Tetraphase terminates merger agreement with AcelRx to enter into merger agreement with Melinta Melinta agreement provides for an aggregate of $39.0 million upfront in cash plus potential contingent value rights cash payments of up to $16.0 million Acquisition Expected to Close in early Q3 2020 WATERTOWN, Mass.
Even under pressure during a global economic crisis, TNS capacity upgrades in 2019 paid dividends for customers in Q1 2020, demonstrating its networks reliability At a time when global stock exchanges are experiencing intense volatility and speculative, high-volume trading as the COVID-19 pandemic impacts equities markets, Transaction Network Services today reported its North American backbon...
Corinth Land Co. and Prattco Creekway Industrial continue to add to their joint venture portfolio with the acquisition of two additional properties and have refinanced six of their eight jointly-owned properties. This press release features multimedia. The second property at 1110 Ave. H in Arlington is also 100 percent leased with Digital Room as its major tenant.
Seritage Growth Properties (SRG), a national owner of 203 retail and mixed-use properties totaling approximately 32.2 million square feet, today provided an update related to its master lease with Transform Holdco LLC and other tenant activity in light of the COVID-19 pandemic.
According to the Moodys Analytics baseline economic forecast, real global GDP will fall by 4.5% this year as a result of COVID-19. COVID-19 has caused massive damage to the global economy. The Moodys Analytics baseline economic forecast represents our view of the most likely trajectory for the global economy.
A new report from global market research company Euromonitor International identifies six themes reshaping consumer goods and services due to the coronavirus pandemic. In 2020, Euromonitor expects per capita global consumer expenditure to decline by approximately 5% and the global economy to enter the worst recession since the Great Depression.
Regulatory News: SEB Alliance, Groupe SEB’s corporate venture arm, announces having taken a minority stake in CASTALIE, a company that designs and markets micro-filtered water fountains for companies and restaurants, alongside the funds Amundi F&S, RAISE Impact and Ring Capital within a total fundraise of €13.5 million.
Kroll Bond Rating Agency releases a report on the wave of commercial real estate coronavirus pandemic-related borrower relief requests, special servicing transfers, and increased delinquencies that materialized in the May 2020 reporting period.
Kroll Bond Rating Agency releases commentary on the impact to state budgets from increasing Medicaid enrollment, as the coronavirus pandemic drives a historic rise in the U.S. unemployment rate. While the majority of Medicaid spending growth is historically attributable to enrollment increases, the mix of enrollees also impacts spending.
Kroll Bond Rating Agency assigns preliminary ratings to two classes of mortgage pass-through certificates from Verus Securitization Trust 2020-INV1, a $295.3 million residential mortgage-backed securities transaction collateralized by investment-purpose mortgages exempt from Ability-to-Repay rules.
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