News by subject: Merger/Acquisition

TESSCO TECHNOLOGIES INCORPORATED today reported financial results for its fiscal year 2023 fourth quarter, ended March 26, 2023. Fourth-Quarter and Full Fiscal Year 2023 Financial Highlights (all from continuing operations): Fiscal year 2023...

ConocoPhillips today announced that it is exercising its preemption right to purchase the remaining 50% interest in Surmont from TotalEnergies EP Canada Ltd. for approximately $3 billion (CAD$4 billion), subject to customary adjustments, as well as...

Sisecam Resources LP ("Partnership" or "Sisecam") and Sisecam Chemicals Resources LLC ("SCR") today announced that the transaction contemplated by the Agreement and Plan of Merger dated as of February 1, 2023 (the "Agreement") by and among the...

GigCapital5, Inc. ("GigCapital5" or the "Company") , a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of entering into a merger, capital stock exchange, asset acquisition,...

Office Properties Income Trust today announced that it has commenced the implementation of its financing strategy for its merger with Diversified Healthcare Trust with the closing of a $30.7 million loan secured by a 266,000 square foot, 100%...

New Found Gold Corp. ("New Found") reports that on May 25, 2023 (the "Closing Date"), it acquired control of 28,612,500 common shares (each, a "Kirkland Share") in the capital of Kirkland Lake Discoveries Corp. ("Kirkland") as consideration pursuant...

Vahanna Tech Edge Acquisition I Corp. ("Vahanna" or the "Company"), a special purpose acquisition company, announced today that, on May 24, 2023, its sponsor, Vahanna LLC, timely deposited an aggregate of $660,330 (the "Extension Payment"),...

Ørsted, the U.S. leader in offshore wind energy, announced it has signed an agreement to acquire Eversource Energy's 50 percent interest in the uncontracted federal offshore wind lease area currently owned jointly by the two companies. In addition to...

Inszone Insurance Services, a rapidly growing national provider of benefits, personal, and commercial lines insurance, announced today that it has acquired Citizens General Insurance Brokers, Inc, located in Auburn, CA. Citizens General Insurance...

ShopOne Centers REIT Inc. ("ShopOne"), a fully integrated U.S. grocery-anchored shopping center investment, management and operating platform, together with its joint venture ("JV") partners, Pantheon and a leading global institutional investor,...

Outdoor Living Supply ("OLS"), a distribution platform for outdoor living products with a focus on hardscapes, announced today the acquisition of C&R Stone World Inc., Stoneworld Utah L.L.C. and Cedar Stone Supply, Inc. (collectively, "Stoneworld" or...

Five Star Parks & Attractions, one of the leading owners and operators of family entertainment centers in the country, proudly announces its recent acquisition of two Fun Land locations in Northern Virginia. This strategic move marks an exciting...

CorEnergy Infrastructure Trust, Inc. ("CorEnergy" or the "Company") today announced entry into a definitive agreement to sell its MoGas and Omega pipeline systems ("MoGas System") to Spire Inc. for approximately $175 million in cash, subject to...

Stratasys Ltd. ("Stratasys") and Desktop Metal, Inc. ("Desktop Metal") today announced that they have entered into a definitive agreement whereby the companies will combine in an all-stock transaction valued at approximately $1.8 billion. The...

Stratasys Ltd. ("Stratasys") and Desktop Metal, Inc. ("Desktop Metal") today announced that they have entered into a definitive agreement whereby the companies will combine in an all-stock transaction valued at approximately $1.8 billion. The...

inDrive, a global mobility and urban services platform, is strengthening its B2B segment offering by introducing new solutions in inDrive.Freight and inDrive.Couriers delivery verticals. inDrive will broaden its offering through expanding the team...

KKR, a leading global investment firm, today announced that KKR's European real estate platform has agreed to acquire a high-quality portfolio of thirty residential properties in Finland (the "Portfolio") from Kruunuasunnot. The Portfolio comprises...

Tradeweb Markets Inc. , a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced that it has entered into a definitive agreement to acquire Yieldbroker, a leading Australian trading platform...

FG Merger Corp. , a special purpose acquisition company, announced today that, on May 24, 2023, it notified the trustee of the Company's trust account of its intention to extend (the "Extension") the time available to the Company to consummate its...

Four Corners Property Trust , a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the signing of a definitive...

Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a medical office property in the Dallas-Fort Worth Metroplex. The new, 12,144 square-foot building, tenanted by Willow Park Endoscopy...

Edmonton State Bank, a subsidiary of Edmonton Bancshares, Inc., and Sumner Bank & Trust, a Gallatin, Tennessee based bank which is a subsidiary of Sumner Financial Corporation, have announced an agreement to merge. The merger of Sumner Bank & Trust...

Priority Technology Holdings, Inc. ("Priority"), a leading platform for unified commerce that delivers integrated payments and banking at scale, announced today that it has entered into a definitive agreement ("the Purchase Agreement") as the...

The Futurum Group has agreed to acquire innovative B2B marketing services firm Visible Impact. Visible Impact's expertise in sales and marketing extends The Futurum Group's ability to support clients through the entire go-to-market process, from...

Xylem Inc. , a leading global water technology company ("Xylem" or "the Company"), today announced it has completed its acquisition of Evoqua Water Technologies Corp. ("Evoqua"), a leader in mission-critical water treatment solutions and services, in...

OneSeven, a trailblazing wealth management firm specializing in supporting advisors with life-changing opportunities, today announced the successful acquisition of TruClarity Wealth Advisors, a renowned registered investment adviser (RIA) managing...

Fashion apparel retailer Express, Inc. , announced its financial results for the first quarter of 2023. These results, which cover the thirteen weeks ended April 29, 2023, are compared to the thirteen weeks ended April 30, 2022. "In January, we...

Duraco Specialty Materials ("Duraco" or "Company"), a leading manufacturer of specialty materials including pressure sensitive tapes and labels, coated films, and release liners, announced today that it has acquired Strata-Tac, Inc. ("Strata-Tac"), a...

Ennis, Inc. (the "Company"), , announced its acquisition of the real estate and operating assets of Stylecraft Printing Company in Canton, Michigan. Stylecraft is a trade only printer since 1967 specializing in business forms, integrated products and...

Roth CH Acquisition IV Co. ("Roth CH IV" or "ROCG"), a publicly-traded special purpose acquisition company, today announced the completion of its business combination (the "Business Combination") with Tigo Energy, Inc. ("Tigo", or the "Company"), a...

Ryan Specialty , a leading international specialty insurance firm, is pleased to announce that it has signed a definitive agreement to acquire Socius Insurance Services ("Socius"), a national wholesale insurance broker headquartered in Northern...

Generational Capital Markets (GCM) Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client RSD Supply, Inc. to Field Industries. The deal closed on May 15, 2023....

Preludd Payment Services, a leading player in the instore payment industry, has strengthened its service offering and entered the Global market by acquiring Amadis. Preludd Payment Services, has completed the acquisition of Amadis, a leading...

Inszone Insurance Services: a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced today the acquisition of Specialty Contractors Insurance Services. Established in 1998 by Michelle Masters, Specialty...

Doma Holdings, Inc. ("Doma"), a leading force for disruptive change in the real estate industry, and Williston Financial Group ("WFG"), a Portland, Oregon-based, full-service provider of title insurance, underwriting and escrow services for...

Pompano Resource Transformation ("Pompano"), a wholly-owned subsidiary of XMC Strategies, today announced that it has acquired a Gulf Coast oil asset, including 33 operated oil wells, from Paloma Natural Gas, LLC, which is owned in part by...

Sentinel Real Estate Corporation ("Sentinel") today announced that it has acquired La Via Apartments, a recently completed 281-unit mid-rise apartment community in Petaluma, California. Sentinel purchased the property from the sponsor, The Spanos...

Worldwide Logistics Group (WWL), a global integrated logistics provider, proudly announces the successful acquisition of P. W. Bellingall, Inc. (PWB), a renowned customs brokerage house based in San Francisco. This milestone marks WWL's first-ever...

The Mather Group, LLC (TMG), a wealth management firm with 15 offices across the country and more than $11.7 billion in combined assets under management (AUM) and assets under advisement (AUA) as of 4/30/23, has announced its acquisition of Clear...

Delta Chemical Corp., based in Jefferson, LA, has been acquired by Water Engineering. Delta will join the Water Engineering platform and compliment WEI's expanded footprint in water treatment solutions across 34 states. Owners Ross Heidingsfelder and...

Bowlero Corp. , the global leader in bowling entertainment, announced today that it has completed the acquisition of Paradise Lanes Entertainment Center in the state of Washington. Paradise Lanes Entertainment Center is located in Tacoma, WA, 32...

Flat Footed LLC (together with its affiliates, "FFL") owns approximately 7.4% of the outstanding common shares of Diversified Healthcare Trust ("DHC" or the "Company"), making it one of the Company's largest shareholders. Today, FFL issued the below...

NAI Group ("NAI"), a global leader in the engineering and manufacturing of advanced high-performance interconnect solutions for mission-critical industrial technology, medical, and telecommunications applications, today announced it has acquired KSM...

Cummins Inc. today announced it has entered into a definitive agreement with Faurecia, a company of the FORVIA Group, to purchase two of Faurecia's commercial vehicle manufacturing plants and their related activities for EUR142 million. The...

OriginClear Inc. , the Clean Water Innovation Hubtm, announces that its subsidiary Water On Demandtm (WODI) recently entered into a Memorandum of Understanding (MOU) to acquire an established international SaaS (Software as a Service) Developer...

RenaissanceRe Holdings Ltd. ("RenaissanceRe") today announced it has entered into a definitive agreement with American International Group, Inc. ("AIG"), whereby RenaissanceRe will acquire AIG's treaty reinsurance business, which includes Validus...

Core & Main Inc. , a leader in advancing reliable infrastructure with local service, nationwide, has entered into a definitive agreement to acquire substantially all of the assets of Foster Supply Inc. and R.P. Foster Inc., collectively, Foster...

Anser Advisory, the 14th largest program management firm according to ENR, the second fastest growing AE firm according to Zweig Group, and an Energage Top Workplaces USA organization, is pleased to announce its acquisition of Gafcon Digital, the...

Intelligent Medical Objects (IMO), a leading provider of clinical terminology management and data quality solutions for healthcare, announced today that it has acquired Melax Technologies, Inc. (Melax Tech). Melax Tech empowers the healthcare and...

Entravision announced today that it has completed the acquisition of BCNMonetize, a leading global mobile app marketing solutions company headquartered in Barcelona. BCNMonetize provides mobile user acquisition, retention strategies and customer...