Sentences with phrase «of his holdings company after»

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In 2015, less than a year after retiring as CEO of convenience store giant Alimentation Couche - Tard, the executive chairman, along with his three co-founders, put forward a resolution to extend their time - limited voting control — the group holds 22 % of the company's equity — to ward off any future takeover attempts.
After a year, staff are able to buy shares in the tightly held company and are included in the profit - share program, where five per cent of pre-tax profits is distributed evenly among the staff.
Pharmacy benefit manager Express Scripts Holding said Anthem, its biggest customer and one that has sued the company over claims of being overcharged, was unlikely to renew its contract after it ends in 2019.
The dispute between Burrup Holdings managing director Pankaj Oswal and the company's 35 per cent shareholder Yara Australia has escalated after Burrup blocked an independent audit of its financial accounts.
The funeral industry in WA is increasingly dominated by a handful of big players, including two listed companies that hold more than 50 per cent of the market after buying some of the state's oldest operators.
Shares in national window dressings company Kresta Holdings have soared more than 20 per cent after raising its profit forecast on the back of an improved trading period in the second half of 2009.
Former Speaker of the House John Boehner joined a board of advisors for cannabis company Acreage Holdings earlier this month after changing his own views on cannabis.
After the 2008 financial crisis when Goldman became a bank holding company, it could take in more customer deposits, which led to an increase in its holdings of more than $ 40 billion over the past six years.
A Quebec Superior Court judge awarded a group of Dunkin' Donuts franchisees $ 16.4 million in damages, plus legal costs, after ruling that parent company Dunkin' Brands failed to heed 15 years» worth of warnings that Tim Hortons was poised to topple the U.S. chain's long - held dominance of the Quebec market.
Icahn, holding roughly 19 % of the company, launched the bid after talks to gain board representation broke down earlier this year.
Shares of Hertz Global Holdings fell more than 4 percent in extended trade after the company said John Tague will step down from his post as president and CEO of the company.
Shares in NRW Holdings have nearly doubled in value after the company lifted a trading suspension following two wins in the Supreme Court of Western Australia in its dispute with Samsung C&T.
Phoenix Gold has taken a planned vote on an alliance with Evolution Mining off the agenda of its general meeting, being held today, after Zijin Mining Group made a play to take ownership of the company in a cash deal worth $ 47 million.
Toni Sacconaghi of Sanford C. Bernstein, who rates the company the equivalent of a hold, bore the brunt of Musk's sharpest words after asking about capital requirements.
Shares in TW Holdings slumped sharply today after it announced a backdoor listing of medical cannabis company AusCann Group Holdings, the second deal of this type involving members of the Washer family.
Troubled Perth company Macmahon Holdings has flagged an impairment of up to $ 125 million in its full - year financial result after losing contracts with some of its biggest clients during the past six months, including Fortescue Metals Group.
Plans by Emeco Holdings to diversify and accelerate its growth through M&A deals have come to naught, after the mining equipment supplier announced today its agreed takeover of Perth company RentCo and its merger discussions with Queensland competitor Orionstone had both been terminated.
After Agnelli's passing, Elkann, thrust to the forefront by the untimely deaths of two potential successors, was named chairman of Fiat and chairman and CEO of Exor, the family's $ 142 billion holding company with interests in commercial real estate, banking, media, heavy equipment, and the soccer team Juventus.
The two companies previously discussed a merger after billionaire Liberty Media Chairman and Starz shareholder John Malone exchanged part of his Starz holdings for a 3.4 % stake in Lionsgate along with a seat on the studio's board.
Even though Neometals is now holding less than 15 % of Mt Marion, company management had the exceptional foresight to insist on the right to purchase a sizeable percentage the lithium off - take after about three years of operation.
Shares of GNC Holdings spiked after a report that the company was in talks with Chinese buyers interested in acquiring the nutrition giant.
Shares of Altaba, the holding company left behind after Yahoo's sale of its core internet business to Verizon Communications, will begin trading on the Nasdaq on Monday.
After holding steady at $ 1 million for the company's first six years, Elite's revenues have doubled in each of the past four.
Boynton, who joined Torstar last March after holding senior positions at Aimia Inc. and Rogers Communications Inc., said the company ended with $ 71.4 million in unrestricted cash and no bank debt at the end of 2017.
In the decades after the stock transfer, National Amusements served as Redstone's holding company for his bold acquisitions of Viacom, Paramount Pictures and CBS, in which he retains 80 % controlling interest.
After holding numerous positions at the food chain and working his way up, Jones was named CEO of the company on April 30.
QC Holdings» payday loan stores dot that state, but just a year after the law, the president of the company told analysts that installment loans had «taken the place of payday loans» in that state.
After the deal is completed, Buffalo Wild Wings will operate as a privately held subsidiary of Arby's Restaurant Group, with the CEO of Arby's, Paul Brown, holding that same role in the parent company, according to a release.
Solera Holdings, which specializes in automobile collision claims software, after the company reported adjusted fourth - quarter earnings of 81 cents per share, topping estimates by a penny.
After the IPO has taken place, Facebook will have to follow disclosure rules, including holdings and transactions of insiders or the officers and directors of the company.
After all, the currency fueling much of the deal - making — those companies» inflated equity valuations — is now depressed, and acquisition targets may prefer to hold out for a higher price.
Owned by private equity group Leonard Green & Partners after a leveraged buyout for $ 1.3 billion in 2006, the company is entering bankruptcy in a bid to held shed much of its debt and clean up its balance sheet.
Another public company is operating out of the Twin Cities now that Pentair PLC officially split into two publicly held entities after the stock market closed Monday.
United Technologies» CEO Gregory Hayes, the company's former finance chief who took the helm in late 2014, holds the distinction of being the first chief exec to strike a deal with now - President Trump after the November 2016 vote.
Labatt Breweries quickly learned a brutal lesson in social media marketing and PR after a legal threat against the Montreal Gazette, over the paper's use of a photo depicting accused killer Luka Magnotta holding a bottle of Blue, transformed into a Twitter backlash mocking the beer company.
SCMP Group Ltd., which has posted three years of profit declines, has been suspended from trading since February 2013 after the company failed to have at least 25 percent of shares held by minority investors, the minimum proportion required for a company to trade its shares in Hong Kong.
PARIS (Reuters)- French drugmaker and healthcare group Sanofi is to buy privately - held U.S vaccines biotech company Protein Sciences for an initial amount of $ 650 million, as Sanofi steps up its acquisition program after recently missing two large deals.
Starbucks, feeling the heat after the arrests of two black men in one of its shops last week, plans to hold racial - bias education at all of its company - owned U.S. stores next month.
Axel Springer already holds a stake of approximately nine percent in the company and, after this purchase, will hold a stake of approximately 97 percent.
On Tuesday, Sphinx shares rose 11 % after the Company announced that it has entered into an agreement with Resources Tranchemontagne Inc. and Gardin Inc. to acquire a 100 % undivided interest in 22 claims held by Tranchemontagne, which are located in Quebec, at the northern end of a northwest trending corridor as defined by zinc - bearing dolomitic marbles.
Shares of Finjan Holdings, Inc. (NASDAQ: FNJN), a provider of cyber-security software and tools, surged higher by more than 8 percent early Thursday morning after the company was awarded a new patent by the US Patent and Trademark Office (USPTO).
He held the role for 23 years after the death of his father and company founder, Sam Walton, in 1992.
The company is accused of holding on to the data after Facebook asked it to delete the files.
Theranos, a privately held company founded by Ms. Holmes, 31, after she dropped out of Stanford at age 19, has been trying to swat down suspicions that the capability it has promoted — being able to do a wide range of medical tests cheaply and quickly using only a finger prick of blood — is more hype than reality.
The World employee said the company had had no choice because Sutton didn't hold up her end of their agreement, Sutton recalled, and then the employee made an offer: If Sutton's available wages in her account hadn't covered her total debt to World after 30 days, the company would unfreeze her account and allow her to start a new payment plan.
The clinical hold, announced after the close of the NASDAQ market yesterday afternoon, soured investors on Juno enough to send shares of company stock significantly down in after - hours trading that followed a halt just before the announcement.
(Washington, D.C.: Committee on Education and the Workforce, February, 13, 2002), http://archives.republicans.edlabor.house.gov/archive/hearings/107th/eer/enronthree21302/kruse.htm Another study comparing a matched sample of ESOP versus non-ESOP firms in with similar industries and workforce sizes among closely held companies, again, using population data on all available US DOL data followed the ESOP firms before and after their adoption of the ESOP from 1988 to 1998 along with the matched firms and found that 20 % of the ESOP firms had a defined benefit plan before adopting their ESOP, and 10 years later, after adopting their ESOP, they had defined benefit plans five times more than non-ESOP firms), 33.3 % of ESOP firms had a 401 (k) plan before adopting their ESOP with 52.4 % 10 years later (five times more than non-ESOP firms), and 35.7 % of ESOP firms had a deferred profit - sharing plan before adopting their ESOP with 51.2 % 10 years later (five times more than non-ESOP firms).
Less than two months after The Wall Street Journal broke the story of alleged sexual misconduct against Steve Wynn, he's quit his jobs as CEO and chairman of the board of directors and sold all 12.1 million shares he held in the company he founded.
At a press conference held after the board meeting, Mr. Suzuki announced his resignation, citing no confidence from some of the inside directors and the non-director honorary chairman, Masatoshi Itoh, who is also the founding family member and who holds approximately 10 % of the Company's outstanding ordinary shares.
Indiana is the new battleground for General Motors Company (NYSE: GM) and Tesla Motors Inc (NASDAQ: TSLA), Autoblog wrote, and the point of contention is a new law that would prohibit any manufacturer from being able to hold a dealer license after December 31, 2017.
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