Breaking News: Altitude Acquisition Corp. and Global Medical Device Manufacturer Announce Letter of Intent for Business Combination

Altitude Acquisition Corp. Announces Letter of Intent for a Business Combination with a Leading Global Medical Device Manufacturer ATLANTA, Dec. 09, 2022 (GLOBE NEWSWIRE) — Altitude Acquisition Corp. (“Altitude”) (NASDAQ:ALTU), a publicly traded special purpose acquisition company (SPAC), has made a significant announcement today regarding a potential business combination with a leading global medical device…

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BM Technologies to be Acquired by First Carolina Bank for $67 Million

BM Technologies Stockholders to Receive $5.00 Per Share in Cash, Representing 55% Premium to Market Acquisition Announcement BM Technologies, Inc. (NYSE American:BMTX), a leading digital banking platform, has recently disclosed its decision to be acquired by First Carolina Bank (FCB). The acquisition deal involves First Carolina purchasing all outstanding BMTX shares of common stock for…

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Revolutionizing Power Electronics: Mitsubishi Electric and Coherent Join Forces to Expand Manufacturing on a 200 mm Technology Platform

Mitsubishi Electric and Coherent Corp. to Collaborate on SiC Power Electronics A Promising Partnership It’s always exciting when two major players in the technology industry come together to collaborate on a groundbreaking project. In this case, Mitsubishi Electric Corporation and Coherent Corp. have signed a memorandum of understanding to work together on scaling manufacturing of…

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Rwomushana Criticizes Bobi Wine, Accusing Him of Being Empty-Headed: A Response to NUP Prisoners’ Guilty Pleas

Following a post on X (formerly Twitter) from Hon.Robert Kyagulanyi alias Bobi Wine, the president of the National Unity Platform (NUP), regarding the recent guilty pleas of NUP prisoners, Ugandans have expressed significant criticism of his response. Kyagulanyi claimed condemned the fact that the prisoners were coerced into confessing by the NRM government, prompting a…

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Exploring the Possibility: Embracer Group Considers Selling Gearbox Entertainment, Developer of Borderlands

Embracer Group Contemplates Selling Borderlands Dev Gearbox Entertainment Introduction Embracer Group, a major player in the gaming industry, is currently considering the possibility of selling Gearbox Entertainment, the US-based studio behind the popular Borderlands franchise. This potential move is seen as a way to help stabilize Embracer’s financial position, but it has raised questions about…

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