May. 27 at 1:46 AM
$SPY $VLVLY $ETWO $FCPT $BSGM
TOP 5 WEEKEND STORIES:
1) President Donald Trump stated in a post to Truth Social: "I received a call today from Ursula von der Leyen, President of the European Commission, requesting an extension on the June 1st deadline on the 50% Tariff with respect to Trade and the European Union. I agreed to the extension - July 9, 2025 - It was my privilege to do so. The Commission President said that talks will begin rapidly. Thank you for your attention to this matter!"
2) E2open (ETWO) announced that it has entered into a definitive agreement to be acquired by WiseTech Global Limited (WTCHF), which marks the conclusion of e2open's previously announced strategic review process. Under the terms of the transaction, e2open stockholders will receive
$3.30 per share in cash equating to an enterprise value of
$2.1B. The per-share purchase price represents a premium of approximately 28% over the company's closing stock price on May 23, the last trading day prior to today's announcement, and a premium of approximately 68% over the company's closing stock price on April 30, the day prior to media reports regarding WiseTech's evaluation of a potential acquisition of e2open reported on May 1.
3) Volvo Car (VLVLY) plans to cut around 3,000 jobs as part of its plan to reduce costs and become more efficient, Dominic Chopping of The Wall Street Journal reports. CEO Hakan Samuelsson said the plan was important as the company builds a stronger and more resilient business.
4) Four Corners Property Trust (FCPT) announced the acquisition of a Caliber Collision property for
$4.2M. "The property is located in a strong retail corridor in Wisconsin and is corporate-operated under a long term, triple net lease with approximately 14 years of term remaining. The transaction was priced at a 6.9% cap rate on rent as of the closing date and exclusive of transaction costs," the company stated.
5) BioSig Technologies (BSGM) announced it has signed a definitive share exchange agreement with Streamex Exchange, a privately held company specializing in the tokenization of real-world assets, with a focus on bringing commodities on-chain. "The signing of the definitive agreement represents a major milestone for both Streamex and BioSig, propelling the business combination forward, and fast-tracking the growth of Streamex's tokenization business.
