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Month: June 2022

Tango Acquires billie: New Capabilities Deepen Workplace Engagement and Help Companies Achieve Employee-Centric ESG Goals

Deal accelerates Tango’s vision of optimizing the intersection of People and Place DALLAS, June 01, 2022 (GLOBE NEWSWIRE) — Tango, a leading provider of cloud-based store lifecycle management and integrated workplace management software, today announced it has acquired billie, a mobile-first workplace application that uses gamification to engage employees and modernize workspace solutions. The transaction further extends Tango’s position as the global leader in real estate and facilities management. Most organizations have focused on the management of “Place” – the planning, building, and operating of real estate locations and the assets within them. With the acquisition of AgilQuest, and now billie, Tango has expanded to the equally important “People” side of real estate, ensuring employees are engaged and productive at the workplace....

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Ryman Hospitality Properties, Inc. Closes Acquisition of Block 21 in Austin, Texas From Stratus Properties Inc. and Provides Second Quarter and Full Year Operating Update

NASHVILLE, Tenn., June 01, 2022 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP) (the Company) has closed its previously announced pending acquisition of Block 21 from Stratus Properties Inc. (NASDAQ: STRS). The mixed-use complex is located in the heart of downtown Austin and is home to lodging, retail, office and entertainment spaces, including the W Austin Hotel and the ACL Live at Moody Theater. The purchase price for the acquisition, subject to certain purchase price adjustments, totaled approximately $260 million, which includes the assumption of approximately $136 million of existing mortgage debt. Colin Reed, Chairman and Chief Executive Officer of Ryman Hospitality Properties, said, “I want to express my gratitude to Beau Armstrong and the entire Stratus team for their hard work and assistance during this...

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Rally Enters into Agreement to Become Publicly Traded Via Business Combination with Americas Technology Acquisition Corp.

~ Transaction values Rally at pro forma enterprise value of $208 million ~ ~ Rally is an intercity transportation technology platform that harnesses the private bus industry to solve the challenges of middle-mile travelers ~ ~ Transaction enables Rally to scale its customer acquisition and brand awareness strategy ~ ~ Business combination expected to close in the fourth quarter of 2022 ~ New York and Dallas, Texas, June 01, 2022 (GLOBE NEWSWIRE) — Rally Communitas Corp. (the “Company” or “Rally”), a leading technology company for mass mobility in the United States doing business under the “Rally” and “OurBus” brands, and Americas Technology Acquisition Corp., a special purpose acquisition company (“ATA”) (NYSE: ATA, ATA.WS, ATA.U), today announced the signing of a definitive business combination agreement. The combined entity,...

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RedBall Acquisition Corp. and SeatGeek, Inc. Mutually Agree to Terminate Business Combination Agreement due to Unfavorable Market Conditions

NEW YORK, June 01, 2022 (GLOBE NEWSWIRE) — RedBall Acquisition Corp. (“RedBall”) (NYSE: RBAC), a publicly traded special purpose acquisition company, and SeatGeek, the technology platform that is transforming the live event experience for fans, teams, and venues, announced today that on May 31, 2022 the companies have mutually agreed to terminate their previously announced business combination agreement and plan of reorganization (the “Business Combination Agreement”) with immediate effect. The parties decided to terminate the Business Combination Agreement as a result of current unfavorable market conditions, particularly impacting growth technology companies. Andy Gordon, Partner at RedBird Capital, on behalf of RedBall, said, “SeatGeek is a great technology company with a proven track record of growth and strong momentum. However,...

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Priority Income Fund Announces 9.9% Annualized Cash Distribution Rate (on Class R Offering Price) Through Board Declarations of Increased Quarterly Cash “Bonus” Common Shareholder Distribution in Addition to Steady Monthly Cash “Base” Common Shareholder Distributions for June 2022 through August 2022 and Preferred Stock Distributions for June 2022

NEW YORK, June 01, 2022 (GLOBE NEWSWIRE) — Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s board of directors has declared additional steady monthly cash “base” common shareholder distributions as well as an increased quarterly cash “bonus” common shareholder distribution. The annualized total cash distribution is $1.33516 per share (9.9% annualized rate), representing the 8th consecutive quarterly increase, for distributions with record dates between June 3, 2022, and August 26, 2022, based on the current Class R offering price of $13.50 per common share. The cash “base” distributions will have weekly record dates and will be payable monthly to common stockholders of record as of the close of business each week. These declared distributions equal a weekly...

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Automotive Aftermarket Industry Size [2021-2028] Worth USD 529.88 Billion | Exhibit a CAGR of 3.8%

According to Fortune Business Insights, the global automotive aftermarket industry size is projected to grow from USD 407.51 billion in 2021 to USD 529.88 billion in 2028, at CAGR of 3.8% during forecast period; Increasing Focus on Streamlining Value Chain Processes to Boost the MarketAutomotive Aftermarket Industry Size Automotive Aftermarket Industry SizePune, India, June 01, 2022 (GLOBE NEWSWIRE) — The global Automotive Aftermarket Industry size is set to touch USD 529.88 billion by 2028, exhibiting a CAGR of 3.8% during the forecast period. Growing focus on digitization of aftersales services in the automotive industry will aid the growth of this market, states Fortune Business Insights™ in its report, titled “Automotive Aftermarket Industry Size, Share & Industry Analysis, By Replacement Part Type (Battery, Brake...

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Raymond James Completes Acquisition Of TriState Capital Holdings, Inc.

ST. PETERSBURG, Fla., June 01, 2022 (GLOBE NEWSWIRE) — Raymond James Financial (NYSE: RJF) announced today that it has completed the previously announced acquisition of TriState Capital Holdings, Inc. “The strategic and cultural fit between Raymond James and TriState has been continually reinforced as our teams have worked toward this point over the last few months,” said Raymond James Chair and CEO Paul Reilly. “Our collective focus on client-first values and a long-term horizon are unique and a true differentiator for our firms. I’m thrilled to officially welcome TriState Capital to the Raymond James family and look forward to continue growing together.” “We at TriState Capital are as excited about our future as we have ever been, and we are excited about our opportunity to partner with Raymond James who truly values what we...

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Raymond James Financial Declares Quarterly Dividend on Preferred Stock

ST. PETERSBURG, Fla., June 01, 2022 (GLOBE NEWSWIRE) — On June 1, 2022, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly dividend of $0.421875 per depositary share of 6.75% Fixed-to-Floating Rate Series A Non-Cumulative Perpetual Preferred Stock (NYSE:  RJF PrA) and $0.3984375 per depositary share of 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (NYSE:  RJF PrB), in each case payable on July 1, 2022, to holders of record as of June 15, 2022.    About Raymond James Financial, Inc. Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,700 financial...

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Itaú Corpbanca Files Material Event Notice announcing the Closing of the Acquisition of MCC companies

SANTIAGO, Chile, June 01, 2022 (GLOBE NEWSWIRE) — ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) announced that it filed today a Material Event Notice reporting the closing of the acquisition of MCC companies –in compliance with the Transaction Agreement– with the Chilean Commission for the Financial Market. The full Material Event Notice is available on the company’s investor relations website at ir.itau.cl. Investor Relations – Itaú Corpbanca+56 (2) 2660-1701 / IR@itau.cl / ir.itau.cl

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