Merger & Acquisition News

SAN DIEGO--(BUSINESS WIRE)--As previously announced on December 22, 2023, Concentra Biosciences, LLC (“Parent”) and its wholly owned subsidiary, Concentra Merger Sub II, Inc. (“Purchaser”), entered into a merger agreement (the “Merger Agreement”) with Theseus Pharmaceuticals, Inc. (Nasdaq: THRX) (“Theseus”) whereby Purchaser will acquire Theseus for a price per share of Theseus common stock ("Theseus common stock") between $3.90 and $4.05 in cash, consisting of (i) a base cash price of $3.90 pe...

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced a series of recent portfolio optimization transactions consisting of two bolt-on acquisitions, a sizeable acreage swap, a divestiture of non-core assets and additional grassroots acquisitions. “Since closing the Earthstone transaction, Permian Resources has added 14,000 net acres and 5,300 net royalty acres located in the core of the Delaware Basin at attractive valua...

PORT WASHINGTON, N.Y.--(BUSINESS WIRE)--Triple Eight Distribution, LLC today announced that it has completed the purchase of certain PRO-TEC brand assets from Bravo Highline, LLC. PRO-TEC is an industry-leading protective helmet and pad brand since it first hit the Skateboard scene in 1973. Born in the backyard pools and homemade ramps of Southern California, PRO-TEC is considered by many in the Action Sports industry to be a core, defining skate brand, dubbed “the Original” protective brand. “...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Enpro Inc. (NYSE: NPO) today announced it has completed the previously announced acquisition of Advanced Micro Instruments, Inc....

INDIANAPOLIS & BOSTON--(BUSINESS WIRE)--Andretti Acquisition Corp. (“Andretti”) (NYSE: WNNR), a publicly traded special purpose acquisition company, announced today that its registration statement on Form S-4 (the “Registration Statement”) relating to the previously announced proposed business combination between Andretti and Zapata Computing, Inc. (“Zapata AI”), the Industrial Generative AI software company developing solutions and applications to solve enterprises’ hardest problems, has been...

COLUMBIA, S.C.--(BUSINESS WIRE)--United Homes Group, Inc. (“UHG”) (NASDAQ: UHG), a leading homebuilder in the Southeast, today announced that it has acquired the homebuilding business and assets of Creekside Custom Homes, LLC, a home builder and land developer in the Coastal region of South Carolina. Creekside builds homes primarily in the rapidly growing Myrtle Beach market with a product set that aligns with the existing Great Southern Homes brand in the marketplace. “The Creekside acquisitio...

HONG KONG--(BUSINESS WIRE)--Buyer Consortium (“the Consortium”) led by Dazheng Group Acquisition Limited (“Dazheng Group”) today provided an update to Hollysys shareholders regarding recent negotiations between the Consortium and the Special Committee of the board of directors of Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) (“Hollysys”). Members of the consortium also include TFI Asset Management Limited and GA Technologies Limited. The Special Committee of the Hollysys Board engaged wi...

TORONTO--(BUSINESS WIRE)--Nighthawk Gold Corp. (“Nighthawk”) (TSX: NHK) and Moneta Gold Inc. (TSX: ME)(OTCQX: MEAUF)(FSE: MOPA) (“Moneta”) are pleased to announce that all applicable resolutions in connection with the proposed plan of arrangement involving Nighthawk and Moneta (the “Arrangement”) pursuant to which Moneta will acquire all of the issued and outstanding common shares of Nighthawk (the “Nighthawk Shares”) were approved at the special meeting of shareholders of Moneta (the “Moneta M...

DALLAS--(BUSINESS WIRE)--Pacific Magnetics, a Generational Equity client, was acquired by Windings....

PARIS--(BUSINESS WIRE)--Eutelsat Group concludes sale of OneWeb’s stake in Airbus OneWeb Satellites LLC (AOS)...