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Blackstone Group Buys Sabre Industries

Dog hogger 'kept 16 pooches in SUV including some that were dead'


Nuggets’ Jamal Murray out indefinitely with torn ACL in left knee

The Denver Nuggets went from one of the most dangerous teams in the NBA to one of the most vulnerable.

Jamal Murray was diagnosed with a torn ACL in his left knee, which is expected to keep him sidelined for the remainder of the 2020-21 season.

With the Nuggets (34-20) ranked fourth in the Western Conference, they are now without their point guard who emerged as a superstar last season. It also strips away part of the Nuggets' depth, which also includes an MVP candidate (Nikola Jokic), an emerging young player (Michael Porter Jr.) and a newly acquired wing player that can defend at multiple positions (Aaron Gordon). 

In the final minute of the Nuggets' loss to the Golden State Warriors on Monday, Murray drove toward the basket before his knee buckled on a non-contact play. Murray immediately fell to the ground. Moments later, the Nuggets' training camp assisted him to the locker room. 

Report: Actor Kevin James to play Saints coach Sean Payton in Netflix movie about year after Bountygate

Sean Payton's doppelgänger may have some work to do.

Actor Kevin James of "The King of Queens" and "Paul Blart: Mall Cop" will play the New Orleans Saints head coach in a Netflix movie called "Home Team," according to NBC Sports.

The plot is set to begin during the 2012 season, after Payton was suspended for the entire season for his role in the Bountygate scandal, according to NBC Sports. Then Payton — played by James — reassesses his life and becomes the offensive coach of his son Connor's youth football team in the Dallas area, a team named the Warriors.

NBC reported that Payton read the script and made some corrections. 

Stock Alert: B. Riley Financial Gains 14%

B. Riley Financial, Inc. (RILY) shares are rising on Tuesday morning trade as the company is expected to replace Michaels Co. Inc. (MIK) in the S&P SmallCap 600 by April 15.

Currently, shares are at $69.88, up 14.61 percent from the previous close of $60.97 on a volume of 971,521. The shares have traded in a range of $15.84-$69.58 on average volume of 240,598 for the last 52 week period.

Stock Alert: Mackinac Financial Gains 55% On Merger Plan With Nicolet

Mackinac Financial Corp. (MFNC) shares are spiking more than 55 percent on Tuesday morning trade as the bank holding company for mBank entered into a merger agreement with Nicolet National Bank. The deal is valued at around $248 million.

Currenty, shares are at $20.47, up 555.43 percent from the previous close of $13.17 on a volume of 10,594,190. The shares have traded in a range of $8.08-$21.95 on average volume of 25,400.

mBank will merge with and into Nicolet National Bank. Mackinac shareholders shall receive 0.22 shares of Nicolet common stock and $4.64 in cash for each share of Mackinac common stock with total consideration to consist of approximately 80% stock and 20% cash.

A venomous snake — with no known antivenom — bites San Diego Zoo employee

A venomous snake bit an employee at the San Diego Zoo on Monday, according to zoo officials. 

A zoo spokesperson told 10 News the employee was transported to a hospital for evaluation and medical care. 

“Although the San Diego Zoo cares for a number of venomous reptiles, incidents like this are very rare, and the snake was contained at all times with no risk of an escape,” the zoo said in a statement obtained by the Associated Press.

The snake involved is an African bush viper, also known as Atheris squamigera. Native to parts of western and central Africa, their venom can cause fever, hemorrhaging and possibly death in humans, according to the University of Michigan’s Museum of Zoology website.

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There is no known antivenom for an African bush viper’s venom, according to the Seneca Park Zoo in Rochester, New York. 

However, patients can be treated for their bites using antivenom created for other snakes’ venom. This was the case in January 2015 when the Dallas Zoo helped with the treatment of a local man bitten by an African bush viper he was keeping at his home, though owning one of these snakes is illegal in Dallas and Fort Worth.

Blackstone Group Buys Sabre Industries

Asset management firm Blackstone Group Inc. (BX) said on Tuesday that private equity funds associated with the company have agreed to acquire energy and telecom infrastructure supplier Sabre Industries Inc. The terms of the deal, however, were not disclosed.

The purchase of Sabre from Jordan Company is part of Blackstone Energy Partners plan to invest more in companies, which are focusing on cleaner and affordable energy options.

Alvarado, Texas-based Sabre Industries designs and manufactures highly-engineered, mission-critical overhead steel poles, towers, battery storage solutions, and related services for electrical utility and telecom end markets.

The transaction is expected to be completed in the second quarter of this year. Following the closing of the deal, Ulrich Spiesshofer, former President and Chief Executive Officer of ABB Ltd. and a Blackstone Senior Advisor, will take over as Chairperson of Sabre’s Board.

Once the acquisition is complete, Sabre will retain its name and continue to function independently as a Blackstone portfolio company. The company’s leadership team and employees will keep their current roles and have plans to invest alongside Blackstone in the transaction.