ANDALUSIA, Ala., May 7, 2025 /PRNewswire/ — A landmark in downtown Andalusia is poised for a vibrant new chapter. UB Community Development, LLC (UBCD), the community development arm of United Bank, has announced the closing of permanent financing, including a $10.5 million New Markets Tax Credit (NMTC) allocation for The Andalusian Boutique Hotel in partnership… Continue reading Historic First National Bank Building in Andalusia, AL, to be Revitalized into Boutique Hotel Through New Markets Tax Credit Funding
Tag: M and A
Stellantis to cut up to 200 jobs through voluntary exits at Italy’s Termoli plant
The company has fewer than 40,000 staff in Italy, down from 55,000 in early 2021, when it was created through the merger of Fiat Chrysler and Peugeot maker PSA. Carmaker Stellantis has agreed with trade unions to implement up to 200 voluntary redundancies at its Termoli plant in central Italy, the company said on Thursday.… Continue reading Stellantis to cut up to 200 jobs through voluntary exits at Italy’s Termoli plant
@FCA: NextStar Energy Celebrates Milestone: 8 Million Safe Work Hours
May 8, 2025 , Windsor, Ontario – NextStar Energy is celebrating a major milestone today, marking 8 million safe work hours on construction of the site. The company, along with its construction partner Alberici-Barton Malow (A-BM) commemorated the feat with local trades and employees. Construction of the 4.23 million-square-foot joint venture began in 2022 and proceeded at… Continue reading @FCA: NextStar Energy Celebrates Milestone: 8 Million Safe Work Hours
Broadcom Sends Cease-and-Desist Letters to VMware Perpetual License Holders
Broadcom has been sending cease-and-desist letters to owners of VMware perpetual licenses with expired support contracts, Ars Technica has confirmed. Following its November 2023 acquisition of VMware, Broadcom ended VMware perpetual license sales. Users with perpetual licenses can still use the software they bought, but they are unable to renew support services unless they had… Continue reading Broadcom Sends Cease-and-Desist Letters to VMware Perpetual License Holders
ADAR1 Capital Management Issues Open Letter to Keros Therapeutics Stockholders
Announces Intention to Withhold Votes for Directors Dr. Mary Ann Gray and Dr. Alpna Seth AUSTIN, Texas, May 8, 2025 /PRNewswire/ — ADAR1 Capital Management, LLC (together with its affiliates, “ADAR1”), the largest stockholder of Keros Therapeutics (Nasdaq: KROS) (“Keros” or the “Company”) with approximately 13.3% of the Company’s outstanding shares, today released a public letter… Continue reading ADAR1 Capital Management Issues Open Letter to Keros Therapeutics Stockholders
Scripps National Spelling Bee welcomes 243 spellers for historic 100th anniversary
CINCINNATI, May 8, 2025 /PRNewswire/ — A field of 243 top young spellers will converge on National Harbor, Maryland, from May 27-29 to compete in a historic Scripps National Spelling Bee. This year marks the 100th anniversary of the iconic American competition, which was first held on June 17, 1925, with just nine participants. Continue… Continue reading Scripps National Spelling Bee welcomes 243 spellers for historic 100th anniversary
ASRC Federal and Transportation Security Administration Win 2025 ACT-IAC Innovation Champion Award for Airport Security System
Touchless Identity Solution delivers next-generation identity verification technology enhances passenger experience and national security RESTON, Va., May 8, 2025 /PRNewswire/ — ASRC Federal announced today that it was selected by the American Council for Technology and Industry Advisory Council (ACT-IAC) as a winner of the 2025 ACT-IAC Innovation Champion Awards, together with its Transportation Security Administration (TSA) customer… Continue reading ASRC Federal and Transportation Security Administration Win 2025 ACT-IAC Innovation Champion Award for Airport Security System
Acorn Capital Management Announces Acquisition of Four A330-300 Aircraft Leased to Major Global Airline
OKLAHOMA CITY, May 8, 2025 /PRNewswire/ — Acorn Capital Management announced that Scissortail Aviation International Leasing I Limited (SAIL I Ltd.), an entity managed by Acorn, has successfully completed the acquisition of four Airbus A330-300 aircraft from Altavair L.P. The transaction closed on April 28, 2025. “This represents a significant step forward for Acorn in proving… Continue reading Acorn Capital Management Announces Acquisition of Four A330-300 Aircraft Leased to Major Global Airline
Unlikely Collaborators Awards Grant to WholeSchool Mindfulness to Expand Mindfulness in Education
LOS ANGELES, May 8, 2025 /PRNewswire/ — WholeSchool Mindfulness, a nonprofit dedicated to making mindfulness an integral part of our education system, has received a grant from Unlikely Collaborators to support launching Mindfulness Directors at a high school and University. This initiative marks a significant step in expanding mindfulness practices in schools, fostering well-being, resilience,… Continue reading Unlikely Collaborators Awards Grant to WholeSchool Mindfulness to Expand Mindfulness in Education
Expedient Awarded Americas Service Provider of the Year at Nutanix’s .NEXT Event
Nutanix recognizes Expedient for delivering world-class Nutanix private cloud, disaster recovery, and edge computing solutions, along with a spectrum of cloud and managed services that empower businesses. WASHINGTON, May 8, 2025 /PRNewswire/ — Expedient announced today during Nutanix’s .NEXT conference that it has been awarded the Americas Service Provider Partner of the Year Award. Expedient was… Continue reading Expedient Awarded Americas Service Provider of the Year at Nutanix’s .NEXT Event