Sentences with phrase «pay additional millions»

Moreover, the state, in violation of its own laws, concentrates charters in a few districts, forcing those financially strapped districts to pay additional millions to the charter schools for special education and transportation.

Not exact matches

The company also said that it has 500 million registered users around the world, with 11 million of those paying for additional features like security and management tools.

Tesla CEO is expected to use the potentially $ 1 billion windfall from a new stock offering to pay off the maker's $ 465 million in DOE loans, and to help fund additional products.

Walgreens expects to pay about $ 500 million in additional capital spending to convert the stores it is buying but keeping.

In 2017, Benioff said that, after inheriting the pay practices of 13 new companies they had acquired, Salesforce was spending an additional $ 3 million to ensure that it was eliminating any new pay disparities.

The deal is worth $ 300 million upfront, and if IFM's two drug programs hit certain development milestones, Bristol - Myers could pay an additional $ 1.01 billion for each, adding up to a total of $ 2.32 billion.

An additional $ 875 million will be paid in cash to resolve claims from other federal and state entities.

This long - overdue update more than doubles the former salary threshold (just $ 23,660 annually), thereby extending overtime pay protections to over 4 million additional workers in the first year of implementation alone.

Meanwhile, Broadcom settled a shareholders» lawsuit in September, agreeing to pay $ 118 million without admitting wrongdoing, plus an additional $ 11.5 million in legal fees and expenses.

(Bristol paid $ 135 million to settle the claims — plus an additional $ 535 million to settle similar allegations surrounding the anti-anxiety medication BuSpar.)

Your heirs must be prepared to pay $ 2.5 million or more in additional estate taxes.»

The new «Pinnacle Club» will pay its members $ 10,000 in cash and additional benefits if they produce $ 8 million of revenue or build up 5 million of production credits.

Based on that logic, Enbridge has warned that oil companies could pay as much as $ 315 - million in additional annual tolls by 2013 if Keystone XL is built, and takes away some of the crude that might otherwise flow through the Enbridge system.

That cash infusion will fund the CA$ 65 million heavy oil acquisition in Pease River as well as pay down debt and provide additional flexibility for capex.

As a result of these agreements, Retrophin paid out $ 2.8 million in cash and issued 11,000 Retrophin shares, and Shkreli diverted an additional 47,610 Retrophin shares for the benefit of himself and his MSMB Funds, resulting in a benefit to him and to them of more than $ 4.5 million (at current market prices).1

In connection with the acquisition of XA Secure, the Company also issued 265,012 shares of restricted stock, issued 318,966 options to purchase the Company's common stock and may be required to pay an additional $ 3.92 million to certain key employee - shareholders of XA Secure.

(d) by causing Retrophin to pay cash to himself, Biestek, and Fernandez so that he would not have to invest $ 731,778 of his own funds in the February PIPE, and by using PIPE proceeds in contravention of the terms of the Securities Purchase Agreement to fund investments by Shkreli, Biestek and Fernandez, resulting in an additional benefit to Shkreli alone of $ 360,000 in cash and 180,000 Retrophin shares and warrants worth more than $ 5.3 million (at current market prices).

The William Hill deal was paid in cash, while the additional stake in CrownBet was in exchange for 3.1 million The Stars Group shares.

on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

We determined the fair market value of the contingent consideration, according to which we may be obligated to issue additional common stock or pay cash, to be $ 7.7 million as of the acquisition date.

In fiscal 2014, we incurred approximately $ 5.4 million of additional tax expense as a result of the Section 162 (m) deductibility limit for compensation paid to the Chief Executive Officer and the three other highest - paid executive officers (other than Mr. Graf).

We recognized a $ 150.5 million restructuring gain as a capital contribution with a direct increase in additional paid - in - capital due to the debt being issued to related parties.

Upon closing of this offering, we will record $ million as an increase to the liabilities due to existing owners under certain of the TRAs, see «Notes to Unaudited Pro Forma Consolidated Balance Sheets,» and in the future we may record additional amounts as additional liabilities due to existing owners under the five TRAs, such amounts collectively representing our estimate of our requirement to pay approximately 85 % of the estimated realizable tax benefit resulting from (i) any existing tax attributes associated with interests in Desert Newco, LLC acquired in the Reorganization Transactions and the exchanges described above, the benefit of which is allocable to us as a result of the same, (ii) the increase in the tax basis of tangible and intangible assets of Desert Newco, LLC resulting from the exchanges as described above and (iii) certain other tax benefits related to entering into the TRAs, including tax benefits related to imputed interest and tax benefits attributable to payments under the

Re / code, an online technology news site, calculated that Uber could pay an additional $ 208.7 million a year if it had to reclassify its California drivers.

The company says that in 2016, it paid «nearly $ 45 billion to more than 13,600 businesses, supporting an additional 1.3 million supplier - related jobs in the United States.»

Barclays was found to have violated its June 2012 non-prosecution agreement involving Libor and required to pay an additional $ 60 million criminal penalty.

If a Series B investor wants to invest in the company 2 million for a 20 % interest, then, the Series A investor, if he wants to maintain a 20 % interest in the company, has to use the right of first offer to invest an additional 400k (if he doesn't invest, it would be diluted to 16 %, so he has to pay for the 4 %, which is 400k in our case) to maintain the 20 % interest.

This $ 300 - million budget deficit is not paid for by additional government debt, but by union members who must increase their contributions to the pension fund.

Even if we assume that SNA loses its current tax deductions and just pays the new statutory rate of 21 %, that would be worth an additional $ 87 million based on 2017 NOPAT, a 13 % increase and a bump up in NOPAT margin to 18.5 % from the current 16.3 %.

If GEICO had earned less money in 1982 but had paid an additional $ 1 million in dividends, our reported earnings would have been larger despite the poorer business results.

One week later, the New York attorney general announced that Aetna agreed to pay an additional $ 1.15 million to settle claims related to that breach, as well as a separate breach the office discovered while investigating the initial breach.

We calculated that Uber could pay an additional $ 208.7 million a year if it had to reclassify its California drivers.

The bank will also pay an additional $ 35 million penalty to the Office of the Comptroller of the Currency, and $ 50 million to the City and County of Los Angeles.

Are you willing to pay more in taxes to support an additional 51 million children's education?

The second collusion grievance brought on a much larger penalty of $ 38 million to be paid to the players by the owners, and Collusion III's punishment included $ 64.5 million in damages to go along with additional penalties for the impact on multi-year deals and bonuses.

If Liverpool were to pay an additional fee, which could be as high as # 4.6 million according to some reports, it would mean the five time European Cup winners would have stumped up over # 15 million for an inconsistent teenager.

Klopp must now decide whether or not to meet Monaco's demands for Thomas Lemar or pay Leipzig an additional # 17.7 million for Naby Keïta to bring him in earlier.

The benefits for the Council are very clear, at minimal risk they have # 7 million additional funding to pay for essential services across the city of Liverpool.

The additional boats would bring in an estimated $ 1 million a year to the Park District, which could be used to pay for other programs or projects, park officials say.

Officials have crunched some numbers for a $ 20 million building and found that the owner of a $ 300,000 home would have to pay an additional $ 120 annually for 20 years to cover the cost, Garvy said.

Mr Herbert said additional savings of # 350 million would be achieved through the pay freeze imposed on police officers.

The report found that Airbnb has played a significant role in rent spikes within tourists and gentrifying neighborhoods in Manhattan and Brooklyn (h / t The New York Times) and in 2016, New York City renters paid an additional $ 616 million due to the «price pressures created by Airbnb.»

A new report from the city comptroller says that NYC renters paid $ 616 million in additional rent in 2016 because of Airbnb.

It was reported that N4 million was agreed as ransom and one of the lawmaker's sons, who was said to have taken the money to the kidnappers, was also abducted and released along with his father after additional ransom was paid.

«The governor has allocated $ 8.4 billion in the MTA capital plan, is pushing for a dedicated funding stream for the MTA and committed an additional $ 400 million for the subway action plan, while Mayor de Blasio did not meet his legal obligation to fund the capital plan and refuses to pay his fair share,» he said.

An additional $ 5 million will be paid to other counties in the gaming region — Broome, Chemung, Schuyler, Tioga, Tompkins and Wayne.

De Blasio projected that 200,000 people who use the city's public hospitals would lose insurance under the bill, which would force taxpayers to pay those costs and result in hundreds of millions in additional deficits for the city hospital system.

The hiring will be paid for through an additional source of funding Clerk Kearns has identified, totaling $ 1.5 million.

That's because the administration estimates the hospitals would pay about $ 212 million in new taxes while getting back about $ 250 million in additional state payments.