WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) Regional Vice President and President of Lehman-Roberts Company, Pat Nelson, has been elected National Asphalt Pavement Association's (NAPA) 2025 Chairman of the Board. Pat's term began by taking the Oath of Office at NAPA's Annual Meeting on February 3. Lehman-Roberts, a Granite Company, was a founding member of NAPA 70 years ago, and Pat's steady involvement in NAPA has spanned two decades. He has served the association in numerous capa.
LOS ANGELES & ST. HELENA, Calif.--(BUSINESS WIRE)--Butterfly Equity (“Butterfly”), a Los Angeles-based private equity firm specializing in the food and beverage sector, and The Duckhorn Portfolio, Inc. (“The Duckhorn Portfolio,” “Duckhorn” or the “Company”) today announced the completion of Butterfly's acquisition of Duckhorn, North America's premier luxury wine company, for $11.10 per share, in an all-cash transaction valued at approximately $1.95 billion. “We are thrilled to welcome The Duckh.
NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
NEW YORK , Dec. 6, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: The Duckhorn Portfolio, Inc. (NYSE: NAPA)'s sale to Butterfly Equity for $11.10 per share in cash. If you are a Duckhorn shareholder, click here to learn more about your rights and options.
FCPT announces the acquisition of NAPA Auto Parts Property for $2.0 million.
NEW YORK CITY, NY / ACCESSWIRE / October 7, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating: Barnes Group Inc. (NYSE: B ), relating to its proposed merger with Apollo Global Management, Inc. Under the terms of the agreement, all Barnes Group common stock will be converted into the right to receive $47.50 in cash.
SAN DIEGO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP , a leading stockholder rights law firm, announced that it is investigating claims on behalf The Duckhorn Portfolio Inc (NYSE: NAPA) shareholders concerning potential breaches of fiduciary duties related to the proposed sale of the Company to Butterfly Equity a Los Angeles-based private equity firm.
MONSEY, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of The Duckhorn Portfolio, Inc. (NYSE: NAPA) (“Duckhorn”) to Butterfly Equity (“Butterfly”) for $11.10 per share in cash.
The Duckhorn Portfolio Inc (NAPA, Financial) released its 8-K filing on October 7, 2024, detailing its financial performance for the fourth quarter and fiscal year ending July 31, 2024. The company, known for its luxury and ultra-luxury wine brands such as Duckhorn Vineyards and Kosta Browne, reported a notable increase in net sales and adjusted EBITDA, despite facing some challenges in gross profit margins.
The Duckhorn Portfolio (NAPA, Financial) experienced an impressive surge, with shares skyrocketing by 102.5% following the announcement of its acquisition by Butterfly, a private equity firm. The all-cash transaction values the company at $11.10 per share, equating to a valuation of approximately $1.95 billion.