Merger & Acquisition News

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced the filing of definitive proxy materials with the U.S. Securities and Exchange Commission (the “SEC”) in connection with DHC’s pending merger with Office Properties Income Trust (Nasdaq: OPI). The DHC Board of Trustees unanimously recommends that shareholders vote “FOR” the proposal to approve the merger agreement with OPI. The DHC Board believes that the merger is the best available opportunity for long...

SAN DIEGO--(BUSINESS WIRE)--Lowe and Real Capital Solutions acquire Westfield Mission Valley, 1.1 M square foot open air retail center in San Diego...

WESTWOOD, Mass. & NEW YORK--(BUSINESS WIRE)--Chase Corporation (“Chase” or the “Company”) (NYSE American: CCF), a leading global manufacturer of protective materials for high-reliability applications across diverse market sectors, today announced that it has entered into a definitive agreement to be acquired by an affiliate of investment funds managed by KKR, a leading global investment firm (as applicable, “KKR”). The all-cash transaction is valued at approximately $1.3 billion, including the...

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) and Sinqia (B3: SQIA3) (“Sinqia”) today jointly announced a definitive agreement for Evertec to acquire Sinqia, a leading player in the market of software for financial services in Brazil for consideration with a value of R$27.19 per share, increased by a customary daily “ticking fee” of up to R$1.00 per share depending on the timing of the closing, subject to certain limited exceptions....

RICHMOND, Va.--(BUSINESS WIRE)--Bowlero Corp. (NYSE: BOWL), the global leader in bowling entertainment, announced today they have entered into a definitive agreement to acquire Mavrix and Octane Raceway in Scottsdale, Arizona. This transaction is expected to close at the end of August 2023, and will be funded through an all cash transaction. The acquisition of Mavrix and Octane Raceway will mark the company’s 19th and 20th locations in Arizona. Mavrix is an entertainment destination showcasing...

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence and Rambus have entered into a definitive agreement for Cadence to acquire the Rambus SerDes and memory interface PHY IP business....

SAN DIEGO--(BUSINESS WIRE)--C3 Risk & Insurance Services, a prominent firm in San Diego, is delighted to announce its merger with Private Management Insurance Agency (PMIA) and Clark Insurance Agency, both created and led by industry veteran Matt Clark. This strategic partnership marks an important milestone in C3's pursuit to establish a best-in-class firm that will create a lasting legacy in San Diego and throughout Southern California and offer a comprehensive suite of services to its cl...

SAN DIEGO--(BUSINESS WIRE)--Intersection Equities and Equity Resource Investments Acquire Las Vegas Industrial Park for $25.5M...

HOUSTON--(BUSINESS WIRE)--Oxland Group today announced the acquisition of 1,860 acres of land to be developed in the heart of Montgomery County, Texas....

NEW YORK--(BUSINESS WIRE)--FullBeauty Brands, a first mover in inclusive sizing, and proudly inclusive since 1901, today announced that it has acquired CUUP, a U.S.-based digitally native size-inclusive intimates brand that aims to disrupt the category by creating intimates that are made to accentuate consumers’ natural form – and bring confidence, comfort, and stylish support. CUUP also has a special focus on the underserved large bra cup market, with the style and technical expertise to deliv...