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Wayne Savings Bancshares, Inc. and Main Street Financial Services Corp. Complete Merger

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星期五, 五月 31, 2024

WOOSTER, Ohio and WHEELING, W.Va., May 31, 2024 (GLOBE NEWSWIRE) -- Wayne Savings Bancshares, Inc. (OTCQX: WAYN) ("Wayne"), the holding company of Wayne Savings Community Bank (“Wayne Savings”) and Main Street Financial Services Corp. (OTCPK: MSWV) ("Main Street"), the holding company of Main Street Bank Corp. (“Main Street Bank”), jointly announced today the closing of their previously announced merger.

Key Points: 
  • WOOSTER, Ohio and WHEELING, W.Va., May 31, 2024 (GLOBE NEWSWIRE) -- Wayne Savings Bancshares, Inc. (OTCQX: WAYN) ("Wayne"), the holding company of Wayne Savings Community Bank (“Wayne Savings”) and Main Street Financial Services Corp. (OTCPK: MSWV) ("Main Street"), the holding company of Main Street Bank Corp. (“Main Street Bank”), jointly announced today the closing of their previously announced merger.
  • Main Street Bank will initially operate under both the Wayne Savings and Main Street Bank brands, and customers should continue to conduct business through their respective Wayne Savings and Main Street branches and websites.
  • Piper Sandler & Co. acted as financial advisor to Wayne and delivered a fairness opinion to the Board of Directors of Wayne.
  • Raymond James & Associates acted as financial advisor to Main Street in the transaction and delivered a fairness opinion to its Board of Directors.

Sotera Health Announces Closing of $1.5 Billion Term Loan B and $750 Million Senior Secured Note Financings

Retrieved on: 
星期四, 五月 30, 2024

The Company used the net proceeds from the Financings, along with cash on hand, to refinance its existing $1.76 billion Term Loan B and $496.3 million Term Loan B facilities.

Key Points: 
  • The Company used the net proceeds from the Financings, along with cash on hand, to refinance its existing $1.76 billion Term Loan B and $496.3 million Term Loan B facilities.
  • The TLB is required to be paid down at 1.00% of the aggregate principal amount ($15.1 million) per year, with the balance due in 2031.
  • The covenants applicable to the TLB are substantially the same as those in the Company’s existing First Lien Credit Agreement.
  • The Notes will be guaranteed by the Company and each of the other entities that guarantees the existing First Lien Credit Agreement.

IndyCar Driver Marcus Armstrong to Represent Root Insurance at Detroit Grand Prix

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星期四, 五月 30, 2024

COLUMBUS, Ohio, May 30, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, is proud to have Marcus Armstrong, the 2023 NTT INDYCAR SERIES Rookie of the Year, representing Root at the Detroit Grand Prix race this weekend, May 31 - June 2.

Key Points: 
  • COLUMBUS, Ohio, May 30, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, is proud to have Marcus Armstrong, the 2023 NTT INDYCAR SERIES Rookie of the Year, representing Root at the Detroit Grand Prix race this weekend, May 31 - June 2.
  • The eye-catching livery will stand out on the track as Armstrong takes on the Streets of Detroit.
  • We can't wait to see what the rest of the season holds for Marcus and the Root team."
  • As Armstrong gears up for the next round of races, Root invites fans to join them in cheering on this talented driver as he continues to make his mark on the world of Indycar racing.

ScottsMiracle-Gro Poised to Advance Cannabis Strategy in New York, Florida and other states

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星期四, 五月 30, 2024

“The combination of these two companies is a transformative step in the strategy we initiated in 2021 when we first invested in RIV Capital,” said Jim Hagedorn, chairman, CEO and president of ScottsMiracle-Gro.

Key Points: 
  • “The combination of these two companies is a transformative step in the strategy we initiated in 2021 when we first invested in RIV Capital,” said Jim Hagedorn, chairman, CEO and president of ScottsMiracle-Gro.
  • “Despite delays with adult-use implementation in New York, RIV Capital has become a legitimate player in the state’s medical and recreational cannabis market.
  • Cansortium, meanwhile, is a proven operator with licenses in Florida, Texas, Pennsylvania and Alabama.
  • Through its subsidiary, The Hawthorne Collective, ScottsMiracle-Gro previously invested $175 million in unsecured convertible notes in RIV Capital.

FERRETTI GROUP & FLEXJET ANNOUNCE STRATEGIC PARTNERSHIP

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星期四, 五月 30, 2024

Venice, Italy, May 30, 2024 (GLOBE NEWSWIRE) -- In an agreement that connects the pinnacle of luxury from sea to sky, Ferretti Group and Flexjet have announced a contractual partnership.

Key Points: 
  • Venice, Italy, May 30, 2024 (GLOBE NEWSWIRE) -- In an agreement that connects the pinnacle of luxury from sea to sky, Ferretti Group and Flexjet have announced a contractual partnership.
  • The partnership between the two world-leading luxury brands will provide combined, exclusive solutions to their audience of global Ultra-High Net Worth Individuals (UHNWIs).
  • Alberto Galassi, Ferretti Group CEO, said: “People who love cruising on Ferretti Group yachts expect standards of absolute excellence when they fly too, which is why I’m so pleased to associate our name with Flexjet, a partner that shares our same passion and desire to offer customers an increasingly rewarding experience.
  • In Europe, Flexjet offers shared ownership of its premium fleet of business jets, including the Embraer Praetor 600 and Gulfstream G650.

Bread Financial™ to Participate in the TD Cowen Financial Services & Fintech Summit

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星期四, 五月 30, 2024

COLUMBUS, Ohio, May 30, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today announced the company’s participation in the TD Cowen Financial Services & Fintech Summit on Friday, June 7.

Key Points: 
  • COLUMBUS, Ohio, May 30, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today announced the company’s participation in the TD Cowen Financial Services & Fintech Summit on Friday, June 7.
  • Bread Financial EVP and Chief Financial Officer Perry Beberman will participate in a fireside chat.
  • The fireside chat can also be accessed through Bread Financial’s investor relations website.
  • A replay of the webcast will be available for 90 days following the event.

Boyd Watterson & Amber Infrastructure Jointly Announce Strategic Transaction

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星期四, 五月 30, 2024

Boyd Watterson Asset Management, LLC (“Boyd Watterson”) ( www.boydwatterson.com ) and Amber Infrastructure Group Holdings Limited (“Amber”) ( www.amberinfrastructure.com ) jointly announced that the businesses will come together under a common parent company to create a global diversified Real Estate, Infrastructure, and Fixed Income asset management platform (the “Company”).

Key Points: 
  • Boyd Watterson Asset Management, LLC (“Boyd Watterson”) ( www.boydwatterson.com ) and Amber Infrastructure Group Holdings Limited (“Amber”) ( www.amberinfrastructure.com ) jointly announced that the businesses will come together under a common parent company to create a global diversified Real Estate, Infrastructure, and Fixed Income asset management platform (the “Company”).
  • While the financial terms of the transaction have not been disclosed, the Company’s shareholders upon closing will be comprised of the existing shareholders in Boyd Watterson and Amber.
  • “With the combination of Amber Infrastructure Group, we are broadening our scope and opening up exciting new investment opportunities for our clients,” said Brian Gevry, CEO of Boyd Watterson.
  • “We are very excited about integrating with Boyd Watterson and the long-term investment outlook this alignment brings to our customers,” said Tait.

Yogi Bear’s Jellystone Park Zion Utah Opens with a Splash

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星期三, 五月 29, 2024

Discovery Global Themed Entertainment has announced that Yogi Bear’s Jellystone Park Camp-Resort Zion welcomed its first families on May 24.

Key Points: 
  • Discovery Global Themed Entertainment has announced that Yogi Bear’s Jellystone Park Camp-Resort Zion welcomed its first families on May 24.
  • Located 30 minutes from Zion National Park, it is also close to the popular Sand Hollow State Park.
  • The Jellystone Park Zion activities team has created a full calendar of themed weekends, which are an extremely popular part of the Jellystone Park experience.
  • With so many Americans considering their pets to be part of their families, Jellystone Park Zion offers pet-friendly accommodations and a dog agility course.

Worthington Enterprises Announces Planned Acquisition of Hexagon Ragasco and Sustainable Energy Solutions Joint Venture with Hexagon Composites

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星期三, 五月 29, 2024

One agreement is to acquire 100 percent of Hexagon Ragasco and a second agreement is to sell 49 percent of Worthington’s Sustainability Energy Solutions (SES) business segment to Hexagon Composites forming a joint venture with the company.

Key Points: 
  • One agreement is to acquire 100 percent of Hexagon Ragasco and a second agreement is to sell 49 percent of Worthington’s Sustainability Energy Solutions (SES) business segment to Hexagon Composites forming a joint venture with the company.
  • The formation of the joint venture was completed today, and the acquisition of Hexagon Ragasco is expected to close on or around June 3, 2024.
  • Hexagon Ragasco will become part of the Building Products segment at Worthington Enterprises that delivers products and solutions for heating, cooling, construction and water applications worldwide.
  • “Hexagon Ragasco is one of the pioneers of the composite cylinder,” said Jimmy Bowes, president, Building Products, Worthington Enterprises .

Phillips Edison & Company to Present at Nareit REITweek 2024 Investor Conference

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星期三, 五月 29, 2024

CINCINNATI, May 29, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation’s largest owners and operators of grocery-anchored neighborhood shopping centers, today announced that Jeff Edison, Chairman and Chief Executive Officer will present at Nareit REITweek on Wednesday, June 5, 2024 at 3:30 p.m. Eastern Time.

Key Points: 
  • CINCINNATI, May 29, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation’s largest owners and operators of grocery-anchored neighborhood shopping centers, today announced that Jeff Edison, Chairman and Chief Executive Officer will present at Nareit REITweek on Wednesday, June 5, 2024 at 3:30 p.m. Eastern Time.
  • A webcast replay will be available approximately one hour after the conclusion of the presentation using the same link.