In a significant development for chicken enthusiasts, the renowned Los Angeles-based Crimson Coward Nashville Hot Chicken franchise has inked a lease with David S. Brown Enterprises. Their latest location will be prominently situated at Boulevard Corporate Center in Owings Mills, Maryland. This move heralds Crimson Coward’s ambitious plans for national expansion, targeting 200 U.S. locations […]
Comtech Telecommunications Corp has been granted a $30 million contract by Fairwinds Technologies, to provide its next-generation Troposcatter Family of Systems (FOS) for the US Army’s tactical communications. This partnership will enhance the Army’s Beyond-Line-of-Site (BLOS) communication abilities across various domains. As the provider of the most deployed Troposcatter communication systems globally, Comtech Telecommunications’ FOS […]
Dominion Energy has finalized an agreement to sell its 50% non-controlling limited partner interest in Cove Point LNG, LP to Berkshire Hathaway Energy (BHE) in a deal valued at $3.5 billion. The Cove Point LNG terminal, located in Lusby, Maryland, is an LNG export facility in the continental United States and the first of its […]
In a shocking incident, an 18-year-old woman and a 20-year-old man were killed, with 28 others injured at a block party in Baltimore, according to official reports. Among the injured, nine people were urgently transported from the scene to nearby hospitals while 20 others walked into hospitals themselves. It was reported that three of the […]
Quest Diagnostics, an American diagnostic information services provider, has agreed to acquire early-stage oncology company Haystack Oncology in an all-cash deal worth up to $450 million in a move to add sensitive liquid biopsy technology for enhancing personalized cancer care to its oncology portfolio. Based in Baltimore, Maryland, Haystack Oncology is focused on minimal residual […]
Cannabis operator Ascend Wellness Holdings (AWH) has completed the previously announced $19 million acquisition of four Nature’s Medicines and True Wellness licensed dispensaries in Maryland from Devi Holdings. The four operating dispensaries are located in Aberdeen, Ellicott City, Crofton, and Laurel. Ascend Wellness Holdings announced the deal in January 2023 in a move to foray […]
Professional services firm Marsh McLennan Agency (MMA) has acquired HMS Insurance Associates, a Maryland-based insurance agency for an undisclosed price. Established in 1943, HMS Insurance Associates caters to individuals and businesses in the Mid-Atlantic. It offers them property/casualty insurance, group captive, surety, and employee benefits. John Stanchina — Marsh McLennan Agency Mid-Atlantic region CEO said: […]
The Community Financial Corporation (TCFC), the holding company of Community Bank of the Chesapeake, will merge with and into Shore Bancshares, the holding company of Shore United Bank, in an all-stock deal valued at around $254.4 million. The transaction between the two Nasdaq-listed firms is expected to create a bank holding company with around $6 […]
BriaCell Therapeutics has signed an exclusive licensing deal with the University of Maryland, Baltimore County (UMBC) to develop and commercialize Soluble CD80 (sCD80) as a biologic agent for cancer treatment. sCD80 was developed originally by Suzanne Ostrand-Rosenberg from the Emeritus Faculty at UMBC. According to BriaCell Therapeutics, sCD80 was well-tolerated in animal models, and by […]
Relation Insurance Services, an American insurance agency, has acquired the assets of Maryland-based Insurance, Inc. for an undisclosed price. Headquartered in Owings, Insurance, Inc. offers clients across Maryland with personal and commercial lines insurance solutions and employee benefits. Relation Insurance Services said that going forward Amir Krell and Tracy Sutton will continue to head Insurance, […]