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mergers and acquisitions

A Radford native, John Asbury traveled all over the country for his banking career but returned to Virginia in 2016 to lead Atlantic Union Bank. Photo courtesy Atlantic Union Bank
Dec 1, 2025

2025 Virginia Business Person of the Year: John Asbury | Atlantic Union Bank

Atlantic Union CEO John Asbury is Virginia Business’ 2025 Business Person of the Year, recognized for leading the bank’s growth.

VTG President and CEO, John Hassoun. Photo Courtesy VTG
Nov 25, 2025

Chantilly’s VTG makes sixth acquisition of 2025

VTG announced Tuesday that it has acquired Fairfax-based technology firm Miklos Systems, its sixth acquisition this year.

Retail | Wholesale
Nov 24, 2025

Performance Food Group and US Foods terminate merger talks

Goochland County-based Fortune Global 500 company Performance Food Group and US Foods have scrapped discussions of a merger.

cybersecurity art
Nov 12, 2025

Global Guardian acquires UK risk management company

Global Guardian announced last week that it has acquired UK-based Solace Global Risk, a travel risk management company.

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Nov 12, 2025

BigBear.ai to acquire Warren County-based AI company for $250M

McLean-based government tech contractor BigBear.ai announced this week that it has entered an agreement to acquire Ask Sage for $250 million.

Metsera falls after accepting up to $10 billion offer from Pfizer
Nov 10, 2025

Metsera falls after accepting up to $10 billion offer from Pfizer

Pfizer wins a $10 billion deal for weight-loss drugmaker Metsera, ending its bidding war with Danish rival Novo Nordisk.

Tylenol maker rebounds a day after Trump’s unfounded claims about its safety
Nov 3, 2025

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
Oct 29, 2025

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, Norfolk Southern confirm merger talks
Oct 23, 2025

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, […]

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Oct 22, 2025

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.

FILE - The Discovery Communications logo atop its headquarters in Silver Spring, Md, July 31, 2017. (AP Photo/Manuel Balce Ceneta, File)
Oct 21, 2025

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.

Photo by DepositPhotos
Oct 15, 2025

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.

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