In a major
turnaround for Hostess, J. M. Smucker Co. announced
it will acquire the maker of Twinkies in a deal valued at $5.6 billion. Smuckers has used the
catchphrase “With a...
As air travel rebounds from
pandemic lows, ScanTechIdentification Beam Systems, LLC announced
that it will be going
public via a SPAC deal with Metro-Atlanta,
Georgia, and Mars Acquisition Corp. The transactions values
ScanTech at $150 million...
American Gene Technologies International announced that it is
spinning off it’s HIV-focused gene therapy company Addimmune in a SPAC deal that
values the enterprise at $500 million. Addimmune will be
publicly traded...
As electric vehicle adoption accelerates worldwide, Wolfspeed announced it will divest its radio frequency business to MACOM Technology Solutions Holdings for $75 million in order pave the way for...
Like an Arnold Schwarzenegger movie come to life, defense
contractor AeroVironment announced its $120 million acquisition of Tomahawk Robotics,
a leader in AI-enabled robotic control systems. AeroVironment plans to retain
all of...
Biotech
firm HDL Therapeutics announced that it will go
public via a SPAC acquisition that values the company at $480 million. According to the press release, “HDL Therapeutics
aims to be a...
