Streetbeat News

Acquisitions Mergers

AGAE

Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) has entered into a strategic relationship with Yellow River Capital Group, which includes a $6.6 million investment by Yellow River. This investment involves subscribing to 6 million shares of AGAE's common stock and a warrant to purchase an additional 6 million shares over five years at $1.80 per share. Yellow River will also appoint a director to AGAE's board, enhancing AGAE's growth potential in entertainment content and location-based entertainment chains.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:41 pm

LVS

Las Vegas Sands has completed a transaction to purchase SCL common stock, acquiring 23.4 million shares and increasing its ownership to 71.31%.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:38 pm

DFH

Dream Finders Homes is set to acquire Alliant National Title Insurance Company, though the financial terms of the deal have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:32 pm

ESI

Element Solutions shares are experiencing an uptick in trading activity due to reports that the company might be considering a sale.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 7:51 pm

ALTR

SIEGY

Siemens is reportedly in talks to acquire software company Altair, according to Bloomberg News. This potential acquisition could impact both companies' market positions and stock prices.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 7:26 pm

OCUP

Ocuphire Pharma (NASDAQ:OCUP) has announced an all-stock acquisition of Opus Genetics, focusing on gene therapy for inherited retinal diseases. The combined company will be renamed Opus Genetics and trade under the ticker 'IRD' from October 2024. The merger expands their pipeline with gene therapy assets and a solution for vision disturbances. Ocuphire will seek a partner for its diabetic retinopathy program and redirect resources to gene therapy. The stock fell 13.5% following the announcement.

Portfolio Pulse from Vandana Singh

October 23, 2024 | 7:25 pm

ESI

Traders are circulating an unconfirmed rumor that Element Solutions Inc. (ESI) may be exploring a sale. This speculation could impact the company's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 7:16 pm

ALTR

Altair Engineering shares are rising due to reports that Siemens is in talks to acquire the company.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 7:11 pm

ALTR

Siemens is reportedly in talks to acquire the software group Altair, according to Bloomberg. This potential acquisition could impact the market dynamics for both companies.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 7:07 pm

EPOL

LMT

The U.S. State Department has approved a potential $7.3 billion sale of F-16 Viper Midlife Upgrades to Poland, including logistics and program support. This sale is a significant development in U.S.-Poland defense relations.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 7:05 pm