Merger & Acquisition News
Discover the latest merger and acquisition news. Stay informed about new deals, strategic partnerships, and their impacts on market positions and business operations. Get insights into the reasons behind M&A activities and their financial implications.
Apr 18, 2023 at 8:00 AM
CCFNB Bancorp, Inc. and Muncy Bank Financial, Inc. Announce Strategic Merger of Equals
BLOOMSBURG, Pa. & MUNCY, Pa.--(BUSINESS WIRE)--CCFNB Bancorp, Inc. (OTCPK: CCFN) and Muncy Bank Financial, Inc. (OTCQB: MYBF) today jointly announced the signing of a definitive merger agreement to combine the two companies in a strategic merger of equals. The combined company would have approximately $1.6 billion in total assets, $1.2 billion of total deposits, $1 billion in total loans, and $144 million of combined shareholders’ equity based upon reported year end December 31, 2022 financial...
Apr 18, 2023 at 8:00 AM
Bowlero Corp. to Enter Tennessee with Agreement to Acquire Andy B’s
RICHMOND, Va.--(BUSINESS WIRE)--Bowlero Corp. (NYSE: BOWL), the global leader in bowling entertainment, announced today that it has entered into a definitive agreement to acquire Andy B’s in Tennessee. The completion of this acquisition will mark the Company’s first center in the state. “We are pleased to enter a new market, expanding our national footprint to 34 states,” said Thomas Shannon, Founder and CEO of Bowlero Corp. “We continue to pursue quality acquisitions, and Andy B’s is a signifi...
Apr 18, 2023 at 8:00 AM
Teton Merger Corp. Announces Extension of Tender Offers and Consent Solicitations for Senior Notes of TEGNA Inc.
NEW YORK--(BUSINESS WIRE)--Teton Merger Corp. (the “Company”) announced today that it is extending the Early Tender Date, the Withdrawal Deadline and the Expiration Date (each as discussed in further detail below) of its previously announced (i) cash tender offers (collectively, the “Tender Offer”) to purchase any and all of TEGNA Inc.’s (“TEGNA”) outstanding 4.750% Senior Notes due 2026 (the “4.750% Notes”), 4.625% Senior Notes due 2028 (the “4.625% Notes”) and 5.000% Senior Notes due 2029 (th...
Apr 18, 2023 at 7:00 AM
Tokens.com Makes Offer to Acquire Full Ownership of Metaverse Group
TORONTO--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse, and play-to-earn gaming, is pleased to announce that it has reached an agreement with the Board of Directors of Metaverse Group Ltd (“Metaverse Group”) to acquire all of the issued and outstanding shares from the minority shareho...
Apr 18, 2023 at 6:00 AM
Radiant Logic Finalizes Acquisition of Brainwave GRC
NOVATO, Calif.--(BUSINESS WIRE)--Radiant Logic's acquisition of Brainwave GRC will lead to a first-to-market identity data platform....
Apr 17, 2023 at 5:15 PM
CloudSoda Data Mover with Cost Analytics Launches as an Independent Company to Accelerate Growth
LOS ANGELES--(BUSINESS WIRE)--CloudSoda announced today that it will become an independent company, separating from its parent, Integrated Media Technologies, Inc. (IMT)....
Apr 17, 2023 at 5:00 PM
Nutrien Cautions Investors Regarding TRC Capital’s Below Market “Mini-Tender” Offer
SASKATOON, Saskatchewan--(BUSINESS WIRE)--Nutrien Ltd. (TSX and NYSE: NTR) has received notice of an unsolicited “mini-tender” offer made by TRC Capital Investment Corporation (“TRC Capital”) to purchase up to 1,000,000 Nutrien shares, or approximately 0.20% of Nutrien’s outstanding shares, at a price of C$93.89 per share. The offering price represents a discount of 4.49% and 4.40%, respectively, to the closing prices of Nutrien shares on the Toronto Stock Exchange and New York Stock Exchange o...
Apr 17, 2023 at 4:18 PM
Core & Main Completes Acquisition of Midwest Pipe Supply Inc.
ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has closed its acquisition of substantially all of the assets of Midwest Pipe Supply Inc., a distributor of drainage and waterworks products located in Clear Lake, Iowa. “With its strong reputation, dedicated team and reliable local presence, we believe Midwest Pipe Supply will bring Core & Main a significant opportunity to expand our drainage and water...
Apr 17, 2023 at 4:15 PM
Nuveen Municipal Credit Income Fund Declares Post-Merger Distribution
NEW YORK--(BUSINESS WIRE)--Nuveen today announced that the Nuveen Municipal Credit Income Fund (NYSE: NZF) has declared a post-merger distribution. The distribution follows the pre-merger distribution, announced on April 3, 2023. The following dates apply to today's post-merger distribution declaration: Record Date Ex-Dividend Date Payable Date April 27, 2023 April 26, 2023 May 1, 2023 Per Share Distribution Ticker Exchange Fund Name Tax-Exempt Income NZF NYSE Nuveen Municipal Credit Income F...
Apr 17, 2023 at 2:12 PM
VanZandt Controls/Eagle Automation Acquires Commercial Radio
FORT WORTH, Texas--(BUSINESS WIRE)--VanZandt Controls/Eagle Automation, a leader in industrial Valve Automation, Flow Measurement, Instrumentation, and Controls, announced the signing of an agreement to acquire Commercial Radio, Midland, TX. Since 2003, Commercial Radio has become a trusted distributor of Industrial Communications products including wired, Wi-Fi, radio, microwave, cameras, solar, antennas and towers. The existing Commercial Radio branch in Midland, TX will remain open with no c...
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