Day: July 1, 2021

Shenandoah Telecommunications Company Completes Sale of its Wireless Assets and Operations to T-Mobile

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

EDINBURG, Va., July 01, 2021 (GLOBE NEWSWIRE) — Shenandoah Telecommunications Company (“Shentel” or the “Company”) (NASDAQ: SHEN) announced today the closing of the previously announced sale of its Wireless assets and operations to T-Mobile USA, Inc. (“T-Mobile”). The Company received cash proceeds of $1.94 billion, inclusive of the approximately $60 million settlement of the waived management fees by Sprint Corporation, an indirect subsidiary of T-Mobile (“Sprint”), and net of certain transaction expenses. As required by the terms of its 2018 credit facility, $684 million of the proceeds were used to fully repay all outstanding debt and to terminate the facility and related interest rate swap contracts. About Shenandoah TelecommunicationsShenandoah Telecommunications Company (Shentel) provides broadband services through its high...

First National Corporation Completes Acquisition of The Bank of Fincastle

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

STRASBURG, Va., July 01, 2021 (GLOBE NEWSWIRE) — First National Corporation (NASDAQ: FXNC) (the “Company” or “First National”), the one-bank holding company of First Bank, announced today that it has completed the acquisition of The Bank of Fincastle (“Fincastle”) effective July 1, 2021 (the “Merger”). Following completion of the Merger, Fincastle was merged with and into First Bank. Pursuant to the previously announced terms of the Merger, each outstanding share of Fincastle common stock is entitled to receive 0.1649 shares of First National’s common stock, or $3.30 in cash, or a combination of stock and cash, subject to election and proration such that the aggregate consideration will consist of 80 percent First National common stock and 20 percent cash. If Fincastle shareholders elect for more than 20 percent of Fincastle’s...

Avalon GloboCare Announces its Planned Acquisition Target, SenlangBio, has Initiated First-In-Human Clinical Trial in Recurrent Brain Cancer

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

Trial evaluating EphA2-targeted CAR T-cell therapy in recurrent glioblastoma, an urgent and significant unmet medical need with no standard of care treatment option Anti-EphA2 CAR-T therapy appears to be well-tolerated thus far, based on initial safety data from first patient cohort Preliminary clinical study results demonstrating persistence of T-cell activity published in the June 2021 issue of the peer-reviewed scientific journal, Frontiers in Oncology FREEHOLD, N.J., July 01, 2021 (GLOBE NEWSWIRE) — Avalon GloboCare Corp. (NASDAQ: AVCO) (“Avalon” or “the Company”), a clinical-stage global developer of cell-based technologies and therapeutics, today announced that its planned acquisition target, SenlangBio, has initiated a first-in-human clinical trial evaluating anti-EphA2 chimeric antigen receptor (CAR) T-cell therapy for...

Jamf completes acquisition of Wandera

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

Wandera furthers Jamf’s leadership in Apple Enterprise Management MINNEAPOLIS, July 01, 2021 (GLOBE NEWSWIRE) — Jamf (NASDAQ: JAMF), the standard in Apple Enterprise Management, today announced it has completed the acquisition of Wandera, a leader in zero trust cloud security and access. This acquisition uniquely positions Jamf to help IT and security teams confidently protect devices, data and applications while extending the intended Apple experience through the most robust and scalable Apple Enterprise Management platform in the market. “I am very excited to bring Wandera’s Apple-first and Apple-best unified cloud security capabilities into the Jamf platform,” said Dean Hager, CEO, Jamf. “We believe the way Wandera has built their solutions provides a significant technical advantage to customers and a superior experience for...

Forterra Announces Acquisition of Barbour Concrete Company

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

Expands Forterra’s Reach into Growing Precast Markets IRVING, Texas, July 01, 2021 (GLOBE NEWSWIRE) — Forterra, Inc. (“Forterra” or “the Company”) (Nasdaq: FRTA), a leading manufacturer of water and drainage infrastructure pipe and precast products in the United States and Eastern Canada, today announced that it has acquired the business of Barbour Concrete Company & Barbour Building Systems (“Barbour”), a manufacturer of precast concrete products used in drainage, stormwater, utility and other infrastructure applications. Based in Independence, Missouri, Barbour primarily serves the greater Kansas City metropolitan area. For the past 75 years, Barbour has provided high quality products and service to meet customer needs as well as serving as a leader in the National Precast Concrete Association. Forterra expects to continue...

LPL Financial Rolls Out New Advisory Enhancement, Providing More Flexibility and Customization

Written by Customer Service on July 1, 2021. Posted in Public Companies.

CHARLOTTE, N.C., July 01, 2021 (GLOBE NEWSWIRE) — LPL Financial LLC today announced a new feature in the firm’s centrally managed advisory Model Wealth Portfolio (MWP) platform that provides advisors with ultimate flexibility to be able to combine models within a client’s portfolio. Advisors can bring together models of varying risk scores and investment objectives, to create unique, diversified portfolios designed to address each client’s goals and risk tolerance. “MWP’s newest enhancement allows advisors to take the next step in running their models-based practices, furthering their efficiency and ability to grow at scale. They now have more flexibility to create portfolios that are both easier to build and more tailored to their clients’ needs” said Rob Pettman, LPL Financial executive vice president, Wealth Management Solutions....

First Bank Announces Second Quarter 2021 Earnings Conference Call

Written by Customer Service on July 1, 2021. Posted in Public Companies.

HAMILTON, N.J., July 01, 2021 (GLOBE NEWSWIRE) — First Bank (Nasdaq Global Market: FRBA) invites participation in a conference call to discuss the Company’s financial and operating performance during its second quarter ended June 30, 2021.Event: Earnings Conference Call – Second Quarter 2021 When: Tuesday, July 27, 2021 at 9:00 a.m. Eastern Time Access: Conference Call Dial-In: 844-825-9784 855-669-9657 (toll-free Canada) 412-317-5164 (Outside U.S. & Canada)Patrick L. Ryan, President and CEO, Andrew L. Hibshman, Executive Vice President and Chief Financial Officer, Peter J. Cahill, Executive Vice President and Chief Lending Officer and Emilio Cooper, Executive Vice President and Chief Deposit Officer will provide an overview of second quarter 2021 results. The management presentation...

Aptean to Expand in Austria Through Acquisition of Ramsauer & Stürmer

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

Agreement will Strengthen Aptean’s Footprint in Rapidly Growing DACH Market ALPHARETTA, Ga., July 01, 2021 (GLOBE NEWSWIRE) — Today, Aptean, a global provider of mission-critical enterprise software solutions, announced that it has entered into a definitive agreement to acquire Ramsauer & Stürmer, a leading provider of Enterprise Resource Planning (ERP) software in Austria. Founded in 1984 and headquartered in Salzburg, Austria, Ramsauer & Stürmer offers clients a full spectrum of ERP functionality with its rs2 business software. With tailored solutions catering to a variety of industries, including construction, cable car systems, food and beverage, service providers, non-profits and production, Ramsauer & Stürmer is a trusted partner to over 400 clients around the world. This transaction will provide Aptean with...

Safe-T Announces Acquisition of CyberKick, a Provider of SaaS Security and Privacy Solutions

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

iShield DashboardCyberKick iShield DashboardThe acquired business generated revenues of approximately $4.2 million in 2020 HERZLIYA, Israel, July 01, 2021 (GLOBE NEWSWIRE) — Safe-T® Group Ltd. (Nasdaq, TASE: SFET) (the “Company”), a provider of secure access solutions and intelligent data collection, today announced the acquisition of CyberKick Ltd. (“CyberKick”). The closing of the transaction is expected next week, subject to certain customary closing conditions, including the delivery of all required documents and approvals, and its cash consideration will be funded with internal cash resources. CyberKick is a provider of Software-as-a-Service (SaaS) security and privacy tools, designed to reduce users’ vulnerability to threats while making them more resilient in their online activity, to prevent and defend...

Foresight VCT plc – Intention to launch an Offer

Written by Customer Service on July 1, 2021. Posted in Mergers And Acquisitions.

FORESIGHT VCT PLC (Company) Intention to launch an Offer The board of the Company is pleased to announce that it intends to launch an offer for subscription to raise up to £20 million (with an overallotment of up to £10 million) through the issue of new ordinary shares. The prospectus, which will contain full details and the terms and conditions of the Offer, is expected to be available by the end of July. For further information, please contact: Company SecretaryForesight Group LLP Contact: Gary Fraser Tel: 0203 667 8100 Investor RelationsForesight Group LLPContact: Ellie Kakoulli Tel: 0203 667 8181

Day: July 1, 2021

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