Health and wellness-focused private equity firm Manna Tree made a majority investment in Zambezi, an independent Los Angeles creative agency, on undisclosed terms.
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Clear Channel Outdoor received CFIUS clearance for its acquisition by Mubadala Capital, satisfying all regulatory requirements. Shareholders will receive $2.43 per share in cash, and the deal is expected to close on or about October 14, 2026, after which the stock will be delisted from the NYSE.
eFormed Ventures acquired Outdoor Life from Recurrent Ventures and plans an AI-powered gear marketplace.
Connect Media bought commercial real estate news site RENTV.com along with its podcast, video tool and conferences.
Paramount completed its $110 billion acquisition of Warner Bros. Discovery on October 6, forming a combined company called Skydance under David Ellison. The deal unites Paramount+ and HBO Max with CBS, CNN, TBS and franchises like Game of Thrones and the DC Universe. It closed after settlements with a coalition of U.S. states and a Hollywood writers' union cleared the main legal hurdles.