Mergers & Acquisitions

EmpireCLS Worldwide Chauffeured Services Acquires Wilshire Chauffeured Services

EmpireCLS Worldwide Chauffeured Services Acquires Wilshire Chauffeured Services Acquisition enables EmpireCLS to expand services in the Los Angeles area and improve technology offerings PR Newswire SECAUCUS, N.J., March 30, 2018 SECAUCUS, N.J. , March 30, 2018 /PRNewswire-iReach/ — EmpireCLS Worldwide Chauffeured Services , the largest privately-held chauffeured transportation provider in the world, is thrilled to announce the acquisition of Wilshire Chauffeured Services , a leading provider of luxury chauffeured services. The addition of Wilshire Chauffeured Services gives EmpireCLS the ability to expand its services in the Los Angeles area, as well as enhance its technology offerings through the use of the company’s advanced software system, which is currently undergoing significant client-facing upgrades to improve user experience […]

Mergers & Acquisitions

River Rock Entertainment Authority Enters into Support Agreements with Holders of its Outstanding Indenture Indebtedness and Commitment to Fund the Related Settlements

River Rock Entertainment Authority Enters into Support Agreements with Holders of its Outstanding Indenture Indebtedness and Commitment to Fund the Related Settlements PR Newswire GEYSERVILLE, Calif., March 30, 2018 GEYSERVILLE, Calif. , March 30, 2018 /PRNewswire/ — River Rock Entertainment Authority (” River Rock “), a governmental instrumentality of the Dry Creek Rancheria Band of Pomo Indians (the “Tribe”) and the operator of the River Rock Casino in Sonoma County , today announced that it has signed support agreements with: (1) certain institutional holders representing a majority of the outstanding principal amount (the “Ad Hoc Holder Group”) of its 9% Series A Senior Notes due 2018 and 8% Series B Tax-Exempt Senior Notes due 2018 (the “Senior Notes”), and UMB Bank, N.A., as successor indenture trustee and successor collateral agent under the Indenture, dated as of December 21, 2011 , as amended, pursuant to which River Rock issued the Senior Notes; (2) the sole holder of its 6.5% Subordinated Notes due 2019 (the “Subordinated Notes”) and Wilmington Savings Fund, FSB, as successor trustee under the Indenture dated December 21, 2011 pursuant to which River Rock issued the Subordinated Notes; and (3) U.S. Bank National Association as trustee under the Indenture dated November 7, 2003 , as amended, pursuant to which River Rock issued its 9¾% Senior Notes due 2011 (the “2003 Notes”) (collectively, the “Support Agreements”). […]

Mergers & Acquisitions

genae Buys Hilbert Paradox

genae Buys Hilbert Paradox PR Newswire ANTWERP, Belgium, March 30, 2018 ANTWERP, Belgium , March 30, 2018 /PRNewswire/ — genae, a global service provider for the medical industries, today announced the acquisition of Hilbert Paradox (HPX), a digital health data management platform. HPX offers a unique way of capturing and correlating digital health data by employing computing power, AI and data analytics. […]

Mergers & Acquisitions

CryptoGlobal Acquires Blockchain Dynamics

CryptoGlobal Acquires Blockchain Dynamics Canada NewsWire TORONTO, March 29, 2018 Strategic Acquisition Closes – Delivers Accretive Revenue Streams: Enterprise-Grade Custodial, Specialized Crypto Trading and Security TORONTO , March 29, 2018 /CNW/ – (TSXV: CPTO) CryptoGlobal Corp. has officially acquired Blockchain Dynamics Inc., a full service platform offering security, custodial services, trading and staking across a diversified base of cryptocurrencies. […]

Mergers & Acquisitions

Simpson Strong-Tie Boosts Its Portfolio of Scalable Software Solutions for Homebuilders with Acquisition of LotSpec App Suite

Simpson Strong-Tie Boosts Its Portfolio of Scalable Software Solutions for Homebuilders with Acquisition of LotSpec App Suite Popular apps for AutoCAD and Revit enable streamlined 2D and 3D management of plan options. PR Newswire PLEASANTON, Calif., March 29, 2018 PLEASANTON, Calif. , March 29, 2018 /PRNewswire/ — Simpson Strong-Tie , the industry leader in engineered structural connectors, fasteners, anchors and building solutions, has acquired LotSpec, a suite of software applications designed to optimize efficiency and productivity for production homebuilders’ needs around construction document and option management solutions […]

Mergers & Acquisitions

Shell expands operated footprint in Brazil with new deep-water blocks

Shell expands operated footprint in Brazil with new deep-water blocks PR Newswire RIO DE JANEIRO, March 29, 2018 RIO DE JANEIRO , March 29, 2018 /PRNewswire/ — Shell Brasil Petroleo, a subsidiary of Royal Dutch Shell plc (“Shell”), today won four additional deep-water, exploration blocks in the Campos and Potiguar basins, bringing its total operated presence offshore Brazil to 18 blocks. In the 15 th deep-water bid round organized by the Brazilian National Petroleum Agency (ANP), Shell secured one exploration block on its own and three in joint-bids with Chevron Brazil, Petrobras, and Petrogal Brasil. Of the newly acquired blocks today, Shell will operate two. […]

Stock Analysts

Salesforce Unveils Integration Cloud & CRM Related Solutions

Salesforce.com, Inc. CRM launched a host of new solutions on the first day of TrailheaDX 2018, its third annual developer conference, held in San Francisco. Salesforce unveiled its “Integration Cloud” solution that will ease the bridging of systems, devices and different data sources irrespective of storage locations leading to improved customer experience […]

Mergers & Acquisitions

KeyBank Enters Into Agreement to Sell Key Insurance & Benefits Services, Inc. to USI Insurance Services

KeyBank Enters Into Agreement to Sell Key Insurance & Benefits Services, Inc. to USI Insurance Services PR Newswire CLEVELAND and VALHALLA, N.Y., March 29, 2018 CLEVELAND and VALHALLA, N.Y. , March 29, 2018 /PRNewswire/ — KeyBank (“KEY”) today announced that it has entered into a definitive agreement to sell Key Insurance & Benefits Services, Inc […]

Mergers & Acquisitions

Ascensus Continues to Add to Defined Contribution and Defined Benefit Expertise with Agreement to Acquire ASPERIA Retirement Plan Solutions

Ascensus Continues to Add to Defined Contribution and Defined Benefit Expertise with Agreement to Acquire ASPERIA Retirement Plan Solutions Deal Allows Firm to Expand TPA Presence in Northeastern U.S. PR Newswire DRESHER, Pa., March 29, 2018 DRESHER, Pa. , March 29, 2018 /PRNewswire/ — Ascensus , a technology-enabled service provider that helps more than 7 million Americans save for the future, has entered into an agreement to acquire ASPERIA Retirement Plan Solutions (“ASPERIA”), formerly Group Health & Benefit Administrators, Inc. […]

Stock Analysts

Apple to Benefit from India’s New Used Goods Import Policy

Apple ’s AAPL interest in India recently got a major boost after the country’s government allowed import of used goods for repair and refurbishment of electronic devices. Per Reuters, Indian government will allow import on condition that the refurbished devices should be exported and the “waste generated during the repair and refurbishing of the imported items to be treated in line with local laws including health, safety and environment norms.” India’s new import policy is expected to benefit Apple in two ways. The iPhone-maker assembles, repairs, and refurbishes most of its devices in China, where it is already facing rising manufacturing as well as labor costs […]

Stock Analysts

8point3 Energy (CAFD) Q1 Earnings Miss, Sales Improve Y/Y

8point3 Energy Partners LP CAFD reported adjusted earnings of 5 cents per share in first-quarter fiscal 2018 (ended Feb 28), missing the Zacks Consensus Estimate of 8 cents by 37.5%. Including the one-time tax benefit from the recent Tax Cuts and Jobs Act, the company reported earnings of 35 cents, compared with 3 cents in the year-ago period. 8point3 Energy Partners LP Price, Consensus and EPS Surprise 8point3 Energy Partners LP Price, Consensus and EPS Surprise | 8point3 Energy Partners LP Quote Revenues 8point3 Energy, a limited partnership formed by two major solar companies — First Solar Inc […]