Capri Holdings (NYSE:CPRI) saw a partial recovery in stock value amid speculation as the Federal Trade Commission removed a scheduled closed-door meeting from its website, raising concerns about potential FTC actions regarding Capri's planned acquisition by Tapestry (NYSE:TPR).
Franworth sells its holdings in The Lash Lounge to Riverside Capital, marking the growth journey from a 6-unit business in Dallas, TX, to over 130 open and another 140 units sold, as Franworth re-capitalizes and transforms into a leader-led organization, with a mission to create brighter futures for founders, franchisor teams, and entrepreneurs.
PGTI shareholders approve merger with MIWD, MITER Brands acquiring PGTI shares at $42.00 per share with financing from Koch Equity Development, transitioning PGTI to a privately held company, delisting from public markets expected later this month.
The Tyra Redevelopment Project by BlueNord ASA is on track, with Gas from the Dan F platform now entering the new Tyra II system, aiming for a March start-up, as indicated by TotalEnergies' REMIT notification.
HashiCorp (NASDAQ: HCP) surged 12% in after-hours trading following reports of the cloud software company exploring strategic options, including a potential sale, amidst ongoing discussions with interested parties and a market cap of $5.3 billion.
Wayne Savings Bancshares and Main Street Financial Services announced regulatory approval for their merger, aiming to form a premier community bank with improved offerings, targeting a second-quarter closure.
Brady Corp. is in exclusive negotiations to acquire Gravotech Holding for approximately $133 million, aiming to enhance its product identification offering with specialized engraving capabilities, expecting to close the deal by the end of fiscal year 2024, with no significant impact on earnings per share anticipated.
Novartis acquires IFM Due, a developer of STING antagonists for inflammatory diseases, for $90M upfront and up to $745M in milestone payments, with an option agreement initiated in 2019.
Scholastic (NASDAQ: SCHL) is set to acquire 100% economic interest in 9 Story Media Group for approximately USD $186 million, aiming to leverage 9 Story's industry-leading production and distribution capabilities to expand its reach across print, screens, and merchandising, solidifying a long-standing collaboration and anticipating substantial improvements in growth and bottom-line results.
Osaic, a leading wealth management provider, expands its portfolio by integrating Latitude Wealth Advisors, a firm based in Hauppauge, New York, with $210 million in client assets, emphasizing personalized service, comprehensive planning, and community involvement, marking a strategic move facilitated by Affiliated Advisors, contributing to Osaic's growth and capacity, totaling over $4 billion in client assets.
