Merger & Acquisition News

MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) (“NiSource”) announced today the Federal Energy Regulatory Commission (FERC) granted approval of the acquisition of a 19.9% equity interest in the company’s Northern Indiana Public Service Company LLC (NIPSCO) subsidiary by an affiliate of Blackstone Infrastructure Partners (NYSE: BX). As previously announced, upon closing of the transaction, the Blackstone affiliate will acquire a 19.9% equity interest in NIPSCO Holdings II LLC, whi...

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”), a publicly traded residential mortgage REIT managed by AG REIT Management, LLC, an affiliate of Angelo, Gordon & Co., L.P. (“Angelo Gordon”), a leading $74 billion alternative investment firm, and Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”), jointly announced today that they have determined the final exchange ratio in accordance with the terms of the Agreement and Plan of Merger, dated as...

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”), a publicly traded residential mortgage REIT managed by AG REIT Management, LLC, an affiliate of Angelo, Gordon & Co., L.P. (“Angelo Gordon”), a leading $74 billion alternative investment firm, and Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”), jointly announced today that they have determined the final exchange ratio in accordance with the terms of the Agreement and Plan of Merger, dated as...

TAMPA, Fla.--(BUSINESS WIRE)--Masonite International Corporation ("Masonite") (NYSE: DOOR) today announced that its U.S. subsidiary has acquired Fleetwood Aluminum Products, LLC (“Fleetwood”), for $285 million in cash. Fleetwood is a leading designer and manufacturer of premium, aluminum-framed glass door and window solutions for luxury homes. Their products include multi-slide and pocket glass patio doors, pivot and hinged glass entry doors, and folding glass door wall systems, as well as acco...

NEW YORK--(BUSINESS WIRE)--The Boards of Trustees of Nuveen New Jersey Quality Municipal Income Fund (NYSE:NXJ) and Nuveen Quality Municipal Income Fund (NYSE:NAD) as well as Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) and Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announce the removal of a previously approved merger proposal from each funds’ upcoming shareholder meeting agenda. Previously, the Board of Trustees of each respective fund approved the merger of NXJ...

RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Completes Acquisition of Residence Inn by Marriott Seattle South/Renton...

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (“Banc of California”) (NYSE: BANC) and PacWest Bancorp (“PacWest”) (Nasdaq: PACW) today announced that the Board of Governors of the Federal Reserve System granted its approval of the previously announced combination of Banc of California and PacWest and their respective bank subsidiaries, Banc of California, N.A. and Pacific Western Bank. In addition, on October 5, 2023, the California Department of Financial Protection and Innovati...

DELRAY BEACH, Fla.--(BUSINESS WIRE)--DecisionPoint Systems, Inc. (NYSE American: DPSI), a mobility-first enterprise services and solutions company, announced today the completion of its rebranding process related to the acquisition of Advanced Mobile Group (AMG). The former AMG brand has been fully integrated into the DecisionPoint identity, reflecting the company's unified vision and strategy for the future. “This strategic acquisition has strengthened our brand and position as a leading provi...

AACHEN, Germany & NEW YORK--(BUSINESS WIRE)--Next.e.GO Mobile SE (“e.GO”) and Athena Consumer Acquisition Corp. (“Athena”) today announced the completion of their previously announced business combination (the “Business Combination”) among e.GO, Athena, Next.e.GO B.V., a wholly-owned subsidiary of e.GO to be converted into an N.V. at closing (“TopCo”), and Time is Now Merger Sub, Inc., a wholly-owned subsidiary of TopCo (“Merger Sub”). The listed company following the Business Combination is To...

BOULOGNE-BILLANCOURT, France--(BUSINESS WIRE)--Regulatory News: La Française des Jeux (FDJ) (Paris:FDJ), France’s leading gaming operator, announces its revenue for the nine months to end September 2023. Stéphane Pallez, Chairwoman and CEO of FDJ Group, said: “Our growth remains solid, with strong players’ demand, even though it has been affected by the low number of Euromillions high jackpot draws. At the same time, the completion of the acquisition of ZEturf at the end of September and the fo...