Stock Analysts

Adtalem to Transfer Carrington College to San Joaquin Valley

Adtalem Global Education ATGE has entered into an agreement to transfer complete ownership of Carrington College to a family-owned, California-based career college — San Joaquin Valley College, Inc. Carrington College will operate as a separate institution, maintaining the Carrington College name, under San Joaquin Valley College. No consideration will be paid to Adtalem at the closing of the transaction and Adtalem will provide Carrington with sufficient working capital to operate efficiently. […]

Stock Analysts

Northern Trust Acquires Citadel’s Omnium Technology Platform

Northern Trust Corporation NTRS has closed the deal to acquire Citadel’s Omnium Technology Platform. A team of software development professionals and software development rights concerning the technology were also part of the agreement. Northern Trust had announced the deal in January 2018, with an aim to provide innovative solutions for alternative fund managers, asset managers, institutional investors and family offices across the world […]

Mergers & Acquisitions

Marine Products Corporation Announces Second Quarter 2018 Share Repurchases

Marine Products Corporation Announces Second Quarter 2018 Share Repurchases PR Newswire ATLANTA, July 2, 2018 ATLANTA , July 2, 2018 /PRNewswire/ — Marine Products Corporation (NYSE: MPX) announced today that during the second quarter of 2018 it purchased 13,434 shares under its share repurchase program. Marine Products Corporation (NYSE: MPX) designs, manufactures and distributes premium-branded Chaparral sterndrive, jet drive and outboard pleasure boats, and Robalo offshore sport fishing boats. The Company continues to diversify its product lines through product innovation. […]

Mergers & Acquisitions

NFP Acquires Aquesta Insurance Services, Inc.

NFP Acquires Aquesta Insurance Services, Inc. Acquisition reinforces P&C capabilities and expands NFP’s footprint in the Southeast region PR Newswire NEW YORK, July 2, 2018 NEW YORK , July 2, 2018 /PRNewswire-PRWeb/ — NFP, a leading insurance broker and consultant that provides employee benefits, property & casualty (P&C), retirement and individual private client solutions, today announced that it has acquired Aquesta Insurance Services, Inc. […]

Mergers & Acquisitions

Trimble Completes Acquisition of Viewpoint

Trimble Completes Acquisition of Viewpoint PR Newswire SUNNYVALE, Calif., July 2, 2018 SUNNYVALE, Calif. , July 2, 2018 /PRNewswire/ — Trimble (NASDAQ: TRMB) announced today that it has completed its previously announced acquisition of Viewpoint . Viewpoint is a leading provider of scalable construction management software, which integrates contractors’ financial and resource management with project operations, jobsite and field. […]

Mergers & Acquisitions

innogy acquires BTCPower

innogy acquires BTCPower innogy acquires leading company BTCPower, to strengthen engagement in US market PR Newswire SANTA ANA, Calif. and ESSEN, Germany, July 2, 2018 SANTA ANA , Calif. and ESSEN, Germany , July 2, 2018 /PRNewswire/ — innogy e-mobility US LLC, a wholly owned subsidiary of innogy SE and a leading technology provider for the electric vehicle (EV) charging market, announced today the acquisition of BTCPower (Broadband TelCom Power, Inc.). […]

Mergers & Acquisitions

Apollo Medical Holdings Announces The Acquisition Of A 50% Ownership Stake In The 128-Bed French Hospital In Downtown Los Angeles For $17 Million

Apollo Medical Holdings Announces The Acquisition Of A 50% Ownership Stake In The 128-Bed French Hospital In Downtown Los Angeles For $17 Million Plans for the 90,000-square foot facility include a 24-hour urgent care center, behavioral care, multispecialty clinics, imaging center, diagnostic lab and telemedicine PR Newswire ALHAMBRA, Calif. and GLENDALE, Calif., July 2, 2018 ALHAMBRA, Calif. […]

Mergers & Acquisitions

Chegg Enhances Content And Flash Card Tools Offering With Acquisition Of StudyBlue, To Increase Value for Students And Expand Addressable Market

Chegg Enhances Content And Flash Card Tools Offering With Acquisition Of StudyBlue, To Increase Value for Students And Expand Addressable Market Acquisition strengthens the Chegg platform with broad library of content, covering all major subjects areas taught at High School and College. PR Newswire SANTA CLARA, Calif., July 2, 2018 SANTA CLARA, Calif. , July 2, 2018 /PRNewswire/ — Chegg, Inc […]

Stock Analysts

Novartis to Spin-Off Alcon as Separate Trading Company

Novartis AG NVS announced that it intends to spinoff its ophthalmology division, Alcon, into a separately-traded standalone company in order to grow as a medicines company solely. Why Is Novartis Spinning Off Alcon? The Alcon business wasn’t performing as per management’s expectations […]

Mergers & Acquisitions

Randa Announces Offer to Acquire Perry Ellis International, Inc.

Randa Announces Offer to Acquire Perry Ellis International, Inc. PR Newswire NEW YORK, July 2, 2018 NEW YORK , July 2, 2018 /PRNewswire/ — Randa Accessories, the world’s leading men’s accessories company, announced today that it has made a non-binding proposal to acquire 100% of the outstanding common shares of Perry Ellis International, Inc. (NASDAQ: PERY) at a price of $28.00 per share […]

Mergers & Acquisitions

The Parking REIT Acquires Parking Facilities in Tourist-Central Areas of Honolulu and New Orleans

The Parking REIT Acquires Parking Facilities in Tourist-Central Areas of Honolulu and New Orleans PR Newswire LAS VEGAS, July 2, 2018 LAS VEGAS , July 2, 2018 /PRNewswire/ — The Parking REIT, Inc. (“The Parking REIT”) announced today its acquisition of a multi-level parking garage in Honolulu, Hawaii and a surface lot in New Orleans, Louisiana . “These properties are ideally located in dense population centers and heavily trafficked tourist areas of Honolulu and New Orleans ,” said Mike Shustek , chairman and chief executive officer of The Parking REIT […]

Mergers & Acquisitions

AvaCare Medical Acquires Murse World

AvaCare Medical Acquires Murse World AvaCare Medical owners’ acquisition of Murse World brings new value to the healthcare industry PR Newswire LAKEWOOD, N.J., July 2, 2018 LAKEWOOD, N.J. , July 2, 2018 /PRNewswire/ — The owners of AvaCare Medical and its sister company, Medical Scrubs Collection, have recently announced their most recent acquisition of Murse World , the world’s largest online men’s scrub store. […]

Mergers & Acquisitions

Hylan Acquires Western Utility and Tetra Tech Utility Construction

Hylan Acquires Western Utility and Tetra Tech Utility Construction Strategic Acquisition of Western Utility and Tetra Tech Utility Construction Further Positions Hylan as Leader in Communications Engineering and Construction PR Newswire HOLMDEL, N.J., July 2, 2018 HOLMDEL, N.J. , July 2, 2018 /PRNewswire/ — Hylan , a market-leading provider of specialized communications engineering and construction services, today announced that it has acquired the utility field services units of Tetra Tech, Inc.: Western Utility and Tetra Tech Utility Construction (TUC) . The transaction closed on June 30 , and financial terms of the transaction are not disclosed […]

Mergers & Acquisitions

JotForm Acquires Design News Site Noupe

JotForm Acquires Design News Site Noupe PR Newswire SAN FRANCISCO, July 2, 2018 SAN FRANCISCO , July 2, 2018 /PRNewswire/ — JotForm , a leading online form builder and data collection tool, announced today that it has acquired Noupe, a website dedicated to designer and web developer news. Founded in Germany , Noupe is a media outlet that publishes content focused on designer and web developer topics. Popular categories include CSS, Ajax, JavaScript, web design, graphics, typography, advertising and more. […]