August 2022

Consumer

HBO Max Eliminates Approximately 200 ‘Sesame Street’ Episodes

The content purge at HBO Max continues with the removal of over 200 older episodes of the iconic children’s program “Sesame Street.” HBO Max’s removal of “Sesame Street” episodes and other current programming appears to ... [Read]

Blue Water Assumes Administration of Rising River RV Resort and River House

Aug 19 Peter Olaoluwapo

Blue Water, an outdoor hospitality specialist based in Ocean City, Maryland, continues its rapid expansion by partnering with Torres Capital to assume operation of Rising River RV Resort & River House in Roseburg, Oregon. This ... [Read]

FDA Approves Bayer’s Nubeqa for Wider Use in Prostate Cancer Subtype.

Aug 9 Peter Olaoluwapo

In combination with docetaxel, the U.S. Food and Drug Administration (FDA) has approved Bayer’s Nubeqa for the treatment of hormone-sensitive metastatic prostate cancer (mHSPC).Nubeqa (darolutamide) was previously approved for the treatment of non-metastatic castration-resistant prostate ... [Read]

US Tax Credit Could Rev Up Electric Vehicle Production In Canada

Aug 4 Stéphanie Bédard-Châteauneuf

Canadian car makers breathed a sigh of relief last week when US lawmakers decided to scrap part of a large incentive package for electric vehicles (EVs) that originally excluded EVs assembled in Canada from a ... [Read]

Vietnam Is Featured by Radisson Hotel Group’s Expanding National Portfolio

Aug 3 Peter Olaoluwapo

Radisson Hotel Group (AB:RADH) expects to quadruple its presence in Vietnam by 2025 by building a dedicated representative office and considerably expanding its portfolio of properties in the country. This extensive growth strategy will enable ... [Read]

Semtech Confirms the Acquisition of Sierra Wireless for $1.2 Billion.

Aug 3 Peter Olaoluwapo

Sierra Wireless (NASDAQ:SWIR) will be acquired by Semtech (NASDAQ:SMTC) for $31 per share in cash. This gives Sierra Wireless an enterprise value of $1.2 billion. The $31 offer represents a roughly 25% premium above Sierra ... [Read]

Talos Energy Has Begun Negotiations to Acquire Enven for $1 Billion.

Aug 2 Peter Olaoluwapo

Talos (NYSE:TALO) is also considering EnVen’s $288 million in debt at the end of 2021. Talos (NYSE:TALO) Energy is in early negotiations to acquire EnVen (NYQ:ENVN), which owns oil and gas properties in the Gulf ... [Read]