Month: May 2021

SANTA MONICA, Calif., May 10, 2021 (GLOBE NEWSWIRE) — Leaf Group Ltd. (NYSE: LEAF), a diversified consumer internet company, today sent the following letter to shareholders regarding its Board’s recommendation that shareholders approve its recently announced merger agreement with Graham Holdings Company (NYSE: GHC): Dear Valued Shareholders, As you know, on April 3, 2021, Leaf Group (the “Company”) entered into a definitive merger agreement with Graham Holdings Company (“Graham Holdings”), a diversified education and media company, under which Graham Holdings will acquire all of the outstanding shares of common stock of Leaf Group for $8.50 per share in an all-cash transaction valued at approximately $323 million. The transaction represents immediate and certain cash value to Leaf Group shareholders. The Board and management team...

Top companies covered are Airbus SE, The Boeing Company, Bombardier Inc. to, Embraer SA, Textron Inc., Gulfstream Aerospace, Dassault Aviation, Cennas Aircraft Company, Hondajet, Eviation Aircraft, Joby Aviation, Zunum Aero, and more players profiled in business jet market research report Pune, India, May 10, 2021 (GLOBE NEWSWIRE) — The global business jet market share is projected to reach USD 35.56 billion by 2027, exhibiting a CAGR of 5.37% during the forecast period owing to increased demands for all-electric business aircraft observes, Fortune Business Insights™ in a published report, titled, “Business Jet Market, 2020-2027.” According to Data posted by the Civil Aviation Organization all-electric aircraft noted a steady growth rate in past years, as it grew from 2% to 5%. However, in a decade, the growth rate is expected...

Investment in National Network of 14 Clinics Advances Myconic’s Vision of Becoming a North American Leader in Mental Health VANCOUVER, British Columbia, May 10, 2021 (GLOBE NEWSWIRE) — Myconic Capital Corp. (formerly, Auralite Investments Inc.) (CSE: MEDI) (the “Company” or “Myconic“) is pleased to announce that the Company has executed and closed an asset purchase agreement (the “Purchase Agreement”) for the acquisition of certain clinical assets as an investment (the “Asset Purchase”) from Canabo Medical Corporation (“Canabo”), a wholly-owned subsidiary of Aleafia Health Inc. (TSX: AH) (“Aleafia”). The Company intends to expand the services offered through the network of 14 national medical cannabis clinics (the “Clinics”) to include a broader scope of mental health treatments including intravenous ketamine...

Acquisition increases mix of owned and operated fan communities that plug into monetization flywheel TORONTO, May 10, 2021 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ:EGLX) (TSX:EGLX) is pleased to announce it has closed the previously-announced acquisition (“Acquisition”) of Vedatis SAS (“Vedatis”), which owns Icy Veins (www.icy-veins.com) for €7,000,000 (the “Purchase Price”) million in cash and stock, plus an Earn-out (the “Earn-out”) subject to certain conditions described below. Upon closing of the Acquisition, the Company made a cash payment of €3,500,000 and issued 226,563 common shares in the capital of the Company (the “Common Shares”) for an aggregate value of €5,000,000. At the option of the Company, €750,000 of the €2,000,000 balance of the Purchase Price, which...