Deal Dispatch: SpaceX Ties Up With xAI, Kirin Sells Four Roses Bourbon, Billionaire's Mining Merger Collapses
- by Benzinga
- Feb 06, 2026
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New On The Block
I Squared Capital is considering options for its Asian data center business BDx, including a sale, according to Bloomberg. The price could be up to $2 billion.
Updates From The Block
Kirin Holdings agreed to sell the Four Roses bourbon brand to Modesto, California-based E. & J. Gallo Winery for an estimated $775 million (around 120 billion yen).
Genius Sports has agreed to acquire digital sports and gambling media company Legend for $1.2 billion, according to Sportico. The deal includes $900 million upfront—$800 million in cash and $100 million in stock—along with an earnout of up to $300 million over two years. Following the announcement, Genius’ stock dropped by 27%, closing at $6.19 per share. The acquisition will be financed with an $850 million loan, and the company expects its debt-to-EBITDA ratio to stay below 3x after the deal closes in Q2 2026.
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