Deal Dispatch: Shell, Unilever And More Are On The Sell Side; The Onion Makes Alex Jones Cry Foul
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 17 2024
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Source: Benzinga
Evolent Health and Other Companies for Sale: Evolent Health Inc. is reportedly up for sale, with potential buyers including TPG Inc., Clayton, Dubilier & Rice, and KKR & Co. Inc. Additionally, Kronos Bio Inc. is exploring strategic alternatives, while Saint-Gobain considers selling its auto glass unit.
Bankruptcy and M&A Activity: Alex Jones' Infowars has been acquired by The Onion, marking a significant turn in the ongoing defamation case against Jones. Meanwhile, Diamond Sports Group plans to restructure its debt significantly, and Spirit Airlines is preparing for bankruptcy as it ends talks with Frontier Airlines. Analysts predict increased M&A activity under a Republican-controlled Congress.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
