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CN and Iowa Northern Railway Officially Join their Operations

MONTREAL, March 03, 2025 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) and Iowa Northern Railway Company officially joined their operations on March 1, 2025, as previously authorized by the U.S. Surface Transportation Board. With the closing of this transaction, CN and Iowa Northern can begin integrating their two railroads to better serve customers, the Iowa economy and communities along the network. “This additional investment in the United States underscores our dedication to delivering outstanding rail service while driving economic growth. CN customers and partners along this network will benefit from single-line service offering new options and access to new markets.” – Tracy Robinson, President and Chief Executive Officer, CN “Today we celebrate this important milestone, as we welcome the Iowa Northern team into our CN family...

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Revive Therapeutics Announces LOI to Acquire DiagnaMed’s Molecular Hydrogen Program

TORONTO, March 03, 2025 (GLOBE NEWSWIRE) — TORONTO, March 3, 2025 – Revive Therapeutics Ltd. (“Revive” or the “Company”) (OTCQB: RVVTF) (CSE: RVV) (FRANKFURT:31R), a specialty life sciences company focused on the research and development of therapeutics for infectious diseases, rare disorders, and medical countermeasures, is pleased to announce that it has entered into a non-binding letter of intent (the “LOI”), dated February 28, 2025, to acquire the full rights to DiagnaMed Holdings Corp.’s (CSE: DMED) (OTCQB: DGNMF) (“DiagnaMed”) intellectual property (the “Acquired Assets”) pertaining to molecular hydrogen as potential treatments for neurological and mental health disorders (the “Acquisition”). The Acquired Assets will include all of the following:Provisional patent application with the U.S. Patent and Trademark Office outlining...

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First Busey Corporation Completes Acquisition of CrossFirst Bankshares, Inc. and CrossFirst Bank

CHAMPAIGN, Il. and LEAWOOD, Kan., March 03, 2025 (GLOBE NEWSWIRE) — First Busey Corporation (“Busey”) (NASDAQ: BUSE), the holding company for Busey Bank, announced today the completion of its acquisition by merger of CrossFirst Bankshares, Inc. (“CrossFirst”) (NASDAQ: CFB), the holding company for CrossFirst Bank, effective March 1, 2025. The transaction was previously jointly announced on August 27, 2024. Busey will operate CrossFirst Bank as a separate banking subsidiary of Busey until it is merged with Busey Bank, which is expected to occur in June 2025. At the time of the bank merger, CrossFirst Bank’s banking centers will become branches of Busey Bank and operate under the Busey brand, creating a premier full-service commercial bank serving clients from 77 locations across 10 states with combined total assets of approximately...

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Volaris Group Acquires Oceans HQ

TORONTO, March 03, 2025 (GLOBE NEWSWIRE) — Volaris Group (Volaris) today announced the acquisition of Oceans HQ, a leading provider of a SaaS solutions for international ship registries. Oceans HQ joins forces with PDMS, a Volaris Group company and provider of digital solutions and services. The Oceans HQ ship registry product portfolio and their team, will now operate as part of PDMS. Headquartered in the UK, Oceans HQ has been working with maritime administrations for over 10 years serving customers including Gibraltar Maritime Administration and the Swiss Maritime Navigation Office. Their full suite of software products (OHQ Cloud) has been designed to support the daily operations of maritime registries from vessel registration and survey and inspections through to seafarer certification. PDMS already serves a number of leading...

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Highwoods Agrees to Acquire Advance Auto Parts Tower in Raleigh

346,000 Square Feet,100% LeasedAdjacent to Highwoods-Owned CAPTRUST Tower in North HillsClosing Scheduled for Next 30 Days RALEIGH, N.C., March 03, 2025 (GLOBE NEWSWIRE) — Highwoods Properties, Inc. (NYSE:HIW) today reported it has agreed to acquire Advance Auto Parts Tower, a 20-story, Class AA office tower located in the heart of Raleigh’s vibrant mixed-use North Hills Best Business District (BBD). This 346,000 square foot, LEED-gold certified tower, which delivered in 2020, was 100% leased at December 31, 2024 with a current weighted average lease term of 8.2 years. Advance Auto Parts Tower is immediately adjacent to Highwoods-owned CAPTRUST Tower, a 16-story Class AA office tower encompassing 300,000 square feet that was 98.4% leased at December 31, 2024 with a current weighted average lease term of 6.3 years. The Company will...

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Bridge Specialty Group completes the acquisition of NBS Insurance Agency, Inc., announces new brand name—introducing LocalEdge

DAYTONA BEACH, Fla., March 03, 2025 (GLOBE NEWSWIRE) — Bridge Specialty Group (“BSG”) today announced the completion of the previously announced acquisition of the insurance operations of NBS Insurance Agency, Inc. (operating as “Nationwide Brokerage Solutions” or “NBS”). The acquisition only includes NBS Insurance Agency, Inc. and no other Nationwide affiliated companies. In conjunction with the close of this transaction, Bridge Specialty Group is pleased to announce that NBS is beginning a new chapter by introducing its new brand name, LocalEdge, ushering in a new chapter in excellence and custom solutions. Ted Stuckey, president of LocalEdge, shared, “This change represents more than just a rebranding; it underscores our commitment to delivering unmatched service and customized solutions that our agents have come to expect....

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ING acquires stake in Van Lanschot Kempen

ING acquires stake in Van Lanschot Kempen ING announced today that it has reached an agreement with Reggeborgh Groep B.V. on the acquisition of a 17.6% stake in Van Lanschot Kempen N.V., a specialist wealth manager serving Private, Institutional and Investment banking clients, operating predominantly in the Netherlands and Belgium. Together with an existing 2.7% stake, ING will hold a 20.3% stake in Van Lanschot Kempen after completion of the transaction. “Van Lanschot Kempen is a respected, listed, well-capitalised, profitable wealth manager with a strong specialist position in amongst others the Netherlands and Belgium. Their history goes back almost three centuries. Acquiring this stake presents an attractive financial opportunity and with this transaction we are executing on our goal to enhance our position in private banking and...

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TransPerfect Acquires Technicolor Games

Leading Gaming Studio to Become Division of TransPerfect Gaming SAN FRANCISCO and BANGALORE, India, March 01, 2025 (GLOBE NEWSWIRE) — TransPerfect, the world’s largest provider of language and AI solutions for global business, today announced it has acquired Technicolor Games, the gaming division of Technicolor Group, S.A. Financial terms of the transaction were not disclosed. With offices in London, San Francisco, Montreal, and Bangalore, Technicolor Games includes more than 400 creative artists specializing in concept art, 3D art, animation, VFX, and cinematics. The company works with a global clientele—including major developers like Electronic Arts, Capcom, and 2K—on AAA titles such as Dragon Age: The Veilguard, Hogwarts Legacy, FC25, and Street Fighter 6. As part of the deal, TransPerfect will welcome all Technicolor Games...

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UDF IV Board Rejects Unsolicited, Non-Binding and Conditional Proposal from NexPoint

IRVING, Texas, Feb. 28, 2025 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) today announced that its Board of Trustees unanimously rejected an unsolicited, non-binding and conditional proposal from NexPoint Real Estate Opportunities, LLC, an indirect subsidiary of NexPoint Diversified Real Estate Trust (NXDT), and its affiliates (collectively, “NexPoint”) to acquire the Trust. Consistent with their fiduciary duties and after consultation with external financial and legal advisors, the Special Committee of the UDF IV Board, comprised of all independent trustees, and the UDF IV Board carefully reviewed NexPoint’s proposal. They assessed the relative benefits and risks of NexPoint’s conditional proposal and the terms of the existing merger agreement under which the Trust agreed to be acquired by Ready Capital...

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Virginia Credit Union, Member One Appoint Mike Brunson and Kenya Maddox to Key Leadership Roles for Risk Management, Internal Audit

Longtime Leaders’ New Roles Follow Period of Significant Growth for VACU, Member OneVACU, Member One Announce New Roles for Longtime LeadersVirginia Credit Union and its Member One division have named two executives to critical roles overseeing risk management and the credit union’s internal audit function. Mike Brunson will assume the newly created role of Executive Vice President/Chief Risk Officer, and Kenya Maddox has been promoted to Senior Vice President/Chief Audit Officer.Richmond, Virginia, Feb. 28, 2025 (GLOBE NEWSWIRE) — Virginia Credit Union and its Member One division have named two executives to critical roles overseeing risk management and the credit union’s internal audit function. Mike Brunson will assume the newly created role of Executive Vice President/Chief Risk Officer, and Kenya Maddox has...

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