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JPMorgan to Buy Global Shares

JPMorgan to Buy Global Shares

Irish fintech firm Global Shares is being bought by JPMorgan Chase & Co. The firm’s software helps businesses manage employee stock plans. The terms of the deal were not disclosed and is expected to close the second half of this year. Global Shares’ cloud-based...
Cornerstone Building Brands to go Private

Cornerstone Building Brands to go Private

Manufacturer of exterior building products, Cornerstone Building Brands, had agreed to a $5.8 billion deal with shareholder Clayton, Dubilier & Rice to be taken private. The private equity firm currently ows 49% of Cornerstone’s common stock and has offered...
Preferred Apartments Communities to be Bought

Preferred Apartments Communities to be Bought

The world’s biggest alternate asset manager, The Blackstone Group, will buy Preferred Apartment Communities, Inc., as announced by Preferred on February 16, 2022. Blackstone Real Estate Income Trust’s (BREIT) offer comes in at 40% higher than Preferred’s stock close...