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Bay Area health-care organization reaches $610 million deal to sell four hospitals

Nonprofit healthcare system Verity Health has reached a potential breakthrough in its Chapter 11 bankruptcy proceedings with an agreement to sell four of its six hospitals for $610 million to a group based in Southern California. Two of the four hos.....»»

Category: topSource: bizjournalsJan 18th, 2019

Ashford, looking to leave NYSE, sells Boston hotel for $171M

Dallas-based Ashford Hospitality Trust had announced earlier this year that it had an agreement to sell the property for $171 million. Now the buyers have been revealed......»»

Category: topSource: bizjournalsApr 19th, 2024

NY firm Certares buys Back Bay Hilton hotel

Dallas-based Ashford Hospitality Trust had announced earlier this year that it had an agreement to sell the property for $171 million. It had not revealed the buyer, however......»»

Category: topSource: bizjournalsApr 10th, 2024

PG&E stock gains after deal to sell San Francisco headquarters for $800 million

Shares of PG&E Corp. rose 0.9% in premarket trading Monday, after the California-based utility announced an agreement to sell its San Francisco headquarters complex for $800 million to Hines Atlas U.S. LP. The utility said it proposing to dis.....»»

Category: topSource: marketwatchMay 24th, 2021

Domtar to sell personal care business to private-equity firm American Industrial Partners for $920 million

Domtar Corp. sid Friday it has entered an agreement to sell its personal care business to private-equity firm American Industrial Partners for $920 mil.....»»

Category: topSource: marketwatchJan 8th, 2021

Allstate to return $600M to customers as people drive less, file fewer insurance claims during pandemic

Because people are driving a lot less due to the coronavirus crisis and filing a lot fewer claims, Allstate Corp. said it will return $600 million to its customers. The Northbrook, Illinois-based insurance company (NYSE: ALL) said most of its custom.....»»

Category: topSource: bizjournalsApr 6th, 2020

Allstate to return $600M to customers as people drive less, file fewer insurance claims during pandemic

Because people are driving a lot less due to the coronavirus crisis and filing a lot fewer claims, Allstate Corp. said it will return $600 million to its customers. The Northbrook, Illinois-based insurance company (NYSE: ALL) said most of its custom.....»»

Category: topSource: bizjournalsApr 6th, 2020

Allstate to return $600M to customers as people drive less, file fewer insurance claims during pandemic

Because people are driving a lot less due to the coronavirus crisis and filing a lot fewer claims, Allstate Corp. said it will return $600 million to its customers. The Northbrook, Illinois-based insurance company (NYSE: ALL) said most of its custom.....»»

Category: topSource: bizjournalsApr 6th, 2020

Hexo to raise $20 million in share sale, sending stock down 6% premarket

Hexo Corp. shares slid 6% in premarket trade Friday, after the Canadian cannabis company said it plans to sell shares to raise $20 million in funding. The Ottawa-based company said it has entered an agreement wi.....»»

Category: topSource: marketwatchJan 17th, 2020

Hexo to raise $20 million in share sale, sending stock down 6% premarket

Hexo Corp. shares slid 6% in premarket trade Friday, after the Canadian cannabis company said it plans to sell shares to raise $20 million in funding. The Ottawa-based company said it has entered an agreement wi.....»»

Category: topSource: marketwatchJan 17th, 2020

Cresco Labs Closes $50M Sale-And-Leaseback Agreement With GreenAcreage

Cresco Labs (CSE: CL) (OTC: CRLBF) said Thursday it has closed an agreement to sell its Lincoln-based cannabis cultivation facility to GreenAcreage Real Estate Corp. for $50 million. 0 read more.....»»

Category: blogSource: benzingaDec 12th, 2019

KC-area public company plans to sell for 432% premium

One of the Kansas City area's few remaining over-the-counter stocks is to sell for for $48 million in cash, which includes assuming about $1.4 million in debt. Olathe-based custom electronics manufacturer Torotel Inc. (OTC: TTLO) reached an agreement.....»»

Category: topSource: bizjournalsDec 2nd, 2019

Houston chemical co. to sell business unit for $530M

Houston-based Kraton Corp. (NYSE: KRA) will sell its Cariflex business unit to South Korea-based Daelim Industrial Co. Ltd. for $530 million. The deal is expected to close in the first quarter of 2020, according to an Oct. 30 press release. Cari.....»»

Category: topSource: bizjournalsOct 30th, 2019

Barneys enters deal to sell assets to Authentic Brands, B. Riley for $271 million cash

U.S. luxury department-store chain Barneys New York Inc has reached an agreement to sell its assets to brand developer Authentic Brands Group and investment bank B. Riley Financial Inc , according to a filing on Wednesday......»»

Category: topSource: reutersOct 17th, 2019

A publicly traded company in Louisville being sold in $23 million deal

Louisville-based Industrial Services of America, a metals recycling business, has agreed to sell substantially all of its assets to River Metals Recycling LLC. The purchase price is $23.3 million, less certain payoff amounts, such as taxes and l.....»»

Category: topSource: bizjournalsAug 19th, 2019

Industrial Scientific buying software company for $570M

Industrial Scientific Corp. is acquiring software firm Intelex Technologies for $570 million. Pittsburgh-based Industrial Scientific, a subsidiary of Fortive Corp., on Thursday said it has signed a definite agreement to buy the software company from pri.....»»

Category: topSource: bizjournalsJun 6th, 2019

Oklahoma reaches $85 million settlement with Teva Pharmaceuticals ahead of trial

Oklahoma has reached a $85 million settlement agreement with Israeli-based Teva Pharmaceutical Industries Ltd ahead of the start of a trial in a multibillion-dollar lawsuit over the opioid epidemic, the state's attorney general said on Sunday......»»

Category: topSource: reutersMay 26th, 2019

Fred"s reaches $40M deal with CVS

Just weeks after publicly announcing plans to sell its specialty pharmacy business, Fred’s Inc. has a buyer. The Memphis-based general merchandise and pharmacy store announced today that it had reached a definitive agreement to sell certain ass.....»»

Category: topSource: bizjournalsMay 7th, 2018

Denver company to sell Texas oil and gas assets for $570 million

Denver-based Cimarex Energy Co. (NYSE: XEC) has entered into an agreement to sell certain properties in Ward County, Texas, to Natchez, Mississippi-based Callon Petroleum (NYSE: CPE). The purchase price is $570 million in cash. The properties pro.....»»

Category: topSource: bizjournalsMay 24th, 2018

Fred"s $40M deal with CVS closes

Memphis-based Fred’s has closed the $40 million sale of its specialty pharmacy business. In early May, Fred’s announced it reached a definitive agreement to sell certain assets of its specialty pharmacy unit — EntrustRx — to Advanced Care.....»»

Category: topSource: bizjournalsJun 4th, 2018