Mergers & Acquisitions

Vespoint Acquires Controlling Interest In Midwest Holding

Vespoint Acquires Controlling Interest In Midwest Holding PR Newswire NEW YORK and LINCOLN, Neb., July 2, 2018 NEW YORK and LINCOLN, Neb. , July 2, 2018 /PRNewswire/ — Midwest Holding Inc. (OTCQB: MDWT) (“Midwest”), together with its wholly-owned subsidiary American Life & Security Corp. […]

Mergers & Acquisitions

BB&T Insurance Holdings closes on Regions Insurance Group acquisition

BB&T Insurance Holdings closes on Regions Insurance Group acquisition PR Newswire WINSTON-SALEM, N.C., July 2, 2018 WINSTON-SALEM, N.C. , July 2, 2018 /PRNewswire/ — BB&T Corporation (NYSE: BBT) announced today that BB&T Insurance Holdings, Inc. (BB&T Insurance) has completed its acquisition of Regions Insurance Group (Regions Insurance) from Regions Financial Corporation (NYSE: RF). […]

Mergers & Acquisitions

Young Innovations Announces Acquisition of Johnson-Promident

Young Innovations Announces Acquisition of Johnson-Promident PR Newswire ALGONQUIN, Ill., July 2, 2018 ALGONQUIN, Ill. , July 2, 2018 /PRNewswire/ — Young Innovations, a leading global manufacturer and distributor of dental products, today announced the acquisition of Promident, LLC (“Johnson-Promident”). Johnson-Promident is a leading manufacturer and supplier of dental handpieces, preventive consumables, infection control products and rotary instruments, and is also a leading service provider for repairs and maintenance of dental handpieces […]

Mergers & Acquisitions

FANDOM Acquires Screen Junkies

FANDOM Acquires Screen Junkies PR Newswire SAN FRANCISCO, July 2, 2018 SAN FRANCISCO , July 2, 2018 /PRNewswire/ — FANDOM , the global entertainment destination powered by fan passion, today announced that it has completed an acquisition of Screen Junkies and its entities, purchasing the brand from Defy Media. Screen Junkies is the leading YouTube channel for movie and television fans, and home to the iconic series, ‘Honest Trailers’. The brand delivers pop culture parody, original series, entertainment news, and commentary, all through the lens of the fan on Screen Junkies and Screen Junkies News channels. […]

Mergers & Acquisitions

Grand Canyon University, Grand Canyon Education Enter New Era With Completion Of Nonprofit Transaction

Grand Canyon University, Grand Canyon Education Enter New Era With Completion Of Nonprofit Transaction Development office, research and assistance to Christian schools among initial priorities PR Newswire PHOENIX, July 2, 2018 PHOENIX , July 2, 2018 /PRNewswire/ — Today marks the beginning of a new era for Grand Canyon University (GCU) and Grand Canyon Education, Inc. (GCE). Under the terms of a transaction that closed on July 1, 2018 , Grand Canyon Education sold Grand Canyon University to a nonprofit entity that will retain the GCU name […]

Stock Analysts

Here’s Why You Should Add FMC Corp (FMC) to Your Portfolio

FMC Corporation FMC has been performing well of late. The chemical company has seen its shares pop around 17% over the past three months, outperforming the industry ’s 3.6% rise. The price performance has been backed by strong first-quarter results and the company’s upward guidance revision for the full year […]

Stock Analysts

5 Top Stocks to Buy for the Second Half of 2018

The first of half of this year was mostly topsy-turvy, with major indices failing to make a big move. While a group of investors showed a lot of optimism on corporate earnings and upbeat labor data, many fear that the Fed’s stance to raise interest rate hikes faster might derail the market’s upward journey. […]

Stock Analysts

Amazon (AMZN) Improves Client Base With Formula 1 Deal

Amazon ’s AMZN cloud computing arm Amazon Web Services (“AWS”) continues to fortify market share in the cloud industry driven by improving clientele. This can be attributed to its innovative cloud products and services. Moreover, the offering of special discounts on long-term deals and advanced payments also help the company in attracting customers. […]

Stock Analysts

Sanofi’s Blood Clotting Drug Gets Positive CHMP Opinion

Sanofi SNY announced that the Committee for Medicinal Products for Human Use (“CHMP”) of the European Medicines Agency (“EMA”) has issued a positive opinion recommending approval of Cablivi (caplacizumab). A marketing authorization application (“MAA”) is seeking approval of the candidate for the treatment of patients experiencing an episode of acquired thrombotic thrombocytopenic purpura (aTTP), a rare blood-clotting disorder. This is the first drug to receive CHMP recommendation for the treatment of aTTP. […]

Stock Analysts

IBM, Best Western Team Up for AI-Based Ads to Modify Trips

International Business Machines IBM recently collaborated with Best Western Hotels & Resorts. The artificial intelligence (“AI”) capabilities of IBM Watson Advertising will aid Best Western to deliver interactive ads to consumers enabling customized vacation planning. In an effort to make vacations more pleasurable, Best Western's Watson Ad will assist the consumers with tailor-made scheduling itineraries. […]

Mergers & Acquisitions

Sandvik Completes the Divestment of Hyperion

Sandvik Completes the Divestment of Hyperion PR Newswire SANDVIKEN, Sweden, July 2, 2018 SANDVIKEN, Sweden , July 2, 2018 /PRNewswire/ — Sandvik has, in line with previous communication on 8 December 2017 , completed the divestment of Hyperion to the US-listed investment firm KKR at the price of 4 billion SEK on a debt and cash free basis. As of 2 July 2018 , Hyperion will be de-consolidated from Sandvik and a capital gain of about 1 billion SEK will be reported in Sandvik’s financial statements. The transaction represents the final divestment of all assets in Other Operations […]

Mergers & Acquisitions

Herschend Enterprises™ Acquires Pink Adventure Tours

Herschend Enterprises™ Acquires Pink Adventure Tours Herschend Enterprises Grows Family of Companies to Include Adventure Travel PR Newswire ATLANTA, July 2, 2018 ATLANTA , July 2, 2018 /PRNewswire/ — Herschend Enterprises™ announced today that it has acquired Pink Adventure Tours, a full-service, adventure tour company with operations in Sedona , Las Vegas and Grand Canyon National Park . Founded in 1960, Pink Adventure Tours now operates a number of quick and full-day, ground tours that provide guests with exciting, up-close encounters with the beauty and magic of the American Southwest. Pink Adventure Tours currently offers intimate guided tours, custom trips and a selection of routed tours on the Pink Fleet, which includes custom Jeep Wranglers and Tour Trekker SUVs as well as Mercedes Benz Sprinters. […]