Teekay LNG Announces Updates on Required Approvals for Merger With Stonepeak

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

HAMILTON, Bermuda, Dec. 01, 2021 (GLOBE NEWSWIRE) — Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) today announced that at a special meeting of common unitholders of the Partnership held on December 1, 2021, its common unitholders voted to approve the proposed acquisition by merger of Teekay LNG by Stonepeak Limestone Holdings LP (formerly known as Stonepeak Infrastructure Fund IV Cayman (AIV III) LP) (Stonepeak). In addition, Teekay LNG has received all required customer approvals to complete the merger. Upon closing of the merger, Teekay LNG’s common unitholders will receive $17.00 per common unit in cash. The merger is currently anticipated to close in mid-January 2022. About Teekay LNG Teekay LNG is one of the world’s largest independent owners and operators of LNG carriers, providing LNG and LPG...

nCino Reports Third Quarter Fiscal Year 2022 Financial Results

Written by Customer Service on December 1, 2021. Posted in Earnings Releases And Operating Results.

• Total Revenues of $70.0M, up 29% year-over-year• Subscription Revenues of $57.1M, up 32% year-over-year• Signed Definitive Agreement to Acquire SimpleNexus after Quarter Close WILMINGTON, N.C., Dec. 01, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced financial results for its third quarter of fiscal year 2022 ended October 31, 2021. “The third quarter was another strong quarter for nCino as we added new logos across the U.S. and multiple international markets, including our first customer in Japan, and also signed expanded contracts with existing nCino customers,” said Pierre Naudé, nCino’s Chief Executive Officer. “I’m extremely proud of our team’s continued execution as we hit our first quarter with...

Five Below, Inc. Announces Third Quarter Fiscal 2021 Financial Results

Written by Customer Service on December 1, 2021. Posted in Earnings Releases And Operating Results.

Net Sales increased 27% to $608 million; Comparable Sales increased 14.8% Operating Income increased 75% to $42 million versus Q3 2020 EPS increased 19% to $0.43 versus Q3 2020 PHILADELPHIA, PA, Dec. 01, 2021 (GLOBE NEWSWIRE) — Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the third quarter and for the year to date period ended October 30, 2021. For the third quarter ended October 30, 2021: Net sales increased by 27.5% to $607.6 million from $476.6 million in the third quarter of fiscal 2020; comparable sales increased by 14.8% versus the third quarter of fiscal 2020. The Company opened 52 new stores and ended the quarter with 1,173 stores in 40 states. This represents an increase in stores of 15.2% from the end of the third quarter of fiscal 2020. Operating income was $42.4 million compared to $24.2 million...

Univest Financial Corporation Expands Insurance Subsidiary Through Acquisition of Paul I. Sheaffer Insurance Agency

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

SOUDERTON, Pa., Dec. 01, 2021 (GLOBE NEWSWIRE) — Univest Financial Corporation (NASDAQ: UVSP) and its insurance subsidiary, Univest Insurance, LLC, today announced the acquisition of the Paul I. Sheaffer Insurance Agency, a full-service firm providing insurance solutions to businesses and individuals in Central Pennsylvania. “For 70 years, the Paul I. Sheaffer Insurance Agency has served its clients with professionalism, dedication and trust. This approach aligns perfectly with our culture at Univest,” said Ronald R. Flaherty, president of Univest Insurance, LLC. “As Univest continues to grow in Central Pennsylvania, the acquisition of the Paul I. Sheaffer Insurance Agency allows us to better serve the insurance needs of businesses and individuals in the region. We are excited to welcome this experienced team of professionals committed...

Gulf Island Announces Acquisition to Expand Services Business

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

HOUSTON, Dec. 01, 2021 (GLOBE NEWSWIRE) — Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ: GIFI), a leading steel fabricator and service provider to the industrial and energy sectors, today announced the acquisition of the services and industrial staffing businesses (collectively, “DSS”) of Dynamic Industries, Inc. TRANSACTION RATIONALE Expands services business. Grows the Company’s customer base for its existing services offerings. Diversifies services offerings. Expands the Company’s services offerings to include coatings, scaffolding, and specialty services such as torquing and hydrotesting. Provides for revenue synergy opportunities. Allows for potential to cross-sell expanded services offerings to a broader customer base, while also providing the opportunity to pull-through fabrication work to DSS’s...

GRAY TELEVISION CLOSES ON ACQUISITION OF MEREDITH CORPORATION’S LOCAL MEDIA GROUP

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

Map Combined Footprint ATLANTA, Dec. 01, 2021 (GLOBE NEWSWIRE) — Atlanta, Georgia – Gray Television, Inc. (“Gray”) (NYSE: GTN) today closed on its previously announced acquisition of Meredith Corporation’s Local Media Group (“Meredith”) and its 17 television stations in 12 local markets for $16.99 per share in cash, or $2.8 billion in total enterprise value. Gray’s portfolio of television stations now serve 113 local markets reaching approximately 36 percent of US television households. With estimated combined historical basis net revenue exceeding $3.2 billion on a blended 2020/2021 basis, Gray is now the nation’s second largest television broadcaster in terms of revenues. In addition, with a new, larger portfolio including 79 markets with the top-rated television station and 101 markets with the first and/or second...

SLR Senior Investment Corp. Announces Monthly Distribution of $0.10 Per Share for December 2021

Written by Customer Service on December 1, 2021. Posted in Dividend Reports And Estimates.

NEW YORK, Dec. 01, 2021 (GLOBE NEWSWIRE) — SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS) declared a distribution of $0.10 per share for the month of December 2021. The distribution is payable on January 5, 2022 to stockholders of record as of December 16, 2021. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year. ABOUT SLR SENIOR INVESTMENT CORP. SLR Senior Investment Corp. is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. A specialty finance company with expertise in several niche markets, the Company generally invests directly and indirectly in leveraged, U. S. middle market companies primarily in the form of cash flow senior secured loans, including...

Columbia Financial, Inc. to Acquire RSI Bank

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

FAIR LAWN, N.J. and RAHWAY, N.J., Dec. 01, 2021 (GLOBE NEWSWIRE) — Columbia Bank MHC, Columbia Financial, Inc. (NASDAQ: CLBK) and Columbia Bank (collectively, “Columbia”), and RSI Bancorp, M.H.C., RSI Bancorp, Inc. and RSI Bank (collectively, “RSI”) announced today the signing of a definitive merger agreement. Under the terms of the merger agreement, RSI Bancorp, M.H.C. and RSI Bancorp, Inc. will merge into Columbia Bank MHC, the mutual holding company parent of Columbia Bank, and Columbia Financial, Inc., the mid-tier stock holding company for Columbia Bank, respectively, and RSI Bank will merge into Columbia Bank, with Columbia Bank as the surviving entity. The current depositors of RSI Bank will become depositors of Columbia Bank and will have the same rights and privileges in Columbia Bank MHC as if their accounts had been...

Toll Brothers Announces Eloise at Grant Park is Coming Soon to Atlanta

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

Eloise at Grant Park by Toll Brothers Eloise at Grant Park by Toll Brothers will offer luxury stacked flats and townhomes with rooftop terraces overlooking Grant Park. ATLANTA, Dec. 01, 2021 (GLOBE NEWSWIRE) — Toll Brothers, the nation’s leading builder of luxury homes, today announced Eloise at Grant Park is coming soon to Atlanta. Eloise at Grant Park is an exclusive new community of 12 luxury townhomes and 18 stacked flats. The community is located less than half a mile from Grant Park, Atlanta’s oldest surviving park encompassing 131 acres and home to Zoo Atlanta and the Atlanta Cyclorama & Civil War Museum. The eponymous Grant Park neighborhood, Atlanta’s largest historic district, dates back to the 1890’s and is on the National Register of Historic Places. The Stacks at Eloise at Grant Park will offer...

Qualigen Therapeutics, Inc. Announces Closing of $8.82 Million Registered Direct Offering

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

CARLSBAD, Calif., Dec. 01, 2021 (GLOBE NEWSWIRE) — Qualigen Therapeutics, Inc. (Nasdaq: QLGN) today announced the closing of its previously announced registered direct offering with certain institutional investors for the purchase and sale of 5,880,000 shares of common stock for $1.50 per share (i.e., for aggregate gross proceeds of $8,820,000). A.G.P./Alliance Global Partners acted as sole placement agent for the offering. The securities were sold pursuant to an effective shelf registration statement on Form S-3 (File No. 333-232798) previously filed with the U.S. Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful...

Day: December 1, 2021

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