Organigram to Acquire Aurora Cannabis in C$561 Million Deal, Topping Curaleaf’s Hostile Bid
Organigram will acquire Aurora Cannabis for C$7.80 per share in a C$561M deal that tops Curaleaf’s hostile bid by 21%.
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Intuitive Machines Wins NASA Contract for FALCON-RADAR Cloud Science Mission
NASA’s JPL has chosen Intuitive Machines to provide the IM 300 spacecraft platform for the FALCON-RADAR Earth science mission studying clouds and convection.
SK hynix Takes Major Stake in AI Computing Firm Penguin Solutions
SK hynix acquired convertible preferred shares in Penguin Solutions for $377 million, equating to a 9.1% stake with board nomination rights.
Shopify Stock Tumbles as Q4 Outlook Points to Growth Moderation
Strong Q3 results including 32% revenue growth failed to offset investor concerns as Shopify guided to low-thirties growth for the fourth quarter.
CVR Energy to Acquire Two Marathon Refineries and Marketing Business for $4.2 Billion
The acquisition of Marathon’s Minnesota and North Dakota refineries would lift CVR’s capacity to 384,000 barrels per day.