Merger & Acquisition News

NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Johnson & Johnson (NYSE: JNJ) today announced that following the approval of its pending acquisition of Intra-Cellular Therapies, Inc. by Intra-Cellular Therapies’ shareholders on March 27, 2025, Johnson & Johnson intends to complete its acquisition of Intra-Cellular Therapies on or around April 2, 2025. The transaction is expected to accelerate 2025 sales growth for Johnson & Johnson by approximately 0.8% with approximately $0.7 billion in incr...

NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the “Company”), the world’s largest global temperature-controlled warehouse REIT, today announced its acquisition of three warehouses totaling approximately 24 million cubic feet and 85 thousand pallet positions from Bellingham Cold Storage (“BCS”). The acquired assets include three locations on the west coast of Washington state: the Bellingham Waterfront Warehouse Center, the Orchard/I-5 Warehouse Center and the Burlington Dry locati...

DENVER--(BUSINESS WIRE)--Zema Global, a leading provider of data management and analytics solutions for companies engaged in the energy, commodities and financial sectors, today announced the acquisition of cQuant.io, an industry leader in analytic solutions for energy and commodity companies. The acquisition, supported by Zema Global’s existing investor FTV Capital, marks a significant step in the company’s mission to deliver real-time, enterprise-grade insights that transform how energy and c...

BOHEMIA, N.Y.--(BUSINESS WIRE)--Jerome Stevens Pharmaceuticals, Inc., a US-based prescription pharmaceutical manufacturer and packager, has completed the acquisition of Thyquidity® (Levothyroxine Sodium Oral Solution) from Azurity Pharmaceuticals, Inc., a pharmaceutical company focused on developing innovative dose forms and formulations of products to serve the needs of overlooked patients. “We are excited about the addition of Thyquidity® to our portfolio,” said Daniel Akeson, Director of Jer...

ST. PAUL, Minn.--(BUSINESS WIRE)--Patterson Companies, Inc. (NASDAQ: PDCO), a value-added specialty distributor serving the U.S. and Canadian dental supply markets and the U.S., Canadian and U.K. animal health supply markets, today announced that its shareholders approved at a special meeting the acquisition of Patterson by Patient Square Capital, a dedicated health care investment firm. Don Zurbay, Patterson’s President and Chief Executive Officer, said, “I would like to express my gratitude t...

HACKENSACK, Minn.--(BUSINESS WIRE)--Mann Lake Bee and Ag Supply, the world’s largest beekeeping supply company, transitions to family ownership....

PORTLAND, Ore.--(BUSINESS WIRE)--StanCorp Financial Group, Inc. (The Standard) today announced the closing of the acquisition of Allstate’s Employer Voluntary Benefits business in accordance with the terms of the agreement reported on Aug. 13, 2024. The agreement includes a future distribution partnership through which certain of The Standard’s products and services will be made available to Allstate customers. “This transaction presented a unique opportunity to accelerate our growth strategy a...

NEW YORK--(BUSINESS WIRE)--First Manhattan, an independently owned and operated investment advisory firm, announced today that Grand-Jean Capital Management, a registered investment advisor with over $500 million in assets under management, has joined the Firm. Steven Grand-Jean joins as a Managing Director and Portfolio Manager, bringing decades of experience in investment management and client advisory. He and his team will continue to work closely with clients while leveraging First Manhatta...

PHILADELPHIA--(BUSINESS WIRE)--Comcast Business today announced it has completed its acquisition of Nitel, a U.S. managed services provider headquartered in Chicago, from international private equity firm Cinven. The acquisition expands Comcast Business’ presence in connectivity, secure networking solutions and advanced technology, and enhances Comcast’s ability to serve enterprise clients. “The completion of the Nitel acquisition is a significant milestone for Comcast Business. It strengthens...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--A&D Mortgage announces the official closing of its acquisition of the Mr. Cooper wholesale and non-delegated correspondent mortgage lending business....