As
the U.S. restaurant industry continues to surge, FAT brands announced its $30 million acquisition of Smokey Bones
Barbecue. The all-cash stock purchase will be funded by FAT’s existing securitization
facilities.
“As
we...
U.S. M&A activity rebounded in Q3 even while international dealmaking slumped. U.S. activity surged by 35% compared to the same period 2022, when M&A was tanking. As Melissa Sawyer,...
In a major
turnaround for Hostess, J. M. Smucker Co. announced
it will acquire the maker of Twinkies in a deal valued at $5.6 billion. Smuckers has used the
catchphrase “With a...
As air travel rebounds from
pandemic lows, ScanTechIdentification Beam Systems, LLC announced
that it will be going
public via a SPAC deal with Metro-Atlanta,
Georgia, and Mars Acquisition Corp. The transactions values
ScanTech at $150 million...
American Gene Technologies International announced that it is
spinning off it’s HIV-focused gene therapy company Addimmune in a SPAC deal that
values the enterprise at $500 million. Addimmune will be
publicly traded...
As electric vehicle adoption accelerates worldwide, Wolfspeed announced it will divest its radio frequency business to MACOM Technology Solutions Holdings for $75 million in order pave the way for...
