AP News reports Denny’s has agreed to be acquired by a group of investors in a deal valued at $620 million, including debt. The acquisition, approved unanimously by the board, will see Denny’s taken private with shareholders receiving $6.25 per share. The purchasers include TriArtisan Capital Advisors, Treville Capital, and Yadav Enterprises. The deal is expected to close in the first quarter of 2026 if accepted by shareholders.
Electronic Arts, the creator of popular video games like “Madden NFL” and “The Sims,” is set to be acquired for $52.5 billion in a deal led by private equity firms, potentially becoming the largest buyout of its kind. Silver Lake Partners, Saudi Arabia’s PIF, and Affinity Partners will pay $210 per share, with PIF rolling over its existing stake. This move aligns with PIF’s growing activity in the gaming market, as they’ve previously invested in other major gaming companies. Should the deal be finalized as anticipated, EA will become a private company, with its headquarters remaining in Redwood City, California, and current CEO Andrew Wilson remaining in his leadership role.
Former President Donald Trump revealed during a Fox News interview that Rupert and Lachlan Murdoch are likely to be involved in the potential acquisition of TikTok in the US. Trump mentioned other key players, including Larry Ellison and Michael Dell, while emphasizing that the Murdochs, through the Fox Corporation, are part of the group. This development follows a law passed by Congress mandating the sale of TikTok to a US company due to national security concerns. White House officials have also stated that the acquisition would ensure American control over data and the company’s board.
The W.K. Kellogg Co., the cereal-focused entity formed after the 2023 split of the original Kellogg Company, is reportedly in talks to be acquired by the Ferrero Group, known for Nutella, for an estimated $3.1 billion. This potential acquisition comes after Kellogg’s snack business was slated to be purchased by Mars Inc. for $35.9 billion. The deal is expected to close in the fourth quarter of this year. The news marks significant shifts in the cereal and snack food industries.
Canadian Tire’s recent acquisition of Hudson’s Bay’s intellectual property for $30 million is a deal that has sparked considerable conversation across Canada, and for good reason. It’s more than just a simple business transaction; it represents a significant shift in the Canadian retail landscape and a symbolic passing of the torch between two iconic brands.
The sheer magnitude of the news is undeniable, especially within Canada. The impact, however, likely won’t be felt as strongly outside our borders. While the financial aspects are important – the $30 million price tag for the intellectual property representing the stripes, coat of arms, and overall Hudson’s Bay legacy – the cultural significance is far more profound.… Continue reading
John Q. Hosedrinker 
Matt Underwood