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.
Health Catalyst, Inc. has completed its acquisition of Carevive Systems, enhancing its oncology support capabilities and gaining new insights into patient-reported outcomes and oncology registry data.
GFL Environmental's stock rose 2% in premarket trading following reports that the waste services company enlisted JPMorgan to evaluate two offers, one for the entire business and another for its environmental services division, including interest from infrastructure and sovereign wealth funds.
AstraZeneca has acquired Fusion Pharmaceuticals for approximately $2.4 billion to enhance its oncology portfolio with Fusion's radioconjugates, including the advanced FPI-2265 program, and strengthen its presence in Canada.
Marketing software firm HubSpot (NYSE:HUBS) has reportedly hired financial advisors, including Goldman Sachs, to explore strategic options amid acquisition interest from tech giants Google and Amazon.
OneWater Marine (NASDAQ:ONEW) is negotiating to buy its larger competitor MarineMax (NYSE:HZO) for $40 per share in an all-cash deal, potentially valuing the combined company at $2.5 billion including debt, with an announcement possibly as soon as this month.
Hamamatsu Photonics has completed the acquisition of NKT Photonics, enhancing their technology portfolio in light sources, lasers, and detectors to drive growth in semiconductor, quantum, and medical fields.