CONWAY, AR and POMPANO BEACH, FL--(Marketwired - Mar 27, 2017) - Home BancShares, Inc. (NASDAQ: HOMB) ("Home" or the "Company"), parent company of Centennial Bank, ("Centennial"), and Stonegate Bank (NASDAQ: SGBK) ("Stonegate"), headquartered in Pompano Beach, Florida, today announced the signing of a definitive agreement and plan of merger for Home to acquire Stonegate. Under the terms of the agreement, Stonegate will merge into Centennial and shareholders of Stonegate will receive proceeds from the transaction of approximately $749.8 million, consisting of approximately $50.0 million in cash and approximately $699.8 million of Home common stock. In addition, the holders of outstanding stock options of Stonegate will receive approximately $28.6 million in cash in cancellation of their options immediately before the merger, for a total transaction value of approximately $778.4 million.
Dryships Inc. Announces Acquisition of Four Modern Newcastlemax Vessels
Mon, 27 Mar 2017 08:45:00 EDT
ATHENS, GREECE--(Marketwired - Mar 27, 2017) - DryShips Inc. (NASDAQ: DRYS) (the "Company" or "DryShips"), a diversified owner of ocean going cargo vessels, announced today that it has entered into agreements with unaffiliated third parties to acquire four modern Newcastlemax bulk carriers of approximately 206,000 DWT and with an average age of 3.0 years. The Company expects to take delivery of the vessels before the end of June 2017.
Youngevity Acquires RicoLife
Mon, 27 Mar 2017 08:30:00 EDT
Acquisition Allows Youngevity to Obtain Stronger Foothold with Millennial Customers