Asset Sales

New On The Block Following a review of strategic alternatives initiated earlier this year, Domo, Inc. (NASDAQ:DOMO) said its board has determined that pursuing a strategic transaction is the most effective path to maximize shareholder value. • Domo stock is showing exceptional strength. What...

Logistic Properties of the Americas (NYSE:LPA) shares are trending on Wednesday night. LPA shares surged 71.01% to $5.37 in after-hours trading on Wednesday after the Peru-based Real Estate Investment Trust announced a $145 million divestment of its flagship Peru logistics asset to FIBRA Prime....

Comtech Telecommunications Corp. (NASDAQ:CMTL) stock rose Monday after the communications technology company agreed to sell most of its Satellite and Space Communications business to Gilat Satellite Networks Ltd. (NASDAQ:GILT) for $157.5 million and reported fiscal third-quarter results that topped...

Editor’s note: The story has been updated to include a comment from a BlackRock spokesperson. BlackRock Inc. (NYSE:BLK) got a rebid opportunity to retain New York City pension mandates on Friday, as Comptroller Mark Levine opened a competitive review despite prior climate-related concerns...

New On The Block Sangamo Therapeutics, Inc. (NASDAQ:SGMO), a genomic medicine company, announced that, after extensive consideration of the company's pipeline and financial resources, it has retained Raymond James as its financial advisor to assist in evaluating a full range of strategic...

United Community Banks, Inc. (NYSE:UCB) stock edged higher on Friday after the regional lender announced a $1.9 billion cash deal to sell its equipment finance business. United Community Banks To Sell Equipment Finance Business United on Friday announced a definitive agreement to sell its equipment...