Sentences with phrase «company in reorganization»

Not exact matches

On a non-GAAP basis (excluding stock - based compensation expenses, amortization of intangible assets, reorganization costs, goodwill and technology impairment charges, the impact of the US tax reform and a loss from discontinued operations), the Company recorded a net loss of $ (1.6) million, or $ (0.54) per diluted share in 2017, compared with a net loss of $ (375,000), or $ (0.13) per diluted share in 2016.
In these industries, disruption will create opportunities that force «bet the company» decisions about product direction, markets, pricing, supply chain, operations and the reorganization necessary to execute a new business model.
A thorough corporate reorganization and a renewed focus on business - imaging needs kept the company from repeating its mistakes and gave it a fighting chance for success in the modern digital era.
Although the change may come as a surprise to the public and some Starbucks employees, the company has been sending to signals to Wall Street for the last year about its intentions to carry out a the succession plan, announcing a reorganization in the summer that gave Mr. Johnson oversight of the day - to - day operations.
Last month, when it announced its impending Chapter 11 filing, Remington said it hoped to shed $ 700 million in a prepackaged reorganization — a technique that is designed to get a company out of bankruptcy as soon as possible.
Porat led Google's reorganization under the holding company Alphabet last year; since she joined the company in May 2015, its stock price has risen more than 40 %.
The company, which is controlled by private equity firm Cerberus Capital Management, will shed some $ 700 million in debt in the prepackaged reorganization that will be filed soon with federal bankruptcy court in Wilmington, Del..
Current position at Google: Besides any cofounder duties, Sergey Brin was overseeing Google X, the company's «moonshot factory,» until Google's reorganization in August 2015.
«This is a big undertaking,» said Steve Ballmer, Microsoft's chief executive, in a company - wide email about the reorganization.
In a reorganization in June, the company's phone business was merged into the overall Windows - and - devices grouIn a reorganization in June, the company's phone business was merged into the overall Windows - and - devices grouin June, the company's phone business was merged into the overall Windows - and - devices group.
If the information involves radical changes to the company such as downsizing, a reorganization of management or a merger — it's in the company's best interest to hold open forum conversations to clearly communicate the information and be readily available to answer questions.
Then, Verizon completed a reverse Morris trust reorganization with FairPoint, under which the original Verizon shareholders owned a majority stake in the newly merged company, while FairPoint's original management ran the new company.
The balance sheet restructuring will be effectuated through a pre-packaged joint plan of reorganization to be filed in the United States Bankruptcy Court for the District of Delaware in connection with the Company's filing of voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code.
In a blog post, Page explained that the reorganization will allow the larger Alphabet company to be more transparent about its other side projects.
A judge agreed that the company's pilots were paid «substantially over market,» granting approval of a reorganization plan that included a 9 percent reduction in pilot pay, plus smaller cuts to flight attendant pay and employee benefits.
As Miguel Helft writes for Fortune, that's partly due to the company's reorganization around mobile, which critics once bashed them for being weak in.
The day the reorganization was announced, Ben Smith, the editor in chief, met with the news staff to reassure them that the company was committed to its news operations.
Unless the Committee or Board determines otherwise prior to the transaction, if substantially all of the assets of the Company are acquired by another corporation or in case of a reorganization of the Company involving the acquisition of the Company by another entity, (i) stock options and stock appreciation rights become exercisable immediately prior to the transaction; (ii) restrictions with respect to restricted stock and RSRs lapse and shares are delivered; and (iii) performance shares and performance units pay out pro rata based on performance through the end of the last calendar quarter.
Prior to joining Cerberus, Mr. Sanford was at The Blackstone Group in its Restructuring and Reorganization Advisory Group from 2004 to 2006, where he advised companies and creditors on a variety of restructuring transactions.
The Fund's investments in companies engaged in mergers, reorganizations or liquidations also involve special risks as pending deals may not be completed on time or on favorable terms.
In addition to the reorganization at Facebook, the company on Tuesday released a 27 - page document revealing for the first time its rules for taking down content that has been reported to the company's moderators.
Prior to joining Cerberus, Mr. Miller worked as a Vice President in The CIT Group / Business Credit, Inc. from 1986 to 1998, where he was responsible for origination, structuring and underwriting middle market loans to distressed companies and companies undergoing restructuring and reorganization, and where he formerly served as the Marketing Manager of the credit finance division.
(5) Except in connection with a corporate transaction involving the Company (including, without limitation, any stock dividend, stock split, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split - up, spin - off, combination, or exchange of shares), the terms of outstanding awards may not be amended to reduce the exercise price of outstanding Options or stock appreciation rights or cancel outstanding Options or stock appreciation rights in exchange for cash, other awards or Options or stock appreciation rights with an exercise price that is less than the exercise price of the original Options or stock appreciation rights without stockholder approval.
Investments in companies engaged in mergers, reorganizations or liquidations involve special risks as pending deals may not be completed on time or on favorable terms, as well as lower - rated bonds, which entail higher credit risk.
The Ventures team has a fund dedicated to AI companies, in line with Microsoft's reorganization to focus on that technology.
What is more interesting, though, is the story of Windows» decline in Redmond, culminating with last week's reorganization that, for the first time since 1980, left the company without a division devoted to personal computer operating systems (Windows was split, with the core engineering group placed under Azure, and the rest of the organization effectively under Office 365; there will still be Windows releases, but it is no longer a standalone business).
Pursuant to a reorganization into a holding company structure, we will be a holding company and our principal asset will be a controlling equity interest in Desert Newco, LLC (Newco).
Unless expressly indicated or the context suggests otherwise, references in this prospectus to «GoDaddy,» the «Company,» «we,» «us» and «our» refer (i) prior to the consummation of the Reorganization Transactions described under «Organizational Structure — Reorganization Transactions,» to Desert Newco, LLC («Desert Newco») and its consolidated subsidiaries and (ii) after the Reorganization Transactions described under «Organizational Structure — Reorganization Transactions,» to GoDaddy Inc. and its consolidated subsidiaries, including Desert Newco.
Tops CEO Frank Curci said in February, after the company filed for bankruptcy, that it would review its weakest performers during reorganization process.
Represented Los Angeles based SaaS company in its conversion from an LLC to a C corporation, and the simultaneous reorganization and Series A Preferred Stock financing.
Last month, the Chicago - based company announced a reorganization that named each of its newspapers» editors as dual editors - in - chief and publishers.
All of the allowed claims attributable to the prepetition high yield bonds issued by the Company were converted into new common stock as set forth in the plan of reorganization.
In recent months, the company lost several top executives and cut 7 percent of its staff in a reorganizatioIn recent months, the company lost several top executives and cut 7 percent of its staff in a reorganizatioin a reorganization.
In November, parent company Snap Inc. embarked on a dramatic reorganization of its mobile photo - sharing app to combat sluggish growth.
All of the Company's existing common stock that had been trading under the ticker symbol «UPLMQ» was cancelled and the existing stockholders received new common stock as set forth in the plan of reorganization.
In support of its restructuring and in order to satisfy its obligations under the plan of reorganization confirmed by the bankruptcy court, the Company closed the following financing transactionIn support of its restructuring and in order to satisfy its obligations under the plan of reorganization confirmed by the bankruptcy court, the Company closed the following financing transactionin order to satisfy its obligations under the plan of reorganization confirmed by the bankruptcy court, the Company closed the following financing transactions:
For a company in the midst of a major re-tooling and reorganization of its business model, First Solar brought in remarkably strong financial results during Q1 2017.
Six days ago, a judge in Nevada approved the company's reorganization, saying the company had met all its obligations.
LEGAL BATTLES The holding company for Washington Mutual finally had its reorganization plan approved in February 2012, following three years of legal battles about the low price paid for its banking assets.
The reorganization also saw a change in the company's mindset.
Delphi filed a lawsuit against Appaloosa, alleging, among other things, that Tepper «pushed, with the grace and diplomacy of a battering ram, to play a central role in the reorganization» of the company, only to turn tail and «manufacture an excuse» once they lost interest.»
He has been an advisor to Rothschild Inc.'s companies in restructurings and reorganizations for twenty - three years.
During General Motors Chapter 11 reorganization and emergence in 2009, the company designated Buick as a «core brand», citing the division's success in China.
How is it a win when the company had to go into reorganization in 2008, putting several titles on «hiatus» and putting even more on a once - a-year release schedule?
It might also invest in companies undergoing unpleasant corporate events (companies beginning a turnaround, spin - offs, reorganizations, broken IPOs) as well as illiquid investments.
The company has since restructured to cut its massive debt and re-emerged as Yellow Pages Ltd. — but the original shareholders of Yellow Pages Income Fund got nothing in the reorganization.
The fund may also invest in companies engaged in mergers, reorganizations or liquidations, which involve special risks as pending deals may not be completed on time or on favorable terms, as well as lower - rated bonds, which entail higher credit risk.
Marty recognized the value of the company could be realized through the fulcrum security — the security in the capital structure that gives the investor control over the reorganization process.
TAVF is an outside passive minority investor that does not seek control of companies, even though we try to be highly influential in the reorganization process when dealing with the credit instruments of troubled companies.
Resource conversions include: changes of control; mergers and acquisitions; tender offers; massive asset redeployments; massive liability restructurings, whether in leveraged buyouts or the reorganization of troubled companies; large scale distributions to stock holders in the form of dividends and / or stock buy - backs; and split ups.
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