Sentences with phrase «shareholders of both companies received»

Not exact matches

While shareholders will receive only the slightest of premiums on their 12 - cent share price, the big winners are bondholders, who will recoup a greater share of their loans and not be saddled with stock in an operationally troubled and undercapitalized company.

That company's shareholders will receive 1.65 shares of Series A QVC Group common stock for each common share of HSNi, marking a 29 percent premium.

Scana shareholders will receive 0.6690 shares of Dominion Energy for each share held, or the equivalent of about $ 55.35, the companies said.

EQT said shareholders will receive a pro rata share of the new company.

The company is headlined by Alan Stein and Jon Taylor, both of whom will join the Azonto board as Managing Director and Technical Director after Azonto receives shareholder approval to change its name to Calima Energy.

GPS Online.com Limited managing director Bob Angel said the company received applications for more than double the number of shares being offered in the prospectus to non-Telco Australia Limited shareholders.

In a joint statement, the two companies said Wednesday that Deutsche Telekom AG, the owner of T - Mobile USA, will hold 74 percent of the new business, while MetroPCS's shareholders will hold the remainder, as well as receiving a payment of about $ 1.5 billion.

Under the terms of the agreement, Dr Pepper Snapple shareholders will receive $ 103.75 per share in a cash dividend and retain 13 % of the combined company.

B.C.'s Liberal Party, like its opponents, received a number of corporate donations during the 2013 provincial election, but the companies making them often did not report those donations to shareholders.

SABMiller's strategic shareholders, who hold 41 % of the company's stock, would receive a lower offer worth 37.49 a share paid overwhelmingly in the form of a new class of unlisted share with a five - year lock - up period (a premium of only 28 %).

CEA's shareholders would receive 44 percent of the company, with about 9 percent going to the firm's management team.

The investment analysis and market index company said its proxy advisory unit, Institutional Shareholder Services, received a Wells Notice on Sept. 14 related to a whistleblower complaint made against an employee of the unit.

Of course, given that a similar proxy access proposal received 49.9 % of the vote last year, compared to this year's 57 %, company responsiveness to shareholder desires doesn't seem to be deeply ingraineOf course, given that a similar proxy access proposal received 49.9 % of the vote last year, compared to this year's 57 %, company responsiveness to shareholder desires doesn't seem to be deeply ingraineof the vote last year, compared to this year's 57 %, company responsiveness to shareholder desires doesn't seem to be deeply ingrained.

But bear in mind that, according to shareholder advisory group CtW Investment Group, barely 1 % of large company directors received that level of opposition in 2015's proxy season.

I don't mean run it in the red — I mean pay yourself a huge salary, reward yourself with a gigantic bonus regardless of actual company performance, and issue a special class of shares that only you own that gives you ten times the dividends the other shareholders receive.

There are several instances where conversion into common could be advantageous to a preferred shareholder including an acquisition of the company at a value well exceeding the liquidation preferences, where common shareholders receive a greater amount of the acquisition proceeds.

Kraft shareholders will receive 49 percent of the stock in the combined entity, plus a cash dividend of $ 16.50 a share, the companies said in a statement Wednesday.

Quite simply, it is the rate of payback that a shareholder receives on his investment by way of the dividend that a company pays.

Doing this we found a high correlation between the companies on our final list and those that received the highest level of opposition from shareholders voting on these pay packages at the annual meetings.

Because the CNGC already regularly analyzes whether our incentive compensation programs provide proper incentives to our NEOs to achieve our Company's strategic priorities (including ROI) and because our shareholders already receive annual reports on those matters in the CD&A s in our annual proxy statements, we believe the adoption of the policy requested by the proposal is unnecessary, duplicative of practices already followed by the CNGC and our Company, and would result in an expenditure of Walmart's resources and our management's and directors» time that ultimately would not be in our shareholders» best interests.

Our company has received notice of the intention of shareholders to present four separate proposals for voting at the 2013 Annual Shareholders&raqshareholders to present four separate proposals for voting at the 2013 Annual Shareholders&raqShareholders» Meeting.

The CNGC, via the CD&A s included in the Company's annual proxy statements, also already reports to shareholders on an annual basis regarding the relationship between our incentive compensation programs and the Company's ROI performance and how the Company's ROI performance may have a meaningful impact on the amount of compensation our NEOs receive.

EMC shareholders will receive $ 24.05 a share in cash plus tracking stock in VMware, a cloud software company that EMC controls, all of which will be worth a combined $ 33.15.

Shares of First Cobalt have doubled in value since the company received shareholder approval for a three - way merger

Under the terms of the merger agreement, which has been unanimously approved by the Boards of both companies, ILG shareholders will receive $ 14.75 in cash and 0.165 shares of MVW common stock for each ILG share.

Our company has received notice of the intention of shareholders to present five separate proposals for voting at the 2015 Annual Shareholders&raqshareholders to present five separate proposals for voting at the 2015 Annual Shareholders&raqShareholders» Meeting.

Shareholder proposals intended for inclusion in our proxy statement for the 2016 Annual Shareholders» Meeting in accordance with the SEC's Rule 14a - 8 under the Exchange Act must be received by our company in the manner described above no later than the close of business on December 24, 2015.

Last year, over a quarter of Clarkson plc's shareholders voted against the company's remuneration report and binding pay policies after CEO Andi Case received a bonus of just under # 3m.

Receiving regular company updates is important to keep shareholders educated and informed about the progress of the company and their investment.

Current regulations allow a company to exclude a resubmitted proposal from its proxy only if it failed to receive the support of 3 % of shareholders the last time it was voted on; 6 % if it has been voted on twice in the last five years; and 10 % if it was voted on three or more times in the last five years.

It was great for Nexen shareholders, but CNOOC received a lot of negative sentiment from Canadians because it's a State Owned Enterprise, which gives it an unfair market advantage over other energy companies because it's financially and politically backed by one of the richest countries in the world.

This comes a year after a shareholder proposal seeking an assessment of the long term impacts on the company's portfolio of public policies received near - majority support.

Time Warner Cable shareholders would receive 2.875 Comcast shares for each of their shares and wind up with about 25 percent of the combined company.

Shareholders in those companies receive raises in excess of inflation by 4 - 8 % each year.

At last year's annual meeting, the company's advisory vote on executive compensation failed to receive majority support from shareholders, with approximately 29 % of shareholders supporting the proposal; however this was just one of the issues the company faced in the past year.

Sears Holdings has received an offer for some of its assets from an investment company run by its chief executive and biggest shareholder, Edward Lampert, the U.S. retailer said on April 23.

Shareholders who wish to participate in the «ongoing upside of the company» will receive shares valued in excess of $ 14.25 as part of the deal, according to the private equity giant.

The alliance figures into many shareholders» assessment of Mr Ghosn's remuneration because he holds the reins of both companies and receives a paycheque from each.

Similar proposals, also called «Aiming for A,» received well over majority support at a handful of European companies where they were submitted in 2015, due in large part to the fact that in each case the board recommended shareholders vote in favor.

New York Stock Exchange — May 20, 2016 After receiving overwhelming support for its compensation program in the wake of substantial structural and disclosure - related changes announced ahead of the Company's 2015 annual meeting, shareholders must now consider whether these structural features, however robust, can ultimately be expected to reign in compensation that is routinely granted at levels far exceeding peer levels.

While the proposal at the 2015 AGM received 67.4 % shareholder approval, the 2016 AGM looks to continue the Company's preferred approach of sticking to old habits that die hard rather than addressing underlying shareholder concerns, as it has again chosen not to disclose the maximum discount rate.

In the event that (i) the Board of Directors proposes, recommends, approves or otherwise submits to the shareholders of the Company, for shareholder action, a Deemed Liquidation Event, and (ii) a Holder has not received written notice from the holders of a majority of the shares of Key Holder Common Stock that such holders approve the Deemed Liquidation Event, then such Holder hereby agrees to vote (in person, by proxy or by action by written consent, as applicable) all shares of capital stock of the Company now or hereafter directly or indirectly owned of record or beneficially by such Holder against the Deemed Liquidation Event, to assert statutory dissenters» rights with respect to the Deemed Liquidation Event, and to take such other action in derogation of the Deemed Liquidation Event as shall be requested by the holders of a majority of the shares of Key Holder Common Stock in order to carry out the terms and provision of this Section x.y..

When a company receives low support for its say - on - pay proposal, we believe the compensation committee should provide some level of response to shareholders» concerns, including engaging with large shareholders to identify the concerns driving the opposition.

As a shareholder, you could receive earnings from the companies in which you are invested in the form of a cash dividend.

A: When a company receives low support for its say - on - pay proposal (generally less than 75 %), we believe at a minimum the company should provide some level of disclosure regarding the company's response to shareholder opposition; such disclosure, which often includes a discussion of engagement meetings and feedback received, should be accompanied by relevant changes and / or rationale intended to address outstanding concerns.

Exchange ratio - An exchange ratio refers to the number of shares an acquiring company's shareholders will receive in exchange for one share in the acquiring company.

Magna International Inc. chairman Mike Harris received only a minority of shareholder support for his re-election earlier this year but remained on the company's board, according to new disclosure prompted by a rare shareholder lawsuit.

Earlier, the companies said Kraft shareholders will receive stock in the combined company and a special cash dividend of $ 16.50 per share, financed by a $ 10 billion investment from private equity firm 3G Capital and Berkshire Hathaway.

Takeover target Godfreys has warned of soft trading over the past few weeks, which would have caused it to technically breach a covenant, it has already received a waiver from, in a lending agreement with the 99 - year - old major shareholder who launched a cash bid for the company two weeks ago.

Worse, the merger price was even below the amount that shareholders would have received in the company's planned phased liquidation, which the company was considering under pressure from Elliott Management, an activist hedge fund and holder of approximate 15 % of American Capital stock.