We can provide reliable advice on a wide range of aspects, including buy - outs,
company share transactions, employment issues, dispute resolution, litigation, sales and acquisitions, health checks and much more.
Not exact matches
The
company describes itself as an e-broker similar to Uber: Owners can
share their jets with travelers in exchange for fees, with the
transaction handled by Jettly.
• Investors trading Spotify's
shares in private
transactions have valued the
company as highly as $ 23 billion.
SoftBank has acquired a 15 % stake in Uber, through a combination of direct investment in the ride - hailing
company and through buying the
shares of existing Uber shareholder, Uber confirmed on Thursday, weeks after announcing that the
transaction was underway.
She said they used details of the PokerStars
transaction that were not available to the average investor to buy
shares of Amaya after the
company's
share price fell during negotiations for the deal.
In connection with the proposed
transactions, McDermott International, Inc. («McDermott») has filed a Registration Statement on Form S - 4 (the «Registration Statement») with the SEC that includes (1) a joint proxy statement of McDermott and Chicago Bridge & Iron
Company N.V. («CB&I»), which also constitutes a prospectus of McDermott and (2) an offering prospectus of McDermott Technology, B.V. in connection with McDermott Technology, B.V.'s offer to acquire CB&I
shares.
Though the fund
company objected to the initial
transaction price, it sold after the Phelans upped their offer by 35 cents to $ 8 per
share.
Biopharmaceutical
company Parexel confirmed Tuesday morning it will be acquired by Pamplona Capital for $ 88.10 per
share in cash, in a
transaction valued at approximately $ 5 billion.
Like most large tech
companies that are not yet public, Spotify does have a small amount of
shares that trade in private
transactions.
Under the terms of the
transaction, Burger King will pay C$ 65.50 in cash and 0.8025 common
shares of the new
company for each Tim Hortons»
share.
According to tax partners at PwC and EY with knowledge of the consultation, the proposal would require multinationals to submit three sets of tax filings: one revealing
transactions with affiliated
companies, a second on how these transfers occurred within the group's global operations, and a third detailing
shared financial or manufacturing costs.
The
company, which plans to fund the Third Point
transaction primarily with cash, said it would increase earnings per
share.
When one business acquires another, there are several ways of financing the deal, including the use of the acquiring
company's
shares to cover the cost of the
transaction.
ESOP Debt Guarantee represents all
transactions related to a
company's Employee Stock Ownership Plan (ESOP), such as
shares / debt / loans owned by ESOP.
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.
The final
transaction value is difficult to pin down, though, because Heinz is private and it also remains to be seen at what price the new
company's
shares will trade.
Arbitrageurs, who typically make short - term bets around the outcomes of deals and other major
transactions, own roughly 350 million
shares or 20 percent of the
company's outstanding stock, one of the investors estimated.
Furthermore, the rules governing
companies listed on the NYSE and incorporated under Delaware law require us to submit certain matters to a vote of shareholders for approval, such as mergers, large
share issuances or similar
transactions, and the approval of equity - based compensation plans.
SoftBank is slated to own 15 percent of Uber's
shares, according to a person with knowledge of the
transaction, and SoftBank's co-investors will own just under 3 percent of the
company.
Marriott Vacations Worldwide Corporation (NYSE: VAC)(«MVW» or the «
Company») and ILG (Nasdaq: ILG) today announced that they have entered into a definitive agreement under which MVW will acquire all of the outstanding
shares of ILG in a cash and stock
transaction with an implied equity value of approximately $ 4.7 billion.
ORLANDO, Fla. and MIAMI — April 30, 2018 — Marriott Vacations Worldwide Corporation (NYSE: VAC)(«MVW» or the «
Company») and ILG (Nasdaq: ILG) today announced that they have entered into a definitive agreement under which MVW will acquire all of the outstanding
shares of ILG in a cash and stock
transaction with an implied equity value of approximately $ 4.7 billion.
(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.
We provide information below about (1) the circumstances under which the vesting of these options and stock awards would accelerate upon termination of employment or the consummation of an «acquisition
transaction» (as defined below) and (2) the hypothetical value each such named executive would have received, if any, upon the vesting of any of these option or stock awards as of that date under those circumstances, assuming each named executive's employment with the
Company had terminated or the acquisition had been consummated as of December 31, 2011 and based on an NYSE closing price per
share of our common stock of $ 27.56 on December 30, 2011, the last trading date in 2011.
David Trujillo, who spearheaded TPG's investments in ride -
sharing company Uber Technologies Inc. and talent agency Creative Artists Agency LLC, led the Vice
transaction.
For example, this includes situations where we need to
share information with
companies who work on our behalf to service or maintain your account or process
transactions you've requested, when the disclosure is to a party representing you, or when required by law (for example, in response to legal process).
To better service your accounts and process
transactions or services you've requested, we may
share non-public personal information with other Franklin Templeton Investments»
companies.
Doing so grants Earnest read - only access to the
transaction data in those accounts, meaning the
company can not deposit or withdraw from the account — but some people are still uncomfortable
sharing this amount of data with a lending
company.
Given the absence of a public trading market of our common stock, and in accordance with the American Institute of Certified Public Accountants Accounting and Valuation Guide, Valuation of Privately - Held
Company Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic o
Company Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold
shares of our convertible preferred stock to outside investors in arms - length
transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private
company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic o
company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our
company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic o
company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic outlook.
The
company incurred
transaction costs of $ 24 million in Other expenses / (income)($ 19 million after tax, or $.06 per
share) associated with the acquisition, which the
company expects to close in the third quarter of fiscal 2018.
On June 14, 2017, the
Company transferred an aggregate of 129,238 shares of common stock of its parent company Croe, held in treasury by the Company, to certain officers and consultants of the Company in exchange for their services in connection with the Transaction, valued at $ 258,476 based on the fair value of the shares on the measuremen
Company transferred an aggregate of 129,238
shares of common stock of its parent
company Croe, held in treasury by the Company, to certain officers and consultants of the Company in exchange for their services in connection with the Transaction, valued at $ 258,476 based on the fair value of the shares on the measuremen
company Croe, held in treasury by the
Company, to certain officers and consultants of the Company in exchange for their services in connection with the Transaction, valued at $ 258,476 based on the fair value of the shares on the measuremen
Company, to certain officers and consultants of the
Company in exchange for their services in connection with the Transaction, valued at $ 258,476 based on the fair value of the shares on the measuremen
Company in exchange for their services in connection with the
Transaction, valued at $ 258,476 based on the fair value of the
shares on the measurement date.
Upon closing of the proposed
transaction all of the issued and outstanding
shares of capital stock of MoPub, and all equity awards to purchase
shares of MoPub common stock held by individuals who will continue to provide service to the
Company, will be converted into the right to receive an aggregate of 14.8 million
shares of the
Company's common stock.
The tender offer closed in September 2011, and at the close of the
transaction, the
Company recorded $ 34.7 million as compensation expense related to the excess of the selling price per
share of common stock paid to the
Company's employees and consultants over the fair value of the tendered
share, and $ 35.8 million as deemed dividends in relation to excess of the selling price per
share of common and preferred stock paid to existing investors in excess of the fair value of the
shares tendered.
In addition, based on the fair value of the
shares of common stock of the
Company at the time of issuance, the
Company recorded an additional $ 100,000 of
share based compensation expense related to the
transaction.
The
shares were issued in a
transaction that was exempt from the registration requirements of the Securities Act of 1933, as amended (the «Securities Act»), pursuant to Section 4 (a)(2) of the Securities Act and Regulation D promulgated thereunder inasmuch as the securities were offered and sold solely to accredited investors and the
Company did not engage in any form of general solicitation or general advertising in making the offering.
We determined the fair value of our common stock to be $ 17.41 per
share as of May 15, 2013 based on the subject
company transaction method.
By participating in DRIPs, investors can purchase fractional
shares, avoid costly
transaction fees and even receive a discount on their purchase (discount only offered by some
companies and typically ranges between 1 % and 10 %).
The purchase price per
share in the tender offer represented an excess to the fair value of the
Company's outstanding common stock and Series A through Series F convertible preferred stock, as determined by the
Company's most recent valuation of its capital stock at time of the
transaction.
ATLANTA & MINNEAPOLIS --(BUSINESS WIRE)-- Nov. 28, 2017 — Arby's Restaurant Group, Inc. («ARG») and Buffalo Wild Wings, Inc. (Nasdaq: BWLD)(«BWW») today announced that the
companies have entered into a definitive merger agreement under which ARG will acquire BWLD for $ 157 per
share in cash, in a
transaction valued at approximately $ 2.9 billion, including BWW's net debt.
We provide information below about (1) the circumstances under which the vesting of these options and stock awards would accelerate upon termination of employment or the consummation of an «acquisition
transaction» (as defined below) and (2) the hypothetical value each such named executive would have received, if any, upon the vesting of any of these option or stock awards as of that date under those circumstances, assuming each named executive's employment with the
Company had terminated or the acquisition had been consummated as of December 31, 2010 and based on an NYSE closing price per
share of our common stock on that date of $ 30.99.
Following the
transaction, the insider now owns 19,249
shares of the
company's stock, valued at $ 1,915,275.50.
In a separate
transaction from Steve Wynn's sales, Wynn Resorts agreed to sell 5.3 million
shares to Galaxy Entertainment Group, a large entertainment and gaming
company that — like Wynn Resorts — owns one of the six gaming concessions in the Chinese territory of Macau.
Following the completion of the
transaction, the chief financial officer now directly owns 79,978
shares in the
company, valued at approximately $ 7,841,842.90.
In other news, EVP Francisco Fortanet sold 603
shares of the
company's stock in a
transaction on Wednesday, February 14th.
Following the
transaction, the executive vice president now owns 38,393
shares of the
company's stock, valued at approximately $ 5,449,502.42.
The purchase of
shares will be implemented through BitARG YJFX, a
company which is wholly owned by Yahoo, which supports foreign currency
transactions.
In the
transaction Berkshire didn't pay cash, but instead swapped an equivalent value of the
shares in Graham Holdings
Company it owned.
In other Campbell Soup news, insider Luca Mignini acquired 4,400
shares of the
company's stock in a
transaction that occurred on Wednesday, February 21st.
While this is a
transaction between a private startup
company and an investor, you CAN think of it just as you would if an individual bought a
share of stock in a publicly - traded
company: dollars exchanged for a percentage of ownership.
The
transaction documents and issuance of
shares do not conflict with the
company's charter documents, material contracts and laws applicable to the
company;
Meanwhile, the
company shares have already increased from $ 14 further on, as many traders started closing their selling
transactions after the analysts missed the quarterly earnings forecast.