I've not been looking really there, most of my thoughts have been around the commercial real estate market and media entertainment private equity companies.

Giphy, could (total spitballing here) could be a company that was a bit overvalued in VC terms, and might not have consistent cash flows and solid fundamentals where an acquisition makes sense to take their money off the table now. There might be others.

Or this marriage has been in the works since December and just got pushed through now. Strange times.

Public markets (especially SP500) don't really reflect impact to small companies. There's a ton of constantly amplifying risk and bleed happening all over, it's just not evenly distributed.