Month: May 2026

CHICAGO, May 8, 2026 /PRNewswire/ — Array Digital Infrastructure, Inc. (NYSE: AD) (“Array” or the “Company”) confirmed today that its board of directors (the “Board”) has received a non-binding proposal, dated May 7, 2026, from Telephone and Data Systems, Inc. (NYSE: TDS) (“TDS”) to acquire all of the outstanding common shares of the Company not currently owned by TDS (the “Proposal”). A copy of the proposal letter from TDS is available as an exhibit to the Current Report on Form 8-K as publicly filed by TDS today with the Securities and Exchange Commission.   

Currently, TDS owns approximately 81.9% of the outstanding capital stock of and 95.9% of the voting interests in the Company. The Proposal is conditioned on, among other things, the recommendation of a special committee of disinterested directors of the Company and the approval by a majority of the votes cast by disinterested stockholders.

The Array Board has established a special committee (the “Special Committee”), comprised solely of three disinterested and independent directors, to analyze, evaluate and negotiate (or reject) the Proposal.

The Special Committee has not made any decision with respect to the Proposal at this time. The Special Committee has retained PJT Partners as its independent financial advisor and Cravath, Swaine & Moore LLP as its independent legal counsel. The Special Committee intends, together with its independent advisors, to carefully evaluate the Proposal to determine the course of action that it believes is in the best interests of the Company and its disinterested shareholders.

The Proposal constitutes only an indication of interest by TDS and does not constitute a binding commitment with respect to the proposed transaction or any other transaction. There can be no assurance that any transaction will be accepted, rejected, consummated or abandoned, or any certainty with respect to the terms, timing and conditions of a transaction in the event an agreement is reached.

The Company and the Special Committee do not undertake any obligation to provide any updates with respect to the Proposal or any other transaction, or to provide any additional disclosures to reflect subsequent events, new information or future circumstances, except as required under applicable law. Shareholders of the Company do not need to take any action at this time.

About Array

Array Digital Infrastructure, Inc. is a leading owner and operator of shared wireless communications infrastructure in the United States. Array owns 4,450 cell towers in 19 states and enables the deployment of 5G and other wireless technologies throughout the country. Currently, Telephone and Data Systems, Inc. owns approximately 81.9% of the outstanding capital stock of and 95.9% of the voting interests in Array.

Forward-Looking Statements

All information set forth in this news release, except historical and factual information, represents forward-looking statements. This includes all statements about the Company’s plans, beliefs, estimates, and expectations. These statements are based on current estimates, projections, and assumptions, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Important factors that may affect these forward-looking statements include, but are not limited to: whether the Proposal will be accepted, rejected, consummated or abandoned; whether the Proposal, if accepted or completed, will result in additional value for the Company’s shareholders; whether the transaction process relating to the Proposal could result in adverse effects on the Company’s business; the manner in which Array’s remaining business is conducted; strategic decisions regarding the tower business; whether the additional spectrum license sales to T-Mobile and the previously announced spectrum license sales to Verizon will be consummated; whether Array can monetize the remaining spectrum assets; competition in the tower industry; economic and business risks associated with fixed rate annual escalators on colocation revenue contracts; Array’s reliance on a small number of tenants for a substantial portion of its revenues; the ability to attract people of outstanding talent; inability to protect Array’s real estate rights, with respect to land leases; advances or changes in technology; impacts of costs, integration problems or other factors associated with acquisitions, divestitures or exchanges of properties; uncertainties in Array’s future cash flows and liquidity and access to the capital markets; the ability to make payments on indebtedness or comply with the terms of debt covenants; conditions in the U.S. telecommunications industry; the value of assets and investments, including significant investments in wireless operating entities Array does not control; pending and future litigation; cyber-attacks or other breaches of network or information technology security; control by TDS; disruption in credit or other financial markets; deterioration of U.S. or global economic conditions; and extreme weather events. Investors are encouraged to consider these and other risks and uncertainties that are more fully described under “Risk Factors” in the most recent filing of Array’s Form 10-K for the fiscal year ended December 31, 2025 and Array’s Form 10-Q for the quarter ended March 31, 2026.

View original content:https://www.prnewswire.com/news-releases/array-digital-infrastructure-forms-special-committee-of-independent-directors-in-response-to-receipt-of-non-binding-proposal-from-tds-302766589.html

SOURCE Array Digital Infrastructure, Inc.

HYDERABAD, India, May 8, 2026 /PRNewswire/ — According to recent reports from Mordor Intelligence, the global wind power market size in terms of installed base is expected to grow from 1.4 Terra-watt in 2026 to reach 2.31 Terra-watt by 2031, growing at a CAGR of 10.52%. Expansion is being supported by rising corporate renewable-energy agreements, large offshore wind installations, and favorable government incentives that improve project financing.

Demand from AI-driven data centers is also accelerating long-term clean power contracts. Meanwhile, floating wind technology is unlocking deeper offshore locations with stronger wind capacity, although raw material costs and rare-earth supply risks continue to challenge profit 

Wind Power Market Drivers and Key Trends: 

Expansion of High-Capacity Turbines 

The shift toward larger wind turbines is improving project efficiency by lowering installation and maintenance costs while increasing energy output. Developers are now exploring locations that were previously considered less profitable, especially in offshore regions. Although transporting oversized components remains challenging, ongoing upgrades in ports and logistics infrastructure are helping ease these issues and strengthening the long-term competitiveness of the wind power market. 

“Assessment of the wind power market increasingly requires comparison across project pipelines, policy direction, and regional investment activity, making transparent research assumptions and source validation critical for executive decision-making. Mordor Intelligence applies a structured methodology grounded in cross-verified industry data and consistent market tracking to support commercially reliable interpretation of sector developments” says Himanshu Vasisht, Senior Research Manager, Mordor Intelligence. 

Rising Renewable Deals from Data Centers 

Technology companies and cloud service providers are increasingly signing long-term renewable energy agreements to support growing electricity demand from AI and digital infrastructure. These contracts provide stable revenue for developers and encourage new wind projects near major grid connections and data hubs, making clean energy procurement a core business strategy rather than just a sustainability effort. 

Government Support Strengthening Investments 

Policy measures in the United States and Europe continue to support wind energy expansion through incentives, simplified approvals, and local manufacturing initiatives. These programs are improving investor confidence, reducing financing pressure, and helping developers move projects forward more quickly across key markets. 

Access Detailed Market Insights with Region-Specific and Japan-Focused Editions: https://www.mordorintelligence.com/ja/industry-reports/global-wind-power-market?utm_source=prnewswire 

Wind Power Industry Segmentation Insights:

By Location 

• Onshore 
• Offshore 

By Turbine Capacity 

• Up to 3 MW 
• 3 to 6 MW 
• Above 6 MW 

By Application 

• Utility-scale 
• Commercial and Industrial 
• Community Projects 

By Component (Qualitative Analysis) 

• Nacelle/Turbine 
• Blade 
• Tower 
• Generator and Gearbox 
• Balance-of-System 

By Geography 

• North America 
• Europe 
• Asia Pacific 
• South America 
• Middle East and Africa 

For a full breakdown of wind power industry, segmentation data, and competitive intelligence, access the details of the Mordor Intelligence report: https://www.mordorintelligence.com/industry-reports/global-wind-power-market?utm_source=prnewswire

Wind Power Market Trends by Region

Asia-Pacific continues to lead the wind power market, supported by large-scale installations, expanding offshore projects, and strong government-backed renewable energy programs. Countries such as China and India remain key growth engines, while Japan, South Korea, and Vietnam are increasingly focusing on floating wind and export-linked clean energy projects. 

Europe remains a center for offshore wind innovation, driven by faster permitting systems, local manufacturing expansion, and repowering of older wind farms. Countries across the region are upgrading existing infrastructure with advanced turbines to increase efficiency without requiring additional land. 

In North America, the market shows steady onshore development despite policy uncertainty surrounding offshore leasing. Grid connection delays remain a challenge in several regions, although supportive clean-energy incentives continue to encourage investment activity. 

Wind Power Companies 

• Acciona Energia 
• Duke Energy 
• EDF 
• Ørsted 
• NextEra Energy 
• E.ON 
• Iberdrola 
• Enel Green Power 
• Pattern Energy 
• Invenergy 
• General Electric Vernova 
• Vestas 
• Siemens Gamesa 
• Goldwind 
• Envision Energy 
• MingYang Smart Energy 
• Suzlon 
• Nordex 
• Enercon 
• Dongfang Electric 
• CSIC Haizhuang 

Check out related reports published by Mordor Intelligence:   

Wind Turbine Blade Recycling Market: the global wind turbine blade recycling industry report is categorized by blade material, recycling method, and region. The study covers carbon fiber, glass fiber, physical recycling, thermo-chemical recycling, and key regions including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa 

LM Wind Power, Siemens Gamesa Renewable Energy SA, Vestas Wind Systems A/S, Veolia Environnement S.A, Arkema S.A. are major companies operating in the market: https://www.mordorintelligence.com/industry-reports/wind-turbine-blade-recycling-market/companies?utm_source=prnewswire   

Base Metals Market: report covers segmentation by source, metal type, end-user industries, and key regions including Asia-Pacific, North America, Europe, South America, and Middle East and Africa, with market forecasts presented in volume (tons). 

BHP, Freeport-McMoRan, Rio Tinto, Vale S.A, Glencore are major companies operating in the market: https://www.mordorintelligence.com/industry-reports/base-metals-market/companies?utm_source=prnewswire 

About Mordor Intelligence:     

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.     

With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.     

For any inquiries, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/contact-us

Logo: https://mma.prnewswire.com/media/2746908/Mordor_Intelligence_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/wind-power-market-growing-at-a-cagr-of-10-52-by-2031-driven-by-renewable-power-demand-and-asia-pacific-dominance-reports-mordor-intelligence-302766816.html

SOURCE Mordor Intelligence Private Limited

BUENOS AIRES, Argentina, May 7, 2026 /PRNewswire/ — Cresud S.A.C.I.F. y A. (NASDAQ: CRESY, BYMA: CRES), leading Argentine agricultural company, announces today its results for the third quarter of FY 2026 ended March 31, 2026.

HIGHLIGHTS

• Net income for the nine-month period of FY2026 recorded a gain of ARS 231,308 million, compared to a gain of ARS 77,358 million in the same period of FY2025, mainly driven by the operating performance of the Urban Properties and Investments business (IRSA).
• Adjusted EBITDA for the period reached ARS 202,839 million, 12.0% below the same period of FY2025. Adjusted EBITDA from the agribusiness segments was a gain of ARS 13,646 million, while the Urban Properties and Investments segment (through IRSA) recorded a gain of ARS 214,587 million.
• The 2026 campaign is progressing under generally favorable weather conditions, except in some regions where BrasilAgro operates, amid rising international commodity prices and higher input costs. We planted 311,000 hectares across the region, 4.2% above the previous campaign.
• Argentina recorded solid grain production results, with record wheat production and strong development of summer crops —soybeans and corn— supporting good yields and production levels. Meanwhile, BrasilAgro faces a more challenging environment, impacted by adverse weather events in certain regions, tighter margins in some crops, and a lower contribution from sugarcane.
• Livestock activity continues to benefit from firm cattle prices, supported by international demand and a strong local market, allowing for solid production margins.
• Subsequent to quarter-end, we issued Series LII and LIII notes in the local market for a total amount of USD 64.2 million, reducing the company’s average financing cost.

Financial Highlights
(In millions of Argentine Pesos)
9M FY 2026 ended March 31, 2026

The Company’s market capitalization as of March 31, 2026, was approximately USD 902.2 million. (70,930,830 ADS with a price per ADS of USD 12.72)

Cresud, leading Argentinean agricultural company with a growing presence in Latin American countries, cordially invites you to participate in its third quarter of the FY 2026 Results Conference Call on Friday, May 8, 2026, at 12:30 PM Eastern Time / 01:30 PM BA Time.

To access the Webinar:

https://us02web.zoom.us/webinar/register/WN_WC3YC9wUQFGk8366I7q9rw

Webinar ID: 891 9471 0565

Password: 121281

In addition, you can participate by dialing the following numbers:

Argentina: +54 115 983 6950, +54 341 512 2188, +54 343 414 5986, +54 112 040 0447

Israel: +972 3 978 6688, +972 2 376 4509, +972 2 376 4510

Brazil: +55 21 3958 7888, +55 11 4632 2236, +55 11 4632 2237, +55 11 4680 6788, +55 11 4700 9668

US: +1 719 359 4580, +1 929 205 6099, +1 253 205 0468, +1 253 215 8782, +1 301 715 8592

Chile: +56 41 256 0288, +56 22 573 9304, +56 22 573 9305, +56 23 210 9066, +56 232 938 848

UK: +44 330 088 5830, +44 131 460 1196, +44 203 481 5237, +44 203 481 5240, +44 208 080 6591

Investor Relations Department.

https://www.cresud.com.ar/home-inversores.php?lng=en

Cresud S.A.C.I.F. y A.

+5411 4323-7449

ir@cresud.com.ar

Follow us on Twitter: @cresudir

View original content:https://www.prnewswire.com/news-releases/cresud-sacif-y-a-announces-its-results-for-the-third-quarter-of-fiscal-year-2026-ended-march-31-2026-302766346.html

SOURCE CRESUD S.A.C.I.F. y A.

BIRMINGHAM, Ala., May 7, 2026 /PRNewswire/ — Books-A-Million is proud to participate in Better Basics Reads, the largest annual volunteer initiative led by education nonprofit Better Basics, bringing the joy of reading to thousands of students across the Birmingham metro area.

On Thursday, May 7, Books-A-Million associates will join hundreds of community volunteers to read in classrooms throughout Birmingham City Schools, helping inspire a love of literacy among young learners. The one-day event is part of a broader, multi-district campaign reaching more than 14,000 students across 42 partner schools.

In support of this effort, Books-A-Million is also making a $30,000 donation to Better Basics to help expand access to books and literacy programming for students across the region.

Formerly known as Birmingham Reads, the Better Basics Reads program mobilizes more than 700 volunteer readers annually, who each spend time reading and engaging in discussion with students in Pre-K through fifth-grade classrooms. The initiative underscores the critical role literacy plays in academic success and lifelong opportunity.

“Research tells us that having books in the home is the single greatest predictor of a child’s academic success,” said Catherine Goudreau, Executive Director of Better Basics. “Putting books into the hands of children is woven into everything we do and Better Basics Reads is the moment we invite the whole community to be part of that effort.”

This year’s program includes participation from Birmingham City Schools, Fairfield City Schools, Bessemer City Schools, i3 Academy, Restoration Academy, and new partner districts Tarrant City Schools and Legacy Prep. Volunteers from across the community—including local organizations, civic leaders, and guest readers—will dedicate time to fostering enthusiasm for reading among students.

For Books-A-Million, headquartered in Birmingham, the initiative reflects a longstanding commitment to literacy, education, and community engagement.

“At Books-A-Million, we believe books have the power to change lives,” said Olivia McDaniel, Vice President of Marketing at Books-A-Million. “Birmingham isn’t just part of our home state—it’s where we’re headquartered, and it’s a community we’re deeply proud to serve. Participating in Better Basics Reads is a meaningful way for us to give back, connect with local students, and help spark a lifelong love of reading.”

In addition to volunteer efforts, Better Basics Reads includes book distributions to ensure students have access to reading materials beyond the classroom—an essential component in building strong literacy skills.

About Books-A-Million

Books-A-Million is the second-largest bookstore retailer in the United States, with more than 220 stores located primarily across the East Coast, South, and Midwest. Founded in 1917 as a small newsstand in Florence, Alabama, the company has grown into a leading bookseller offering a wide range of books, magazines, toys, and gifts. In addition to its brick-and-mortar locations, Books-A-Million operates a robust online storefront and a popular membership-based loyalty program, the Millionaire’s Club, which provides members with exclusive discounts and special offers. Books-A-Million places a strong emphasis on personalized customer service, numerous author events, and a diverse selection of genres and merchandise—catering to a broad spectrum of customers.

Media Contact:
Olivia McDaniel
mcdanielo@booksamillion.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/books-a-million-joins-better-basics-reads-donates-30-000-to-support-literacy-for-14-000-birmingham-area-students-302766310.html

SOURCE Books-A-Million, Inc.