Streetbeat News

Acquisitions Mergers

LICY

Li-Cycle Holdings Corp. has engaged investment bank Moelis & Company to explore financing and strategic alternatives to enhance shareholder value. This could include a sale, merger, divestiture, or other options. The company's decision to seek strategic alternatives suggests it is looking to optimize its operations and financial structure amid the growing industry for battery recycling.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:17 pm

ATSG

BA

Air Transport Services Group, Inc. (ATSG) has delivered a Boeing 767-300 freighter to My Freighter Cargo Airlines under a multi-year lease. This marks the start of a business partnership aimed at enhancing My Freighter's service capabilities in Uzbekistan and Central Asia. ATSG's LeasePlus+ service model is expanding, with plans to offer Airbus A321 and A330 freighters in addition to Boeing 767s, targeting e-commerce and express customers in growing regions.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:06 pm

GFF

RILY

B. Riley Financial, Inc. (RILY) and Capital Recovery Group are conducting sales and auctions of complete wood mills and plant machinery for The AMES Companies, a subsidiary of Griffon Corporation (GFF). The sales include real estate and equipment from AMES's operations in New York, Ohio, Pennsylvania, and Iowa. The auctions, starting December 12, will offer sawmill operations, injection molding machines, CNC machinery, and more, extending into mid-2024.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:02 pm

DWAC

Digital World Acquisition Corp. (DWAC) and Trump Media & Technology Group have filed Amendment No. 1 to the Form S-4 Registration Statement. This filing includes a preliminary proxy statement and a prospectus regarding their proposed merger, moving one step closer to completing the combination.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:59 pm

THFF

First Financial has agreed to acquire SimplyBank for $73.4 million, paying $718.38 per share in cash. SimplyBank will merge into First Financial Bank, N.A., a subsidiary of First Financial, with the deal expected to close in Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:54 pm

HNRA

Stockholders of HNR Acquisition Corp. have approved the business combination with an unspecified entity. The approval indicates a positive sentiment among shareholders towards the company's strategic direction and growth prospects through this combination.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:51 pm

AJG

Arthur J. Gallagher & Co. has acquired Edgar Insurance Brokers, a company based in Cobram, Victoria. The financial terms of the transaction have not been disclosed to the public.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:49 pm

FWRG

First Watch has acquired six of its previously franchise-owned restaurants in Florida. The financial terms of the acquisition were not disclosed. The purchase was made using the company's available cash.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:34 pm

ACTG

Acacia Research has acquired a majority stake in Benchmark Energy, although the financial terms of the deal have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:15 pm

EXFY

A Form 4 filing with the SEC reveals that SF Roofdeck GP LLC purchased 1,014,197 shares of Expensify's common stock at a price of $1.82 per share.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:06 pm