M&A

Hologic rejected a $16 billion offer from TPG and Blackstone to take the company private.

Salesforce signs an agreement to acquire the cloud platform company.

Talks fizzled out last year after the companies didn’t agree on terms.

HPS joins Charlesbank Capital Partners as a Lido backer.

The business includes one million fiber customers and reaches across 11 states.

The all-equity deal includes OpenAI’s current stake in the company, according to the ChatGPT maker.

Fed officials say debt downgrade complicates inflation outlook, Nvidia CEO discusses China chip ban, JPMorgan’s investor day, and more news to start your day.

A national-security review of the transaction is scheduled to be completed on Wednesday.

A long winter for corporate dealmaking could finally be about to thaw.

Vistra said it would acquire seven gas generation facilities in a $1.9 billion deal.

The two companies are combining in a deal that values Cox at $34.5 billion.

UnitedHealth is being investigated by the Justice Department for possible criminal Medicare fraud, The Wall Street Journal reports, Walmart’s earnings top analysts’ estimates but the retailer warns it will have to raise prices, and Dick’s Sporting Goods is buying Foot Locker for about $2.4 billion.

The deal values the shoe retailer at a 90% premium to its Wednesday closing price.

Lindbrook Capital maintains offices in southern California and New York, where it primarily serves high-net-worth clients.

The brokerage firm is adding new features for options traders as a way to enhance its platform.

The deal, to acquire a portfolio of natural gas generation facilities from LS Power Equity Advisors, will double NRG’s power-generation capacity, the company says.

The wealth management company is on track to meet its 90% advisor retention goal for its $2.7 billion planned acquisition of Commonwealth Financial Network, CEO Rich Steinmeier says.

Meanwhile, activist investor Elliott Management is pushing for more aggressive goals to get the company back on its feet. 

Toyota’s potential deal could encourage other Japanese companies to consolidate.

CEO Dave Welling talks about what’s next for the Denver advisory firm, including a potential international expansion and prospects for a megamerger.

The latest on trade talks, Real ID requirements for travel, pharma stocks tumble, and more news to start your day.

The deal brings together two players that make minority investments in registered investment advisory firms.

Acquirers need to allow advisors to continue serving clients in ways that reflect their unique value proposition and expertise while finding efficiencies of scale.

Some of the gains have come as the broader market has rallied, but there are signs fundamental factors are at play as well.

Global investment firm 3G Capital will pay existing investors up to $63 a share.