Streetbeat News

Acquisitions Mergers

GOLF

Acushnet shares are trading higher following the announcement of a merger between PGA Tour and LIV Golf.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 2:43 pm

PRTK

Paratek Pharmaceuticals is set to be acquired by Gurnet Point Capital and Novo Holdings for $3/share, including an upfront payment of $2.15/share. The total transaction consideration is up to approximately $462 million.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 1:10 pm

NTNX

Dizzion has acquired Frame, a Desktop-as-a-Service (DaaS) platform, from Nutanix (NTNX). The acquisition aims to strengthen Dizzion's position in the DaaS market.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 1:02 pm

CUEN

Cuentas has announced the acquisition of a 28.5-acre property in Ocala, Florida. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 12:52 pm

LMFA

LM Funding America has acquired the assets of Symbiont.io for $2.6 million from Chapter 11 bankruptcy. This acquisition could potentially expand LMFA's business operations.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 12:32 pm

NCRA

Nocera, Inc. (NCRA) has announced its acquisition of Zhe Jiang Xin Shui Hu Digital Information for 1.5 million shares of common stock and 1 million shares of warrants.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 12:13 pm

RCRT

Recruiter.com has signed a definitive agreement to acquire fintech assets of GoLogiq, including CreateApp, PayLogiq, GoLogiq, and Radix businesses. In exchange, GoLogiq will receive common stock equal to 84% of Recruiter.com.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 12:12 pm

BREA

MANU

Brera Holdings PLC has acquired a stake in Manchester United PLC, with open market purchases exceeding $100,000.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 12:04 pm

FAT

Fat Brands Inc. plans to spin off its Twin Peaks sports bar business through an IPO in the next 6-12 months, aiming for a valuation of $750 million to $1 billion. The move is intended to maximize shareholder value and boost growth. Twin Peaks has expanded to 115 locations, a 40% increase since its acquisition by Fat Brands in 2021.

Portfolio Pulse from Akanksha Bakshi

June 06, 2023 | 11:56 am