Powers will be given to review the implication for pension funds
of takeover proposals and to impose additional fines.
After the announcement
of the takeover proposal, shares of the electric car company fell 12 percent in after - hours trading, while SolarCity's rose 15 percent, hinting at investors» sentiments this early.
Not exact matches
Baosteel and Aurizon look set to gain control
of Aquila Resources after the iron ore hopeful rejected a
takeover proposal from Mineral Resources, and instead recommended its shareholders accept the current $ 3.40 per share offer.
David Jones has been been approached by a UK investor, believed to be EB Private Equity, with a
takeover proposal that reportedly puts an enterprtise value on the retailer
of $ 1.65 billion.
Potash explorer Elemental Minerals has received a $ 123.1 million cash
takeover offer from a Hong Kong investment group, but the company was quick to list a number
of reasons why the
proposal wouldn't succeed.
Black Range Minerals shares closed on a high today on news it had received a
takeover proposal from Canadian - based Western Uranium Corporation for all
of the company's shares.
Broadcom said its $ 121 billion acquisition
proposal for Qualcomm is the «best and final» offer after the target's board unanimously rejected the sweetened bid, likely leaving the future
of the hostile
takeover bid to be decided by shareholders next month.
As manager
of the firm's Corporate Governance Consulting Group with over 30 years
of experience in the field, Bill has guided companies through a wide range
of governance and
takeover challenges, including contentious shareholder
proposals and compensation - based initiatives, proxy contests, tender offers, and other corporate control matters.
These provisions are intended to avoid costly
takeover battles, reduce our vulnerability to a hostile change in control or other unsolicited acquisition
proposal, and enhance the ability
of our board
of directors to maximize stockholder value in connection with any unsolicited offer to acquire us.
** British engineer Invensys Plc, the target
of a
takeover approach from France's Schneider Electric SA, said it was still discussing the 3.3 billion pound ($ 5.1 billion)
takeover proposal.
Takeover target AWE has kicked off the process to give its deal partner Mineral Resources 72 hours to match the 15 per cent higher cash
proposal put forward this week by Japanese giant Mitsui amid a flurry
of activity around its key gas asset.
AWE said on Wednesday it has reached agreement with Mitsui, one
of its longstanding partners in other oil and gas ventures, on the terms
of a «bid implementation deed» to enact the
takeover proposal.
ENN, one
of Santos» two Chinese cornerstone shareholders, has reacted «cautiously» to Harbour Energy's $ 13.5 billion cash
takeover proposal.
Foreign ownership
of Santos under Harbour Energy's
takeover proposal looks set to be weighted more towards China than the US, which is expected to be
of keen interest to FIRB.
Santos, which is the target
of a $ 13.5 billion
takeover proposal from US private firm Harbour Energy, will more than double its production from northern Australia as a result
of the project, said chief executive Kevin Gallagher.
Mr Boon said the board had considered demerging one or more
of Tatts» business units, selling some assets and maintaining the company in its current state after receiving Tabcorp's
takeover proposal last October.
Treasury Wine's annual meeting is usually held in late October but was rescheduled months ago on the expectation it would coincide with a shareholder vote on one
of the two private equity
takeover proposals the company had received.
«It is important to place on record that his
takeover proposals have required a significant leap
of faith by the board, which it has agreed to take in order to preserve the future
of professional football in Plymouth.
The report makes some controversial
proposals to a system known as the «Cadillac»
of Medicaid programs (because it covers so much), including changing the way reimbursement rates are set, a complete state
takeover of the responsibilities now borne by the counties, reform
of the medical malpractice system and a push for a higher federal contribution.
Under the terms
of the agreement, Cuomo would support local control for a minimum wage increase — a
proposal he has previously opposed — as well as back a full Democratic
takeover of the state Senate.
Rio Tinto Limited («Rio Tinto»)(ASX: RIO) notes the announcement made by Coal & Allied Industries Limited («Coal & Allied»)(ASX: CNA) today relating to an indicative, conditional, incomplete and non-binding
proposal from Rio Tinto, under which Rio Tinto and Mitsubishi Development Pty Ltd («Mitsubishi Development»), a wholly - owned subsidiary of Mitsubishi Corporation (TSE: 8058; LSE: MBC), would acquire all of the shares in Coal & Allied they do not already hold under a joint takeover («Proposal&
proposal from Rio Tinto, under which Rio Tinto and Mitsubishi Development Pty Ltd («Mitsubishi Development»), a wholly - owned subsidiary
of Mitsubishi Corporation (TSE: 8058; LSE: MBC), would acquire all
of the shares in Coal & Allied they do not already hold under a joint
takeover («
Proposal&
Proposal»).
Faso had backed an amendment along with Rep. Chris Collins into the doomed American Health Care Act that would have required the state to
takeover the county share
of Medicaid funding in New York — a
proposal that had been staunchly opposed by Cuomo.
Among those
proposals: Having the federal government approve a state
takeover of the transit hub from Amtrak.
UFT Vice President for Academic High Schools Janella Hinds testified before the New York State Assembly Committee on Education regarding Gov. Cuomo's
proposal to implement state
takeovers of public schools.
De Blasio pushed for permanent mayoral control during a string
of visits to Renewal schools earlier this year as a means
of rebuffing Cuomo's
proposal for state
takeover of failing schools.
On Saturday, February 11, VID put together a solid group
of supporters for the Rally Opposing the NYU2031 Plan, NYU's aggressive, tower - heavy 20 - year construction
proposal to jam our low - rise community with structures
of inappropriate size, height and bulk (including a huge hotel), which will mean the
takeover of public space and the influx
of a concentration
of more thousands
of students, staff and faculty.
At the time, Cuomo appeared to agree to back the mayor's
proposal to allow the city to raise its minimum wage up to 30 percent higher than the state's (as well as other WFP - backed policies and a Democratic
takeover of the state Senate).
Speaking about Cuomo's
proposal to implement state
takeover of failing schools, «that hit me more than anything else,» said Mulgrew, who went on to talk again about the lack
of school aid offered up by Cuomo.
Jaffee said she didn't expect her conference to agree to Cuomo's
proposal for a state
takeover of such schools or districts.
On Tuesday, the Republican Senate whip, Jon Kyl
of Arizona, called Democrat Kent Conrad's
proposal for cooperatives in lieu
of a public option «a Trojan horse» for a government
takeover of health care.
I am wary
of portfolio districts, mayoral
takeovers, and other
proposals for a super-regulator to govern all choice and traditional schools.
Rauner and Republican leaders in the General Assembly have called for laws that would permit CPS to declare bankruptcy and allow a state
takeover of the district, a
proposal opposed by Democratic leaders who control the House and Senate.
Hundreds
of business leaders, politicians, parents, students, educators, and advocates turned out for the first legislative hearing on Governor Deval Patrick's
proposal to expand the number
of charter school seats in school districts with the lowest MCAS scores as well as another
proposal that would allow for a state
takeover of failing schools.
After hours
of anticipation yesterday as a bill lingered on a House Rules committee agenda that could allow for - profit charter school operators to
takeover some
of North Carolina's worst performing schools, Rep. Rob Bryan (R - Mecklenburg) told the Charlotte Observer Thursday night that his
proposal won't be taken up by fellow lawmakers this year.
Another Malloy
proposal — a state
takeover of the worst failure mills through the creation
of a special district modeled off
of the successful Recovery School District in New Orleans — wouldn't happen until the 2013 - 3014 school year.
The rally took place just a few days after the Milwaukee School Board and administration on Friday rejected a controversial
proposal that would have resulted in the
takeover of some schools, saying the state - mandated plan was vague, the funding plan unclear and elements conflicted with state law.
Please join Milwaukee Public Schools leadership and PPS - MKE to learn more about the contents
of the MPS
Takeover proposal and what we can all be doing to inform our community at large and how we can continue to build momentum to push back against this egregious action.
Clement announced on Wednesday that the proposed
takeover — which would be one
of the largest in Canadian history — would not be a net benefit to the country and gave the company a month to come back with a better
proposal.
Meanwhile, Starwood Hotels & Resorts Worldwide received an unsolicited
takeover proposal from a group
of investors led by Anbang Insurance Group Co., potentially upending a deal with Marriott International that would create the world's largest hotel operator.
So I'm pleased to see Rudd taking a step back towards sensible policy with his
proposal for a complete Federal
takeover of the public hospital sector to be implemented if co-operative Federalism fails to produce an agreed national reform plan.
Advising on the relevant due diligence issues to consider in respect
of any planned mergers, demergers and
takeovers; including advice on mitigation strategies to manage potential pension liabilities arising from such
proposals.
«Following the withdrawal
of Broadcom's
takeover proposal, Qualcomm is focused on executing its business plan and maximizing value for shareholders as an independent company,» the company said in a statement.