Eastern Bankshares, Inc. and Century Bancorp, Inc. Enter Into Definitive Agreement To Merge

Key Highlights: Merger creates $22 billion combined franchise and solidifies Eastern’s leading position in Boston and Eastern Massachusetts Financially compelling transaction with 55% EPS accretion on a fully synergized basis Eastern announces 33% increase to quarterly dividend BOSTON & MEDFORD, Mass.–(BUSINESS WIRE)–Eastern Bankshares, Inc. (“Eastern”) (Nasdaq Global Select Market: EBC), the stock holding company for […]

RMR Mortgage Trust Closes $39.2 Million First Mortgage Bridge Loan for the Acquisition of Two Cold Storage Facilities in New Hampshire

NEWTON, Mass.–(BUSINESS WIRE)–RMR Mortgage Trust (Nasdaq: RMRM) today announced the closing of a $39.2 million first mortgage floating-rate bridge loan financing the acquisition of two Class A cold storage industrial buildings located at 6 Rockingham Road and 219 Rockingham Road in Londonderry, New Hampshire. Upon closing, the properties were leased back to Highwood Cold Storage […]

Tekla World Healthcare Fund Announces Preliminary Results of its Rights Offering

BOSTON–(BUSINESS WIRE)–Tekla World Healthcare Fund (the “Fund”) (NYSE: THW) is pleased to announce the completion of its one for three non-transferable rights offering (the “Offering”) which expired Tuesday, April 6, 2021 (the “Expiration Date”). Pursuant to the Offering, record date shareholders were entitled to purchase one newly issued share of the Fund for every three […]

FiVerity Names Allison Arvizu as Executive Vice President of Sales

Expanding Leadership Team with a Proven Financial Technology Expert to Drive Growth Strategy and Execution for Leading Cyber Fraud Prevention Company BOSTON–(BUSINESS WIRE)–FiVerity, Inc., a leading provider of cyber fraud detection and threat intelligence solutions, today announced the appointment of Allison Arvizu as Executive Vice President of Sales. In this new role, Arvizu will be […]

Peloton SVP Dara Treseder; “Five Dysfunctions of a Team” Author Patrick Lencioni; Emmy-Nominated Writer, Activist, and Comedian Baratunde Thurston; and PI CEO Mike Zani To Keynote OPTIMA21

Second Annual OPTIMA, Emceed by Host of NPR’s “How I Built This” Guy Raz, Tackles How to Build, Grow, and Future-Proof Organizations with Talent Optimization BOSTON–(BUSINESS WIRE)–It was a tumultuous business year; but for companies practicing talent optimization, it was a bolstering year. At OPTIMA21 on May 12, an all-star lineup of keynotes and 30+ […]

Media Shower Content Platform Now Integrates with Google Docs™

Built-in support for Google’s cloud documents means better collaboration for content teams BOSTON–(BUSINESS WIRE)–#blog–Media Shower, the media, and communication company, has announced built-in support for Google Docs™, meaning content teams are now able to collaborate better to create better content. The integration now makes Media Shower’s content platform incredibly powerful for marketers since their teams […]

Global Gate Capital and Berkeley Investments Acquire Converted Mill Buildings in Historic Canal District of Lawrence, Massachusetts

NEW YORK–(BUSINESS WIRE)–Global Gate Capital and Berkeley Investments have acquired a portfolio of historic mill buildings in Lawrence, Massachusetts. The properties, built in the 1800’s and located on the Merrimack River in the North Canal Historic District, comprise an aggregate of 760,000 square feet. Three of the buildings, located at 270, 240 and 242 Canal […]

Firefly Health Closes $40M Series B Led by Andreessen Horowitz (a16z)

Funding will support multi-state launch of new health plan for employees and their families, powered by Firefly’s comprehensive care model and proprietary technology platform WATERTOWN, Mass.–(BUSINESS WIRE)–Firefly Health – a virtual-first healthcare company with a mission of delivering half-priced healthcare that’s twice as good – today announced that it has closed $40M in Series B […]

Pioneer US Closed-End Funds to Redomicile to Maryland

BOSTON–(BUSINESS WIRE)–The Board of each of Pioneer Diversified High Income Trust (NYSE American: HNW), Pioneer Floating Rate Trust (NYSE: PHD), Pioneer High Income Trust (NYSE: PHT), Pioneer Municipal High Income Advantage Trust (NYSE: MAV) and Pioneer Municipal High Income Trust (NYSE: MHI) (each, a “Fund”) announced today that it has voted to redomicile the Fund […]

Common Energy Partners With Microsoft, LinkedIn, Corning, Akamai, and VMware to Bring a New Sustainability Benefit to Employees

Leading businesses collaborate with New York-based Common Energy to advance United States community solar. NEW YORK–(BUSINESS WIRE)–Common Energy, a leading community solar provider, today announced collaborations with Microsoft, LinkedIn, Corning, Akamai Technologies, and VMware to bring a new sustainability benefit to each companies’ employees. Through Common Energy’s Clean Energy Benefit Program, the companies’ employees can […]