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Alkane and Mandalay Announce Closing of Merger

PERTH, Australia and TORONTO, Aug. 05, 2025 (GLOBE NEWSWIRE) — Alkane Resources Limited (ASX: ALK) (“Alkane”) and Mandalay Resources Corporation (“Mandalay”) (TSX: MND, OTCQB: MNDJF) are pleased to announce the successful closing of their merger. The transaction was effected by way of a statutory plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”), whereby Alkane acquired all of the issued and outstanding common shares of Mandalay (the “Mandalay Shares”). Under the terms of the Arrangement, Mandalay shareholders are entitled to receive 7.875 fully paid ordinary shares of Alkane (the “Alkane Shares”) for each Mandalay Share held. The combined company will continue operating as “Alkane Resources Limited” and will remain listed on the ASX and headquartered in Perth. The Toronto Stock Exchange...

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Cabot Corporation to Acquire Mexico Carbon Manufacturing S.A. de C.V. from Bridgestone Corporation

BOSTON, Aug. 04, 2025 (GLOBE NEWSWIRE) — Cabot Corporation (NYSE: CBT) announced that it has entered into a definitive agreement to acquire Mexico Carbon Manufacturing S.A. de C.V. (MXCB) from Bridgestone Corporation. The reinforcing carbons manufacturing facility was commissioned in 2005 and is located in close proximity to Cabot’s current reinforcing carbons facility in Altamira, Mexico, which has operated successfully since 1990. Furthermore, it underscores Bridgestone’s confidence in Cabot as a trusted partner with a proven track record of delivering high-quality, reliable supply. Under the terms of the acquisition, Cabot will strengthen its longstanding partnership with Bridgestone through the long-term supply of reinforcing carbon products from MXCB for Bridgestone. In addition, the facility also has the capability to manufacture...

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EVIDENT to Acquire Pramana, Inc.

Expanded product offering propels digital pathology from simply creating images to generating new insights for pathologistsIntestineIntestineIDC breastIDC breastWALTHAM, Mass., Aug. 04, 2025 (GLOBE NEWSWIRE) — Evident announces a definitive agreement to acquire Pramana, Inc., a leading manufacturer of digital pathology solutions. Pramana’s cutting-edge autonomous whole slide imaging technologies, combined with Evident’s longstanding leadership in clinical microscopy and superior optics, will revolutionize the market for digital pathology solutions and usher in a new era—digital pathology 2.0. Founded in 2021 by nference (a leader in Multimodal and Agentic AI innovation), Pramana is a global healthcare technology company specializing in the development of fully autonomous image scanning systems for pathology settings...

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Calvetti Ferguson Expands Nonprofit Services with CPA Firm Acquisition

SAN ANTONIO, Aug. 04, 2025 (GLOBE NEWSWIRE) — Calvetti Ferguson, a full-service CPA and advisory firm, has acquired San Antonio-based Randy Walker & Company. This strategic move adds nonprofit audits to its services and significantly strengthens its headcount in San Antonio. “This acquisition marks a significant step in expanding our service offerings,” said Jason Ferguson, managing partner at Calvetti Ferguson. “We’re adding a dedicated nonprofit audit practice to our firm, bringing new expertise to our team, and strengthening our ability to serve nonprofit organizations. With a notable increase to our San Antonio workforce, we’re deepening our roots and strengthening our investment in the Central Texas region.” Randy Walker & Company is a CPA firm with a long-standing reputation for nonprofit accounting and auditing...

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Stingray Acquires The Singing Machine Company to Bolster its In-Car Karaoke Offering with Integrated Microphones

MONTREAL, Aug. 04, 2025 (GLOBE NEWSWIRE) — Stingray Group (TSX: RAY. A; RAY.B), an industry leader in music and video content distribution, business services, and advertising solutions, today announced it has acquired the assets of The Singing Machine Company, the worldwide leader in consumer karaoke products and hardware, cementing its leadership in the global karaoke market. This acquisition builds on a successful long-term partnership between the two companies and solidifies Stingray’s position in the karaoke industry by integrating a beloved hardware brand into its extensive portfolio of multi-platform music services. The deal involves the acquisition of The Singing Machine’s global home karaoke business, including all associated intellectual property, customer, supplier contracts and inventory. A key focus will...

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XOMA Royalty Enters into Agreement to Acquire LAVA Therapeutics for Between $1.16 and $1.24 Per Share in Cash, Plus a Contingent Value Right

XOMA Royalty adds milestone and royalty economics associated with two partnered assets EMERYVILLE, Calif. and UTRECHT, The Netherlands and PHILADELPHIA, Aug. 04, 2025 (GLOBE NEWSWIRE) — XOMA Royalty Corporation (“XOMA Royalty”) (NASDAQ: XOMA) and LAVA Therapeutics N.V. (“LAVA”) (NASDAQ: LVTX) announced today they have entered a definitive share purchase agreement (the “Purchase Agreement” and the transactions set forth in the Purchase Agreement, the “Transactions”) whereby XOMA Royalty will acquire LAVA for (i) between $1.16 and $1.24 per share in cash, consisting of (A) USD $1.16 (the “Base Price Per Share”) in cash per share (the “LAVA common stock”), plus (B) an additional amount of cash of up to $0.08 per Share (such amount as finally determined in accordance with the Purchase Agreement, the “Additional Price Per Share,” and...

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Descartes Acquires Finale Inventory

Broadens Multi-Channel Inventory Management Capabilities to Scale Across Ecommerce Operations of all Sizes WATERLOO, Ontario and ATLANTA, Aug. 04, 2025 (GLOBE NEWSWIRE) — Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Finale Inventory (“Finale”), a U.S.-based provider of cloud-based inventory management solutions designed to support ecommerce businesses across their growth lifecycle. Finale Inventory helps growing ecommerce sellers keep stock levels accurate across multiple ecommerce sales and fulfillment channels. With better visibility and control, customers can effectively scale while avoiding overselling, backorders, erroneous restocking, and negative customer experiences. The solution also offers deep integration and real-time...

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USI Insurance Services Acquires Rogers Insurance Center

New Partnership Expands USI’s Oklahoma-based Commercial and Personal Risk Expertise VALHALLA, N.Y., Aug. 04, 2025 (GLOBE NEWSWIRE) — USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement consulting, today announced the acquisition of Miami, Oklahoma-based Rogers Insurance Center. Founded in 1997, Rogers Insurance Center is an independent brokerage firm specializing in commercial and personal risk insurance programs. Terms of the transaction were not disclosed. Commenting on the new partnership, Devony Metcalf, Vice President and Co-Owner of Rogers Insurance Center, stated: “For more than 25 years, our agency has built a strong reputation for providing innovative risk management solutions tailored to the needs of businesses and individuals across Oklahoma, including Tribal governments...

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HilleVax Enters into a Definitive Agreement to be Acquired by XOMA Royalty for $1.95 in Cash per Share Plus a Contingent Value Right

BOSTON, Mass., and EMERYVILLE, Calif., Aug. 04, 2025 (GLOBE NEWSWIRE) — HilleVax, Inc. (“HilleVax” or “the Company”) (NASDAQ: HLVX) and XOMA Royalty Corporation (“XOMA Royalty”) (NASDAQ: XOMA) announced today they have entered into a definitive merger agreement (the “Merger Agreement”), whereby XOMA Royalty will acquire all of the issued and outstanding common shares of HilleVax.   Under the terms of the Merger Agreement, HilleVax stockholders will receive $1.95 in cash per share of HilleVax common stock at the closing of the merger, plus one non-transferable contingent value right (“CVR”), which represents the right to receive potential payments following the closing of a pro rata portion of: (i) any remaining HilleVax cash in excess of $102.95 million; (ii) between 90 and 100% of certain savings realized by XOMA Royalty following...

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HilleVax Enters into a Definitive Agreement to be Acquired by XOMA Royalty for $1.95 in Cash per Share Plus a Contingent Value Right

BOSTON and EMERYVILLE, Calif., Aug. 04, 2025 (GLOBE NEWSWIRE) — HilleVax, Inc. (“HilleVax” or “the Company”) (NASDAQ: HLVX) and XOMA Royalty Corporation (“XOMA Royalty”) (NASDAQ: XOMA) announced today they have entered into a definitive merger agreement (the “Merger Agreement”), whereby XOMA Royalty will acquire all of the issued and outstanding common shares of HilleVax.   Under the terms of the Merger Agreement, HilleVax stockholders will receive $1.95 in cash per share of HilleVax common stock at the closing of the merger, plus one non-transferable contingent value right (“CVR”), which represents the right to receive potential payments following the closing of a pro rata portion of: (i) any remaining HilleVax cash in excess of $102.95 million; (ii) between 90 and 100% of certain savings realized by XOMA Royalty following closing...

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