Phillips 66 has agreed to acquire EPIC NGL for $2.2 billion in cash, a move aimed at strengthening its natural gas liquids portfolio. The acquisition was confirmed in multiple reports, indicating a 0.1% increase in Phillips 66's stock following the announcement. Additionally, Stryker Corporation (SYK) has agreed to acquire Inari Medical (NARI) for $4.9 billion, offering $80 per share, which represents a 69% premium over NARI's closing price of $65 per share on the previous trading day. This transaction has resulted in a 2% decline in Stryker's stock, while NARI's shares surged by 22% in response to the deal.