Streetbeat News

Acquisitions Mergers

DKL

Delek Logistics Partners, LP reported a strong Q3 performance with a record $107M in quarterly adjusted EBITDA, marking an 8.5% YoY increase. The company has achieved 47 consecutive quarterly dividend increases and is focused on operational efficiency and strategic acquisitions.

Portfolio Pulse from

November 08, 2024 | 6:00 am

AMZN

Amazon is reportedly negotiating a second multibillion-dollar investment in AI startup Anthropic, similar to its initial $4 billion deal earlier this year.

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November 08, 2024 | 3:00 am

EPFCF

Everyday People Financial Corp. has completed the acquisition of CCS Group Holdings Limited, including its subsidiary Commercial Collection Services Limited, through its subsidiary BPO Collections Limited. The acquisition was finalized on November 7, 2024.

Portfolio Pulse from

November 08, 2024 | 3:00 am

FIVN

Five9, Inc. held its Q3 2024 earnings call, discussing future financial performance, expected ARR, a proposed acquisition of Acqueon, and anticipated market expansion. The call included forward-looking statements about company growth, AI solutions, and macroeconomic conditions.

Portfolio Pulse from

November 08, 2024 | 1:45 am

AMZN

Amazon.com is considering a second multi-billion dollar investment in AI startup Anthropic, according to a report by the Information.

Portfolio Pulse from

November 07, 2024 | 11:45 pm

OFIX

Robbins LLP has announced a class action lawsuit on behalf of former SeaSpine Holdings Corporation shareholders who acquired Orthofix Medical Inc. (NASDAQ: OFIX) stock through a merger. The lawsuit pertains to the stock-for-stock transaction completed on January 5, 2023, where Orthofix merged with SeaSpine.

Portfolio Pulse from

November 07, 2024 | 11:45 pm

SERV

Serve Robotics, known for its sidewalk delivery robots, is expanding into restaurant kitchens by acquiring Vebu's 'Autocado' technology, which is used in Chipotle stores.

Portfolio Pulse from

November 07, 2024 | 11:00 pm

CDMO

Rowley Law PLLC is investigating potential securities law violations by Avid Bioservices, Inc. regarding its proposed acquisition by GHO Capital Partners LLP and Ampersand Capital Partners. Shareholders will receive $12.50 per share.

Portfolio Pulse from

November 07, 2024 | 11:00 pm

GRLT

GRILLiT is rebranding as Primior Holdings following a $30 million merger, with plans to focus on strategic real estate investments.

Portfolio Pulse from

November 07, 2024 | 10:45 pm