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.

May 10, 2021 at 7:01 AM

Benson Hill – Sustainable Food Technology Company Driving the Plant-Based Food Revolution – to Combine With Star Peak Corp II

ST. LOUIS & EVANSTON, Ill.--(BUSINESS WIRE)--Benson Hill, a sustainable food tech company driving the plant-based revolution, to become publicly listed via Star Peak Corp II business combination...
May 10, 2021 at 7:00 AM

CI Global Asset Management Completes Merger of CI Galaxy Bitcoin Fund into CI Galaxy Bitcoin ETF

TORONTO--(BUSINESS WIRE)--The merger of CI Galaxy Bitcoin Fund (TSX: BTCG), a closed-end investment fund, into CI Galaxy Bitcoin ETF (TSX: BTCX) has been completed....
May 10, 2021 at 7:00 AM

Arlington Capital Partners Closes the Acquisition of Triumph’s Composites Business, Forming Qarbon Aerospace

WASHINGTON, D.C.--(BUSINESS WIRE)--Arlington Capital Partners (“Arlington”), a Washington, DC-area private equity firm, today announced it has completed the acquisition of Triumph Group, Inc.’s (NYSE: TGI) composites business. Going forward, the business will operate independently as Qarbon Aerospace (the “Company”). Qarbon Aerospace is a leading provider of large, complex structural components and assemblies such as fuselages, wings, flight control surfaces, and engine nacelles. The Company op...
May 10, 2021 at 5:36 AM

Silver Castle, Israel’s First Digital Currency Investment House, Joins TASE Following Its Merger With Publicly Traded ICB

TEL AVIV, Israel--(BUSINESS WIRE)--Silver Castle offers capital market investors safe and professional digital assets investment opportunities, and is striving to boost awareness of the digital currency investment platform in Israel. Silver Castle Investment House and publicly traded Israel-China Biotechnology (ICB) have announced today, May 5, 2021, the signing of a memorandum of understanding leading up to the merger of the two companies. As part of the transaction, Silver Castle shareholders...
May 10, 2021 at 3:09 AM

Cohu Announces Divestment of Its Printed Circuit Board Test Business

POWAY, Calif.--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced that it has entered into a definitive agreement with Mycronic AB (MYCR.ST) (“Mycronic”), a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment, under which Mycronic will acquire atg Luther & Maelzer GmbH and other affiliated entities and assets related to Cohu’s Printed Circuit Board Test Group (“PTG”...
May 8, 2021 at 6:58 PM

Revised Stipulation Agreement for AVANGRID/PNM Resources Merger Receives Additional Support From New Mexico Stakeholders

ORANGE, Conn.--(BUSINESS WIRE)--Revised Stipulation Agreement for AVANGRID/PNM Resources Merger Receives Additional Support from New Mexico Stakeholders...
May 7, 2021 at 4:00 PM

Saba Capital Reaches Agreement With Invesco Dynamic Credit Opportunities Fund

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. and certain associated parties (collectively “Saba”) today announced that it has reached an agreement with Invesco Dynamic Credit Opportunities Fund (NYSE: VTA) (the “Fund”). Under the terms of the agreement, Invesco Dynamic Credit Opportunities Fund will commence a cash tender offer for up to 20% of the Fund’s outstanding shares of common stock at a price per share equal to 98.5% of the Fund’s net asset value (“NAV”) per share (the “Tend...
May 7, 2021 at 1:49 PM

Stable Road Reminds Stockholders There Are 5 Days Left to Vote on Extension Proposal

VENICE, Calif.--(BUSINESS WIRE)--Stable Road Acquisition Corp. (NASDAQ: SRAC, SRACU, and SRACW) (“Stable Road” or the “Company”) reminds every stockholder to vote their shares in favor of the proposal (the “Extension Amendment Proposal”) to extend the deadline by which the Company has to consummate the proposed business combination with Momentus Inc. (“Momentus”) from May 13, 2021 to August 13, 2021. It is strongly recommended that stockholders complete their proxy card before the special meeti...
May 7, 2021 at 9:25 AM

Critical Event Management (CEM) Leader Everbridge Completes Acquisition of xMatters to Accelerate Digital Transformation for Enterprise IT and Cyber Resilience

BURLINGTON, Mass.--(BUSINESS WIRE)--Everbridge, Inc. (NASDAQ: EVBG), the global leader in critical event management (CEM), today announced the completion of its acquisition of xMatters, a leading provider of IT Service Operations, Cybersecurity and DevOps incident response management. On April 6, 2021, Everbridge announced a definitive agreement between the parties pursuant to which Everbridge would acquire all of the outstanding equity of xMatters. Everbridge’s end-to-end CEM platform, combine...
May 7, 2021 at 9:00 AM

SpareBox Storage Announces Acquisition of Stabilized Self Storage Properties in South Carolina and Texas

DENVER--(BUSINESS WIRE)--SpareBox Storage, a national self storage platform focused on consolidating the highly fragmented self storage market across the United States, announced today that is has acquired 13 stabilized properties in Myrtle Beach, South Carolina and Amarillo, Texas from multiple sellers. Combined, these properties are comprised of approximately 330,000 net rentable square feet and 2,500 units with over 88% occupancy. The South Carolina portfolio acquisition opens a promising ne...
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