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Day: December 6, 2021

Mercury Acquisitions Corp. Announces Receipt of Conditional Approval From TSXV For Qualifying Transaction With Franchise Cannabis Corp.

TORONTO, Dec. 06, 2021 (GLOBE NEWSWIRE) — Mercury Acquisitions Corp. (TSXV: MERC.P) (“Mercury” or the “Corporation”) is pleased to announce that the TSX Venture Exchange (the “Exchange”) has conditionally accepted the proposed qualifying transaction (the “Qualifying Transaction”) with Franchise Cannabis Corp. (“Franchise”), subject to the acceptance for filing of the filing statement in respect of the Qualifying Transaction and the satisfaction of the Exchange’s requirements to issue the final Exchange bulletin. The Qualifying Transaction will be completed by way of a “three-cornered” amalgamation between Franchise and a wholly-owned subsidiary of Mercury, and remains subject to the satisfaction or waiver, as applicable, of closing conditions. The completion of the Qualifying Transaction will result in a reverse takeover of Mercury...

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Retail Opportunity Investments Corp. Declares Special Cash Dividend of $0.07 Per Share

SAN DIEGO, Dec. 06, 2021 (GLOBE NEWSWIRE) — Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today that its Board of Directors declared a special cash dividend of $0.07 per share payable on January 14, 2022 to stockholders of record on December 23, 2021. This special dividend is a result of gain on sale realized in connection with ROIC’s property disposition initiative during 2021. The Board of Directors did not make any change in the Company’s policy with respect to regular quarterly dividends. ABOUT RETAIL OPPORTUNITY INVESTMENTS CORP. Retail Opportunity Investments Corp. (NASDAQ: ROIC), is a fully-integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely-populated, metropolitan markets across...

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180 Life Sciences Provides Follow-Up Information on Oxford University and the Company’s Successful Dupuytren’s Phase 2b Clinical Trial Results

PALO ALTO, Calif., Dec. 06, 2021 (GLOBE NEWSWIRE) — 180 Life Sciences Corp. (NASDAQ: ATNF) (“180 Life Sciences” or the “Company”), a clinical-stage biotechnology company focused on the development of novel drugs that fulfill unmet needs in inflammatory diseases, fibrosis and pain, today provided follow-up information on the top line results of Oxford University and the Company’s Phase 2b clinical trial for Dupuytren’s disease announced on December 1, 2021. Dr. James Woody, 180 Life Sciences Chief Executive Officer, stated, “We believe the Phase 2b clinical trial for Dupuytren’s disease using adalimumab was a phenomenal achievement, having met both primary and secondary endpoints by significantly diminishing the hardness and size of the Dupuytren’s nodules, respectively. We believe these results affirm our team’s scientific and...

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Ceridian Acquires ADAM HCM to Extend Global Leadership

Acquisition to accelerate delivery of the Dayforce platform in Mexico and drive value to multinational organizations operating in Latin America and the Caribbean TORONTO and MINNEAPOLIS, Dec. 06, 2021 (GLOBE NEWSWIRE) — Ceridian (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, today announced it has acquired ADAM HCM, a leading payroll and HCM company serving customers in 33 countries across Central America, South America, and the Caribbean. This acquisition positions Ceridian as a leading HCM provider in Latin America and will create value for existing and prospective customers in key markets, including Mexico and Brazil. Trusted by leading global brands, ADAM HCM has a strong and tenured leadership team and extensive regional knowledge and experience. Through this acquisition, ADAM HCM customers...

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Sysco Announces Agreement to Acquire The Coastal Companies, a Leading Fresh Produce Distributor

HOUSTON, Dec. 06, 2021 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, announced today it has entered into an agreement to acquire The Coastal Companies, a leading fresh produce distributor and value-added processer, from Continental Grain Company. Upon completion of the transaction, the acquisition will operate as part of FreshPoint, Sysco’s specialty produce business. The acquisition will create a strong FreshPoint presence in the Mid-Atlantic region, provide significant value-added manufacturing capabilities and further diversify Sysco’s produce specialty business. Founded in 1992 and based in Laurel, MD, The Coastal Companies generates annual revenue of approximately $600 million, and is comprised of three integrated businesses:Foodservice Distribution – Coastal Sunbelt...

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Whitestone REIT Adds Anderson Arbor in Austin, Texas to Its Fast-Growing Region, Advancing Its Growth Plan for Its 97%-Occupied Austin-San Antonio Portfolio

Anderson Arbor is located in the high-traffic Hwy 183 corridor, minutes from the new rapidly-expanding West Parmer Lane high-tech business center home to Apple, eBay, Oracle, PayPal, and PolycomStrengthens Whitestone’s Strategically Located High-Quality Open-Air Shopping Center PortfolioIncreases Scale and Presence in Fast-Growing Sunbelt MarketsProvides Additional Value-add Opportunities for Whitestone to Leverage for Shareholders HOUSTON, Dec. 06, 2021 (GLOBE NEWSWIRE) — Whitestone REIT (or “Whitestone” or the “Company”) (NYSE:WSR) today announced that it has acquired the multi-tenant in-line retail space of Anderson Arbor, an open-air shopping center in northwest Austin, Texas. The center is located in the intersection of Hwy 183 and Anderson Mills Road N., which has a traffic count of more than 165,000 vehicles...

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Equity Bank Completes Acquisition of St. Joseph, Mo. Locations of Security Bank of Kansas City

WICHITA, Kan., Dec. 06, 2021 (GLOBE NEWSWIRE) — Equity Bank, a subsidiary of Equity Bancshares, Inc. (“Equity” or the “Company”), announced that it has completed its purchase and assumption agreement on December 3, 2021, acquiring the assets and assuming the deposits of three bank locations in St. Joseph, Missouri from Security Bank of Kansas City (“Security Bank”), a subsidiary of Valley View Bancshares, Inc. of Overland Park, Kansas. Equity announced the entrance into the St. Joseph, Missouri market on July 19, 2021. “St. Joseph is an excellent fit for our growing Equity Bank network,” said Brad Elliott, Chairman and CEO of Equity. “We’re pleased to add bank locations to our Northern Missouri footprint, and we believe our local leadership and focus on our St. Joseph customers will appeal to a wide range of businesses and families...

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WillScot Mobile Mini Acquires Regional Storage and Modular Services Assets in Northeast United States

PHOENIX, Dec. 06, 2021 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced that it closed the acquisition of the rental assets of Hecht Trailers in New Jersey. The transaction was funded with cash on hand and borrowings under the Company’s revolving credit agreement. This acquisition adds over 2,000 storage units and over 200 modular units in the Company’s existing markets in the northeast United States. Brad Soultz, Chief Executive Officer, commented, “I am excited to welcome new employees of Hecht Trailers to our team at WillScot Mobile Mini. Hecht Trailers’ rental operations expand our presence and capabilities in the greater northeast region. Consistent with our M&A strategy,...

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Bridgepoint Advises Fellers, Inc. on Its Sale to American Pacific Group

Bridgepoint Advises Fellers in SaleBridgepoint Investment Banking was the sole financial advisor to Fellers, the world’s largest vehicle wrap supply company, in its sale to American Pacific Group.Tulsa, OK, Dec. 06, 2021 (GLOBE NEWSWIRE) — Bridgepoint Investment Banking, (“Bridgepoint”) acted as the exclusive financial advisor to Fellers, Inc. on their sale to American Pacific Group (“APG”). APG partnered with financing sources Platinum Equity and Angelo Gordon to complete the transaction.Fellers, the world’s largest wrap supply company, is the leading distributor of vehicle wrap products in the world and one of the largest distributors of vinyl and related sign supplies in the U.S. Fellers CEO, Tom Brophy, will remain with the company in his current capacity.Fellers selected Bridgepoint after conducting...

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DLH Reports Fiscal 2021 Fourth Quarter Results

Q4 Revenue of $65.2 Million; Full Year Revenue $246.1 Million, up 17.6% over fiscal 2020; Debt Reduced to $46.8 Million ATLANTA, Dec. 06, 2021 (GLOBE NEWSWIRE) — DLH Holdings Corp. (NASDAQ: DLHC) (“DLH” or the “Company”), a leading provider of innovative healthcare services and solutions to federal agencies, today announced financial results for its fiscal fourth quarter ended September 30, 2021. HighlightsFourth quarter revenue increased to $65.2 million in fiscal 2021 from $50.7 million in fiscal 2020, reflecting the acquisition of Irving Burton Associates (“IBA”), new contract awards, and increased volume on existing contracts For the full fiscal year, revenue rose to $246.1 million from $209.2 million Earnings were $2.9 million, or $0.21 per diluted share, for the fiscal 2021 fourth quarter versus $1.4 million, or $0.10 per...

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