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Trump Media bets on fusion energy with $6 billion TAE deal
Dec 18 (Reuters) – U.S. President Donald Trump is getting into the fusion power business through a $6 billion merger of his social media firm and Google-backed TAE Technologies, announced just days after industry leaders met with U.S. Energy Department representatives to urge federal funding. The all-stock deal announced on Thursday is an ambitious bet […]
Warner Bros Discovery board rejects rival bid from Paramount
LOS ANGELES, Dec 17 (Reuters) – Warner Bros Discovery’s board rejected Paramount Skydance’s $108.4 billion hostile bid on Wednesday, saying it failed to provide adequate financing assurances. In a letter to shareholders, disclosed in a regulatory filing, the board wrote that Paramount had “consistently misled” Warner Bros shareholders that its $30-per-share cash offer[...]
Mars completes $36B Kellanova acquisition
McLean-based candy and pet care giant Mars announced Thursday that it has completed its $36 billion acquisition of Kellanova.
EU approves $36B Mars-Kellanova buy; deal to close this week
McLean-based candy and pet care giant Mars has received the European Union's blessing to acquire Kellanova, maker of Pringles, Cheez-Its and other snacks, in a $36 billion deal.
Paramount launches $74B hostile bid for Warner Bros.
Paramount has made a $74.4B hostile bid for Warner Bros. Discovery, challenging Netflix’s $72B deal and escalating the fight for the studio.
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.
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.
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.
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.
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
Pfizer wins a $10 billion deal for weight-loss drugmaker Metsera, ending its bidding war with Danish rival Novo Nordisk.
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.
