merger
Merger with SCL Health spurs Intermountain to $2.7B in net income
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Intermountain Healthcare reported net income of $2.7 billion in the first six months of the year, despite a heavy loss on investments and flagging operating income. The 46% year-over-year jump in net income for the Utah-based …
Excela Heath and Butler Health System announce merger
Excela Health and Butler Health System are merging into a new health system that will serve Western Pennsylvania, officials announced Wednesday morning. “We believe strongly that our new partnership will extend our intellectual and financial capital,” John Sphon, Excela Health Chief Executive Officer, said in a news release. “In doing so, we can enhance access …
Plant-growing technology firm Benson Hill going public in $2 bln SPAC merger- WSJ
May 9 (Reuters) – Benson Hill is going public by merging with a special-purpose acquisition company (SPAC) in a deal that values the plant-growing technology firm at $2 billion, the Wall Street Journal reported on Sunday. Benson Hill is combining with the SPAC Star Peak Corp II , the report added, citing the companies. The …
The Day – Voice technology startup Voxion, run by Stonington grads, acquired by California commpany
San Francisco-based voice entertainment company Volley announced this week it has acquired Voxion, a voice technology startup that high school graduates from Stonington founded in 2018. In the earlier days of Voxion, founders Matthew Gillen, Ryan Fornara and Nathaniel Rowe launched Hotel Helper, software used on Google Home speakers to act as a technological concierge, …
SHINE-Phoenix Merger Focused On Advancing Fusion Technology
A nuclear technology company and a medical isotopes company have merged. In fact, they’ve kind of re-merged, since they were founded by the same man, Greg Piefer. But there’s a wider story here of the maturing of the fusion energy industry and the mission of one man to deliver a socially game-changing energy technology via a development …
Grab to Go Public in Record-Breaking SPAC Merger
Grab Holdings Inc. said it would go public on the Nasdaq Stock Market by merging with a special-purpose acquisition company, securing a near-$40 billion valuation in a new milestone for the SPAC boom that has swept U.S. financial markets. The $39.6 billion deal to list Grab, a ride-hailing, food-delivery and digital-wallet group that operates across …
Railroads Strike a $25 Billion Merger
Canadian Pacific Railway Ltd. agreed to acquire Kansas City Southern in a merger valued at about $25 billion that would create the first freight-rail network linking Mexico, the U.S. and Canada. The companies said Sunday their boards agreed to a deal that values Kansas City at $275 a share in a combination of cash and …
SIMPLICITYBI JOINS BDO CANADA’S LIXAR TECHNOLOGY BUSINESS
Toronto, March 01, 2021 (GLOBE NEWSWIRE) — BDO Canada today announced the acquisition of Calgary-based technology services firm SimplicityBI, effective March 1, 2021. The SimplicityBI team will join BDO’s 500-people-strong Lixar Fueled by BDO technology business, increasing the organization’s presence in Western Canada and further expanding their digital transformation services coast-to-coast. Calgary-based SimplicityBI is a data …
Technology will be key as banks flex their merger muscles – Daily Business Magazine
Another shake-up in the UK banking landscape is on the cards and this time the big banks won’t get things all their own way, writes TERRY MURDEN A decade after the crash that left the financial system close to ruin, big banking is back and flexing its muscles. First came speculation that NatWest Group, the …
Benjamin Frankin Institute of Technology and Wentworth are talking merger — in secret
Aisha Francis was recently named CEO, making her one of the few African-American women running a college in this region. In recent years, the school has dreamed big dreams: Its campus is under agreement to be sold for many millions of dollars (the price has never been disclosed) to a big-time developer, Related Beal. BFIT, …
