Target Hospitality (NASDAQ:TH) plunged 30% in after-hours trading due to reports that the Biden administration plans to close the Dilley detention center, its largest facility.

Noble Corporation plc will acquire Diamond Offshore Drilling, Inc. in a stock and cash transaction, where Diamond shareholders receive 0.2316 Noble shares and $5.65 per share in cash, representing an 11.4% premium, resulting in Diamond shareholders owning approximately 14.5% of Noble post-transaction.

International Paper (NYSE:IP) may be valued at $54-$57 per share in a potential takeover by Suzano (SUZ), which is reportedly seeking up to $19 billion in debt for the deal, despite IP rejecting Suzano's initial $42-a-share bid as too low.

Four Corners Property Trust (NYSE:FCPT) acquired a MercyOne outpatient clinic in Iowa for $3 million, with a 7.2% cap rate and six years remaining on its triple net lease.