Triumph Group, Inc. ( TGI ) reached a definitive acquisition agreement with private equity firms, Warburg Pincus and Berkshire Partners. Valued at roughly $3 billion, the transaction will result in Triumph becoming a privately owned entity which will be jointly managed by Warburg Pincus and Berkshire Partners. TRIUMPH  shareholders will receive $26.00 per share in cash, representing a premium of...

Investors with a lot of money to spend have taken a bullish stance on Taiwan Semiconductor . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with...

01:29 PM EST, 02/04/2025 (MT Newswires) -- Honda Motor ( HMC ) and Nissan may terminate their business integration talks, Japanese newspaper Asahi Shimbun reported Tuesday, citing sources. Both companies will hold board meetings in the near future to discuss ending the merger talks, the sources reportedly told Asahi. Honda ( HMC ) did not immediately reply to a request...

Feb 4 (Reuters) - Microsoft ( MSFT )-backed OpenAI said on Tuesday it will roll out an education-specific version of its chatbot to about 500,000 students and faculty at California State University as it looks to expand its user base in the academic sector and counter competition from rivals like Alphabet. The rollout will cover 23 campuses of the largest...