Major corporate news today includes significant SPAC offerings, high-profile acquisitions in insurance and food sectors, and new leadership books focused on culture and authenticity.
1
New America Acquisition I Leads $300M SPAC Offering
New America Acquisition I raised $300 million in its SPAC offering, focusing on U.S. manufacturing and technology, with notable advisors including Donald Trump Jr. and Eric Trump. The deal is set to close today .
2
Amynta Group Completes Acquisition of International Sureties
Amynta Group finalized its acquisition of International Sureties, a specialty surety broker, enhancing its insurance services portfolio globally. The deal was announced in September and completed today .
3
Peterson Brands Acquires Country Pure Foods
Peterson Brands expanded its juice business by acquiring Country Pure Foods, a leading U.S. producer of portioned and multi-serve juices. The acquisition strengthens Peterson Brands' manufacturing and distribution capabilities .
4
General Purpose Acquisition Corp. Completes $230M IPO
General Purpose Acquisition Corp. completed its $230 million initial public offering, with units trading on Nasdaq. The company aims to pursue mergers or business combinations in various sectors .
5
Gibson Dunn Advised Investcorp on Kanawha Scales Acquisition
Gibson Dunn advised Investcorp on its acquisition of Kanawha Scales & Systems, a leading provider of weighing calibration and automation solutions. The deal was finalized today .
6
Starbucks to Pay Hourly Employees $50 per Week Worked
Starbucks will pay each hourly employee in the city $50 for every week worked between 2021 and 2025, marking a significant employee compensation move. The announcement was made this week .
7
Cross Country Healthcare Merger Agreement Extended
The merger agreement between Cross Country Healthcare and Aya Healthcare was extended to December 3 due to a government shutdown. The deal remains active and under review .
8
New Leadership Book 'No EGO Policy' Released
Author Daniel J. Batty released 'No EGO Policy,' a book challenging leaders to build cultures rooted in love, respect, and authenticity. The book is set for release on December 9 .
9
Cartica Acquisition Corp + NIDAR Merger Vote
Cartica Acquisition Corp and NIDAR are set to close their merger deal today, with Jefferies and BTIG serving as joint bookrunners. The merger is expected to finalize today .
10
StoreDot SPAC Deal Announced
Andretti Acquisition Corp II announced a SPAC deal with StoreDot, a technology company, marking a significant move in the tech sector. The deal was announced on December 3 .