Streetbeat News

Acquisitions Mergers

NYC

Bellevue Capital Partners has increased its tender offer price for shares of American Strategic Investment Co. (NYSE:NYC) from $10.25 to $11.00 per share. The offer will close on July 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:18 pm

CASI

CASI Pharmaceuticals announced plans to submit an IND application for CID-103 and received a non-binding proposal to acquire its China business for $40 million.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:16 pm

DOV

Systech has launched a turnkey manual aggregation and rework solution for the pharmaceutical industry following its acquisition of Pharmacontrol Electronic GMBH.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:15 pm

TSVT

2seventy Bio shares are trading higher after the company announced the sale of its Hemophilia A candidate and MegaTAL to Novo Nordisk.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:12 pm

NVO

TSVT

2seventy Bio has sold its Hemophilia A candidate and MegaTAL in vivo gene editing technology to Novo Nordisk for up to $40 million. This divestiture will allow 2seventy Bio to focus on the development and commercialization of Abecma.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:12 pm

ATEX

Anterix has announced an agreement with Oncor Electric Delivery to acquire 900 MHz broadband spectrum for the deployment of a private wireless network.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:08 pm

DGX

Quest Diagnostics and Allina Health have announced an agreement for Quest to acquire select laboratory assets. This move aims to improve access and affordability of services in Minnesota and Western Wisconsin. The terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:04 pm

ADUS

Addus HomeCare has announced a public offering of 1.50 million shares of its common stock, with an option for underwriters to purchase an additional 225,000 shares. The proceeds will be used to repay debt and for general corporate purposes, including acquisitions.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:02 pm

EBF

Ennis, Inc. (NYSE:EBF) has acquired Printing Technologies, Inc. (PTI), a leading manufacturer of innovative media solutions. Financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 7:50 pm

UHAL

U-Haul has acquired and started operations at the former Able Mini Storage property in Maplewood to address self-storage needs in Ramsey County.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 7:17 pm