Latest News for: Cash merger


Hospital execs to Lamont, lawmakers: Seal the Yale-Prospect deal

The CT Mirror 27 Sep 2023
“They outlined several issues around cash flow and [payments to] vendors,” Currey said ... “There’s no question things have gotten pretty perilous at ECHN, mostly because of the cyberattack, but also because Prospect is having serious a serious cash flow problem,” Doucette said.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Myovant ...

The Eagle-Tribune 26 Sep 2023
(“Sumitovant”), issued a joint press release (“October 23 Press Release”) announcing that Sumitovant had agreed to acquire all of the outstanding common shares of Myovant that Sumitovant did not already own for $27.00 per share in cash (“Merger Consideration”) via a merger transaction (“Merger”).

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: ...

The Eagle-Tribune 26 Sep 2023
Under the terms of the Merger Agreement, Splunk will be acquired by Cisco (NasdaqCSCO) for $157.00 per share in cash for each share of Splunk held ... cash at closing) ... Under the terms of the merger agreement, NextGen Healthcare shareholders will receive $23.95 per share in cash.

SolarBank Completes Mechanical Construction of US$11.35 million Community Solar Project in the Town of Manlius, ...

Longview News-Journal 26 Sep 2023
... there is no guarantee on how the Company will use its available funds; the Company will continue to sell securities for cash to fund operations, capital expansion, mergers and acquisitions that will dilute the current shareholders; and future dilution as a result of financings.

INFINITY INVESTOR DEADLINE APPROACHING: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses ...

Victoria Advocate 23 Sep 2023
On February 23, 2023, before the stock market opened, Infinity announced via a webcast (the "Webcast") that it had entered into a merger agreement with MEI Pharma, Inc ... David Usso, of MEI, stated on the Webcast that expected cash after the merger was expected to be $100 million.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed ...

The Eagle-Tribune 23 Sep 2023
A merger was announced with another pharmaceutical company, and breast cancer treatment wasn’t mentioned ... The value of both proposed companies to the merger was half of cash on hand. On July 24, 2023, Infinity announced that the merger had been terminated, because shareholders of the merging company voted against it.

Nano Dimension Re-affirms They Are Voting “AGAINST” Stratasys’ Value-Destructive Merger with ...

Enid News & Eagle 22 Sep 2023
SSYS) (“Stratasys”) proposed merger with Desktop Metal Inc ... Nano Dimension’s opposition to a merger of Stratasys with Desktop Metal is based on the following rationale.Desktop Metal is a cash-burning1 former special purpose acquisition company (SPAC) that has underperformed and destroyed substantial shareholder value.

Graf Acquisition Corp. IV Announces Adjournment of Special Meeting to Approve Business Combination with NKGen ...

Longview News-Journal 22 Sep 2023
... to disclose some recent developments, including that NKGen waived the $50 million minimum cash condition under the agreement and plan of merger entered into in connection with the Business Combination, as well as to add one new proposal to be voted on at the Special Meeting.

Magellan Midstream Partners Unit Holders Approve $19B Merger Deal With Oneok

Market Watch 21 Sep 2023
Magellan Midstream Partners and Oneok reached a merger deal in mid-May ... Magellan Midstream Partners unit holders have approved the pipeline company’s $19 billion merger agreement with Oneok, the company said at a special shareholder meeting held Thursday morning ... Oneok is offering 0.667 of its units and $25 a share in cash for each Magellan unit.

3D Systems Supports Leading Proxy Advisor ISS’ Recommendation AGAINST Stratasys’ Planned ...

The Eagle-Tribune 21 Sep 2023
Recommendation to Reject the Desktop Metal Merger Based on the ... [I]t is not clear that [the Desktop Metal merger] creates value for SSYS shareholders ... 3D SystemsCash and Stock Offer is Superior to the Proposed All-Stock Desktop Metal Merger in Every Way, and the Market Agrees.

Magellan Midstream holders approve $18.8 billion sale to ONEOK

Reuters 21 Sep 2023
Magellan, in its proxy, cautions that the merger is not conditioned on the ... Chief Executive Aaron Milford would receive about $28 million in cash, stock and benefits after the merger while Chief Financial Officer Jeff Holman would get about $15 million, the proxy showed.

3D Systems Supports Leading Proxy Advisor ISS' Recommendation AGAINST Stratasys' Planned All-Stock Merger With Desktop Metal

MENA FN 21 Sep 2023
(MENAFN - GlobeNewsWire - Nasdaq) Recommendation to Reject the Desktop Metal Merger Based on the Availability of a Superior Alternative to Merge with 3D Systems for Stock and Cash ISS Raises ... .

EQT and PSP complete acquisition of Radius Global Infrastructure

The Galveston Daily News 21 Sep 2023
Under the terms of the merger agreement, which was approved by Radius stockholders at a special meeting held on June 15, 2023, Radius stockholders will receive $15.00 in cash per share of Radius common stock (the “Merger Consideration”) ... The dollar value of each unit of Reference Property shall be $15.00, an amount equal to the Merger Consideration.

Banks to see margin pressure amid hike in deposit rates; IndusInd Bank, Axis Bank to defend NIMs better: Jefferies

Live Mint 21 Sep 2023
For HDFC Bank, merger with HDFC Limited and impact of incremental Cash Reserve Ratio (I-CRR) will have a higher impact than purely gaps in rate hikes,” Jefferies said.Kotak Mahindra Bank is also benefiting from an increase in share of higher-yielding unsecured loans, it ...


Victoria Advocate 20 Sep 2023
(the "Merger"). Under the terms of the Merger, each share of Sumo Logic common stock owned was converted into the right to receive $12.05 in cash per share�(the "Merger Consideration") ... Also, over the years the firm has recovered or secured over a dozen cash common funds for shareholders in mergers & acquisitions class action cases.