Merger & Acquisition News

RICHMOND, Va.--(BUSINESS WIRE)--Bowlero Corp., (NYSE: BOWL) the global leader in bowling entertainment, completed the acquisition of The Big Event in New Jersey on February 14th. This announcement marks the Company’s first completed acquisition in calendar year 2023, out of a robust pipeline of remaining acquisitions. Brett Parker, President & Chief Financial Officer of Bowlero Corp., stated, “Today’s announcement illustrates our continued commitment to expanding our unit base and simultane...

VANCOUVER, British Columbia--(BUSINESS WIRE)--NFT Technologies Inc. (NEO: NFT) (the “Company” or "NFT Tech"), a leading technology company partnering with top-tier brands to accelerate their entry into the world of web3 through innovative technologies and unparalleled creativity, announced today the that it has completed its acquisition of Run It Wild (the “Transaction”), an award-winning multidisciplinary Web3 development company. Since the announcement of the Transaction, the company and Run...

PARIS--(BUSINESS WIRE)--Regulatory News: Etablissements Maurel & Prom S.A. (“M&P”) (Paris:MAU) is pleased to confirm that at the Court Meeting and General Meeting of Wentworth Resources (“Wentworth”), held on 23 February 2023, the requisite majority of Scheme Shareholders voted to approve the Scheme at the Court Meeting; and that the requisite majority of Wentworth shareholders voted to pass the resolution in connection with the amendment of the Wentworth articles and the implementation...

HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced the expansion of its connected edge-to-cloud offering with the acquisition of Athonet, a private cellular network technology provider that delivers mobile core networks to enterprises and communication service providers. Combined with the HPE telco and Aruba networking portfolios, Athonet will put HPE at the forefront of a growing market that is predicted by IDC to increase to more than $1.6 billion1 by 2026. Based...

ZURICH--(BUSINESS WIRE)--Regulatory News: Publication of inside information pursuant to Article 17 of the EU Market Abuse Regulation (MAR) beaconsmind AG (ISIN: CH0451123589 - Ticker: 81D) (Paris:MLBMD) acquires 100% of the shares of Ingenieurbüro Netopsie via its subsidiary FREDERIX Hotspot. With the acquisition of Netopsie, beaconsmind is continuing to expand its business activities in the related hotspot segment in line with its strategy. Netopsie is a developer and provider of in-house DSL,...

PHILADELPHIA--(BUSINESS WIRE)--Today, Delaware Investments Dividend and Income Fund, Inc. (the “Fund”), a New York Stock Exchange-listed closed-end fund trading under the symbol “DDF”, announced that the Fund will make a final distribution of $0.202 per share in connection with the reorganization of the Fund into abrdn Global Dynamic Dividend Fund (the “Acquiring Fund”), a New York Stock Exchange-listed closed-end fund trading under the symbol “AGD” (the “Reorganization”). This final distributi...

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems Announces Acquisition of EasyPower®, Leader in Power Systems Engineering Software...

LOUISVILLE, Ky.--(BUSINESS WIRE)--Limestone Bancorp, Inc. (NASDAQ: LMST) (“Limestone”), parent company of Limestone Bank, announced today that its shareholders approved the Agreement and Plan of Merger dated October 24, 2022, by and between Peoples Bancorp Inc. (“Peoples”) and Limestone and the transactions contemplated thereby, including the merger of Limestone into Peoples. Shareholders also approved, in a non-binding advisory vote, the compensation payable to the Company’s named executive of...

INDIANAPOLIS--(BUSINESS WIRE)--Modular Devices Acquisition, LLC (Modular Devices), a leading provider of mobile imaging labs and mobile cleanrooms, has just announced its acquisition of Interim Diagnostic Imaging (IDI), a leading mobile imaging company that serves the US markets. Modular Devices is the leading provider of Mobile and Modular Cardiac Cath and Interventional labs and the integration of Interim Diagnostics Imaging adds Mobile CT and Mobile MRI Labs to the product offering, creating...

MYRTLE BEACH, S.C.--(BUSINESS WIRE)--ACRE, a global real estate private equity firm, and its partner ARK Residential today unveiled plans for The Springs at Arcadia, a 150-unit single-family-rental (SFR) community in Myrtle Beach, South Carolina. Construction of the community is underway, and pre-leasing commenced in January of 2023. ACRE and ARK Residential, will acquire the 150 homes directly from the builder, Atlanta-based Pulte Group. The Springs at Arcadia (www.thespringsatarcadia.com) wil...