Today’s column is brought to you by the letter R. Real estate, resources (natural) and the creation of racial equity are top of mind and top of the market in this morning’s headlines. Almost 11 months into the COVID-19 pandemic, primary industries and the movement of necessities continues to dominate business to business discussions.
CoreLogic provides data and logistics solutions to support the real estate industry that has seen massive upheaval under COIVID-19. Today, the company its merger agreement with Stone Point Capital and Insight Partners. The fund will acquire all shares of CoreLogic for $80 US per share in a cash payout. The full equity value is approximately $6.0 billion US. The deal also offers a premium of 51% to CoreLogic’s unaffected share price as of June 25 of last year.
The ODP Corporations, which offers an integrated B2B distribution platform providing business services, products and solutions has announce the creation of a program called Elevate Together in partnership with Round It Up America. The nonprofit initiative is an accelerator designed to foster the creation, growth and prosperity of Black and Hispanic-owned small businesses.
“Small businesses are key to job creation, and through the work of the National Urban League’s Entrepreneurship Centers Program, current and prospective entrepreneurs in underserved communities across the country are being empowered to establish new ventures every day,” said Gerry Smith, CEO.
Press release: https://www.businesswire.com/news/home/20210204005233/en/The-ODP-Corporation-Launches-Nonprofit-Initiative-to-Help-Accelerate-the-Creation-Growth-and-Prosperity-of-Minority-Owned-Small-Businesses
Prospectors looking for copper and gold from their home offices and dining room tables now need look no further than the Toronto Stock Exchange. On Tuesday, Solaris Resources will start trading on the open exchange after identifying greater discovery potential at a copper and gold projects in Ecuador, Chile and Peru. The news is especially welcome to Canadian B2B interests the serve the mining industries.
Press release: https://www.prnewswire.com/news-releases/solaris-to-commence-trading-on-toronto-stock-exchange-february-9-301222776.html