All articles tagged with #transaction
Penn State's Board of Trustees approved a deal to transfer WPSU's assets to WHYY, ensuring continued public media access in Central Pennsylvania while reducing Penn State's financial support, with the transaction pending further approvals.
BASF and Carlyle have agreed on a €7.7 billion deal to spin off BASF's automotive coatings and surface treatment businesses into a standalone company, with BASF retaining a 40% stake and supporting growth through Carlyle's expertise, aiming for closure in Q2 2026.
The Cubs released pitcher Chris Flexen after he declined an outright assignment, ending his brief stint with the team where he posted a 3.06 ERA over 43 2/3 innings. Flexen, who initially performed well, struggled in July leading to his release, but he remains a potential candidate for future minor league or major league opportunities.
Craig Kimbrel, a former Red Sox All-Star closer, was promoted by the Atlanta Braves for his 2025 debut but was designated for assignment the next day after a brief and somewhat ineffective appearance, highlighting the team's ongoing bullpen struggles and his uncertain future in MLB.
Bernard Williams, a former offensive tackle for the Philadelphia Eagles, was surprised to learn that he had been cut from the team at the age of 51, despite not having played in the NFL for 29 years. Williams, who had applied for benefits for former players, was informed by a scout for the Green Bay Packers that his name had appeared on the transaction wire. He had assumed the Eagles had released him years ago, but it turns out they had kept his rights all this time. Williams, still a fan of the team, was unaware that he was technically still on the roster until recently.
Curaleaf Holdings, Inc. has responded to media speculation about a potential transaction involving the company, stating that it does not comment on market rumors. The leading cannabis provider operates in 19 states in the US and is the largest vertically integrated cannabis company in Europe. Curaleaf intends to refrain from further comment unless required by law.