L3Harris Advances $2 Billion AXYV Missile Spin-Off IPO
L3Harris has selected JPMorgan and Morgan Stanley to lead the upcoming IPO of its missile business AXYV. The spin-off could raise up to $2 billion in 2026.
L3Harris has selected JPMorgan and Morgan Stanley to lead the upcoming IPO of its missile business AXYV. The spin-off could raise up to $2 billion in 2026.
Netflix is shifting from a “build, not buy” strategy to actively pursuing major acquisitions, from failed talks for Warner Bros. Discovery to bids for Roku and interest in Lionsgate.
Qualcomm is in early talks to buy Jim Keller’s Tenstorrent to expand its AI chip capabilities and challenge Nvidia in data center and edge AI. Intel is also interested.
Several U.S. states are now considering antitrust action while UK and EU regulators continue their reviews.
Roku is in early talks to sell itself; no deal yet, but it could join a media company as streaming consolidation continues.
Microsoft has discussed restructuring or spinning out Xbox amid profitability pressures. At the same time, it’s doubling down on new Halo, Fallout, and other key titles.