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Tellurian Shares Soar on $1.2B Woodside Deal: Details

Benzinga

(NYSE: TELL ) shares are trading higher after the company inked an acquisition deal with Australia’s Woodside Energy Group Ltd (NYSE: WDS ) for an implied enterprise value of $1.2 billion, including net debt. The deal consideration includes a $900 million all-cash payment or $1.00 per Tellurian share.

Net Debt 105
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ConocoPhillips Acquires Marathon Oil In All-Stock Deal At 14.7% Premium: Details

Benzinga

Marathon Oil Corporation (NYSE: MRO ) and ConocoPhillips (NYSE: COP ) stocks are moving in opposite directions on Wednesday after they disclosed a definitive deal in which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 The acquisition price represents a 14.7%

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MVP: Davis Polk & Wardwell's Oliver Smith

Law 360 M&A

billion enterprise value, earning him a spot as one of the 2024 Law360 M&A MVPs. Oliver Smith of Davis Polk & Wardwell's mergers and acquisitions practice was a leader on the team that advised ExxonMobil Corp. on its blockbuster $60 billion acquisition of Pioneer Natural Resources and Truist Financial Corp.

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Bel Closes Its Previously Announced Acquisition of Enercon Technologies

Benzinga

14, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. ("Bel," Enercon") from Fortissimo Capital based on an enterprise value of $400 million. WEST ORANGE, N.J., Bel," or, "the Company") (NASDAQ: BELFA , NASDAQ: BELFB ), announced today that it has closed the previously announced majority stake acquisition of Enercon Technologies, Ltd.

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Why Is Athletic-Inspired Fashion Retailer Hibbett Stock Jumping Today?

Benzinga

per share in cash, representing an aggregate enterprise value of approximately $1.1 Per share price represents a 21% premium to the April 22, 2024, closing price. Hibbett announced a definitive agreement in which JD Sports Fashion PLC (OTC: JDSPY ) will acquire Hibbett for $87.50

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Terran Orbital Shareholders Take Massive Hit In Lockheed Buyout: Details

Benzinga

Terran Orbital Corporation (NYSE: LLAP ) shares are diving today after the company disclosed a deal under which Lockheed Martin Corporation (NYSE: LMT ) will acquire the company for an enterprise value of around $450 million. The transaction is expected to close in the fourth quarter of 2024, pending customary closing conditions.

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Squarespace Seals $6.9B Privatization Deal With Permira, Major Investors Back Transformative Deal

Benzinga

(NYSE: SQSP ) announced today that it has agreed to go private in a deal with global private equity firm Permira, in a transaction valued at over $6.6 billion on an equity value basis and approximately $6.9 billion on an enterprise value basis. Stockholders of Squarespace will receive $44.00