Carrier Johnson + Culture, a multi-disciplinary design firm, has merged with Communita | Atelier, a renowned landscape architecture firm, to create a powerhouse of design services in the Pacific Northwest. This merger brings together the expertise of both firms, offering clients a wider range of design solutions, from architecture and interiors to landscape architecture and urban planning.
Attica Holdings S.A. experienced a surge in revenue following the integration of ANEK LINES S.A. However, the merger also brought increased costs and operational losses. Despite these challenges, the company remains committed to its growth strategy, investing in fleet renewal and expanding its hospitality offerings.
Liberty Broadband Corporation (LBRDA, LBRDK) stock soared on Tuesday after the company announced a counterproposal to Charter Communications (CHTR) for a merger. The all-stock transaction aims to simplify the corporate structure and offer shareholders enhanced liquidity.
Chevron Corporation’s $53 billion acquisition of Hess Corporation is on track to receive regulatory approval, potentially this week. Despite an arbitration claim from ExxonMobil, the deal is expected to close sooner than anticipated, boosting CVX and HES shares.
Alaska Airlines has appointed Joe Sprague as interim CEO of Hawaiian Airlines, signaling the airline’s commitment to expanding its presence in the Pacific region. This move comes as the two airlines finalize their merger, subject to specific conditions from the Department of Transportation. The integration aims to improve efficiency and service in the Pacific while maintaining distinct brands.
The Committee on Foreign Investment in the United States (CFIUS) has postponed its decision on Nippon Steel’s bid for United States Steel until after the presidential election. The deal, valued at $14.1 billion, has been met with resistance due to national security and supply chain concerns, raising questions about the future of the American steel industry.
Progressive Care Inc., a leading healthcare services and technology provider, has received shareholder approval for its business combination with NextPlat Corp. The merger is anticipated to close on October 1, 2024, after which Progressive Care will become a wholly-owned subsidiary of NextPlat. Progressive Care shareholders will receive shares of NextPlat stock in exchange for their Progressive Care shares.
California’s cannabis wellness brand, Papa & Barkley, has joined forces with Mammoth Distribution, a leading distributor in the state. This strategic merger promises to enhance quality, sustainability, and expand the reach of both companies on a national scale.
The merger of Guotai Junan Securities and Haitong Securities creates a sector leader in China with $230 billion in assets, reflecting Beijing’s drive to consolidate the $1.7 trillion industry. This move is part of a broader effort to create larger, more competitive players in a challenging market environment.
Eastside Distilling’s stock surged on Thursday after the company announced a merger agreement with Beeline Financial Holdings, a mortgage technology firm. The deal eliminates Eastside’s debt and opens up growth opportunities for Craft Canning + Digital Printing.
