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Enzon Announces Reverse Stock Split
Globenewswire· 2026-03-24 12:45
CRANFORD, N.J., March 24, 2026 (GLOBE NEWSWIRE) -- Enzon Pharmaceuticals, Inc. (OTCQB: ENZN) (“Enzon” or the “Company”), today announced that the previously approved 1-for-100 reverse stock split will become effective on March 24, 2026, at 4:30 pm, Eastern Time (the “Effective Time”), and the Company’s common stock is expected to begin trading on a reverse stock split-adjusted basis on the OTCQB at market open on March 25, 2026. The Company’s common stock is expected to trade under the temporary symbol “ENZ ...
Estee Lauder confirms talks with Spanish perfume maker Puig
Yahoo Finance· 2026-03-24 12:03
NEW YORK (AP) — Estee Lauder and the perfume maker Puig are in merger talks that would potentially put brands like MAC, Clinique, Charlotte Tilbury and Jean Paul Gaultier under one roof. Estee Lauder Cos. confirmed the discussions but said that no agreement has been reached with the century-old Spanish company. Estee Lauder has been attempting to staunch a slide in sales with revenue falling in each of the past three years. The New York company said in 2025 that it could possibly cut as many as 7,000 jo ...
South Plains Financial, Inc. and BOH Holdings, Inc. Announce All Required Regulatory and Shareholder Approvals Received for Proposed Merger
Globenewswire· 2026-03-23 20:15
LUBBOCK, Texas, March 23, 2026 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), and BOH Holdings, Inc. (“BOH”), the parent company of Bank of Houston, today jointly announced that, on March 20, 2026, the shareholders of BOH approved the previously announced proposed merger of BOH with and into South Plains, with South Plains continuing as the surviving corporation, followed by the proposed merger of ...
Monroe Capital Stockholders Approve Asset Sale and Merger Proposals at Special Meeting
Yahoo Finance· 2026-03-21 03:07
Monroe Capital logo Key Points Stockholders approved both the asset sale and merger proposals at the March 13, 2026 special meeting, with 11,645,478 shares (53.74%) voting for the asset sale and 11,636,057 shares (53.70%) voting for the merger. The meeting met quorum (13,677,893 shares, or ~63.13% of outstanding shares), the board recommended approval, and the company said the inspector will file a final report and it will file a Form 8‑K with the SEC within four business days. Interested in Monroe C ...
Warner Bros. CEO could make $887 million from Paramount merger
CNBC Television· 2026-03-20 20:48
Paramount has agreed to buy Warner Brothers Discovery for $110 billion. WBD's top executives are set to become some of the biggest winners of this deal. Now, when a company is acquired, its highest paid executives are sometimes let go.There are often contractual agreements in place called change of control clauses that guarantee significant pay if in fact they are ousted. This is called a golden parachute. Warner Brothers president CEO David Zazlav's golden parachute could reach close to $900 million.Now th ...
Why Is American Water Works (AWK) Up 4.4% Since Last Earnings Report?
ZACKS· 2026-03-20 16:32
It has been about a month since the last earnings report for American Water Works (AWK) . Shares have added about 4.4% in that time frame, outperforming the S&P 500.But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is American Water Works due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important drivers. ...
TWO Announces First Quarter 2026 Common and Preferred Stock Dividends
Businesswire· 2026-03-19 20:15
TWO Announces First Quarter 2026 Common and Preferred Stock Dividends Mar 19, 2026 4:15 PM Eastern Daylight Time TWO Announces First Quarter 2026 Common and Preferred Stock Dividends Share NEW YORK--(BUSINESS WIRE)-- TWO(Two Harbors Investment Corp, NYSE: TWO), an MSR-focused REIT, today declared a dividend of $0.34 per share of common stock for the first quarter of 2026. The first quarter dividend is payable on April 15, 2026 to common stockholders of record at the close of business on April 2, 2026. The c ...
IPALCO Enterprises, Inc. Announces Amendments to and Further Extension of Consent Solicitations
Prnewswire· 2026-03-19 12:30
Core Viewpoint - IPALCO Enterprises, Inc. is amending and extending its consent solicitations for its 4.25% Senior Notes due 2030 and 5.75% Senior Notes due 2034 to adopt proposed amendments to the indentures governing these notes [1][2] Summary by Sections Consent Solicitation Details - The expiration time for the consent solicitations has been extended to 5:00 p.m. New York City time on March 24, 2026 [2] - The consent fee for consenting holders has been modified, and previously proposed amendments have been deleted except for the change of control waiver related to the Merger [2][3] Consent Fee Structure - Holders who deliver valid consents will receive a consent fee ranging from $2.50 to approximately $5.00 per $1,000 aggregate principal amount of notes, depending on the amount of consents received [4][3] Merger Context - The consent solicitations are being conducted at the request of Horizon Parent, L.P. in connection with a merger agreement involving The AES Corporation [5] - If the merger is not completed, no consent fees will be paid, and the proposed amendments will not take effect [6] Additional Information for Holders - Holders who have already granted consents do not need to take further action to be eligible for the modified consent fee [7] - Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. are acting as solicitation agents for the consent solicitations [8]
AES Announces Expiration of Consent Solicitation for its 2032 Notes and Amendment and Extension of Consent Solicitations for its 2028 Notes, 2030 Notes and 2031 Notes
Prnewswire· 2026-03-19 12:30
Core Viewpoint - AES Corporation has successfully received the necessary consents for its 5.800% Senior Notes due 2032 and is amending and extending consent solicitations for its other notes in connection with a merger agreement with Horizon Parent, L.P. [1][8] Summary by Sections 2032 Notes Consent Solicitation - The consent solicitation for the 2032 Notes expired on March 18, 2026, at 5:00 p.m. New York City time [2] - A supplemental indenture was executed on March 18, 2026, to amend the indenture governing the 2032 Notes, effective upon the consummation of the merger and payment of the consent fee [3] - Holders who delivered valid consents are eligible for a consent fee of $2.50 per $1,000 of the 2032 Notes [4] Revised Consent Solicitations - AES is amending and extending consent solicitations for its 5.450% Senior Notes due 2028, 3.950% Senior Notes due 2030, and 2.450% Senior Notes due 2031 [5] - The expiration time for these revised solicitations has been extended to March 24, 2026 [5] - The consent fee structure has been modified, with potential fees ranging from $2.50 to approximately $5.00 per $1,000 depending on the level of consents received [7] Merger Agreement Context - The consent solicitations are part of the merger agreement dated March 1, 2026, where Horizon Merger Sub, Inc. will merge with AES [8] - If the merger is not completed, no consent payments will be made, and the current terms of the notes will remain in effect [9] - Consent payments are expected to occur concurrently with the merger, anticipated in late 2026 or early 2027 [9] Additional Information - Holders who previously consented do not need to take further action to receive the modified consent fee [10] - Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. are acting as solicitation agents for the consent solicitations [11]
X @Tesla Owners Silicon Valley
RT Gali (@Gfilche)Terafab & the Inevitable @SpaceX + @Tesla merger ⚡️I sat down with @_SFTahoe & @TeslaLarry to discuss Tesla's plan to build chips, and how that will be the key partnership for a full merger with SpaceX/XAI 🎙️0:45 SpaceX to $100T2:30 SpaceX Plans To Be 10X Bigger Than NVIDIA5:20 The Terafab is Coming! Impact & Timing22:36 Digital Optimus & MARCROHARD Project37:03 SpaceX/Tesla/xAI Cash Needs41:40 The SpaceX IPO Process48:08 The Biggest Merger/Company of All-time?54:17 Grok Is Helping With Al ...