merger and acquisition

Global payments company Stripe is adding a new tool to its solutions for online customers – tax preparation services. Stripe will acquire TaxJar for an undisclosed sum. The transaction is expected to close pending regulatory approvals, the company said in a statement Wednesday. TaxJar provides...

By Byron L. Dorgan, retired U.S. senator from North Dakota Making an exception is different than changing one's mind. That's how I came to the conclusion that, although I have been a strong and relentless critic of mergers by big Class I railroads, the recently proposed merger by Canadian Pacific...

Japanese electronics giant Panasonic Corp. has announced it will acquire supply chain software company Blue Yonder after an agreement was reached with its existing shareholders New Mountain Capital and Blackstone. Panasonic previously took a 20% stake in the software company in July and Friday...

Canadian trucking and logistics giant Mullen Group (TSX:MTL) has acquired British Columbia-based Bandstra Group of Companies in a deal that adds a trucking operation and — intriguingly — a Volvo and Mack truck dealership with three locations.  The acquisition, announced late Friday, adds the 180-...

The COVID-19 pandemic has fueled a boom in tech stocks and the Nasdaq has rocketed up 42% since January 2020. What Happened: Companies in the technology sector have benefited from the realities of the pandemic. Organizations have been forced to quickly digitalize their operations to allow employees...

Canadian Pacific Railway Ltd (NYSE: CP) and Kansas City Southern (NYSE: KSU) announced on Sunday they would merge in a deal valued at about $29 billion in cash and shares. What Happened: The new company, Canadian Pacific Kansas City, will create a Canada-Mexico-U.S. railroad with a...

Cannabis company Cresco Labs (CSE:CL) (OTCQX: CRLBF) is taking over Massachusetts-based Cultivate Licensing LLC and BL Real Estate LLC for a total of $158 million. The sum includes an upfront payment of $90 million, consisting of $15 million in cash and $75 million in Cresco’s...

Cannabis and hemp company Stem Holdings Inc. (OTCQX: STMH) (CSE: STEM) has closed the previously announced acquisition of e-commerce and DaaS (delivery-as-a-service) provider Driven Deliveries Inc. (OTCQB: DRVD). The all-stock deal is valued at about CA$41.3 million. The company'...

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) is poised to acquire a THC cultivation license in Illinois alongside certain assets. The Toronto-based will pick up the issued and outstanding shares of Cannabis Capital Partners Inc. (CCP), by issuing up to 22 million...

American Cannabis Company, Inc. (OTCQB: AMMJ) intends to buy assets of medical cannabis company Naturaleaf. The Denver-based company opted to acquire three Colorado Springs-based retail locations and a cultivation operation that spans 10,000 square feet and has non-volatile extraction capabilities...

Verano Holdings LLC is merging with Alternative Medical Enterprises LLC, Plants of Ruskin LLC and other affiliated entities. The Chicago-based cannabis company opted to acquire combining operations with AltMed in Florida and Arizona. The new entity will operate under the Verano...

Pacific Consolidated Holdings Group Inc. (PCH) confirmed Wednesday the acquisition of two delivery services — Saucey and Emjay. The company plans to merge Saucey, which specializes in alcohol delivery, with Emjay, a cannabis delivery platform. This is the first of several...

Real Brands Inc. (OTCPK: RLBD) confirmed Tuesday, it has finalized the acquisition of Canadian American Standard Hemp Inc. Under the reverse merger deal, CASH shareholders obtained majority control of Real Brands. CASH agreed to continue to operate as Real Brands’ wholly-owned subsidiary. In...

Bulk terminal and logistics services company Enstructure has acquired Ambassador Services' marine terminal operation at Florida's Port Canaveral. Financial terms of the deal were not disclosed, but Enstructure said it will retain Brian Hubert as president and rename the terminal Ambassador...

CRST International Inc. announced it has acquired Edison, New Jersey-based final-mile logistics provider NAL Group. NAL Group consists of warehousing service and final-mile logistics provider North American Logistics, which was founded in 2015, and installation and assembly services company...