M&amp;A https://www.benzinga.com/views/taxonomy/term/64 en ISRAMCO, INC. STOCKHOLDERS VOTE TO APPROVE MERGER https://www.benzinga.com/pressreleases/19/10/g14638128/isramco-inc-stockholders-vote-to-approve-merger <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p><strong>HOUSTON, TX, Oct. 22, 2019 (GLOBE NEWSWIRE) --  </strong>Isramco, Inc. (NASDAQ CM: ISRL) ("Isramco" or the "Company"), announced today that at its special meeting of stockholders held earlier today, the Company&#039;s stockholders voted, among other things, in favor of the proposal to adopt the merger (the "Merger") contemplated by the previously announced Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 20, 2019, by and among the Company, Naphtha Israel Petroleum Corporation Ltd. ("Naphtha"), Naphtha Holding Ltd. ("NHL"), I.O.C. – Israel Oil Company, LTD. ("IOC") and Naphtha US Oil, Inc. ("Merger Sub" and, together with Naphtha, NHL and IOC, the "Naphtha Group"), providing for the merger of Merger Sub with and into the Company, with the Company surviving the merger as an indirect wholly owned subsidiary of Naphtha. If the proposed merger is completed, the holders of shares of Isramco common stock will receive US $121.40 per share in cash, other than (i) the shares owned by NHL or IOC, (ii) the shares held by Isramco as treasury stock and (iii) the shares in respect of which appraisal rights have been properly and validly exercised under Delaware law.</p> <p>Approximately 96.63% of the shares outstanding were voted in favor of the proposal to adopt the Merger Agreement. Specifically, approximately 87.56% of the shares of common stock outstanding held by unaffiliated stockholders voted in favor of the proposal to adopt the Merger Agreement, satisfying the "majority of the minority" voting requirement set forth in the Merger Agreement.</p> <p>The parties currently expect to request that the NASDAQ Capital Market ("NASDAQ") cease trading of shares of Isramco common stock at 8:00 p.m. Eastern Time on ...</p><p><a href=https://www.benzinga.com/pressreleases/19/10/g14638128/isramco-inc-stockholders-vote-to-approve-merger alt=ISRAMCO, INC. STOCKHOLDERS VOTE TO APPROVE MERGER>Full story available on Benzinga.com</a></p> ISRL M&A News Press Releases ISRL US4651414066 News M&A Press Releases Benzinga Tue, 22 Oct 2019 16:32:34 +0000 Globe Newswire 14638128 at https://www.benzinga.com Merrill Intros DatasiteOne Marketing Tool, Addressing Early Stage M&A Needs https://www.benzinga.com/markets/cryptocurrency/19/10/14635139/merrill-intros-datasiteone-marketing-tool-addressing-early-stage-m-a-needs <p>Merrill Corp., a SaaS solution for the M&amp;A lifecycle, introduced DatasiteOne Marketing on Tuesday,&nbsp;an investment banking and advisory tool for identifying, marketing&nbsp;and tracking buyers.</p> <p>DatasiteOne Marketing addresses&nbsp;early stage asset marketing processes for dealmakers, including buyer outreach, workflow tracking and reporting, document management and email content customization.&nbsp;</p> <p>&quot;This has been a watershed year for Merrill in terms of revenue growth and product innovation, a significant feat given our recent transformation to a purely cloud-based technology provider ...</p><p><a href=https://www.benzinga.com/markets/cryptocurrency/19/10/14635139/merrill-intros-datasiteone-marketing-tool-addressing-early-stage-m-a-needs alt=Merrill Intros DatasiteOne Marketing Tool, Addressing Early Stage M&amp;A Needs>Full story available on Benzinga.com</a></p> Cryptocurrency DatasiteOne Marketing Fintech M&A Merrill Corporation News Markets News M&A Cryptocurrency Fintech Markets Benzinga Tue, 22 Oct 2019 15:30:09 +0000 Renato Capelj 14635139 at https://www.benzinga.com M&A Bankers Are Looking For Amazon-Proof Logistics Businesses https://www.benzinga.com/m-a/19/10/14633994/m-a-bankers-are-looking-for-amazon-proof-logistics-businesses <p>Strategic and financial buyers want exposure to e-commerce&#039;s double-digit annual growth rates, but investment bankers at Armstrong &amp; Associates&#039; 3PL Value Creation Summit in Chicago last week said they advise clients to look for Amazon-proof businesses.</p> <p><strong>Amazon.com, Inc.</strong>&#039;s (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>) entry into <a href="https://www.freightwaves.com/news/breaking-amazons-digital-freight-brokerage-platform-goes-live">low-cost digital brokerage</a> and <a href="https://www.freightwaves.com/news/amazon-poised-to-double-down-on-in-house-truckload-program-by-rolling-into-power-unit-purchases">acquisition of trucking assets</a>, not to mention its dominant position in industrial real estate and e-commerce, have transportation and logistics companies looking over their shoulders. Amazon&#039;s strategy seems to be to establish control of multimodal transportation capacity in order to remove freight market-related constraints from its revenue growth.</p> <p>In-sourcing transportation poses a concentration risk to trucking carriers who have a lot of business with Amazon, but there are other segments of the industry that could under even more pressure. E-commerce warehouse operators now have to compete with the world&#039;s largest company to find square footage and labor. Final-mile carriers, whether crowd-sourced startups or large carriers with a specialized offering, will go head to head with Amazon&#039;s growing network of independent contractors. </p> <p>A wide-ranging discussion of mergers and acquisitions (M&amp;A) and where to find durable value in an industry that has recently experienced multiple expansion and competition from new entrants stretched across several panels on the last day of the Armstrong &amp; Associates summit.</p> <p>Broadly, two strategies emerged. Investors are focusing on specialized companies with value-additive customer relationships that dominate their niche, or they have ambitions to roll up a market like expedited freight or last-mile delivery into a player that could replicate Amazon&#039;s service offerings.</p> <p>"Four years ago with Amazon, it was ‘wait and see&#039;," said Dante Fornari, chief executive officer at Magnate ...</p><p><a href=https://www.benzinga.com/m-a/19/10/14633994/m-a-bankers-are-looking-for-amazon-proof-logistics-businesses alt=M&amp;A Bankers Are Looking For Amazon-Proof Logistics Businesses>Full story available on Benzinga.com</a></p> AMZN ECHO Freight Freightwaves HUBG Logistics M&A Mergers and Acquisitions News Supply Chain General AMZN US0231351067 HUBG US4433201062 ECHO US27875T1016 News M&A General Benzinga Tue, 22 Oct 2019 15:21:02 +0000 FreightWaves 14633994 at https://www.benzinga.com Manitoulin Acquires Montreal Freight-Forwarder ACS https://www.benzinga.com/m-a/19/10/14632174/manitoulin-acquires-montreal-freight-forwarder-acs <p>Manitoulin Group has acquired <a href="http://www.acscargo.ca/">Associated Cargo Specialists</a>, continuing to grow its freight-forwarding business with a Montreal-based firm specializing in moving refrigerated goods and renewable energy components. </p> <p>The Canadian transportation and logistics group&#039;s freight-forwarding arm, Manitoulin Global Forwarding, purchased the company, which operates as ACS Logistics, for an undisclosed sum. </p> <p>Manitoulin announced the acquisition on October 21, two weeks after announcing <a href="https://www.freightwaves.com/news/manitoulin-buys-another-u-s-freight-forwarder">the purchase of Miami-based freight-forwarder Demark Global Logistics</a>. ...</p><p><a href=https://www.benzinga.com/m-a/19/10/14632174/manitoulin-acquires-montreal-freight-forwarder-acs alt=Manitoulin Acquires Montreal Freight-Forwarder ACS>Full story available on Benzinga.com</a></p> acquisition Freight freight forwarding Freightwaves M&A News Markets General News M&A Markets General Benzinga Tue, 22 Oct 2019 15:07:57 +0000 FreightWaves 14632174 at https://www.benzinga.com Sterling Organization Acquires 123,917 sq. ft. 'Bluffs Square Shoppes' in Jupiter, FL for $25.775 million. https://www.benzinga.com/pressreleases/19/10/g14637142/sterling-organization-acquires-123-917-sq-ft-bluffs-square-shoppes-in-jupiter-fl-for-25-775-millio <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p>Jupiter, FL, Oct. 22, 2019 (GLOBE NEWSWIRE) -- Sterling Organization, a vertically integrated private equity real estate investment firm, has announced the acquisition of Bluffs Square Shoppes, a grocery-anchored shopping center located along US Highway 1 in Jupiter, Florida. The property was purchased in an off-market transaction from Regency Centers for $25.775 million or $208 per square foot.</p> <p>Bluffs Square Shoppes is a 123,917-square-foot, 94% occupied shopping center anchored by Publix Super Markets and Walgreens, which are complemented by various restaurants, boutiques, and service-based retailers. The property is situated less than a quarter ...</p><p><a href=https://www.benzinga.com/pressreleases/19/10/g14637142/sterling-organization-acquires-123-917-sq-ft-bluffs-square-shoppes-in-jupiter-fl-for-25-775-millio alt=Sterling Organization Acquires 123,917 sq. ft. &#039;Bluffs Square Shoppes&#039; in Jupiter, FL for $25.775 million.>Full story available on Benzinga.com</a></p> M&A News Contracts Press Releases Real Estate News M&A Contracts Press Releases Real Estate Benzinga Tue, 22 Oct 2019 15:03:42 +0000 Globe Newswire 14637142 at https://www.benzinga.com Sugarmade Finalizes Terms of Landmark Deal to Acquire Top Hydroponics eCommerce Supplier, Scaling to $37Million Annualized Forward Sales https://www.benzinga.com/pressreleases/19/10/g14636054/sugarmade-finalizes-terms-of-landmark-deal-to-acquire-top-hydroponics-ecommerce-supplier-scaling-t <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="justify">NEW YORK, Oct. 22, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – Sugarmade, Inc. (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/SGMD#OTCQB" rel="nofollow">SGMD</a>) ("Sugarmade", "SGMD", or the "Company"), a major supplier to the hydroponic cultivation and hemp sectors, is pleased to announce the finalization of terms between Sugarmade and BZRTH Inc. for a definitive agreement whereby Sugarmade will acquire BZRTH Inc. ("BZRTH"), a leading ecommerce supplier to the rapidly expanding hydroponic agricultural space. The Parties expect the acquisition to be finalized and closed by October 31, 2019.<br /></p> <p align="justify">The acquisition will position Sugarmade to book all revenues from both entities, creating a combined entity that, based on most-recent financial estimates, stands to produce $37 million in annual sales and positive cash flow and EBITDA, resulting in Sugarmade becoming one of the largest publicly traded companies in this fast growing sector.</p> <p align="justify">"After months of negotiations, we now have robust terms set into place that represent enormous value for Sugarmade shareholders," commented Jimmy Chan, CEO of Sugarmade. "This acquisition, in itself, will dramatically augment the Company&#039;s top and bottom line numbers and massively expand our overall presence in the booming hydroponics and hemp ecommerce space. Further, it also represents the central piece of our overarching roll-up strategy to position Sugarmade as the dominant pick-and-shovel entity on the hydroponics side catering to producers in the explosive market for hemp and hemp-related crops in North America."</p> <p align="justify">Management notes the investment boom in the production of raw hemp and hemp-related crops has tightened margins for growers through a massive expansion in the sheer number of producers. This process is driving an associated boom in the market for goods and services that improve efficiency in producing these crops as producers compete for market share and return on invested capital. Sugarmade and other companies in the hydroponic supplies markets are ...</p><p><a href=https://www.benzinga.com/pressreleases/19/10/g14636054/sugarmade-finalizes-terms-of-landmark-deal-to-acquire-top-hydroponics-ecommerce-supplier-scaling-t alt=Sugarmade Finalizes Terms of Landmark Deal to Acquire Top Hydroponics eCommerce Supplier, Scaling to $37Million Annualized Forward Sales>Full story available on Benzinga.com</a></p> M&A News SGMD Press Releases SGMD News M&A Press Releases Benzinga Tue, 22 Oct 2019 13:45:05 +0000 Globe Newswire 14636054 at https://www.benzinga.com Roku To Purchase Dataxu For $150M In Cash And Roku Shares https://www.benzinga.com/m-a/19/10/14635760/roku-to-purchase-dataxu-for-150m-in-cash-and-roku-shares <p><strong>Roku, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/roku#NASDAQ">ROKU</a>) has <a href="https://www.benzinga.com/pressreleases/19/10/b14635273/roku-to-acquire-dataxu-to-strengthen-industry-leading-ott-advertising-platform">entered into an agreement</a> to acquire Boston-based Dataxu, a demand-side platform, for $150 million in cash and Roku shares.</p> <p>Dataxu provides marketers with an automated bidding and self-serve software to ...</p><p><a href=https://www.benzinga.com/m-a/19/10/14635760/roku-to-purchase-dataxu-for-150m-in-cash-and-roku-shares alt=Roku To Purchase Dataxu For $150M In Cash And Roku Shares>Full story available on Benzinga.com</a></p> Dataxu M&A News ROKU ROKU News M&A Benzinga Tue, 22 Oct 2019 13:27:02 +0000 Tanzeel Akhtar 14635760 at https://www.benzinga.com United Energy Corp Provides a Shareholder Update https://www.benzinga.com/pressreleases/19/10/g14635699/united-energy-corp-provides-a-shareholder-update <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="left">SACHSE, Texas, Oct. 22, 2019 (GLOBE NEWSWIRE) -- United Energy Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/UNRG#OTC" rel="nofollow">UNRG</a>) is proud to announce that it is in the final stages of completing the acquisition of Rigworx, Inc. located in Texas.<br /></p> <p>Rigworx Inc is a vertically integrated E&amp;P Company with operating authority in the States of Oklahoma and Kansas. The company anticipates it will expand its footprint into Texas within the next 120 days. It is the intention of Rigworx Inc to grow its lease and mineral holdings through improved production and additional acquisitions. Rigworx produces hydrocarbons from its existing inventory of holdings. The primary focus is oil and, in some cases, complemented by natural gas, condensate and other items.</p> <p>"We are extremely excited to announce the pending acquisition of Rigworx, Inc. and returning value to our shareholders," stated Sam Smith, CEO of United Energy Corp. "Our management team believes that Rigworx is perfectly positioned ...</p><p><a href=https://www.benzinga.com/pressreleases/19/10/g14635699/united-energy-corp-provides-a-shareholder-update alt=United Energy Corp Provides a Shareholder Update>Full story available on Benzinga.com</a></p> M&A News UNRG Press Releases UNRG News M&A Press Releases Benzinga Tue, 22 Oct 2019 13:15:05 +0000 Globe Newswire 14635699 at https://www.benzinga.com Inmar Acquires ownerIQ, Adding A Critical Data and Media Solution to Inmar's Newly Launched Innovator Ecosystem https://www.benzinga.com/pressreleases/19/10/g14633693/inmar-acquires-owneriq-adding-a-critical-data-and-media-solution-to-inmars-newly-launched-innovato <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p>Winston-Salem, NC, Oct. 22, 2019 (GLOBE NEWSWIRE) -- </p><p><a href="https://www.globenewswire.com/Tracker?data=reuhTu9E4X-wkX4tY9BBoxNp1PdmNc22YxaxOSCPEtVQUoChCjPBE3Wx2pu_CKEEw-qO_-fRxSQYCy0T126MyQ==" rel="nofollow" target="_blank" rel="nofollow">Inmar</a>, a data-driven technology-enabled services company, today announced that it has acquired <a href="https://www.globenewswire.com/Tracker?data=_LvS-1v_5PV50Nqpx8E8B50xAeU55XFEklYFxEFc3hq-fJ5Jlnlg8-9719EABss7bGZsuw0Hmrp4inbaTQ7zBQ==" rel="nofollow" target="_blank" rel="nofollow">ownerIQ</a>, a leading media technology company that provides 1st and 2nd party data solutions to brands, retailers, and manufacturers. Together, Inmar and ownerIQ will enable retailers to unlock the power of their first party data for effective and measurable marketing campaigns thus accelerating commerce for CPG clients. The companies will offer retailers fully integrated technology to power their digital media network, and provide brands broader access to the leading retail purchase data marketplace, with over $10B in transactions recorded monthly, both online and offline.</p> <p>"When an everyday-spend retailer is looking for a trusted partner to manage the distribution of their valuable shopper data, they think of Inmar first," said David Mounts, Chairman and CEO of Inmar. "We are thrilled to announce the acquisition of ownerIQ to our continuously growing technology stack. This news is about much more than just the acquisition. It marks another key milestone in the growth and momentum of Inmar&#039;s recently launched <a href="https://www.globenewswire.com/Tracker?data=5B8mbz0yS_9FUQ7aZpxULPzwDEtOy1JRlIqXpvZy8FhE7kf--4UkQElbpLmiIFudkBeGXXk6euq_W5iNuQniVtz_bnKLVhe1pLphl0w9IIJ5WGMhOYqLlAb3GSMgRCB8" rel="nofollow" target="_blank" rel="nofollow">Innovator Ecosystem</a> and fits perfectly into our broader tech strategy ...</p><p><a href=https://www.benzinga.com/pressreleases/19/10/g14633693/inmar-acquires-owneriq-adding-a-critical-data-and-media-solution-to-inmars-newly-launched-innovato alt=Inmar Acquires ownerIQ, Adding A Critical Data and Media Solution to Inmar&#039;s Newly Launched Innovator Ecosystem>Full story available on Benzinga.com</a></p> M&A News Press Releases News M&A Press Releases Benzinga Tue, 22 Oct 2019 11:00:05 +0000 Globe Newswire 14633693 at https://www.benzinga.com Bunker Hill Announces Amendment to Lease and Option to Purchase https://www.benzinga.com/pressreleases/19/10/g14633680/bunker-hill-announces-amendment-to-lease-and-option-to-purchase <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="justify">TORONTO, Oct. 22, 2019 (GLOBE NEWSWIRE) -- <strong>Bunker Hill Mining Corp. </strong>(the "<strong>Company</strong>" or "<strong>Bunker</strong>") (CSE:<a class="ticker" href="https://www.benzinga.com/stock/BNKR#CSE" rel="nofollow">BNKR</a>) is pleased to announce that the Company has signed a further amendment to its Lease with Option to Purchase for the Bunker Hill Mine. The original Lease with Option to Purchase was announced on August 28, 2017 and became effective on November 1, 2017.  Under the new amended agreement the lease period has been extended for an additional period of nine months through August 1, 2020. The Company will continue to make a monthly care and maintenance payment of US$60,000 to the Lessor.<br /></p> <p align="justify">Additionally, the Option to Purchase has been amended providing for a purchase price of US$11,000,000 for 100% of the marketable assets of the Bunker Hill Mine consisting of US$6,200,000 in cash and US$4,800,000 in shares of the Company. The purchase price was established through arm&#039;s length bargaining.  The purchase option may be exercised at anytime during the remaining period of the lease. An additional term of the amended lease provides for the elimination of all royalty payments that were to be paid to the mine owner.</p> <p align="justify">Upon signing the amended agreement the Company paid a one-time, non-refundable cash payment of US$300,000 to the mine owner. This payment will be applied to the purchase price upon execution of the purchase option. In the event the Company elects not to exercise the purchase option the payment shall be treated as an additional care and maintenance payment.  The Company is currently considering the funding strategy for the exercise of the Option to Purchase.    </p> <p align="justify">Commented John Ryan, Interim CEO, "Over the last few months we have worked carefully with representatives from Placer Mining to chart a path forward to ultimately return the Bunker Hill Mine to production. Both parties recognized ...</p><p><a href=https://www.benzinga.com/pressreleases/19/10/g14633680/bunker-hill-announces-amendment-to-lease-and-option-to-purchase alt=Bunker Hill Announces Amendment to Lease and Option to Purchase>Full story available on Benzinga.com</a></p> CSE:BNKR CSE:BNKR.CN M&A News Press Releases CSE:BNKR.CN CSE:BNKR News M&A Press Releases Benzinga Tue, 22 Oct 2019 11:00:05 +0000 Globe Newswire 14633680 at https://www.benzinga.com Wing Teams Up With FedEx, Walgreens For Milestone Drone Delivery https://www.benzinga.com/m-a/19/10/14631286/wing-teams-up-with-fedex-walgreens-for-milestone-drone-delivery <p><strong>FedEx Express</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fdx#NYSE">FDX</a>) on Friday used an unmanned aerial vehicle instead of a truck for last-mile residential deliveries on behalf of pharmacy retailer <strong>Walgreens </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wba#NASDAQ">WBA</a>). The Oct. 18 deliveries were made by Wing, a subsidiary of Google parent company Alphabet, in Christianburg, Virginia, under a pilot program authorized by the U.S. Federal Aviation Administration (FAA).</p> <p>The shipments of over-the-counter medications, snacks and gifts mark the launch of the first scheduled, on-demand, commercial residential drone delivery service in the United States, <a href="https://medium.com/wing-aviation/wing-launches-americas-first-commercial-drone-delivery-service-to-homes-in-christiansburg-f8e8c3b2bb47">Wing announced in a Medi</a><a href="https://medium.com/wing-aviation/wing-launches-americas-first-commercial-drone-delivery-service-to-homes-in-christiansburg-f8e8c3b2bb47">um post</a>. </p> <p>Customers in eligible delivery zones can submit drone orders from Walgreens via the Wing mobile app or can opt-in with FedEx to receive qualifying packages via drone. FedEx packages are loaded ...</p><p><a href=https://www.benzinga.com/m-a/19/10/14631286/wing-teams-up-with-fedex-walgreens-for-milestone-drone-delivery alt=Wing Teams Up With FedEx, Walgreens For Milestone Drone Delivery>Full story available on Benzinga.com</a></p> delivery drone technology FDX fedex Freight Freightwaves M&A News shipping Supply Chain UPS Walgreen's WBA Startups Markets Tech General FDX US31428X1063 UPS US9113121068 WBA News M&A Startups Markets Tech General Benzinga Mon, 21 Oct 2019 21:59:04 +0000 FreightWaves 14631286 at https://www.benzinga.com Stewardship Financial Corporation and Columbia Financial, Inc. Receive Regulatory Approvals for Merger https://www.benzinga.com/pressreleases/19/10/g14631589/stewardship-financial-corporation-and-columbia-financial-inc-receive-regulatory-approvals-for-merg <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="justify">MIDLAND PARK, N.J., Oct. 21, 2019 (GLOBE NEWSWIRE) -- Stewardship Financial Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSFN#NASDAQ" rel="nofollow">SSFN</a>) (the "Company"), parent company of Atlantic Stewardship Bank, today announced that that the Company and Columbia Financial, Inc. ("Columbia") have received the requisite regulatory approvals from the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the New Jersey Department of Banking and Insurance necessary to complete Columbia&#039;s acquisition of the Company and the related merger of Atlantic Stewardship Bank with and into Columbia Bank.<br /></p> <p align="justify">The transaction is expected to close on November 1, 2019 and is subject to customary closing conditions. Until the transaction closing date, each institution will continue serving customers and daily operations will remain as usual.</p> <p align="justify"><strong>About Stewardship Financial Corporation</strong><br />Stewardship Financial Corporation is a one-bank holding company, incorporated under the laws of the State of New Jersey in January of 1995, which serves as a holding company for Atlantic Stewardship Bank. Stewardship&#039;s primary business is the ownership and supervision of Atlantic Stewardship Bank.<br /></p> <p align="justify">Stewardship, through Atlantic Stewardship Bank conducts commercial banking business and offers services including personal ...</p><p><a href=https://www.benzinga.com/pressreleases/19/10/g14631589/stewardship-financial-corporation-and-columbia-financial-inc-receive-regulatory-approvals-for-merg alt=Stewardship Financial Corporation and Columbia Financial, Inc. Receive Regulatory Approvals for Merger>Full story available on Benzinga.com</a></p> M&A News SSFN Press Releases SSFN US8603261079 News M&A Press Releases Benzinga Mon, 21 Oct 2019 21:25:08 +0000 Globe Newswire 14631589 at https://www.benzinga.com NW Natural Water to Acquire Suncadia's Water and Wastewater Utilities in Washington State https://www.benzinga.com/pressreleases/19/10/g14629269/nw-natural-water-to-acquire-suncadias-water-and-wastewater-utilities-in-washington-state <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="justify">PORTLAND, Ore., Oct. 21, 2019 (GLOBE NEWSWIRE) -- NW Natural Water Company, LLC (NW Natural Water), a wholly-owned subsidiary of Northwest Natural Holding Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NWN#NYSE" rel="nofollow">NWN</a>) (NW Natural Holdings), has agreed to acquire Suncadia&#039;s water and wastewater utilities.<br /></p> <p align="justify">Located in Cle Elum, these utilities serve 2,800 connections at a year-round, master-planned resort community in central Washington.</p> <p align="justify">"Suncadia serves a rapidly growing resort community that attracts people from Seattle, Tacoma and the greater Pacific Northwest," said David H. Anderson, NW Natural Holdings&#039; president and CEO. "For more than 160 years, we&#039;ve been providing safe, reliable and affordable utility services across the region, and we look forward to bringing this high-quality service to Suncadia."</p> <p align="justify">"We&#039;re very pleased to partner with NW Natural Water on this transaction. It is a strong utility with a proven track record and an outstanding commitment to its customers," added Roger Beck, managing director of Suncadia. "NW Natural Water&#039;s industry expertise, reputation and financial capacity will be critical to meeting the needs of our growing community."</p> <p align="justify"><strong>Idaho Expansion</strong><br />NW Natural Water also continues to expand its operations in Idaho. The Company recently closed two previously-announced acquisitions near Coeur d&#39;Alene and has signed agreements to purchase two additional systems in that area. In addition, NW Natural Water has entered into an agreement to acquire the Taylor Mountain Water and Sewer District near Idaho Falls, its first acquisition of a municipally-owned system.</p> <p align="justify">"I&#039;m excited to continue building our water business by acquiring additional systems in and around our existing footprint," said Justin Palfreyman, NW Natural Water&#039;s president and NW Natural Holdings&#039; vice president of strategy and business development. "These acquisitions are consistent with our growth strategy, and we&#039;re encouraged by the momentum we&#039;re seeing in our water business."</p> <p align="justify"><strong>Consolidated Water Business</strong><br />Once all pending acquisitions are closed, NW Natural Water will provide water and wastewater ...</p><p><a href=https://www.benzinga.com/pressreleases/19/10/g14629269/nw-natural-water-to-acquire-suncadias-water-and-wastewater-utilities-in-washington-state alt=NW Natural Water to Acquire Suncadia&#039;s Water and Wastewater Utilities in Washington State>Full story available on Benzinga.com</a></p> M&A News NWN Press Releases NWN US6676551046 News M&A Press Releases Benzinga Mon, 21 Oct 2019 16:30:05 +0000 Globe Newswire 14629269 at https://www.benzinga.com Caldwell Investment Management Ltd. Announces Unitholder Approval of Merger Proposal https://www.benzinga.com/pressreleases/19/10/g14628781/caldwell-investment-management-ltd-announces-unitholder-approval-of-merger-proposal <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="justify">NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES </p> <p align="justify">TORONTO, Oct. 21, 2019 (GLOBE NEWSWIRE) -- Caldwell Investment Management Ltd. (the "<strong>Manager</strong>"), the manager of Clearpoint Global Dividend Fund ("<strong>Clearpoint Global Fund</strong>") and Caldwell U.S. Dividend Advantage Fund ("<strong>Caldwell US Fund</strong>"), is pleased to announce that at a special meeting held today unitholders of Clearpoint Global Fund approved a proposal that will result in the merger of Clearpoint Global Fund with ...</p><p><a href=https://www.benzinga.com/pressreleases/19/10/g14628781/caldwell-investment-management-ltd-announces-unitholder-approval-of-merger-proposal alt=Caldwell Investment Management Ltd. Announces Unitholder Approval of Merger Proposal>Full story available on Benzinga.com</a></p> M&A News Press Releases News M&A Press Releases Benzinga Mon, 21 Oct 2019 15:46:34 +0000 Globe Newswire 14628781 at https://www.benzinga.com Avia Solutions Acquires Chapman Freeborn https://www.benzinga.com/m-a/19/10/14623848/avia-solutions-acquires-chapman-freeborn <p>Cyprus-based Avia Solutions Group, a multipurpose aviation holding company, has completed the acquisition of 100% of the shares of U.K.-headquartered Chapman Freeborn Group. The entitles signed the initial acquisition agreement in London on June 14 and have obtained all customary approvals for the transaction.</p> <p>The consolidated revenues of the two entities reached €800 million ($885 million) for 2018 and are forecast to reach €1 billion in 2019. Avia&#039;s 2018 revenues exceeded €420 million. </p> <p>The addition of Chapman Freeborn, a provider of aircraft charter solutions, bolsters Avia&#039;s current business lines portfolio. Avia has 76 subsidiaries engaged in aircraft maintenance, aircraft leasing, pilot training, ground handling and fueling, logistics, aviation IT and business aviation. Chapman Freeborn&#039;s areas of expertise, which include arranging the delivery of time-critical shipments, heavy and outsize equipment, humanitarian goods, and other types of freight, widen Avia&#039;s service scope and allow the group to enter new markets and develop new business.</p> <p>As part of Avia, Chapman Freeborn will maintain its existing product portfolio and continue to ...</p><p><a href=https://www.benzinga.com/m-a/19/10/14623848/avia-solutions-acquires-chapman-freeborn alt=Avia Solutions Acquires Chapman Freeborn>Full story available on Benzinga.com</a></p> acquisition air cargo Freight Freightwaves Logistics M&A News Supply Chain General News M&A General Benzinga Mon, 21 Oct 2019 15:07:08 +0000 FreightWaves 14623848 at https://www.benzinga.com