The Office of Management and Budget will soon issue a new memo to facilitate agency procurement of artificial intelligence technologies. Federal Deputy CIO Drew Myklegard said Tuesday at FedTalks produced by FedScoop that in addition to all the milestones the Biden administration has achieved since issuing its landmark AI executive order last fall, the OMB […]
Logo/Bowie’s Travel Center Short Stop Food Stores has completed the acquisition of the former Bowie’s Travel Center and convenience store in Menard, Texas, commercial real estate brokerage firm Marcus & Millichap announced. The transaction was handled by Houston-based Luna-Thakor Group, an affiliate of Calabasas, Calif.-based Marcus & Millichap, which represented both the seller and the […]
In the dynamic field of hospitality management, the partnership between LBA Hospitality and real estate developer 3H Group has taken a step forward with the strategic acquisition of Hyatt Place Tampa Airport/Westshore. This step not only strengthens their already successful collaboration, but also represents a milestone in an ambitious expansion plan for LBA and 3H, […]
By City AM – August 20, 2024, 11:00 a.m. CDT Diversified Energy Company purchased operating natural gas wells in East Texas for $68 million, strengthening its portfolio and increasing its scale. The acquisition includes 331 wells with a gas volume of approximately 69 percent and promises an operating profit of $19 million over […]
COLUMBUS, Ohio (WSYX) — Giant Eagle has entered into an agreement to sell all of its GetGo convenience stores to international fuel industry leader Couche-Tard, the company announced Monday. Couche-Tard operates more than 16,000 stores in 31 countries and territories, including Circle K brands. “We are excited to welcome GetGo to the Couche-Tard family,” said […]
REGINA, SASKATCHEWAN, MISSION, CAN., and CHESTER, MONT. — Above Food Ingredients, a vertically integrated supply chain food ingredients company, announced on August 9 its plans to acquire the Specialty Crop Food Ingredient division of Redwood Group (TRG) for $34 million. The division supplies high-quality grains, pulses and specialty fruits to customers in the human and […]
eSentire’s owners are exploring options, including a possible sale that would value the cybersecurity company, including debt, at about $1 billion, according to people familiar with the matter. ESentire – owned by investment firms Warburg Pincus, Caisse de depot et placement du Quebec (CDPQ) and Georgian – is working with investment bank Evercore on a […]
The Canadian Tourmaline Oil Corp. has announced the acquisition of Crew Energy for approximately 1.3 billion Canadian dollars (950 million US dollars) as part of expansion plans ahead of the expected increase in natural gas prices. Like Tourmaline itself, Crew Energy operates in the Montney Formation and the Alberta Deep Basin. These, as the acquiring […]
Trend Micro is considering a possible sale. This is a response to the takeover interest of several parties. The weak development on the stock markets is said to have prompted the Japanese cybersecurity specialist to consider a takeover. Trend Micro is currently considering a possible sale, Reuters reports, citing anonymous sources. The Japanese cybersecurity specialist […]
