#acquisition

https://apple.news/Ay_ISb-khQx221ZuzQORlIQ

Shell cut a large portion of its IT workforce in Bangalore for a reason. Yet RB and LC apparently thought it made sense to bring in the leader who built Shell’s India data and analytics group, even though that role was eliminated during Shell’s own layoffs. Now we are watching that same leadership rebuild the team by hiring former Shell India employees into Chevron.

Etain LLC's Chestertown ca--abis facility is closing. This will lead to 37 job losses. A WARN notice was filed with the Labor Department on May 5. All affected workers will lose their jobs in August. Etain is part of Fluent Corp., which Vireo Growth is acquiring.

Chestertown, New York

https://www.timesunion.com/business/article/etain-chestertown-ca--abis-layoff-notice-22252658.php

Any chance the last two CEO’s were planted by the investors? They both run this company like they want to bleed it out and then sell it to someone who may have pushed for them to get to the top.

Sold 2 states already that they got from Frontier. Heard 3 to 6 more for sale. All in north Central Part of country. Small footprint lots of rural customers. Money being shifted to California and West Virginia

Topgolf has announced layoffs affecting an unknown number of workers. The impact on Louisiana locations remains unclear. Reports suggest hundreds of employees were dismissed nationwide. This follows the company's acquisition by private equity firm Leonard Green. Departments like sales and operations were affected.

https://973thedawg.com/topgolf-layoffs-lafayette/

Anyone hear anything on when we will get the retention bonus now that the sale is through?

We’ve definitely been sold to either Goldman or JPM.

It’s just a matter of time now before they announce the sell and layoff of full business units.

Full decimation soon.

And who would have the means and motive?

Fifth Third Bancorp plans a mass layoff. It will affect 502 workers. These employees are at a former Comerica campus. The campus is located in Farmington Hills, Michigan. Fifth Third acquired Comerica Bank three months ago.

Farmington Hills, Michigan

https://www.freep.com/story/money/business/2026/05/08/fifth-third-layoffs-metro-detroit-former-comerica-site/89997647007/

The company is attempting to be hush-hush about this, but my (soon to be ex) co-workers are announcing on LinkedIn. Last day in the office is today for some.

This entire industry (ev charging) is cooked. All players are trying to get acquired by either an (ev) auto manufacturer or an energy company (like a Shell) increasing footprint in the ev charging space.

The stock fell 44% in a year. 33% in the last 6 months. This company is going down or getting sold in the near future.

Lumber Liquidators will close its Sandston, Virginia distribution center. The permanent closure is scheduled for June 30, 2026. This action will affect all 65 employees at the site. The company was recently acquired by Bed Bath & Beyond, Inc. Lumber Liquidators is also moving its corporate headquarters and warehousing to Tennessee.

Sandston, Virginia

https://hbsdealer.com/lumber-liquidators-dc-closing-virginia

I find it unbelievable how many VP's Optum has. One thing I learned was that when Optum acquires a company they assign them a title based on the money that they made in their last company. Hence, so many people having titles that significantly outrun their skills. Optum's VP's are a great example.

Paramount Skydance proposes acquiring Warner Bros. Discovery. This merger aims to build necessary scale for global competition. The combined company expects to invest in more content production. Increased production will create more jobs for skilled workers. This deal offers growth against current industry contraction.

Detroit, Michigan

https://www.aol.com/news/paramount-wbd-merger-could-good-223158974.html

Any updates on this topic? Also, are there any hints about potential buyers?! saw the earnings - ADM performed quite well.

Belden is acquiring Ruckus from Vistance for about $1.85B. Expected to close in the second half of 2026, pending regulatory approval.

Between now and close, they will keep operating as separate companies — that’s a legal requirement, not a formality. No joint planning, pricing, or customer data sharing with Belden. Integration planning happens, but only through controlled “clean teams.” If they have people they can’t afford to lose, they will flag them now. Retention conversations are starting.

Most people won’t feel much change at first. The Ruckus brand stays. Product roadmaps, customer contracts, and sales teams keep moving. Customers and partners shouldn’t see disruption.
What’s happening as this is being written: the consolidation has started. A few functions will move over to Belden — HR, Finance, Legal, Tax, Treasury, Audit, Procurement, Corporate Comms, IR, and eventually IT. Real estate gets looked at wherever there’s overlap.

This may change, but what stays at Ruckus, at least for now: engineering, product management, sales, channel ops and partner programs, customer support, and the go-to-market teams. These are the reasons Belden bought Ruckus, and disrupting them would undercut the whole deal.

Now, the bridge period: Vistance will keep providing back-office services through a Transition Services Agreement for a while. IT separation alone usually takes 12–18 months, and in my experience it always costs more and takes longer than the first plan suggests.

1 to 1.5 year outlook: expect channel programs, partner tiers, and sales comp to get harmonized. Product lines that overlap with Belden’s will get rationalized.
Please ask any questions.

Some major product line sales are being considered as the demand shifts towards the profitable and relatively low cost drone business. .
Electronic warfare, (avionics) is on the chopping block. No need to retool or retrain. Old sites like Clifton and Rochester will likely close in the coming year.

Post recently deleted on purchasing a third Gulf Coast refinery and selling off smaller Mid Con refineries. Go back to January thread on the following post: Something is on the Refining Horizon.. Where there is smoke, there is fire.

Fulton Bank is eliminating 95 positions in Parsippany. These layoffs follow the bank's acquisition of Blue Foundry Bank. The approximately $243 million acquisition closed last month. Role redundancies were identified after a review of corporate and support positions. The job cuts will occur in two phases this year.

Parsippany, New Jersey

https://njbiz.com/fulton-bank-layoffs-parsippany-blue-foundry-bank-acquisition/

Why would T Mobile buy companies that are about to fail, hire their executives then use programs and platforms from those companies. This company went from last to supposed 1st doing things "the tmobile way" but some supposed brain said let's do things the Sprint and US Cells way now. Seems like they are trying save a sinking ship. All I need to do is last 9 more months or fingers crossed be laid off before then

Bed Bath & Beyond Inc. finalized its acquisition of Kirkland's Inc. in April. Kirkland's Inc. was previously known as The Brand House Collective Inc. A layoff notice was recently filed with the state of Tennessee. The notice describes a permanent closure of the Brentwood office. This office had served as Kirkland's headquarters.

Brentwood, Tennessee

https://www.bizjournals.com/nashville/news/2026/05/05/bed-bath-beyond-kirkland-brand-house.html

Activist investor Ryan Cohen has proposed acquiring eBay Inc. He sharply criticized eBay's current operating structure and large workforce. Cohen stated that 11,500 employees do not make sense for an asset-light business. He plans aggressive cost-cutting and headcount reductions if his bid succeeds. This strategy aims to increase earnings and accelerate innovation.

https://www.benzinga.com/markets/equities/26/05/52311822/ebay-layoffs-looming-ryan-cohen-says-11500-headcount-doesnt-make-sense-fwor-asset-light-business

Gilead Sciences is laying off 108 employees from Arcellx's Redwood City site. This action follows Gilead's recent $7.8 billion acquisition of CAR-T biotech Arcellx. The job cuts are part of the integration process after the buyout closed. Affected employees have been notified of the decision. The layoffs are scheduled to begin at the end of June.

Redwood City, CA

https://www.fiercebiotech.com/biotech/after-arcellx-buyout-close-gilead-trims-108-jobs-car-t-biotechs-redwood-city-outpost

What do people think the future looks like for PSKY? Honestly, I thought it was on the rise after the acquisition when it went up to close to $20, but it's obviously dropped back to pre-acquisition levels. Do we think it'll go back up if the WBD acquisition goes through?

TBH I'm asking because I have LTIP shares I'm trying to unload. My fault for not doing it in September/October.

Republic National Distributing Co. is laying off 1,903 employees in Texas. These layoffs are occurring across multiple offices, including Schertz, Austin, and Grand Prairie. The company sent a WARN letter to the Texas labor agency. This action precedes a potential sale of its Texas market and ten others. Reyes Beverage Group is in talks to acquire these markets.

https://www.expressnews.com/business/article/texas-republic-national-distributing-layoffs-22234251.php

Strong rumors regarding a major security acquisition.

The Ruckus-to-Belden sale has all the smell of a polished used-car pitch: shiny numbers, big promises, and just enough spin to make the buyer believe they were getting a prize.

In my view, Chuck and the Carlyle playbook were not about building a great company or a great product. They were about packaging the story, dressing up the numbers, and extracting value before someone else had to live with the consequences.

Best used-wasel-car salesman energy.

poor ba----ds.....

Whats getting sold and who's buying

Have any of the Pepsi facilities been taken over by capstone?

A Lexington supplements distributor is shutting down operations. This closure will eliminate 130 jobs. The shutdown follows a recent company sale. Grocer giant Kroger sold the company. A larger supplements concern acquired the distributor.

Lexington, North Carolina

https://hoodline.com/2026/04/lexington-reeling-as-vitacost-axes-warehouse-130-jobs-lost/

Given the current situation of our declining revenue and IP being less than attractive for an outside buyer, how much longer do we have until this ship sinks?

Albertsons is undertaking a new restructuring. Two retail locations in Texas ceased operations. This impacted 138 individuals. A major acquisition attempt involving Kroger collapsed. The company now faces intense competition alone.

Texas

https://internationalsupermarketnews.com/albertsons-at-a-crossroads-store-closures-layoffs-and-the-aftermath-of-a-failed-merger/

Is there any other way to interpret his somewhat ambiguous message from this morning?

"Reviewing strategic alternatives for EviCore"

https://www.vistancenetworks.com/press-releases/2026/vistance-networks-to-sell-its-ruckus-networks-business-to-belden-inc.-for-$1.846-billion

Nothing else comes to mind?
Any takers?

A Texas-based alcoholic beverage distributor is considering a major sale. The company is currently in discussions. These talks involve selling some of its operations. The operations span across 10 different states. They also include its business in Washington, D.C.

https://www.bizjournals.com/baltimore/news/2026/04/27/republic-national-distributing-layoff-jessup-reyes.html

What are the odds of a mega merger or a CEO change at Honeywell after the split?

Would Aero or Automation merge to form something big? Thinking about the accelerated timing of the split also aligning with Elliott's 1 year quiet term ending.

In such a scenario, history always had a new CEO. How likely will there be a new CEO?

Shell bought an actual company instead of shares for cancellation. It looks like they're supporting LNG export... Does that mean that the Montney assets are not as good as we were led to believe?

Even if it isn't the best deal I applaud the effort

Cencora has sold Patient Services to Caremetx. All employees within those divisions of the company will be employed by Caremetx in the next coming months.

https://www.globenewswire.com/news-release/2026/04/27/3281487/0/en/caremetx-acquires-u-s-based-patient-services-and-free-goods-pharmacy-operations-from-cencora-significantly-expanding-its-patient-access-platform.html