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Matthews International Increases Quarterly Dividend

https://www.globenewswire.com/news-release/2025/11/19/3191452/12919/en/Matthews-International-Increases-Quarterly-Dividend.html
Represents Company's 32nd consecutive dividend increase Represents Company's 32nd consecutive dividend increase ...

Matthews International Announces Board Chair Transition - Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/pressreleases/25/11/g48962803/matthews-international-announces-board-chair-transition
PITTSBURGH, Nov. 19, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) ( "Matthews" or the "Company" ) today announced that its Board of Directors has unanimously elected J. Michael Nauman to serve as the next Chairman of the Board, effective following the 2026 ...

Matthews International Announces Board Chair Transition

https://www.globenewswire.com/news-release/2025/11/19/3191436/12919/en/Matthews-International-Announces-Board-Chair-Transition.html
J. Michael Nauman will succeed Alvaro Garcia-Tunon as Chairman following upcoming annual shareholder meeting ...

Matthews International Announces Board Chair Transition

https://markets.businessinsider.com/news/stocks/matthews-international-announces-board-chair-transition-1035579311
J. Michael Nauman will succeed Alvaro Garcia-Tunon as Chairman following upcoming annual shareholder meeting Nauman brings over 35 years of specialty products and technical expertise

Matthews International Announces Sale of Warehouse Automation Business for $230 million - Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/pressreleases/25/11/g48832918/matthews-international-announces-sale-of-warehouse-automation-business-for-230-million
Cash proceeds to be used to reduce debt and strengthen balance sheet Further positions Company to deliver enhanced shareholder value
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Matthews International Announces Fourth Quarter and Fiscal Year 2025 Earnings Release and Conference Call - Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/pressreleases/25/11/g48734905/matthews-international-announces-fourth-quarter-and-fiscal-year-2025-earnings-release-and-conferen
PITTSBURGH, Nov. 07, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( Nasdaq GSM: MATW ) today announced plans to release its fourth quarter and fiscal year 2025 earnings results after the market closes on Thursday, November 20, 2025.

Matthews International Announces Fourth Quarter and Fiscal Year 2025 Earnings Release and Conference Call

https://www.globenewswire.com/news-release/2025/11/07/3183969/12919/en/Matthews-International-Announces-Fourth-Quarter-and-Fiscal-Year-2025-Earnings-Release-and-Conference-Call.html
PITTSBURGH, Nov. 07, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( Nasdaq GSM: MATW ) today announced plans to release its fourth quarter and fiscal year 2025 earnings results after the market closes on Thursday, November 20, 2025.

Inside the Fintech Platform Winning Over a New Generation of Investors in Asia

https://www.fool.com/coverage/filings/2025/10/31/inside-the-fintech-platform-winning-over-a-new-generation-of-investors-in-asia/
Image source: Getty ImagesMATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC disclosed the purchase of 25,257 shares of Futu Holdings Limited ( NASDAQ:FUTU ) , in a trade estimated at ~$4.19 million for the quarter ended September 30, 2025, according to its October 16, 2025, SEC filing.The fund Added ...

XP's New Backer Sees Opportunity in Brazil's Next Financial Chapter

https://www.fool.com/coverage/filings/2025/10/30/xp-s-new-backer-sees-opportunity-in-brazil-s-next-financial-chapter/
Image source: Getty ImagesOn October 16, 2025, MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC disclosed a new position in XP, acquiring 320,053 shares in a $6.01 million transaction during Q3 2025.According to a filing with the U.S.

The China Fund, Inc. Announces Liquidating Distributions - CHINA FUND ( NYSE:CHN )

https://www.benzinga.com/pressreleases/25/10/n48515550/the-china-fund-inc-announces-liquidating-distributions
BOSTON, Oct. 29, 2025 /PRNewswire/ -- The China Fund, Inc. ( NYSE: CHN ) ( the "Fund" ) announced today that the Fund liquidated as planned on October 29, 2025, and the proportionate interests of stockholders in the assets of the Fund were determined as of that date.
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Matthews International Capital Management Dumps $18 Million Worth of Sea Limited ( NYSE:SE ) Shares: Has the Stock Run Too Far?

https://www.fool.com/coverage/filings/2025/10/19/matthews-international-capital-management-dumps-usd18-million-worth-of-sea-limited-nyse-se-shares-has-the-stock-run-too-far/
On October 16, 2025, Matthews International Capital Management disclosed the sale of 106,055 shares of Sea Limited ( NYSE:SE ) in Q3 2025. This was an estimated $18.17 million trade based on average quarterly pricing for Q3 2025.According to a filing with the Securities and Exchange Commission ...

The China Fund, Inc. Additional Details Regarding Special Meeting of Fund Stockholders to Approve Plan of Liquidation - CHINA FUND ( NYSE:CHN )

https://www.benzinga.com/pressreleases/25/10/n48056343/the-china-fund-inc-additional-details-regarding-special-meeting-of-fund-stockholders-to-approve-pl
BOSTON, Oct. 6, 2025 /PRNewswire/ -- The China Fund, Inc. ( NYSE:CHN ) ( the "Fund" ) announced today that a Special Meeting of Fund stockholders is scheduled to be held virtually at 11:00 a.m. ( Eastern time ) on October 21, 2025 ( the "Special Meeting" ) , to approve a plan of liquidation and ...

Matthews International Prevails in Federal Court Ruling Affirming Arbitration Award Against Tesla - Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/pressreleases/25/10/g48001278/matthews-international-prevails-in-federal-court-ruling-affirming-arbitration-award-against-tesla
PITTSBURGH, Oct. 02, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) ( "Matthews" or the "Company" ) announced today that the United States District Court for the Northern District of California has issued an opinion and order confirming a previous arbitration ...

Matthews International Prevails in Federal Court Ruling Affirming Arbitration Award Against Tesla

https://www.globenewswire.com/news-release/2025/10/02/3160623/12919/en/Matthews-International-Prevails-in-Federal-Court-Ruling-Affirming-Arbitration-Award-Against-Tesla.html
PITTSBURGH, Oct. 02, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) ( "Matthews" or the "Company" ) announced today that the United States District Court for the Northern District of California has issued an opinion and order confirming a previous arbitration ...

Breakthrough Marking Technology Unveiled by Matthews Marking Systems - Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/pressreleases/25/09/g47852181/breakthrough-marking-technology-unveiled-by-matthews-marking-systems
PITTSBURGH, Sept. 24, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) ( "Matthews" or the "Company" ) announces today that its business, Matthews Marking Systems, is unveiling its proprietary Axian Inkjet ( XIJ ) printing technology, a breakthrough innovation ...
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Breakthrough Marking Technology Unveiled by Matthews Marking Systems

https://www.globenewswire.com/news-release/2025/09/24/3155810/12919/en/Breakthrough-Marking-Technology-Unveiled-by-Matthews-Marking-Systems.html
PITTSBURGH, Sept. 24, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) ( "Matthews" or the "Company" ) announces today that its business, Matthews Marking Systems, is unveiling its proprietary Axian Inkjet ( XIJ ) printing technology, a breakthrough innovation ...

Matthews International's Engineering Business Hosting Energy Summit in Germany - Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/pressreleases/25/09/g47712862/matthews-internationals-engineering-business-hosting-energy-summit-in-germany
PITTSBURGH, Sept. 17, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) ( "Matthews" or the "Company" ) announced today that its Matthews Engineering business is hosting an Energy Summit at its Development Center in Vreden, Germany, on September 17-18, 2025.

Matthews International's Engineering Business Hosting Energy Summit in Germany

https://www.globenewswire.com/news-release/2025/09/17/3151677/12919/en/Matthews-International-s-Engineering-Business-Hosting-Energy-Summit-in-Germany.html
PITTSBURGH, Sept. 17, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) ( "Matthews" or the "Company" ) announced today that its Matthews Engineering business is hosting an Energy Summit at its Development Center in Vreden, Germany, on September 17-18, 2025.

THE CHINA FUND, INC. RECORDS THIRD FISCAL QUARTER 2024/2025 RESULTS - CHINA FUND ( NYSE:CHN )

https://www.benzinga.com/pressreleases/25/09/n47583182/the-china-fund-inc-records-third-fiscal-quarter-20242025-results
BOSTON, Sept. 9, 2025 /PRNewswire/ -- The China Fund, Inc. CHN today announced its financial results for its third fiscal quarter ended July 31, 2025.

Matthews International Announces Retirement Plans of CFO Steven F. Nicola and Appointment of Daniel E. Stopar as Successor - Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/pressreleases/25/08/g47221094/matthews-international-announces-retirement-plans-of-cfo-steven-f-nicola-and-appointment-of-daniel
PITTSBURGH, Aug. 19, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) ( "Matthews" or the "Company" ) today announced that Steven F.
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Matthews International Announces Retirement Plans of CFO Steven F. Nicola and Appointment of Daniel E. Stopar as Successor

https://www.globenewswire.com/news-release/2025/08/19/3136032/12919/en/Matthews-International-Announces-Retirement-Plans-of-CFO-Steven-F-Nicola-and-Appointment-of-Daniel-E-Stopar-as-Successor.html
PITTSBURGH, Aug. 19, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) ( "Matthews" or the "Company" ) today announced that Steven F. Nicola, Chief Financial Officer and Treasurer, has advised the Company's Board of Directors ( the "Board" ) of his plans to retire ...

Matthews ( MATW ) Q3 EPS Beats by 30%

https://www.fool.com/data-news/2025/08/07/matthews-matw-q3-eps-beats-by-30/
Matthews International ( NASDAQ:MATW ) , a global provider of memorialization products, industrial technologies, and brand solutions, released its earnings for the third quarter of fiscal 2025 on August 6, 2025. The most notable news was the company's outperformance versus analyst expectations on ...

Matthews International ( MATW ) Lags Q3 Earnings Estimates

https://www.zacks.com/stock/news/2669609/matthews-international-matw-lags-q3-earnings-estimates
Matthews International (MATW) delivered earnings and revenue surprises of -15.15% and +7.73%, respectively, for the quarter ended June 2025. Do the numbers hold clues to what lies ahead for the stock?

Matthews International Reports Results for Fiscal 2025 Third Quarter

https://www.globenewswire.com/news-release/2025/08/05/3127869/12919/en/Matthews-International-Reports-Results-for-Fiscal-2025-Third-Quarter.html
Fiscal 2025 Third Quarter Financial Highlights: ...

Matthews International Declares Quarterly Dividend

https://www.globenewswire.com/news-release/2025/07/30/3124466/12919/en/Matthews-International-Declares-Quarterly-Dividend.html
PITTSBURGH, July 30, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.25 per share on the Company's common stock.
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Nancy Pelosi Just Bought Tech Stock At 71% Discount To Current Price-Here's How - Broadcom ( NASDAQ:AVGO )

https://www.benzinga.com/trading-ideas/long-ideas/25/07/46372755/nancy-pelosi-just-bought-tech-stock-at-71-discount-to-current-price-heres-how
Nancy Pelosi disclosed a new tech stock recently purchased. The stock joins Nvidia as recent big bets by Pelosi and her husband Paul Pelosi. Up Next: Get 5 Dark Horse Stocks Wall Street Is Quietly Loading Up On

Matthews International Announces Third Quarter Fiscal 2025 Earnings Release and Conference Call - Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/pressreleases/25/07/g46355367/matthews-international-announces-third-quarter-fiscal-2025-earnings-release-and-conference-call
PITTSBURGH, July 10, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( Nasdaq GSM: MATW ) today announced plans to release its third quarter fiscal year 2025 earnings results after the market closes on Tuesday, August 5, 2025.

Matthews International Announces Third Quarter Fiscal 2025 Earnings Release and Conference Call

https://www.globenewswire.com/news-release/2025/07/10/3113685/12919/en/Matthews-International-Announces-Third-Quarter-Fiscal-2025-Earnings-Release-and-Conference-Call.html
PITTSBURGH, July 10, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( Nasdaq GSM: MATW ) today announced plans to release its third quarter fiscal year 2025 earnings results after the market closes on Tuesday, August 5, 2025.

How activist Barington Capital can collaborate with Victoria's Secret to improve shareholder value

https://www.cnbc.com/2025/06/21/how-activist-barington-can-collaborate-with-victorias-secret-to-improve-value.html
Barington is no stranger to Victoria's Secret, having been at L Brands prior to the spinoff of the lingerie retailer.

Is the Options Market Predicting a Spike in Matthews International Stock?

https://www.zacks.com/stock/news/2480358/is-the-options-market-predicting-a-spike-in-matthews-international-stock
Investors need to pay close attention to MATW stock based on the movements in the options market lately.
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Matthews International Announces Acquisition of the Dodge Company - Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/pressreleases/25/05/g45359928/matthews-international-announces-acquisition-of-the-dodge-company
PITTSBURGH, May 12, 2025 ( GLOBE NEWSWIRE ) -- Matthews Memorialization, a division of Matthews International Corporation ( NASDAQ GSM: MATW ) ( "Matthews" ) , today announced it has acquired The Dodge Company ( "Dodge" ) for $57 Million.

Matthews International Announces Acquisition of the Dodge Company

https://www.globenewswire.com/news-release/2025/05/12/3079574/12919/en/Matthews-International-Announces-Acquisition-of-the-Dodge-Company.html
PITTSBURGH, May 12, 2025 ( GLOBE NEWSWIRE ) -- Matthews Memorialization, a division of Matthews International Corporation ( NASDAQ GSM: MATW ) ( "Matthews" ) , today announced it has acquired The Dodge Company ( "Dodge" ) for $57 Million. Dodge is a leading supplier of embalming chemicals and ...

Matthews International Announces Closing of SGK Brand Solutions Sale

https://www.globenewswire.com/news-release/2025/05/01/3072852/12919/en/Matthews-International-Announces-Closing-of-SGK-Brand-Solutions-Sale.html
PITTSBURGH, May 01, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) ( "Matthews" or the "Company" ) today announced the successful closing of the sale of its SGK Brand Solutions business ( "SGK" ) to a newly formed entity created by affiliates of SGS & Co ( ...

Matthews International ( MATW ) Lags Q2 Earnings and Revenue Estimates

https://www.zacks.com/stock/news/2459640/matthews-international-matw-lags-q2-earnings-and-revenue-estimates
Matthews International (MATW) delivered earnings and revenue surprises of -5.56% and 1.79%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?

Matthews International Reports Results for Fiscal 2025 Second Quarter

https://www.globenewswire.com/news-release/2025/04/30/3071868/12919/en/Matthews-International-Reports-Results-for-Fiscal-2025-Second-Quarter.html
Fiscal 2025 Second Quarter Financial Highlights: ...
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Matthews International Declares Quarterly Dividend

https://www.globenewswire.com/news-release/2025/04/30/3071738/12919/en/Matthews-International-Declares-Quarterly-Dividend.html
PITTSBURGH, April 30, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.25 per share on the Company's common stock.

Matthews International Declares Quarterly Dividend - Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/pressreleases/25/04/g45111698/matthews-international-declares-quarterly-dividend
PITTSBURGH, April 30, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.25 per share on the Company's common stock.

Matthews International Corporation Announces Clearance of Remaining Foreign Anti-Trust Regulatory Requirements

https://www.globenewswire.com/news-release/2025/04/15/3061832/12919/en/Matthews-International-Corporation-Announces-Clearance-of-Remaining-Foreign-Anti-Trust-Regulatory-Requirements.html
PITTSBURGH, April 15, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Incorporation ( "Matthews" and/or the "Company" ) previously reported, in February 2025, the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the proposed ...

Matthews International Announces Second Quarter Fiscal 2025 Earnings Release and Conference Call - Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/pressreleases/25/04/g44774314/matthews-international-announces-second-quarter-fiscal-2025-earnings-release-and-conference-call
PITTSBURGH, April 11, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( Nasdaq GSM: MATW ) today announced plans to release its second quarter fiscal year 2025 earnings results after the market closes on Wednesday, April 30, 2025.

Matthews International Announces Second Quarter Fiscal 2025 Earnings Release and Conference Call

https://www.globenewswire.com/news-release/2025/04/11/3060342/12919/en/Matthews-International-Announces-Second-Quarter-Fiscal-2025-Earnings-Release-and-Conference-Call.html
PITTSBURGH, April 11, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( Nasdaq GSM: MATW ) today announced plans to release its second quarter fiscal year 2025 earnings results after the market closes on Wednesday, April 30, 2025.
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Matthews Asia Co-Founder Mark Headley Returns as Executive Chairman

https://www.benzinga.com/pressreleases/25/04/g44702805/matthews-asia-co-founder-mark-headley-returns-as-executive-chairman
SAN FRANCISCO, April 08, 2025 ( GLOBE NEWSWIRE ) -- Matthews Asia today announced that co-founder and former Chief Executive Officer ( CEO ) , Mark Headley, has been appointed Executive Chairman and will assume the CEO responsibilities.

THE CHINA FUND, INC. RECORDS FIRST FISCAL QUARTER 2024/2025 RESULTS - CHINA FUND ( NYSE:CHN )

https://www.benzinga.com/pressreleases/25/02/n43991250/the-china-fund-inc-records-first-fiscal-quarter-20242025-results
BOSTON, Feb. 26, 2025 /PRNewswire/ -- The China Fund, Inc. CHN today announced its financial results for its first fiscal quarter ended January 31, 2025.

Matthews International Shareholders Elect All Three of Matthews' Director Nominees at 2025 Annual Meeting - Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/pressreleases/25/02/g43849598/matthews-international-shareholders-elect-all-three-of-matthews-director-nominees-at-2025-annual-m
PITTSBURGH, Feb. 20, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) ( "Matthews" or the "Company" ) , celebrating its 175th year of continuous operation, today announced that, based on preliminary vote results provided by its proxy solicitor following the ...

Matthews International Shareholders Elect All Three of Matthews' Director Nominees at 2025 Annual Meeting

https://www.globenewswire.com/news-release/2025/02/20/3029790/12919/en/Matthews-International-Shareholders-Elect-All-Three-of-Matthews-Director-Nominees-at-2025-Annual-Meeting.html
PITTSBURGH, Feb. 20, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) ( "Matthews" or the "Company" ) , celebrating its 175th year of continuous operation, today announced that, based on preliminary vote results provided by its proxy solicitor following the ...

Leading Proxy Advisory Firm ISS Reaffirms its Unanimous Recommendation for the Election of ALL of Barington Capital's Nominees Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board - Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/pressreleases/25/02/n43826626/leading-proxy-advisory-firm-iss-reaffirms-its-unanimous-recommendation-for-the-election-of-all-of-
ISS Finds "the Board Should Have Already Taken Steps to Install These Provisions, Rather Than Ignoring Them Until the Final Stage of a Proxy Contest"
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Tesla Files Fresh Lawsuit Against Matthews After Court Defeat - Tesla ( NASDAQ:TSLA ) , Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/news/legal/25/02/43778605/tesla-files-fresh-lawsuit-against-matthews-after-court-defeat
U.S. court denies Tesla's request to block Matthews' DBE sales. Tesla files yet another lawsuit in Federal Court against Matthews. Matthews plans to defend this additional lawsuit while pursuing in parallel claims against Tesla for its wrongful conduct.

Barington Capital Calls on Matthews International Shareholders to Elect Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board to Help Restore Good Governance and Drive Value Creation - Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/pressreleases/25/02/n43767761/barington-capital-calls-on-matthews-international-shareholders-to-elect-ana-amicarella-chan-galbat
Sends Letter to Matthews' Shareholders Highlighting the Company's Poor Governance, Deeply Troubling Board Culture and Desperate, Last-Ditch Effort to Placate Shareholders Ahead of 2025 Annual Meeting

Matthews International Appoints Thomas Gebhardt to Board of Directors - Matthews International ( NASDAQ:MATW )

https://www.benzinga.com/pressreleases/25/02/g43766635/matthews-international-appoints-thomas-gebhardt-to-board-of-directors
Mr. Gebhardt Brings Significant Experience in Batteries and EV Technology Solutions Gregory Babe to Resign from Board, Effective Immediately

Matthews International Appoints Thomas Gebhardt to Board of Directors

https://www.globenewswire.com/news-release/2025/02/17/3027296/12919/en/Matthews-International-Appoints-Thomas-Gebhardt-to-Board-of-Directors.html
Mr. Gebhardt Brings Significant Experience in Batteries and EV Technology Solutions ...

U.S. District Court Judge Once Again Denies Tesla's Request to Block Matthews International from Selling Its Innovative Dry Battery Electrode Solutions to Others

https://www.globenewswire.com/news-release/2025/02/17/3027226/12919/en/U-S-District-Court-Judge-Once-Again-Denies-Tesla-s-Request-to-Block-Matthews-International-from-Selling-Its-Innovative-Dry-Battery-Electrode-Solutions-to-Others.html
PITTSBURGH, Feb. 17, 2025 ( GLOBE NEWSWIRE ) -- Matthews International Corporation ( NASDAQ GSM: MATW ) ( "Matthews" or the "Company" ) today announced that a U.S. District Court Judge has issued an order denying Tesla's renewed request to block Matthews' right to sell its innovative DBE ...
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