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Tylenol, Kleenex, Band-Aid and more put under one roof in $48.7 billion consumer brands deal
Kimberly-Clark will acquire Tylenol maker Kenvue for $40B, creating a $32B consumer goods giant amid lawsuits and market pressures.
Paramount to cut 2,000 jobs after Skydance merger
General Motors is cutting about 1,700 jobs in Michigan and Ohio as slower EV demand and regulatory shifts reshape production plans.
Union Pacific profit rises 7% as merger push continues
OMAHA, Neb. (AP) — Union Pacific delivered 7% growth in its third-quarter earnings Thursday as its CEO continues to make the case for the potential benefits of acquiring one of the railroad’s eastern rivals. The Omaha, Nebraska-based railroad said it earned $1.79 billion, or $3.01 per share, in the quarter. That’s up from $1.67 billion, […]
Dataminr to buy Arlington cybersecurity firm for $290M
Dataminr announced Tuesday it plans to acquire Arlington County-based cybersecurity firm ThreatConnect in a deal valued at $290 million.
Warner Bros. Discovery weighs sale after receiving buyout offers
Warner Bros. Discovery is reviewing potential sale options after receiving multiple offers for all or part of the company, including interest from major rivals.
Genworth’s CareScout to acquire senior care tech company for $20M
CareScout Holdings, a subsidiary of Henrico County-based Fortune 1000 insurer Genworth Financial, announced Wednesday it plans to acquire Seniorly.
Mars nears EU approval for $36B Kellanova deal
McLean-based candy and snacks giant Mars' $36 billion bid to acquire Pringles and Pop-Tarts maker Kellanova is set to clear a major hurdle by winning unconditional European Union antitrust approval, three people with direct knowledge of the matter said.
Owens & Minor to sell largest business segment for $375M
Fortune 500 company Owens & Minor, based in Henrico County, announced Wednesday that it plans to sell its Products & Healthcare Services segment for $375 million to Platinum Equity.
Xcelerate Solutions acquires Maryland software company
McLean-based national security company Xcelerate Solutions announced Tuesday that it acquired software development company clearAvenue.
Dotted Line Agency acquires Richmond peer
Henrico County's Dotted Line Agency acquires Richmond’s The King Agency. Founder Dave King is retiring but will provide consulting services.
Democrats tie $6B Nexstar-Tegna deal to Jimmy Kimmel’s suspension
Congressional Democrats, including U.S. Sen. Tim Kaine, are tying ABC late night host Jimmy Kimmel's indefinite suspension on Wednesday to the $6.2 billion Nexstar-Tegna acquisition.
Virginia’s Performance Food Group exploring merger with US Foods
Performance Food Group has entered into an agreement with US Foods to begin sharing information, hinting at a possible merger.
