07:38 AM EDT, 06/24/2024 (MT Newswires) -- Advanced Energy Industries ( AEIS ) said on Monday it had acquired Airity Technologies, a provider of next-generation, high-voltage power conversion products and technologies. The company said the acquisition of California-based Airity would add a portfolio of Gallium Nitride-based high frequency, power conversion, and pulsing technologies, enabling a step function improvement in power...

RXO, Inc. ( RXO ) shares are trading higher after the company inked a definitive agreement to acquire Coyote Logistics from United Parcel Service, Inc. ( UPS ) for $1.025 billion in cash. As per the terms, the transaction disclosed on Sunday will be financed through a combination of equity and debt, including a $300 million equity investment from MFN Partners...

07:35 AM EDT, 06/24/2024 (MT Newswires) -- ANI Pharmaceuticals ( ANIP ) said Monday it has agreed to acquire Alimera Sciences ( ALIM ) in a deal valued at around $381 million. Under the agreement, ANI will pay $5.50 per share in cash at closing and one non-tradable contingent value right worth up to $0.50 per share upon reaching specific...

07:32 AM EDT, 06/24/2024 (MT Newswires) -- G1 Therapeutics ( GTHX ) said on Monday it has winded down the phase 3 study of its experimental drug, trilaciclib, administered before chemotherapy in patients with a type of breast cancer after it failed to show statistically significant treatment effect compared to the control arm. The company will discontinue the anticipated staff...