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Verint Agrees to Be Acquired by Thoma Bravo for $2 Billion

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
MELVILLE, N.Y.--(BUSINESS WIRE)--Verint® (NASDAQ: VRNT), The CX Automation Company(TM), announced today that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, in an all-cash transaction reflecting an enterprise value of $2 billion. Under the terms of the agreement, Verint common shareholders will receive $20.50 per share in cash, an 18% premium to Verint’s 10-day volume weighted average share price up to June 25, 2025 (unaffected share

Best’s Market Segment Report: With US Health Insurers Under Heavy Pressure, AM Best Revises Outlook on Segment to Negative

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised its outlook on the U.S. health insurance segment to negative from stable due to increased utilization and higher medical costs across the industry and other significant segment challenges. The Best’s Market Segment Report, “Market Segment Outlook: US Health Insurance,” states that the U.S. health insurance industry is experiencing a broad-based increase in medical expenditures driven by higher utilization of specialty drugs, physician visits a

Windward Management Issues Letter to Cineplex’s Board of Directors Encouraging Expedited Value Creation Strategy

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
MIAMI BEACH, Fla.--(BUSINESS WIRE)--Windward Management LP today issued the following open letter and presentation, Lights, Camera, Action, to the management team and board of directors of Cineplex Inc. Letter to CGX Board of Directors and Management Team August 25, 2025 Cineplex, Inc. Attn: The Board of Directors and Cineplex Management Team 1303 Yonge Street Toronto, Ontario, Canada M4T 2Y9 Members of the Board of Directors and Cineplex Management Team, Windward Management LP (collectively wi

Heritage Distilling Completes $223.8 Million Private Placement, Reducing Debt by $19.3 Million While Adding More than $320 Million in $IP Tokens to Treasury

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
GIG HARBOR, Wash.--(BUSINESS WIRE)---- $CASK--Heritage Distilling Completes $223.8 Million Private Placement, Reducing Debt by $19.3 Million While Adding More than $320 Million in $IP to Treasury

MEDIAALPHA INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates MediaAlpha, Inc.’s Directors and Officers for Breach of Fiduciary Duties – MAX

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
NEW YORK--(BUSINESS WIRE)---- $max #mediaalpha--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of MediaAlpha, Inc. (“MediaAlpha”), sometimes d/b/a QuoteLab, LLC (“QuoteLab”) (NYSE: MAX) breached their fiduciary duties to MediaAlpha and its shareholders. CLICK HERE TO LEARN MORE Scott+Scott is investigating whether members of MediaAlpha’s board of directors or senior management failed to manage MediaAlpha in a

Empery Digital Provides Update on Share Repurchase Program

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
AUSTIN, Texas--(BUSINESS WIRE)-- #BTC--Empery Digital Inc. (NASDAQ: EMPD) (the “Company” or “Empery Digital”) today announced an update on its previously authorized share repurchase program. As of August 22, 2025, the Company repurchased 363,395 shares of its common stock under its $100 million share repurchase program, at an average purchase price per share of $7.39, including all fees and commissions, using cash from its balance sheet. This represents the maximum number of shares permitted to be rep

Shareholder Alert: The Ademi Firm Investigates Whether Vital Energy Inc. Is Obtaining a Fair Price for Its Public Shareholders

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating Vital Energy (NYSE: VTLE) for possible breaches of fiduciary duty and other violations of law in its transaction with Crescent Energy 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. Shareholders of Vital Energy will receive 1.9062 shares of Crescent Class A common stock for each share of V

Shareholder Alert: The Ademi Firm Investigates Whether scPharmaceuticals Inc. Is Obtaining a Fair Price for Its Public Shareholders

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating scPharmaceuticals (NASDAQ: SCPH) for possible breaches of fiduciary duty and other violations of law in its transaction with MannKind. 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. Shareholders of scPharmaceuticals will receive $5.35 per share in cash plus contingent value rights worth up to $1.0

Farmers & Merchants Bank of Long Beach Declares Third-quarter Cash Dividend Payment of $28 Per Share

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
LONG BEACH, Calif.--(BUSINESS WIRE)--Farmers & Merchants Bank of Long Beach (OTCQX: FMBL) today announced that its board of directors has approved the Bank’s regular quarterly cash dividend of $28 per share on the Bank’s common stock. The quarterly dividend is payable on September 30, 2025, to shareholders of record as of September 15, 2025. The declaration represents F&M’s 533rd dividend payment. F&M has paid a dividend each year to shareholders since 1916, and the value of F&M

Legora and Harrison LLP announce partnership to bring cutting-edge AI to private wealth law clients

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
NEW YORK--(BUSINESS WIRE)--Legora, a leading legal AI platform, today announced a strategic partnership with Harrison LLP, a premier national boutique law firm specializing in private wealth law and international estate planning. The collaboration will integrate Legora’s advanced AI tools into Harrison’s practice, bolstering the firm’s ability to deliver highly personalized and forward-thinking legal solutions to clients. Legora is designed to unlock unparalleled collaboration between lawyers a

Redfin Survey: Struggling Young Renters Forego Restaurants, Skip Meals to Afford Rent

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
SEATTLE--(BUSINESS WIRE)--Seven in 10 Gen Z and millennial renters struggle to afford their regular housing payments, as do 41% of homeowners in that age group, according to a new report from Redfin, the real estate brokerage powered by Rocket. This report is based on survey results from a Redfin-commissioned survey conducted by Ipsos in May 2025, fielded to more than 4,000 U.S. homeowners and renters. The report focuses on the nearly 2,000 respondents who said they struggle to afford housing,

Incyte Announces the Appointment of Soni Basi as Executive Vice President and Chief Human Resources Officer

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
WILMINGTON, Del.--(BUSINESS WIRE)---- $INCY--Incyte Announces the Appointment of Soni Basi as Executive Vice President and Chief Human Resources Officer

Rule Garza Howley LLP Continues Expansion with Addition of Nate Harris and Aryeh Mellman

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
WASHINGTON--(BUSINESS WIRE)-- #Administration--Leading boutique law firm Rule Garza Howley announced it has hired Nathaniel (Nate) Harris and Aryeh Mellman, two experienced antitrust attorneys.

Frank Chu of Izzi Software Elected to SHARE Board to Lead Community Relations in Mainframe Community

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
MINNEAPOLIS--(BUSINESS WIRE)--Izzi Software, a leading provider of innovative enterprise software solutions, is pleased to announce that Frank Chu, Software Engineer at subsidiary ColeSoft Marketing, has been elected to join the board of SHARE, an independent volunteer-run information technology association that provides education, professional networking and industry influence for the enterprise IT community. In this capacity, he will also serve as Director at Large for SHARE. Chu provides eli

Moody’s to Increase Ownership in MERIS Ratings, Deepening Presence in the Middle East and Africa

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
NEW YORK--(BUSINESS WIRE)--Moody’s Corporation (NYSE:MCO) announced today that it intends to secure a majority equity stake in Middle East Rating & Investors Service (MERIS – an affiliate of Moody’s), a domestic credit rating agency in Egypt. The transaction extends the long-established partnership between the companies and deepens Moody’s presence in the Middle East and Africa, reaffirming its commitment to contribute to the ongoing development of local capital markets across the globe. “W

Humana Earns 2025 Great Place to Work Certification™ and PEOPLE Companies That Care® Recognition

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Earns 2025 Great Place to Work Certification™ and PEOPLE Companies That Care® Recognition

FiscalNote Issues New 2025 Advocacy Benchmark Report Derived From Its Industry-Leading Digital Advocacy Solution, VoterVoice

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
WASHINGTON--(BUSINESS WIRE)--FiscalNote Issues New 2025 Advocacy Benchmark Report Derived from its Industry-Leading Digital Advocacy Solution, VoterVoice

Modern Campus Announces Growth Investment from Providence Equity Partners

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
TORONTO & PROVIDENCE, R.I.--(BUSINESS WIRE)--Modern Campus (the “Company”), a leading learner-to-earner lifecycle platform for higher education, has received a majority growth investment from Providence Equity Partners, L.L.C. (“Providence”), a specialist private equity firm focused on growth-oriented investments in media, communications, education and technology companies across North America and Europe. Financial terms were not disclosed. Modern Campus provides a comprehensive suite of softwa

CloudWalk Leads Brazil’s Open Finance Revolution, Driving AI-Powered Financial Access for Entrepreneurs

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
SÃO PAULO--(BUSINESS WIRE)--CloudWalk, one of the fastest-growing global financial technology companies behind InfinitePay and Jim.com, has taken the lead in Brazil’s Open Finance rankings. According to the latest quarterly report by consulting firm Bip, CloudWalk — through its InfinitePay platform — now holds 19.5% of all business account data-sharing consents, a 97% increase since May. This puts the company ahead of major banks and fintechs with larger corporate customer bases. Launched in 20

Tema Surpasses $1bn AUM Two Years After Launch, Strengthens Team With Key Growth Hires

Lastest from Businesswire - Mon, 08/25/2025 - 09:25
NEW YORK--(BUSINESS WIRE)--Tema ETFs (“Tema”), the New York-based provider of innovative exchange traded funds (ETFs), has surpassed $1 billion in assets under management (AUM) in just two years since launch, achieved with less than $5m of initial seed AUM. Tema also announces the hiring of Devan O’Dowd as Head of Distribution and Ceri Llewelyn as Director of Marketing. Three highlights to note: Institutional Adoption: Tema estimates that over 90% of current AUM originates from Registered Inves

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