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 28, 2021 at 6:45 AM
Pfizer Acquires Amplyx Pharmaceuticals
NEW YORK--(BUSINESS WIRE)--Pfizer Inc. (NYSE: PFE) announced today that it has acquired Amplyx Pharmaceuticals, Inc., a privately-held company dedicated to the development of therapies for debilitating and life-threatening diseases that affect people with compromised immune systems. Amplyx’s lead compound, Fosmanogepix (APX001), is a novel investigational asset under development for the treatment of invasive fungal infections. More than 1.5 million cases of invasive fungal infections occur worl...
Apr 28, 2021 at 6:10 AM
Franklin Covey Co. Acquires Strive to Add to Its Ability to Help Clients Achieve Lasting Behavior Change At Scale for Its All Access Pass Clients and Users
SALT LAKE CITY--(BUSINESS WIRE)--Franklin Covey Co. Acquires Strive to Add to Its Ability to Help Clients Achieve Lasting Behavior Change At Scale for Its All Access Pass Clients...
Apr 27, 2021 at 7:02 PM
Stable Road Reminds All Stockholders to Vote to Approve Charter Extension to Allow More Time for Proposed Merger with Momentus
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 allow the Company more time to complete its proposed business combination with Momentus Inc. (“Momentus”) by extending the date by which the Company has to consummate the proposed business combination with Momentus from May 13, 2021 to August 13, 2021. It is...
Apr 27, 2021 at 6:22 PM
HoldCo Comments on Boston Private’s Adjournment of Special Meeting Without Requisite Vote to Approve SVB Merger
NEW YORK--(BUSINESS WIRE)--HoldCo Asset Management, LP and its managed funds (collectively, "HoldCo"), which own 4,049,816 shares of common stock of Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) ("Boston Private," "BPFH," or the "Company"), representing approximately 4.9% of the Company’s outstanding shares, today issued the following statement on BPFH’s manipulative tactics to delay the shareholder vote tally at the Company’s special meeting of shareholders (the “Special Meeting”) to...
Apr 27, 2021 at 4:30 PM
Bentley Acceleration Initiatives Acquires Indian Project Controls Specialist Nadhi Information Technologies
EXTON, Pa.--(BUSINESS WIRE)--Bentley Acceleration Initiatives today announced the acquisition of Chennai, India-based Nadhi Information Technologies Pvt. Ltd., a specialist in project controls, analytics, and decision support for construction supply chains. Nadhi serves some of India’s leading construction sector participants, including contractors Larsen & Toubro and Kalpataru Power Transmission Ltd., real estate developers Mahindra Lifespaces and RMZ, and owner-operators DMRC (Delhi Metro...
Apr 27, 2021 at 4:30 PM
Humana Announces Agreement to Acquire remaining 60 Percent Interest in Kindred at Home, Accelerating Integration of the Nation’s Largest Home Health Provider into Humana’s Payer-Agnostic Healthcare Services Platform
LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) today announced it has signed a definitive agreement to acquire the remaining 60 percent interest in Kindred at Home (KAH), the nation’s largest home health and hospice provider, from TPG Capital (TPG), the private equity platform of global alternative asset firm TPG, and Welsh, Carson, Anderson & Stowe (WCAS), a leading private equity firm focused exclusively on the healthcare and technology industries (together, the Sponsors), for...
Apr 27, 2021 at 4:30 PM
IDEX Corporation to Acquire Airtech
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation announces a definitive agreement to acquire Airtech Group, Inc., US Valve Corporation and related entities from EagleTree Capital....
Apr 27, 2021 at 4:15 PM
Tremont Mortgage Trust Announces First Quarter 2021 Results
NEWTON, Mass.--(BUSINESS WIRE)--Tremont Mortgage Trust (Nasdaq: TRMT) today announced financial results for the quarter ended March 31, 2021. Tom Lorenzini, President of TRMT, made the following statement: “Our first quarter results underscore the strength of TRMT’s commercial mortgage portfolio, with all of our loans remaining current on debt service and our portfolio risk rating continuing to improve. We received one early repayment during the quarter and used the proceeds to pay down our mas...
Apr 27, 2021 at 4:15 PM
Finance of America Companies Bolsters Wholesale Platform With Acquisition of Certain Assets of Parkside Lending
IRVING, Texas and SAN FRANCISCO--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA) an end-to-end lending and services platform, today announced that its mortgage originations subsidiary, Finance of America Mortgage LLC (“FAM”), intends to acquire certain assets of Parkside Lending LLC, a wholesale, retail and correspondent lender that serves the needs of mortgage professionals, for approximately $40 million. The highly complementary combinati...
Apr 27, 2021 at 4:03 PM
Cubic Announces Shareholder Approval of Merger Agreement with Veritas Capital
SAN DIEGO--(BUSINESS WIRE)--Cubic Corporation (NYSE: CUB) (“Cubic” or the “Company”) today announced that, at a special meeting of shareholders held on April 27, 2021 (the “Special Meeting”), the shareholders of the Company approved a proposal to adopt the merger agreement (the “Merger Agreement”) entered into between the Company and an affiliate of Veritas Capital (“Veritas”), under which Veritas and Evergreen Coast Capital Corporation (“Evergreen”), an affiliate of Elliott Investment Manageme...
Media & Journalist Tools
From headlines to storylines—Business Wire delivers the news you need, when you need it.