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Realty Income Corporation - The Monthly Dividend Company. (PRNewsFoto/Realty Income Corporation)
VEREIT is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S. (PRNewsfoto/VEREIT, Inc.)
SAN DIEGO and PHOENIX, April 29, 2021 /PRNewswire/ Realty Income Corporation (NYSE: O) ( Realty Income ), The Monthly Dividend Company
®, and VEREIT, Inc. (NYSE: VER) ( VEREIT ) today announced that the two companies have entered into a definitive merger agreement by which Realty Income will acquire VEREIT in an all-stock transaction, creating a combined company with an enterprise value of approximately $50 billion. Under the terms of the agreement, VEREIT shareholders will receive 0.705 shares of Realty Income stock for every share of VEREIT stock they own.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Findus Venture and Spire Global sign second partnership agreement to enhance monitoring of .
Spire Global Inc.April 20, 2021 GMT
ADLER-2 will launch in Q4 2022 and will monitor orbital debris in low earth orbit
Satellite will help increase debris detection and number of observations logged
It will also carry a remote sensing payload to study clouds and aerosols in the atmosphere
SAN FRANCISCO and RESTON, Va., April 20, 2021 (GLOBE NEWSWIRE) Findus Venture GMBH (“Findus Venture”), an Austrian investor in new space technology, and Spire Global, Inc. (“Spire” or the “Company”), a leading provider of space-based data, analytics and space services, have today announced their collaboration to launch the ADLER-2 satellite in Q4 2022, in a bid to tackle the growing problem of space debris.
[April 13, 2021]
Grab, the Leading Superapp for Deliveries, Mobility and Financial Services in Southeast Asia1, Plans to Go Public in Partnership with Altimeter
Grab Holdings Inc. ( Grab ), Southeast Asia s leading superapp
1, today announced it intends to go public in the U.S. in partnership with Altimeter Growth Corp. (Nasdaq: AGC ) in what is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. The combined company expects its securities will be traded on NASDAQ under the symbol GRAB in the coming months.
The proposed transactions value Grab at an initial pro-forma equity value of approximately US$39.6 billion at a PIPE size of more than US$4.0 billion and will provide Grab with approximately US$4.5 billion in cash proceeds. Grab is a superapp dedicated to serving everyday needs and everyday entrepreneurs. It offers services across mobility, deliveries, financial services and more, in an all-in-one app.
IN THIS ISSUE
New York Federal Court Dismisses Securities Fraud Claims Against Alkermes for Lack of Fraudulent Intent; Fourth Circuit Affirms District Court’s Denial of Leave to File Amended Complaint Against Triangle Capital as Futile; Federal Judge Rules that Weil Must Turn Over Certain Work Product Related to Walgreens-Rite Aid Failed Merger; Delaware Supreme Court Issues Landmark Decision in D&O Insurance Case.
On February 26, 2021, in
In re Alkermes Public Limited Company Securities Litigation, Judge LaShann Dearcy Hall of the United States District Court for the Eastern District of New York dismissed a putative securities class action lawsuit filed by stockholders of Alkermes PLC. In dismissing the case, the court held that plaintiff failed to adequately allege that Alkermes, or its directors, acted with fraudulent intent with respect to any public statements made regarding clinical trials of ALKS 5461, an opioid combination product originally intended to treat Major
Guides 7-9% Revenue Growth in 2021
FOURTH QUARTER & 2020 HIGHLIGHTS:
Revenue of $328.2 million in the fourth quarter versus $382.0 million in the prior year period, a decline of 14.1%; and $1.20 billion in 2020 versus $1.42 billion in the prior year, a decline of 15.3%.
Sequential revenue growth of 15.8% from the third quarter of 2020.
Organic revenue declined 13.7% in the fourth quarter and 13.9% in 2020.
Net loss attributable to MDC Partners Inc. common shareholders was $243.2 million (inclusive of principally non-cash impairment and other charges of $96.4 million and a $130 million non-cash income tax valuation allowance) in 2020 versus a net loss of $17.6 million in the prior year.
Adjusted EBITDA of $177.3 million in 2020 versus $174.2 million in the prior year, an increase of 1.8%. Adjusted EBITDA Margin of 14.8% in 2020, increasing 250 basis points from 12.3% in the prior year.