SANDUSKY, Ohio and SPENCER, Ohio, July 10, 2025 /PRNewswire/ -- Sandusky, Ohio based Civista Bancshares, Inc. ("Civista") (NASDAQ: CIVB) and The Farmers Savings Bank ("Farmers") today announced the signing of a definitive merger agreement pursuant to which Civista will acquire Farmers. Based on financial data as of March 31, 2025, the combined company would have total assets of approximately $4.4 billion, total net loans of approximately $3.2 billion and total deposits of approximately $3.5 billion.Civista ...

SAN CARLOS, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- CARGO Therapeutics, Inc. (“CARGO” or the “Company”) (NASDAQ: CRGX), a biotechnology company that has focused on developing CAR T-cell therapies, today announced that it has entered into a definitive merger agreement (the “Merger Agreement”) with Concentra Biosciences, LLC (“Concentra”), whereby Concentra will acquire CARGO for $4.379 in cash per share of CARGO common stock, par value $0.001 per share (“CARGO Common Stock”), plus one non-transferable cont ...

Core Viewpoint - Kaskela Law LLC has initiated an investigation into the fairness of the proposed buyout of NV5 Global, Inc. to assess whether the buyout price adequately reflects the company's value [1][3]. Group 1: Buyout Details - NV5 announced an agreement to be acquired by Acuren Corporation at a price of $23.00 per share, which includes $10.00 in cash and $13.00 in Acuren's stock [2]. - Following the transaction's completion, NV5's shareholders will be cashed out, and the company's shares will cease to be publicly traded [2]. Group 2: Investigation Focus - The investigation aims to determine if NV5's investors are receiving sufficient financial consideration for their shares and whether the company's officers or directors violated fiduciary duties or securities laws in agreeing to the buyout price [3]. - At the time of the announcement, at least one stock analyst had a price target of $28.00 per share for NV5, indicating a potential undervaluation in the proposed buyout [3].

Brazil’s presidential election in 2026 will be key to unlocking more action in the merger-and-acquisition market, some of the nation’s top investment bankers say https://t.co/fTn7IZoyEc ...

Combined company will operate under the name "Pelthos Therapeutics Inc." and will trade on the NYSE American exchange under the ticker symbol "PTHS" starting on July 2, 2025 The combined company plans to launch ZELSUVMI™ for the treatment of molluscum contagiosum infections in July 2025 DURHAM, N.C., July 02, 2025 (GLOBE NEWSWIRE) -- Pelthos Therapeutics Inc., a biopharmaceutical company committed to commercializing innovative therapeutic products for high unmet patient needs, today announced the closing of ...

Core Viewpoint - Cadence Bank has successfully completed the acquisition of Industry Bancshares, enhancing its presence in Texas and expanding its service offerings across more than 380 branches and over 400 ATM locations [1][2][5]. Group 1: Acquisition Details - The acquisition of Industry Bancshares, which includes several banks, was finalized on July 1, 2025, after receiving necessary regulatory and shareholder approvals [1][2]. - Industry Bancshares reported total assets of $4.4 billion, total loans of $1.1 billion, and total deposits of $4.5 billion as of March 31, 2025 [5]. Group 2: Strategic Benefits - The merger is expected to create growth opportunities for customers and communities, leveraging Cadence Bank's strong balance sheet and diverse product offerings [2][4]. - The combination of both companies aims to provide stability and consistency in banking operations and enhance liquidity for lending in the acquired markets [2][4]. Group 3: Customer Experience - Customers of Industry Bancshares will not see immediate changes in their banking experience and can continue using existing services until further integration updates are provided in the fall of 2025 [3][4]. - Customer deposit accounts will remain insured by the FDIC, with specific insurance provisions for time deposits from the acquired banks [4]. Group 4: Company Overview - Cadence Bank is a regional financial services company with over $52 billion in assets, offering a wide range of banking, investment, trust, and mortgage products [6]. - The company has been recognized as one of the nation's best employers and as one of America's Best Banks in 2025 [6].

United Bankshares, Inc. (UBSI) This presentation and statements made by United Bankshares, Inc. ("UBSI") and its management contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are intended to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but ...

Very often, when a publicly traded company is the focus of takeover interest, investors are attracted to its stock. That was the case earlier this week when a media report stated that banking conglomerate Northern Trust (NTRS 1.20%) had been approached by a potential suitor. That juiced its shares, which, according to data compiled by S&P Global Market Intelligence, ended the week more than 11% higher in price.An apparent suitorOn Sunday, The Wall Street Journal broke the news that Bank of New York Mellon ( ...

Key Takeaways Goldman Sachs stock surged 57.3% over 12 months, outpacing JPMorgan and Morgan Stanley. GS reported IB revenue decline in Q1 2025 but holds a strong M&A backlog and leads in advisory market share. The Fed's capital relief proposal may boost GS' ROE and fund growth in IB, trading and AWM segments.The Goldman Sachs Group, Inc. (GS) shares have surged 57.3% over the past year, outperforming the industry's 40.9% growth. Its peers, JPMorgan (JPM) and Morgan Stanley (MS) , shares rose 48.4% and 50 ...

Summary of DNOW and MRC Global Merger Conference Call Industry and Companies Involved - **Industry**: Energy and Industrial Solutions - **Companies**: DNOW (DistributionNOW) and MRC Global Core Points and Arguments 1. **Merger Announcement**: DNOW and MRC Global announced a transformational merger aimed at creating a premier energy and industrial solutions provider, enhancing long-term sustainable growth and shareholder value [4][5][6] 2. **Transaction Structure**: The merger is an all-stock transaction with an enterprise value of approximately $3 billion. MRC Global shareholders will receive 0.9489 shares of DNOW common stock for each share of MRC Global common stock [7][8] 3. **Ownership Post-Merger**: Upon closing, DNOW and MRC Global shareholders will own approximately 56.5% and 43.5% of the combined company, respectively [7] 4. **Expected Synergies**: The merger is projected to generate annual run rate pretax synergies of $70 million within three years, primarily from operational efficiencies and cost reductions [7][23] 5. **Financial Strength**: The combined company is expected to have revenues of approximately $5.3 billion and a strong balance sheet, with a net cash position anticipated by the end of the first year post-close [13][25] 6. **Geographic and Product Expansion**: The merger will enhance geographic reach and product offerings, allowing the combined entity to serve customers across more than 350 service and distribution locations globally [14][15] 7. **Customer-Centric Approach**: Both companies emphasize a customer-first mindset, aiming to leverage their combined strengths to better serve existing customers and attract new ones [29][30] 8. **Focus on Growth**: The primary focus post-merger will be on organic growth through cross-selling opportunities, with no specific revenue synergy targets established yet [47][48] Additional Important Content 1. **Regulatory Approval**: The companies do not anticipate significant regulatory issues, believing the merger will enhance customer choice and service capabilities [49] 2. **Integration Strategy**: The integration will focus on consolidating duplicate systems and optimizing the distribution network, although immediate priorities will be on revenue growth and talent retention [51][60] 3. **Capital Allocation**: Post-merger capital deployment will prioritize organic growth, followed by inorganic growth through M&A, and maintaining a share repurchase program [58] 4. **Cultural Alignment**: Both companies share a commitment to innovation and operational excellence, which will be foundational in the integration process [29][30] This summary encapsulates the key points discussed during the conference call regarding the merger between DNOW and MRC Global, highlighting the strategic rationale, expected benefits, and future focus areas for the combined entity.