08:41 AM EDT, 09/16/2024 (MT Newswires) -- Sterling Bancorp ( SBT ) said Monday it has agreed to sell Sterling Bank and Trust to EverBank Financial for $261 million in cash. As a condition for the agreement, trustees for family trusts that own about 38% of Sterling Bancorp's ( SBT ) outstanding common stock agreed to vote in favor of...

08:38 AM EDT, 09/16/2024 (MT Newswires) -- CACI International ( CACI ) said Monday that it has agreed to acquire Azure Summit Technology in an all-cash deal valued at $1.28 billion. CACI ( CACI ) said it expects to realize a tax benefit of $194 million over the next 15 years as a result of the acquisition, with the effective...

SAO PAULO, Sept 16 (Reuters) - Boeing ( BA ) will pay Embraer ( ERJ ) a gross amount of $150 million over its decision to walk away from talks for a commercial aviation tie-up in 2020, the Brazilian planemaker said on Monday. The deal marks the completion of a lengthy arbitration process that begun after the U.S. company aborted...

08:43 AM EDT, 09/16/2024 (MT Newswires) -- Upstart Holdings ( UPST ) said Monday it plans to offer $300 million in convertible senior notes due 2029 through a private placement. Initial buyers would likely have an option to purchase up to an additional $45 million, the company said. Certain net proceeds would likely be used to repurchase some of the...