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M&A

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  • Equities
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Why Aerospace Company Kaman Shares Are Skyrocketing Today

By Nabaparna Bhattacharya
January 19, 10:10 AM
Kaman Corporation's shares surge as Arcline Investment Management acquires it for $1.8 billion in an all-cash deal at a premium of 105%.

KAMN

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4 minute read
  • Asset Sales
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Blackstone Real Estate To Take Tricon Residential Private; Will Acquire All Outstanding Common Shares Of Tricon For $11.25 Per Common Share In Cash

By Benzinga Newsdesk
January 19, 9:48 AM
Blackstone Remains Committed to Tricon's Extensive Housing Development Platform, Including its Pipeline of $1 Billion of New Single-Family Homes in the U.S. and $2.5 Billion of New Apartments in CanadaPlans to Improve

BX

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2 minute read
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Why Is IRobot Stock Trading Tumbling Friday?

By Anusuya Lahiri
January 19, 8:32 AM
iRobot Corp's stock tumbles amid reports of the European Union's likely rejection of its merger with Amazon. The anticipated decision, which contradicts the UK CMA's approval, could significantly impact the robotic vacuum cleaner market and Amazon's expansion plans.

ADBE

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3 minute read
  • Earnings
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John Bean Unveils Revised Ambitious €3.5B Marel Takeover Offer – What’s On The Cards?

By Lekha Gupta
January 19, 7:16 AM
John Bean Technologies exceeds FY23 expectations with adjusted EPS of $4.05-$4.15, citing strong operational execution and revenue growth. The company plans a voluntary takeover offer for Marel hf, anticipating annual synergies of $125 million post-merger.

JBT

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1 minute read
  • M&A
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John Bean Technologies Provides Preliminary FY23 Results, Expects Adjusted EPS In Excess Of Guided $4.05 – $4.15 Vs. $4.02 Consensus, And Revenue Of $ $1.66B – $1.67B Vs. $1.67B Consensus; Eyes Marel Acquisition At €3.60/Share;

By Benzinga Newsdesk
January 19, 4:01 AM
Full year 2023 preliminary earnings per share (EPS) in excess of guidance (GAAP EPS: $4.00 - $4.10 and adjusted EPS: $4.05 - $4.15) driven by strong operational execution; a

JBT

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2 minute read
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Spirit Airlines Navigates Financial Turmoil Amid JetBlue Airways Merger Fallout

By Vandana Singh
January 18, 2:13 PM
Explore Spirit Airlines' financial challenges post-JetBlue merger setback. Risks mount with near-term debt and uncertainties. Airline's strategic decisions and competitive landscape.

JBLU

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Tempur Sealy Analyst Has 4 Reasons For Turning Bullish Ahead Of Mattress Firm Deal

By Priya Nigam
January 18, 1:36 PM
Tempur Sealy International Inc (NYSE: TPX) is progressing to close the Mattress Firm acquisition this year.

TPX

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1 minute read
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Financials Company Princeton Bancorp Announces Merger With Cornerstone Financial

By Benzinga Insights
January 18, 11:10 AM
Princeton Bancorp (NASDAQ:BPRN) has announced a merger with Cornerstone Financial (OTC:CFIC) that is expected to be completed in…

BPRN

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2 minute read
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Why Homebuilding Company M.D.C. Holdings Shares Are Rocketing Today

By Lekha Gupta
January 18, 10:47 AM
Sekisui House seals a $4.9 billion merger with M.D.C. Holdings at $63 per share, marking a 19% premium. The deal strengthens Sekisui House's North American growth strategy, aligning with its vision to supply 10,000 homes outside of Japan by FY2025.

MDC

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2 minute read
  • Commodities
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Alamos Gold Acquires Orford Mining, Targets Domestic Growth Prospects

By Stjepan Kalinic
January 18, 10:04 AM
The Alamos Gold strategy is to build out a pipeline of "high-quality, long-term projects, in good jurisdictions," CEO John A. McCluskey said.

AEM

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