This week we discuss:

• A big spike in M&A activity last week with six new deals announced including the acquisition of Sketchers (SKX) by the Brazilian PE firm 3G Capital
• The Beacon Roofing Supply - QXO (QXO) deal reaching the finish line
• A downward revision in the amount of consideration Akoya Biosciences (AKYA) investors will receive when Quanterix (QTRX) acquires them
• The confirmation of a rumored deal when Merck KGaA announced the acquisition of SpringWorks Therapeutics (SWTX)
• Sony Group's (SNE) decision to spinoff its semiconductor business
• The chapter 11 bankruptcy of Weight Watchers
• Large stock buybacks by GoDaddy (GDDY), Align Technology (ALGN), Lyft (LYFT) and Turtle Beach (TBCH)
• A potential double dipper situation with Select Medical Holdings (SEM) where the company intends to buyback stock and insiders are also buying stock at the same time
• A rare insider purchase of Tesla (TSLA) by its Director Joseph Gebbia, who is also a co-founder of Airbnb (ABNB)
• An unusual situation where a director of a company in the middle of an acquisition, Alumis (ALMS), purchases shares
• Cluster buying by five different insiders of Organon (OGN)
• Insider buying by the CEO and a director of Pebblebrook Hotel Trust (PEB)
• Bill Ackman's new proposal to acquire $900 million worth of Howard Hughes' (HHH) stock at a big premium
• The biggest C-suite transition of the year with Buffett handing over the reins to Berkshire Hathaway (BRK.B) to Greg Abel
• A massive drop in the stock price of Compass Diversified (CODI) after the CEO of a subsidiary was terminated without severance

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Keywords:M&A, Berkshire, merger arbitrage, Warren Buffet,, insider buying, insider sales, buybacks, C-suite transitions, spinoffs, activists, management transitions, special situations, event-driven investing, markets, stocks