Asset Sales - Spark Newswire

1 minute read

Paramount Eyes Majority Stake Sale In BET Media Group, Courts Interest From Byron Allen, Tyler Perry

Today, 3:38 AM

Paramount Global (NASDAQ: PARA) is weighing the possible sale of a majority stake in BET Media Group, which includes the BET cable network, BET Studios, and VH1.

PARA

1 minute read

KKR Reports Sale Of Four Class A Self-Storage Properties Totaling 2,897 Units For ~$80M

By Benzinga Newsdesk

Today, 3:38 AM

Two of the properties are located in Austin, TX and the other two are located in Phoenix, AZ and Riverside, CA. The properties were owned by KKR's Americas opportunistic equity real estate fund, KKR Real Estate

KKR

2 minute read

Autonomous Trucking Company Embark Gives In To Industry Challenges; Cuts Jobs; Weighs Liquidation

By Anusuya Lahiri

Today, 3:38 AM

On March 1, 2023, Embark Technology, Inc (NASDAQ: EMBK) board approved a reduction in its current workforce by approximately 230 employees.

EMBK

1 minute read

Johnson Outdoors Agrees To Sell Eureka! Military And Commercial Tents Product Lines Of Its Camping Business Segment To Rekord Group

By Benzinga Newsdesk

Today, 3:38 AM

Rekord Group will buy the military and commercial tents product lines, and a facility in Binghamton, New York, for an estimated $13.7 million, subject to certain potential customary purchase price adjustments

JOUT

2 minute read

Lucy Scientific Discovery Announces First Commercial Sale Of Psilocybin Following Initial Delivery Of DMT And 5-MeO-DMT To Hadassah BrainLabs

By Happy Mohamed

Today, 3:38 AM

Lucy Scientific Discovery Inc. ("Lucy" or the "Company") (NASDAQ:LSDI), an early-stage manufacturing company that is focused on becoming the premier research, development, and manufacturing

LSDI

1 minute read

Brady Corporation Earlier Announced It Entered Into An Agreement To Sell Its Premisys Software And Hardware Assets To SGI Matrix For Approximately $8M At Closing, Plus $1M To Be Paid On Twelve- Month Anniversary Of Closing

By Charles Gross

Today, 3:38 AM

On February 27, 2023, Brady Corporation (the "Company") entered into an agreement to sell its PremiSys® software and hardware assets to SGI Matrix, LLC, an affiliate of ACRE Operating Group, LLC, for approximately $8 million to be paid at time of closing, with an additional $1 million to be paid as deferred purchase price on the twelve-month anniversary of the closing.On February 27, 2023, Brady C

BRC

1 minute read

Why CoStar Group Stock Is Plunging Today

By Anusuya Lahiri

Today, 3:38 AM

News Corp (NASDAQ:NWS) (NASDAQ:NWSA) abandoned discussions with CoStar Group, Inc (NASDAQ:CSGP) regarding a potential sale of Move, Inc, operator of Realtor.com. News Corp will…

CSGP

1 minute read

News Corp Confirmed That It Is No Longer Engaged In Discussions With Costar Group, Inc. Regarding A Potential Sale Of Move, Inc

By Bill Haddad

Today, 3:38 AM

News Corp today confirmed that it is no longer engaged in discussions with CoStar Group, Inc. (NASDAQ:CSGP) regarding a potential sale of Move, Inc, operator of Realtor.com®.

CSGP

1 minute read

Mgm Resorts International Announces Completion Of The Sale Of The Operations Of Gold Strike Tunica To CNE Gaming Holdings, A Subsidiary Of Cherokee Nation Businesses, For $450M In Cash

By Happy Mohamed

Today, 3:38 AM

MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today announced it has closed on the sale of the operations of Gold Strike Tunica ("Gold Strike") to CNE Gaming

MGM

1 minute read

Emergent BioSolutions To Sell Travel Health Business to Bavarian Nordic for Up To $380M

By Benzinga Newsdesk

Today, 3:38 AM

Emergent BioSolutions (NYSE:EBS) today announced that it has entered into an agreement to sell its travel health business to Bavarian Nordic (BVNRY) for a total value of up to $380 million, including potential

EBS