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Berkshire Hills Bancorp and Brookline Bancorp to be Combined as Beacon Financial Corporation and Beacon Bank Upon the Closing of their Merger of Equals

BOSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) — Berkshire Hills Bancorp, Inc. (“Berkshire”) (NYSE: BHLB), the parent company of Berkshire Bank, and Brookline Bancorp, Inc. (“Brookline”) (NASDAQ: BRKL), the parent company of Brookline Bank, Bank Rhode Island, and PCSB Bank, today announced that the combined holding company that will be created through their transformative merger of equals will be named Beacon Financial Corporation and remain listed on the New York Stock Exchange under a new ticker symbol BBT. While the legal name of the combined bank will be Beacon Bank & Trust, it will be more commonly referred to as Beacon Bank. The merger is expected to be completed in the third quarter of 2025, subject to regulatory approvals and normal closing conditions. Beacon Bank Logo The name Beacon Bank was carefully chosen to reflect...

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Duolingo Doubles Down on Delight with Acquisition of Music Gaming Startup NextBeat’s Innovative Team

London-based team brings deep expertise in music games, licensing, and interactive design PITTSBURGH, Aug. 06, 2025 (GLOBE NEWSWIRE) — Duolingo, Inc. (Nasdaq: DUOL), the world’s leading mobile learning platform, announced today it has acquired the team behind NextBeat, a London-based music gaming startup known for blending world-class music licensing with engaging mobile gameplay. With this move, Duolingo is investing in making its Music course as fun and joyful as the best mobile games in the market. “Learning should be just as engaging as playing a great game, whether you’re practicing a new language or playing a favorite song,” said Bob Meese, Chief Business Officer at Duolingo. “This is a strategic bet on talent. The NextBeat team brings deep mobile gaming and music industry expertise, which will make our Music course and the...

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JenaValve Responds to FTC’s Action Against Proposed Edwards Lifesciences Acquisition

IRVINE, Calif., Aug. 06, 2025 (GLOBE NEWSWIRE) — JenaValve Technology announced today that the U.S. Federal Trade Commission (FTC) moved to block the company’s proposed acquisition by Edwards Lifesciences. JenaValve respectfully disagrees with the FTC’s decision and remains committed to completing the acquisition. JenaValve remains confident in both its rationale for the transaction and the value it will bring to the hundreds of thousands of patients suffering from aortic regurgitation. JenaValve intends to join Edwards to defend this case in court to complete the acquisition. About JenaValveJenaValve Technology, Inc. is a medical device company focused on the design, development, and commercialization of innovative THV solutions for the treatment of patients suffering from heart valve disease. The Company’s Trilogy...

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Apollo Funds to Acquire Majority Stake in Stream Data Centers, Forming a Scaled Digital Infrastructure Leader

Apollo’s Long-Term Capital to Accelerate Stream’s 4+ GW Development Pipeline and Enable Deployment of Billions Into Critical U.S. Infrastructure NEW YORK and DALLAS, Aug. 06, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Apollo-managed funds (the “Apollo Funds”) have agreed to acquire a majority interest in Stream Data Centers (“SDC” or the “Company”) from Stream Realty Partners (“SRP”). With Apollo’s backing, SDC is positioned to execute on a multi-gigawatt pipeline while enabling Apollo Funds and affiliates to potentially deploy billions of dollars into next-generation digital infrastructure. SDC’s management team will retain a minority stake and continue leading the business. SDC builds, leases, manages and operates hyperscale data center campuses and has delivered more than 20 campuses to date. The Company...

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Evolution Closes Mineral & Royalty Acquisition, Adding Long-Term Production and Cash Flow

HOUSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) — Evolution Petroleum Corporation (NYSE American: EPM) (“Evolution” or the “Company”) today announced the closing of an acquisition of mineral and royalty interests in the SCOOP/STACK area of Oklahoma from a non-affiliated private seller in a cash transaction valued at approximately $17 million, subject to customary post-closing adjustments. The acquisition, effective May 1, 2025 (the “Effective Date”), was funded through a combination of cash on hand and borrowings under the Company’s existing credit facility. The Company expects to receive the vast majority of the cash flow earned between the Effective Date and the closing date, August 4, 2025, within the next 90 days through receipt of a final closing statement. Acquisition Highlights:Mineral and Royalty...

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FTAI Infrastructure Inc. Announces Agreement to Acquire the Wheeling & Lake Erie Railway Company

NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) — FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FIP”) announced today that it has agreed to purchase The Wheeling Corporation, owner of the Wheeling & Lake Erie Railway Company (the “W&LE”), for cash consideration of $1.05 billion from an entity controlled by Larry Parsons, the CEO of The Wheeling Corporation. The W&LE is a Class II regional freight railroad serving more than 250 customers along over 1,000 miles of track in the states of Ohio, Pennsylvania, West Virginia, and Maryland. The W&LE connects to Transtar’s Union Railroad Company, LLC outside of Pittsburgh, Pennsylvania. Simultaneously with the closing of the acquisition, FIP plans to refinance its existing10.50% senior notes and Series A preferred stock. The Company has received commitments for $2.25...

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Almadex Acquires Red Antler Silver-Gold Epithermal Vein Project by Staking, Surface Sampling returns 24 g/t Silver

VANCOUVER, British Columbia, Aug. 05, 2025 (GLOBE NEWSWIRE) — Almadex Minerals Ltd. (“Almadex” or the “Company”) (TSX-V: “DEX”) is pleased to announce that it has acquired a 100% interest in the Red Antler early-stage exploration project by staking. The project is located in western Utah and was identified as part of Almadex’s ongoing regional exploration program in the western USA. The Red Antler property covers an area of rhyolitic volcanics affected by quartz-alunite-kaolinite alteration and crosscut by quartz veining. The project was identified during a site visit that was made based on criteria used as part of Almadex’s generative exploration including the presence of advanced argillic alteration developed in volcanic rocks. Only very preliminary work was performed prior to staking. This work identified...

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Pacific Urban Investors Acquires The Garnett in Williamsburg, Expands New York Metro Portfolio to 1,966 Units

PALO ALTO, Calif., Aug. 05, 2025 (GLOBE NEWSWIRE) — Pacific Urban Investors, a multifamily owner-operator and investment manager, has completed its eighth acquisition in the New York Metro, increasing its regional portfolio to 1,966 units. The newly acquired community, The Garnett at 146 South 4th Street, consists of 113 units located in the desirable Williamsburg neighborhood of Brooklyn. This investment marks Pacific Urban’s 16th property on the East Coast, reflecting continued strategic expansion into key markets, including Boston, the Mid-Atlantic, and the Southeast. “We are excited to expand our East Coast portfolio with the acquisition of The Garnett, a high-quality community located in Williamsburg, one of New York City’s most dynamic neighborhoods,” said Matt Lederer, Vice President of Investments. “Williamsburg remains...

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Bocana Resources Corp. Signs Letter of Intent to Acquire Mining Claims in Arizona

CALGARY, Alberta, Aug. 05, 2025 (GLOBE NEWSWIRE) — Bocana Resources Corp. (TSXV: BOCA) (Frankfurt: VC1) (“Bocana” or the “Company“) is pleased to announce that it has entered into a binding letter of intent (the “LOI“) dated July 24, 2025 for the proposed acquisition (the “Transaction“) of 100% of the rights, title and interests in the U.S. Bureau of Land Management (“BLM“) placer mining claims (the “Claims“) owned by LP Associates, LLC of Buffalo MN. (“LPA, LLC” or the “Seller“), an arm’s length limited liability company formed under the laws of the State of Minnesota. The Transaction The Claims, which are comprised of seventy-two (72) 20-acre claims, total approximately 1,440 acres in size. The Claims are located in Pinal County,...

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Bow River Capital Expands Multifamily Portfolio with Acquisition of Brookside Commons in Kansas City

Bow River completes third multifamily acquisition in the Kansas City market DENVER, Aug. 05, 2025 (GLOBE NEWSWIRE) — Bow River Capital, a Denver-based alternative asset management firm with $4.4 billion in assets under management, today announced the acquisition of Brookside Commons, a newly constructed 212-unit Class-A multifamily community located in Kansas City, Missouri. This marks Bow River’s third multifamily acquisition in the Kansas City market, following the successful purchases of Gallerie (361 units) & Icon (57 units). Built in 2023, Brookside Commons aligns with Bow River’s investment strategy of acquiring high-quality, undervalued assets in resilient and growing markets. The transaction was completed at more than a 24% discount on today’s replacement cost, offering attractive relative value in a supply-constrained...

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