Horrific collision on Cairo-Alexandria road in Egypt: Death toll rises to 35

Horrific collision on Cairo-Alexandria road in Egypt: Death toll rises to 35

In a spine-chilling turn of events on Saturday, a nightmare unfolded on the Cairo-Alexandria desert road in Egypt’s Beheira governorate. State media paints a blood-curdling picture: at least 35 people dead and over 50 grievously injured. The morning’s serenity was shattered by a catastrophic collision involving a bus, several cars, and even an overturned lorry, […]

Burke & Herbert, Summit Financial to merge in $371.5m all-stock deal

Burke & Herbert, Summit Financial to merge in $371.5m all-stock deal

Burke & Herbert Financial Services Corp. (“Burke & Herbert”) (Nasdaq: BHRB) and Summit Financial Group, Inc. (“Summit”) (Nasdaq: SMMF) have made headlines by announcing a definitive all-stock merger agreement. The merger, which values the deal at approximately $371.5 million or $25.20 per share of Summit Financial Group common stock, is set to create a bank […]

Minnesota-based Henry’s Foods to be acquired by AMCON Distributing Company

Minnesota-based Henry’s Foods to be acquired by AMCON Distributing Company

AMCON Distributing Company, a Nebraska-based convenience distributor, has agreed to acquire Minnesota-based Henry’s Foods for an undisclosed price. Headquartered in Alexandria, Henry’s Foods caters to food service accounts, grocery stores, and convenience stores. The products it supplies are from brands such as Grandma E’s Bakery, DeliMax, Java Classics, Teco’s Tacos, Fresh Pressed Café, and Slammerz […]

Arthur J. Gallagher acquires employee benefit solutions firm Watkins Group

Arthur J. Gallagher acquires employee benefit solutions firm Watkins Group

Arthur J. Gallagher & Co. has acquired Watkins Insurance & Benefits (dba Watkins Group — Insurance & Benefits Specialists) in Alexandria, Louisiana for an undisclosed price. Watkins Group, which was established in 2008, provides corporations of all sizes with employee benefit solutions along with individual and Medicare coverage solutions. The company serves clients across Central […]