Similarly, Avigilon founder Fernandes's previous startup, QImaging, was snapped up by a large New York Stock Exchange??? listed conglomerate for $ 20 million in 2002, enabling him to become «the biggest and
major shareholder of the company» this time around.
Massachusetts and Nevada regulators are already looking into the allegations and they could force Steve Wynn out as the operator and
major shareholder of the company if they deem him unfit to hold a gaming license.
Although the films Alibaba Pictures Group has invested in like So Young (by actress - turned director Zhao Wei, who is also
a major shareholder of the company) and Tiny Times (by popular writer Guo Jingming) have recorded remarkable box - office revenues, the company has yet to turn a profit, with a net loss of HK$ 443.54 million for the first half of last year.
Always check
the major shareholders of any company that interests you.
Not exact matches
Xerox — CEO Jeff Jacobson and most
of the
company's board will step down as part
of a settlement with
major Xerox
shareholders Carl Icahn and Darwin Deason.
Apple is now paying out more cash in the form
of dividends to its
shareholders than any other
major publicly traded
company in the U.S.
The board
of iron ore miner Pluton Resources has regained control
of the
company after its
major shareholder, General Nice Resources, retired KordaMentha as receivers yesterday.
Perth - based explorer Image Resources has entered into an agreement for the purchase
of a wet concentration plant, and an offtake deal for product from its Boonanarring mineral sands project near Gingin, with a Chinese zircon
company to emerge as a
major shareholder.
GE said nine
of the
company's directors will stand for re-election including
major shareholder Trian Fund Management's Edward Garden, who was appointed to GE's board in October.
The boards
of some
major US and Australian
companies have responded to
shareholder activism by becoming more active in their pursuit
of best practice.
The Slaight family is sitting tight in 28th spot after the 2011 merger
of satellite radio
companies Sirius Canada and XM Canada into SiriusXM,
of which Allan Slaight is a
major shareholder.
Kresta Holdings chairman Peter Hatfull and
major shareholder and former chairman Ian Trahar have lost their battle to retain control
of the Malaga - based window furnishing
company.
The growing opposition from
major shareholders could be a big problem for Dell because in order for the
company to go private, he needs the approval
of the majority
of shareholders, excluding his stake in the
company.
The
company said in a regulatory update on Monday that it is «seeking offers for the
company» and says its
major shareholder, JAB Luxury GmbH, is supportive
of the process.
Xerox (XRX) CEO Jeff Jacobson and most
of the
company's board will step down as part
of a settlement with
major Xerox
shareholders Carl Icahn and Darwin Deason.
CAPRICORN Resources Australia
shareholders have approved a
major restructuring
of the
company, including the acquisition
of B2B.net.
For example, a conflict
of interest may arise when a Senior Officer or Director is also an executive officer, a
major shareholder or has a material interest in an organization doing business with the
Company.
Several other
major Uber
shareholders, though, have been pressed to sell some
of their position in the
company by Uber's new CEO Dara Khosrowshahi.
Groups including Dutch telecommunications group Altice, US conglomerates Honeywell and General Electric, UK oil
major BP and French luxury group Kering are considering setting up independent
companies for some
of their activities as a way to generate value for
shareholders.
The author provides a full history and profile
of Berkshire's
major subsidiaries, as well as the
company's Class A
shareholders.
Part 2: Most
major U.S.
companies tie part
of executive pay to earnings per share and other metrics to align the interests
of management and
shareholders.
More than 60 %
of shareholders of one
major energy
company recently voted — against management's recommendation — in favor
of the
company reporting on its climate progress.
Since 2008, he's called practically every
major shale play before the mainstream press got wind
of them — including the now - famous Bakken oil formation and the
companies that have raked in billions in profits for their
shareholders.
Shares
of Sears Holdings (SHLD) traded lower, after a
major shareholder announced plans to leave the
company's board
of directors.
The
Company is positioned to maximize
shareholder value by fast - tracking Chinchillas to production and becoming a 25 % owner
of the combined Chinchillas - Pirquitas silver mining operation, while continuing to explore for its fourth
major discovery.
Highly - concentrated ownership has historically served to insulate
major shareholders in Italian
companies from minority actions, but the growing participation
of foreign institutional investors is challenging the old structure.
In studies covering more than 1,200
major deals, researchers have consistently found that, at the time
of announcement,
shareholders of acquiring
companies fare worse in stock transactions than they do in cash transactions.
The right
of first refusal and co-sale («ROFR / Co-sale») work together to prevent a founder or
major common
shareholder for selling shares without the
company and the investors being allowed to purchase the shares or participate in the sale
of the shares.
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.
In the wake
of Tribune Publishing's blockbuster announcements that it has rejected a sweetened buyout offer from rival Gannett Co. and brought L.A. billionaire Patrick Soon - Shiong on board as an investor, one
of the
company's
major shareholders is...
The showdown also marks the first time in recent memory
shareholders of a
major oil and gas
company have been given a choice
of directors between what the
company wants and what the dissident group wants (it is pushing for four
of its nominees to be voted to the board).
Each
company has a
major stake in the future
of payments, and each has the potential to provide strong returns for
shareholders in the coming years.
Igor Sechin, Rosneft's chief executive and a long - serving ally
of Putin, said: «We welcome BP as the
major shareholder of Rosneft, which will take part in shaping the
company's strategy.
S.Kidman & Co managing director Greg Campbell and one
of its
major shareholders, Will Abel - Smith, have called for common sense in the sale
of the giant pastoral
company's holdings, saying the sale process is on and was never abandoned, despite complications including national politics, leaks from participants and misreporting by the media.
Major banks CBA and ANZ have urged the repeal
of a law which allows activist investors, unions and environmental groups to pursue fringe causes by forcing
companies to hold costly
shareholder meetings.
Treasury chairman Paul Rayner told
shareholders he believed the board had done the right thing in terminating talks with private equity bidders earlier this year, with «clear feedback» from almost every
major shareholder that a price
of $ 5.20 per share undervalued the
company.
Aussie Farmers abandoned IPO plans in mid-to-late November after failing to generate enough interest from investors, who were no doubt spooked by the fact the
company had racked up losses
of more than $ 52 million pre-tax since 2015 and could only keep trading with the support
of its
major shareholders.
Rob Woolley has stepped down as chairman
of TasFoods, days after quitting the board
of Bellamy's Australia, following threats by
major shareholder Jan Cameron
of another requisition, as their bitter months» long fight over control
of organic baby formula maker spills over to the agricultural
company.
This came after an exhaustive due diligence process where Kohlberg Kravis Roberts and junior partner Rhone Capital, and rival bidder TPG Capital, investigated the inner workings
of the
company but couldn't pay what the
company's
major institutional
shareholders wanted.
«But the staff were led to believe that funds were made available from one
of the
company's
major shareholders last year to keep production going.»
They are two different
companies one with owners Kroenke — Usmanov (
major shareholders) and whoever is the boss
of Emirates.
The 150th anniversary
of the foundation
of Nestlé was a
major theme
of the
company's
shareholder meeting on 7 April 2016.
That sounds awfully like the activist
shareholder model that's currently being exercised by state Comptroller Tom DiNapoli, who has sought to squeeze reforms from
major companies the state's pension fund has invested in, including greater disclosure
of their political activity.
«This is exactly the kind
of alliance we imagined when we created Artisanal Brewing Ventures in 2014,» said Phin DeMink, founder
of Southern Tier Brewing
Company and also a
major shareholder in ABV.
Neil Hamilton, the junior minister for corporate affairs at the DTI, replied saying that his department's role under the Insurance
Companies Act 1982 was primarily concerned with the solvency of insurance companies and with the fitness of their directors, senior managers and major shar
Companies Act 1982 was primarily concerned with the solvency
of insurance
companies and with the fitness of their directors, senior managers and major shar
companies and with the fitness
of their directors, senior managers and
major shareholders.
CONSUMER EAGLE - Sep 2 - The
major shareholder of Spark Networks, Lloyd Miller, has just obtained ~ 568k shares
of the
company, coming to a total transaction
of $ 938K.
ENGELWOOD DAILY - July 9 - The
major shareholder of Spark Networks Inc has purchased 13,100 shares
of the
company for around $ 18,340 USD.
The Los Angeles billionaire Ron Burkle and a
major shareholder in the
company (19 percent) welcomed the move and said he would bid along with a group
of investors to eventually increase his share to 37 percent.
Third, they think international e-book businesses, especially Amazon's Kindle e-bookstore, will destroy the Japanese distribution system dominated by two
companies, Tohan and Nippan, whose
shareholders include a dozen
of Japan's
major publishers.
But as
of last summer, Cengage (creators
of Cengage Learning) filed for bankruptcy, leading to a restructuring
of the
company and its agreements with its
major investors and
shareholders.