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Day: March 25, 2021

Houston Wire & Cable Company to be Acquired by OmniCable in $91 Million Transaction

HOUSTON, Texas and WEST CHESTER, Pa., March 25, 2021 (GLOBE NEWSWIRE) — Houston Wire & Cable Company (NASDAQ: HWCC) (HWCC) and Omni Cable, LLC (OmniCable) today announced that they have entered into a definitive agreement under which OmniCable will acquire all outstanding shares of HWCC common stock for $5.30 per share in an all-cash transaction valued at $91 million. The price represents a premium of 39% to HWCC’s unaffected closing price of $3.80 on March 24, 2021 and an 89% premium to the $2.81 average closing price for the preceding 12-month period. The transaction was unanimously approved by HWCC’s Board of Directors. All HWCC directors and officers have agreed to vote their shares, including shares held by The D3 Family Funds, in favor of the transaction. Such shares currently represent approximately 19% of the issued...

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Hormonal Contraceptives Market to Hit USD 24,330.1 Million by 2027; Growing Focus to Cater to Unmet Contraceptive Demand Worldwide: Fortune Business Insights™

Pune, India, March 25, 2021 (GLOBE NEWSWIRE) — The global hormonal contraceptives market size is expected to showcase considerable growth by reaching USD 24,330.1 million by 2027 while exhibiting a CAGR of 5.4% between 2020 and 2027. This information is published by Fortune Business Insights in its latest report, titled, “Hormonal Contraceptives Industry, 2020-2027.” The report further mentions that the market stood at USD 17,620.9 million in 2019 and is likely to experience considerable growth during the forecast period. This is attributable to the increasing focus on catering to the unmet demand for these contraceptives across the globe. Increasing Focus to Cater to Unmet Contraceptive Needs to Augment Growth According to the report by NCBI, the rate of womens’ testing positive for pregnancy if they take hormonal contraceptives...

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Partners Value Split Corp. Announces 2020 Annual Results

TORONTO, March 25, 2021 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company” TSX: PVS.PR.D, PVS.PR.E, PVS.PR.F, PVS.PR.G, PVS.PR.H, PVS.PR.I) announced today that the net asset value per unit was $111.14 at December 31, 2020. All amounts are in US dollars. Income available for distribution for the year ended December 31, 2020 was $57 million compared to $51 million in the prior year. Net asset value per unit consists of one preferred share and one capital share. The net asset value per unit is posted monthly on our website at www.partnersvaluesplit.com. STATEMENTS OF COMPREHENSIVE INCOMEAs at and for the years ended December 31(USD Thousands)     2020         2019  Income              Investment income   $ 57,663       $ 51,461  Expenses              Operating     (373 )       (282 )Income available for...

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Partners Value Investments L.P. Announces 2020 Annual Results

TORONTO, March 25, 2021 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership”, TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the year ended December 31, 2020. All amounts are stated in US dollars. The Partnership generated net income of $44 million for the year ended December 31, 2020 compared to a net loss of $4 million in the prior year. The increase in net income was primarily driven by foreign currency gains on CAD denominated preferred shares, partially offset by higher deferred income taxes. The market price of a Brookfield Asset Management Inc. (“Brookfield”) share was $41.27 as at December 31, 2020 (2019 – $38.53). Consolidated Statements of OperationsFor the years ended December 31(Thousands, US dollars)    2020       2019  Investment income          Dividends $ 73,780     $ 69,091  Other...

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Partners Value Investments Inc. Announces 2020 Annual Results

TORONTO, March 25, 2021 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the year ended December 31, 2020. All amounts are stated in US dollars. The Company generated net income of $91 million for the year ended December 31, 2020 compared to a net loss of $129 million in the prior year. The increase in net income was primarily driven by valuation gains on the decrease in value of the warrant liability as a result of the change in market price of Partners Value Investments L.P., foreign currency gains on CAD denominated preferred shares, higher dividend income, and lower investment valuation losses during the year, partially offset by decreased interest income and higher income taxes paid. The market price of a Brookfield Asset Management Inc. (“Brookfield”)...

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G1 Therapeutics’ COSELA™ (trilaciclib) Included in Two Updated National Comprehensive Cancer Network® (NCCN) Clinical Practice Guidelines in Oncology

RESEARCH TRIANGLE PARK, N.C., March 25, 2021 (GLOBE NEWSWIRE) — G1 Therapeutics, Inc. (Nasdaq: GTHX), a commercial-stage oncology company, today announced that COSELA™ (trilaciclib) has been added to two updated National Comprehensive Cancer Network® (NCCN) Clinical Practice Guidelines in Oncology (NCCN Guidelines®): the Treatment Guidelines for Small Cell Lung Cancer and the Supportive Care Guidelines for Hematopoietic Growth Factors. These guidelines document evidence-based, consensus-driven management to ensure that all patients receive preventive, diagnostic, treatment, and supportive services that are most likely to lead to optimal outcomes. The NCCN Guidelines incorporate real-time updates in keeping with the rapid advancements in the field of cancer research and management. The development of these guidelines is an ongoing...

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Wallbridge Extends Fenelon Mineralization by 400 metres to Depth with 17.23 g/t Au over 4.00 metres in Initial Deep Exploration Hole

TORONTO, March 25, 2021 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM) (“Wallbridge” or the “Company”) is pleased to announce that its first deep exploration hole on the Fenelon Gold Property (“Fenelon” or the “Property”) has intersected 17.23 g/t Au over 4.00 metres extending the known mineralization by 400 metres to a depth of 1.6 km. “This was our first ever deep drill hole testing the mineralization at depths of between 1.5-1.8 km below surface, 400 to 700 metres deeper than any previous hole on the Property. We are very encouraged by these results,” stated Attila Péntek, Vice President Exploration of Wallbridge. “Not only did we confirm the presence of the Jeremie Diorite, one of our main gold-hosting environments, but we also intersected high-grade gold-bearing mineralization that is notably similar to the Area...

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Man Group PLC : Form 8.3 – Gamesys Group plc

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.         KEY INFORMATION(a) Full name of discloser: Man Group PLC(b) Owner or controller of interests and short positions disclosed, if different from 1(a):     The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.  (c) Name of offeror/offeree in relation to whose relevant securities this form relates:     Use a separate form for each offeror/offeree Gamesys Group plc(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e) Date position held/dealing undertaken:     For an opening position disclosure, state...

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