Merger & Acquisition News

NEW YORK--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a provider of financial services, today announced that it has signed a non-binding letter of intent with Tigress Holdings, LLC whereby Siebert will purchase 24% of the outstanding membership interests in Tigress Financial Partners (“Tigress”). Tigress is the nation's only disabled and woman-owned financial services firm providing institutional and high net worth investors with expertise in investment banking, capital...

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--In a move that further strengthens the company’s middle-market presence, Alliant has acquired Northern California-based ASURA Risk....

ATLANTA--(BUSINESS WIRE)--NCR Corporation (NYSE: NCR), a leading enterprise technology provider, today announced the acquisition of Foremost Business Systems, a point-of-sale (POS) and restaurant solutions provider in Minneapolis. This transaction further expands the reach of NCR’s restaurant technology – which is trusted by more than 100,000 restaurants around the world. Solutions including the signature NCR Aloha POS platform and NCR Aloha Essentials subscription package provide everything re...

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) (“Turtle Beach” or the “Company”), today issued the following response on behalf of its Board of Directors (the “Board”) to misleading statements by The Donerail Group (“Donerail”): The Board is committed to acting in the best interests of the Company and its shareholders to maximize long-term value. Consistent with this commitment, members of the Board and management team have held numer...

NEW YORK & BOULDER, Colo.--(BUSINESS WIRE)--CM Life Sciences II (NASDAQ: CMIIU) and SomaLogic, Inc. (“SomaLogic” or the “Company”), a leader in AI-data driven proteomics technology, today announced that with the approach of the business combination closing, the Company expects projected financial results to be above the previous projections disclosed on March 29, 2021. Full year 2021 revenue is expected to exceed previous full year projections of $66.7 million by 10% or higher. Full year 2021 g...

WILMINGTON, Mass. & SAN JOSE, Calif.--(BUSINESS WIRE)--Analog Devices, Inc. (NASDAQ: ADI) and Maxim Integrated Products, Inc. (NASDAQ: MXIM) today announced that China’s State Administration for Market Regulation has given antitrust clearance for Analog Devices’ previously announced acquisition of Maxim. The transaction has now received all required regulatory clearances. Analog Devices and Maxim anticipate that the transaction will close on or about August 26, 2021, subject to the satisfaction...

RICHMOND, British Columbia & FORT MILL, S.C.--(BUSINESS WIRE)--Karta Halten B.V., a private limited company organized under the laws of the Netherlands (“Karta Halten”), through its wholly owned subsidiary, Pearl Merger Sub Inc., a Delaware corporation (“Merger Sub”) and affiliate of Paper Excellence B.V., a private limited company organized under the laws of the Netherlands (“Paper Excellence”), announced today (i) the extension of the previously announced tender offers (each, an “Offer” and t...

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) today reported financial results for the fourth quarter and fiscal year ended June 30, 2021. The fiscal 2021 fourth quarter reflected the return of live events to the Company’s performance venues, following an easing of restrictions during the period. This included Madison Square Garden (“The Garden”) hosting three sold-out New York Knicks home playoff games in May and June, welcoming what wa...

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, today announced that it has entered into a definitive agreement to acquire build.security, a policy definition and enforcement platform that leverages the open source standard Open Policy Agent (OPA), to enable organizations to enforce security actions for cloud native environments. Elastic delivers the industry’s first and only free and open Limitless Extended Detec...

LONG BEACH, Calif.--(BUSINESS WIRE)--Virgin Orbit, the responsive launch and space solutions company, through its parent company Vieco USA, Inc. (“Virgin Orbit” or the “Company”) and NextGen Acquisition Corp. II (“NextGen”) (NASDAQ: NGCA), a special purpose acquisition company, announced today that they have entered into a definitive merger agreement (the “Merger Agreement”) under which Virgin Orbit will become a publicly-traded company. Upon closing, the transaction is expected to provide the...