Tampa Insurance Giant to Go Private in $7.7 Billion Michael Dell-Backed Deal
Shareholders will get $32.50 per share, an 88% premium, with the deal set to close in early 2027.
Shareholders will get $32.50 per share, an 88% premium, with the deal set to close in early 2027.
The buyer plans to add production capacity and pursue acquisitions as the manufacturer grows.
The deal includes Port Sutton and Port Manatee terminal operations and a 92-acre Tampa property.
The St. Petersburg brokerage paid $80 million in stock for its latest international expansion.
The deal adds data and AI capabilities to Imagenet’s health care payer operations.
Velocity will keep the KKR-backed lender’s headquarters and management team in Tampa.
FlightSafety’s Acron deal adds 300-plus full-flight simulators, but Clearwater’s impact is unclear.
The $53-a-share sale follows months of bidding for the Oldsmar boating company.
The combined company will keep the Woodie’s name while targeting more growth in Tampa Bay.
Winning a deal is only the start. The real risks emerge when diligence never reaches the contract.