TECH news

Latest 3 stories · newest Oct 28, 2026

TECH
Stadco and Ranor sign loan amendment with Beacon Bank & Trust

TechPrecision subsidiaries Ranor and Stadco executed amendments to a $13.35 million loan package with Beacon Bank & Trust in October 2026. The company made a payment to Stark Aerospace, resulting in a cash balance of $137,528.30 as of September 30, 2026, and has incurred an additional net loss of $3…

TECH
Bio-Techne to Be Acquired by Merck KGaA in Deal Valued at $11.3 Billion

Merck KGaA entered into a definitive agreement to acquire Bio-Techne for $73 per share, representing an enterprise value of $11.3 billion. This transaction is expected to immediately accretive to sales growth and EBITDA, strengthening Merck's presence in the life sciences market.

TECH
Merck To Acquire Bio-Techne For $73 Per Share In Cash At EV Of $11.3B; Deal Expected To Be Immediately Accretive To Sales Growth And EBITDA Pre Margin And EPS Pre Accretive By Year 3 Post-Closing
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