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Bradley Dickerson

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New Chapter 11 Filings, Disclosures: May 3 – May 7, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of May...
CPI U.S. Inflation

CPI Shows U.S. Inflation Rose to 13-year High in April

The consumer price index (CPI) rose by 0.8% to match its largest monthly increase, the U.S. Labor Department reported on May 12....

Gray Television to Acquire Meredith’s Station Group For $2.7 Billion

Gray Television (NYSE: GTN) announced on Monday May 3 that it has entered a deal to acquire Meredith Corp.'s (NYSE: MDP) local media group...

Code Chain New Continent Limited to Acquire Doo Limited

On Monday April 26, Code Chain New Continent Limited (NASDAQ: CCNC) announced its plan to acquire Filecoin miner Doo Limited. Code Chain...

Stem Cell Biotech Company Talaris Therapeutics Inc files for IPO

The late cell stage cell therapy company, Talaris Therapeutics Inc files for a $100 Million IPO On the 16th of April 2021....

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Peoples Bancorp and Premier Financial Bancorp Announce Definitive Merger Agreement

On Monday March 29, Peoples Bancorp (NASDAQ: PEBO) announced that it has agreed to acquire Premier Financial, Bancorp Inc. (NASDAQ: PFBI). Per...

New Chapter 11 Filings, Disclosures: October 26 – October 30, 2020

At least three major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of October...

ChargePoint to Close $2.4M Merger

Electric-vehicle-recharging company, ChargePoint recently announced a $2.4 million merger with SwitchBack Energy. SwitchBack, a special-purpose-acquisition company based in Dallas, has shares up...

Covid-19 Impacts Community Banks

The Federal Insurance Deposit Corp. (FDIC) published its Quarterly Banking Profile for the first quarter of 2020. It includes the measures the...
Fintech

NEC Acquires Leading Swiss FinTech Company Avaloq for $2.2 Billion

This week, Japanese IT and electronics company NEC Corporation announced it will acquire Avaloq Group AG (Avaloq), a Swiss financial software company....