Corporate

Walmart Launches Store-Based Fulfillment Center in Arkansas

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Walmart Launches Store-Based Fulfillment Center in Arkansas

Walmart has inaugurated a store-based fulfillment center in Bentonville, Arkansas, marking its second market fulfillment center in the country. The facility aims to increase the store’s daily order fulfillment capacity and free up store employees to focus on other tasks. The first market fulfillment center was established as a proof-of-concept in Salem, New Hampshire, utilizing … Read more

Whitham Law Group is being acquired by Colorado Legal Group, which will open two new offices

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Whitham Law Group is being acquired by Colorado Legal Group, which will open two new offices. Colorado Legal Group is delighted to announce that additional office locations in Colorado Springs and Grand Junction will open in May. With our Denver office and additional office locations, we can better serve Colorado residents no matter where they … Read more

Majors Management has completed the purchase of Maritime Farms C-stores

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Majors Management LLC has finalized its acquisition of Maritime Farms convenience stores, the retail arm of Maritime Energy, situated in Rockland, Maine. Majors’ entry into Maine is marked by the purchase of 13 c-stores with full delis in midcoast Maine. Petroleum Equity Group offered Maritime with private consultancy services. The Chappaqua, New York-based full-service advising … Read more

Navidea Biopharmaceuticals, Inc. announces intent to sell Cardinal Milestone Payment for $8 million; establishes new $2.75 million equity line of credit

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Navidea Biopharmaceuticals Inc. Navidea or the Company, a company focused on the development of precision immunodiagnostic agents and immunotherapeutics, today announced the execution of a letter of intent to sell the Cardinal Milestone Payment for $8 million, as well as the execution of a new $2.75 million Equity Line of Credit, led by a longtime … Read more

Cape May, New Jersey, has acquired Flying Fish

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Cape May, which was created in 2011, described the merger as a “strategic investment,” and while the company has been silent on the financial details of the transaction, experts think the merged companies can generate more than US$10 million in revenue. Cape May co-founder and CEO Ryan Krill described the acquisition as a massive milestone … Read more

Diameter Capital Partners completes the $2.2 billion Dislocation Fund II at hard cap

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Diameter Capital Partners LP Diameter, a New York-based alternative asset manager focused on global credit markets, announced today the full close of Diameter Dislocation Fund II DDF II at the hard cap of $2.2 billion in capital commitments. DDF II got considerable support from existing Diameter clients as well as new institutional partnerships, with first-time … Read more

Mansa, the New AVOD Streaming Platform for Global Black Culture, Comes Out of the Shadows with $8 Million in Seed Funding

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Mansa, the streaming platform for curated global Black cultural content founded by award-winning filmmakers and actors David Oyelowo, Nate Parker, and Chiké Okonkwo, as well as tech entrepreneur and film financier Zak Tanjeloff, has emerged from stealth after a successful year-long development and beta phase, as well as the close of a $8M seed round … Read more