Streetbeat News

Acquisitions Mergers

TELL

Tellurian Inc. stockholders have approved a merger agreement proposal, as announced by the company. This decision was made during a special meeting of stockholders, following the filing of a proxy statement with the SEC.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 1:10 pm

GBNHF

STIM

Neuronetics is set to acquire Greenbrook TMS in an all-stock transaction, with Greenbrook shareholders receiving 0.01149 Neuronetics shares per Greenbrook share. The Ontario Superior Court has granted an interim order for the transaction, which will result in Neuronetics investors owning 57% of the combined entity.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 12:36 pm

APO

Apollo Global Management shares are rising due to reports of potential acquisition talks with Barnes Group.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 12:20 pm

B

Barnes Group shares are experiencing an uptick due to reports that Apollo Global Management is in discussions to acquire the company.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 12:19 pm

APO

B

Apollo Global Management is in talks to acquire Barnes Group, an aerospace parts manufacturer, for over $45 per share. Barnes' shares have risen 25% this year, closing at $40 recently. The deal, if successful, could be finalized in weeks, but is not guaranteed.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 12:18 pm

PEV

Phoenix Motor Inc. (NASDAQ:PEV) shares surged premarket after reporting a significant increase in Q1 results, driven by a bargain purchase gain from acquiring Proterra's Transit business. The company also plans to establish an AI development center and has partnered with InductEV for wireless charging integration.

Portfolio Pulse from Lekha Gupta

October 04, 2024 | 12:17 pm

JBLU

JetBlue Airways shares rise as Sprint Airlines considers bankruptcy, following a blocked merger earlier this year.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 12:07 pm

CDE

SILV

Coeur Mining has agreed to acquire SilverCrest Metals in a deal valued at approximately $1.7 billion, following a court-approved plan of arrangement.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 11:09 am

JBLU

NVDA

QQQ

SAVE

SPY

US stocks are on edge as traders await the crucial jobs report. AI stocks received a boost from OpenAI's funding and Nvidia's strong demand for new chips. Spirit Airlines is exploring bankruptcy after a failed merger with JetBlue, which saw its stock rise. The SPDR S&P 500 ETF and Invesco QQQ ETF showed gains in premarket trading.

Portfolio Pulse from Shanthi Rexaline

October 04, 2024 | 10:20 am

APOG

LFCR

MMLP

SND

UAVS

Apogee Enterprises is expected to report earnings, Smart Sand declared a dividend and buyback, Lifecore Biomedical is expected to post a loss, Martin Midstream Partners is being acquired, and AgEagle Aerial Systems announced a reverse stock split.

Portfolio Pulse from Avi Kapoor

October 04, 2024 | 6:15 am