Ohio Updates Commercial Activity Tax
Redpath
SEPTEMBER 28, 2023
September 28, 2023 - A recent change in Ohio’s tax law, passed by the 135 th Ohio General Assembly, will affect businesses with taxable gross receipts of $3 million or less.
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Groundworks® Increases Ohio Footprint with the Acquisition of The Basement Guys
Benzinga
APRIL 10, 2024
The addition of this Cleveland based brand expands the Groundworks presence in Ohio, as well as marks the introduction of basement finishing to its already robust lineup of home services. With this transition, The Basement Guys will align with two existing Groundworks brands, Ohio Basement Systems and Ohio Basement Authority.
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Ohio Commercial Activity Tax Upcoming Changes
Meade & Moore
NOVEMBER 15, 2023
House Bill 33 was signed into law on July 4, 2023, and enacted many changes to the Ohio Commercial Activity Tax. This is the first major change to the CAT since its inception in 2005.
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Cannabis Company Doubles Down On Ohio, Acquires Two Shops In Major Deal As Legalization Vote Looms
Benzinga
OCTOBER 16, 2023
(CSE: VEXT) (OTCQX: VEXTF ) said on Monday that it has reached an agreement pending a regulatory review period on an asset purchase agreement, together with other definitive agreements with Big Perm's Dispensary Ohio, LLC and members thereof, to acquire two cannabis dispensaries in Ohio. million in cash in return.
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Popular Coffee Collection To Boost Ohio Wellness Company's Position In Market
Benzinga
DECEMBER 6, 2023
Ohio-based Better For You Wellness, Inc. OTC: BFYW ) announced on Tuesday the successful closure of its previously announced asset purchase agreement with The Ideation Lab, LLC and its subsidiaries. This deal marks a significant milestone for the company, positioning it for growth in the $1.5 trillion wellness industry, BFYW said.
Ohio's ProMedica Transfers 7 Facilities Amid Money Struggles
Law 360 M&A
NOVEMBER 22, 2023
Ohio-based ProMedica Health System has transferred seven skilled nursing facilities to a California hospital system at a time when the Ohio provider has reported major losses in its earning figures.
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ESAB Acquires Ohio Medical For $127M
Benzinga
OCTOBER 17, 2022
Fabrication and gas control technology company ESAB Corp (NYSE: ESAB ) has acquired oxygen regulators and central gas systems provider Ohio Medical LLC for $127 million. Ohio Medical is headquartered in Gurnee, Illinois, and employs approximately 100 associates.
Tim Lamb Group Brokers Sale of Metro Toyota in Brook Park, Ohio to Victory Automotive Group
Benzinga
APRIL 4, 2024
Columbus, OH, April 04, 2024 (GLOBE NEWSWIRE) -- Steve Corle, Director of the Plains Region for the Tim Lamb Group, headquartered in Columbus, the largest auto dealership sales, and acquisitions firm in North America, has brokered the sale of Metro Toyota in Ohio to Michigan based Victory Automotive Group.
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AYR Wellness Announces Agreement to Acquire Third Ohio Dispensary License
Benzinga
JULY 13, 2023
multi-state cannabis operator ("MSO"), today announced that it has entered an option agreement that provides AYR with the future ability to acquire 100% of the equity interests of Twice the Wellness, LLC, ("Twice the Wellness") an entity provisionally licensed to operate a medical marijuana dispensary in Ohio.
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Ice Miller Guides Ohio Co.'s $620M Sale To Japanese Biotech
Law 360 M&A
NOVEMBER 13, 2023
has entered a definitive agreement to acquire Ohio-based Forge Biologics as a subsidiary for $620 million in an all-cash deal in which Ice Miller LLP represented the Buckeye State company, the parties announced Monday. Japanese food and biotechnology giant Ajinomoto Co.
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Ohio-Based GJM Team Members Join CLA, Tripling Toledo Presence
Benzinga
JANUARY 3, 2023
Toledo, Ohio, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Today, CLA (CliftonLarsonAllen LLP), the eighth largest accounting firm in the United States, announced that Ohio-based GJM (Gilmore Jasion Mahler, LTD) team members joined CLA on January 1, 2023, increasing the firm's Toledo presence to 150 people. "We've
Fed OKs Merger Of Farmers National Bank Cos. in Ohio, Pa.
Law 360 M&A
DECEMBER 2, 2022
The Federal Reserve Board has approved the merger of two separate companies operating "Farmers National Bank" branches in Ohio and Pennsylvania, clearing the way Thursday for Ohio-based Farmers National Banc Corp., also known as FNC, to have a combined $5.1 billion in assets across the two states.
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TAAT® Closes Acquisition of Ohio-Based Tobacco Distributor
Benzinga
MAY 20, 2022
TAAT® has now officially acquired a tobacco distributor in Ohio in a strategic maneuver to align its operational practices with leading firms in the USD $812 billion global tobacco industry. The details of this acquisition are further described in a video released by the Company on its YouTube channel. distributor. distributor.
REPEAT – TAAT® Closes Acquisition of Ohio-Based Tobacco Distributor
Benzinga
MAY 24, 2022
TAAT® has now officially acquired a tobacco distributor in Ohio in a strategic maneuver to align its operational practices with leading firms in the USD $812 billion global tobacco industry. The details of this acquisition are further described in a video released by the Company on its YouTube channel. distributor. distributor.
Sustainable, inclusive housing growth: A case study on Columbus, Ohio
Mckinsey and Company
JULY 19, 2023
Rapid economic growth has created ample opportunity—as well as a housing shortage. How the city and the surrounding region respond could provide a blueprint for other US cities.
93 Constellation Insurance Holdings announces its indirect subsidiary Ohio National Seguros de Vida S.A. acquires Zurich's annuity business in Chile
Benzinga
MAY 8, 2023
(Constellation), a leading insurance holding company backed by institutional investors CDPQ and Ontario Teachers' Pension Plan Board (Ontario Teachers'), announced today that its Chilean subsidiary Ohio National Seguros de Vida S.A. Since 1993, Ohio National Seguros de Vida S.A. billion in reserves held in Chile.
Farmers & Merchants Bancorp, Inc. Announces Agreement to Acquire Peoples-Sidney Financial Corporation, Sidney, Ohio
Benzinga
JUNE 14, 2022
ARCHBOLD, Ohio, June 14, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. ("F&M", Peoples operates from its main office in Sidney, Ohio, two full-service branch offices located in Anna, Ohio and Jackson Center, Ohio, and a drive-through facility in Sidney. At March 31, 2022, PPSF reported $132.7
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Ex-Art Institutes Execs Want Insurers To Avert $336M Suit
Law 360 M&A
APRIL 10, 2024
Former executives of a holding company that bought now-defunct for-profit colleges Argosy University, South University and The Art Institutes asked an Ohio federal court to force excess insurers to settle receivership claims before the pair are formally accused of leaving a $336 million debt in their wake.
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Irwin Naturals Emergence to Add Ohio Ketamine Clinic
Benzinga
SEPTEMBER 6, 2022
(CSE: IWIN ) (OTC: IWINF ) (FRA: 97X) ("Irwin" or the "Company") announced today that it has entered into a binding to agreement to acquire all of the membership interests in Happier You, LLC, which operates a ketamine clinic in central Ohio.
40 TAAT® Agreement to Acquire Ohio-Based Tobacco Distributor Becomes Definitive
Benzinga
APRIL 21, 2022
Through this acquisition of HLND, TAAT® will obtain access to a network of more than 5,000 convenience stores in and around Ohio through a combination of direct and indirect relationships.
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The Appraisal Foundation Announces a new President
ISA
APRIL 1, 2024
Davids is the former Superintendent of the Ohio Division of Real Estate & Professional Licensing, the chief regulator for Ohio’s appraisers, a former Foundation trustee, and a member of the staff since 2013. Davids holds a Master’s degree in Public Policy and Management from The Ohio State University.
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Expanding Renewable Reach: Genie Energy Acquires Operational Solar Arrays To Power Schools In Ohio And Michigan
Benzinga
NOVEMBER 27, 2023
Genie Energy Ltd. NYSE: GNE ) announced that its subsidiary Sunlight Energy Investments has acquired a collection of 12 operational solar arrays. These arrays, collectively generating 9.4 MW-DC, were purchased from the project developer, marking a significant expansion in Sunlight Energy's renewable portfolio.
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Comment on LoanDepot Appraisal Discrimination Settlement by Spencer Paul
Appraisers Blog
MARCH 28, 2024
Those are for another case in Ohio. In reply to Mary T Thompson. Don’t forget these report are not those used in the Connelly v Lanham case.
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Shenandoah Telecommunications Company Completes Acquisition of Horizon Telcom
Benzinga
APRIL 1, 2024
Horizon is a leading commercial fiber provider in Ohio and adjacent states serving national wireless providers, carriers, enterprises, and government, education and healthcare customers. EDINBURG, Va., Shentel plans to re-brand the Horizon commercial and residential fiber businesses to Glo Fiber. "We
reAlpha Asset Management Inc. Acquires Real Estate Syndication Platform Rhove
Business Wire M&A
MARCH 29, 2023
DUBLIN, Ohio--(BUSINESS WIRE)--reAlpha, an AI-powered real estate technology and investment company with a goal to empower everyone with the ability to invest in the $1.2
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FERC Greenlights $6.7B Vistra-Energy Harbor Merger
Law 360 M&A
FEBRUARY 20, 2024
and Ohio-based Energy Harbor LLC after taking extra time to review the tie-up amid competition concerns from both federal antitrust officials and state consumer advocates. The Federal Energy Regulatory Commission has approved a $6.7 billion proposed merger between Vistra Corp.
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Owens Corning To Buy Door Maker Masonite In $3.9B Deal
Law 360 M&A
FEBRUARY 9, 2024
Ohio-based construction materials manufacturer Owens Corning said Friday it has inked a $3.9 billion agreement to buy Tampa, Florida-based door maker Masonite International Corp., just weeks after the latter company's earlier effort to buy PGT Innovations Inc. fell through.
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Wayne Savings Bancshares, Inc. and Main Street Financial Services Corp. Receive Regulatory Approval for Merger
Benzinga
MARCH 15, 2024
WOOSTER, Ohio and WHEELING, W.Va., the Ohio Division of Financial Institutions, and the West Virginia Board of Banking and Financial Institutions (collectively, the "Regulatory Authorities") for the merger of Wayne with and into Main Street followed by the merger of Main Street Bank Corp. with and into Wayne Savings Community Bank.
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DOJ Digging Into $8B Six Flags-Cedar Fair Merger
Law 360 M&A
JANUARY 23, 2024
Six Flags and Ohio-based amusement park peer Cedar Fair revealed in regulatory filings Tuesday that the U.S. Department of Justice is looking more closely into their planned $8 billion merger, with the DOJ sending a second request for information as part of its review.
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Does Greater Public Scrutiny Hurt a Firm’s Performance?
Harvard Corporate Governance
FEBRUARY 6, 2023
Stulz (Ohio State University), and Zexi Wang (Lancaster University), on Monday, February 6, 2023 Editor's Note: Benjamin Bennett is Assistant Professor at the Tulane University A.B. Posted by Benjamin Bennett (Tulane University), René M. Freeman School of Business; René M. Stulz is the Everett D.
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Deregulation and Board Policies: Evidence from Performance Measures Used in Bank CEO Turnover Decisions
Harvard Corporate Governance
SEPTEMBER 14, 2022
Posted by Rachel Hayes (University of Utah), Xiaoli Tian (Georgetown University), and Xue Wang (The Ohio State University), on Wednesday, September 14, 2022 Editor's Note: Rachel Hayes is Professor of Accounting at the University of Utah David Eccles School of Business; Xiaoli Tian is Associate Professor of Accounting at Georgetown University McDonough (..)
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FirstService Adds Restoration Tuck-Under Acquisitions
Benzinga
JANUARY 10, 2024
First Onsite Restoration acquired Dayton, Ohio-based DryPatrol LLC. DryPatrol renders water and flood mitigation, as well as mold, fire and environmental restoration services to property managers and other commercial clients across southwestern Ohio. TORONTO, Jan. Terms of the transactions were not disclosed.
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Financial Regulation, Corporate Governance, and the Hidden Costs of Clearinghouses
Harvard Corporate Governance
JULY 27, 2022
This post is based on his recent article , published in the Ohio State Law Journal. Posted by Paolo Saguato (George Mason University), on Wednesday, July 27, 2022 Editor's Note: Paolo Saguato is Assistant Professor of Law at George Mason University Antonin Scalia Law School.
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Phorcys Capital Partners, LLC Acquires Prosper at Wickliffe, Expanding Senior Living Portfolio
Benzinga
APRIL 23, 2024
April 23, 2024 (GLOBE NEWSWIRE) -- Phorcys Capital Partners, LLC ("PCP"), the investment advisor to Phorcys Senior Housing Recovery Fund LP ("SHRF"), has announced its acquisition of a 160-unit assisted living facility in Wickliffe, Ohio, through a trustee-directed short sale for $13.0 ALPHARETTA, Ga.,
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40 LCNB Corp. Agrees to Acquire Cincinnati Bancorp, Inc.
Business Wire M&A
MAY 18, 2023
LEBANON, Ohio & CINCINNATI, Ohio--(BUSINESS WIRE)--LCNB Corp. CNNB operates five full-service branch offices in Cincinnati, Ohio and Northern Kentucky and has approximately $304.7 LCNB”) (NASDAQCM: LCNB), the holding company for LCNB National Bank, and Cincinnati Bancorp, Inc. million in assets,
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Parker Divests Aircraft Wheel & Brake Division To Kaman
Benzinga
MAY 23, 2022
Parker-Hannifin Corp (NYSE: PH ) has agreed to divest its Aircraft Wheel and Brake Division, located in Avon, Ohio, in the U.S., to Kaman Corp (NYSE: KAMN ) for $440 million. Parker's Aircraft Wheel and Brake Division is a manufacturer of aircraft wheel and brake systems and related hydraulic. Full story available on Benzinga.com.
96 Risk Strategies Acquires First Insurance Group
Benzinga
JUNE 30, 2023
BOSTON and DEFIANCE, Ohio, June 30, 2023 (GLOBE NEWSWIRE) -- Risk Strategies, a leading national specialty insurance brokerage and risk management firm, and Premier Financial Corporation, today announced that Risk Strategies has acquired Ohio-based First Insurance Group from Premier Financial Corp.,
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Heritage Distribution acquires Young Supply Company
Benzinga
APRIL 22, 2024
platform for global HVACR wholesaler Beijer Ref, has signed an agreement to acquire Young Supply Company ("Young Supply"), a wholesale commercial refrigeration and HVAC distributor serving contractors in the Midwestern United States including Michigan and Northern Ohio – territories adjacent to its current holdings.
Common Ground Healthcare cooperative pursues affiliation with CareSource
Benzinga
FEBRUARY 27, 2024
& DAYTON, Ohio, Feb. CareSource was founded in Dayton, Ohio in 1989 with a mission to transform health care for members in government-sponsored health care programs. BROOKFIELD, Wis. CGHC was formed in 2012 to establish a unique, nonprofit health insurance company that puts consumers at the heart of all decisions.
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The Largest Securities Settlements Announced In 2022
Law 360 M&A
DECEMBER 21, 2022
From a billion-dollar deal in Delaware to a hard-fought battle over a bribery scandal involving Ohio's legislature, securities litigators secured big settlements this year that sprang from both class actions and derivative suits, with a high number of resolutions occurring in Delaware Chancery Court.
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Pan-American Life Insurance Company adquirirá a Encova Life Insurance Company
Business Wire M&A
MAY 22, 2023
COLUMBUS, Ohio y NEW ORLEANS--(BUSINESS WIRE)--Encova Mutual Insurance Group (“Encova Insurance”) y Pan American Life Insurance Company (“PALIC”) anunciaron que Encova Life Insurance Company (“Encova Life”), una empresa afiliada de Encova Mutual Insurance Group, será adquirida y se fusionará con PALIC.
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Comment on Should Property Data Collectors Be Licensed? by Nancy M. Burnett
Appraisers Blog
MARCH 8, 2024
I work in rural counties of southeast Ohio and West Virgina. I have a hard enough time describing some issues I run in to in a typical days work. I can’t imagine relying on someone else to view a property and collect the data. I have 34 years experience and am still learning something new all the time.
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Encova Life Insurance Company To Be Acquired by Pan-American Life Insurance Company
Business Wire M&A
MAY 22, 2023
COLUMBUS, Ohio & NEW ORLEANS--(BUSINESS WIRE)--Encova Mutual Insurance Group (“Encova Insurance”) and Pan American Life Insurance Company (“PALIC”) announced today that Encova Life Insurance Company (“Encova Life”), an affiliate of the Encova Mutual Insurance Group, will be acquired by and merged into PALIC. “We
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Rep. Jim Jordan Trying To 'Harass' FTC Staffers, Khan Says
Law 360 M&A
JULY 27, 2023
Khan on Wednesday accused House Judiciary Committee Chairman Jim Jordan, R-Ohio, and his staff of engaging in "a campaign to intimidate and harass" FTC staffers, in a dramatic escalation of the dispute between the agency and its chief congressional critic. Federal Trade Commission Chair Lina M.
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