Soho House & Co Inc. ( SHCO ) shares are trading higher after the company received a $9.00 per share acquisition offer from a new third-party consortium, an 83% premium to the December 18, 2024, closing price. Supported by the company’s Executive Chairman, Ron Burkle and The Yucaipa Companies, the offer follows a strategic review by Yucaipa and its advisors,...

11:55 AM EST, 12/19/2024 (MT Newswires) -- 3M ( MMM ) and US Conec said Thursday that they have signed a licensing deal for 3M Expanded Beam Optical Interconnect technology to meet the requirements of data centers. The collaboration integrates 3M's ( MMM ) advanced optical technology with US Conec's connectivity systems, the companies said. As part of deal, US...

(Reuters) - Boeing ( BA ) said on Thursday Turkish low-cost carrier Pegasus Airlines had placed a firm order for a hundred 737 MAX 10 aircraft, offering a welcome boost for the U.S. planemaker recovering from a crippling worker strike earlier this year. The deal is worth some $5.85 billion after typical industry discounts, according to estimated delivery prices from...

11:53 AM EST, 12/19/2024 (MT Newswires) -- Banzai International ( BNZI ) said Thursday it has completed its previously announced $19.6 million acquisition of digital video creation platform OpenReel. Following this acquisition, Banzai said it now expects to surpass its earlier revenue outlook of $10 million for fiscal year 2024. The merger consideration consisted of 930,558 Class A common shares...