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NEWS & ANALYSIS — What a Tangled Web is Woven: Beyond Announces its Plan to Purchase Back the Digital Assets of "Buy Buy BABY" for $5 Million

Without a scorecard, keeping track of the nuances of baseball can be difficult at best. Now, some can argue, a similar claim can be made about Salt Lake City, Utah-based Beyond (NYSE:BYON), formerly Overstock.com. Here's an attempt to untangle the newest "twist" that'

Top 28 Utah-focused Monetary, Financial and/or Business News Nuggets for January 2025 that You Might have Missed

In this writeup, you'll find info about 31 Utah-based organizations and 17 separate executives that we feel made the cut as "newsworthy" in January 2025. This being the case, welcome to this writeup on Utah's Top 28 Monetary, Financial and/or Business News Nuggets

Are Naming Rights Available for the Provo Airport? For as Little as $8 Million, Maybe So.

With a $78 million funding commitment from the Utah County Commission, Utah's Provo City now finds itself just $12.5 million shy of the ~$140 million in monies needed to expand to 10 gates from the 4 gates currently in operation at the Provo Airport. Presuming that the

The Rest of the Story: The New $500 Million Fund Raised by Pelion Venture Partners is Utah's Largest VC Fund Ever

Additionally, Pelion currently has more than $1.5 billion in Assets Under Management (AUM), which for a venture capital firm focused on early stage investments (let alone one in the so-called "middle" of the U.S. within a state of only 3.5 million residents) is pretty dang

RevRoad Closes its Doors. Kind Of.

In a turn of events both shocking and yet not totally surprising, the RevRoad experiment has come to an end. Sometime in the last week, the RevRoad website shifted from this — to this (on Sunday, 26 January 2025) — Additionally, based upon my review of dozens of LinkedIn profiles this morning,

NEWS BRIEF: Boeing Lands $234 Million Contract Modification for ICBM Work to be Performed in Layton, Utah

Under the original contract, the value of Boeing's ICBM work in Utah now reaches nearly $1.9 billion. Boeing (NYSE:BA) has landed a $234 million contract modification for ICBM work that it will perform in Layton, Utah in connection with Hill Air Force Base in Davis County,

Brigham City Lands a $200 Million Commitment from Nucor to Erect a Steel Products Manufacturing Plant of over 370,000-Square-Feet Across 3 Buildings Sitting on 71.5 Acres in Northern Utah

With an expected occupancy before 01 January 2026, the new plant of the Nucor Towers & Structures business unit will represent the company's third such steel products manufacturing location in northern Utah. Charlotte, North Carolina-based Nucor (NYSE:NUE) has announced plans to drop $200 million to create a

BREAKING NEWS: Utah's Cynosure Group Closes Blockbuster $750 Million "Growth Equity" Fund, Less Than 48 Hours After Donald Trump is Sworn-In as the 47th President of the United States

The $750 million fund is likely the largest ever raised by a private firm based in Utah. Less than 48 hours after Donald J. Trump was inaugurated as the 47th President of the United States, Salt Lake City, Utah-based Cynosure Group announced it has closed a blockbuster $750 million "

NEWS BRIEF: Extra Space Storage is Raising an Additional $355 Million in an Add-On Debt Offering

This new offering is expected to close on (or about), Wednesday, 22 January 2025. Cottonwood Heights, Utah-based Extra Space Storage (NYSE:EXR) is turning to Wall Street once again, this time to raise $355 million in an add-on debt offering of 5.5% senior notes due in 2030 (before expenses)

With Another Planned Acquisition, Health Catalyst is at it Again, This Time for $86 Million to $119.4 Million

However, it was Health Catalyst's "hidden in plain sight" financial projections from a just released Investor Presentation that really caught my attention. Less than one month after it announced its $43 million acquisition of Intraprise Health, South Jordan, Utah-based Health Catalyst (NASDAQ:HCAT) has announced it

University of Utah Health has landed a CEO, while Merit Medical Systems' President has Resigned Following an Internal Investigation

A neurosurgical oncologist, Bob S. Carter, M.D., Ph.D. (the Neurosurgeon-In-Chief for Mass General Brigham, Massachusetts General Hospital and Brigham and Women’s Hospital, as well as the current William and Elizabeth Sweet Endowed Professor in Neuroscience at Harvard Medical School), has been tapped as the new CEO for

You Were Right; UDOT was VERY Busy Last Year.

It turns out your grumbling about the amount of Utah construction work on highways, freeways, and bridges was correct. The Utah Department of Transportation was very busy in 2024. In summary, according to its detailed press announcement (distributed yesterday morning), UDOT * Completed 138 projects statewide last year, * Spending roughly $1

CATCHING-UP: The Top 49 Utah-focused Monetary, Financial and/or Business News Nuggets for the Last Quarter of 2024 that You Might have Missed

{AUTHOR'S NOTE: With apologies in advance, it's clear that things got a bit hectic for "Yours Truly" in the latter part of the year, especially with the births of a grandson in October and a granddaughter in November, as well as landing two new

EXCLUSIVE: Utah's Dynamic City Capital Bets Big on "Mickey" by Apparently Buying Two Anaheim Hotels for $303 Million

With these two most recent acquisitions, the valuation of Dynamic City's portfolio of hospitality real estate properties far exceeds $1 billion in Assets Under Management (AUM). In news not previously published in Utah, Provo, Utah-based Dynamic City Capital has purchased two Anaheim, California hotels for $303 million. With