Smartsheet Inc. ( SMAR ) shares are trading higher on Tuesday after funds managed by Blackstone Inc. ( BX ) and Vista Equity Partners disclosed they are acquiring the company for around $8.4 billion in cash. As per the terms, the companies will fully acquire Smartsheet ( SMAR ) shares for $56.50 per share in cash at the closing of...

Sept 24 (Reuters) - Activist investor Elliott Investment Management on Tuesday escalated its boardroom battle with Southwest Airlines ( LUV ), saying it plans to call a special shareholder meeting as soon as next week to overhaul the airline's leadership. In a letter to shareholders, the hedge fund accused the airline of obstructing a leadership change. Elliott now owns enough...

12:39 PM EDT, 09/24/2024 (MT Newswires) -- Global Payments ( GPN ) Chief Financial Officer Joshua Whipple said Tuesday that the company is expected to see about 10% adjusted earnings per share growth in 2025. The company will not issue formal guidance for next year until this year's Q4 results, Whipple said at the company's Investor Day, adding that in...

01:19 PM EDT, 09/24/2024 (MT Newswires) -- Robert K Temple, Retired Executive, on September 20, 2024, sold 144,627 shares in Nuscale Power ( SMR ) for $1,576,434. Following the Form 4 filing with the SEC, Temple has control over a total of 14,054 shares of the company, with 14,054 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1822966/000182296624000123/xslF345X05/wk-form4_1727197822.xml Price: 11.69, Change: +0.80, Percent...