mergers

Credit Union Ranks Will Shrink in 2024 as M&A Drives Scale and Innovation
Credit Union Ranks Will Shrink in 2024 as M&A Drives Scale and Innovation
October 16, 2023  |  Credit Unions

A decade ago, there were nearly 7,000 credit unions, and that number’s been consolidated to about 4,700. Scott Young, managing VP of Emerging Services at...

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Wonder to Acquire Blue Apron, Create ‘Mealtime Super App’
Wonder to Acquire Blue Apron, Create ‘Mealtime Super App’
September 29, 2023  |  Acquisitions

Blue Apron, a provider of meal kits, has entered into a definitive merger agreement to be acquired by Wonder Group, a company focused on at-home dining...

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Healthcare Solutions Providers PracticeTek and Integrated Practice Announce Merger
Healthcare Solutions Providers PracticeTek and Integrated Practice Announce Merger
September 05, 2023  |  Partnerships / Acquisitions

PracticeTek and Integrated Practice Solutions have merged to create one of the largest retail healthcare solutions providers in the United States. The combined company will operate...

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Report: Babylon Holdings’ Financial Difficulties Mount After Merger Failure
Report: Babylon Holdings’ Financial Difficulties Mount After Merger Failure
August 30, 2023  |  Healthcare

Digital health firm Babylon Holdings Ltd. is reportedly teetering on the edge of collapse after its merger plans with another healthcare company fell through. The United Kingdom-based...

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Luxury Retailers Neiman Marcus and Saks Fifth Avenue Discuss Potential Merger
Luxury Retailers Neiman Marcus and Saks Fifth Avenue Discuss Potential Merger
August 28, 2023  |  Retail

Luxury retailers Neiman Marcus and Saks Fifth Avenue are reportedly in talks to merge. This potential merger comes as Neiman Marcus has been actively seeking a buyer due to...

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Velo Payments Buys YapStone to Form Unified Payment Management System
Velo Payments Buys YapStone to Form Unified Payment Management System
August 16, 2023  |  Acquisitions

Velo Payments is acquiring YapStone, a leading payment processing platform in the short-term and vacation rental industry. The companies have entered into a definitive merger agreement, and...

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SaaS Firm Mirakl Gets $110 Million to Fund M&A Plans
SaaS Firm Mirakl Gets $110 Million to Fund M&A Plans
August 01, 2023  |  Business

Software-as-a-Service (SaaS) platform Mirakl hopes to grow after signing a $109.8 million revolving credit facility. The company announced the new revolving credit facility (RCF) Tuesday (Aug. 1), noting it...

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CFPB Head Doesn’t Want to Be ‘Cheerleader’ for Bank Mergers
CFPB Head Doesn’t Want to Be ‘Cheerleader’ for Bank Mergers
July 20, 2023  |  Regulation

America’s consumer watchdog says bank mergers are set to become much tougher to pull off.  In an interview with Reuters Thursday (July 20), Consumer Financial Protection Bureau (CFPB) Director Rohit...

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FTC and DOJ Unveil Tougher Merger Oversight Rules
FTC and DOJ Unveil Tougher Merger Oversight Rules
July 19, 2023  |  Regulation

Federal regulators want the public’s input into new guidelines governing mergers. The Federal Trade Commission (FTC) and Department of Justice (DOJ) on Wednesday (July 19) unveiled long-awaited updates to the government’s...

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