Elgin, Illinois

Middleby Schedules Second Quarter Earnings Release and Conference Call

Retrieved on: 
Wednesday, August 4, 2021
Retail, Restaurant, Bar, Manufacturing, Specialty, Other Manufacturing, Food, Beverage, Elgin, Illinois, Middleby Corporation, Conference call, Nasdaq, Finance, Financial markets, Investment

The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2021 second quarter earnings on Thursday, August 12 before the market opens.

Key Points: 
  • The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2021 second quarter earnings on Thursday, August 12 before the market opens.
  • The company has scheduled a conference call to discuss the results at 11 a.m. Eastern/10 a.m. Central Time on August 12.
  • The conference call is accessible through the Investor Relations section of the company website at www.middleby.com .
  • If website access is not available, the call can be joined by dialing (888) 391-6937 or (315) 625-3077 and entering conference code 8960508#.

Welbilt Board Determines That Revised Proposal From Ali Group Is a “Company Superior Proposal”

Retrieved on: 
Wednesday, July 7, 2021
Retail, Restaurant, Bar, Other Retail, Manufacturing, Specialty, Other Manufacturing, Food, Beverage, Radio stations, Elgin, Illinois, Middleby Corporation, New York Stock Exchange, WBT-FM, WBT, Radio broadcasting

Welbilt (NYSE:WBT) today announced that the Welbilt Board of Directors, in consultation with its legal and financial advisors, has determined that the revised unsolicited proposal (the Revised Unsolicited Proposal) from Ali Holding S.r.l.

Key Points: 
  • Welbilt (NYSE:WBT) today announced that the Welbilt Board of Directors, in consultation with its legal and financial advisors, has determined that the revised unsolicited proposal (the Revised Unsolicited Proposal) from Ali Holding S.r.l.
  • constitutes a Company Superior Proposal, as defined in Welbilts previously announced merger agreement with The Middleby Corporation (NASDAQ:MIDD).
  • The proposal is binding on Ali Group and may be accepted by Welbilt prior to July 14, 2021.
  • Welbilt has notified Middleby that it intends to terminate Middlebys merger agreement with Welbilt and enter into a definitive merger agreement with Ali Group, subject to Middlebys right to negotiate amendments to the merger agreement for five business days and the Welbilt Boards further determination as to whether any such amendments would cause the Ali Group proposal to no longer constitute a Company Superior Proposal.

Rieke Office Interiors Hires Bill Nicholson as Director of Sales

Retrieved on: 
Friday, July 2, 2021
Chemical elements, Chemistry, Physical sciences, Elgin, Texas, Elgin, Illinois, Rieke metal

ELGIN, Ill., July 2, 2021 /PRNewswire-PRWeb/ -- Rieke Office Interiors (ROI), an Elgin, Illinois-based company that has been designing and building custom workspaces and office furniture for over 25 years in the Chicagoland area, has hired Bill Nicholson as its Director of Sales.

Key Points: 
  • ELGIN, Ill., July 2, 2021 /PRNewswire-PRWeb/ -- Rieke Office Interiors (ROI), an Elgin, Illinois-based company that has been designing and building custom workspaces and office furniture for over 25 years in the Chicagoland area, has hired Bill Nicholson as its Director of Sales.
  • When COVID-19 pandemic came, he looked at the next chapter of his life and found Rieke Office Interiors.
  • Nicholson is proud to call Rieke Office Interiors his new work home.
  • Rieke Office Interiors (ROI) has an impressive, state-of-the-art, 150,000 square foot, office furniture manufacturing facility in Elgin, Illinois.

Dwight Capital Financed $364.26 MM in May 2021

Retrieved on: 
Wednesday, June 9, 2021
Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional services, Urban planning, Other Construction & Property, Residential Building & Real Estate, Chicago metropolitan area, Elgin, Illinois, Elgin, Dwight, Illinois, Dwight, Geography of Illinois, Fictional characters, Illinois

Dwight Capital financed in excess of $364.26 MM during May.

Key Points: 
  • Dwight Capital financed in excess of $364.26 MM during May.
  • Dwight provided a $47.36 MM HUD 223(f) refinance for Springs at South Elgin , a 300-unit townhome-style apartment community located in South Elgin, Illinois.
  • Dwight Capital LLC is one of the largest commercial real estate finance companies in the United States.
  • For more information about Dwight Capital, please visit: www.dwightcapital.com
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210609005108/en/

Middleby Comments on Ali Group’s Unsolicited and Non-Binding Indication of Interest to Acquire Welbilt

Retrieved on: 
Friday, May 28, 2021
Food, Beverage, Manufacturing, Other Manufacturing, Retail, Supermarket, Radio stations, Finance, Elgin, Illinois, Middleby Corporation, WBT, Mergers and acquisitions, NASDAQ, New York Stock Exchange, Economy

The Middleby Corporation (NASDAQ: MIDD) today reiterated its commitment to completing its proposed merger with Welbilt, Inc. (NYSE: WBT), in face of the unsolicited and non-binding indication of interest from Ali Holding SRL (Ali Group).

Key Points: 
  • The Middleby Corporation (NASDAQ: MIDD) today reiterated its commitment to completing its proposed merger with Welbilt, Inc. (NYSE: WBT), in face of the unsolicited and non-binding indication of interest from Ali Holding SRL (Ali Group).
  • Middleby highlights that it has a definitive agreement to acquire Welbilt, and the regulatory approval process is already underway.
  • Middleby remains firmly committed to seeing our proposed merger with Welbilt through, said Tim FitzGerald, Middleby CEO.
  • Ali Group's non-binding proposal has a number of conditions, challenges and risks, all of which increase the uncertainty of achieving a completed transaction.

Middleby Schedules First Quarter Earnings Release and Conference Call

Retrieved on: 
Friday, April 30, 2021
Other Manufacturing, Other Retail, Supermarket, Manufacturing, Home Goods, Restaurant, Bar, Food, Beverage, Retail, Supply chain management, Elgin, Illinois, Middleby Corporation, Conference call, NASDAQ, Finance, Financial markets, Investment

b"The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2021 first quarter earnings on Thursday, May 6 before the market opens.

Key Points: 
  • b"The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2021 first quarter earnings on Thursday, May 6 before the market opens.
  • The company has scheduled a conference call to discuss the results at noon Eastern/11 a.m. Central time on May 6.
  • The conference call is accessible through the Investor Relations section of the company website at www.middleby.com .
  • If website access is not available, the call can be joined by dialing (888) 391-6937 or (315) 625-3077 and entering conference code 1355164#.\nThe Middleby Corporation is a global leader in the foodservice equipment industry.

Rieke Office Interiors President Melissa Kehl Wins Enterprising Women Magazine Award

Retrieved on: 
Tuesday, April 27, 2021
Cision, Kehl, Elgin, Texas, Elgin, Illinois, Cities in the United States, Companies, Geography of Illinois

b'ELGIN, Ill., April 27, 2021 /PRNewswire-PRWeb/ --Elgin, Illinois-based Rieke Office Interiors (ROI) is proud to announce that President and Owner Melissa Kehl has won a 2021 Enterprising Women of the Year Award.

Key Points: 
  • b'ELGIN, Ill., April 27, 2021 /PRNewswire-PRWeb/ --Elgin, Illinois-based Rieke Office Interiors (ROI) is proud to announce that President and Owner Melissa Kehl has won a 2021 Enterprising Women of the Year Award.
  • Presented by Enterprising Women Magazine, these prestigious awards are an annual celebration and tribute to the world\'s top women entrepreneurs.\nFor several years, Kehl has been overseeing the multimillion dollar business which has been designing functional office environments and manufacturing custom office furniture for the past 27 years.
  • Kehl was one of 15 women business owners recognized in the category of "over $10 million and up to $25 million in annual revenues.
  • "\nRieke Office Interiors (ROI) has an impressive, state-of-the-art, 150,000 square foot, office furniture manufacturing facility in Elgin, Illinois.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Welbilt, Inc. Merger

Retrieved on: 
Wednesday, April 21, 2021
Elgin, Illinois, Middleby Corporation, XC2, Fiduciary, NASDAQ, Finance, Financial markets, Investment

b'WILMINGTON, Del., April 21, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A.

Key Points: 
  • b'WILMINGTON, Del., April 21, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A.
  • announces that it is investigating Welbilt, Inc. (\xe2\x80\x9cWelbilt\xe2\x80\x9d) (NYSE: WBT ) regarding possible breaches of fiduciary duties and other violations of law related to Welbilt\xe2\x80\x99s agreement to be acquired by The Middleby Corporation (\xe2\x80\x9cMiddleby\xe2\x80\x9d) (NASDAQ GS: MIDD ).\xc2\xa0 Under the terms of the agreement, Welbilt\xe2\x80\x99s shareholders will receive 0.1240 shares of Middleby per share.\nTo learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-welbilt-inc .\nYou may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .\nRigrodsky Law, P.A.
  • , with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.\nAttorney advertising.\xc2\xa0 Prior results do not guarantee a similar outcome.\n'

Middleby Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of The Middleby Corporation Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – MIDD

Retrieved on: 
Wednesday, April 21, 2021
Legal, Professional services, Financial markets, Stock market, Articles, Finance, Legal entities, Elgin, Illinois, Middleby Corporation, Securities fraud, Limited liability partnership, Shareholder, Stock

b'Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of The Middleby Corporation (NASDAQ: MIDD) and Welbilt, Inc. is fair to Middleby shareholders.

Key Points: 
  • b'Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of The Middleby Corporation (NASDAQ: MIDD) and Welbilt, Inc. is fair to Middleby shareholders.
  • Welbilt shareholders are expected to receive Middleby stock in connection with the merger.
  • On behalf of Middleby shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.\nHalper Sadeh LLP 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.\nAttorney Advertising.

The Middleby Corporation to Acquire Welbilt, Inc.

Retrieved on: 
Wednesday, April 21, 2021
Supply chain management, Manufacturing, Other Consumer, Supermarket, Food, Beverage, Other Manufacturing, Retail, Packaging, Home Goods, Consumer, Restaurant, Bar, Elgin, Illinois, Middleby Corporation, New York Stock Exchange

b"The Middleby Corporation (NASDAQ: MIDD) and Welbilt, Inc. (NYSE: WBT) have entered into a definitive agreement under which Middleby will acquire Welbilt in an all-stock transaction, enhancing the Middleby Commercial Foodservice platform with an attractive portfolio of products, brands and technologies.

Key Points: 
  • b"The Middleby Corporation (NASDAQ: MIDD) and Welbilt, Inc. (NYSE: WBT) have entered into a definitive agreement under which Middleby will acquire Welbilt in an all-stock transaction, enhancing the Middleby Commercial Foodservice platform with an attractive portfolio of products, brands and technologies.
  • With a strong balance sheet and robust cash generation, Middleby will be well positioned and capitalized to support significant R&D and future acquisition opportunities.
  • The acquisition of Welbilt is a transformational opportunity for Middleby and a compelling combination that will benefit all of our stakeholders,\xe2\x80\x9d said Middleby CEO Timothy FitzGerald.
  • The transaction is expected to close in late 2021, subject to customary closing conditions, including regulatory and Middleby and Welbilt shareholder approvals.\nGuggenheim Securities, LLC served as financial advisor to Middleby.