Activist Jana Partners Takes Stake in Casella Waste, Pushes for Higher Margins
Jana Partners has built a position in Casella Waste and is pressing the company to lift margins to 27% EBITDA by 2029 amid lagging share performance.
Jana Partners has built a position in Casella Waste and is pressing the company to lift margins to 27% EBITDA by 2029 amid lagging share performance.
Apollo-backed Legendary Entertainment has revived talks and submitted a formal offer to acquire Lionsgate Studios, sending shares sharply higher.
Starboard Value builds stake in Solstice Advanced Materials, urging focus on refrigerants and nuclear businesses plus $100M overhead cuts.
Deal not confirmed.
New error-correction result of 99.9995% fidelity puts Quantinuum closer to commercial fault-tolerant quantum computers by 2029.
Kalshi traders now price in a greater-than-even chance of a Tesla–SpaceX merger by spring 2027 following the Roadster debut.