In a strategic expansion of its financial services, Allica Bank has announced the acquisition of Tuscan Capital, marking its entry into the bridging finance sector. The acquisition, which will see Tuscan Capital’s team integrate into Allica Bank’s operations, is set to enhance Allica’s commercial finance portfolio. Tuscan Capital’s established bridging expertise and extensive broker network […]
BIP Wealth, a top-ranked Atlanta-based Registered Investment Advisor (RIA), has announced its acquisition of The Money Advisor Group, LLC (TMAG), marking a significant expansion in wealth management services across West Central Georgia, East Alabama, and surrounding regions. This acquisition is part of BIP Wealth’s new BIP Alliance initiative, designed to enhance its service offerings and […]
In a landmark development for the aerospace industry, Astra Space, Inc. (Nasdaq: ASTR), a pioneer in space exploration and satellite technology, disclosed a definitive merger agreement to restructure its ownership. Under this agreement, all outstanding shares of Astra’s common stock not presently owned by the Parent entity will be acquired for $0.50 per share in […]