Merger and Acquisitions as of Apr 24th

Announced
Expected
Completed
Acquirer Name
Target Name
Type
Size
Currency
Payment Type
Status
Get Alert
04/23/20242024-Q2
Marsh & McLennan(MMC)
Trustmark National Bank
Asset Sale$316MUSDCashAnnouncedGet Alert
04/23/202404/23/2024
Horizon Quantum Computing
Rigetti Computing(RGTI)
Asset SaleUSDCompletedGet Alert
04/23/20242024-Q3
Incyte(INCY)
Escient Pharmaceuticals
Acquisition$750MUSDCashAnnouncedGet Alert
04/23/202404/23/2024
CommVault Systems(CVLT)
AcquisitionUSDCompletedGet Alert
04/23/2024
KKR(KKR)
Immedica Pharma
AcquisitionUSDAnnouncedGet Alert
04/23/20242024-H2
JD Sports Fashion plc
Hibbett(HIBB)
Acquisition$1.1BUSDCashAnnouncedGet Alert
04/22/202404/22/2024
Arthur J. Gallagher(AJG)
Prasidium Credit Insurance
AcquisitionUSDCompletedGet Alert
04/22/2024
Equity Bancshares(EQBK)
KansasLand Bancshares Inc
MergerUSDAnnouncedGet Alert
04/22/20242024-04-30
Crane(CR)
CryoWorks, Inc
Acquisition$61MUSDAnnouncedGet Alert
04/22/2024
Eli Lilly and Co(LLY)
Nexus Pharmaceuticals, LLC
Asset SaleUSDAnnouncedGet Alert
04/22/2024
NewGenIvf Group(NIVF)
European Wellness Investment Holdings Limited
Merger$268MUSDProposed To AcquireGet Alert
04/22/20242024
CoStar Gr(CSGP)
Matterport
Acquisition$1.6BUSDCash & StockAnnouncedGet Alert
04/22/2024
Intrusion(INTZ)
Klever AI
AcquisitionUSDStockAnnouncedGet Alert
04/22/20242024-H2
TotalEnergies(TTE)
Sapura Upstream Assets Sdn Bhd
Asset SaleUSDAnnouncedGet Alert
04/22/20242024-Q2
Mueller Industries(MLI)
Nehring Electrical Works Company
Acquisition$575MUSDAnnouncedGet Alert
04/22/202404/22/2024
Descartes Systems Gr(DSG)
Aerospace Software Developments
Acquisition$61MUSDCompletedGet Alert
04/22/202404/22/2024
Descartes Systems Gr(DSGX)
Aerospace Software Developments
Acquisition$61MUSDCompletedGet Alert
04/22/20242024-Q2
Chubb(CB)
Aon(AON)
Asset SaleUSDAnnouncedGet Alert
04/22/20242024-H2
Quanex Building Prods(NX)
Tyman plc
Acquisition$1.1BUSDCash & StockAnnouncedGet Alert

Recent M&A News

FTC Files Lawsuit To Block $8.5B Merger Of Coach And Versace Handbag Makers
EXCLUSIVE: Why This Uranium Bull Market Is Different — 'We've Really Got To Start Developing Mines,' Says Madison Metals CEO
TopBuild Announces Mutual Termination Of Agreement To Acquire Specialty Products And Insulation; TopBuild Paid A Termination Fee Of $23M
'Jana Partners, In Letter, Urges Wolfspeed To Consider A Possible Sale, Other Strategic Alternatives To Boost Share Price' - Reuters News
What's Going On With Salesforce and Informatica Stock Monday?
Reported Sunday, Energy Fuels Inks Definitive Scheme Implementation Deed With Base Resources For The Acquisition Of All Issued Shares For ~A$375M
Saudi Arabia Near Deal For Stake In Gold, Copper Mine Project In Pakistan's Troubled Province
Watching Hawaiian Holdings; Shares Spike Lower As Traders Circulate M&A Blog Post Suggesting The DoJ Might Block The Merger Between Alaska Air And Hawaiian Airlines
McEwen Mining Acquires Timberline To 'Unlock Synergies' In Nevada Gold Operations
Morgan Stanley CEO Expects High M&A Activity Over The Next 3-5 Years

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.