Merger & Acquisition News

PALO ALTO, Calif.--(BUSINESS WIRE)--GigCapital5, Inc. (“GigCapital5” or the “Company”) (NASDAQ: GIA), 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, stock purchase reorganization or similar business combination with one or more businesses or entities, today announced that its stockholders approved an extension of the date by which it has to consummate...

TORONTO--(BUSINESS WIRE)--Lithium Royalty Corp. (TSX: LIRC) (“LRC”, “we”, “us”, or “our”) is disclosing that LRC has proposed a non-binding all-cash offer to the Board of Directors (the “Board”) of TNR Gold Corp. (TSXV: TNR) (“TNR”), to acquire all of the common shares of TNR. In our proposal to the TNR Board, LRC offered to acquire all the outstanding common shares of TNR for cash consideration of C$0.08 per TNR common share (the “Proposed Transaction”). The Proposed Transaction, submitted to...

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced it had entered into a definitive purchase agreement to acquire Tulsa, Oklahoma based Excellence Engineering, LLC (“EEI”), a leading full-service provider of engineering, procurement, project management, and automation services to clients operating in and supporting the petrochemical, hydrogen, industrial and electric vehicle industries. Established in 2001 by current president...

NEW YORK--(BUSINESS WIRE)--Blue Apron (Nasdaq: APRN) (the “Company”), the pioneer of the meal kit industry in the United States, today announced that it has entered into a definitive merger agreement to be acquired by Wonder Group (“Wonder”), a company founded by entrepreneur Marc Lore that is redefining at-home dining and food delivery. Under the terms of the merger agreement, which has been unanimously approved by Blue Apron’s Board of Directors, Blue Apron stockholders will be entitled to re...

MCLEAN, Va.--(BUSINESS WIRE)--Mars, Incorporated (“Mars”) today announced that it has completed its previously announced acquisition of the assets of SYNLAB Vet from SYNLAB Group (FSE: SYAB). SYNLAB Vet is now part of Mars Petcare’s Science & Diagnostics division, enabling broader coverage across diagnostics and technology, while accelerating R&D and expanding access globally to pet healthcare solutions. Nefertiti Greene, President, Mars Science & Diagnostics said: “We are excited t...

VICTORIA, British Columbia--(BUSINESS WIRE)--Tiny Ltd. (“Tiny” or the “Company”) (TSXV: TINY), a Canadian technology holding company, today completed a majority acquisition of Letterboxd, a global social platform for film discovery and discussion. Letterboxd’s founders will continue to lead the business independently while leveraging their partnership with Tiny to accelerate the platform’s growth as it continues to scale. Letterboxd Founded in 2011 by film fans Matthew Buchanan and Karl von Ran...

BARCELONA, Spain & NEW YORK--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and Cellnex Telecom (“Cellnex”), Europe’s largest independent operator of wireless telecommunications infrastructure, have reached an agreement for Stonepeak to acquire a 49% interest in Cellnex Sweden and Cellnex Denmark (“Cellnex Nordics”) for EUR 730 million, equivalent to a multiple of 24x 2024E EBITDAaL. Cellnex will continue to manage the day-to-da...

MONS, Belgium--(BUSINESS WIRE)--I-care Group, world leader in machine health, announces the acquisition of Cepya Electronics, which specialises in the development and production of electronic cards. I-care intends to double Cepya Electronics' production capacity and thus become Belgium's leading manufacturer of industrial connected objects. With this sixth acquisition in six years, I-care confirms its vertical integration strategy and strengthens its position as world leader in industrial digit...

LOS ANGELES--(BUSINESS WIRE)--RBB Bancorp (NASDAQ:RBB) announced today that, effective September 28, 2023, Gateway Bank, F.S.B. announced that it and RBB Bancorp have mutually agreed to terminate the definitive agreement originally entered into on December 28, 2021. Neither party has or will have any liability or pay any penalty to the other party as a result of the termination, and each party has released the other from any and all claims related to the definitive agreement or the transactions...

RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today announced a definitive agreement to acquire substantially all the assets of Fassio Egg Farms, Inc. (“Fassio”), related to its commercial shell egg production and processing business. The assets to be acquired, subject to the completion of this transaction, include commercial shell egg production and pro...