Trinity College has received a $10 million donation for need-based scholarships from alumnus and former state treasurer Francisco L. Borges and his siblings, who themselves relied on financial aid to become first-generation college graduates.
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Ares Management to Acquire Landmark Partners for $1.08B
April 01, 2021, 08:05 AM
Ares Management Corporation announced that a subsidiary of Ares has entered into a definitive agreement with a subsidiary of BrightSphere Investment Group Inc. and Landmark Investment Holdings LP to acquire 100% of Landmark Partners, LLC, one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry. The transaction is valued at $1.08 billion, including approximately $787 million in cash and approximately $293 million in Ares Operating Group Units, in each case subject to certain adjustments.
Danavation Technologies Corp. Announces Completion of Reverse Takeover Transaction
Company ) and Danavation Technologies Inc. (
Danavation ) are pleased to announce the completion of the Company s previously announced reverse takeover transaction (the
Transaction ) pursuant to which the Company acquired all of the issued and outstanding common shares of Danavation in exchange for shares of the Company, as further detailed below. The Company will now carry on the business of Danavation, a leading provider of micro e-paper displays in North America.
The Transaction
The Transaction was carried out in accordance with the terms and conditions of a share exchange agreement (the
Share Exchange Agreement ) dated March 30, 2020, as amended, between the Company, Danavation and the shareholders of Danavation (the