Creation of the World's First "Neuromap" by Utah-based Recursion Pharmaceuticals Triggers a $30 Million Payment from Roche and Genentech Recursion breakthrough leads to new type of mapping the brain.
NEWS & ANALYSIS: Utah's R1 RCM has Boosted its Value by ~60% in Just One Month as it's Now Agreed to be Acquired in an All-Cash Deal at a Valuation of $8.9 Billion by TowerBrook and Clayton, Dubilier & Rice Sometimes, the best decision is to "hold out for a better offer."
BREAKING NEWS: Less than Three Years After Being Acquired by SunPower for $165 Million, Utah-based Blue Raven Solar is Now "On the Market" at Fire Sale Prices as SunPower Files for Bankruptcy. What's interesting about this news is that the pending buyer is Complete Solaria, a California-based firm that announced in April it is moving its headquarters to Salt Lake City. There are so many pieces flying around in this story, let me see if I can summarize all of
Utah-based Instructure is Being "Taken Private" for $4.8 Billion; Here's the Rest of the Story. "... without Josh Coates in the mix, I'm dang certain Instructure doesn't sniff anything close to $7.2 billion on its 14-year journey.
How Much Did Ryan & Ashley Smith (aka, Smith Entertainment Group) just Pay to Acquire the 111-Acre Shops at South Town? Probably Over $300 Million. After being purchased over a decade ago for $205 million by a real estate consortium led by Pacific Retail Capital Partners, the Sandy, Utah-based Shops at South Town have been sold by Pacific Retail to SEG, which will use the property to house the recently acquired Utah Hockey Club. Separately,
BREAKING NEWS: BYU is Adding a Medical School Earlier this morning, The Church of Jesus Christ of Latter-day Saints issued a brief announcement that it plans to add a medical school to Brigham Young University in Provo, Utah, the penultimate educational institution of the global Christian church. Few other details are available at this time. In a move
BREAKING NEWS BRIEF: Former Utah State University Quarterback, Jordan Love, is Now the Highest Paid QB Ever in the National Football League with a Contract Worth $220 Million over the Next Four Years This is the best news to hit the USU Athletics Department in some time!