State Tipoffs Involving Illinois Newsletter for Friday October 18, 2024 ( 21 items ) |
A New Theranostics Center of Excellence in Europe: GE HealthCare and University Medicine Essen Collaborate to Advance Theranostics and Personalized Medicine
CHICAGO, Illinois, Oct. 18 -- G.E. HealthCare issued the following news release:
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* Bringing together leading global healthcare innovator and European healthcare institutions, this relationship aims to advance Theranostics in clinical practice and the development of new tracers and technologies for more personalized medicine
* Theranostics is a transformative approach to cancer treatment, giving hope to patients and their loved ones and the potential for an improved quality of life
* Th
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Advanced Energy United: Clean Energy Industries Rally Behind Illinois Bills to Save Ratepayers $3 Billion Through Grid Modernization
WASHINGTON, Oct. 18 (TNSres) -- Advanced Energy United issued the following news release:
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HB5856 and SB3959 will increase the reliability of the Illinois energy grid, protect ratepayers from rising costs, future-proof the economy, and help the state achieve climate goals
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ILLINOIS - Illinois clean energy industries are unified in supporting HB5856 and SB3959, new legislation that will future-proof Illinois' energy grid and economy, lower consumer costs, meet climate goals, create
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Allstate Announces September and Third Quarter 2024 Catastrophe Losses, Run-Off Reserve Review and Third Quarter 2024 Implemented Rates
NORTHBROOK, Illinois, Oct. 18 -- Allstate, a property and casualty insurance company, issued the following news release on Oct. 17, 2024:
The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of September of $889 million or $702 million, after-tax, including $630 million, pre-tax, related to Hurricane Helene. Total catastrophe losses for the third quarter were $1.70 billion or $1.35 billion, after-tax, and total catastrophe losses for September year-to-
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Context Network Joins Kearney to Deepen Support for Clients Across Agriculture and Food Value Chains
CHICAGO, Illinois, Oct. 18 -- Kearney, a management consulting firm, issued the following news release on Oct. 17, 2024:
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Deal enables broader depth of transformational support for Kearney and The Context Network clients.
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Kearney, a leading global management consulting partnership, today announced its acquisition of The Context Network (Context), a consultancy with deep expertise in agribusiness and more than 30 years of serving clients in the sector. The acquisition increases Kea
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Elmhurst U. Honors 2024 Founders Medal and Alumni Merit Award Winners
ELMHURST, Illinois, Oct. 17 -- Elmhurst University issued the following news:
Elmhurst University recently honored five alumni and longtime supporters with two of the University's most prestigious awards, the Founders Medal and the Alumni Merit Award, for their outstanding contributions to the University and the broader community.
The Founders Medal celebrates those who have distinguished themselves through philanthropic or personal service to the University. This year's medal was awarded to T
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First Mid Bancshares: Seniors to Feel Effects of Inflation Reduction Act During Medicare Annual Enrollment Period
MATTOON, Illinois, Oct. 17 -- First Mid Bancshares issued the following news release:
St. Louis, MO (October 15, 2024) With the Medicare Annual Enrollment Period (AEP) just around the corner, First Mid Insurance Group (FMIG) wants to educate seniors during this important time of year. The AEP represents the period between October 15 - December 7 when people can make changes to their current Medicare coverage. Mike Hurm, Head of Senior Solutions Division at FMIG, said with the Inflation Reductio
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GE HealthCare Announces Major Academic Medical Center as First Customer to Adopt New Hospital Pulse Tile for Command Center
CHICAGO, Illinois, Oct. 18 -- G.E. HealthCare issued the following news release on Oct. 17, 2024:
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* GE HealthCare announces Hospital Pulse, the newest tile for its Command Center Software Platform
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GE HealthCare (Nasdaq: GEHC) today announced a new tile for its Command Center Software: Hospital Pulse. Hospital Pulse Tile pulls in real-time information from across departments to quickly surface the most vital information about a healthcare system's operations in a customizable dash
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Governors State University and Illinois State Police Create Educational Partnership
UNIVERSITY PARK, Illinois, Oct. 18 -- Governors State University issued the following news release:
Governors State University (GovState) is pleased to announce a new partnership with the Illinois State Police (ISP) designed to advance the education and career opportunities of Illinois State Troopers.
Under this new agreement, GovState will accept Credit for Prior Learning as transfer credits for the successful completion of ISP cadet training, enabling troopers to pursue their Bachelor of Art
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Ill. Senate Republican Caucus: Madigan Trial Nears as Jury Selection Begins
CHICAGO, Illinois, Oct. 18 -- The Illinois Senate Republican Caucus issued the following news on Oct. 17, 2024:
Jury selection recently began in the long-awaited trial of former Illinois House Speaker Michael Madigan, who now faces 23 counts of racketeering, bribery, and official misconduct charges.
The former Speaker, who was once one of the most influential political figures in Illinois, was indicted in March 2022 with charges stemming from Madigan's alleged involvement in a years-long brib
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Jones Lang LaSalle: Construction Financing Secured for 894K SF Industrial Development in Austin MSA
CHICAGO, Illinois, Oct. 18 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release:
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JLL Capital Markets arranged the financing for Waterstone, a to-be-built, Class A industrial development
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DALLAS, Oct. 17, 2024 - JLL Capital Markets announced today it secured the construction financing for Waterstone, a to-be-built, Class-A industrial development located in San Marcos, Texas.
JLL represented a joint venture between Goldman Sachs
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Jones Lang LaSalle: Iconic Dolby Theatre in Hollywood Changes Hands
CHICAGO, Illinois, Oct. 18 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release:
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JLL Capital Markets arranges the sale of renowned entertainment landmark in Los Angeles, California
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LOS ANGELES, Oct. 17, 2024 - JLL Capital Markets announced today that it has closed the sale of Dolby Theatre, a 3,400-seat, 180,000-square-foot iconic entertainment venue in Hollywood, California.
JLL represented the seller in the transaction. The
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Kirkland Advises Centerbridge on Precinmac Acquisition
CHICAGO, Illinois, Oct. 18 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis advised private investment firm Centerbridge Partners, L.P. on a definitive agreement to acquire high-complexity precision components manufacturer Precinmac LP from an investor group comprising Pine Island Capital Partners, Bain Capital's Private Credit Group and Compass Partners Capital, which have been the company's investment partners since April 2020.
The transaction was announ
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Kirkland Advises GreyLion Partners on Investment in Birdseye Security Solutions
CHICAGO, Illinois, Oct. 18 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis advised private equity firm GreyLion Partners LP on a new equity investment in tech-enabled logistics security company Birdseye Security Solutions. The transaction was announced October 15, 2024.
The equity investment from GreyLion represents Birdseye's first institutional capital since the firm's founding in 2011.
The investment will help further scale the company's technology pl
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Krieg DeVault Strengthens Its Chicago Footprint by Combining With the Law Firm of Fuchs & Roselli
INDIANAPOLIS, Indiana, Oct. 18 -- Krieg DeVault, a law firm, issued the following news on Oct. 17, 2024:
Krieg DeVault announced today that Fuchs & Roselli, Ltd., a prominent Chicago law firm with 25 professionals, will become part of Krieg DeVault, effective January 1, 2025. The joining of the two firms will significantly strengthen Krieg DeVault's Illinois presence and Chicago office footprint, now with nearly 40 professionals.
Indianapolis-based Krieg DeVault, one of the largest law firms
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Lake Forest College: Trustees, Alumni, Friends of the College Rally to Support Schuler Scholars
LAKE FOREST, Illinois, Oct. 18 -- Lake Forest College issued the following news:
When the Schuler Foundation closed, leaving Lake Forest College's 24 Schuler Scholars without their annual $2,500 scholarships and health insurance coverage, Trustees Diana Moore and Liam Connell stepped in to help.
Moore and Connell, along with other Trustees and friends of the College, quickly mobilized to make up for the $278,000 in lost funding, just weeks before the Fall 2024 semester began.
"These students
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MAYER BROWN ADVISES GENERAL MOTORS ON JOINT VENTURE WITH LITHIUM AMERICAS
CHICAGO, Illinois, Oct. 18 -- Mayer Brown, a law firm, issued the following news:
Mayer Brown acted as legal counsel to General Motors Holdings LLC (GM) in connection with its joint venture with Lithium Americas Corp. to establish a joint venture for the purpose of funding, developing, constructing, and operating Thacker Pass in Humboldt County, Nevada.
The transaction will deliver $625 million of cash and letters of credit from GM to Thacker Pass alongside the conditional commitment for a $2.
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Motorola Solutions Connects Law Enforcement to Real-Time 9-1-1 Intelligence for Faster, Better-Informed Response
SCHAUMBURG, Illinois, Oct. 18 -- Motorola Solutions issued the following news release:
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The Glendale Police Department uses technology to expedite its response to community and enterprise-reported 9-1-1 incidents
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CHICAGO - October 17, 2024 - Motorola Solutions (NYSE: MSI) is bringing 9-1-1 intelligence into real-time crime centers (RTCCs) to expedite police response when children go missing, retail thefts occur or shots are fired. The company's technology pushes 9-1-1 call data -
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Ryan Field Redevelopment announces $133 million in minority contracts to date
EVANSTON, Illinois, Oct. 16 -- Northwestern University issued the following news release:
Northwestern University presented its latest Ryan Field economic impact and inclusion figures at the Evanston M/W/D/EBE (Minority, Women, Disadvantage and Evanston Business Enterprises) Development Committee meeting on Wednesday. The committee, chaired by Alderman Bobby Burns (5th Ward), has worked with the University to ensure accountability in its spending commitments throughout the early stages of the R
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Southwest Airlines Brings Sustainable Aviation Fuel to Chicago Midway International Airport in the State's Largest SAF Supply Agreement
DALLAS, Texas, Oct. 18 -- Southwest Airlines issued the following news release on Oct. 17, 2024:
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Supply from Valero is expected to deliver the highest volume of SAF announced to date in Illinois
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Southwest Airlines Co. (NYSE: LUV) today announced a sustainable aviation fuel (SAF) supply agreement with Valero Marketing and Supply Company (Valero), a subsidiary of Valero Energy Corporation (NYSE: VLO), to bring SAF to Chicago Midway International Airport (MDW) in the state's largest
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TransUnion Report Finds 33% Increase in Number of Property Managers Reporting Rent Payments Since Last Year
CHICAGO, Illinois, Oct. 18 (TNSres) -- TransUnion, a risk information provider, issued the following news release:
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More than half of those who report rent payments to credit reporting agencies began doing so within the past two years
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Nearly half (48%) of property managers who are aware of the practice, report rent payments to credit reporting agencies. The finding comes from new research from the Tenant and Employment business at TransUnion (NYSE: TRU) and represents a 33% increa
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Xerox Acquires ITsavvy to Grow IT Services Presence
NORWALK, Connecticut, Oct. 18 -- Xerox issued the following news release on Oct. 17, 2024:
Xerox Holdings Corporation (NASDAQ: XRX) today announced it has agreed to acquire ITsavvy, an Oak Brook, Illinois-based provider of integrated IT products and associated services, for $400 million consisting of a $180 million cash payment and secured promissory notes totaling $220 million, subject to certain customary pre- and post-closing adjustments and escrow arrangements. The transaction is expected t
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