Streetbeat News

Acquisitions Mergers

BVH

HGV

Bluegreen Vacations Holding Corporation (BVH) has announced a definitive agreement to be acquired by Hilton Grand Vacations Inc. (HGV) for $75.00 per share in an all cash transaction. The deal represents a total enterprise value of approximately $1.5 billion, inclusive of net debt.

Portfolio Pulse from Charles Gross

November 06, 2023 | 12:45 pm

BMY

Bristol Myers Squibb has acquired Orum's ORM-6151 program for an upfront payment of $100M. Orum is also eligible to receive milestones of $180M.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 12:08 pm

DISH

SATS

DISH Network Corporation plans to work with EchoStar Corporation to appoint Hamid Akhavan, the current CEO and President of EchoStar, to the additional post of President and CEO of DISH, effective from November 13, 2023. The appointment is subject to the approval of both DISH and EchoStar's board of directors.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 11:45 am

DISH

DISH Network's CEO, W. Erik Carlson, has announced his intention to resign as President and CEO effective November 12. However, he will remain on the board of directors through the closing of the EchoStar merger.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 11:44 am

BBAI

BigBear.ai is set to acquire Pangiam in an all-stock transaction valued at approximately $70 million.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 11:35 am

LVMHF

LVMUY

LVMH Moët Hennessy Louis Vuitton has confirmed the acquisition of Los Angeles-based eyewear brand Barton Perreira. The move is seen as a strategy to enhance LVMH's portfolio with more accessible luxury items. The purchase, speculated to be around $80 million, will expand LVMH's eyewear division. LVMH plans to introduce Barton Perreira across Europe and Asia through its extensive retail network and by establishing standalone stores.

Portfolio Pulse from Shivani Kumaresan

November 06, 2023 | 11:28 am

SNSE

Sensei Biotherapeutics received an unsolicited proposal from Newtyn Management to acquire the company at $1.00 per share in cash on October 25, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 11:16 am

DISH

LILA

Liberty Latin America (LILA) has announced plans to acquire DISH Network's spectrum assets in Puerto Rico and the United States Virgin Islands. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 11:03 am

CREV

Shares of Carbon Revolution (CREV) surged 286% in premarket trading on light volume. The stock began trading on Friday following its merger with Twin Ridge Capital Acquisition Corp.

Portfolio Pulse from Charles Gross

November 06, 2023 | 10:38 am

KOS

Kosmos Energy has increased its working interest to 90% and assumed operatorship of the Yakaar-Teranga gas discoveries offshore Senegal, following BP's exit from the field. Yakaar-Teranga is one of the world's largest gas discoveries in recent years, holding around 25 trillion cubic feet of advantaged gas.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 7:24 am