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Osprey Announces Termination of Asset Purchase Agreement
FAIRFIELD, Conn.--(BUSINESS WIRE)--Osprey Funds, LLC (“Osprey”), the sponsor of the Osprey Bitcoin Trust (OTCQX: OBTC), announced today the termination of the previously announced Asset Purchase and Contribution Agreement (the “APA”). The APA was terminated as the parties did not receive all regulatory approvals by December 31, 2024. Osprey intends to subsequently provide its investors with an update as to its strategic alternatives for OBTC. About Osprey Funds Osprey Funds, LLC offers common-s
Osprey Funds to Convert the Osprey Bitcoin Trust (OBTC) into an ETF
FAIRFIELD, Conn.--(BUSINESS WIRE)--Osprey Funds, LLC (“Osprey”), the sponsor of the Osprey Bitcoin Trust (OTCQX: OBTC), today announced its intent to file a Registration Statement on Form S-1 with the Securities and Exchange Commission to convert OBTC into an exchange-traded fund (“ETF”) as soon as practicable. This press release is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended (the “Securities Act”), and shall not constitute an offer to s
Three Olson Grimsley Partners Named to 2025 Lawdragon 500 Leading Lawyers in America
DENVER--(BUSINESS WIRE)--National plaintiff-side and public interest boutique law firm Olson Grimsley is pleased to announce that founding partners Eric Olson, Sean Grimsley and Kenzo Kawanabe have been named to the 2025 Lawdragon 500 Leading Lawyers in America, a guide to the country’s most accomplished attorneys. Leading Lawyers is Lawdragon’s flagship guide. “We are fiercely proud of this guide, the lawyers on it, the process that creates it and what it means: that being a great lawyer, a po
Hudson Pacific Provides Portfolio Update Related to Los Angeles Wildfires
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that its office properties and studio facilities and equipment located in Los Angeles are undamaged and fully operational. “Los Angeles is a city of unmatched innovation, creativity and resilience,” said Victor Coleman, Chairman and CEO. “Our employees are safe and our assets unharmed, but the losses suffered by our colleagu
Transcontinental Realty Investors, Inc. Extends Limited Tender Offer for Income Opportunity Realty Investors, Inc. Shares to January 29, 2025
DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (NYSE: TCI) announced today that it had extended the expiration date and time of the previously announced limited tender offer to purchase shares of common stock, par value $0.01 per share (the “Shares”) of Income Opportunity Realty Investors, Inc. (NYSE American: IOR) for $18 per shares, net to the seller in cash without interest and less any required withholding taxes (the “Offer”) to 5:00 o’clock p.m. New York City time on Wedn
American Financial Group, Inc. Announces Its Conference Call and Webcast to Discuss 2024 Fourth Quarter and Full Year Results
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) expects to release its 2024 fourth quarter and full year results after 5:00 p.m. (ET) on Tuesday, February 4, 2025. The release will be available shortly thereafter on AFG’s website at www.AFGinc.com. In conjunction with its release, AFG will hold a conference call to discuss 2024 fourth quarter and full year results at 11:30 a.m. (ET) on Wednesday, February 5, 2025. There are two ways to access the call. By Telephone Parti
Northern Trust Secures Platinum Asset Management Asset Servicing Business
SYDNEY--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that it has been appointed by Sydney-based Platinum Asset Management to provide comprehensive asset servicing solutions across their Australian funds. Platinum Asset Management, founded in 1994, focuses on global equities and has approximately AU$11billion in total funds under management. Under the terms of the new mandate, Northern Trust will provide custody, fund administration, regulatory reporting, investment operations
Selective Insurance Schedules Earnings Release and Conference Call to Announce Fourth Quarter 2024 Results
BRANCHVILLE, N.J.--(BUSINESS WIRE)-- #SelectiveInsurance--Selective Insurance Schedules Earnings Release and Conference Call to Announce Fourth Quarter 2024 Results
Generational Group Advises Ray Roberts Services, Inc. in Its Sale to an Undisclosed Private Investor
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, Ray Roberts Services, Inc. to an undisclosed Private Investor. The acquisition closed January 13, 2025. Located in Quitman, TX, Ray Roberts Services, Inc., is a family-owned and operated HVAC company that has been dedicated to keeping families comfortable year-round since 1979. As an exclusive Rheem dealer, the company offers
The Baldwin Group to Report Fourth Quarter 2024 Results on Tuesday, February 25, 2025
TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group, the brand name for The Baldwin Insurance Group, Inc. (“Baldwin” or the “Company”) (NASDAQ: BWIN), announced today that it will report its fourth quarter 2024 financial results after the market closes on Tuesday, February 25, 2025. The Company will hold a conference call to discuss results at 5:00 PM ET on that day. The dial-in number for the conference call is (877) 451-6152 (toll-free) or (201) 389-0879 (international). Please dial the number 10
Strategic Storage Trust VI, Inc. Announces Successful Refinancing of Loans for Four Properties
LADERA RANCH, Calif.--(BUSINESS WIRE)--Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), is pleased to announce the successful refinancing of loans for four of its Canadian properties. This strategic move addresses the loans’ upcoming 2025 maturities and will effectively reduce SST VI’s interest rate by approximately 100 basis points (bps) as compared to the pre
Aviation Capital Group Announces Delivery of One Boeing 737-8 MAX to Air India Express
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #acg--Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one Boeing 737-8 MAX aircraft to Air India Express. Featuring CFM International LEAP-1B engines, this is the first aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and Air India Express. ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft
Intel Capital to Become Standalone Investment Fund
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation plans to separate Intel Capital, its global venture capital arm, into a standalone fund.
Vroom Completes Recapitalization
NEW YORK--(BUSINESS WIRE)--Vroom, Inc., a leading automotive finance company and a data, AI-powered analytics and digital services platform supporting the automotive industry, today announced that as of January 14, 2025, it has successfully completed its recapitalization of unsecured convertible senior notes and emerged from the prepackaged Chapter 11 case it voluntarily filed in the U.S. Bankruptcy Court for the Southern District of Texas. Vroom emerges without any long-term debt at Vroom, Inc
Houlihan Lokey Announces Release Date for Third Quarter Results for Fiscal Year 2025
LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that it will release its third quarter results for the 2025 fiscal year on Tuesday, January 28, 2025, after the close of trading on the New York Stock Exchange. Houlihan Lokey will host a conference call at 5:00 p.m. (ET) that same day to review the results. On the call, Scott Adelson, Chief Executive Officer, and Lindsey Alley, Chief Financial Officer, will discuss the fiscal 2
Equitable Holdings Schedules Announcement of Full Year and Fourth Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Equitable Holdings Schedules Announcement of Full Year and Fourth Quarter 2024 Results
Forge Global Names Former London Stock Exchange Group Executive James Nevin as New CFO
SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading global private securities marketplace, today announced the appointment of former London Stock Exchange Group (LSEG) executive James Nevin as its new CFO, effective January 20, 2025. Mr. Nevin will succeed CFO Mark Lee, who has held the role since 2018. Mr. Lee will continue to contribute his expertise to Forge, overseeing strategic financial and wealth initiatives as Chief of Strategi
Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Citigroup Inc. yesterday declared a quarterly dividend on Citigroup’s common stock of $0.56 per share, payable on February 28, 2025, to stockholders of record on February 3, 2025. The Board of Directors of Citigroup Inc. also declared dividends on Citigroup’s preferred stock as follows: – 6.250% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series T, payable February 18, 2025, to holders of record on February 7, 2025. Holders of dep
Eaton Vance Municipal Bond Fund Announces Final Results of Tender Offer
BOSTON--(BUSINESS WIRE)--Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced today the final results of the Fund’s cash tender offer for the following amount of its outstanding common shares (the “Tender Offer”). The Tender Offer expired at 5:00 p.m. Eastern Time on January 10, 2025. The final results of the Tender Offer based on a count by Equiniti Trust Company, LLC, the depositary for the Tender Offer, are provided in the table below. Common Shares Offered to Purchase
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of five dollars ninety-five cents ($5.95) per Unit of Beneficial Interest payable on February 20, 2025 to Mesabi Trust Unitholders of record at the close of business on January 30, 2025. This compares to a thirty-seven cents ($0.37) per Unit distribution declared and paid for the same period last year. The Trustees’ announcement today of a five dollars ninety-five