Teledyne acquires TransponderTech from Saab
Thousand Oaks-based Teledyne Technologies, the technology and defense conglomerate, announced Aug. 28 that it has entered into an agreement to acquire the TransponderTech business from Saab AB. The acquisition includes a portfolio of connected commercial maritime products, including Automatic Identification System, VHF Data Exchange System, and Global Navigation Satellite System technologies. Based in Sweden, TransponderTech Read More →
MannKind diversifies pipeline with $360M buy
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Semtech shares up after company beats Q2 estimates
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MannKind expands pipeline with $350M acquisition
Westlake Village-based MannKind Corporation is expanding its pipeline by acquiring scPharmaceuticals, a Massachusetts-based biotech company that specializes in cardiorenal medicine, for $360 million, or $5.35 per share. Announced before the markets opened Aug. 25, MannKind shares ticked up about 1% in pre-market trading. Shares ultimately settled at $3.90 on Aug. 25, about 3.1% down. Shares Read More →
Velocity Financial announces dual listing on new Texas stock exchange
Westlake Village-based Velocity Financial, a leader in investor real estate loans, announced Aug. 13 that it will be one of the founding members of the new electronic equities exchange, NYSE Texas. Its common stock will be dual listed on the new exchange, headquartered in Dallas. Velocity will maintain its primary listing on the New York Read More →
Verifying status of immigrants vexes farmers
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MannKind inks $500M financing agreement with Blackstone
Westlake Village-based MannKind Corporation is receiving some extra help to advance some of its short and long-term growth strategies. Announced Aug. 6, MannKind, a biotech company focused on inhaled therapeutic products, entered into a financing agreement worth up to $500 million with Blackstone, the world’s largest alternative asset manager, with more than $1 trillion in Read More →
