Merger & Acquisition News

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”) today announced that WMC’s board of directors has determined in good faith, after consultation with its financial advisors and outside legal counsel, that the unsolicited proposal from AG Mortgage Investment Trust, Inc. (NYSE: MITT)(“MITT”) to acquire WMC is reasonably expected to lead to a “Parent Superior Proposal” within the meaning of WMC’s merger agreement with Terra Property Trust, Inc. (“TPT...

HINSDALE, Ill.--(BUSINESS WIRE)--CountryWide Transportation, Inc. Acquired by Dynamic Female Entrepreneurs Who Aim to Empower Excellence in Third-Party Logistics and Transportation...

ST. LOUIS--(BUSINESS WIRE)--BMC Enterprises Inc. (BMC), the largest producer of aggregates and concrete in the St. Louis region, has completed acquisitions of Raineri Building Materials, Eureka Materials and Blue Grass Ready Mix within the last three months. The new additions increase BMC’s holdings in three verticals, including aggregates, ready mix concrete and concrete products. BMC will now manufacture construction materials at more than 70 facilities in Missouri, Illinois and Arkansas. As...

NASHVILLE, Tenn.--(BUSINESS WIRE)--Urgent Care Group (UCG), a leading urgent care company based in Nashville, announces the acquisition of ParkMed Urgent Care near Maryville, TN. ParkMed Urgent Care is conveniently located at 117 Gill Street, Alcoa, TN 37701, next to Kroger. ParkMed Urgent Care has been providing urgent care, preventative care, and occupational health services to the greater Knoxville and Blount County communities since 1989. The ParkMed Urgent Care addition complements UCG and...

ALEXANDRIA, Va.--(BUSINESS WIRE)--Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, is pleased to announce that its Healthcare Leveraged Lending Group closed a strong first half of 2023, providing approximately $1 billion of commitments across 13 new platform investments and supporting multiple follow-on investments by portfolio companies. Select transactions completed in H1-2023 include: June...

SAN DIEGO--(BUSINESS WIRE)--MEI Pharma, Inc. (NASDAQ: MEIP) (the “Company”) today issued the following statement in response to the Consent Solicitation launched by Anson Advisors Inc. and Cable Car Capital LLC on July 17, 2023: Anson and Cable Car have launched a process, called a consent solicitation, in an attempt to take control of the Company by removing MEI’s directors. The consent solicitation further seeks to have MEI repeal any amendment to our bylaws since February 22, 2023 and preven...

NEW YORK--(BUSINESS WIRE)--Audax Private Debt (“Audax”) announced that, as Administrative Agent and Lead Arranger, it provided a unitranche credit facility to support Incline Equity Partners (“Incline”) in their acquisition of GME Supply Co. (“GME” or the “Company”), a leading omni-channel distributor of fall protection, safety, and productivity equipment. Founded in 2005 and headquartered in Columbia, MO, GME supplies a comprehensive selection of fall protection, rigging materials, workwear, a...

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Waverly Advisors has partnered with Gwynn Management Company in Atlanta. This is Waverly’s second acquisition in four weeks and its third of 2023....

DENVER--(BUSINESS WIRE)--Newmont Announces Canadian Competition Bureau Clearance for Acquisition of Newcrest...

TOLEDO, Ohio & MUNICH--(BUSINESS WIRE)--NAMSA, a world-leading MedTech Contract Research Organization (CRO) offering global end-to-end development services, announced today its acquisition of CRI - The Clinical Research Institute, a German-based full service CRO. Founded in 2011, CRI’s mission is to provide the European MedTech market complete clinical research solutions to accelerate scientific outcomes to their clients. Their team of researchers utilize their vast expertise across all areas o...