Streetbeat News

Acquisitions Mergers

BX

Blackstone Group Inc. is set to acquire a significant stake in Priority Software, marking the largest deal in Israel's tech sector. This acquisition highlights Blackstone's continued investment in technology and international markets.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:21 pm

SBOW

SilverBow Resources shares are trading higher after the company announced that it entered into a definitive agreement to be acquired by Crescent Energy.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:12 pm

ADTH

AdTheorent announced that a third party has withdrawn its acquisition proposal. The company remains committed to its merger agreement with Cadent.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:09 pm

RKDA

Arcadia Biosciences (RKDA) has announced the sale of its GoodWheatTM brand to Above Food Corp for $4 million. This transaction involves the transfer of better-for-you wheat products from Arcadia to Above Food.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:05 pm

AGFY

Agrify shares are trading higher following the announcement of a definitive agreement and plan of merger with Nature's Miracle Holding.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:58 am

DOW

Dow (NYSE:DOW) announced a capacity expansion in SAS Chemicals GmbH, a German-based specialty chemical producer. This move aims to enhance Dow's offerings in the global high-performance façade industry.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:52 am

TSRI

TSR shares are trading higher following the announcement of a definitive agreement to be acquired by Vienna Parent.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:46 am

CRGY

SBOW

Crescent Energy (NYSE:CRGY) is set to acquire SilverBow Resources (NYSE:SBOW) in a $2.1 billion deal. SilverBow shareholders will receive 3.125 shares of Crescent Class A common stock per SilverBow share, with an option for cash at $38 per share, capped at $400 million.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:43 am

JNJ

Johnson & Johnson (NYSE:JNJ) announced its acquisition of Proteologix, Inc. for $850 million in cash, with potential milestone payments. Proteologix specializes in bispecific antibodies for immune-mediated diseases, including atopic dermatitis and asthma.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:33 am

AGFY

Nature's Miracle and Agrify Corporation have announced the signing of a definitive merger agreement. This merger is expected to combine the strengths of both companies to enhance their market position.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:32 am