Sentences with phrase «boards of directors of both companies»

The phrase "boards of directors of both companies" refers to the group of individuals who oversee and make important decisions for two separate companies. Full definition
With any item on the proxy, the current Board of Directors of a company will provide recommendations on what shareholders should vote for and against.
The transaction was unanimously approved by the board of directors of both companies and is expected to close in the second half of 2018, if it's approved by regulators and shareholders.
Nash will remain on the board of directors of the company.
The agreement has been approved unanimously by the boards of directors of both companies.
When she begins work this month at HBC, Foulkes will also be appointed to the board of directors of the company, which owns its flagship retailer, as well as Saks Fifth Avenue and Lord & Taylor.
Following this review, the Board of Directors of the Company unanimously rejected the indication of interest and determined that it provided no basis for further discussion between Mondelēz and the Company.
The all - cash transaction has been unanimously approved by the board of directors of both companies will create the leading Mid-Atlantic electric and gas utility.
«When the board of directors of a company decides to buy - back its stock in the open market, it may well be a sign that they believe the shares are undervalued and do not adequately reflect the prospect for growth.
Since 2004 he was an independent manager of a Family Office advising several SICAV and is currently member of the Board of Directors of companies in different sectors.
Conceptually, the optimal approach is to require each investor to purchase a percentage equal to its pro rata ownership among the investor group of that portion of the financing allocated to the existing investors by the board of directors of the company, with the balance of the financing (if any) being purchased by the new investors.
He still serves on the board of directors of the company, which went public on the New York Stock Exchange in 2014.
The Railway Workers Union also demanded the immediate dissolution of the board of directors of the company and salary adjustments for the workers before they consider calling an end to their strike.
The board of directors of the company, Physicians» Reciprocal Insurers, has instead retained Bruce Shulan, managing partner of the Connecticut - based firm The Princeton Partnership, in an effort to turn around the financially troubled operation.
Since the council chairmanship was terminated by the Abacha coup in November 1993, I have represented the state on the Board of Directors of companies, appointed Chairman of the Law Commission and unprecedentedly appointed three times as commissioner in the state cabinet and as a delegate to the 2014 Confab, among others.
He presently serves as a member of the Board of Directors of both companies.
MARKET WATCH - Apr 6 - Spark Networks announced today that the Special Committee of the Board of Directors of the Company has unanimously rejected the March 2, 2010 proposal by Great Hill Equity Partners III, LP and certain of its affiliates to purchase all of the outstanding shares of common stock of the Company not owned by Great Hill for $ 3.10 per share and will continue to consider all other strategic alternatives available to the Company.
Given our concerns, my colleague Richard Mansouri and I thought it would be most constructive to seek dialogue with the Board of Directors of the Company as soon as is possible, as it is our preference to resolve this situation in an amicable manner.
On February 25, 2013, Mr. Riggio notified the Board of Directors of the Company (the «Board») he plans to propose to purchase all of the assets of the retail business of the Company.
Mr. Riggio has advised the Board of Directors of the Company that he has suspended his efforts to make an offer for the Company's retail business.
The transaction represents a premium of 32 percent over Xoom's three - month volume - weighted average price and was unanimously approved by the Boards of Directors of both companies, as well as the Board of eBay, PayPal's parent company (for the time being).
The board of directors of the company can elect to pay a certain amount per share per period.
Under the terms of the agreement, which was unanimously approved by the boards of directors of both companies, Ikanos will purchase Conexant's Broadband Access product line for $ 54 million in cash and the assumption of certain employee and facility related liabilities.
Also, if you are investing a in a dividend paying stock, you need to remember that the Board of Directors of the company declares the dividend as often as they see fit.
Nyer Medical Group, Inc., (NYER: News) announced that on May 12, 2010, pursuant to its previously announced, shareholder - approved Plan of Dissolution, the Board of Directors of the company approved a sole and final liquidating distribution of $ 2.08 per common share to holders of the company's common stock as of record date.
Ms. Day will remain on the Board of Directors of both companies, but will not continue on the Audit, Nominating and Corporate Governance, and Compensation Committees.
The objective of the Investment operations is to provide income and realized gains on investments, primarily from investments in debt securities consistent with investment guidelines approved by the Board of Directors of each company making the investment and taking into consideration state regulatory restrictions.
Equitymaster's investment in the subject company is as per the guidelines prescribed by the Board of Directors of the Company.
HOLLISTON, Mass., May 13 / PRNewswire / — Nyer Medical Group, Inc., («Nyer») announced that on May 12, 2010, pursuant to its previously announced, shareholder - approved Plan of Dissolution, the Board of Directors of the Company approved a sole and final liquidating distribution of $ 2.08 per common share to holders of the Company's common stock as of record date.
Two VaxGen Inc (OTC: VXGN) shareholders have sent a letter to the board of directors of the company claiming that the directors have failed in their fiduciary duties to shareholders.
The Investor believes that it would serve the best interests of the Company and its stockholders for the Nominating / Corporate Governance Committee of the Company (the «Committee») to nominate the following two candidates (each a «Candidate» and together the «Candidates») to the Board of Directors of the Company (the «Board») at the 2009 Annual Meeting of Stockholders of the Company (the «2009 Annual Meeting»):
The transaction, which has been approved by the boards of directors of both companies, will operate under the Marriott name with a total of 30 brands, although some brands may be...
Marriott International, Inc. and Starwood Hotels & Resorts Worldwide, Inc. announced today that the boards of directors of both companies have unanimously approved a definitive merger agreement under which the companies will create the worldâ $ ™ s largest hotel company.
The boards of directors of both companies unanimously approved a definitive merger agreement earlier this year.
The board of directors of the Company has today received information from THQ Nordic's majority shareholders, Lars Wingefors AB [1] and Xagonus AB [2], that they propose that Ulf Hjalmarsson is elected as a new director of the Company.
Dow and Olin announced on Friday (27 March) that the boards of directors of both companies unanimously approved the agreement.
Rolfe v Rolfe (2010)[2010] 2 BCLC 525 Appeared in a High Court trial on behalf of a shareholder in relation to a dispute over the composition of the board of directors of a company.
Not protected is, in particular, any information that the attorney receives, for example, as a member of the board of directors of a company.
The boards of directors of both companies have approved the transaction but has yet to be voted in by Jimmy Choo's shareholders.
When I became involved, I looked at the company website and discovered a senior partner at the current law firm was on the board of directors of this company — which the new business «team» never bothered checking or even asking about.
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