Corporate Strategy

NEW YORK – October 01, 2026 -- Paramount Skydance Corporation (NASDAQ: PSKY) and Warner Bros. Discovery, Inc. (NASDAQ: WBD) confirmed their merger is expected to close October 01, 2026, finalizing one of the largest media consolidations in recent years.

WBD shareholders to receive $31.01666668 per share at anticipated closing

Under the Merger Agreement dated October 01, 2026, each outstanding share of WBD common stock will convert into a cash right of $31.00 plus a daily accrual of $0.00277778 for each calendar day elapsed after October 01, 2026 through the closing date. If the deal closes on the anticipated date of October 01, 2026, the per-share payout totals $31.01666668.

Hanover, Pa. – September 29, 2026 -- L2 Brands, a premium custom-decorated apparel and headwear maker, appointed John Fryer as Chief Executive Officer effective September 29, 2026, tasking him with leading the company's fully integrated commercial, product, supply chain and manufacturing operations.

Fryer arrives from Unrivaled Teamwear's Hanesbrands carve-out

Fryer most recently served as President of Unrivaled Teamwear, a carve-out from Hanesbrands that operates the Champion Teamwear, Gear for Sports and Knights Apparel brands. His background spans activewear, teamwear and collegiate-channel businesses.

North Canton, Ohio – – September 29, 2026 -- The Timken Company has completed the sale of its belts business assets to Gates Industrial Corporation Ltd. (NYSE: GTES), marking a strategic exit from the belts manufacturing segment. Financial terms of the transaction were not disclosed.

Divestiture targets 2028 margin goals for Timken's Industrial Motion segment

Timken President and CEO Lucian Boldea called the sale "an important milestone in achieving our stated 2028 margin targets," noting the move allows the company to concentrate on its core advanced motion technology capabilities. The divested unit produced a broad line of belts for industrial, commercial and consumer applications.

Dallas – – September 29, 2026 -- ATI Inc. (NYSE: ATI) will hold an Investor Day livestream on Thursday, September 29, 2026, running from 12:30 PM to 3:00 PM ET, during which company leaders will present new financial and strategic targets.

ATI leaders will detail transformation progress and competitive positioning

Executives are set to outline the company's transformation to date, its competitive advantages, and profitable growth opportunities across its core end markets. The session will conclude with the unveiling of new corporate targets, giving investors updated benchmarks against which to measure ATI's performance.

Copenhagen – September 25, 2026 -- H. Lundbeck A/S will relocate its US headquarters from Deerfield, Illinois, to Greater Boston, Massachusetts, establishing a global innovation hub in the region over the next year.

Lundbeck ties the move to the next phase of its Focused Innovator strategy

The Danish biopharmaceutical company said the relocation supports plans to scale its growing neuroscience portfolio, expand innovation opportunities and build out digital and AI capabilities. Charl van Zyl, President and CEO of Lundbeck, said the US has been a key driver of the company's commercial progress over the past three years, during which Lundbeck delivered growth, transformed its pipeline and applied disciplined capital allocation.

New Delhi – September 25, 2026 -- Comviva has appointed Jeet Singh as Global Head of Strategy, Transformation and Alliances, tasking him with expanding the digital services provider into developed markets and new industry verticals under its "Comviva 2.0" growth agenda.

Singh arrives from Tech Mahindra's AI business leadership role

Singh joins Comviva from Tech Mahindra, where he most recently served as Global Business Head of the AI business. His mandate at Comviva spans strategic transformation, global alliances, and market expansion.

Comviva CEO ties hire to AI-led transformation across product lines

Comviva CEO Rajesh Chandiramani said Singh's experience building businesses and converting emerging technology into enterprise value will accelerate the company's Comviva 2.0 agenda, strengthen global partnerships, and drive AI-led transformation across its product businesses and markets.

Kista, Sweden – September 24, 2026 -- Sivers Semiconductors AB (STO: SIVE) has restructured senior leadership across its Wireless and Photonics divisions, appointing two external executives and reassigning two founders as the company pushes toward broader commercialization of its RF and laser technologies.

Marc Pegulu takes over as Managing Director of Wireless effective September 28, 2026

Pegulu brings more than 25 years of experience in RF, wireless and mixed-signal product businesses, including P&L leadership roles at Semtech and Qorvo. He replaces Harish Krishnaswamy, who co-founded MixComm, the RF beamforming company Sivers acquired in 2021.

Krishnaswamy shifts to newly created Chief Strategy Officer role

In his new position, Krishnaswamy will oversee corporate strategy, M&A and new business development, drawing on his prior technology and business development experience at Sivers.

New York – September 24, 2026 -- People Incorporated (NASDAQ: PPLI) has withdrawn its proposal to acquire all public shares of MGM Resorts International, ending a bid to take the casino and hospitality operator private.

Diller cites unresolved deal terms as reason for retreat

Chairman and Senior Executive Barry Diller said the company "didn't feel the mix was coming together" as hoped and opted against pursuing a going-private transaction at this time.

People Incorporated retains 27% stake worth 66.8 million shares

The company confirmed it continues to hold 66.8 million MGM Resorts shares, representing approximately 27% of the company, and expressed continued confidence in MGM management and its business outlook.

Tokyo – September 24, 2026 -- TOYO Co., Ltd (Nasdaq: TOYO; OTC: TOYWF) will host its 2026 Analyst Day via live webcast on Tuesday, September 24, 2026, starting at 10:30 AM ET and concluding around 12:00 PM ET.

TOYO to brief analysts on vertical integration strategy across the solar supply chain

Management will use the session to outline the Company's strategy, current market trends, and expansion plans. TOYO has positioned itself as a vertically integrated solar manufacturer, spanning upstream wafer and silicon production, midstream solar cell manufacturing, and downstream photovoltaic module output.

Chicago – September 22, 2026 -- Charter Next Generation (CNG), a North American material science solutions provider, has named Todd Herndon as Chief Financial Officer, bringing more than 35 years of financial, commercial, and operational leadership experience to the role.

Herndon joins from Consilio, a global legal technology and enterprise legal services firm, where he served as CFO

His prior leadership roles include positions at Diversey, now part of Solenis; Gardner Denver, now part of Ingersoll Rand; and Capital Safety. Herndon began his career at S.C. Johnson & Son, Inc. and has worked extensively with private equity firms including KKR, Bain Capital, CD&R, and Stone Point Capital.