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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.....»»
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......»»
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......»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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......»»
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.....»»
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.....»»
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......»»
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.....»»
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.....»»
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.....»»