Streetbeat News

Acquisitions Mergers

VUZI

Quanta has entered a $20 million three-tranche investment in Vuzix, involving both common and preferred stock. This investment could provide Vuzix with additional capital for growth and development.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:20 pm

RYAN

Ryan Specialty has signed an agreement to acquire Ethos Specialty Insurance's P&C MGUs from Ascot Group. The acquisition will enhance Ryan Specialty's underwriting capabilities, but the terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:19 pm

FLL

Full House Resorts has agreed to sell the land, building, and certain assets of Stockman's Casino for approximately $9.2 million. This move is part of the company's strategy to optimize its asset portfolio.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:16 pm

AQB

AquaBounty is selling its Rollo Bay farm operation and is actively seeking additional funding and strategic alternatives to secure its cash requirements in the coming months.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:13 pm

SGRP

SPAR Group, Inc. (NASDAQ:SGRP) has entered into a definitive agreement to be acquired by Highwire Capital for $2.50 per share, a 72% premium over its last closing price. The acquisition will result in SPAR Group becoming a privately held company.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:10 pm

CNFR

Conifer Holdings has completed the sale of its insurance agency operations for $45 million and has promoted Brian Roney to Chief Executive Officer.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:05 pm

X

United States Steel shares declined following Vice President Harris's opposition to the company's sale to Nippon Steel.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 11:54 am

TECK

Teck Resources (NYSE:TECK) has announced a new business structure to focus on energy transition metals, following the sale of its coal unit. The company will operate through North American and Latin American units, emphasizing copper production. Several executives have been promoted to lead this transition.

Portfolio Pulse from Stjepan Kalinic

September 03, 2024 | 11:39 am

YTRA

Yatra has entered into an agreement to acquire 100% of Globe All India Services Limited for $15.25 million in cash. This acquisition could potentially expand Yatra's market presence and service offerings.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 11:37 am

USPH

U.S. Physical Therapy has acquired a 70% interest in a physical and hand therapy practice with eight clinics in Pennsylvania, generating approximately $5.5 million in annual revenues. The current owners retain a 30% stake.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 11:34 am