Proposal

Key ATSC 3.0 Technologies Selected by Brazil for Its Next-generation Digital TV Standard

Retrieved on: 
Tuesday, January 18, 2022

ATSC commends SBTVD Forum for its very well-organized process of developing Brazils TV 3.0 system, said ATSC President Madeleine Noland.

Key Points: 
  • ATSC commends SBTVD Forum for its very well-organized process of developing Brazils TV 3.0 system, said ATSC President Madeleine Noland.
  • Over the past decade ATSC members developed the ATSC 3.0 system, and I am extremely proud that after rigorous testing and evaluation in Brazil, many elements of ATSCs state-of-the-art terrestrial broadcast system have been selected.
  • The SBTVD Forum is a non-profit organization of private and public companies responsible for digital TV deployment in Brazil.
  • ATSCs proposals for ATSC 3.0 Physical Layer and ATSC 3.0 Interactive Content systems remain among those to be further evaluated.

Provus Inc. Launches Services Quoting Cloud to bridge a critical gap in the sales process automation

Retrieved on: 
Wednesday, January 19, 2022

Product launch officially establishes Provus as one of the industry leaders in the Services Quoting Cloud.

Key Points: 
  • Product launch officially establishes Provus as one of the industry leaders in the Services Quoting Cloud.
  • Financial controllers are unsure if deals being quoted meet desired margin and revenue targets without exposure to the risk of overly optimistic or aggressive quoting.
  • Provus' unique AI-driven approach generates what-if scenarios that serve as the core of any services quoting process.
  • Provus' unique AI-driven approach generates what-if scenarios that serve as the core of any services quoting process.

51job, Inc. Announces Receipt of a Proposal to Amend Merger Consideration for Going-Private Transaction

Retrieved on: 
Wednesday, January 12, 2022

A copy of the Proposal Letter is attached hereto as Exhibit A.

Key Points: 
  • A copy of the Proposal Letter is attached hereto as Exhibit A.
  • The Special Committee will evaluate the Proposed Revised Transaction in light of the latest development with the assistance of its financial and legal advisors.
  • The Company does not undertake any obligation to provide any updates with respect to the Proposed Revised Transaction or any other transaction, except as required under applicable law.
  • All forward-looking statements are based upon management's expectations at the time of the statements and involve inherent risks and uncertainties.

Sprague Resources Announces Receipt of Proposal to Acquire All of its Outstanding Common Units

Retrieved on: 
Tuesday, January 11, 2022

As you are aware, Hartree owns, through its wholly owned subsidiary, Sprague HP Holdings, LLC, (i) 19,548,849 Common Units, representing 74.5% of the limited partnership interest in Sprague LP (based on the number of outstanding Common Units reported by Sprague LP in its Quarterly Report on Form 10-Q filed with the SEC on November 4, 2021) and (ii) 100% of the outstanding incentive distribution rights of Sprague LP.

Key Points: 
  • As you are aware, Hartree owns, through its wholly owned subsidiary, Sprague HP Holdings, LLC, (i) 19,548,849 Common Units, representing 74.5% of the limited partnership interest in Sprague LP (based on the number of outstanding Common Units reported by Sprague LP in its Quarterly Report on Form 10-Q filed with the SEC on November 4, 2021) and (ii) 100% of the outstanding incentive distribution rights of Sprague LP.
  • In addition, Hartree owns 100% of the non-economic general partner interests in Sprague LP through its indirect wholly owned subsidiary, Sprague Resources GP LLC, the general partner of Sprague LP (Sprague GP).
  • We expect that the Transaction would be structured as a merger, through which a Hartree-controlled acquisition vehicle would merge into Sprague LP, with Sprague LP surviving the merger.
  • In anticipation of such a delegation, we want to advise you that we are interested only in acquiring Common Units of Sprague LP and are not interested in selling any of our equity interests in Sprague LP or pursuing other strategic alternatives involving Sprague LP.

22NW Provides Update on Requisition of DIRTT Shareholder Meeting

Retrieved on: 
Thursday, January 6, 2022

SEATTLE, Jan. 06, 2022 (GLOBE NEWSWIRE) -- 22NW Fund, LP (22NW) today provided an update on its requisition (the Requisition) of a shareholders meeting of DIRTT Environmental Solutions Ltd. (NASDAQ:DRTT; TSX:DRT) (DIRTT).

Key Points: 
  • SEATTLE, Jan. 06, 2022 (GLOBE NEWSWIRE) -- 22NW Fund, LP (22NW) today provided an update on its requisition (the Requisition) of a shareholders meeting of DIRTT Environmental Solutions Ltd. (NASDAQ:DRTT; TSX:DRT) (DIRTT).
  • The Complaint alleges breaches of securities laws by 22NW, another major shareholder of DIRTT and potentially other institutional shareholders of DIRTT.
  • As the investment manager of 22NW Fund, 22NW LP may be deemed to beneficially own the 15,894,165 Shares directly beneficially owned by 22NW Fund.
  • As the general partner of 22NW Fund, 22NW GP may be deemed to beneficially own the 15,894,165 Shares directly beneficially owned by 22NW Fund.

Hailiang Education Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company at US$14.31 per ADS

Retrieved on: 
Thursday, December 23, 2021

The Company cautions that the Board has just received the Proposal and has not made any decisions with respect to the Proposal and the Proposed Transaction.

Key Points: 
  • The Company cautions that the Board has just received the Proposal and has not made any decisions with respect to the Proposal and the Proposed Transaction.
  • About Hailiang Education Group Inc.
    Hailiang Education (Nasdaq: HLG) is one of the largest primary, middle, and high school educational service providers inChina.
  • Hailiang Education adapts its education services based upon its students' individual aptitudes.
  • This press release contains information about Hailiang Education's view of its future expectations, plans, and prospects that constitute forward-looking statements.

Edward Fenster, Sunrun’s co-Founder and co-Executive Chairman, Issues Statement Responding to Draft Proposed Changes to California’s Net Energy Metering Program

Retrieved on: 
Tuesday, December 14, 2021

We believe the solar-customer fixed fees averaging about $700 per year are in violation of the Public Utility Regulatory Policies Act of 1978 (PURPA).

Key Points: 
  • We believe the solar-customer fixed fees averaging about $700 per year are in violation of the Public Utility Regulatory Policies Act of 1978 (PURPA).
  • The proposal is contrary both to what Californians have clearly said they want and to editorials in all major California newspapers.
  • Finally, the proposed reduction to grandfathering for existing customers is an outrageous violation of trust and undermines the Commissions stated interest in consumer protection.
  • Citations to industry and market statistics used herein may be found in our Investor Presentation, available via the Investor Relations section of Sunruns website at https://investors.sunrun.com .

Calgary Airport - Banff Passenger Rail Project Enters Design Phase

Retrieved on: 
Wednesday, December 8, 2021

The CABR system will operate on a new, dedicated passenger line built within the existing CP Rail freight corridor and will provide high frequency, reliable service between 7 stations: Calgary Airport, Calgary Downtown, Calgary Keith, Cochrane, Morley (Stoney Nakoda), Canmore and Banff.

Key Points: 
  • The CABR system will operate on a new, dedicated passenger line built within the existing CP Rail freight corridor and will provide high frequency, reliable service between 7 stations: Calgary Airport, Calgary Downtown, Calgary Keith, Cochrane, Morley (Stoney Nakoda), Canmore and Banff.
  • Net ticket costs from Calgary to Banff for Albertans are estimated to be about $20 taking into account anticipated discounts to the Park.
  • Calgary Mayor Jyoti Gondek said: The Calgary Airport to Banff Rail project will put Calgary on track to help meet our climate targets through sustainable transit, boost our economy, and provide a connection for Calgarians to access the airport from downtown.
  • Banff Mayor Corrie DiManno stated: We are excited to see progress in this important proposal to bring back passenger rail connecting Banff with the world through the Calgary International Airport.

So-Young Announces Engagement of Legal and Financial Advisors to the Special Committee

Retrieved on: 
Friday, December 3, 2021

No decisions have been made by the Special Committee with respect to the Proposed Transaction.

Key Points: 
  • No decisions have been made by the Special Committee with respect to the Proposed Transaction.
  • The Company does not undertake any obligation to provide any update with respect to the Proposed Transaction, except as required under applicable law.
  • Further announcements will be made by the Special Committee when and as appropriate.
  • Further information regarding these and other risks is included in the Companys filings with the Securities and Exchange Commission.

Envestnet Insurance Exchange Powered By Collaboration Between FIDx & SIMON

Retrieved on: 
Thursday, December 2, 2021

The integrated platform will offer full retail annuities lifecycle functionality, bringing together the best technology from FIDx and SIMON to power the Envestnet Insurance Exchange and enhance the end-to-end experience for advisors.

Key Points: 
  • The integrated platform will offer full retail annuities lifecycle functionality, bringing together the best technology from FIDx and SIMON to power the Envestnet Insurance Exchange and enhance the end-to-end experience for advisors.
  • This partnership delivers a consistent user experience, whether advisors access the integrated platform directly via either SIMON or FIDx, or via the Envestnet Insurance Exchange.
  • "By leveraging the best of what the Envestnet Insurance Exchange, FIDx, and SIMON offer, we are creating a truly holistic, unified solution for managing annuities in client portfolios.
  • "The Envestnet Insurance Exchange has changed the way advisors are able to evaluate both commission-based and commission-free annuities.