Image via Awful Announcing
Last updated
Penske Media Corporation: Ma Activity
Penske Media in advanced talks to acquire remaining Vox Media brands including SB Nation, The Verge, Eater, Popsugar, and The Dodo. Deal could close in approximately two months. Current Vox CRO Ryan Pauley expected to lead the combined portfolio post-closing.
Source: Awful Announcing
The leadership read
Consolidation of this kind shifts demand toward integration and transformation leadership bench strength in the sector.
Market context: Against a Talent Market Index of 112.9 (Hot) (up 11.4 month-on-month), Americas is at rising (+2.5pts) on signal share.
Penske Media Corporation: 2 signals in the last 90 days; 0.1% of MitchelLake's Americas signal flow; 2 tracked across 28 days.
Also at Penske Media Corporation →
More signals across Americas
Ma Activity · Americas
Commerce →Commerce (Kansas City bank) acquiring boutique middle-market investment bank Nolan & Associates (St. Louis-based) to expand investment banking advisory capabilities.
Ma Activity · Americas
Biogen →Biogen acquired Apellis Pharmaceuticals for $5.6B and subsequently paused or canceled the majority of research programs that came with the acquisition, laying off a small number of employees from Apellis.
Ma Activity · Americas
Cineverse →Cineverse completed transformative acquisitions of IndiCue and Giant Worldwide, evolving into an AI-driven, fully integrated entertainment technology company and studio. The acquisitions contributed $11.6 million of revenue in their first partial quarter.
Ma Activity · Americas
Haleon →Haleon is among multiple bidders competing to acquire Thorne, a supplements maker, signaling interest in the nutritional health market segment.
Ma Activity · Americas
Agilent Technologies →Agilent Technologies completed the acquisition of Biocare Medical from Excellere Partners and GHO Capital Partners. Biocare is a global leader in immunohistochemistry (IHC), in situ hybridization (ISH), and fluorescence in situ hybridization (FISH) solutions.
Ma Activity · Americas
GMS →GMS acquired the assets of Central Materials, a distributor of stucco, EIFS, stone, masonry, and related cladding products, to expand its South Texas cladding products presence.
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