Press release content from Business Wire. The AP news staff was not involved in its creation.
Faraday Future Releases New In-Car Software Updates For Its FF 91
February 12, 2021 GMT
FF 91 Interior Photo Credit: Faraday Future (Photo: Business Wire)
LOS ANGELES (BUSINESS WIRE) Feb 12, 2021
Faraday Future (“FF”, “the company” or “Faraday Future”), a California-based global shared intelligent mobility ecosystem company, today announced a series of new in-car software updates that will enhance the In-Vehicle Infotainment experience for the highly anticipated FF 91. The new features set FF apart by demonstrating that its flagship vehicle will deliver a superior driving experience supported by the market’s most technologically advanced In-Vehicle Infotainment system.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Eagle Bulk Shipping Inc. Acquires Three Supramaxes
Eagle Bulk Shipping Inc.February 11, 2021 GMT
STAMFORD, Conn., Feb. 11, 2021 (GLOBE NEWSWIRE) Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today announced that it has purchased three 2011-built CROWN-58 Supramax bulkcarriers for a total of USD 21.15 million and 329,583 common shares of Eagle.
The ships, which will be renamed the M/V Montauk Eagle, M/V Newport Eagle, and M/V Sankaty Eagle, were all constructed at Yangzhou Dayang Shipbuilding Co., Ltd and are sister ships to 17 CROWN-58 Supramax bulkcarriers in Eagle’s existing fleet. The vessels are all expected to be delivered into the Company’s fleet between March and May of this year.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
II-VI Incorporated Offers to Acquire Coherent for $260 per Share
II-VI IncorporatedFebruary 12, 2021 GMT Combination would establish global leader in photonic solutions, compound semiconductors, and laser technology and systems
II-VI proposal represents 24.0% premium over implied value of Lumentum transaction and 9.8% premium over implied value of MKS Instruments’ acquisition proposal
$200 million of run-rate cost synergies expected to be realized within 36 months of closing
Anticipated to be accretive to non-GAAP EPS in the second year following closing
PITTSBURGH, Pa., Feb. 12, 2021 (GLOBE NEWSWIRE) II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced it has made an offer to acquire Coherent, Inc. (Nasdaq: COHR), a global laser technology leader, in a cash and stock transaction. Under the terms of II-VI’s
Press release content from Business Wire. The AP news staff was not involved in its creation.
Tuatara Capital Acquisition Corporation Announces Pricing of Upsized $175 Million Initial Public Offering
February 12, 2021 GMT
NEW YORK (BUSINESS WIRE) Feb 11, 2021
Tuatara Capital Acquisition Corporation (the “Company”) announced today that it priced its initial public offering of 17,500,000 units at $10.00 per unit. The units are expected to be listed on The Nasdaq Capital Market (“Nasdaq”) and trade under the ticker symbol “TCACU” beginning on February 12, 2021. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and redeemable warrants are expected to be listed on Nasdaq under the symbols