Acquisition

• Nexstar Media Group's upcoming earnings report draws focus amid legal hurdles for its $5 billion-plus acquisition of TEGNA. • The company issued over $5 billion in new debt to fund the deal, prompting investor attention on leverage ratios and free cash flow generation. • Updates on the merger's progress and financial health could influence stock performance and broadcasting sector consolidation trends.

• Expro Group Holdings announced plans to relocate its corporate domicile to the Cayman Islands, subject to shareholder approval expected in June 2026, in a strategic restructuring move. • The company is also advancing a $215 million acquisition as part of its capital deployment strategy amid expectations for stronger activity in the energy services sector. • The dual initiatives reflect Expro's efforts to optimize its corporate structure and pursue targeted M&A to enhance shareholder value.

• U.S. Bancorp (NYSE: USB) reported Q1 2026 net income of $1,945 million, up from $1,709 million year-over-year, with earnings per share rising 14.6% to $1.18. • Total net revenue reached $7,288 million, driven by 3.8% average loan growth, 1.7% deposit growth, wider net interest margins, and stronger fee income. • The company announced a pending acquisition of BTIG for up to $1 billion in cash and stock, plus performance-based earn-outs, to expand its capabilities.

Ryan Cohen said he didn’t understand questions about how the video games retailer could afford its $55.5bn bidSign up for the Breaking News US newsletter emailGameStop’s shares fell more than 10% on Monday as questions emerged about how the company would finance its surprise $55.5bn bid for eBay.In an interview with CNBC, Ryan Cohen, GameStop’s CEO, skirted repeated inquiries about how the video games retailer could afford the deal, saying he didn’t understand the questions. Continue reading...

Meta, which owns Facebook, acquired Manus in December 2025 for more than US$2 billion in a bid to boost its capabilities in AI agents.

• China's National Development and Reform Commission prohibited Meta's acquisition of Singapore-based AI startup Manus on April 27, 2026, requiring all parties to withdraw. • Manus, with Chinese roots, was targeted in a security review of foreign investment despite Meta's compliance claims from its California headquarters. • The decision heightens US-China tech tensions, impacting Meta's AI expansion and cross-border M&A in semiconductors and intelligence tools.

• VisionWave Holdings (NASDAQ: VWAV) closed a $20 million senior loan in late February and subsequently completed a $60 million–valued acquisition of AI video intelligence intellectual property, strengthening its technology portfolio. • The acquisition adds significant video AI capabilities to VisionWave's platform and positions the company for expanded market presence in computer vision applications. • These transactions demonstrate continued investor confidence in AI video technology sectors and emerging opportunities in automated visual intelligence.