– Transaction reflects continuation of Vireo’s M&A strategy and is expected to close later this month – MINNEAPOLIS, Oct. 02, 2025 (GLOBE NEWSWIRE) — Vireo Growth Inc. (“Vireo” or the “Company”) (CSE: VREO; OTCQX: VREOF) today announced that it has entered into definitive agreements to acquire approximately 86% of the outstanding senior secured convertible notes (the “Notes”) of public U.S. multi-state cannabis operator, Medicine Man Technologies Inc. (dba “Schwazze”) from third-party noteholders. The Notes will be acquired at a price substantially below par value, for total consideration of approximately $62 million payable in subordinate voting shares of the Company at closing, at a deemed price per share of $0.54. The transaction is expected to close later this month. Completion of the transaction...

HOUSTON, Oct. 02, 2025 (GLOBE NEWSWIRE) — GulfStar Group (“GulfStar”) is pleased to announce the acquisition of Alpha Foods Co. (“Alpha” or the “Company”) by MBC Companies (“MBC”), a portfolio company of Entrepreneurial Equity Partners (“e2p”). GulfStar served as the exclusive financial advisor to Alpha throughout the transaction, which closed on September 10, 2025. Alpha, a privately held, family-owned frozen foods manufacturer based in Waller, Texas, was founded in 1984 by Greek immigrants George and Athena Sarandos. Alpha has grown from a regional foodservice distributor into a highly respected producer of frozen pizzas and pizza components for national accounts. Today, Alpha operates from a modern, highly efficient, 115,000-square-foot manufacturing and distribution facility serving a broad range of customers,...

TORONTO, Oct. 02, 2025 (GLOBE NEWSWIRE) — Algae-C Inc. (“Algae-C”) today issues a correction to its earlier release announcing its acquisition by Rockcliffe Labs Inc. (“Rockcliffe Labs”). The prior release suggested that all issued and outstanding securities of Algae-C were exchanged for shares of Rockcliffe Labs. This correction clarifies that Rockcliffe Labs acquired a controlling interest in Algae-C for cash consideration. Financial terms are undisclosed. Algae-C now operates as a majority-owned subsidiary of Rockcliffe Labs. The remaining Algae-C shareholders continue solely as minority shareholders of Algae-C and hold no equity, economic, or voting interest in Rockcliffe Labs. All other details from the earlier announcement remain unchanged. Algae-C Inc. Announces Completion of Acquisition by Rockcliffe Labs Inc. Algae-C Inc....

EL SEGUNDO, Calif. and BETHESDA, Md., Oct. 02, 2025 (GLOBE NEWSWIRE) — Big 5 Sporting Goods Corporation (Nasdaq: BGFV) (“Big 5”), a leading sporting goods retailer, today announced the successful completion of its previously announced merger with a partnership comprised of Worldwide Golf and Capitol Hill Group. Upon the satisfaction of customary closing conditions, including the approval of Big 5’s stockholders, the merger was consummated, with Big 5 surviving the merger as a wholly owned subsidiary of such partnership. Pursuant to the definitive merger agreement and subject to the terms and satisfaction of its conditions, Big 5 stockholders are entitled to receive $1.45 per share in cash. This represents a premium of approximately 36% to Big 5’s 60-day volume weighted average trading price prior to the transaction’s announcement. “This...

EMERYVILLE, Calif. and UTRECHT, The Netherlands and PHILADELPHIA, Oct. 02, 2025 (GLOBE NEWSWIRE) — XOMA Royalty Corporation (“XOMA Royalty”) (NASDAQ: XOMA) and LAVA Therapeutics N.V. (“LAVA”) (Nasdaq: LVTX) today announced the extension of the expiration of the tender offer to purchase all outstanding shares of common shares of LAVA, for (i) a cash amount to be determined in accordance with the Purchase Agreement, plus (ii) a non-transferable contingent value right (“CVR”) per share representing the right to receive 75% of the net proceeds related to LAVA’s two partnered assets and 75% of any net proceeds from any out license or sale of LAVA’s unpartnered programs (the “Offer”). The Offer, which was previously scheduled to expire one minute after 11:59 p.m. Eastern Time on October 3, 2025, has been extended until one minute after...

WEST HARTFORD, Conn., Oct. 02, 2025 (GLOBE NEWSWIRE) — Legrand®, a global leader in electrical and digital building infrastructures, has signed a definitive agreement to acquire Cleveland, Ohio-based Avtron Power Solutions, a leading global provider of load banks and power quality solutions that serve a wide range of high-growth markets where reliable delivery of power is required. Avtron employs 600 people, operates five manufacturing sites across North America and Europe, and is expected to generate nearly $350 million in revenue in 2025, with high profitability. With a commitment to innovation and quality, Avtron delivers dependable solutions for data centers, healthcare facilities, renewable energy applications and industrial manufacturing sites to ensure that critical power is available when it’s needed by customers worldwide....

Continued acquisitions in fast growing regions has led to position as the 75th largest manufactured housing community owner in the United States CHARLOTTE, N.C., Oct. 02, 2025 (GLOBE NEWSWIRE) — FG Communities, whose mission is to preserve and improve affordable housing by acquiring and operating manufactured housing communities, is excited to announce that it now ranks as the 75th largest manufactured housing community owner in the United States according to the Mobile Home Park Home Owners Allegiance. What began in 2022 with the acquisition of a handful of mobile home communities has, with the hard work of the FG Communities team, grown into a company with over 2,500 homesites either owned or pending acquisition with communities located in North Carolina, South Carolina, and Virginia. Recent acquisitions include manufactured...

RALEIGH, N.C., Oct. 02, 2025 (GLOBE NEWSWIRE) — Martin Marietta Materials, Inc. (NYSE: MLM) (Martin Marietta or the Company), today announced that it has received all necessary regulatory approvals for its previously announced asset exchange with Quikrete Holdings, Inc. (Quikrete). The transaction is now expected to close in the fourth quarter of 2025, subject to customary closing conditions. Under the terms of the agreement, Martin Marietta will acquire aggregates operations with annual production of approximately 20 million tons across Virginia, Missouri, Kansas and Vancouver, British Columbia, as well as $450 million in cash. In exchange, Quikrete will receive the Company’s Midlothian cement plant, associated cement terminals, and ready-mixed concrete assets in North Texas. About Martin Marietta Martin Marietta, a member of...

TORONTO, Oct. 02, 2025 (GLOBE NEWSWIRE) — Algae-C Inc. (“Algae-C”) today announced that it has been acquired by Rockcliffe Labs Inc. (“Rockcliffe Labs”), a Canadian biotechnology venture creation platform. Under the terms of the transaction, all issued and outstanding securities of Algae-C have been exchanged for shares of Rockcliffe Labs. Algae-C is now a subsidiary of Rockcliffe Labs, with former Algae-C shareholders holding a continuing ownership position in the combined enterprise. Transaction OverviewGovernance: Algae-C’s operations and management will be integrated into Rockcliffe Labs’ governance and reporting framework. Structure: Rockcliffe Labs acquired control of Algae-C through the purchase of a majority block of securities Consideration: The acquisition was settled in cash, with financial terms undisclosed Ownership:...

EAGLE, Idaho, Oct. 02, 2025 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announced today that on October 1, 2025, it acquired certain operations from UnitedHealth Group Incorporated (“UnitedHealth”). The operations were divested pursuant to UnitedHealth’s acquisition of Amedisys Inc. by UnitedHealth’s Optum unit.  Pennant is purchasing divested home health, hospice and personal care services in Tennessee, Georgia and Alabama for a combined purchase price of $146.5 million. The asset package includes 54 locations with combined revenues of $189.3 million over the trailing twelve months. The acquired agencies are primarily located in Tennessee, a certificate of need state. Approximately two-thirds of the...