MeridianLink to go private in $2 billion deal with Centerbridge Partners
As part of the deal, MeridianLink shareholders will receive $20 per share in cash for each held, implying a 26% premium to the stock's last close.
Shares of the Irvine, California-based company jumped 24% to $19.74 in premarket trading.
The transaction is expected to close in the second half of 2025.
Centerview Partners and J.P. Morgan are the advisers for MeridianLink on the deal, while Goldman Sachs is for Centerbridge.
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Scotsman
an hour ago
- Scotsman
Tea & coffee station at Scotland's newest fish and chip restaurant sees Myrtle Coffee cement a 25-year customer relationship
With a neon sign above it proclaiming 'Fish Tea', the eye catching tea & coffee station at the recently launched Crab & Lobster Fish Shack in South Queensferry is just one of the many features of this new family restaurant attracting attention. Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Of course, along with looking good, it has a practical purpose- to provide tea and coffee to the restaurant's clientele. It's well known that, for many people, a cup of tea is the perfect accompaniment to a fish supper. And at The Crab & Lobster Fish Shack, Monday to Friday 11am to 3pm, over 55's can take advantage of the Fish Shack Supper Club (Still a Catch at 55), which gives a pound off the regular £16 per person price of a battered haddock fish supper, with a cup of tea, tartare sauce, and bread & butter included. Advertisement Hide Ad Advertisement Hide Ad If they are not tea drinkers, though, or just prefer the pick me up buzz of coffee, they can, of course, choose to have coffee instead. Myrtle Coffee also trains the baristas used in a hospitality business 'We wanted to have a fantastic choice of hot drinks to accompany the delicious fish and chips, and indeed, whole menu, on offer here at The Crab & Lobster Fish Shack,' said owner, Bryan Coghill. We've been using Kirkcaldy-based Myrtle Coffee for 25 years now, across successive hospitality businesses we have owned and ran, including Jack 'O' Bryan's in Dunfermline. Gary Cunningham and his team do the most incredible job, so it made complete sense to go to Myrtle, and ask them to populate this lovely Fish Tea area.' The Crab & Lobster Fish Shack is now offering the same delicious coffee blend offered at Jack 'O' Bryan's, a mix of natural Brazilian & Colombian beans, combined with washed Asian coffee. It's predicted that the Hamptons themed eatery, situated in a very busy area beside Tesco, and the Dakota Hotel, in South Queensferry's Ferrymuir, will go through many kilos of coffee beans every month Advertisement Hide Ad Advertisement Hide Ad 'It's a medium roast coffee, providing a balanced acidity and sweetness, with a fuller body and pronounced flavour,' said Bryan. 'It's rounded and smooth, with a mild nuttiness, a chocolatey sweetness, with a a hint of citrus overtones. Our customers at both venues are really enjoying it with great feedback' Bryan has been Gary's customer at Myrtle for 25 years Added Bryan: 'Gary has not only provided the coffee and tea for us at The Crab & Lobster Fish Shack, but also the coffee machine and automated grinder, a state of the art La Spaziale S10 two group system, with independent shot timers in Aqua Green, a colour we chose to match our colour scheme, along with the bespoke crockery which is engraved with our logo. It too is matched to the exact shade of blue we requested. "Gary happily creates samples that a hospitality business can approve, before they go ahead with the final order. All these little fine details matter to us in creating the overall restaurant our customers see and experience when they come in. Myrtle also provides our delicious chocolate and all ancillary products.' Bryan went on to say: "As if that wasn't enough, Myrtle also provided Barista training to our four key staff members who will be responsible for preparing and presenting all espresso and milk based drinks at the restaurant. Advertisement Hide Ad Advertisement Hide Ad 'These team members really enjoyed the training, learning so much, a new string to add to their bow. It really is a comprehensive service from Myrtle Coffee that takes care of everything you could possibly need regarding a professional hot drinks station.' Branded crockery has been provided by Myrtle for this new fish and chip restaurant Commenting on the relationship, Gary Cunningham, Director of Myrtle Coffee, said: 'It is our pleasure to once again equip this latest stand out hospitality business from the Coghill family with a ready to trade coffee station, including a luxury coffee blend, equipment, and crockery to their exact specifications. Complemented by the restaurant's overall interior design, including their neon sign, it looks fantastic. We are immensely grateful to them for their continued custom.' Gary explained that it was Myrtle's ethos to train baristas in smaller groups to ensure focus in the trainees gaining knowledge and practical skills. 'Our professional training programme is inclusive of the fundamental practices of the correct use of the espresso equipment and automated grinder. It also includes espresso extraction, controlling variables, coffee dosing, coffee ratios, changes in taste, milk texturing consistency and pouring techniques, inclusive of latte art training,' he said. 'We also cover the daily and weekly cleaning and maintenance of the espresso system and grinder, as it's very important to look after the equipment.' Advertisement Hide Ad Advertisement Hide Ad 'The considerable skill and knowledge of the Barista in preparing coffee is one of the main requirements for any successful hospitality business,' finished Gary. GARY CUNNINGHAM OF MYRTLE COFFEE IS PICTURED WITH BRYAN COGHILL OF THE CRAB & LOBSTER FISH SHACK 'We wish Bryan, Michelle, and all the team at 'The Crab & Lobster Fish Shack', the very best in the coming months. It's one of Scotland's finest fish and chip restaurants which will be on the scene for some time to come!'
Daily Mail
an hour ago
- Daily Mail
NFL's most valuable teams are announced... and it's not a good look for Cowboys owner Jerry Jones
Cowboys fans upset at owner Jerry Jones' refusal to pay All-Pro edge rusher Micah Parsons should avoid Sportico's annual NFL team valuations, where Dallas ranks first overall for the sixth consecutive season. Valued at a whopping $12.8 billion, the Cowboys have been locked in a contract dispute with Parsons, who has demanded a trade while sitting out at Dallas training camp in Oxnard, California due to a back injury. Not only are the Cowboys believed to be the most valuable franchise in all of sports, but the team also has about $34 million in cap space to offer Parsons an extension. Instead, Jones has allowed the issue to boil over into a major distraction at camp. The contract dispute comes at a time when the Cowboys' NFC East rivals are all improving. Not only are the Philadelphia Eagles the reigning Super Bowl champions, but the Washington Commanders are coming off a resurgent 12-5 season that ended with an NFC championship berth. The New York Giants, meanwhile, added highly rated Penn State edge rusher Abdul Carter in the draft and enter the season with two veteran quarterbacks, Russell Wilson and Jameis Winston, as well as rookie first-round pick Jaxson Dart. Jones, who recently revealed his own successful battle against stage 4 melanoma, is known to let contract disputes fester through training camp. In 2020, quarterback Dak Prescott played on the franchise tag after failing to reach an agreement on a new deal. Last season, Prescott finally got the contract he was looking for just hours before the Week 1 opener, becoming the highest-paid player in NFL history at an average of $60 million a season. Similarly, receiver CeeDee Lamb held out last season until getting a four-year, $136 million in training camp, and a year prior, it was All-Pro guard Zack Martin who held out of camp before getting a new deal. Most famously, at the height of the Cowboys' success in 1993, future Hall of Fame running back Emmitt Smith missed the first two weeks of the season due to a contract dispute before eventually agreeing to a $13.6 million deal. The team would go on to win the Super Bowl. The valuation comes four decades after President Donald Trump - then a real estate tycoon - nearly bought the club for just $50 million. The future Commander in Chief told The New York Times in 1984 that he instead bought the fledgling USFL's New Jersey Generals for $10 million, thinking it was a better value. 'I could have bought an NFL team,' Trump told Ira Berkow. 'There were three or four available - that still are available, including, of course, the Dallas Cowboys. 'I could have bought an NFL club for $40 million or $50 million, but it's established and you would just see it move laterally,' he added. 'Not enough to create there.' At the time, Trump expressed his condolences for the unfortunate investor who would ultimately wind up with the Cowboys. 'I feel sorry for the poor guy who is going to buy the Dallas Cowboys,' he said. 'It's a no-win situation for him, because if he wins, well, so what, they've won through the year, and if he loses, which seems likely because they're having troubles, he'll be known to the world as a loser.' The original USFL folded in 1986 following the disastrous move from spring to fall football, at Trump's urging. The rival league ultimately failed to compete with the NFL. Jones, meanwhile, purchased the hapless Cowboys in 1989 for a mere $140 million dollars and immediately began the process of returning the franchise to its glory years of the 1970s. The team won three Super Bowls in the 1990s. The Cowboys were the first team to reach a $10 billion valuation last season. Now, according to Sportico, Dallas is joined by the Los Angeles Rams ($10.4 billion) and the New York Giants ($10.2 billion). The New England Patriots ($8.8b), San Francisco 49ers ($8.6b), Philadelphia Eagles ($8.4b), Miami Dolphins ($8.3b), New York Jets ($8.1b), Las Vegas Raiders ($7.9b) and Washington Commanders ($7.5b) round out the top 10.
Western Telegraph
2 hours ago
- Western Telegraph
Around 2,150 jobs at risk as Claire's Accessories appoints administrators
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