Streetbeat News

Acquisitions Mergers

ONEW

OneWater Marine has successfully completed the acquisition of Garden State Yacht Sales, expanding its market presence and portfolio in the yacht sales sector. This strategic move is expected to enhance OneWater Marine's offerings and market reach, potentially leading to increased revenue and market share.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:23 am

ALTR

Altair has announced the acquisition of Research In Flight, a move aimed at enhancing its capabilities in the aerospace sector. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:22 am

DPSI

DecisionPoint Systems shares surged following the announcement of a definitive merger agreement with an affiliate of Barcoding Holdings. This strategic move is expected to enhance the company's market position and offer potential growth opportunities.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:21 am

YGMZ

Mingzhu Logistics Holdings (YGMZ) has announced a non-binding memorandum of understanding for the acquisition of Xiamen Mingfu Liquor Industry Co., Ltd, signaling a potential expansion into the liquor industry.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:20 am

CNDT

Conduent has completed the sale of its Curbside Management Solutions and Public Safety Solutions businesses to Modaxo for $230 million. This strategic divestiture could potentially streamline Conduent's operations and focus on its core businesses, possibly impacting its financial health and stock performance positively in the short term.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:19 am

DPSI

DecisionPoint Systems has entered into a definitive agreement to merge with an affiliate of Barcoding Holdings, with the merger valued at $10.22 in cash per share. This strategic move could significantly impact DecisionPoint Systems' market position and financial outlook.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:18 am

DJT

Former U.S. President Donald Trump received 36 million shares from Trump Media Technology Group (NASDAQ:DJT), increasing his stake to over $5.7 billion. The shares, valued at $1.8 billion, were awarded as an earnout bonus for maintaining the stock price above $17.50 for 20 consecutive days. Trump Media, owner of Truth Social, went public in March, and Trump is the largest shareholder. The stock surged 50% in the past week, closing at $49.93, up 6.94%.

Portfolio Pulse from Benzinga Neuro

May 01, 2024 | 10:58 am

STN

Stantec has acquired Hydrock, a 950-person integrated engineering design firm, for an undisclosed amount, expanding its engineering and design services.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:48 am

CCJ

DNN

UEC

UUUU

Shares of uranium stocks, including CCJ, DNN, UEC, and UUUU, are trading higher following the US Senate's approval of a bill to ban Russian uranium imports. This legislative move is expected to reduce competition from Russian uranium, potentially increasing demand for uranium mined by these companies.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:21 am

ENSG

The Ensign Group has expanded its portfolio by acquiring a long-term acute care hospital and skilled nursing facility in Utah, and a skilled nursing facility in Iowa. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:10 am