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GDOT News10 articles
Mister Car Wash Exits Nasdaq After $3.1B Take-Private by Leonard Green
Mister Car Wash has been taken private by Leonard Green & Partners in a $3.1 billion deal, ending its Nasdaq listing. Shareholders received $7.00 per share.
EchoStar Gains After FCC Greenlights $40B Spectrum Sale
EchoStar shares closed up 1.57% at $137.23 after the FCC approved its $40 billion spectrum sale to AT&T and SpaceX, but a $2.4 billion escrow requirement and weak pay-TV trends pose risks.
EchoStar Shares Rise After FCC Greenlights Major Spectrum Deal
EchoStar shares rose 7.9% last week, closing at $137.23 after the FCC approved $40B in spectrum sales to SpaceX and AT&T, though a $2.4B escrow requirement and debt concerns linger.
AST SpaceMobile Faces Dual Reality: FCC Green Light and Satellite Setback
AST SpaceMobile shares fell 6.8% after losing its BlueBird 7 satellite in a launch failure, but the company secured FCC approval for a 248-satellite network. The May 11 Q1 update will be closely watched.
Critical Metals Surges on $835M Deal for Full Greenland Rare Earth Control
Critical Metals Corp. shares jumped after the company agreed to buy European Lithium Ltd. for $835 million, taking full control of Greenland's Tanbreez rare earth project.
Plug Power Secures Major Electrolyzer Contract for Quebec Green Hydrogen Project
Plug Power has been selected to provide a 275-megawatt electrolyzer system for Hy2gen Canada's Courant green hydrogen project in Quebec, sending its shares up 7%.
Greene King Restructures Pub Estate, Sells 150 Sites Amid Leadership Shift
Greene King is undertaking a major restructuring, planning to sell 150 managed pubs and transition another 150 to leased or franchised models. The move follows a portfolio review and the departure of Pubs Managing Director Zoe Bowley.
Aureus Greenway to Acquire Powerus in Strategic Drone Shift, Secures $9M Funding
Aureus Greenway Holdings has entered into an agreement to purchase autonomous systems manufacturer Powerus via an all-stock transaction, aiming to take the combined entity public on the Nasdaq. The deal includes a $9 million private placement and a $50 million investment commitment from South Korea's KCGI.
National Grid Gains on £3bn Green Link Deal, Focus Shifts to Strategy
National Grid shares rose slightly in early trading following the award of nearly £3 billion in contracts for a major power link project. Market attention is now on the company's strategic execution and upcoming financial results.
OmniVision Greenshoe Exercise Concludes, Shares to Trade Without Stabilization
OmniVision Integrated Circuits announced underwriters partially exercised the over-allotment option, issuing 4.94 million H shares at HK$104.80 each, raising HK$511.2 million. The stabilization period ended February 6.