Privatization

TECPETROL ANNOUNCES SUCCESSFUL TAKE-OVER BID TO ACQUIRE CONTROL OF ALPHA LITHIUM CORPORATION AND MANDATORY EXTENSION OF OFFER TO OCTOBER 31, 2023

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Saturday, October 21, 2023

("Tecpetrol"), a member of the Techint Group, announces today that its wholly-owned subsidiary, TechEnergy Lithium Canada Inc., has taken-up and acquired 102,692,615 common shares of Alpha Lithium Corporation ("Alpha"), representing approximately 54% of the issued and outstanding Alpha shares, pursuant to its offer (the "Offer") to acquire Alpha for C$1.48 in cash per share.

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("Tecpetrol"), a member of the Techint Group, announces today that its wholly-owned subsidiary, TechEnergy Lithium Canada Inc., has taken-up and acquired 102,692,615 common shares of Alpha Lithium Corporation ("Alpha"), representing approximately 54% of the issued and outstanding Alpha shares, pursuant to its offer (the "Offer") to acquire Alpha for C$1.48 in cash per share.
Following the mandatory 10-day extension period, Tecpetrol intends to pursue a subsequent acquisition transaction to complete the privatization of Alpha and acquire all Alpha shares not acquired pursuant to the Offer.
In particular:
The Offer has been unanimously recommended by the Alpha Board of Directors, all of whom have already tendered their Alpha shares.
To the knowledge of Tecpetrol, all of the directors and officers of Alpha, including Brad Nichol, President & CEO of Alpha, have already tendered their Alpha shares.

KASKELA LAW LLC ALERT: Does $4.70 Per Share Represent Sufficient Consideration for Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) Shareholders in Proposed Buyout?

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Monday, October 16, 2023

Privatization, Acquisition, Consolidated Communications, CNSL, Consolidated

PHILADELPHIA, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) (“Consolidated Communications”) on behalf of the company’s shareholders to determine the fairness of the company’s proposed privatization agreement.

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PHILADELPHIA, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) (“Consolidated Communications”) on behalf of the company’s shareholders to determine the fairness of the company’s proposed privatization agreement.
Following the closing of the proposed transaction, Consolidated Communications shareholders will be cashed out of their investment position and the company’s shares will no longer be publicly traded.
Consolidated Communications shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.
Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis.

H2O Innovation Signs Definitive Agreement to Be Acquired by Ember Alongside IQ, CDPQ and Management

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Tuesday, October 3, 2023

Other Manufacturing, Engineering, Chemicals, Plastics, Utilities, Manufacturing, Energy, Other Natural Resources, Mining, Minerals, Natural Resources, Davies Ward Phillips & Vineberg, Canada Business Corporations Act, Special, CDPQ, Entrepreneurship, Acquisition, Transaction, Toronto Stock Exchange, Canadian House of Commons Special Committee on Electoral Reform, HEO, Minority, Capital market, Financial assistance (share purchase), Innovation, Meeting, Philosophy, Privatization, TSX, Growth, Multilateral, Proxy, Scotiabank, LLP, Committee, Disclosure, Desjardins, Carbon, Blake, Cassels & Graydon, Investissement Québec, Water, Norton Rose Fulbright, Rollover, Weil, Gotshal & Manges, Partnership, MI, IQ, Arrangement, Prospectus, Consideration, OTCQX, Security (finance), Holding company, Management, Bank, Audit, Shareholder, Ember, Share (finance), Corporation, H2O

“After extensive work we have concluded that this transaction is in the best interest of H2O Innovation and fair to our Shareholders.

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“After extensive work we have concluded that this transaction is in the best interest of H2O Innovation and fair to our Shareholders.
In addition to the attractive premium offered to H2O Innovation’s Shareholders, Ember has agreed to key commitments for H2O Innovation and its stakeholders.
Upon completion of the Transaction, Ember will be the controlling shareholder of H2O Innovation, with IQ, CDPQ and the key executives of H2O Innovation, together, holding an equity interest in the Corporation of approximately 21%.
Scotiabank acted as exclusive financial advisor to H2O Innovation and Desjardins acted as independent financial advisor to the Special Committee.

SJTA & IRG Reach Agreement on Industrial Development Lease in New Jersey

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Tuesday, October 3, 2023

Atlantic City International Airport, South Jersey Transportation Authority, Maintenance, Executive director, IRG, SJTA, Atmosphere, Industrialisation, Aviation, Transport, Development, Privatization, NASA, ACY, Veterans' affairs, ACEA, Tourism, Airline

EGG HARBOR TOWNSHIP, N.J., Oct. 3, 2023 /PRNewswire/ -- Industrial Realty Group, LLC (IRG), one of the largest industrial real estate developers in the nation, announced that the company has reached agreement with the South Jersey Transportation Authority (SJTA) on a ground lease of approximately 400 acres in the Northwest corner of the Atlantic City International Airport (ACY). As part of the agreement, SJTA and IRG agree to work cooperatively towards the construction of a new, mixed-use development with the potential for multi-modal infrastructure.

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As part of the agreement, SJTA and IRG agree to work cooperatively towards the construction of a new, mixed-use development with the potential for multi-modal infrastructure.
"IRG has a wealth of experience in the aviation segment of commercial development," said Stuart Lichter, President of IRG.
In July 2022, SJTA authorized the Executive Director, Stephen F. Dougherty, to enter negotiations and execute an agreement for the development of the northwest quadrant of the airport.
This lease agreement is the culmination of efforts from the SJTA and IRG under the July 2022 authorization.

Leading Independent Proxy Advisory Firm ISS Recommends IMAX China Shareholders Vote "FOR" the Privatization Transaction with IMAX Corporation

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Wednesday, September 27, 2023

IMAX Corporation, Independent financial adviser, Ability, Deal, Privatization, Risk, Scheme, Growth, IMAX, Letter, NYSE, ISS, Security (finance), Cryptocurrency

NEW YORK, Sept. 26, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that leading independent proxy advisory firm Institutional Shareholder Services, Inc. ("ISS") has recommended that shareholders of IMAX China (HKSE:1970), a Hong Kong-listed subsidiary established by IMAX Corporation to oversee its business in Greater China, vote "FOR" the Company's previously announced privatization transaction with IMAX.

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Highlights the Long-Term Benefits of the Deal, Including the Ability to Fuel New Growth in China While Reducing Operation Costs
NEW YORK, Sept. 26, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that leading independent proxy advisory firm Institutional Shareholder Services, Inc. ("ISS") has recommended that shareholders of IMAX China (HKSE:1970), a Hong Kong-listed subsidiary established by IMAX Corporation to oversee its business in Greater China, vote "FOR" the Company's previously announced privatization transaction with IMAX.
Upon approval of the offer and the scheme of arrangement, IMAX Corporation will own 100% of IMAX China.
IMAX China has scheduled an Extraordinary Shareholders Meeting to approve the proposed transaction with IMAX for October 10, 2023.
The full IFA letter is contained in the scheme document jointly issued by IMAX China and IMAX Corporation on September 15, 2023.

IMAX Corporation Responds to Letko's Statement on the Proposed Privatization of IMAX China

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Monday, September 25, 2023

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While IMAX China's first half results are encouraging reflecting both theatre re-openings and increased box office market share, IMAX China's share price continued to exhibit weakness and its trading volume hit all-time lows throughout 2023 prior to the proposed privatization transaction despite market awareness of IMAX China's results through weekly box office reporting and the first quarter results released by IMAX Corporation on April 27, 2023.

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While IMAX China's first half results are encouraging reflecting both theatre re-openings and increased box office market share, IMAX China's share price continued to exhibit weakness and its trading volume hit all-time lows throughout 2023 prior to the proposed privatization transaction despite market awareness of IMAX China's results through weekly box office reporting and the first quarter results released by IMAX Corporation on April 27, 2023.
IMAX China's volume weighted average price for the 30 and 90 full trading days prior to the transaction announcement was $6.46 and $7.50.
The proposal provides IMAX China shareholders with HK$10.00 per share in cash, which could be reinvested in IMAX Corporation's shares for those shareholders interested in participating in the company's continued growth in China.
Finally, IMAX China has confirmed that it will not declare or pay any dividends before 31 December 2023, and there is no guarantee that IMAX China will declare or pay any dividends after such date.

ON LOCATION UNVEILS OLYMPIC GAMES FIRSTS: NEW IMMERSIVE HOSPITALITY ACCESS PUTS SPECTATORS AT THE CENTER OF THE GREATEST MOMENTS OF THE OLYMPIC GAMES PARIS 2024

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Monday, September 25, 2023

PARIS, Sept. 25, 2023 /PRNewswire/ -- Today, On Location, the official Hospitality provider for the Olympic and Paralympic Games, unveils a new collection of exciting packages of once-in-a-lifetime opportunities available at the Olympic Games Paris 2024. The latest offerings include exclusive packages for track and field and sailing that have never been available before, and breathtaking dining in the iconic Eiffel Tower.

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On Location is the only way to purchase hospitality packages to the Olympic Games Paris 2024.
Booking an Olympic Games hospitality package through On Location guarantees fans a ticket to the Olympic Games Paris 2024.
With the exception of the Paris 2024 Ticketing Program, the official Olympic Games Paris 2024 Hospitality Program is the only guaranteed way to secure attendance to the Olympic Games, as these are the only official and safe sources to buy tickets and hospitality packages for the Olympic Games Paris 2024.
As previously mentioned, On Location is the only way to purchase hospitality packages to the Olympic Games Paris 2024.

Major protests on Ontario Legislature’s opening: Thousands to oppose Ford’s hospital privatization

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Thursday, September 21, 2023

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TORONTO, Ontario and ALGOMA, Ontario and DRYDEN, Ontario and THUNDER BAY, Ontario, Sept. 21, 2023 (GLOBE NEWSWIRE) -- The people of Ontario have built up our local public hospitals and their services over 100 years.

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TORONTO, Ontario and ALGOMA, Ontario and DRYDEN, Ontario and THUNDER BAY, Ontario, Sept. 21, 2023 (GLOBE NEWSWIRE) -- The people of Ontario have built up our local public hospitals and their services over 100 years.
Now, the Ford government is dismantling our local public hospitals in a concerted effort to privatize them, warns the Ontario Health Coalition which is planning a major protest on Monday, the day the Legislature opens.
There will be a second protest Tuesday for Jewish communities as the Ford government set the Legislature’s opening day on Yom Kippur.
The Coalition has vowed to use every tool available to the public to stop Ford's health privatization schemes.

TransMontaigne Appoints Randal Maffett as Chief Executive Officer

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Thursday, September 21, 2023

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TransMontaigne Partners LLC (“TransMontaigne” or the “Company”), a leading provider of terminaling, storage, transportation and related services to the energy industry, today announced that Randal “Randy” Maffett has been appointed Chief Executive Officer of the Company, effective October 1, 2023.

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TransMontaigne Partners LLC (“TransMontaigne” or the “Company”), a leading provider of terminaling, storage, transportation and related services to the energy industry, today announced that Randal “Randy” Maffett has been appointed Chief Executive Officer of the Company, effective October 1, 2023.
Fred Boutin, who has served as CEO of TransMontaigne since 2014, will become Executive Chairman of the Board of Managers (the “Board”) of TLP Acquisition Holdings, LLC.
“TransMontaigne’s strategic asset footprint will enable the Company to continue to grow with its customers, including to support energy transition related projects.
“It has been a privilege to lead TransMontaigne for the last nine years,” said Mr. Boutin.

David Suzuki, Labour, Health, Refugee and Climate Organizations Unite to Call for Status for All

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Friday, September 15, 2023

The groups are calling on Prime Minister Trudeau to deliver on his promise to provide permanent status and equal rights for all migrants in Canada.

Key Points:

The groups are calling on Prime Minister Trudeau to deliver on his promise to provide permanent status and equal rights for all migrants in Canada.
It has been twenty months since Prime Minister Trudeau gave mandate letter instructions to provide permanent resident status for undocumented people, migrant workers, students, and families.
Hundreds of thousands of people in Canada suffer from poverty, fear, and exploitation because they are denied permanent resident status.
The moment to act on a historic and pragmatic opportunity to better thousands of lives is now."