Month: June 2021

Slate Grocery REIT to Release Second Quarter 2021 Results

TORONTO–(BUSINESS WIRE)–Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that it will be releasing its second quarter 2021 results before market hours on Wednesday, July 28, 2021. Senior management will host a live conference call at 9:00 am ET on Wednesday, July 28, …

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CI Financial Completes Acquisition of San Diego RIA Dowling & Yahnke

TORONTO–(BUSINESS WIRE)–$CIXX #cigam—CI Financial Corp. (“CI”) (TSX:CIX; NYSE:CIXX) today announced it has completed its acquisition of Dowling & Yahnke, LLC (“D&Y”), a San Diego-based wealth manager with approximately US$5.1 billion in assets. The acquisition, which was first announced in May 2021, adds one of the country’s leading registered investment advisors (“RIAs”) to the CI group …

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Elastic Announces Upsizing and Pricing of $575 Million of Senior Unsecured Notes Due 2029

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Elastic N.V. (“Elastic” or the “Company”) (NYSE: ESTC) announced today that it has priced its offering of $575 million aggregate principal amount of its 4.125% senior notes due 2029 (the “notes”) in a private offering (the “offering”) that is exempt from the registration requirements of the United States Securities Act of 1933, …

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Vagaro Selects Gusto as Its Official HR Software Partner

New partnership allows Vagaro business to streamline HR functions including payroll and benefits. DUBLIN, Calif.–(BUSINESS WIRE)–Running a business is no easy feat, but with the right technology, many tasks can be automated to give back an owner’s most valuable resource: time. In that spirit, Vagaro is deepening its partnership with Gusto through its new initiative, …

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KBRA Assigns Ratings to PNMAC GMSR ISSUER TRUST, Series 2016-MSRVF1 and Series 2020-SPIADVF1 Variable Funding Notes

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns a final rating of ‘BBB (sf)’ to the Series 2016-MSRVF1 and the Series 2020-SPIADF1 Variable Funding Notes issued by PNMAC GMSR ISSUER TRUST, a master trust issuer of PennyMac Loan Services, LLC (PLS). These notes are backed by participation certificates evidencing participation interest in mortgage servicing rights …

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KBRA Analytics Releases 12 Things in Credit: June 2021

NEW YORK–(BUSINESS WIRE)–KBRA Analytics releases topical and timely commentary on credit markets, compiled from our weekly podcast, 3 Things in Credit, hosted by our Chief Strategist, Van Hesser. Among the wide-ranging issues Van has addressed over the past month are the Great Deceleration (life after stimulus), the return of event risk, and consumer lending risk …

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DigitalBridge Prices $300 Million New Securitized Financing Facility

BOCA RATON, Fla.–(BUSINESS WIRE)–DigitalBridge Group, Inc. (NYSE: DBRG) (the “Company”) today announced two of its subsidiaries, DigitalBridge Issuer, LLC and DigitalBridge Co-Issuer, LLC (together, the “Co-Issuers”) have priced an offering of $300 million aggregate principal amount of Series 2021-1 3.95% Secured Fund Fee Revenue Notes, Class A-2 (the “Class A-2 Notes”). Interest payments on the …

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Hagens Berman: Attorneys Representing College Athletes Comment on NCAA’s New Rules on Name, Image and Likeness Compensation

Attorneys representing college athletes vs. the NCAA for NIL rights speak out about the institution’s abrupt policy shift SEATTLE–(BUSINESS WIRE)–#NCAA–Today, the NCAA voted to suspend certain amateurism rules related to name, image and likeness (NIL), and attorneys at Hagens Berman who have and continue to represent college athletes against the NCAA for rights to compensation …

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Stride Releases Environmental, Social and Governance Report Detailing Its Efforts to Contribute to Select United Nations Sustainable Development Goals Including Quality Education

Announces Goal to Graduate more than 300 thousand across its Career Learning Programs by 2030 HERNDON, Va.–(BUSINESS WIRE)–Stride Inc. (NYSE: LRN), one of the nation’s leading tech-enabled education companies, today announced the release of its inaugural environmental, social and governance (ESG) initiatives report. The report details Stride’s efforts to champion a more equitable education system, …

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Astound Broadband to Acquire Select Assets of WOW! Internet, Cable & Phone, Adding Chicago and Key Indiana, Maryland Markets to Nationwide Fiber Network

PRINCETON, N.J.–(BUSINESS WIRE)–Astound Broadband, the sixth largest cable operator in the United States (doing business as RCN, Grande Communications, and Wave Broadband), today announced that it has reached an agreement to acquire the Chicago, IL, Evansville, IN, and Anne Arundel, MD assets of WOW! Internet, Cable & Phone for $661 million. In total, these assets …

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Alussa Energy Acquisition Corp. Shareholders Approve Business Combination with FREYR AS

NEW YORK & OSLO, Norway–(BUSINESS WIRE)–Alussa Energy Acquisition Corp. (“Alussa Energy”) (NYSE: ALUS), a Cayman Island exempted special purpose acquisition company, announced that its shareholders approved all proposals related to the previously announced business combination (the “Business Combination”) with FREYR AS (“FREYR”), a Norway-based developer of clean, next-generation battery cell production capacity, at a special …

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First Trust Enhanced Equity Income Fund Issues Notice Regarding June 2021 Distribution

WHEATON, Ill.–(BUSINESS WIRE)–The Board of Trustees of First Trust Enhanced Equity Income Fund (the “Fund”) (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fund (the “Managed Distribution Plan”) in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital …

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Wish Announces Chief Financial Officer Transition

Rajat Bahri to Remain with Wish through July 23 The Company has Initiated a Search for a New CFO SAN FRANCISCO–(BUSINESS WIRE)–ContextLogic Inc. (d/b/a “Wish”) (NASDAQ: WISH) one of the world’s largest mobile ecommerce platforms, today announced that Chief Financial Officer Rajat Bahri has notified the Board of Directors that he plans to resign from …

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Interior Logic Group Completes Acquisition of Residential Design Services

IRVINE, Calif.–(BUSINESS WIRE)–Interior Logic Group, Inc. (ILG) announced today the acquisition of Residential Design Services (RDS), an innovation leader in interior finish installations and design service technology serving homebuilders. In the coming months, ILG will bring the two companies together under the Interior Logic Group brand; for now, RDS will continue using its name and …

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Elanco Foundation Announces Partnership with the JBS Fund

First external organization to contribute to RestaurAmazônia Project combining cocoa cultivation with cattle raising in the Amazon GREENFIELD, Ind.–(BUSINESS WIRE)–Today, the Elanco Foundation announces a partnership with the JBS Fund for the Amazon (The Fund) to jointly support the RestaurAmazônia Project, which promotes sustainable farming and environmental conservation in the Amazon. Over the next three …

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Smartphones: Dangerous Distraction or Driver Safety Companion?

Smith Micro to co-host Driving Safety webinar on July 13 PITTSBURGH–(BUSINESS WIRE)–$SMSI #digitalfamilysafety–Smith Micro Software, Inc. (NASDAQ: SMSI), today announced that the company will co-host an analyst-led webinar on July 13, 2021 with TU-Automotive. Titled Smartphones: Dangerous Distraction or Driver Safety Companion?, the webinar will break down the findings and provide insights from Smith Micro’s …

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Netsmart Expands Predictive Analytics Solution Offerings with Acquisition of SimpleLTC

OVERLAND PARK, Kan.–(BUSINESS WIRE)–Today, Netsmart announced it has acquired Texas-based data analytics company SimpleLTC from Briggs Healthcare. The SimpleLTC solutions will expand the Netsmart CareFabric® platform in the areas of predictive analytics, regulatory compliance, reimbursement optimization and quality measurement while increasing the efficiency of submission of required data to health plans, Medicaid and Medicare. SimpleLTC …

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Vivint Issues Statement on ADT Patent Infringement Lawsuit

PROVO, Utah–(BUSINESS WIRE)–On June 29, 2021, ADT filed a complaint against Vivint, a leading smart home company, in the U.S. District Court for the Western District of Texas and a companion case with the U.S. International Trade Commission claiming that Vivint infringed two ADT patents. Vivint believes the claims asserted are completely without merit and …

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