Blackstone Inc.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates HA, ROVR, CNSL, ESMT

Retrieved on: 
月曜日, 12月 4, 2023

If you are a Hawaiian shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Hawaiian shareholder, click here to learn more about your rights and options .
  • If you are a Rover shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SIX, FIXX, ROVR

Retrieved on: 
木曜日, 11月 30, 2023

If you are a Six Flags shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Six Flags shareholder, click here to learn more about your rights and options .
  • If you are a Homology shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

MINILUXE ANNOUNCES NEW APPOINTMENTS TO ITS BOARD OF DIRECTORS AND LEADERSHIP TEAM

Retrieved on: 
木曜日, 11月 16, 2023

Boston, MA, Nov. 16, 2023 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) announced today that Kelley Morrell, current CFO of Wonder Group and former Senior Managing Director of Blackstone, has been appointed to join MiniLuxe’s Board of Directors subject to final shareholder approval at the Company’s annual meeting to be held on December 1, 2023. The Company also announced that it is partnering with Sean Bock, longstanding head of franchise divisions for service retail brands including Drybar and Heyday, to serve as MiniLuxe’s Franchise Development Officer. MiniLuxe will launch its franchising plans together with Mr. Bock in the first half of 2024.

Key Points: 
  • MiniLuxe will launch its franchising plans together with Mr. Bock in the first half of 2024.
  • Kelley Morrell is a highly experienced investor and operating executive with a proven track record of delivering exceptional returns for investors.
  • At Blackstone, she led market-leading deal transcations including Spanx and Bumble where she also held board and interim executive positions.
  • “We are thrilled to welcome Kelley Morrell to our board of directors,” said Stefanie Jay, Chief Business and Strategy Officer of eBay and Chair of MiniLuxe’s Board Governance Committee.

Corebridge Financial Announces $150 Million Share Repurchase from AIG and Blackstone

Retrieved on: 
木曜日, 12月 14, 2023

Corebridge Financial, Inc. (NYSE: CRBG) (“Corebridge”) today announced that it entered into a share repurchase agreement (the “Share Repurchase Agreement”) with American International Group, Inc. (“AIG”) and an affiliate of Blackstone Inc. (“Blackstone”) on December 14, 2023, pursuant to which it will repurchase an aggregate of $150 million of Corebridge common stock (the “Share Repurchase”).

Key Points: 
  • Corebridge Financial, Inc. (NYSE: CRBG) (“Corebridge”) today announced that it entered into a share repurchase agreement (the “Share Repurchase Agreement”) with American International Group, Inc. (“AIG”) and an affiliate of Blackstone Inc. (“Blackstone”) on December 14, 2023, pursuant to which it will repurchase an aggregate of $150 million of Corebridge common stock (the “Share Repurchase”).
  • Of the $150 million, approximately $135 million will be repurchased from AIG and approximately $15 million will be repurchased from Blackstone.
  • The Share Repurchase is expected to close on December 18, 2023, subject to customary closing conditions.
  • The purchase price paid by Corebridge was $21.75 per share, the closing price of Corebridge common stock on the New York Stock Exchange immediately prior to entry into the Share Repurchase Agreement.

Hilton Marks a Decade of Growth Since Initial Public Offering

Retrieved on: 
月曜日, 12月 11, 2023

Hilton (NYSE: HLT) today marked a decade of fast-paced growth since its initial public offering (IPO) on the New York Stock Exchange on Dec. 11, 2013.

Key Points: 
  • Hilton (NYSE: HLT) today marked a decade of fast-paced growth since its initial public offering (IPO) on the New York Stock Exchange on Dec. 11, 2013.
  • “The IPO was an important milestone in our company’s history,” said Kevin Jacobs, chief financial officer and president, global development, Hilton.
  • Hilton has also delivered total shareholder returns at more than double the S&P 500 Hotels, Resorts & Cruises average of approximately 150%*.
  • In total, Hilton has been recognized on more than 450 Great Place to Work lists since 2016.

ROVR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Rover Group, Inc. Is Fair to Shareholders

Retrieved on: 
水曜日, 11月 29, 2023

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Rover Group, Inc. (NASDAQ: ROVR) to affiliates of Blackstone Inc. for $11.00 per share in cash is fair to Rover shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Rover Group, Inc. (NASDAQ: ROVR) to affiliates of Blackstone Inc. for $11.00 per share in cash is fair to Rover shareholders.
  • On behalf of Rover shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

David Posnick and Anne Buchanan join Preston Capital

Retrieved on: 
月曜日, 11月 27, 2023

Preston Capital LLC (“Preston” or the “Firm”), an Aliso Viejo-based longevity asset manager announced today two key hires as the Firm launches a new commingled investment vehicle.

Key Points: 
  • Preston Capital LLC (“Preston” or the “Firm”), an Aliso Viejo-based longevity asset manager announced today two key hires as the Firm launches a new commingled investment vehicle.
  • Joining Preston are David Posnick, former Senior Managing Director at Blackstone, Inc. ( BX ) and Anne Buchanan, former Head of Distribution for Obra Capital (formerly known as Vida Capital).
  • Mr. Posnick had been with Blackstone Credit (previously known as GSO Capital Partners) since 2007.
  • “Having Anne join Preston was one of the easiest decisions we’ve ever made,” remarked Jonathan Hogan, Preston’s President and CFO.

Adlumin Appoints Jessvin Thomas as Chief Product Officer

Retrieved on: 
水曜日, 11月 15, 2023

Adlumin , the security operations platform and managed detection and response (MDR) provider keeping mid-market organizations secure, today announced that it hired Jessvin Thomas as its first chief product officer (CPO).

Key Points: 
  • Adlumin , the security operations platform and managed detection and response (MDR) provider keeping mid-market organizations secure, today announced that it hired Jessvin Thomas as its first chief product officer (CPO).
  • “Jessvin has the perfect combination of expertise to lead our product and services organizations through the next phase of growth.
  • Before founding Cyber iSight, Thomas was senior vice president and chief technology officer at Barracuda SKOUT Managed XDR.
  • “I’ve been extremely fortunate throughout my career to work with some of the most respected and forward-looking organizations in business and cybersecurity, and joining Adlumin is another step in that journey,” said Jessvin Thomas, CPO at Adlumin.

Digital Realty and Blackstone Announce $7 Billion Hyperscale Data Center Development Joint Venture

Retrieved on: 
木曜日, 12月 7, 2023

AUSTIN, Texas and NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, and Blackstone Inc. (NYSE: BX) announced today that Blackstone-affiliated funds led by Infrastructure, Real Estate and Tactical Opportunities have agreed to establish a joint venture with Digital Realty to develop four hyperscale data center campuses across three metro areas on two continents.  The developments are expected to support approximately 500 megawatts (MW) of total IT load upon full build out of all campuses.  Blackstone will acquire an 80% ownership interest in the joint venture for approximately $700 million of initial capital contributions, while Digital Realty will maintain a 20% interest.  Subsequent to closing, the joint venture parties will fund their pro rata share of the remaining development costs.  Digital Realty will manage the development and day-to-day operations of the joint venture, for which it will receive customary fees.

Key Points: 
  • Blackstone will acquire an 80% ownership interest in the joint venture for approximately $700 million of initial capital contributions, while Digital Realty will maintain a 20% interest.
  • Subsequent to closing, the joint venture parties will fund their pro rata share of the remaining development costs.
  • Digital Realty will manage the development and day-to-day operations of the joint venture, for which it will receive customary fees.
  • The four hyperscale data center campuses are located in Frankfurt, Paris and Northern Virginia and have a total estimated development cost of approximately $7 billion over the course of the next several years.

Sphera Leads for Carbon Management Software Capabilities in Latest Green Quadrant Report, Earning Top Scores for Net-Zero Strategy Development, Data Management, Data Acquisition and Scope 3 Data Aggregation

Retrieved on: 
木曜日, 11月 30, 2023

CHICAGO, Nov. 30, 2023 /PRNewswire/ -- Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, has been named a leader in the enterprise carbon management software market by Verdantix, an independent analyst firm, in its Green Quadrant: Enterprise Carbon Management 2023 report.

Key Points: 
  • The Green Quadrant Carbon Management Software report aims to help organizations better understand the market evolution of the carbon management software ecosystem by taking a deep dive into the current software platform offerings.
  • Sphera has maintained its strong position since being named a market leader in the inaugural Green Quadrant: Enterprise Carbon Management report in 2022.
  • Sphera earned the top score for data management and tied for the top score in the data acquisition and Scope 3 data aggregation categories.
  • "Verdantix finds that carbon management software buyers are increasingly looking for functionality such as financial metrics for carbon emissions and tools for acquiring facility-level emissions data.