Category: Business Wire

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21 Jun by Vitaliy Dadalyan Tags:

 IAA Acquires Auto Exchange’s Business

 Expands company’s footprint in rapidly growing New Jersey market WESTCHESTER, Ill.–(BUSINESS WIRE)–IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announced today that it has acquired the entirety of the assets of Marisat, Inc. d/b/a Auto Exchange, a provider of personal service and security in the salvage recovery industry, effectively […]
21 Jun by Vitaliy Dadalyan Tags:

Auto Dealership Buy/Sell Market Sets Another Record in Q1 2021, as Dealership Earnings, Revenue, Blue Sky Values, and Market Caps Hit Unprecedented Highs

A perfect, and unique, combination of market factors – record auto sales and grosses, soaring valuations, waning pandemic crisis and potential new tax laws – fueled acquisition activity to 66 completed transactions in Q1, and an unprecedented 300 completed over the past 12 month period, according to the First Quarter 2021 Blue Sky Report® by […]
21 Jun by Vitaliy Dadalyan Tags:

Forum Merger III Corporation and Electric Last Mile, Inc. Remind Stockholders to Vote to Approve Business Combination

– Independent proxy advisory firm Glass Lewis recommends Forum stockholders vote “FOR” the business combination – All stockholders of Forum as of May 20, 2021 are encouraged to vote their shares before June 24, 2021 – Stockholders who need assistance voting their shares should contact Forum’s proxy solicitor, Morrow Sodali, toll-free at (877) 787-9239 or […]
21 Jun by Vitaliy Dadalyan Tags:

Retriev Technologies Completes First Shipment of Battery Materials Under New Circular Business Strategic Partnership with Marubeni Corporation

  LANCASTER, Ohio–(BUSINESS WIRE)–Retriev Technologies, a global leader in battery recycling and management, is pleased to announce their first volume shipment of recovered battery materials to Marubeni Corporation under the umbrella of their newly formed Strategic Partnership. In February 2021, Marubeni Corporation (Marubeni) and Retriev Technologies Inc. (Retriev) announced a Strategic Partnership for developing an […]
18 Jun by Vitaliy Dadalyan Tags:

Healthy Transportation Foundation Partners with AscellaHealth to Offer Discount Rx Card for Professional Truck Drivers and Families

BERWYN, Pa.–(BUSINESS WIRE)–AscellaHealth, a national specialty pharmacy benefit manager (SPBM) serving commercial, Medicare and Medicaid segments, announces its collaboration with Healthy Transportation Foundation (HTF) to offer a drug discount card (DDC) program—up to 80% savings on most drugs and up to 40% on specialty drugs—for all professional truck drivers and their family members. The DDC […]
17 Jun by Vitaliy Dadalyan Tags:

Xos Highlights How its Flex Manufacturing Strategy is More Cost and Time Efficient

Leverages existing facilities and labor talent through strategic manufacturing partnerships Enables Xos to assemble up to 5,000 vehicles annually per facility at a cost approximately 80% less than a traditional large-scale automotive manufacturing facility LOS ANGELES–(BUSINESS WIRE)–Xos, Inc., a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles (“Xos” or the “Company”) […]
17 Jun by Vitaliy Dadalyan Tags:

Nissan Strengthens Commitment to Diversity, Equity and Inclusion; Promotes New Head of Americas Diversity Office

NASHVILLE, Tenn.–(BUSINESS WIRE)–Nissan has announced the promotion of Keri Floyd Kelly to director of Diversity, Equity and Inclusion (DEI) for Nissan Group of North America. Kelly is responsible for developing diversity and inclusion strategies to integrate into the Nissan business, steering the Executive and Advisory Diversity Councils, and cultivating sustained relationships with civic and community […]