Sentences with phrase «planned merger of»

Grants totaling an estimated $ 7.5 million will help pay for a planned merger of two Tennessee school districts and reform measures for the combined system.
At 6 p.m., PSC members hear testimony about the planned merger of communications firms Comcast Corp. and Time Warner Cable Inc., (NYC Councilman Ben Kallos is scheduled to testify); boardroom, state Department of Public Service, fourth floor, 90 Church St., Manhattan.
However, the partnership is contingent on the shareholders of Tesla Motors and SolarCity approving the planned merger of the two Elon Musk - owned companies.

Not exact matches

Health insurance giant Aetna pulled in more than $ 63 billion in 2016 revenues and $ 2.9 billion in earnings despite a year that would lead to the demise of its planned $ 34 billion merger with rival Humana.
Planning your exit through a merger or acquisition takes a lot of study and preparation.
the Company's share repurchase plans depend on a variety of factors, including the Company's financial position, earnings, share price, catastrophe losses, maintaining capital levels commensurate with the Company's desired ratings from independent rating agencies, funding of the Company's qualified pension plan, capital requirements of the Company's operating subsidiaries, legal requirements, regulatory constraints, other investment opportunities (including mergers and acquisitions and related financings), market conditions and other factors.
As big a deal as Salesforce's planned acquisition of MuleSoft is, it may be just one small chapter in what turns out to be an epic year for tech mergers and acquisitions.
If the merger goes through as planned, it will make AMC's parent company, Chinese conglomerate Dalian Wanda Group Co. Ltd., the operator of the largest movie theater chain in the United States.
If the plan had gone ahead, the merger of CIMB, RHB and Malaysia Building Society would have overtaken Maybank as the largest banking group in the country.
In defending its merger plan, Comcast is saying its real competition is no longer other cable companies, but rather so - called over-the-top Internet service providers such as Netflix, which is the same rationale Bell used in Canada with its acquisition of broadcaster Astral last year.
Heavy earthmoving equipment supplier Emeco Holdings has shrugged off a credit rating downgrade from Fitch Ratings, with managing director Ian Testrow saying the market should focus on the big picture of the company's merger and restructuring plan.
Perth - based Emeco Holdings has gone into a trading halt ahead of announcing fresh merger plans, with Queensland - based Orionstone and Victoria - based Andy's Earthmovers earmarked as the other players.
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.
On Sunday, Musk tweeted that he planned soon to publish part two of his «top secret Tesla masterplan,» prompting widespread speculation that he might reveal more details about a possible Tesla - SolarCity merger.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
His prior experience includes private equity funding of start - up telecommunications and Internet services companies, as well as strategic and financial planning, mergers and acquisitions, and managing finance and accounting activities for both domestic and international businesses in the telecommunications and Internet services sectors.
Australia's competition watchdog believes the planned global merger of oilfield services companies Halliburton and Baker Hughes could give the combined group, and current market leader Schlumberger, too much power.
UCIW secretary Gordon Thompson told WA Business News in March this year he was taking a wait - and - see approach to the merger plan, with the composition of the merged company's board one of his main considerations.
Till recently, as Executive Vice President of Strategic Operations, he was responsible for strategic planning, risk management, mergers & acquisitions and corporate marketing.
The planned merger would be the second - largest M&A deal on record behind Vodafone AirTouch's $ 172.0 billion acquisition of Mannesman in 1999, according to Dealogic.
Now, after spending most of the past year working under the expectation of the merger, Ainsworth has to come up with a Plan B.
Now, thanks to its planned merger with H.J. Heinz, led by a 3G Capital and Warren Buffett's Berkshire Hathaway (BRK - B), Kraft stands a better chance of taking on overseas markets, getting the clout it needs to rein in rising commodity costs and attain more efficient operations that will lower its expenses.
Torstar is investigating a merger of its pension plan assets with a multi-employer plan called CAAT, which would take over the obligation for paying past accrued benefits and future pension benefits of Torstar employees.
Weeks after receiving regulatory blessing of its $ 48.5 billion merger with the country's largest satellite television provider, the 2nd largest U.S. wireless carrier plans to offer combined TV and wireless service in a single bill, the company said in a release.
T - Mobile is raising the price of its premium unlimited plan by $ 5, or 7 %, as competition in the wireless market starts to cool amid rampant merger talks.
The fate of major proposed mergers, not just Bayer - Monsanto but also Dow Chemical and DuPont, which plan to spin off their combined agriculture businesses, will be decided by Trump's nominees to lead antitrust enforcement at the Justice Department and the Federal Trade Commission.
Except as expressly provided in the Plan, no Participant shall have any rights by reason of any subdivision or consolidation of shares of stock of any class, the payment of any dividend, any increase or decrease in the number of shares of stock of any class or any dissolution, liquidation, merger or consolidation of Alphabet or any other corporation.
And we continue to work toward a successful completion of our planned T - Mobile USA merger.
In blocking the transaction, the court ruled that the proposed merger is likely to substantially lessen competition in the sale of individual Medicare Advantage plans in 364 counties.
In another cross-sector deal, Humana, which called off its own planned merger with Aetna in early 2017, announced its acquisition of a 40 % stake in Kindred Healthcare's home care network, with the remaining 60 % going to TPG Capital and Welsh, Carson, Anderson & Stowe.
Sysco Corp. shares rose the most in nine months after its planned $ 3.5 billion takeover of US Foods Inc. was blocked by a federal judge, bringing relief to investors concerned about the company undertaking an ambitious merger.
The parent company also said that while it will not resuscitate the C$ 3.6 billion merger plan, it will implement a two - year program to improve the performance of Fletcher Challenge Canada, with a view to exiting the paper business.
Both companies announced plans to create thousands of high - tech U.S. jobs previously when they announced their merger.
Forward - looking statements may include, among others, statements concerning our projected adjusted income (loss) from operations outlook for 2018, on both a consolidated and segment basis; projected total revenue growth and global medical customer growth, each over year end 2017; projected growth beyond 2018; projected medical care and operating expense ratios and medical cost trends; our projected consolidated adjusted tax rate; future financial or operating performance, including our ability to deliver personalized and innovative solutions for our customers and clients; future growth, business strategy, strategic or operational initiatives; economic, regulatory or competitive environments, particularly with respect to the pace and extent of change in these areas; financing or capital deployment plans and amounts available for future deployment; our prospects for growth in the coming years; the proposed merger (the «Merger») with Express Scripts Holding Company («Express Scripts») and other statements regarding Cigna's future beliefs, expectations, plans, intentions, financial condition or performerger (the «Merger») with Express Scripts Holding Company («Express Scripts») and other statements regarding Cigna's future beliefs, expectations, plans, intentions, financial condition or perforMerger») with Express Scripts Holding Company («Express Scripts») and other statements regarding Cigna's future beliefs, expectations, plans, intentions, financial condition or performance.
Devin has also been a start - up mentor for the Iowa Startup Accelerator and with the University of Washington's Buerk Center for Entrepreneurship.Experienced in product development, strategic planning and partnerships, mergers and acquisitions, and innovation projects, Devin brings deep knowledge and experience to the Guidant team.
In the filing, Disney and Fox said the ongoing antitrust scrutiny of U.S. telecommunications provider AT&T Inc's (T.N) planned merger with media conglomerate Time Warner Inc (TWX.N) heightened concerns about potential regulatory hurdles to Comcast's bid.
Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact of modifications to our operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits of such transactions, including with respect to the Merger; the substantial level of government regulation over our business and the potential effects of new laws or regulations or changes in existing laws or regulations; the outcome of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security of our information technology and other business systems; unfavorable industry, economic or political conditions, including foreign currency movements; acts of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration of the businesses of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion of management's attention from ongoing business operations and opportunities during the pendency of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability of financing, including relating to the proposed Merger; effects on the businesses as a result of uncertainty surrounding the proposed Merger; as well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.express-scripts.com.
Furthermore, the rules governing companies listed on the NYSE and incorporated under Delaware law require us to submit certain matters to a vote of shareholders for approval, such as mergers, large share issuances or similar transactions, and the approval of equity - based compensation plans.
Mr. Knopf joined Kraft Heinz in July 2015 in connection with the merger of Kraft Foods and H.J. Heinz Company, initially serving as Vice President of Finance, Head of Global Budget & Business Planning, Zero - Based Budgeting, and Financial & Strategic Planning.
Walgreens Boots Alliance and Rite Aid said on Thursday that they had called off their long - planned merger after antitrust authorities indicated they were not likely to approve the combination of two of the nation's biggest drugstore chains.
Fixed, focused and direct, they can be used to great success in things like abeyance, corporate actions, mergers, hostile takeovers, or will and testaments A formal agreement, detailing the execution of a planned corporate action.
The Fair Trade Commission's (FTC) decision comes after a lengthy review of the merger plan, initially announced in April, which had forced the banks to push back their scheduled merger by six months to October 2018.
(2) Reflects 2015 Merger - related adjustments including the change to align Kraft to Kraft Heinz's accounting policy for postemployment benefit plans; incremental amortization resulting from the fair value adjustment of Kraft's definite - lived intangible assets; incremental compensation expense due to the fair value remeasurement of certain of Kraft's equity awards; and, certain deal costs related to the 2015 Merger.
Planning for the new company is being led by Marvelle Sullivan Berchtold, a JPMorgan managing director who was previously head of the Swiss drugmaker Novartis's mergers and acquisitions strategy; Mr. Combs; and Beth Galetti, a senior vice president at Amazon.
Dating back to the 2016 campaign, he publicly blasted the companies» merger plans in no small part because he is a vocal critic of CNN, which is part of Time Warner's Turner TV unit.
We help with all aspects of a company's life - cycle including financings, strategic relationships, mergers and acquisitions, and planning and preparation for public offerings.
Under the 2017 Plan, a change in control is defined to include (1) the acquisition by any person or company of more than 50 % of the combined voting power of our then outstanding stock, (2) a merger, consolidation, or similar transaction in which our stockholders immediately before the transaction do not own, directly or indirectly, more than 50 % of the combined voting power of the surviving entity (or the parent of the surviving entity), (3) a sale, lease, exclusive license, or other disposition of all or substantially all of our assets other than to an entity more than 50 % of the combined voting power of which is owned by our stockholders, and (4) an unapproved change in the majority of the board of directors.
The records shed new light on why WEDC, the state's job - creation and retention agency, didn't contact the multinational food conglomerate between the announcements of its merger in March and the planned closure of Oscar Mayer and reduction of 1,000 local jobs in November.
Adjusted EBITDA is defined as net income / (loss) from continuing operations before interest expense, other expense / (income), net, provision for / (benefit from) income taxes; in addition to these adjustments, the Company excludes, when they occur, the impacts of depreciation and amortization (excluding integration and restructuring expenses)(including amortization of postretirement benefit plans prior service credits), integration and restructuring expenses, merger costs, unrealized losses / (gains) on commodity hedges, impairment losses, losses / (gains) on the sale of a business, nonmonetary currency devaluation (e.g., remeasurement gains and losses), and equity award compensation expense (excluding integration and restructuring expenses).
Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.
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