Sentences with phrase «new shareholders of»

«We are proud to announce Qatar Airways as a new shareholder of LATAM, reaffirming our bond as existing members of the oneworld alliance.

Not exact matches

The only good news about the big guys is that there is another group of them (think AOL and Yahoo for starters) who are so lost, so behind the curve, and so desperate to deliver something for their shareholders that they are constantly running around and throwing money at the shiniest new things in a panic.

NEW YORK --(BUSINESS WIRE)-- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Celgene Corporation (NASDAQ: CELG) who purchased shares between September 12, 2016 and February 27, 2018.

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.

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 HoldinNEW 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 Holdinnew management planning to look at restructuring or terminating a contentious deal with Fujifilm Holdings.

Wesfarmers shareholders have delivered a mild rebuke to their board of directors, delivering a protest vote against a new share options scheme but supporting the company's remuneration report.

As proxy season gets underway, some early, behind the scenes discussions between shareholders and companies are exhibiting a welcome break from the past: a new tone of respect.

«The new structure puts Galen Weston squarely in the driver's seat, aligning shareholders and management responsibility,» analyst Irene Nattel of RBC Dominion Securities, wrote in a note to investors.

That was chief executive Thorsten Heins's message at the annual shareholders meeting in Ontario today, as he tried to defend the company's trajectory after sales of the new BlackBerry 10 line of smartphones fell well below analyst expectations.

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.

As a new study from the Shareholder Association for Research and Education shows, some well - known Canadian corporations have been spending on political influence south of the border as well.

«If Apple thinks the lawsuit is a waste of resources it could simply end the matter by complying with existing law and filing a new proxy that unbundles the proposed changes to the charter so that shareholders can express their views on each matter separately,» a Greenlight spokesperson said in a statement Tuesday.

NEW YORK --(BUSINESS WIRE)-- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) who purchased shares between April 8, 2013 and July 17, 2017.

Amaya's annual meeting has been delayed until July 30, when shareholders will vote on the creation of a new class of convertible preferred shares that are part of the transaction.

Gindalbie Metals is handing over leadership of Karara Mining, with the venture's major shareholder, Chinese steelmaker AnSteel, appointing a new chief executive.

Mike Garland, executive director of corporate governance for New York City Comptroller John Liu's office, which has a $ 550 million investment in JPMorgan Chase, said «it was a disservice to shareholders that the vote became a referendum on Jamie Dimon.

«I also discovered indeed, that it's easier to get rid of shareholders by disinviting than to attract new ones.

The statement said 3G Capital, the majority owner of Burger King, would continue to own the majority of the shares of the new company on a pro forma basis, with the remainder held by existing shareholders of Tim Hortons and Burger King.

Perth - based gold miner Minera Gold has raised $ US1.55 million ($ A2 million) from existing shareholders and a new investor, while also announcing a number of board changes that includes the retirement of both its chairman and chief executive.

At the time, Maple Leaf's board said it would pursue a new shareholder plan with a poison - pill clause that would come into effect if 20 % of shares were sold to another investor.

However, Dorsey could have just as easily had the company issue a new block of six - to - seven million options for employees that would have been dilutive to shareholders.

Disney shareholders lost their case but the final ruling set a new bar for directors when approving these kinds of exit packages: «If a director acts with conscious disregard — in other words, a looking away — rather than a deliberate intent to violate his duties, he can still be held liable for acting in bad faith,» plaintiffs» attorney Steven G. Schullman told the New York Times back in 20new bar for directors when approving these kinds of exit packages: «If a director acts with conscious disregard — in other words, a looking away — rather than a deliberate intent to violate his duties, he can still be held liable for acting in bad faith,» plaintiffs» attorney Steven G. Schullman told the New York Times back in 20New York Times back in 2006.

South Korean technology giant Samsung Electronics (ssnlf) named a new generation of top managers Tuesday and promised to reward shareholders with $ 26 billion in payouts to 2020, as it reported record third - quarter profit.

Fox shareholders would hold 25 percent of the new Disney, the sources told CNBC.

MOSCOW, April 30 - SUAL Partners, a co-owner of Russian aluminium producer Rusal, said on Monday that Rusal's board and shareholders needed to start work as soon as possible on a new strategy after the company was hit by U.S. sanctions.

LONDON / NEW YORK / TOKYO, April 25 - Rare disease specialist Shire said on Wednesday it was willing to recommend a sweetened $ 64 billion offer from Japan's Takeda Pharmaceutical Co to shareholders, in what would be the biggest acquisition of a drug company since 2000..

Here is the truth: The DNA of a business is to maximize returns to its shareholders, so they are incentivized to reinvest their capital and start new businesses, create new jobs, and provide innovative products and services that improve lives.

Kalanick's large holdings of Class B shares, which awarded him 10 - to - 1 voting power, will transform so each shareholder has one vote per share, The New York Times reported.

EQT said shareholders will receive a pro rata share of the new company.

The new wave of shareholders are likely to insist on ever - growing profits — this at a time when many people are expressing doubts about the company's room for growth.

The corporate trail leads to a clutch of other «Euro Forex» companies in Britain and New Zealand, held in the names of company formation agents, nominee directors, or offshore shareholders.

This not only boosts existing shareholder trust and support, but also shortens preparation time for new rounds, enables new investors to better assess historical results and leads to less of a need for future data points for validation.

The new policy, in which Unilever is moving to a «fixed pay» structure, was approved by 64.2 percent of the UK group's shareholders, with nearly 35.8 percent opposing it.

Valor reported that under the proposal Boeing would pay Embraer in cash when the commercial assets are transferred to the new company, with most of the proceeds then distributed to shareholders as dividends.

«By moving ahead with the tax - free spin - off of the midstream business and merging EQM and RMP — following the previously announced addition of two new directors with midstream experience — we believe the Company has put itself on the best path forward for itself and all shareholders,» Quentin Koffey, portfolio manager at D. E. Shaw, said in a statement.

Chen made the announcement at the end of last year, explaining that he was working with an unnamed Hong Kong financier and due to meet with a «leading shareholder» in New York in early 2014 to discuss a deal.

She's also CEO of Rittenhouse Rankings, a New York consultancy that helps executives of listed companies build trust with shareholders.

All of BuildDirect's existing shareholders (including OMERS and Mohr Davidow Ventures) ante'd up this time, with the addition of new investor BMO Capital Markets.

«For the remainder of 2014 we will focus on our multi-layered growth strategy, which incorporates same - store sales growth, leverage from higher sales, deployment of free cash flow, increasing royalty revenues and new drive - in development to build shareholder value,» Sonic CEO Cliff Hudson said in a statement.

It's also demanding new skills and mindsets... All stakeholders have a responsibility to address the financial and non-financial effects of rapid technological innovation,» Porter told shareholders.

Kalanick approved the new program in an effort to protect existing shareholders from the value of their shares being diluted.

«The completion of the BG transaction, which we are expecting in a matter of weeks, will mark the start of a new chapter in Shell, to rejuvenate the company, and improve shareholder returns,» Shell Chief Executive Ben van Beurden said in a statement on Wednesday.

Under the new system, statements which UK companies file when they are set up and on each anniversary of that date showing changes in shareholders or directors are supposed to include details of «Persons with significant control (PSC).»

Lithium Australia's CEO, Adrian Griffin, said «For Lithium Australia shareholders, the new partnership with MetalsTech represents an outstanding opportunity to gain direct equity leverage to new pegmatite projects in an established hard - rock lithium jurisdiction located in the province of Quebec, Canada.

The report from proxy advisory group Institutional Shareholder Services (ISS), called «Gender Diversity on Boards: a Review of Global Trends,» shows that the number of females among new board nominees at the largest U.S. companies has been steadily climbing in recent years.

One of the reasons Alibaba may set a new IPO fundraising bar is because one of its major shareholders, Yahoo Inc., is supposed to sell about 208 million shares, too.

Combing through what documents they had — Concrete was stonewalling — they found in an offering memorandum a clause whereby, with the consent of 69 % of shareholders, they could appoint new management.

At a raucous meeting of shareholders at Calgary's Southside Victory church in May, they got that consent, appointed Avenue Commercial as the new general partner and sent Concrete a letter of dismissal.

With the board's blessing, the company will issue a new non-voting class of shares to existing shareholders.