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EBay rejects GameStop’s $56B bid as ‘neither credible nor attractive’
EBay rejects GameStop's $56 billion takeover bid over financing concerns, emphasizing its own growth strategy and board confidence in management.
United Felts to acquire German manufacturer BKP
Martinsville-based United Felts announced last week that it has acquired German manufacturer BKP Berolina Polyester.
TowneBank sells resort property management segment for $250M
Suffolk-based TowneBank announced Monday it has sold its Towne Vacations division for $250 million to Bellcrest Vacations Acquisitions.
Leidos completes $2.4B acquisition of design firm
Leidos announced that it has completed its $2.4 billion acquisition to buy utilities infrastructure design firm Entrust Solutions Group.
Vienna roadside tech firm to be acquired by Mass. competitor
Vienna-based roadside assistance tech company Urgent.ly will soon be acquired by Massachusetts-based competitor Agero and taken private.
AeroVironment acquires California aerospace firm for $200M
AeroVironment has acquired California engineering design and manufacturing company Empirical Systems Aerospace for $200 million.
CACI International completes $2.6B acquisition of Arka Group
CACI International announced Monday that it has completed its $2.6 billion acquisition of Connecticut-based contractor Arka Group.
Virginia banks saw big mergers and acquisitions in 2025
Virginia community banks experienced significant mergers and acquisitions in 2025, including Atlantic Union Bankshares' $1.3 billion purchase of Sandy Spring Bank.
McLean contractor acquires Orlando-based Dignitas Technologies
McLean-based By Light announced Tuesday that it has acquired Orlando-based defense modeling and simulation firm Dignitas Technologies.
After bank mergers comes ‘big work’ of integration
Looser antitrust enforcement under Trump is expected to fuel more bank mergers, reshaping Virginia’s banking landscape.
Leidos to acquire utilities design firm for $2.4B
Reston-based Fortune 500 government contractor Leidos has entered an agreement to buy utilities infrastructure design firm Entrust Solutions Group for approximately $2.4 billion in cash, it announced Monday.
Blackstone weighs $5 billion sale of Beacon Offshore, source says
Blackstone is exploring a sale or IPO of Beacon Offshore Energy, valuing the Gulf of Mexico oil and gas operator at over $5B.
