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Envestnet Stockholders Approve Acquisition by Bain Capital
Prnewswire· 2024-09-24 20:35
BERWYN, Pa., Sept. 24, 2024 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) ("Envestnet," or the "Company"), a leading provider of integrated technology, data intelligence, and wealth solutions, today announced that, at a special meeting (the "Special Meeting"), the Company's stockholders approved the pending acquisition of the Company by affiliates of vehicles managed or advised by Bain Capital (the "Merger"). Based on a preliminary tally of voting results, approximately 99.33% of the votes represented at the ...
Kairos Pharma Enters Agreement with PreCheck Health Services to Develop Biomarkers to Identify Patients Responsive to ENV105 to Target Cancer Drug Resistance in Prostate and Lung Cancer Patients
GlobeNewswire News Room· 2024-09-24 20:20
LOS ANGELES, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Kairos Pharma Ltd. (NYSE American: KAPA), a clinical-stage biopharmaceutical company, announces a groundbreaking collaboration with PreCheck Health Services Inc., a CLIA-certified and CAP-accredited clinical laboratory specializing in genetic sequencing. The partnership focuses on the development of companion biomarkers for Kairos Pharma's cancer therapy, ENV105, which targets prostate and lung cancers. This strategic agreement aims to advance the precision of ...
Envestnet Wins Five 2024 'Wealthies' Awards, Including Advisor Choice Award & Best Unified (All-in-One) System
Prnewswire· 2024-09-23 12:00
BERWYN, Pa., Sept. 23, 2024 /PRNewswire/ -- Envestnet (NYSE: ENV), a leading provider of integrated technology, data intelligence, and wealth solutions, has been recognized as an industry leader at the 2024 WealthManagement.com Industry Awards (the "Wealthies"). Including its Exchanges and partner integrations, Envestnet's ecosystem won five awards, including top honors for Advisor Choice and Best Unified (All-in-One) System. Now in its 10th year, the WealthManagement.com Industry Awards aims to honor outst ...
ENVESTNET UNVEILS NEW TECHNOLOGY FOR RIAS AT FUTURE PROOF 2024
Prnewswire· 2024-09-16 12:00
New Envestnet RIA Capabilities include Enhanced Fixed-Income Trading tool, Unified Managed Accounts Integration, and New Client Portal Envestnet Co-CIO and Solutions Group President Dana D'Auria Takes the Stage at Future Proof 2024 to Address the Future of Investment Delivery BERWYN, Pa., Sept. 16, 2024 /PRNewswire/ -- Time, arguably an advisor's most valuable resource, is often in critically short supply, insufficient for what they would ideally like to spend with clients. According to Envestnet's 2024 Adv ...
Envestnet Stock Appreciates 27% Year to Date: Here's What to Know
ZACKS· 2024-09-02 16:56
Envestnet, Inc.'s (ENV) shares have gained 26.7% year to date compared with a 9.1% rise of the industry and an 18.4% increase of the Zacks S&P 500 composite. What's Behind the Rally ENV put on an impressive earnings performance history. Its earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with an average surprise of 6.2%. Envestnet is focused on increasing its share of the addressable market consisting of enterprise clients in wealth management, financi ...
Johnson Fistel, LLP Investigates Envestnet Deal Terms and for Potential Violations of Fiduciary Duties on Behalf of Shareholders
GlobeNewswire News Room· 2024-08-28 17:25
SAN DIEGO, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a leading stockholder rights law firm, announced today that it has initiated an investigation into the board members of Envestnet, Inc. (NYSE: ENV) concerning potential breaches of fiduciary duties related to the proposed sale of the Company to private equity firm Bain Capital. On July 11, 2024, Envestnet informed the public that it has agreed to a deal with Bain Capital, in which stockholders will receive $63.15 per share in an all-cash offe ...
Envestnet Tops 2024 'Wealthies' Finalists List With Seven Nominations
Prnewswire· 2024-08-27 20:15
Recognition Spans 'All-In-One' Platforms, Innovation, Direct Indexing, Retirement, and Annuities Showcasing Envestnet's Comprehensive Solutions and Integrations BERWYN, Pa., Aug. 27, 2024 /PRNewswire/ -- Envestnet (NYSE: ENV), a leading provider of integrated technology, data intelligence, and wealth solutions, announced that its ecosystem has been recognized as a finalist for seven 2024 Wealth Management Industry Awards ("Wealthies"). Envestnet's ecosystem received the highest number of finalists from a fi ...
Envestnet (ENV) Shares Barely Move After Q2 Earnings Miss
ZACKS· 2024-08-19 15:21
Envestnet, Inc. (ENV) reported mixed second-quarter 2024 results, wherein earnings missed the Zacks Consensus Estimate, while revenues surpassed the same. The stock price has not witnessed any significant impact of the earnings miss since the company released results on Aug 9, 2024. ENV's earnings per share were 55 cents, missing the Zacks Consensus Estimate by 12.7%. The bottom line increased 19.6% year over year from the second quarter of 2023. Total revenues of $348.3 million beat the consensus estimate ...
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates K and ENV on Behalf of Shareholders
GlobeNewswire News Room· 2024-08-15 13:26
NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Kellanova (NYSE: K)'s sale to Mars, Incorporated for $83.50 per share in cash. If you are a Kellanova shareholder, click here to learn more about your legal rights and options. Envestnet, Inc. (NYSE: ENV)'s sale to Bain Capital for $63.15 in cash per share. I ...
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Envestnet, Inc. – ENV
GlobeNewswire News Room· 2024-08-14 19:56
Group 1 - Monteverde & Associates PC is investigating Envestnet, Inc. regarding its proposed merger with Bain Capital Private Equity, LP [1] - Under the merger agreement, Envestnet shareholders will receive $63.15 per share of Envestnet common stock [1] Group 2 - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report [1] - The firm has a successful track record in recovering money for shareholders through class action lawsuits [2]