Merger & Acquisition News

NEW YORK--(BUSINESS WIRE)--The MyHealthTeam acquisition builds on Swoop's strong position as an industry leader in patient-centric marketing....

SEOUL, South Korea--(BUSINESS WIRE)--The largest shareholder alliance of Korea Zinc - MBK Partners and Young Poong - has called on Chairman Choi Yoon-beom to clarify his connections with the sellers of Igneo Holdings, who reportedly gained profits exceeding 100 times their initial investment during the 2022 acquisition. A representative from MBK Partners said, “Korea Zinc’s acquisition of Igneo Holdings in 2022 was executed at a valuation that defies market norms, granting the sellers extraordi...

LYNCHBURG, Va.--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE: BWXT) today announced that it has entered into an agreement to acquire Kinectrics, Inc., for approximately US$525 million, including assumption of Kinectrics’ net pension and debt liabilities, and estimated transaction expenses. Kinectrics is a leader in providing lifecycle management services for the global nuclear power and transmission and distribution markets, and in the production and supply of isotopes for the radiopharmaceuti...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Cara Therapeutics, Inc. (NasdaqCM: CARA) and Tvardi Therapeutics, Inc. Pursuant to the terms of the agreement, upon completion of the Merger, Cara shareholders are expected to own approximately 17.0% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are ad...

AUCKLAND, New Zealand--(BUSINESS WIRE)--Serko Ltd. (NZX:SKO), a leader in online travel for business, announces the successful completion of the GetThere acquisition and the commencement of the partnership with Sabre, a leading software and technology provider that powers the global travel industry. As announced on 28 October 2024, Serko has now entered a long-term partnership with Sabre, a global leader in travel software and technology. The partnership is designed to accelerate innovation in...

HOUSTON--(BUSINESS WIRE)--Phillips 66 announced a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP for total cash consideration of $2.2 billion....

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (“CCC”), a leading cloud platform provider powering the P&C insurance economy and a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) (“CCCS”), announced today that it has completed the previously announced acquisition of EvolutionIQ, Inc. (“EvolutionIQ”), the leading platform for AI-powered guidance for disability and injury claims management. “We are excited to officially welcome the EvolutionIQ team to the CCC fa...

CAMBRIDGE, Mass.--(BUSINESS WIRE)--HubSpot, the leading customer platform for scaling businesses, announced today that it has successfully finalized its acquisition of Frame AI, an AI-powered conversation intelligence platform. Frame AI is now a wholly owned subsidiary of HubSpot and will be integrated into Breeze, HubSpot’s AI that powers the customer platform, over time. With the acquisition of Frame AI, HubSpot will accelerate its ability to unify structured and unstructured data across the...

SAN FRANCISCO--(BUSINESS WIRE)--SD Mayer & Associates LLP, a fast-growing, full-service accounting, advisory, and outsourced accounting firm headquartered in San Francisco, is excited to announce the merging in of Bogdan & Frasco, LLP, a distinguished boutique accounting firm based in San Francisco. This strategic merger marks a significant milestone in SD Mayer’s continued growth and commitment to providing exceptional client service. Founded in 1995 by Greg Bogdan, CPA, and Alex Frasc...

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) provided the following statement regarding the recent developments related to the United States Government decision to prohibit the unlawful acquisition of the United States Steel Corporation by Nippon Steel of Japan: Lourenco Goncalves, Chairman, President and CEO stated: “As of this morning, Nippon Steel and U.S. Steel continue to play the blame game in a desperate attempt to distract from their own failures. Today’s law...