Consideration

mdf commerce Announces Completion of Acquisition by KKR

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금요일, 5월 17, 2024

“Today’s announcement is a significant milestone in the long-lasting story of mdf commerce.

Key Points:

“Today’s announcement is a significant milestone in the long-lasting story of mdf commerce.
“We are very pleased with the successful outcome of this transaction,” said Pierre Chadi, Chair of the Board of Directors.
“I am confident that mdf commerce is in good hands with KKR, a resourceful owner who will support the Company’s long-term growth plan and take this SaaS leader in digital commerce technologies to the next level.”
“mdf commerce has a bright future ahead, and we are thrilled to be part of it,” said John Park, Partner at KKR.
Stikeman Elliott LLP and Dechert LLP acted as legal advisors to KKR, and William Blair served as a buyside advisor to KKR.

Nuvei Announces Filing of Management Proxy Circular and Receipt of Interim Order in Relation to Go-Private Arrangement

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화요일, 5월 14, 2024

The Special Committee was advised by independent legal counsel and retained TD Securities Inc. ("TD") as financial advisor and independent valuator.

Key Points:

The Special Committee was advised by independent legal counsel and retained TD Securities Inc. ("TD") as financial advisor and independent valuator.
The Circular contains a detailed description of the Arrangement and includes additional information to assist in considering how to vote at the Meeting.
The Plan of Arrangement and a copy of the Arrangement Agreement are available under Nuvei's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov .
The Company has retained Kingsdale Advisors to provide a broad array of strategic advisory, governance, strategic communications, digital and investor campaign services.

Quanex Building Products to Acquire Tyman, Creating a Comprehensive Solutions Provider in the Building Products Industry

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월요일, 4월 22, 2024

HOUSTON, April 22, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced it has reached agreement with Tyman plc (LSE:TYMN) (“Tyman”) on the terms of a recommended cash and share offer (“the Acquisition”), under which Quanex will acquire the entire issued and to be issued share capital of Tyman for approximately $1.1 billion1 in enterprise value.

Key Points:

Quanex’s Acquisition of Tyman creates a comprehensive solutions provider in the building products industry, which on a pro forma basis generated approximately $2 billion of revenue in the fiscal year ended October 31, 20232.
“With significantly enhanced scale, we are looking forward to fully optimizing our portfolio of products and assets to position Quanex as a comprehensive solutions provider for our customers.
2 Based on FY 2023A financial figures using October 31, 2023 year end for Quanex and December 31, 2023 year end for Tyman.
These brands offer product solutions in the window and door hardware, commercial access solutions and seals and extrusions verticals.

Green Shift Closes Previously Announced Sale of the Berlin Project, Colombia

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화요일, 4월 9, 2024

Shift, Uranium, GCOM, Consideration, Target, Tax, Project, Property, Sale, NSR, OTCQB, CDN, Transaction

TORONTO, April 09, 2024 (GLOBE NEWSWIRE) -- Green Shift Commodities Ltd. (TSXV: GCOM and OTCQB: GRCMF), (“Green Shift”, “GCOM” or the “Company”) is pleased to announce that it has closed the previously announced (see previous press release dated December 11, 2023), sale (the “Transaction”) of its Berlin Project (“Berlin” or the “Project”) located in Caldas, Colombia to Jaguar Uranium Corp. (formally Latam Battery Metals Inc.) (“Jaguar”).

Key Points:

TORONTO, April 09, 2024 (GLOBE NEWSWIRE) -- Green Shift Commodities Ltd. (TSXV: GCOM and OTCQB: GRCMF), (“Green Shift”, “GCOM” or the “Company”) is pleased to announce that it has closed the previously announced (see previous press release dated December 11, 2023), sale (the “Transaction”) of its Berlin Project (“Berlin” or the “Project”) located in Caldas, Colombia to Jaguar Uranium Corp. (formally Latam Battery Metals Inc.) (“Jaguar”).
Trumbull Fisher, CEO and Director of GCOM, commented, “We are pleased to complete this transaction which offers GCOM several benefits.
Firstly, with multiple lithium exploration opportunities, our portfolio now appropriately reflects our exploration focus and technical expertise in Canada and Argentina.
GCOM issued 3,333,333 common shares to Generic Capital Corp. as compensation for advisory services in connection with the Transaction.

Matador Resources Company Announces Expiration and Results of Cash Tender Offer for Any and All of Its Outstanding 5.875% Senior Notes Due 2026

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화요일, 4월 2, 2024

Energy, Other Energy, Oil, Gas, Bullfighter, Guaranteed, Consideration, BofA Securities, Note, Tender offer, Sale, Settlement date, Security (finance)

The Tender Offer expired at 5:00 p.m., New York City time, on April 1, 2024 (the “Expiration Time”).

Key Points:

The Tender Offer expired at 5:00 p.m., New York City time, on April 1, 2024 (the “Expiration Time”).
Matador has accepted for purchase all Notes validly tendered prior to the Expiration Time pursuant to the Tender Offer and expects to pay the consideration (the “Consideration”) for such Notes on April 2, 2024 (the “Settlement Date”).
For the avoidance of doubt, interest on the Notes will cease to accrue on the Settlement Date for all Notes accepted in the Tender Offer.
All Notes accepted in the Tender Offer will be canceled and retired by Matador.

Sounds Profitable Study Reveals Podcast Listeners Pay Greater Attention to Ads Than Other Media Consumers

Retrieved on:

목요일, 4월 4, 2024

Consumer, Wondery, GEICO, Profit (economics), Consideration, Attention, Partnership, Paramount, Podcast, Research, Attitude, Streaming television, Walmart, HelloFresh, NPR, Hearing, Advertising, Human, Music

BOSTON, April 4, 2024 /PRNewswire-PRWeb/ -- Sounds Profitable, the leading voice of significance for the digital audio industry, today announced the release of its latest report, The Ad Bargain: Attracting Consumer Attention in a Sea of Ads, a large consumer study of over 2,000 Americans 18+, weighted to the general population. Respondents were asked questions regarding their receptiveness, attentiveness, and overall attitude about advertising across a range of ad-supported media.

Key Points:

Respondents were asked questions regarding their receptiveness, attentiveness, and overall attitude about advertising across a range of ad-supported media.
The results were clear across the board – podcast advertising leads the way in receptivity, attention, and, most importantly, effectiveness.
Podcast listeners pay more attention to ads than listeners of other media and are more likely to listen to ads all the way through on podcasts compared to other platforms tested.
Methodology: The Ad Bargain was sponsored by Wondery, Spreaker, Betterhelp, ESPN Podcasts, Libsyn Ads, SiriusXM Podcast Network, NPR, and Paramount in partnership with Sounds Profitable.

Frameplay's Intrinsic In-Game Advertising Solution Outperforms Other Media Channels in Key Ad Recall and Creative Categories Per Happydemics' Meta Analysis

Retrieved on:

목요일, 3월 21, 2024

Consideration, ROI, Attention, Attention economy, Meta-analysis

SAN FRANCISCO, March 21, 2024 /PRNewswire/ -- Frameplay, the award-winning, global intrinsic in-game advertising platform, partnered with Happydemics, a leading Brand Lift platform that empowers ad players around the world to precisely assess and optimize the ROI of their media strategies, to conduct a meta analysis of 29 brand lift studies across multiple verticals in Frameplay's global network. The results overwhelmingly demonstrated double digit brand lifts across key ad recall and creative categories, including likeability, attribution, and consideration, surpassing other channel benchmarks. These findings highlight the opportunity within intrinsic in-game advertising for advertisers to reach engaged, scalable audiences while also demonstrating brand affinity.

Key Points:

The results overwhelmingly demonstrated double digit brand lifts across key ad recall and creative categories, including likeability, attribution, and consideration, surpassing other channel benchmarks.
These findings highlight the opportunity within intrinsic in-game advertising for advertisers to reach engaged, scalable audiences while also demonstrating brand affinity.
"With intrinsic in-game advertising indexing higher than other digital media in the areas of affinity and lift, it's clear why this channel is rapidly evolving to become a core tenet of scaled media plans."
The results of the meta-analysis surpass benchmarks in key ad recall and creative categories, including:

mdf commerce enters definitive agreement to be acquired by KKR

Retrieved on:

월요일, 3월 11, 2024

Upon completion of the Transaction, mdf commerce will become a privately held company.

Key Points:

Upon completion of the Transaction, mdf commerce will become a privately held company.
“We are excited to strategically partner with KKR to accelerate our expansion and scale our industry-leading platform even further.
I am confident that KKR is the ideal partner for mdf commerce and can contribute to the Company’s continued success.”
“KKR is closely aligned with management’s vision to accelerate technology innovation across the broader mdf commerce platforms,” said John Park, Partner at KKR.
“We look forward to the enormous opportunity ahead for the mdf commerce eProcurement platform as governments increasingly embrace digital solutions.

Yintai to Acquire Osino in an All-Cash Transaction for C$368 million

Retrieved on:

일요일, 2월 25, 2024

King & Wood Mallesons, Mining, BMO Capital Markets, TSX, Toronto Stock Exchange, Transaction, Multilateral, Committee, Gold, Tax, LLP, DPM, NSX, Consideration, Capital, Minority, DeHeng Law Offices, OSN, Security (finance)

VANCOUVER, British Columbia, Feb. 25, 2024 (GLOBE NEWSWIRE) -- Yintai Gold Co., Ltd (000975.CN) ("Yintai") and Osino Resources Corp. (TSX:OSI.V) (NSX:OSN) (FSE:RSR1) ("Osino") are pleased to announce that they have entered into a binding arrangement agreement (the "Yintai Arrangement Agreement"), pursuant to which Yintai will acquire all of the outstanding common shares of Osino (each, an "Osino Common Share") by way of a plan of arrangement (the "Yintai Arrangement"), for cash consideration of C$1.90 for each Osino Common Share, valuing Osino at approximately C$368 million.

Key Points:

VANCOUVER, British Columbia, Feb. 25, 2024 (GLOBE NEWSWIRE) -- Yintai Gold Co., Ltd (000975.CN) ("Yintai") and Osino Resources Corp. (TSX:OSI.V) (NSX:OSN) (FSE:RSR1) ("Osino") are pleased to announce that they have entered into a binding arrangement agreement (the "Yintai Arrangement Agreement"), pursuant to which Yintai will acquire all of the outstanding common shares of Osino (each, an "Osino Common Share") by way of a plan of arrangement (the "Yintai Arrangement"), for cash consideration of C$1.90 for each Osino Common Share, valuing Osino at approximately C$368 million.
Accordingly, the Osino Board and the Special Committee recommend that Osino shareholders vote IN FAVOUR of the Transaction.
The Yintai Arrangement Agreement also provides for a termination fee of US$9.55 million, payable by Osino to Yintai in certain specified circumstances along with the repayment or conversion of the loan.
The Yintai Arrangement Agreement also includes a reverse termination fee in the amount of US$9.55 million, payable by Yintai to Osino in certain other specified circumstances.

BIT Mining Limited Completes Sale of its Mining Pool Business

Retrieved on:

월요일, 3월 4, 2024

Safety, Consideration, Development, Sale, Business, Mining, UTC, BIT, Cryptocurrency

AKRON, Ohio, March 4, 2024 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today announced the closing and completion of its previously announced sale of its entire mining pool business operated under BTC.com (the "Business") to Esport – Win Limited, a Hong Kong limited liability company, for a total consideration of US$5 million (the "Consideration").

Key Points:

AKRON, Ohio, March 4, 2024 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today announced the closing and completion of its previously announced sale of its entire mining pool business operated under BTC.com (the "Business") to Esport – Win Limited, a Hong Kong limited liability company, for a total consideration of US$5 million (the "Consideration").
The Business has been transferred to Esport – Win Limited.
As the transferred Business had approximately US$17 million in net liability as of January 31, 2024, the sale of the Business will result in an increase of approximately US$19 million in the total shareholders' equity of BIT Mining.
Xianfeng Yang, Chief Executive Officer of BIT Mining, commented, "The successful completion of this transformative transaction represents a pivotal milestone for BIT Mining, enabling the Company to heighten our focus on our remaining business units with a streamlined approach.