Year: 2022

SUFFOLK, Va. and WINDSOR, Va., Dec. 16, 2022 (GLOBE NEWSWIRE) — Hampton Roads based TowneBank (Nasdaq: TOWN) and Farmers Bankshares, Inc. (OTCPK: FBVA), the parent company of Farmers Bank, Windsor, Virginia, announced today that they expect to complete their merger in early January 2023 as originally scheduled. The parties have received all required regulatory approvals, and the merger received the approval of Farmers Bankshares’ shareholders, with more than 85% of the outstanding shares voting for the merger, at its special meeting of shareholders held on December 14, 2022. The merger will solidify TowneBank’s number one market share in the Virginia Beach-Norfolk-Newport News MSA, adding Isle of Wight and Southampton counties to the bank’s service area while expanding Towne Insurance Agency’s market base. The closing of the merger...

CALGARY, Alberta, Dec. 16, 2022 (GLOBE NEWSWIRE) — ApartmentLove Inc. (CSE: APLV) (“ApartmentLove” or the “Company”), a leading provider of online home, apartment, and vacation rental marketing services to owners, renters, and vacationers from around the world is pleased to announce it has completed its acquisition of the established, very well-known, and profitable internet listing site GottaRent.com and other related domains from Metroland Media Group Ltd. (“Metroland”) in an all-cash takeover. Transaction Highlights:Purchase Price: C$940,000 Earnings Multiple: 4x EBITDA Acquired Domains: www.GottaRent.com and 4 others Page 1 Rankings: 12 Canadian markets including Hamilton, Mississauga, and Oakville in the GTAWhen asked what specifically excited ApartmentLove about the opportunity to acquire an established internet listing...

Trean Stockholders to Receive $6.15 Per Share in Cash, a Premium of Approximately 97% Company to Continue Growth Plan and Delivering Full Suite of Insurance and Reinsurance Services WAYZATA, Minn. and NEW YORK, Dec. 16, 2022 (GLOBE NEWSWIRE) — Trean Insurance Group, Inc. (Nasdaq: TIG) (“Trean” or the “Company”), a leading provider of products and services to the specialty insurance market, today announced that it has entered into a definitive merger agreement with affiliates of Altaris, LLC (collectively with its affiliates, “Altaris”), which currently owns approximately 47% of Trean’s outstanding common stock. Under the terms of the agreement, Altaris will acquire all of the common stock that it does not currently own for $6.15 in cash per share, representing a 97% premium to Trean’s closing price on December 15, 2022, the last...

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree DEVRO PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date position held/dealing...

Global sharps containers market was valued at USD 488.96 million in 2021, and it is expected to reach a value of USD 678.89 million by 2028, at a CAGR of 4.8% over the forecast period (2022-2028). Westford, USA, Dec. 16, 2022 (GLOBE NEWSWIRE) — The use of sharps containers is on the rise globally as more and more people are becoming aware of the importance of proper sharps disposal. Sharps containers are specially designed to dispose of sharp objects such as needles, syringes, and lancets. There are a number of reasons why the demand for sharps containers market is growing. One reason is the increasing prevalence of chronic and infectious diseases such as diabetes and HIV/AIDS, which require patients to self-inject medication. Recent outbreak of Covid-19 had positively driven the demand for the product to a great extent. Globally,...

$197M Total Investment (at HIW Share)557,000 Square Feet Trophy Mixed-Use Asset; 99% LeasedSubstantially Below-Market RentsIdeally Situated Four Blocks from 23Springs Development Project_________________________________________ RALEIGH, N.C., Dec. 16, 2022 (GLOBE NEWSWIRE) — Highwoods Properties, Inc. (NYSE:HIW) has acquired McKinney & Olive, a 557,000 square foot trophy mixed-use asset in the heart of Uptown Dallas, in a 50/50 joint venture with Granite Properties. McKinney & Olive, which was delivered in 2016 and is currently 99% leased, offers 507,000 square feet of multi-customer office space, 50,000 square feet of retail space and a one-acre piazza surrounded by walkable amenities steps away from Klyde Warren Park and the Dallas Arts District. McKinney & Olive, which has easy access to Dallas North Tollway,...

TORONTO, Dec. 16, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that it has completed the acquisition of the two stores announced on October 11, 2022 for $14,160,000 and has also purchased two complementary shredding businesses to its records and information management business, RecordXpress, for $8,750,000 (the “Acquisitions”). The total purchase price of the Acquisitions is $22,910,000, subject to customary adjustments, and was paid with first mortgage financing, promissory note and funds on hand. With these Acquisitions, StorageVault has now closed $241.1 million of acquisitions, to date, this year. About StorageVault Canada Inc.StorageVault, owns and operates 238 storage locations across Canada. StorageVault owns 206 of these locations plus over 4,500 portable storage units...