Streetbeat News

Acquisitions Mergers

AZPN

EMR

Levi & Korsinsky, LLP is investigating the merger between Aspen Technology Inc. and Emerson Electric, focusing on the fairness of the deal and potential harm to Aspen's shareholders.

Portfolio Pulse from

February 26, 2025 | 6:30 pm

LBRDA

Levi & Korsinsky, LLP has initiated an investigation into the merger between Liberty Broadband Corp and Charter Communications, focusing on the fairness of the deal and potential harm to LBRDA shareholders.

Portfolio Pulse from

February 26, 2025 | 6:30 pm

RVNC

Levi & Korsinsky, LLP has announced an investigation into the fairness of the acquisition of Revance Therapeutics Inc by Crown Laboratories, Inc. This is relevant for investors who purchased RVNC stock before August 11, 2024.

Portfolio Pulse from

February 26, 2025 | 6:30 pm

FSV

FirstService Corporation has expanded its unsecured revolving credit facility to $1.75 billion, with a new five-year term maturing in 2030. This facility can be increased by an additional $250 million and will be used for working capital, corporate purposes, and future acquisitions.

Portfolio Pulse from

February 26, 2025 | 6:00 pm

AMGN

The article discusses the reasons for maintaining a 'Buy' rating on Amgen stock, highlighting its strong financial performance, robust pipeline, and strategic acquisitions.

Portfolio Pulse from

February 26, 2025 | 5:45 pm

DDEJF

Dundee Corporation is selling its 20% interest in Android Industries, a private company in the automotive industry.

Portfolio Pulse from

February 26, 2025 | 5:00 pm

TEM

Tempus AI's stock fell 15% following a weak Q4 performance, but the company maintains a strong EBITDA outlook. The acquisition of Ambry Genetics enhances its genomics capabilities, adding a West Coast lab and expanding inherited risk testing.

Portfolio Pulse from

February 26, 2025 | 5:00 pm

EXXRF

RACE

Exor announced an accelerated bookbuild offering for approximately 4% of Ferrari's shares, raising around €3 billion. The proceeds will be used for diversification and a €1 billion share buyback program. Exor remains Ferrari's largest shareholder.

Portfolio Pulse from

February 26, 2025 | 5:00 pm

VET

Vermilion Energy Inc. has completed the acquisition of Westbrick Energy Ltd. and announced the release date and conference call details for Q4 2024.

Portfolio Pulse from

February 26, 2025 | 5:00 pm

MDGL

Madrigal Pharmaceuticals reported a strong Q4 with a 66% increase in net sales for its drug Rezdiffra, despite a net loss of $466m in 2024. The company's cash position improved to $931m, and Rezdiffra's market potential remains significant with no competitors. Positive study data and potential European approval could enhance its market presence, making Madrigal a potential M&A target.

Portfolio Pulse from

February 26, 2025 | 5:00 pm