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GenNx360 Acquires B2B Industrial, AMW Packaging

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New York private equity firm GenNx360 Capital Partners has acquired B2B Industrial and the assets of AMW Packaging Supply , which will give the company a boost in the industrial packaging space, according to a press release. B2B Industrial is based in Illinois, while AMW is based in Arizona.

Industry 181
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FedEx Int’l Priority, US Residential Volumes Fuel Strong Q2 Results

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domestic residential package services, in addition to pricing initiatives throughout all transportation segments, fueled increased operating results. Management said the company is not offering a fiscal 2021 earnings forecast, and noted that the capital spending outlook for the year stays at $5.1 FedEx reported on Friday (Dec.

US 262
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Payroc Combines With NXGEN, Payscape, BluePay Canada To Serve 46 Countries

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The operation will carry an enhanced, innovative Payroc brand, offering full-service global merchant acquirer services and payments processing in 46 countries. Private equity firm Parthenon Capital sponsored the merger. “We NXGEN and Payscape merged in May in a deal also backed by Parthenon Capital.

Illinois 100
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High Times Plans Brick-And-Mortar Locations

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They will operate under the logo and name of High Times. Illinois, for its part, became the newest state to legalize weed on Jan. Illinois, for its part, became the newest state to legalize weed on Jan. At the same time, different state laws make it a difficult space in which to operate. Hightimes Holding Corp.

Las Vegas 131
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Online Gambling Player Rush Street Wins Support of Blank Check Firm To Go Public

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The blank check operation that will take Rush Street Interactive public fits the profile. RSI currently holds online gambling licenses in Illinois and Pennsylvania, states where Bluhm’s company Rush Street Gaming has casinos, as well as New Jersey, Colorado and Indiana. RSI is projecting $321 million in revenue for its fiscal 2021.

Online 142
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Cannabis Cos See Share Prices Nosedive

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“The capital markets have dried up,” Brian Athaide, chief executive of Toronto marijuana grower Green Organic Dutchman Holdings , told the WSJ. Both companies operate dispensaries in several U.S. He said the firm is holding off on seeking financing for two facilities — one planned at 1.3 million square feet. The first-ever U.S.

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Cannabis Firms See Share Prices Nosedive

PYMNTS

“The capital markets have dried up,” Brian Athaide, chief executive of Toronto marijuana grower Green Organic Dutchman Holdings , told the WSJ. Both companies operate dispensaries in several U.S. He said the firm is holding off on seeking financing for two facilities — one planned at 1.3 million square feet. The first-ever U.S.