On May 30, it announced a merger agreement through which Ellington Financial will acquire Arlington Asset Investment Corp. Ellington Financial Inc.: A company that manages mortgage-backed securities (MBS) and other financial assets.Note that CTI BioPharma doesn't have an EPS growth figure in the table above because the company reported a loss per share in the most recent quarter. Following this news, CTI's share price rallied by 85% to $8.93 from $4.82 per share. SOBI will acquire CTI in an all-cash transaction for $9.10 per share, or approximately $1.7 billion. On May 10, Swedish Orphan Biovitrum AB ( SOBI), a biotechnology company based in Sweden, announced the acquisition of CTI BioPharma. CTI BioPharma Corp.: A pharmaceutical company that develops treatments for blood-related cancers. SilverBow Resources Inc.: An oil and gas company focused on acquiring and exploring properties in Texas.Theravance Biopharma Inc.: This is a biopharmaceutical company in the Cayman Islands that develops and manufactures respiratory medicines such as Yupelri and Trelergy to treat COPD.The all-cash transaction totals $540 million the acquisition will add 198,000 net acres to the Vital Energy Permian Basin leasehold. In May, Vital Energy entered into an agreement with Forge Energy II LLC, a private oil and gas exploration company, to acquire their Delaware Basin assets through a third-party partnership. Vital Energy posted a large derivatives loss of $326 million in the first quarter of 2022, which is a major reason the stock is trading at such a low P/E ratio. On May 9, the company released its first-quarter earnings-net income swung to $114 million from a net loss of $87 million in the same quarter in 2022. Vital Energy Inc.: It explores, acquires, and develops oil and natural gas properties throughout Texas.
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