Merger & Acquisition News

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, today announced the acquisition of Univercells Technologies, a global producer of innovative biomanufacturing solutions for cell and gene therapy research, development and commercial manufacturing. Univercells Technologies’ product offering includes the unique scale-X™ single-use structured fixed-bed bioreactor for the intensified production of viruses...

LOS ANGELES--(BUSINESS WIRE)--Alcott Enterprises is pleased to announce its acquisition of Shadow Systems, a family-owned, award-winning, national I.T. service provider based in Southern California. Founded by Bill Yount in Southern California in 1999, Bill and his son Mathew Yount and their team worked in a lifelong partnership on systems integration, troubleshooting, and installing all computer systems. Shadow Systems provides I.T. systems, services, and consulting support to several U.S. Gov...

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software Corporation (NASDAQ: ABST) (TSX: ABST) (“Absolute” or the “Company”) is pleased to announce that its Securityholders (as defined below) have approved the acquisition of all of the outstanding shares of the Company (the “Shares”) by 1414364 B.C. LTD., an affiliate of Crosspoint Capital Partners, L.P. (“Crosspoint”), by way of a statutory plan of arrangement (the “Transaction” or the “Arrangement”) at the special m...

AUSTIN, Texas--(BUSINESS WIRE)--NI (Nasdaq: NATI) (“NI” or the “Company”) announced that at NI’s Special Meeting of Stockholders (the “Special Meeting”) held earlier today, the Company’s stockholders voted to adopt the proposed Agreement and Plan of Merger (the “merger agreement”), whereby NI will be acquired by Emerson (NYSE: EMR). As previously announced, under the terms of the merger agreement, NI stockholders will receive $60 per share in cash for every share of NI common stock they own imm...

IRVINE, Calif.--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as exclusive financial advisor to FlutterHabit (or the “Company”) in its sale to Gauge Capital. Based in Lenexa, Kansas, FlutterHabit is a leading direct-to-consumer eCommerce provider of premium beauty products. The Company’s highly differentiated eyelash extensions are available in a variety of styles and are primarily sold online as well as in select retail stores. The Company has been at the forefront of...

EXTON, Pa. & SEATTLE--(BUSINESS WIRE)--Immunome (Nasdaq: IMNM), a biopharmaceutical company utilizing a proprietary human memory B-cell platform to discover and develop antibody therapeutics to improve patient care, and Morphimmune, a private biotechnology company focused on developing targeted oncology therapeutics, today announced that they have entered into a definitive merger agreement. The Boards of Directors of both companies have approved the all-stock transaction. The combined company,...

NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today the completion of the previously announced merger whereby affiliates of Centerbridge Partners, L.P. (“Centerbridge”), a global private investment firm with deep experience in real estate, and GIC, a global institutional investor, have acquired all of the outstanding shares of INDUS’ common stock in an all-cash transaction valued at approximately...

BOSTON & BASEL, Switzerland--(BUSINESS WIRE)--Ironwood Pharmaceuticals, Inc. (“Ironwood”) (Nasdaq: IRWD), a GI-focused healthcare company, and VectivBio Holding AG (“VectivBio”) (Nasdaq: VECT), a global clinical-stage biopharmaceutical company pioneering novel, transformational treatments for severe rare gastrointestinal conditions, today announced the successful completion of the tender offer to purchase the outstanding ordinary shares of VectivBio (the “Shares”) for $17.00 per share in cash (...

SAN DIEGO--(BUSINESS WIRE)--MEI Pharma, Inc. (NASDAQ: MEIP) (the “Company”) today issued the following letter to shareholders reiterating the Board of Directors recommendation to vote FOR the pending transaction with Infinity Pharmaceuticals, Inc. (Nasdaq: INFI) (“Infinity”) in connection with the Company’s special meeting on July 14, 2023: Dear Fellow MEI Shareholders, The special meeting of shareholders at which you will have the opportunity to vote FOR our pending transaction with Infinity P...

FRISCO, Texas--(BUSINESS WIRE)--Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced a definitive agreement to acquire the entities comprising Tennessee Quality Care, a provider of home health, hospice, and private duty nursing services. Tennessee Quality Care serves an average daily census of approximately 1,800 patients through 17 locations covering a service area of over 50 counties in Tennessee. Addus expects to close the transaction in the third quar...