Month: April 2018

Highlander Partners Acquires Trademark Portfolio including Jolly Rancher, Payday, Whoppers, Heath, Milk Duds, Sixlets, Good & Plenty, Zero, Chuckles, and Good & Fruity from Huhtamäki Oyj PR Newswire DALLAS, April 30, 2018 DALLAS , April 30, 2018 /PRNewswire/ — Highlander Partners, L.P., a leading middle-market private investment firm based in Dallas, Texas , today announced its acquisition of intellectual property, trademarks and associated licensing agreements and royalties for a portfolio of marquee chocolate and sugar confectionery brands that include Jolly Rancher, Payday, Whoppers, Heath, Milk Duds, Sixlets, Good & Plenty, Zero, Chuckles, and Good & Fruity from Huhtamäki Oyj, a global food and beverage packaging company headquartered in Espoo, Finland. These acquired assets will be held in a newly-created entity that is fully-owned by Highlander Partners and its affiliates. Highlander has also made other investments in the confection industry through Bettera Brands, a holding company for Gimbal’s, a leading manufacturer of gourmet jelly beans and gummy vitamins, and Hillside Candy, a leading manufacturer of organic, sugar-free and medicated confections. […]

Contura Energy and Alpha Natural Resources Announce Definitive Merger Agreement Combined company expected to be the largest metallurgical coal supplier in the U.S. PR Newswire BRISTOL, Tenn., April 30, 2018 BRISTOL, Tenn. , April 30, 2018 /PRNewswire/ — Contura Energy, Inc […]

Patrick Industries, Inc. Completes Acquisition of Dehco, Inc. PR Newswire ELKHART, Ind., April 30, 2018 ELKHART, Ind […]

InnovateMR Appoints Industry Veteran Michael Anderson as President PR Newswire ENCINO, Calif., April 30, 2018 ENCINO, Calif. , April 30, 2018 /PRNewswire-iReach/ — InnovateMR announced the appointment of industry research veteran, Michael Anderson . […]

ManhattanLife Assurance Company of America Acquires Humana’s Workplace Voluntary Benefits business PR Newswire HOUSTON, April 30, 2018 HOUSTON , April 30, 2018 /PRNewswire/ — ManhattanLife Assurance Company of America (MAC) has signed a definitive agreement to acquire the Workplace Voluntary Benefits (WVB) and Financial Protection Plan (FPP) lines of business from Humana Inc. These lines of business are primarily held under Humana’s wholly-owned subsidiary Kanawha Insurance Company Inc. […]

Marriott Vacations Worldwide to Acquire ILG to Create a Leading Global Provider of Premier Vacation Experiences Leading upper-upscale and luxury vacation ownership and exchange company will have over 100 vacation properties around the world and approximately 650,000 owners Exclusive access to the world-class customer loyalty programs of Marriott International and Hyatt for vacation ownership Global licensee of seven upper-upscale and luxury vacation brands including Marriott Vacation Club, Grand Residences by Marriott, Ritz-Carlton Destination Club, Sheraton Vacation Club, Westin Vacation Club, St. Regis Residence Club and Hyatt Residence Club Premier exchange networks with nearly two million members and over 3,200 resorts worldwide Combined company will have pro-forma revenues of $2.9 billion and a diversified and complementary platform with significant contribution from recurring and fee-based revenue streams Transaction structured to maintain strong and flexible balance sheet that will support future growth and shareholder returns Expected to be accretive to MVW’s adjusted earnings per share within the first year after close, with annual run-rate cost savings of at least $75 million within two years following close Companies to host conference call and webcast today at 8:00 a.m. Eastern Time PR Newswire ORLANDO, Fla. […]

Cobalt Power Group To Acquire Western Cobalt Corp. PR Newswire TORONTO, April 30, 2018 TSX.V: CPO, Pink Sheets: CBBWF TORONTO , April 30, 2018 /PRNewswire/ – Cobalt Power Group Inc. (“Cobalt Power” or the “Company”) (TSX.V: CPO, OTC Pink: CBBWF) is pleased to announce the acquisition of Western Cobalt Corp., (“Western Cobalt”) a privately held mineral exploration company that holds nine strategically located mineral claims in the eastern Athabasca basin of Saskatchewan, Canada . […]

Datavant Acquires Universal Patient Key and Closes $40M Financing Round – UPK is the leading provider of HIPAA-compliant de-identification services for healthcare data – Acquisition advances Datavant’s position as a leader in helping healthcare organizations safely link their data to improve medical research and care while protecting patient privacy – Datavant also announces completion of $40.5 million financing round PR Newswire SAN FRANCISCO, April 30, 2018 SAN FRANCISCO , April 30, 2018 /PRNewswire/ — Datavant, the leader in helping healthcare organizations safely link their data to improve medical research and patient care, today announced that it has acquired Universal Patient Key (UPK), the leading provider of HIPAA-compliant de-identification services for healthcare data. UPK has created a suite of software products that de-identify structured and unstructured health data through HIPAA-compliant methodologies. […]

Preferred Apartment Communities, Inc. Announces Acquisition of Two Grocery-Anchored Shopping Centers Through its Wholly-Owned Subsidiary, New Market Properties, LLC PR Newswire ATLANTA, April 30, 2018 ATLANTA , April 30, 2018 /PRNewswire/ — Preferred Apartment Communities, Inc. […]

Boston Scientific Closes NxThera Acquisition PR Newswire MARLBOROUGH, Mass., April 30, 2018 MARLBOROUGH, Mass. , April 30, 2018 /PRNewswire/ — Boston Scientific Corporation (NYSE: BSX) today announced the close of its acquisition of NxThera. The company developed the Rezūm system, a minimally invasive therapy ( MIT ) for patients with symptomatic benign prostatic hyperplasia (BPH). […]

Marathon Petroleum Corp. and Andeavor Combination to Create Leading U.S. Refining, Marketing, and Midstream Company PR Newswire FINDLAY, Ohio and SAN ANTONIO, April 30, 2018 FINDLAY, Ohio and SAN ANTONIO , April 30, 2018 /PRNewswire/ — Creates a leading nationwide integrated energy company with an initial enterprise value greater than $90 billion 1 Substantially increases geographic diversification and scale positioning the company for long-term growth and value creation Immediately accretive to earnings and cash flow per share 2 Expect ≥ $1 billion of tangible cost and operating synergies, driving substantial long-term earnings and cash flow per share accretion Continued commitment to MPC’s 2018 capital return plans; MPC’s board approved an incremental $5 billion of repurchase authorization Commitment to maintaining investment grade credit profile Marathon Petroleum Corp. […]

United Therapeutics To Acquire SteadyMed Ltd. PR Newswire SILVER SPRING, Md. […]