Sentences with phrase «by shareholders of»

The closing of the transaction is subject to approval by the shareholders of Sunrise.
This on - going and well publicised case concerns a challenge brought by shareholders of Lloyds Banking Group against the directors of the bank for alleged breaches of various duties the shareholders claimed the directors owed them.
The case was brought by the shareholders of El Paso Cop.
The transaction is subject to customary closing conditions, including approval by the shareholders of iKang and is expected to close in the third quarter of 2018.
Mr. Klieger is currently representing Mr. Redstone in a Los Angeles County Superior Court action to recover $ 150 million from Ms. Herzer and another former companion, and in several derivative actions filed by shareholders of Viacom and CBS in the Delaware Court of Chancery.
Three days later, CanniMed entered into an agreement to acquire Newstrike Resources Ltd. by way of a corporate arrangement that would be subject to approval by the shareholders of both companies at meetings scheduled to be held in January 2018.
As set out in National Instrument 62 - 202 Take - Over Bids — Defensive Tactics, the guiding policy in Canada is that the outcome of a take - over bid should be decided by the shareholders of the issuer, not the board of directors or management.
On the sell - side, the team was instructed by the shareholders of The Farleigh Group in relation to the sale of its issued share capital to Wealth at Work, a PE - backed provider of financial education in the workplace.
This transaction is subject to the satisfaction of a number of closing conditions, including, among others, the approval of the merger by the shareholders of Tele2 and Com Hem, respectively, the effectiveness of a registration statement on Form F - 4 to be filed by Tele2 with the US Securities and Exchange Commission to register the shares to be issued in the merger, and the receipt of the requisite regulatory approvals.
Furthermore, Sullivan & Cromwell have explained that, «The SEC also indicates that there have been increasing requests for climate - related disclosures by shareholders of public companies.»
, «The SEC also indicates that there have been increasing requests for climate - related disclosures by shareholders of public companies.»
That acquisition was approved by shareholders of both companies on Friday.
Vanguard is effectively owned by the shareholders of its mutual funds, who are rewarded for their ownership through lower annual expenses.
Matters such as election of Trustees are not subject to separate voting requirements and may be acted upon by shareholders of the Trust voting without regard to series.
Vanguard is effectively owned by the shareholders of its funds, and it benefits those shareholders by operating its funds at cost.
Moreover, the purchaser of a security futures contract does not receive the corporate disclosures that are received by shareholders of the underlying security, although such corporate disclosures must be made publicly available through the SEC's EDGAR system, which can be accessed at www.sec.gov.
GAMCO has announced that, to the extent it has voting authority over its investment advisory accounts, GAMCO intends to vote AGAINST approval of the Incentive Bonus Agreement between the Issuer and Sardar Biglari, dated April 30, 2010 (the «Agreement») at a special meeting of shareholders of the Issuer at which the Agreement will be submitted for approval by the shareholders of the Issuer.
Vanguard is owned by the shareholders of its mutual funds, so it does not benefit the company to charge more in fees than is truly necessary.
Condominiums are not owned (usually) by shareholders of a corporation.
To make a claim please fill out this Statutory declaration for claims by shareholders of deregistered companies.
@FiveBagger, Re: Embezzlement by an insider; wouldn't this loss then be captured by the organization, not by the shareholders of the organization?
The information in this marketing piece and any accompanying information is subjective opinion and may not be complete, accurate or current and was paid for directly or indirectly by shareholders of the profiled company who may or will profit as a result of the preparation, publication and distribution of this marketing piece and accompanying information.
The agreement is subject to certain conditions including the approval by shareholders of both Conviviality and Punch, and is expected to be finalised in October.
Buffett indicated last month that a rejection by shareholders of his plan to take a larger stake in Home Capital would not be cause for him to walk away from the investment.
Vanguard is actually owned by the shareholders of its mutual funds.
The notice must be submitted by a shareholder of record and must set forth the information required by the Company's bylaws with respect to each director nomination or other proposal that the shareholder intends to present at the 2015 annual meeting of shareholders.
Homemade Dividend - Homemade Dividend is a business or corporate investment income that comes from the sale of a portion of shares of stock certificates held by the shareholder of record.
Please see below a link to the IRS Form 8621, «Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund.»
Although beyond the scope of this article, the tax complexities can be mitigated by making a qualified electing fund election under Sec. 1295 on Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund.
The QEF election is generally made on Form 8621 («Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund») on or before the due date, including extensions, for the income tax return with respect to the tax year to which the election relates.
Each of the funds has made an election with the SEC to pay in cash all redemptions requested by any shareholder of record limited in amount during any 90 - day period to the lesser of $ 250,000 or 1 % of its net assets at the beginning of such period.
The fund has made an election with the SEC to pay in cash all redemptions requested by any shareholder of record limited in amount during any 90 - day period to the lesser of $ 250,000 or 1 % of its net assets at the beginning of such period.
Involved a dispute over the application of the rule against recovery by a shareholder of reflective loss, and a double derivative claim made in respect of a Cayman company with a BVI parent.
the classification of the intervention as a decision adopted by a shareholder of the undertaking in question» is decisive for the applicability of the private investor test to a public intervention.
Any expenses incurred by the shareholder of a corporation for pursuing a claim accusing any director or officer, and organization is lawfully obliged to pay as per the ruling of a court.

Not exact matches

In addition to Jacobson, six others of the 10 - member board will be replaced by members backed by Icahn and Deason, while the two shareholders will withdraw their proxy fight as part of the settlement.
Warren Buffett «s Berkshire Hathaway Inc. (brk - a) has become Bank of America Corp's (bac) largest shareholder by exercising its right to acquire 700 million shares at a steep discount, more than tripling an investment it made six years ago.
In a statement, Viacom lead director Salerno, among the directors targeted for removal, called Thursday's action a «brazen and demonstrably invalid attempt» by Shari Redstone «to gain control of Viacom and its management in disregard of Sumner Redstone's wishes,» at odds with the board's efforts «to represent the best interests of all of the shareholders of Viacom.»
Xerox's CEO and most of its board are heading for the exit to settle a suit waged by Carl Icahn and fellow shareholder Darwin Deason.
Balance sheet, income statement, cash flow statement, statement of changes in shareholders» equity and information by business division included in this press release are extracted from the condensed consolidated financial statements at 31 March 2018 reviewed by the Board of Directors of Arkema SA on 2 May 2018.
Of course, the social network is a corporation controlled by its shareholders (primarily Mark Zuckerberg), and therefore it isn't required to adhere to the free - speech dictates of the First AmendmenOf course, the social network is a corporation controlled by its shareholders (primarily Mark Zuckerberg), and therefore it isn't required to adhere to the free - speech dictates of the First Amendmenof the First Amendment.
So Viacom's new chairman is not only unloved by some large shareholders, but also unloved by his own vice-chairman, the daughter of the company's controlling shareholder and one of the people who will direct Redstone's assets after his death.
May 1 - Jacob Jacobson agreed to resign as Xerox Corp's chief executive as part of a settlement of a lawsuit brought by the company's shareholders that raised questions over Xerox's agreed deal with Japan's Fujifilm Holdings Corp, a New York court filing showed on Tuesday.
MILAN, April 23 - A judge ruled in favor of an appeal by Telecom Italia and its leading investor Vivendi to block a vote on some board director replacements proposed by activist fund Elliott at an April 24 shareholders meeting, a court document showed.
Dividends, the share of their revenues that companies pay to their shareholders, are a big deal: Over the past century, they've accounted for roughly half of total returns earned by stock investors.
Xerox said its CEO and most of its board will step down to settle a suit by activist shareholders Carl Icahn and Darwin Deason.
NEW YORK / TOKYO, May 2 - Xerox Corp said its CEO and most of its board will step down to settle a suit brought by shareholders Carl Icahn and Darwin Deason, with new management planning to look at restructuring or terminating a contentious deal with Fujifilm Holdings.
JERSEY CITY, N.J. / BOSTON, May 2 - Goldman Sachs Group Inc leaders said more than 87 percent of shares were voted in favor of its executive pay at its annual shareholder meeting, and that a stock plan for employees was approved by more than 65 percent of votes cast.
Shareholders led by the Arkansas Teacher Retirement System and Fresno County Employees» Retirement Association in California accused Facebook of concealing internal concerns about how growth in mobile devices might reduce revenue, even as it quietly warned its banks to cut their forecasts.
Wealthy shareholder Gordon Gekko (played by Michael Douglas) addresses other stockholders at a shareholder meeting of the fictional firm Teldar Paper:
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