAge Holding(INNV)
ConcertoCare
Asset SaleUSDCompletedGet Alert
12/01/202312/01/2023
Sonoco Prods(SON)
Inapel Embalagens Ltda
AcquisitionUSDCompletedGet Alert
12/01/2023
Paylocity Holding(PCTY)
TraceHQ.com, Inc
AcquisitionUSDAnnouncedGet Alert
12/01/202312/01/2023
Chesapeake Utilities(CPK)
Florida City Gas
AcquisitionUSDCompletedGet Alert
11/30/202311/30/2023
Nevro(NVRO)
Vyrsa Technologies
Acquisition$40MUSDCompletedGet Alert
11/30/202311/30/2023
Johnson & Johnson(JNJ)
Laminar, Inc
Acquisition$400MUSDCompletedGet Alert
11/30/20232024-H1
AbbVie(ABBV)
Immunogen(IMGN)
Acquisition$10.1BUSDCashAnnouncedGet Alert

Recent M&A News

Smart for Life Announces LOI To Acquire State-Of-The-Art Manufacturer Of Vitamins And Supplements; Expected To Add An Estimated $20M Of Revenue On A Pro Forma Basis Over The Next Year
Why Alaska Air Shares Are Diving Today
Neiman Marcus Turns Down Saks Fifth Avenue's $3 Billion Takeover Bid
ImmunoGen's Flagship Cancer Therapy Draws AbbVie's Attention With $10.1B Deal
Health Care Company AbbVie Announces Acquisition of Immunogen
Vail Resorts Strikes Deal For Swiss Ski Haven: Adding Crans-Montana To Its Global Portfolio
EXCLUSIVE: Game-Changer In Cannabinoid Market? OBX Acquires Nucl3o
Financials Company Blackstone Announces Acquisition of Rover Group
Globant Shakes the Creative and Tech Industries by acquiring GUT, Cannes Lions 2023's Independent Network of the Year
Chorus And Build My SOP Acquisition: Landmark Deal Brokered At Benzinga's Cannabis Conference

Mergers and acquisitions are a large part of the business world, often impacting Wall Street. When companies merge or acquire, stock symbols change, valuations shift and investors must adjust their portfolios accordingly.

Types of Mergers & Acquisitions

Generally, businesses merge or complete an acquisition in a few basic ways.

Cash-for-Stock Acquisition

An acquisition involves a cash purchase of all that company’s stock, cashing out all its stockholders. In a situation such as this, the controlling company can either merge the 2 firms or operate the other business normally. In extreme cases, the controlling business may choose to sell off the pieces of an underperforming business, keeping the physical or intellectual properties it prefers to retain.

Stock-for-Stock Merger

If 2 companies merge, they combine assets, going “stock-for-stock,” either trading under 1 firm’s stock ticker or listing under a new ticker symbol. 

IPO via Special Purpose Acquisition Company

Finally, a business that plans to go public may choose to merge with what is known as a special purpose acquisition company (SPAC). The new company is created to effect the merger, and a stock ticker symbol is assigned to the SPAC. For example, Lucid Motors merged with Churchill Capital Corp. IV (NYSE: CCIV) to effect a $4.4 billion IPO and list as (NYSE: LCID). 

Check out Benzinga’s mergers & acquisitions calendar to learn when these deals are set to close across the marketplace.