Merger & Acquisition News

NEW YORK & DALLAS--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (f/k/a Benefit Street Partners Realty Trust, Inc.) (“FBRT”), a publicly-registered, non-listed real estate investment trust (“REIT”), and Capstead Mortgage Corporation (NYSE: CMO) (“Capstead”), a REIT, today announced the final exchange ratio and cash consideration for the previously announced proposed merger between FBRT and Capstead. Summary If the proposed merger is completed prior to market open on October 19, 2021, as is c...

NEW YORK & DALLAS--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (f/k/a Benefit Street Partners Realty Trust, Inc.) (“FBRT”), a publicly-registered, non-listed real estate investment trust (“REIT”), and Capstead Mortgage Corporation (NYSE: CMO) (“Capstead”), a REIT, today announced the final exchange ratio and cash consideration for the previously announced proposed merger between FBRT and Capstead. Summary If the proposed merger is completed prior to market open on October 19, 2021, as is c...

FARMINGTON, Conn. & YOKOHAMA, Japan--(BUSINESS WIRE)--The Jackson Laboratory has acquired Charles River Laboratories Japan’s Research Models & Services (RMS) business as a wholly owned subsidiary....

MEDFORD, Mass.--(BUSINESS WIRE)--Century Bancorp, Inc. (NASDAQ:CNBKA)(www.centurybank.com) (“the Company”) today announced net income of $33,325,000 for the nine months ended September 30, 2021, or $5.99 per Class A share diluted, an increase of 8.9% compared to net income of $30,609,000, or $5.50 per Class A share diluted, for the same period a year ago. Total assets increased 12.1% from $6.36 billion at December 31, 2020 to $7.13 billion at September 30, 2021. For the quarter ended September...

CHARLOTTE, N.C.--(BUSINESS WIRE)--eRESI Mortgage, LLC (“eRESI”), an innovative mortgage funding platform that offers comprehensive private capital solutions to the residential mortgage market, today announced that subsidiaries of The Global Atlantic Financial Group LLC (“Global Atlantic”), a leading life and annuity insurance company, have made a strategic investment and capital commitment to become its majority owner. eRESI Mortgage will continue to operate under a newly formed entity, eRESI C...

DENVER--(BUSINESS WIRE)--Western Union completes its acquisition of minority stake in stc Bank, which is in the process of launching as one of the first digital banks in KSA....

TORONTO--(BUSINESS WIRE)--theScore Announces Shareholder Approval of its Acquisition by the Arrangement with Penn National Gaming...

NEW YORK & LOS ANGELES & WASHINGTON--(BUSINESS WIRE)--Optimad, a leading performance marketing solutions provider, announced it has acquired majority stakes in DSPolitical and UNTU....

LONGUEUIL, Quebec--(BUSINESS WIRE)--Knowlton Development Corporation (kdc/one), a global leader providing value-added solutions for beauty, personal care, and home care brands, continues to grow with the announced agreement to acquire V Manufacturing & Logistics (VML), an innovative value-added manufacturer specializing in small batch beauty and personal care products based in Walnut, California. Financial terms were not disclosed. VML’s expertise in small batch formulation and manufacturin...

PARIS--(BUSINESS WIRE)--Regulatory News: Sopra Steria (Paris:SOP) (Euronext Paris: SOP), a European leader in digital transformation, has signed an exclusive negotiation agreement with a view to acquiring cybersecurity firm EVA Group. The cybersecurity market is seeing rapid growth, with this issue now a major concern for corporate management and IT decision-makers looking to make systems more resilient and increase digital sovereignty. Consequently, most of them expect to significantly increas...