Lastest from Businesswire

CHEVY CHASE, Md.--(BUSINESS WIRE)--Forbright Bank announced that it has purchased Chase Tower, the building that houses its headquarters at 4445 Willard Avenue in Chevy Chase, Maryland. The acquisition marks an important phase in Forbright’s evolution as a growing digital bank and nationwide middle‑market lender by giving the bank long-term control of its headquarters space and the flexibility to scale as the bank expands. Chase Tower’s mix of office and retail space, combined with its proximit

NEW YORK & LONDON--(BUSINESS WIRE)--WisdomTree today announced that it has completed its previously announced acquisition of Atlantic House Holdings Limited (“Atlantic House”).

NEW YORK--(BUSINESS WIRE)--Genius Sports Limited (“Genius Sports”) (NYSE:GENI), a global leader in real-time sports data, today announced it has completed its previously announced acquisition of Legend, a global, digital sports and gaming media network. Legend provides a scaled media platform, with world-class marketing technology powering owned and operated digital properties including Covers.com, Casino.org and Casino Guru. In 2025, Legend generated 320 million annual visits from 118 million

WESTLAKE, Texas--(BUSINESS WIRE)--Charles Schwab today kicked off the second annual National Investing Day, bringing together organizations from the financial industry and nonprofit community to participate in the day dedicated to investor education and empowerment. National Investing Day is grounded in a simple idea: while millions of Americans participate in the markets, many still lack the confidence or resources to see themselves as investors. Expanding access to credible, early education r

PONTIAC, Mich. & NEW YORK--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (“UWMC”) (NYSE: UWMC), today issued an open letter to the stockholders of Two Harbors Investment Corp. (“Two Harbors”) (NYSE: TWO). The letter sets out why UWMC’s new $12 per share offer is clearly superior to Two Harbors’ proposed transaction with CrossCountry. The letter also outlines how Two Harbors’ Board and management have not been working in the best interests of their shareholders, and have instituted provisions design

NEW YORK--(BUSINESS WIRE)--Pershing Square Inc. (NYSE: PS) (“Pershing Square”) today announced that Pershing Square CEO Bill Ackman and CIO Ryan Israel will host a live Spaces event on X on Friday, May 1 at 9:00 AM ET to discuss the recently completed combined initial public offerings of PS and Pershing Square USA, Ltd. (NYSE:PSUS). The Spaces event on X will be open to the public and provide the opportunity for participants to ask questions and engage in dialogue with Bill and Ryan regarding P

DALLAS & NEW YORK & LONDON & TOKYO & MILAN & BERGAMO, Italy--(BUSINESS WIRE)--Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund XII, L.P. has completed the acquisition of RadiciGroup, with its High Performance Polymers and Specialty Chemicals business areas, and has signed binding transaction agreements for the acquisition of DOMO Engineered Materials (“DOMO EM”), a business division of DOMO Group, with closing expected to occur imminently. The simultaneous and h

LONDON--(BUSINESS WIRE)--Inspirit Capital, a specialist investor in corporate carve-outs, and Kaplan, the global education company, have announced the completion of Inspirit’s acquisition of Kaplan Languages Group (KLG) from Kaplan. Financial terms are not being disclosed. KLG, a leading global language education platform, comprises Kaplan International Languages, Alpadia Language Schools, Azurlingua, and ESL Education. Inspirit Capital will support KLG in delivering on its ambitious growth pla

MENLO PARK, Calif.--(BUSINESS WIRE)--Quantum Leap Acquisition Corp (“Quantum Leap” or the “Company”) today announced the pricing of its initial public offering ("IPO") of 20,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share, subject to certain adjustments. The units are expecte

WALLA WALLA, Wash. & ABERDEEN, Wash.--(BUSINESS WIRE)--Banner Corporation (“Banner”) (NASDAQ: BANR), the holding company for Banner Bank, and Pacific Financial Corporation (“Pacific Financial”) (OTCQX: PFLC), the holding company for Bank of the Pacific, today jointly announced that they have entered into a definitive merger agreement. Under the terms of the agreement, Banner will acquire Pacific Financial in an all-stock transaction, subject to the terms and conditions set forth therein. Follow

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to eight classes of mortgage-backed notes from Aspire Mortgage Trust 2026-2 (SPIRE 2026-2), a $450.6 million non-prime RMBS transaction. The underlying collateral, comprising 829 residential mortgages, is characterized by fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs), which make up 99.3% and 0.7% of the pool, respectively. The loans are classified as Qualified Mortgages – Safe Harbor (APOR) (QM: Safe Harbor (A

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a BBB issuer rating to Universal Insurance Holdings, Inc. (NYSE: UVE) and a BBB preliminary long-term credit rating (LTCR) to UVE’s proposed $100 million fixed-rate senior unsecured notes (Notes) due 2031. The Outlook for both ratings is Stable. UVE intends to use the net proceeds from the proposed offering to refinance its existing $100 million 5.625% senior unsecured notes due November 30, 2026, thereby extending UVE’s debt maturity profile to 2031, as

DALLAS--(BUSINESS WIRE)--National commercial litigation and discovery counsel law firm Hilgers PLLC is proud to announce that Grant Schmidt, the Dallas office managing partner, has been named to the 2026 Lawdragon 100 Managing Partners You Need to Know guide. This is Mr. Schmidt’s second selection to the prestigious legal guide, which debuted last year and recognizes the nation’s top law firm leaders. In introducing this year’s honorees, Lawdragon described them as “impassioned, inclusive” and

PORTSMOUTH, N.H.--(BUSINESS WIRE)--FedPoint announced today that it has achieved Cybersecurity Maturity Model Certification (CMMC) Level 2, demonstrating full compliance with the security requirements of NIST Special Publication 800-171 for the protection of Controlled Unclassified Information (CUI). FedPoint’s Level 2 certification places the company among a group of the nation’s most trusted, defense‑ready administrators for business services. FedPoint received its official CMMC certification

NEW YORK--(BUSINESS WIRE)--Pershing Square USA, Ltd. (“PSUS”), an investment company managed by Pershing Square Capital Management, L.P. (“PSCM”), and Pershing Square Inc. (“PSI”), the parent company of PSCM, today announced the closing of the combined initial public offering (the “PSUS IPO”) of the common shares of beneficial interest of PSUS (the “PSUS Shares”) and the initial public offering (the “PSI IPO”, and together with the PSUS IPO, the “Combined IPO”) of the common stock of PSI (the “

BOLINGBROOK, Ill.--(BUSINESS WIRE)--Windy City Wire, a leading manufacturer and distributor of low-voltage wire and cable solutions headquartered in Bolingbrook, Illinois, announced expanded recruitment for its Sales Class of 2026, with applications now open. The company is actively reviewing candidates and extending offers on a rolling basis. The Sales Class of 2026 is a structured career development initiative designed to prepare college graduates and early-career professionals for long-term

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the In

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of th

SEATTLE--(BUSINESS WIRE)-- #MyFreeScoreNow--MyFreeScoreNow is continuing its legal efforts to secure the return of its customer data.

DALLAS--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas) today announced the publication of its 2025 Corporate Impact Report, highlighting its continued role as a reliable source of liquidity and its positive impact on communities through more than $134 million distributed through its financial institution members to improve housing affordability and economic well-being. “The progress we achieved in 2025 reflects the strong partnerships we’ve built with our members and a shar