News

Pluribus Technologies and its various subsidiaries have been granted an order from the Ontario Superior Court of Justice under the Companies’ Creditors Arrangement Act (CCAA) in order to restructure its business and financial affairs.

Biz2Credit unveiled its Small Business Earnings Report, which examines revenue growth (monthly and year-over-year average), expenses and estimated earnings and profitability (measuring how much profit businesses are earning) of small businesses.

Berkshire Hills Bancorp and Brookline Bancorp entered into a definitive agreement pursuant to which Brookline will merge with and into Berkshire in an all-stock transaction valued at approximately $1.1 billion.

From views on the asset-based lending market and the value of intellectual property to the state of Silicon Valley Bank post-acquisition and the SBA’s Working Capital Pilot Program, these are the top 10 articles posted on ABF Journal through 2024.

MetLife Investment Management, the institutional asset management business of MetLife, reached a definitive agreement to acquire PineBridge Investments, a global asset manager with approximately $100 billion in assets under management, from the Pacific Century Group.

Northwest Bancshares and Penns Woods Bancorp entered into a definitive agreement and plan of merger whereby Northwest will acquire Penns Woods in an all-stock transaction valued at approximately $270.4 million.

Varex Imaging closed its private offering of $125 million aggregate principal amount of 7.875% senior secured notes due 2027 at an offering price of 101.5% of the principal amount thereof, plus accrued interest from and including Oct. 15, 2024.

Springs Window Fashions entered into a new first-out term loan facility and revolving credit facility, a new second-out term loan facility and a new second lien notes instrument. Latham & Watkins represented the administrative agent and the revolving credit facility...

Shareholders of First Busey, the holding company of Busey Bank, and CrossFirst Bankshares, the holding company of CrossFirst Bank, have each voted to adopt and approve all proposals relating to the previously announced merger in which First Busey will acquire...

Matrix Capital Markets Group provided merger and acquisition advisory services to Atlantic States Lubricants in connection with the sale of certain of its assets to Moove.