Merger & Acquisition News

TORONTO--(BUSINESS WIRE)--CI Global Asset Management announces that unitholders of closed-end fund CI Galaxy Bitcoin Fund have approved its merger into CI Galaxy Bitcoin ETF....

NEWTON, Mass.--(BUSINESS WIRE)--RMR Mortgage Trust (Nasdaq: RMRM) and Tremont Mortgage Trust (Nasdaq: TRMT) today announced that they have entered into a definitive merger agreement pursuant to which TRMT will merge with and into RMRM, with RMRM continuing as the surviving company. The merger is expected to create a more diversified commercial mortgage real estate investment trust, or REIT, focused on middle market transitional bridge loans with assets expected to approach $1 billion when fully...

NEWTON, Mass.--(BUSINESS WIRE)--RMR Mortgage Trust (Nasdaq: RMRM) and Tremont Mortgage Trust (Nasdaq: TRMT) today announced that they have entered into a definitive merger agreement pursuant to which TRMT will merge with and into RMRM, with RMRM continuing as the surviving company. The merger is expected to create a more diversified commercial mortgage real estate investment trust, or REIT, focused on middle market transitional bridge loans with assets expected to approach $1 billion when fully...

NEW YORK--(BUSINESS WIRE)--OneMain Financial, the country’s largest installment lender to hardworking Americans with nonprime credit, announced today that it has entered into an agreement to acquire Trim, a customer-focused financial wellness fintech. The acquisition of Trim, subject to completion of standard closing conditions, will enhance OneMain’s digital features designed to help its more than 2.2 million customers progress to a better financial future. Trim helps customers manage their fi...

SAN FRANCISCO & TOKYO--(BUSINESS WIRE)--Lyft, Inc. (LYFT) announced today that the company has signed an agreement with Woven Planet Holdings, Inc., (“Woven Planet”), a subsidiary of Toyota Motor Corporation, for the acquisition of Lyft’s self-driving vehicle division, Level 5. The transaction also includes multi-year non-exclusive commercial agreements between Lyft and Woven Planet to accelerate the development and enhance the safety of automated driving technology. “Today’s announcement launc...

ST. LOUIS & CERRITOS, Calif.--(BUSINESS WIRE)--Enterprise Financial Services Corp to Acquire First Choice Bancorp...

SAINT LOUIS--(BUSINESS WIRE)--Warren Equity Partners (“Warren Equity”), a lower middle market private equity firm, is pleased to announce the acquisition of ADB Companies, LLC, and its affiliates (“ADB” or the “Company”) from the Keeley Companies. ADB, based in St. Louis, Missouri, is a leading turnkey provider of telecommunication and utility infrastructure solutions in the United States. Rusty Keeley, CEO of the Keeley Companies, and Chad Johnson, CEO of ADB, will maintain significant equity...

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--  This press release is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States. This press release is for information purposes only and does n...

LEHI, Utah & NEWPORT BEACH, Calif.--(BUSINESS WIRE)--IHP Capital Partners and Fieldstone Homes acquire 113 single-family lots in Utah’s Silicon Slopes....

NORWALK, Conn.--(BUSINESS WIRE)--Xerox has acquired Groupe CT, a leading independent document management provider in Eastern Canada....