M&A

The deal would enable Schwab to offer individual investors and financial advisors greater access to private markets at a time when more companies are electing to remain private.

Both Kimberly Clark and Kenvue are Dividend Aristocrats. Dividends after a merger could well disappoint.

AMD beats expectations, Mamdani wins NYC mayoral election, Bitcoin briefly dips below $100,000, and more news to start your day.

The deal is one of the worst-received major merger deals in recent years.

The moves reflect this year’s record-breaking growth in M&A activity among registered investment advisors.

Private-equity firm Apollo reportedly has backtracked on its bid because of concerns of weaker consumer spending on fast food, Reuters reported.

The Danish company’s latest offer is more than 30% about what Pfizer initially agreed to pay, not counting potential milestone payments.

OpenAI strikes cloud computing deal with Amazon, Palantir CEO touts strong third-quarter results, Trump threatens to cut NYC funds, and more news to start your day.

Kenvue shareholders will receive $21.01 a share under terms of the deal.

Pfizer has now filed a suit in federal court, following its claim in state court on Friday. It is riding Trump-era political currents in its efforts to save the deal.

Newly reconstituted Wealthspire will have $580 billion in client assets in private accounts and retirement plans.

CEO Ron Kruszewski expressed confidence in his company’s strategy.

The deal would feel the streaming giant's flywheel model, giving it even more content to attract subscribers.

AssetMark is buying Efficient Advisors, a turnkey asset management platform serving two hundred advisory practices.

Apple is betting on a big holiday season, Netflix weighs Warner Bros. bid, Pfizer and Novo Nordisk find themselves in a bidding war, and more news to start your day.

Denmark’s Novo offers $56.50 a share in cash for Metsera, plus potentially a further $21.25 a share based on clinical and regulatory milestones.

The merger drew the ire of several large shareholders, including Two Seas Capital.

The bank is buying EquityZen, which promotes itself as a way to connect investors seeking private assets with shareholders of private companies.

The addition of Spahn Financial Partners is the largest to date for OnePoint BFG Wealth Partners, which is backed by Joe Duran’s Rise Growth Partners.

Nvidia’s stake will boost the Finnish company’s ability to build connectivity solutions for AI.

The two companies make high-performance radio frequency, analog and mixed-signal semiconductors.

Qualcomm enters AI computing race, Texas emerges as banking M&A epicenter, suspension of food assistance during shutdown to hit economy, and more news to start your day.

U.S. banks keep finding new deals in Texas. Why execs can’t get enough of the “Texaplex.”

Qualcomm soars after introducing new artificial-intelligence servers meant to compete with Nvidia and AMD, while MP Materials falls as Treasury Secretary Scott Bessent says he expects China to defer its tightened export controls on rare-earth materials.

The maker of automated vacuums made the statement in an 8-K.