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Articles by 166293

$37.25 Million Community in Anaheim, CA Sold by The Mogharebi Group

22nd January 2022
ANAHEIM, Calif.--(BUSINESS WIRE)--#Anaheim--The Mogharebi Group, (“TMG”) has completed the sale of Echo116 in Anaheim, a 116-unit community located at 1727 Glenoaks Avenue. The property sold with multiple offers for a Northwest Anaheim area record price of $37,250,000, equating to $321K per unit or a record-setting price per square foot of $494. The buyer is a […]
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KnightSwan Acquisition Corporation Announces Pricing of $200 Million Initial Public Offering

21st January 2022
NEW YORK--(BUSINESS WIRE)--KnightSwan Acquisition Corporation (the “Company”), a special purpose acquisition company, announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange and trade under the ticker symbol “KNSW.U” beginning January 21, 2022. Each unit consists […]
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Blue Ridge Bankshares and FVCBankcorp Mutually Agree to Terminate Merger Agreement

21st January 2022
CHARLOTTESVILLE, Va. & FAIRFAX, Va.--(BUSINESS WIRE)--Blue Ridge Bankshares, Inc. (NYSEAM: BRBS) (“Blue Ridge”), the parent company of Blue Ridge Bank, National Association, and FVCBankcorp, Inc. (NASDAQ: FVCB) (“FVCB”), the parent company of FVCbank, jointly announced today a mutual agreement to terminate their merger agreement, previously announced on July 14, 2021, pursuant to which the companies […]
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RMB Calls for Shareholders’ Support for a Spin-off IPO of Nippon Columbia at the Faith EGM

21st January 2022
CHICAGO--(BUSINESS WIRE)--RMB Capital (“RMB”), a Chicago-based independent investment advisory firm and a long-term shareholder of Faith Ltd. (4295 JP, “Faith”) that owns approximately 10% of the firm’s total outstanding shares, calls for shareholders’ support for a spin-off IPO of Nippon Columbia at Faith’s emergency general shareholders’ meeting (EGM) scheduled on February 18, 2022. Corporate value […]
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DCG Acquisitions, a Dave Cantin Group (DCG) Company, Completes Major Acquisition, Uniting Two Automotive Group Dynasties

21st January 2022
NEW YORK--(BUSINESS WIRE)--DCG Acquisitions, a Dave Cantin Group (DCG) company, today announced the successful completion of an acquisition uniting two automotive group juggernauts. DCG represented both parties, whereby the Gee Automotive Companies—among the top three largest family-owned and operated automotive groups in the Pacific Northwest, acquired Dick’s Auto Group—one of the oldest family-owned and operated […]
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CORRECTING and REPLACING Aspen and Ryan Specialty Announce Expanded Trading Relationship

21st January 2022
Aspen materially expands participation in Ryan Specialty’s international MGU portfolio. HAMILTON, Bermuda--(BUSINESS WIRE)--Second paragraph, third sentence of release should read: As part of this deal, Aspen will provide capacity across multiple platforms and geographies, with four programs in the U.S. and three programs in Europe (instead of ...with three programs in the U.S. and four […]
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DBO Partners Announces 2022 Promotions

20th January 2022
Lauren Webster and Bryant Williams Promoted to Partner as DBO Sees Record Growth in 2021 SAN FRANCISCO--(BUSINESS WIRE)--DBO Partners (“DBO”), a leading San Francisco Bay Area investment and merchant bank is pleased to announce the promotion of Lauren Webster and Bryant Williams to Partner; Gregory Schorr and Stephen Urban to Vice President; and Peter Krebs […]
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EMQ Bolsters Mobile Wallet Capabilities Across Southeast Asia

20th January 2022
Mobile wallet users in Indonesia will now be able to receive funds instantly from around the world SINGAPORE & JAKARTA, Indonesia--(BUSINESS WIRE)--#Promptpay--Global payments network EMQ today announced a significant enhancement to its global payment capabilities by enabling real-time payouts to major mobile wallets in Indonesia. This further complements EMQ’s ability to provide an integrated suite […]
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Gehr Hospitality Appoints Molly Caccamo as Executive Vice President & COO

20th January 2022
LOS ANGELES--(BUSINESS WIRE)--The Gehr Group (www.gehr.com) announced the promotion of Ms. Molly Caccamo to the position of Executive Vice President and Chief Operating Officer at its subsidiary, Gehr Hospitality, focusing on acquisitions, financing, and lending activities for hospitality and multifamily assets. “Molly joined our team at Gehr Hospitality in early 2017, and shortly thereafter she […]
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Regional Management Corp. Appoints Philip Bancroft to Board of Directors

20th January 2022
GREENVILLE, S.C.--(BUSINESS WIRE)--Regional Management Corp. (NYSE: RM), a diversified consumer finance company, today announced the appointment of Philip Bancroft to its Board of Directors, effective immediately. Mr. Bancroft is the former Chief Financial Officer and Executive Vice President of Chubb (NYSE: CB), the largest publicly traded property and casualty insurance company in the world. Mr. […]
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Northern Trust Declares Quarterly Dividends on Common and Preferred Stock

20th January 2022
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.70 per share on its common stock ($1.66-2/3 par value), payable on April 1, 2022, to holders of record at 5:00 p.m., Chicago time, on March 11, 2022. Northern Trust Corporation also declared cash dividends […]
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CORRECTING and REPLACING Former M&A LPL Financial Exec Zachary Pavlosky, CFA® Joins Alaris Acquisitions

19th January 2022
The leading merger & acquisition firm predicts a strong year in M&A given the current uptick in deal flow and the acceleration of their innovative pricing model. MOORESVILLE, N.C.--(BUSINESS WIRE)--#Alaris--Sixth paragraph, third sentence of release should read: This saves would-be sellers hundreds of thousands of dollars in standard M&A fees charged by bankers and is […]
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