PHILADELPHIA: Entercom Communications Corp. has closed on the acquisition of sports data and iGaming affiliate platform QL Gaming Group (QLGG) in an all cash deal for approximately $32 million, a news release said. The acquisition brings unrivaled data, analytics and insight-driven content to Entercom’s best-in-class sports broadcast stations, influential podcasts and RADIO.COM, the fastest growing…
Category: Wire
News wire, ,nyse exchange, market newspaper, equities market news, financial news,
Adobe to acquire Workfront
SAN JOSE: Adobe has entered into a definitive agreement to acquire Workfront, the leading work management platform for marketers, for $1.5 billion, subject to customary purchase price adjustments. With more than 3,000 customers and one million users, Workfront is the solution marketers rely on every day to efficiently manage content, plan and track marketing campaigns,…
Zix Corporation has acquired privately held CloudAlly Ltd.
DALLAS: Zix Corporation has acquired privately-held CloudAlly Ltd., an industry leader in cloud-based data backup and recovery for business, a news release said. Founded in 2011, Israel based CloudAlly is a pioneer of enterprise-grade, software-as-a-service (SaaS) cloud backup and recovery solutions. The company offers a robust suite of award-winning, ISO 27001 certified and GDPR/HIPAA compliant…
Take-Two Interactive Software confirms offer to possibly acquire Codemasters Group
NEW YORK: Take-Two Interactive Software Inc. confirmed the proposal to acquire the entire issued share capital of UK-based game publisher and developer, Codemasters Group Holdings. Take-Two Interactive Software has made a proposal to possibly acquire Codemasters at a price of 485 pence (approximately $6.40) per share, comprising 120 pence (approximately $1.58) per share in cash…
NPC enters $816 million Stalking Horse asset purchase agreement with Flynn Restaurant Group
LEAWOOD: NPC International Inc. has entered into a stalking horse asset purchase agreement with Flynn Restaurant Group LP through certain of its subsidiaries and will seek approval of Flynn as the stalking horse bidder from the U.S. Bankruptcy Court for the Southern District of Texas. Flynn has agreed to acquire substantially all of NPC’s assets…
NexPoint completes $900 million acquisition of Jernigan Capital Inc.
MEMPHIS: Affiliates of NexPoint Advisors L.P. completed acquisition of Jernigan Capital Inc., in an all-cash transaction valued at approximately $900 million. Pursuant to the transaction, holders of Jernigan’s common stock and holders of units of operating company interests in Jernigan Capital Operating Company, LLC are entitled to receive $17.30 per share/unit in cash. In connection…
JetBlue announces additional Thanksgiving Flying to support holiday demand
NEW YORK: JetBlue is expanding service from New York City over the peak Thanksgiving weekend, with additional nonstop flights from New York, Newark and Westchester County airports, a news release said. Additions include Florida destinations like Fort Lauderdale, Fort Myers, Orlando and Tampa, and more frequency in popular VFR markets like Port-au-Prince, San Juan, Santiago…
Tenet appoints Saum Sutaria to Board of Directors
DALLAS: Tenet Healthcare Corporation (THC) announced the appointment of Saum Sutaria, M.D., the Company’s President and Chief Operating Officer, to its Board of Directors, effective immediately. This appointment expands the Board to include 11 directors. Ron Rittenmeyer, Executive Chairman and CEO, said, “Saum has led a remarkable effort across the enterprise to enhance care delivery…
Vice President Mike Motta appointed Chief Commercial Officer at Novālent Biotech
GREENSBORO: Novālent Biotech Inc has promoted Mike Motta from Vice President to Chief Commercial Officer, a news release said. Kevin Parrish, CEO of Novālent says of Mr. Motta, “I enjoy working with Mike and he’s exceptional in his role as a leader so this promotion is well-deserved. We’re going to be looking to him to…
Schneider honored with 2020 SmartWay Excellence Award within trucking industry
GREEN BAY: Schneider has been honored again for its continuous achievements and commitment towards environmental leadership within the trucking industry. This year’s win marks the 11th time that Schneider has been recognized by the United States Environmental Protection Agency (EPA) with the SmartWay Excellence Award. Schneider has been an award recipient each year the EPA…
Seabury TFX rolls out all-new finance program, TrakFin
HONG KONG: Seabury TFX, a company of Seabury Capital Group LLC, rolled out an all-new finance program, TrakFin (www.trakfin.com) on the sidelines of the 2020 Hong Kong Fintech Week. The finance program is targeted to enable companies in the app store and advertising community to gain faster access to their earnings and deploy their resources…
Americold Realty Trust announces acquisition, expansion totaling $575 million
ATLANTA: Americold Realty Trust has acquired South Plainfield, New Jersey-based Hall’s Warehouse Corporation for $480 million, a news release said. Americold also announced two expansion projects, including a build-to-suit expansion in Arkansas for a top tier customer and an expansion of the Company’s existing Calgary facility, which was acquired earlier in the year with the…