Streetbeat News

Acquisitions Mergers

CNSWF

Constellation Software Inc. reported a strong Q3, highlighting a trade-off between profitability and mergers and acquisitions (M&A). The company showed margin expansion, although capital deployment was muted. However, there are signs of recovery, with substantial dry powder available for future investments.

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November 13, 2024 | 9:00 pm

EMKR

Monteverde & Associates PC is investigating the proposed merger of EMCORE Corporation with Velocity One Holdings, LP. The firm is known for recovering money for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report.

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November 13, 2024 | 8:30 pm

NMRK

Newmark has advised Unibail-Rodamco-Westfield (URW) in the €172.5 million sale of an office property in Paris to Swiss Life Asset Managers and Norges Bank Investment Management.

Portfolio Pulse from

November 13, 2024 | 8:15 pm

AE

Monteverde & Associates PC is investigating the proposed merger of Adams Resources & Energy, Inc. with an affiliate of Tres Energy LLC. The firm is known for recovering millions for shareholders in class action lawsuits.

Portfolio Pulse from

November 13, 2024 | 8:15 pm

LINTA

Liberty Media plans to spin off Liberty Live, including its stake in Live Nation and Quint, into a standalone company. CEO Greg Maffei will step down at the end of the year. Liberty Media will retain Formula One and MotoGP.

Portfolio Pulse from

November 13, 2024 | 8:15 pm

WAB

Wabtec Corporation has acquired Fanox and Kompozitum, which is expected to enhance its earnings, product portfolio, and customer base.

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November 13, 2024 | 8:00 pm

CPB

Campbell Soup Company (CPB) is divesting its noosa yogurt brand to concentrate on its core business, aiming to enhance growth in fiscal 2025.

Portfolio Pulse from

November 13, 2024 | 7:30 pm

SAVE

Spirit Airlines' stock price has plummeted by over 64% in premarket trading following the collapse of merger talks with Frontier Airlines. The stock is now trading at approximately $1.14 per share, down from $3.22.

Portfolio Pulse from

November 13, 2024 | 6:45 pm

DISH

DTV

DirecTV has decided to cancel its planned acquisition of EchoStar's video distribution service, Dish DBS, due to Dish bondholders rejecting a debt exchange.

Portfolio Pulse from

November 13, 2024 | 6:45 pm

IBP

Installed Building Products, Inc. (IBP) has acquired Tatum Insulation III, LLC, expanding its geographic reach and revenue streams in North Carolina's residential and commercial markets.

Portfolio Pulse from

November 13, 2024 | 6:45 pm