UMB Financial Corporation

ACA Group Announces Agreement to Acquire UMB Distribution Services, LLC

Retrieved on: 
Giovedì, Maggio 30, 2024
Consulting, Legal, Professional Services, Finance, GRC, Negotiation, ACA, Risk, ETF, UMB, UMBF, UMB Financial Corporation, Acquisition, Retail

ACA Group (ACA), the leading provider of governance, risk, and compliance (GRC) solutions to clients in the financial services industry, today announced its intent to acquire the broker-dealer distribution business from UMB Fund Services, a subsidiary of UMB Financial Corporation (Nasdaq: UMBF) (UMB).

Key Points: 
  • ACA Group (ACA), the leading provider of governance, risk, and compliance (GRC) solutions to clients in the financial services industry, today announced its intent to acquire the broker-dealer distribution business from UMB Fund Services, a subsidiary of UMB Financial Corporation (Nasdaq: UMBF) (UMB).
  • ACA’s distribution division, ACA Foreside, is the industry’s largest third-party distributor by number of funds, currently distributing and servicing $2 trillion in assets across hundreds of fund families.
  • The lift out of UMB’s distribution business expands ACA Foreside’s internal distribution team, co-led by Teresa Cowan and Chris Lanza, and will include the addition of asset management clients with mutual fund, exchange-traded fund (ETF), and closed-end fund products.
  • The transaction will introduce over $48 billion in client assets to ACA and allow current UMB clients the ability to leverage ACA’s expansive advisory support and industry-leading technology.

Mohr Logistics Park signs 1 million square foot lease with Cummins Inc.

Retrieved on: 
Giovedì, Maggio 9, 2024
CBRE, Tenant, UMB Financial Corporation, Collier, CMI, IBM Power Systems, Workforce, Trade, DHL, NFI, Turn, Warehouse

WHITELAND, Ind., May 9, 2024 /PRNewswire/ -- Mohr Capital has secured a lease for more than 1 million square feet at Mohr Logistics Park with Cummins Inc (NYSE: CMI). This is the fifth major lease for the award-winning Class A industrial park, further solidifying Mohr Logistics Park's status as a blue-chip industrial park.

Key Points: 
  • WHITELAND, Ind., May 9, 2024 /PRNewswire/ -- Mohr Capital has secured a lease for more than 1 million square feet at Mohr Logistics Park with Cummins Inc (NYSE: CMI).
  • This is the fifth major lease for the award-winning Class A industrial park, further solidifying Mohr Logistics Park's status as a blue-chip industrial park.
  • Cummins' new long-term lease is for 1,057,350 square feet in Building 6 at Mohr Logistics Park.
  • "Mohr Logistics Park is very proud to have Cummins bring one of their largest global facilities to Mohr Logistics Park.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DCPH, HTLF, DPSI, UNIT

Retrieved on: 
Sabato, Maggio 4, 2024
Sale, Advertising, UMB Financial Corporation, Ono Pharmaceutical, UNIT, UMB, Elliott Investment Management, Windstream Holdings, Fraud, Security (finance)

If you are a Deciphera shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Deciphera shareholder, click here to learn more about your rights and options .
  • DecisionPoint Systems, Inc. (NYSE: DPSI)’s sale to an affiliate of Barcoding Holdings, LLC for $10.22 in cash per share.
  • Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

HEARTLAND FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Heartland Financial, USA Inc. - HTLF

Retrieved on: 
Mercoledì, Maggio 1, 2024
Class Action Lawsuit, Professional Services, Legal, Sale, UMBF, KSF, UMB, UMB Financial Corporation

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Heartland Financial, USA Inc. (NasdaqGS: HTLF) to UMB Financial Corporation (NasdaqGS: UMBF).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Heartland Financial, USA Inc. (NasdaqGS: HTLF) to UMB Financial Corporation (NasdaqGS: UMBF).
  • Under the terms of the proposed transaction, shareholders of Heartland will receive 0.55 shares of UMB for each share of Heartland that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

UMBF Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of UMB Financial Corporation Is Fair to Shareholders

Retrieved on: 
Lunedì, Aprile 29, 2024
Class Action Lawsuit, Professional Services, Legal, Advertising, UMBF, UMB, UMB Financial Corporation, Fraud

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of UMB Financial Corporation (NASDAQ: UMBF) and Heartland Financial, USA Inc. is fair to UMB shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of UMB Financial Corporation (NASDAQ: UMBF) and Heartland Financial, USA Inc. is fair to UMB shareholders.
  • The investigation concerns whether UMB and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for UMB shareholders; and (2) disclose all material information necessary for UMB shareholders to adequately assess and value the merger consideration.
  • On behalf of UMB shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

HTLF Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Heartland Financial, USA Inc. Is Fair to Shareholders

Retrieved on: 
Lunedì, Aprile 29, 2024
Legal, Professional Services, Advertising, Sale, UMB, UMB Financial Corporation, Fraud

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Heartland Financial, USA Inc. (NASDAQ: HTLF) to UMB Financial Corporation for 0.55 shares of UMB common stock for each share of Heartland common stock is fair to Heartland shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Heartland Financial, USA Inc. (NASDAQ: HTLF) to UMB Financial Corporation for 0.55 shares of UMB common stock for each share of Heartland common stock is fair to Heartland shareholders.
  • Upon completion of the proposed transaction, former Heartland stockholders are expected to collectively represent approximately 31% of the combined company.
  • On behalf of Heartland shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

UMB Announces Agreement to Acquire Heartland Financial

Retrieved on: 
Lunedì, Aprile 29, 2024
Banking, Professional Services, Finance, UMBF, Small business, Investment, UMB Financial Corporation, First Bank, Bank, Acquisition, Keefe, Bruyette & Woods, Multimedia, BofA Securities, ATM, UMB, First Bank & Trust, Interest, Financial services

UMB Financial Corporation (Nasdaq: UMBF) and Heartland Financial, USA Inc. (Nasdaq: HTLF) announced today that they have entered into a definitive merger agreement under which UMB Financial Corporation (UMB) will acquire Heartland Financial USA, Inc. (HTLF), in an all-stock transaction valued at approximately $2.0 billion.

Key Points: 
  • UMB Financial Corporation (Nasdaq: UMBF) and Heartland Financial, USA Inc. (Nasdaq: HTLF) announced today that they have entered into a definitive merger agreement under which UMB Financial Corporation (UMB) will acquire Heartland Financial USA, Inc. (HTLF), in an all-stock transaction valued at approximately $2.0 billion.
  • “This is a historic and exciting milestone for our company,” said UMB Financial Corporation Chairman and CEO Mariner Kemper.
  • Interested parties may access the call by dialing (toll-free) 833-470-1428 or (international) 404-975-4839 and requesting to join the UMB Financial call with access code 397231.
  • BofA Securities, Inc. is serving as financial advisor to UMB and Davis Polk and Wardwell LLP is serving as UMB’s legal advisor.

UMB Financial Corporation Announces Pricing of an Underwritten Offering of 2,800,000 Shares of Common Stock

Retrieved on: 
Lunedì, Aprile 29, 2024
Banking, Professional Services, Finance, Bank of America, UMBF, Sale, Prospectus, RBC Capital Markets, UMB Financial Corporation, Vesey Street, Security (finance), Nicollet Mall, Form, Exercise, Varick Street, Morgan Stanley, 2nd Floor, Wellington Management Company, BofA Securities, S-3, UMB, Attention, Telephone

The underwriters have been granted the option to purchase up to an additional 420,000 shares of UMB’s common stock.

Key Points: 
  • The underwriters have been granted the option to purchase up to an additional 420,000 shares of UMB’s common stock.
  • Such borrowed shares of UMB’s common stock will be delivered by BofA Securities (in such capacity, the “forward seller”) for sale to the underwriters in the offering.
  • UMB will not receive any proceeds from the sale of the shares of its common stock sold by the forward seller to the underwriters.
  • The offering of these securities may be made only by means of a prospectus supplement and accompanying base prospectus relating to this offering.

UMB Announces Conference Call to Discuss First Quarter 2024 Results

Retrieved on: 
Mercoledì, Aprile 17, 2024
Banking, Professional Services, Finance, UMBF, UMB, UMB Financial Corporation, Interest

UMB Financial Corporation (Nasdaq: UMBF), a financial services company, will release earnings results for the first quarter 2024 after market hours on Tuesday, April 30, 2024.

Key Points: 
  • UMB Financial Corporation (Nasdaq: UMBF), a financial services company, will release earnings results for the first quarter 2024 after market hours on Tuesday, April 30, 2024.
  • The company plans to host an investor conference call to discuss these results on Wednesday, May 1, at 8:30 a.m. (CT) / 9:30 a.m. (ET).
  • Interested parties may access the call by dialing (toll-free) 833-470-1428 or (international) 404-975-4839 and requesting to join the UMB Financial call with access code 307364.
  • The live call may also be accessed by visiting investorrelations.umb.com or by using the following the link:

IRALOGIX Announces CEO Transition

Retrieved on: 
Mercoledì, Aprile 10, 2024
Professional Services, Finance, Fintech, Asset Management, Banking, Personal Finance, Education, UMB Financial Corporation, Fidelity Investments, IRAS, Retirement, IRA, Investment, Management

IRALOGIX , a leading retirement industry fintech provider, today announced that Dave Bernard stepped down as chief executive officer effective immediately.

Key Points: 
  • IRALOGIX , a leading retirement industry fintech provider, today announced that Dave Bernard stepped down as chief executive officer effective immediately.
  • The board has appointed Peter de Silva as the new CEO of IRALOGIX.
  • de Silva has been an IRALOGIX investor and board member for the past two years.
  • IRALOGIX enables institutional partners to rapidly launch profitable white-label IRA programs that leverage institutionally priced investments as well as professional advice and education.