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Sverica Capital Management Announces Sale of Coastal to Tata Consultancy Services for $700 Million

AUSTIN, Texas--(BUSINESS WIRE)--Sverica Capital Management LP ("Sverica") announced today the sale of its Fund V portfolio company Coastal Cloud Holdings, LLC (“Coastal” or the "Company") to Tata Consultancy Services Limited (or "TCS") for $700 million. This marks the culmination of a five-year successful partnership with Coastal, during which the Company more than quadrupled in size while maintaining best in class profitability and solidified its market leadership as one of the largest and fas...
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Red River Bank and Federal Home Loan Bank of Dallas Celebrate $12M in Grants for Affordable Housing, Disaster Recovery and Economic Development

METAIRIE, La.--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas) and Red River Bank are celebrating a milestone: $12 million in FHLB Dallas grants delivered over 25 years to support affordable housing, disaster recovery and economic development in communities across Louisiana. “These grants have allowed us to support affordable housing, help families and businesses rebuild after disasters and invest in long-term economic growth across Louisiana,” said Jannease Seastrunk, senio...
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Bristol Myers Squibb Announces Dividend Increase

PRINCETON, N.J.--(BUSINESS WIRE)--Bristol Myers Squibb Announces Dividend Increase...
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BrightView to Participate in CJS Securities 2025 Virtual NDR

BLUE BELL, Pa.--(BUSINESS WIRE)--BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, today announced that members of its management team will participate in the following investor event: CJS Securities 2025 Virtual NDR Date: Friday, December 12, 2025 Location: Virtual Format: One-on-one/Small Group Meetings Attendees: Dale Asplund, President and Chief Executive Officer; and Brett Urban, Executive Vice President, Chief Financial Officer...
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McGraw Hill, Inc. Announces Further Deleveraging with Additional $50 Million of Debt Reduction

COLUMBUS, Ohio--(BUSINESS WIRE)--McGraw Hill, Inc. (NYSE: MH) (“McGraw Hill” or the “Company”) today announced that it has further strengthened its balance sheet with a $50 million prepayment of principal under its outstanding term loan facility (the “Term Loan”). This prepayment is in addition to the Company’s $150 million prepayment of principal under the Term Loan in October 2025. Year-to-date, McGraw Hill has made principal payments under the Term Loan of $592 million, reflecting the Compan...
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Annaly Capital Management, Inc. Announces 4th Quarter 2025 Common Stock Dividend of $0.70 per Share

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Announces 4th Quarter 2025 Common Stock Dividend of $0.70 per Share...
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Jackson Awards $730,000 in Grants to Nonprofits Across Lansing, Nashville and Chicago

LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.i (NYSE: JXN), today announced it has awarded $730,000 to nonprofits serving the communities where Jackson has offices: Lansing, Michigan; Nashville, Tennessee; and Chicago, Illinois. These grants will fund a variety of initiatives led by the nonprofit recipients, including a senior meal kit program, career development for young adults and a grocery delive...
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Universal Corporation Closes $1.4 Billion Credit Facility Refinancing

RICHMOND, Va.--(BUSINESS WIRE)--Universal Corporation (NYSE:UVV) (“Universal” or the “Company”), a leading global business-to-business agriproducts company, today announced it has successfully entered into a new bank credit agreement. The credit agreement, which became effective on December 9, 2025, established a $1.4 billion senior unsecured credit facility (the “2025 Facility”) that consists of a five-year $780 million committed revolving credit facility, a funded $275 million five-year term...
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Cerus Corporation Announces Group Purchasing Agreement with Blood Centers of America

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) announced today that it has entered into a group purchasing agreement with Blood Centers of America (BCA), the largest blood supply cooperative in the U.S. BCA member blood centers produce approximately half of the U.S. platelet and cryoprecipitate supply. The agreement covers Cerus’ entire INTERCEPT product line. Under this agreement, Cerus will partner with BCA to drive expanded access to pathogen reduction technology for plat...
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Nutrien Completes Sale of Equity Position in Profertil S.A.

SASKATOON, Saskatchewan--(BUSINESS WIRE)--Nutrien Ltd. (TSX and NYSE: NTR) announced today that it has completed the sale of its 50 percent equity position in Argentina-based nitrogen producer Profertil S.A. (Profertil) to Adecoagro S.A. and Asociacion de Cooperativas Argentinas Coop Ltda through a joint acquisition. Total proceeds from the sale on a pre-tax basis are approximately US$600 million. “Closing the sale of our equity stake in Profertil demonstrates continued progress towards simplif...