AvalonBay-Equity Residential Merger Closes, Creating $70 Billion Vivmark Residential

Former AvalonBay holders now own about 51% of Vivmark, which starts trading as VMRK Tuesday with more than 184,000 apartments and $4.4 billion under construction.

Former AvalonBay holders now own about 51% of Vivmark, which starts trading as VMRK Tuesday with more than 184,000 apartments and $4.4 billion under construction.

Uber is making an undisclosed strategic investment in Zipline as the companies plan a U.S. drone-delivery rollout targeting one million deliveries a day by the end of 2029.

Builder confidence barely improved in August, while 35% of builders cut prices and nearly two-thirds used sales incentives as elevated mortgage rates kept buyers cautious.

The defense contractor says the conduct did not involve financial reporting, controls, customers or operations, and it reaffirmed its 2026 outlook as Sam Mehta took over immediately.

Legacy Fulcrum shareholders are expected to retain 5% of the combined company and receive an estimated $270 million cash dividend, while Slate-side holders and financing investors own the other 95%.

The Series B nearly triples Wispr Flow’s previously reported valuation and shows how aggressively venture investors are pricing fast-growing AI applications, even when current revenue remains undisclosed.

Talkspace shareholders are entitled to $5.25 a share in cash, TALK trading has been halted, and UHS funded the closing with borrowings under its credit facilities.

HomeTrust says the merger can produce 29.8% run-rate EPS accretion once cost savings are fully phased in, against 8.3% tangible-book-value-per-share dilution and a 3.25-year earnback.

The all-cash deal is priced at 17.4 times expected 2027 adjusted EBITDA after assumed synergies, with TTM targeting non-GAAP EPS accretion during 2028.

The Empire State index rose to 20.6 in August as orders and employment expanded, but input-cost growth accelerated and supply availability deteriorated.