Pilot Fiber is acquiring the New York/New Jersey metro fiber business of Boldyn Networks. Alongside the deal, it lined up more than $330 million in new financing led by Fengate Asset Management. A purchase price was not disclosed.
Games services provider Side acquired Roboto Entertainment, a Chengdu-based environment art studio, and named founder Andrea Cordella global head of art.
Trive Capital has closed the sale of Atlanta-based internet provider EarthLink to a family office consortium of WaveDivision Capital, The Pritzker Organization and Stephens Capital Partners, alongside management. EarthLink serves over 500,000 customers and can offer fiber service to more than 68 million homes through partnerships with major fiber and 5G providers. Terms were not disclosed.
WaveDivision Capital, The Pritzker Organization and Stephens Capital Partners are partnering with management to acquire EarthLink, the Atlanta-based internet provider. Trive Capital, which carved EarthLink out of its former public parent in 2019, will keep a minority investment. Financial terms were not disclosed.
Mubadala Capital completed its acquisition of Clear Channel Outdoor Holdings in a deal valued at about $6.2 billion, after regulatory and shareholder approvals. Former TelevisaUnivision chief Wade Davis takes over as CEO and executive chairman, succeeding Scott Wells. Clear Channel's stock will be delisted from the NYSE.
AT&T agreed to sell AT&T Mexico to Grupo Televisa and Fintech Holdings for $2 billion in cash at closing, subject to adjustments, plus additional contractual and contingent benefits. The deal is expected to close in the first quarter of 2027, pending Mexican regulatory approvals. AT&T will report the unit as held-for-sale in its third-quarter filing.
Bain Capital and Tillman Global Holdings completed their $1.5 billion investment in Eaton Fiber, a Tillman affiliate, along with Eaton Fiber's acquisition of Ripple Fiber. The transactions were first announced in July 2026. They give Eaton Fiber long-term capital and a larger operating platform to build fiber infrastructure supporting Verizon's expansion.
A federal court in New York has issued a temporary restraining order that bars Cable One from acquiring the 55% of Mega Broadband Investments Holdings it does not already own. The order was entered on October 9. The suit was brought by CoBank, a lender under Cable One's existing credit agreement.
Grain Management agreed to sell 100% of its nationwide 800 MHz spectrum portfolio to SpaceX. Grain acquired the portfolio from T-Mobile in August. The spectrum will support satellite direct-to-device service for Starlink Mobile, and the deal is subject to FCC approval. Terms were not disclosed.
Belgium's Kinepolis Group closed its acquisition of 13 Showcase Cinemas locations across Massachusetts, New York, Rhode Island and Ohio, and will keep the Showcase brand; terms were not disclosed.
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.
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.