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National Holdings Corp. (NHLD) announced that B. Riley Financial, Inc. (RILY), through a wholly owned subsidiary, has entered into an agreement to acquire Fortress Biotech, Inc.'s (FBIO) majority stake in National. B. Riley has purchased 24 percent of National Holdings' outstanding shares at $3.25 per...

Black Knight Inc. (BKI) said Monday that its Board of Directors has approved a $375 million investment in Dun & Bradstreet Corp. (DNB), a provider of commercial data, analytics and insights for businesses. Black Knight will join an investment consortium led by private investment firm CC Capital,...

NextEra Energy Transmission, LLC, a subsidiary of NextEra Energy, Inc. (NEE), announced it has entered into definitive agreements with SteelRiver Infrastructure Fund North America and its partners to acquire Trans Bay Cable, LLC (TBC) for approximately $1 billion, including the assumption of debt. The...

Babcock & Wilcox Enterprises, Inc. (BW) announced that Kenny Young has been appointed Chief Executive Officer, effective immediately. Leslie Kass, CEO since February 2018, is leaving B&W to pursue other opportunities. Kenny Young currently serves as President of B. Riley Financial, Inc. B&W also...

German drugmaker Merck KGaA (MKGAY.PK) and Pfizer Inc. (PFE) said Monday that the Phase III JAVELIN Ovarian 200 trial evaluating avelumab alone or in combination with pegylated liposomal doxorubicin or PLD, a type of chemotherapy, compared with PLD did not meet the prespecified primary endpoints of overall...

Nissan Motor Co Ltd. (NSANF.PK, NSANY.PK) announced its CEO will propose to the company's Board to promptly remove Carlos Ghosn from his positions as Chairman and Representative Director. An internal investigation has showed that over many years Ghosn has been reporting compensation amounts in the Tokyo...

Target Corp. (TGT) on Monday unveiled its plans for Cyber Week, beginning Sunday, November 25, with offers across Target.com, including the retailer's lowest prices of the season on items in toys, home, kitchen appliances, and more. On Cyber Monday, November 26, Target will bring back its wildly...

Global investment firm KKR & Co. L.P. (KKR) said Monday that it has agreed to acquire GeoStabilization International, a provider of geotechnical maintenance services for critical infrastructure across the U.S. and Canada, from Vancouver-based private equity firm CAI Capital Partners. This transaction...

Colfax Corp. (CFX) announced a definitive agreement to acquire DJO Global Inc. from private equity funds managed by Blackstone for $3.15 billion in cash. DJO is a global provider of orthopedic solutions, providing orthopedic devices, software and services. Colfax expects the transaction to deliver adjusted...

Cimarex Energy Co. (XEC) has agreed to acquire Resolute Energy Corp. (REN) in a cash and stock transaction valued at $35.00 per share, the two companies said Monday. The total purchase price is about $1.6 billion, including Resolute's long term debt of $710 million, as of September 30, 2018. The transaction...

QEP Resources, Inc. (QEP) announced its subsidiaries, QEP Energy Company, QEP Marketing Company, and QEP Oil & Gas Company, have entered into a definitive agreement to sell natural gas and oil producing properties, undeveloped acreage and associated gas gathering and treating systems in the Haynesville/Cotton...

Deutsche Bank (DB) announced a public tender offer with a target acceptance volume of 1.0 billion euros of Euro-denominated senior non-preferred securities. The company said the transaction is designed to help the bank optimise its future interest payments and maturity structure by taking advantage of...

Steinhoff International Holdings N.V. confirmed that it intends to launch shortly: a company voluntary arrangement in relation to Steinhoff Europe AG; and a consent solicitation process in respect of Steinhoff Finance Holding GmbH issued convertible bonds. The company confirmed that the Chapter 11 plan...

BHP Billiton PLC (BHP.AX, BLT.L, BBL, BHP) announced that it has reached an agreement with the Australian Taxation Office (ATO) to settle the transfer pricing dispute relating to its marketing operations in Singapore. As part of the settlement, BHP will pay a total of approximately A$529 million in additional...

Zayo Group Holdings Inc. (ZAYO), a provider of bandwidth infrastructure services, has received takeover interest from a group of investors including funds managed by Blackstone Group LP and Stonepeak Partners LP, Bloomberg reported citing people familiar with the matter. Funds managed by KKR & Co.,...

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