Stock Analysts

Roche’s Tecentriq Study Meets Co-Primary Endpoints for NSCLC

Roche RHHBY announced that the phase III study, IMpower130 on immunotherapy Tecentriq, met its co-primary endpoints of overall survival (OS) and progression-free survival (PFS). The multicentre, open-label, randomized study evaluated the efficacy and safety of Tecentriq in combination with carboplatin and nab-paclitaxel versus only chemotherapy in chemotherapy-naïve patients with stage IV non-squamous non-small cell lung cancer (NSCLC). The study results showed that the combination of Tecentriq plus chemotherapy (carboplatin and Abraxane [albumin-bound paclitaxel; nab-paclitaxel]) helped patients live significantly longer compared to chemotherapy alone in the first-line treatment of advanced non-squamous NSCLC […]

Mergers & Acquisitions

WellCare to Acquire Meridian for $2.5 Billion

WellCare to Acquire Meridian for $2.5 Billion Grows and Strengthens Medicaid and Medicare Advantage Businesses Enhances Business with Pharmacy Benefit Manager Platform Delivers Significant Revenue Growth Transaction Expected to be Accretive to Earnings Company to Host Conference Call and Webcast at 5:00 p.m. EDT Today PR Newswire TAMPA, Fla., May 29, 2018 TAMPA, Fla., May 29, 2018 /PRNewswire/ — WellCare Health Plans, Inc. […]

Stock Analysts

Facebook Roundup: Zuckerberg in EU, GDPR, Labeling Politics

Zuckerberg was in the EU this week to answer legislators’ questions, the first GDPR cases were filed against Facebook FB and the company launched a labeling system for political ads and news in the U.S. Zuckerberg Show in Europe Looks Like a Sham Zuckerberg is getting really good at skirting around relevant questions and avoiding showdowns (such as with the UK). The Facebook CEO spent an hour and a half with EU regulators wherein he first delivered an apology speech, after which parliamentarians questioned him and then there was a final session during which he made an attempt at answering the questions by mostly repeating what he had already said in his introductory statement […]

Mergers & Acquisitions

Infrapoint joins DC BLOX to accelerate hybrid IT solutions in the southeast

Infrapoint joins DC BLOX to accelerate hybrid IT solutions in the southeast New cloud expertise and solutions enhances value to data center customers PR Newswire ATLANTA, May 29, 2018 ATLANTA , May 29, 2018 /PRNewswire/ — DC BLOX, a leading provider of interconnected Edge data centers, business continuity and carrier class network services, announces that it has acquired Infrapoint, a cloud solution provider in Atlanta . Infrapoint’s staff will join DC BLOX and its customers will be served by DC BLOX with an expanded range of services. Infrapoint has developed significant expertise in managed hosting, petabyte scale cloud storage and disaster recovery solutions along with a strong partner channel that delivers managed services using Infrapoint technology […]

Mergers & Acquisitions

Dorian LPG Confirms Receipt of Unsolicited Proposal from BW LPG

Dorian LPG Confirms Receipt of Unsolicited Proposal from BW LPG PR Newswire STAMFORD, Conn., May 29, 2018 STAMFORD, Conn. , May 29, 2018 /PRNewswire/ — Dorian LPG (NYSE: LPG) today confirmed that it has received an unsolicited proposal from BW LPG to combine with Dorian in a transaction in which Dorian shareholders would receive 2.05 shares of BW LPG for each share of Dorian. […]

Mergers & Acquisitions

Versatex, a Portfolio Company of Highlander Partners, Enters into a Definitive Agreement to be Acquired by The AZEK Company

Versatex, a Portfolio Company of Highlander Partners, Enters into a Definitive Agreement to be Acquired by The AZEK Company PR Newswire DALLAS, May 29, 2018 DALLAS , May 29, 2018 /PRNewswire/ — Versatex Holdings, LLC (“Versatex” or “the Company”), a leading manufacturer of cellular PVC building products serving both the new construction and renovation/remodel markets, has entered into a definitive agreement to be acquired by The AZEK Company (“AZEK”). Versatex’s management team will remain with the business and continue operations from its production facility in Aliquippa, PA. Versatex, a Highlander investment since September 2014 , is a leading innovator and manufacturer of high-quality, branded exterior trim, sheet, mouldings and other innovative products with an expanding range of building applications […]

Mergers & Acquisitions

Home Bay Acquires 50% Interest in OTC National L.L.C.

Home Bay Acquires 50% Interest in OTC National L.L.C. New Investment Unlocks Growth Opportunities for the Real Estate Technology Company PR Newswire SAN DIEGO, May 29, 2018 SAN DIEGO , May 29, 2018 /PRNewswire/ — Home Bay , a technology-driven real estate company, announced today that it has purchased a 50 percent interest in OTC National, LLC (” OnTitle “), a national settlement services company with escrow and title insurance licenses in 31 states. Home Bay’s investment in OnTitle further enhances its mission to save home sellers and buyers time, money and hassle by improving the entire real estate transaction. […]

Mergers & Acquisitions

Compass Diversified Holdings Subsidiary, Clean Earth, Acquires ESMI Companies and MKC Enterprises

Compass Diversified Holdings Subsidiary, Clean Earth, Acquires ESMI Companies and MKC Enterprises Accretive Add-on Acquisitions Enhance Clean Earth’s Extensive Service Offerings, Expand Geographic Presence PR Newswire WESTPORT, Conn., May 29, 2018 WESTPORT, Conn. , May 29, 2018 /PRNewswire/ — Compass Diversified Holdings (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its subsidiary, Clean Earth, Inc. (“Clean Earth”), has acquired ESMI Companies (“ESMI”) and MKC Enterprises, Inc. […]

Mergers & Acquisitions

BLOCKStrain Welcomes WeedMD to its Platform

BLOCKStrain Welcomes WeedMD to its Platform Canada NewsWire VANCOUVER, May 29, 2018 VANCOUVER , May 29, 2018 /CNW/ – BLOCKSTRAIN TECHNOLOGY CORP. (TSXV: DNAX) the ” Company “) is pleased to a welcome WeedMD Inc. (TSX-V:WMD) (OTC:WDDMF) (FSE:4WE) to its platform […]

Mergers & Acquisitions

P&M Corporate Finance (PMCF) Announces the Sale of SoundCom Corporation to AMETEK, Inc. (NYSE: AME)

P&M Corporate Finance (PMCF) Announces the Sale of SoundCom Corporation to AMETEK, Inc. (NYSE: AME) PR Newswire SOUTHFIELD, Mich., May 29, 2018 SOUTHFIELD, Mich. , May 29, 2018 /PRNewswire/ — P&M Corporate Finance, LLC (“PMCF”) is pleased to announce that it served as the exclusive financial advisor to SoundCom Corporation (“SoundCom” or the “Company”) in a successful sale to AMETEK, Inc. […]

Mergers & Acquisitions

MedMen Opportunity Fund II, LP Acquires Shares Redeemable for Class B Subordinate Voting Shares of MedMen Enterprises Inc.

MedMen Opportunity Fund II, LP Acquires Shares Redeemable for Class B Subordinate Voting Shares of MedMen Enterprises Inc. Canada NewsWire VANCOUVER, May 29, 2018 VANCOUVER , May 29, 2018 /CNW/ – On May 28, 2018 , MedMen Enterprises Inc. (formerly Ladera Ventures Corp.) (the ” Issuer “), located at 10115 Jefferson Blvd, Culver City, CA 90232, and MM Enterprises USA , LLC (the ” LLC “) completed their previously announced business combination (the ” Business Combination “), creating a U.S. […]

Mergers & Acquisitions

Oregon’s Iconic Galaxy Wine Company to Join Wilson Daniels Wholesale

Oregon’s Iconic Galaxy Wine Company to Join Wilson Daniels Wholesale Wilson Daniels Expands Distribution to West Coast with Purchase of Portland Distributor PR Newswire NEW YORK, May 29, 2018 NEW YORK , May 29, 2018 /PRNewswire/ — The Underwood family’s Wilson Daniels Wholesale operation has agreed to acquire Portland, Oregon -based Galaxy Wine Company from its founders, Matt Elsen and Bob Liner . Following the closing of the acquisition, Galaxy Wine Company will be operated under the wholesale division of fine wine importer Wilson Daniels LLC, a wholly-owned subsidiary of Young’s Holdings, and Messrs. Elsen and Liner will continue to lead Galaxy’s existing team of talented, passionate salespeople. […]

Mergers & Acquisitions

First Financial Bancorp Completes Final Step in Strategic Merger

First Financial Bancorp Completes Final Step in Strategic Merger PR Newswire CINCINNATI, May 29, 2018 CINCINNATI , May 29, 2018 /PRNewswire/ — First Financial Bancorp. (NASDAQ: FFBC) (“First Financial”) announces that it has completed the conversion of MainSource Financial Group into First Financial as the final step of the merger of the two companies. The systems, locations and branding were combined over Memorial Day weekend, resulting in more than 150 banking center locations across First Financial’s footprint of Ohio , Indiana , Illinois and Kentucky […]

Mergers & Acquisitions

The AZEK Company To Acquire Versatex

The AZEK Company To Acquire Versatex Combination Will Further Accelerate Growth of AZEK’s Building Envelope Business PR Newswire SKOKIE, Ill., May 29, 2018 SKOKIE, Ill. , May 29, 2018 /PRNewswire/ — The AZEK Company (“AZEK”), an industry-leading manufacturer of beautiful, low-maintenance residential and commercial building products, today announced that it has signed a definitive agreement to acquire Versatex, a leading innovator and manufacturer of highly engineered cellular PVC products, providing AZEK with an additional growth platform for expanding the company’s building envelope offerings. Versatex manufactures and sells high-quality, premium branded exterior trim, sheet, mouldings and other innovative products with an expanding range of building applications […]

Mergers & Acquisitions

Adam Bierman Acquires Class A Super Voting Shares of and Securities Redeemable for Class B Subordinate Voting Shares of MedMen Enterprises Inc.

Adam Bierman Acquires Class A Super Voting Shares of and Securities Redeemable for Class B Subordinate Voting Shares of MedMen Enterprises Inc. Canada NewsWire VANCOUVER, May 29, 2018 VANCOUVER , May 29, 2018 /CNW/ – MedMen Enterprises Inc. (formerly Ladera Ventures Corp.) (the ” Issuer “), located at 10115 Jefferson Blvd, Culver City, CA 90232, and MM Enterprises USA , LLC (the ” LLC “) completed their previously announced business combination (the ” Business Combination “), creating a U.S […]