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ValueAct Acquires 6.7% Stake In New York Times; Describes Stock As ‘Undervalued’

By Shivani Kumaresan
August 12, 7:58 AM
San Francisco-based investment firm, ValueAct Capital Partners LP has acquired a 6.7% stake in New York Times Co (NYSE: NYT), according to a 

NYT

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  • M&A

Rapid Micro Biosystems Announces Review Of Strategic Alternatives; Says Rejects Unsolicited, Non-Binding $5/Share Proposal From Kennedy Lewis Investment Management

By Bill Haddad
August 12, 7:02 AM
Rapid Micro Biosystems, Inc. (NASDAQ:RPID) (the "Company"), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast,

RPID

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  • M&A
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Kinder Morgan Acquires North American Natural Resources For $135M

By Michael Horton
August 11, 4:08 PM
Increases RNG production and diversifies portfolio with landfill gas-to-power assets Kinder Morgan, Inc. (NYSE:KMI) today announced it has closed on the acquisition of North American Natural Resources, Inc. (NANR) and

KMI

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Shoals Technologies Bags New Solar Project In This Central American Country

By Akanksha Bakshi
August 11, 11:38 AM
Shoals Technologies Group, Inc. (NASDAQ:SHLS) has agreed with Consultoria e Inversiones Hondureñas en Energia S.A. (CIHESA) to supply its BLA…

SHLS

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  • M&A

Diana Shipping Inc. Announces the Acquisition of Nine Ultramax Dry Bulk Vessels From Sea Trade Holdings For Aggregate Purchase Price Of $330M

By Benzinga Newsdesk
August 11, 9:29 AM
The Company and Sea Trade have entered into a Master Agreement pursuant to which the Company will acquire the nine vessels for an aggregate purchase price of $330 million, of which $220 million will be

DSX

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Elon Musk’s Lawyers Seek Access To Names Of Twitter Employees Who Count Bot Accounts: Report

By Shanthi Rexaline
August 11, 5:42 AM
While speculation of Elon Musk’s renewed interest in Twitter, Inc. (NYSE: TWTR) is gaining ground, a report suggests that the Tesla, Inc.

TSLA

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ABB to Acquire Siemens Low Voltage NEMA Motor Business; Terms Not Disclosed

By Charles Gross
August 11, 5:22 AM
ABB announced today it has signed an agreement to purchase Siemens' low voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, this acquisition provides a well-regarded product portfolio, a longstanding North American customer base, and an experienced operations, sales, and management team.

ABB

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Barings to Acquire Altis Property Partners; Terms Not Disclosed

By Charles Gross
August 11, 5:16 AM
Barings today announced the signing of a share sale agreement to acquire 100% of Altis Property Partners (Altis), a leading real estate firm based in Australia. The parties expect to close the transaction on September 1, 2022.

BBDC

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Why CarLotz Stock Is Trading Higher Today

By Adam Eckert
August 10, 3:57 PM
CarLotz Inc (NASDAQ: LOTZ) shares are trading higher Wednesday after the company announced a merger agreement with 

LOTZ

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ITT Acquires Clippard Cylinder Product Line For Undisclosed Sum

By Akanksha Bakshi
August 10, 1:13 PM
ITT Inc. (NYSE:ITT) has acquired Clippard Instrument Laboratories’ product lines of durable, low maintenance, and cost-competitive interchangeable pneumatic cylinders. Deal terms…

ITT

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