Berkshire Hathaway Buys Taylor Morrison for $8.5 Billion – Greg Abel’s First Big Deal
Berkshire Hathaway to buy Taylor Morrison for $8.5B (24% premium). Greg Abel's first major deal as CEO expands housing empire with Clayton Homes. Closing H2 2026.
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Yum! Brands in Exclusive Talks to Sell Pizza Hut to LongRange Capital
Yum! Brands may sell Pizza Hut to LongRange Capital as sales fall and stores close; deal still not finalized.
UMG Rejects Bill Ackman’s $65 Billion Takeover Bid – Music Giant Stays Independent
Universal Music Group rejected Bill Ackman’s $65B takeover offer, saying it undervalues the company and they plan to keep growing.
Green Energy Strikes Back: Nextpower’s $365M Battery Deal Powers AI Data Centers & Lifts Outlook
Nextpower to acquire Prevalon Energy for up to $365M, entering battery storage (BESS) and AI data center markets. Raises FY2027 revenue & EPS outlook. Shares +14%, 5 analyst upgrades.
No More Shots for Kids! FDA Approves Inhaled Afrezza 6+
The FDA has just approved MannKind’s Afrezza—the first inhaled insulin for children aged 6 and older with Type 1 and Type 2 diabetes.
Oculis DIAMOND Trial Results: Vision Goal Not Met, But Retina Improved – Company Shifts Focus
Oculis eye drops failed main vision goal in DME trials but reduced swelling; no FDA filing, company shifts focus, strong cash until 2029.