Acadia Healthcare Announces Definitive Agreement to Sell U K Operations - Press Release digitaljournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitaljournal.com Daily Mail and Mail on Sunday newspapers.
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Acadia Healthcare Company, Inc. (NASDAQ:ACHC) ( Acadia or the Company ) today announced that it has entered into a definitive agreement to sell its U.K. operations to Waterland Private Equity ( Waterland ) for a purchase price of approximately £1,078 million. The Company expects the sale to result in proceeds of approximately $1,350 million, net of transaction costs and the settlement of existing foreign currency hedging liabilities and based on the current GBP/USD exchange rate. The proposed transaction is expected to close in January 2021. The transaction includes the sale of the entirety of Acadia s U.K. business operations, which are operated under the name of The Priory Group (the Priory Business ).
ClearPoint Neuro, Inc. Announces Funding of Additional $7.5M of Existing Convertible Note on Improved Terms
Represents Draw of Additional Proceeds from Petrichor Announced in January 2020
IRVINE, Calif., Dec. 29, 2020 (GLOBE NEWSWIRE) ClearPoint Neuro, Inc. (Nasdaq: CLPT) (the “Company”), a global therapy-enabling platform company providing navigation and delivery to the brain, today announced an amendment to its January 2020 secured convertible note financing agreement with Petrichor Healthcare Capital Management (“Petrichor”) and PTC Therapeutics, Inc. The amendment, closed today, provides for an additional $7.5 million strategic investment from Petrichor and improves terms relative to the original conversion price and interest rate. The Company intends to use net proceeds to continue funding global product commercialization, external strategic portfolio partnerships, and internal research and development efforts.
Home / Top News / CTO Realty Growth Announces Sale of Single Tenant Property in Austin, Texas and Summary of 2020 Transaction Activity
CTO Realty Growth Announces Sale of Single Tenant Property in Austin, Texas and Summary of 2020 Transaction Activity
DAYTONA BEACH, Fla., Dec. 29, 2020 (GLOBE NEWSWIRE) CTO Realty Growth (NYSE American: CTO) (the “Company”) announced today the closing of the sale of a property located in Austin, Texas leased to Outback Steakhouse and a summary of its 2020 transaction activity.
“We’re thrilled to be finishing a record year of transaction activity on such a positive note with the sale of the property in Austin, Texas,” said John P. Albright, President and Chief Executive Officer of CTO Realty Growth. “The proceeds generated by these most recent asset sales will help fuel the execution of our investment strategy in 2021, where we’ll continue to focus on building a best-in-class diversified real estate portfolio that delivers meaningful
Press release content from Business Wire. The AP news staff was not involved in its creation.
Sonic Automotive Announces Opening of EchoPark Atlanta, its First Location in State of Georgia
December 21, 2020 GMT
ATLANTA (BUSINESS WIRE) Dec 21, 2020
Sonic Automotive, Inc. (“Sonic” or the “Company”) ( NYSE:SAH ), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the opening of its newest EchoPark specialty pre-owned vehicle store in the Atlanta market.
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EchoPark Atlanta is the Company’s 15th location to-date, its first in Georgia, and follows the most recent grand openings of EchoPark locations in Nashville, Tennessee and Plano, Texas. Guests in the Atlanta market will be able to shop a wide assortment of high quality, one to four-year old pre-owned vehicles, priced up to 40 percent below new car pricing.