Mergers & Acquisitions

Enel Chile Announces Results Of Tender Offers For Enel Generación Shares And ADSs And Satisfaction Of Conditions Of The Reorganization

Enel Chile Announces Results Of Tender Offers For Enel Generación Shares And ADSs And Satisfaction Of Conditions Of The Reorganization PR Newswire SANTIAGO, Chile, March 26, 2018 SANTIAGO, Chile , March 26, 2018 /PRNewswire/ — ENEL CHILE S.A. (“Enel Chile”) (NYSE: ENIC) announced today the results of its tender offers for all of the outstanding shares of common stock of Enel Generación Chile S.A. (“Enel Generación”), including in the form of American Depositary Shares (“ADSs”), that are not owned by Enel Chile and that all of the conditions to the corporate reorganization of Enel Chile (the “Reorganization”) have been satisfied […]

Mergers & Acquisitions

iA Financial Group Obtains Interim Order for Plan of Arrangement

iA Financial Group Obtains Interim Order for Plan of Arrangement Canada NewsWire QUEBEC CITY, March 26, 2018 QUEBEC CITY , March 26, 2018 /CNW Telbec/ – Industrial Alliance Insurance and Financial Services Inc. (“iA Financial Group” or the “Company”) announced today that it has obtained an interim order from the Superior Court of Quebec (the “Interim Order”) in connection with the arrangement transaction (the “Arrangement”) with iA Financial Corporation Inc. […]

Mergers & Acquisitions

Oceanus Increases Land Package at El Tigre Project by 20%

Oceanus Increases Land Package at El Tigre Project by 20% PR Newswire HALIFAX, March 26, 2018 HALIFAX , March 26, 2018 /PRNewswire/ – Oceanus Resources Corporation (TSXV:OCN and OTCQB:OCNSF) (“Oceanus” or the “Company”) is pleased to announce that it has added 4,465 hectares to its El Tigre claim package. This represents an increase of 20% for a total land package of 26,307 hectares. The regional mapping project that was recently carried out to the south of Gold Hill demonstrated that the El Tigre Formation continues along strike in a southeastern direction for an additional 5 kilometres to the Lluvia de Oro prospect. […]

Mergers & Acquisitions

Mitchell Grocery Announces Purchase of Three Alabama Winn-Dixie Stores

Mitchell Grocery Announces Purchase of Three Alabama Winn-Dixie Stores PR Newswire ALBERTVILLE, Ala., March 26, 2018 ALBERTVILLE, Ala. , March 26, 2018 /PRNewswire/ — Mitchell Grocery Corp. announced today that it has an agreement to purchase three Winn -Dixie store locations in Alabama from Winn -Dixie’s parent company, Southeastern Grocers, LLC. […]

Mergers & Acquisitions

Legacy Reserves LP Announces Corporate Transition and Conference Call to Discuss Transaction

Legacy Reserves LP Announces Corporate Transition and Conference Call to Discuss Transaction PR Newswire MIDLAND, Texas, March 26, 2018 MIDLAND, Texas , March 26, 2018 /PRNewswire/ — Legacy Reserves LP (“Legacy”) (NASDAQ:LGCY) today announced the execution of definitive documentation to effectuate its corporate transition to Legacy Reserves Inc. (“New Legacy”), a newly-created Delaware corporation (the “Transaction”). Key Elements of the Transaction Each unit representing a limited partner interest (NASDAQ: LGCY) will be converted into the right to receive 1.0 share of New Legacy’s common stock (“Common Stock”); Each 8% Series A and Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Unit (the “Preferred Units,” NASDAQ: LGCYP and LGCYO, respectively) will be converted into the right to receive 1.9620 and 1.72236 shares (pursuant to Legacy’s partnership agreement) of Common Stock, respectively, with any rights to accumulated and unpaid distributions being discharged and the Preferred Units being cancelled; All incentive distribution units will be automatically cancelled and will cease to exist; New Legacy will purchase the General Partner for $3 million in cash; and The general partner interest of Legacy will remain outstanding, indirectly owned by New Legacy. […]

Mergers & Acquisitions

Grab Merges with Uber in Southeast Asia

Grab Merges with Uber in Southeast Asia PR Newswire SINGAPORE and SAN FRANCISCO, March 25, 2018 – Largest-ever deal of its kind in Southeast Asia – Grab to embark on next phase of growth to build Southeast Asia’s leading online-to-offline (O2O) mobile platform – To expand GrabFood towards becoming the region’s #1 provider of food delivery services SINGAPORE and SAN FRANCISCO , March 25, 2018 /PRNewswire/ — Grab today announced that it has acquired Uber’s Southeast Asia operations. This deal is the largest-ever of its kind in Southeast Asia . Grab will integrate Uber’s ridesharing and food delivery business in the region into Grab’s existing multi-modal transportation and fintech platform. […]

Mergers & Acquisitions

Oak Park Village at Hammond Celebrates Extensive Renovation Open House Jazz Celebration on March 28th From 1:00 PM to 4:00 PM

Oak Park Village at Hammond Celebrates Extensive Renovation Open House Jazz Celebration on March 28th From 1:00 PM to 4:00 PM Live Oak Village At Hammond Senior Living is now under new ownership and management and has been re-named Oak Park Village At Hammond PR Newswire HAMMOND, La., March 23, 2018 HAMMOND, La. , March 23, 2018 /PRNewswire/ — Live Oak Village At Hammond Senior Living is now under new ownership and management and has been re-named Oak Park Village At Hammond Assisted Living and Memory Care after an extensive community renovation and upgrade to its offerings and amenities. The renovation includes a new village amenity center, remodeled apartment homes, and new landscaping. […]

Mergers & Acquisitions

American Axle & Manufacturing Announces Early Results of Tender Offer and Consent Solicitation for 6.25% Senior Notes Due 2021

American Axle & Manufacturing Announces Early Results of Tender Offer and Consent Solicitation for 6.25% Senior Notes Due 2021 PR Newswire DETROIT, March 23, 2018 DETROIT , March 23, 2018 /PRNewswire/ — American Axle & Manufacturing Holdings, Inc. (AAM – NYSE: AXL) announced today the interim results of the previously announced tender offer and consent solicitation by its subsidiary, American Axle & Manufacturing, Inc. (the “Company”). […]

Stock Analysts

Pandora Expands Initiatives in Ad Tech, to Acquire Adswizz

Pandora P is moving ahead with its ad tech initiatives and recently acquired the leader in digital audio ad technology, Adswizz. Reportedly, the $145 million deal is expected to close in the second quarter of 2018. Per Pandora’s CEO Roger Lynch, “With our scale in audio advertising and AdsWizz’s tech expertise, we will create the largest digital audio advertising ecosystem, better serving global publishers and advertisers — while improving Pandora’s own monetization capabilities.” The acquisition is a significant milestone for Pandora as it is expected to significantly boost Pandora’s total addressable market and expand its reach in digital audio advertising. […]

Stock Analysts

Pharma Stock Roundup: ABBV’s Rova-T Disappoints, J&J Unit Gets Buyout Offer

Discouraging results from a phase II study evaluating AbbVie’s ABBV promising cancer candidate rovalpituzumab tesirine or Rova-T in third-line or later small cell lung cancer (“SCLC”) grabbed headlines this week. Other news included a purchase offer for J&J’s JNJ diabetes device unit and successful study results announced by Heron Therapeutics HRTX and Roche RHHBY . Recap of the Week’s Most Important Stories AbbVie’s Rova-T Falls Short in Key Lung Cancer Study: AbbVie’s promising cancer candidate, rovalpituzumab tesirine or Rova-T fell short of expectations in a phase II TRINITY study evaluating it in third-line or later small cell lung cancer (SCLC). […]

Mergers & Acquisitions

Quorum Technologies Inc. acquires Volocity Multi-Dimensional Imaging Platform

Quorum Technologies Inc. acquires Volocity Multi-Dimensional Imaging Platform PR Newswire GUELPH, Ontario, March 23, 2018 GUELPH, Ontario , March 23, 2018 /PRNewswire/ — Canadian owned scientific integrator and developer, Quorum Technologies Inc. (“Quorum”), is pleased to announce the recent acquisition of the highly respected Volocity software application from PerkinElmer Health Sciences, Inc. […]

Mergers & Acquisitions

IBERIABANK Corporation Completes Acquisition of Gibraltar Private Bank & Trust Co.

IBERIABANK Corporation Completes Acquisition of Gibraltar Private Bank & Trust Co. PR Newswire LAFAYETTE, La., March 23, 2018 LAFAYETTE, La. , March 23, 2018 /PRNewswire/ — IBERIABANK Corporation (NASDAQ: IBKC) (“IBKC”), holding company of the 131-year-old IBERIABANK ( www.iberiabank.com ), announced the completion of the acquisition of Gibraltar Private Bank & Trust Co. […]

Mergers & Acquisitions

Canbriam Energy Announces Closing of Strategic Land Transaction

Canbriam Energy Announces Closing of Strategic Land Transaction Canada NewsWire CALGARY, March 23, 2018 CALGARY , March 23, 2018 /CNW/ – Canbriam Energy (Canbriam) announced today that it has successfully closed the previously announced transaction with Suncor Energy Inc. (Suncor) to exchange all of Suncor’s northeast British Columbia mineral land holdings and consideration of $52 million for a 37 percent equity interest in Canbriam. “We are pleased to close this acquisition and look forward to the seamless integration of the additional Montney lands into our operations.” said Paul Myers , Canbriam’s President & Chief Executive Officer […]

Stock Analysts

Keysight (KEYS): Solid Stock for a Winning Portfolio

Keysight Technologies Inc. KEYS is one of the top-performing technology stocks, with an impressive return in share price driven on strong fundamentals. The odds in favor of an upside in the near term are quite high and consequently, investors looking for solid returns should add the stock to their portfolio […]