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QXO to Acquire Beacon Roofing Supply for $11 Billion
GREENWICH, Conn. & HERNDON, Va.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) and Beacon Roofing Supply, Inc. (Nasdaq: BECN) today announced that they have entered into a definitive merger agreement under which QXO will acquire Beacon for $124.35 per share in cash. Beacon is a leading distributor of roofing, waterproofing and exterior products, with nearly 600 branches across the U.S. and Canada. The boards of directors of both companies have unanimously approved the transaction, which values Beacon
Footballer Niccolò Pisilli Joins Team Skechers
MILAN--(BUSINESS WIRE)--FOOTBALLER NICCOLÒ PISILLI JOINS TEAM SKECHERS; AS Roma and Italian National Team Midfielder Competing in Skechers Football boots
Media Alert: President Trump to Give Video Address at Blockworks Digital Asset Summit
--(BUSINESS WIRE)--Blockworks: What: President Donald Trump is expected to address the audience at the Digital Asset Summit in New York City on Thursday, March 20. His morning speech will be the first time a sitting president has ever addressed a crypto industry conference. The announcement comes after Executive Director of the White House’s Presidents Council of Advisers on Digital Assets, Bo Hines, spoke at DAS earlier this week, alluding to the administration’s desire to stockpile bitcoin fo
Securities Fraud Investigation Into NET Power Inc. (NPWR) Continues – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of NET Power Inc. (“Net Power” or the “Company”) (NYSE: NPWR) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON NET POWER INC. (NPWR), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On March 10, 2025, Net Power released its fourth quarter and full year 202
Securities Fraud Investigation Into Zynex, Inc. (ZYXI) Continues – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Zynex, Inc. (“Zynex” or the “Company”) (NASDAQ: ZYXI) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON ZYNEX, INC. (ZYXI), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On March 11, 2025, after market hours, Zynex released its fourth quarter and full
Kirby McInerney LLP Reminds TransMedics Group, Inc. (TMDX) Investors of Securities Class Action Lawsuit and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)---- $TMDX #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP reminds investors who purchased TransMedics Group, Inc. (“TransMedics” or the “Company”) (NASDAQ:TMDX) securities to contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to the securities fraud class action lawsuit against the Company. [LEARN MORE ABOUT THE CLASS ACTION] The lawsuit was filed on behalf of investors wh
Securities Fraud Investigation Into Fortrea Holdings Inc. (FTRE) Continues – Investors Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Fortrea Holdings Inc. (“Fortrea” or the “Company”) (NASDAQ: FTRE) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FORTREA HOLDINGS INC. (FTRE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is the Investigation About? On March 3, 2025, Fortrea released its fourth quarter and fu
SoftBank Group to Acquire Ampere Computing
TOKYO & SANTA CLARA, Calif.--(BUSINESS WIRE)--SoftBank Group Corp. (TSE: 9984, “SoftBank Group”) today announced that it will acquire Ampere® Computing, a leading independent silicon design company, in an all-cash transaction valued at $6.5 billion. Under the terms of the agreement, Ampere will operate as a wholly owned subsidiary of SoftBank Group and retain its name. As part of the transaction, Ampere’s lead investors – Carlyle (NASDAQ: CG) and Oracle Corp. (NYSE: ORCL) – are selling their re
Lithium Royalty Corp. Completes Partial Sale of Tres Quebradas Royalty to Triple Flag Precious Metals for $28 million (~C$40 million)
TORONTO--(BUSINESS WIRE)---- $LIRC #LIRC--Lithium Royalty Corp. (TSX: LIRC) (“LRC” or the “Company”) is pleased to announce that it has completed the partial sale of its Tres Quebradas royalty to Triple Flag Precious Metals Corp. (“Triple Flag”) and has received total cash consideration of $28 million, originally announced on December 17, 2024. Ernie Ortiz, LRC’s President and CEO said, “This transaction allows LRC to rebalance its portfolio, replenish its balance sheet, and sell only a portion of a royalty fo
GERN ALERT: Kirby McInerney LLP Reminds Geron Corporation Investors of Securities Class Action
NEW YORK--(BUSINESS WIRE)---- $GERN #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired Geron Corporation (“Geron” or the “Company”) (NASDAQ: GERN) securities during the period from June 7, 2024, through February 25, 2025 (“the Class Period”). Investors have until May 12, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. [LEARN MORE A
PRA Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of ProAssurance Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of ProAssurance Corporation (NYSE: PRA) to The Doctors Company for $25.00 in cash per share is fair to ProAssurance shareholders. Halper Sadeh encourages ProAssurance shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whethe
Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of The Bancorp, Inc. (TBBK) Investors
NEW YORK--(BUSINESS WIRE)---- $TBBK #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the District of Delaware on behalf of those who acquired The Bancorp, Inc. (“Bancorp” or the “Company”) (NASDAQ:TBBK) securities during the period from January 25, 2024 through and including March 4, 2025 (“the Class Period”). The lawsuit asserts claims against Bancorp and some of its officers for violation of the federal securities laws. Investors h
Frazier Healthcare Partners Announces Strategic Minority Investment from Petershill at Goldman Sachs Alternatives
SEATTLE--(BUSINESS WIRE)--Frazier Healthcare Partners, a Seattle-based, healthcare-focused private capital firm, is pleased to announce a passive, minority investment from Petershill at Goldman Sachs Alternatives (“Petershill”). Terms of the transaction were not disclosed. Founded in 1991, Frazier Healthcare Partners (“Frazier”) has invested in more than 200 companies over 34 years. The firm recently closed its latest flagship fund, Frazier Healthcare Growth Buyout Fund XI, L.P. (“FHGB XI”), wh
Securities Fraud Investigation Into Xponential Fitness, Inc. (XPOF) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Xponential Fitness, Inc. (“Xponential” or the “Company”) (NYSE: XPOF) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON XPONENTIAL FITNESS, INC. (XPOF), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On March 13, 2025, after market hours, Xponential issu
KBRA Assigns Preferred Stock Rating to Western Alliance's REIT subsidiary
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a preferred stock rating of BBB to BW Real Estate, Inc. (BW Real Estate), a majority-owned REIT subsidiary of Western Alliance Bank ("the bank"), the principal operating subsidiary of Western Alliance Bancorporation (NYSE: WAL; “Western Alliance” or "the company"). Beyond the assigned rating, Western Alliance's other ratings, collectively, are unaffected by this action. Key Credit Considerations BW Real Estate’s preferred stock rating is principally drive
AM Best Comments on Credit Ratings of ProAssurance Group Members and ProAssurance Corporation Following Announced Acquisition by The Doctors Company Insurance Group
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of the members of ProAssurance Group (ProAssurance) are unchanged following the March 19, 2025, announcement that all outstanding shares of ProAssurance Corporation (PRA) (NYSE: PRA) (Birmingham, AL) will be acquired by The Doctors Company Insurance Group (TDC Group). The outlook of ProAssurance’s Credit Ratings (ratings) is stable
Shareholder Alert: The Ademi Firm investigates whether ProAssurance Corporation is obtaining a Fair Price for its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating ProAssurance (NYSE: PRA) for possible breaches of fiduciary duty and other violations of law in its transaction with The Doctors Company. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, ProAssurance shareholders will receive only $25.00 in cash per share of ProAssurance common s
AM Best Comments on Credit Ratings of The Doctors Company Insurance Group Members Following Announced Acquisition of ProAssurance Corporation
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) of the members of The Doctors Company Insurance Group (TDC Group) (Napa, CA) are unchanged following the March 19, 2025, announcement that TDC Group will acquire all outstanding shares of ProAssurance Corporation (PRA) (NYSE: PRA) (Birmingham, AL). The outlook of TDC Group’s Credit Ratings (ratings) is stable. The
Bakkt Reports Fourth Quarter and Full Year 2024 Results
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt,” “Company,” “we” or “us”) (NYSE: BKKT) announced its financial and operational results for the quarter and full year ended December 31, 2024. CEO Comments: "2024 was a pivotal year for Bakkt as we successfully executed on our strategic priorities, delivered strong year-end results, and capitalized on the favorable macro conditions for the crypto industry," said Andy Main, CEO of Bakkt. "We achieved significant growth in our core cr
Nuveen Preferred Securities Closed-End Funds Announce Proposed Merger
NEW YORK--(BUSINESS WIRE)--The Boards of Trustees of Nuveen Preferred Securities & Income Opportunities Fund (NYSE: JPI) and Nuveen Preferred & Income Opportunities Fund (NYSE: JPC) have approved a proposal to merge the funds. The proposed merger, if approved by shareholders, would combine JPI into JPC. The merger is intended to create a larger fund with lower net operating expenses and increased trading volume on the exchange for common shares. The proposed merger of the funds is subje