Myers | Jotup

Textainer to be Acquired by Stonepeak for $7.4 Billion

Retrieved on:

Monday, October 23, 2023

TGH, NYSE, South African rand, Myers, Disclosure, Acquisition, Senior, Growth, LLP, Deutsche Bank, JSE, Simpson Thacher & Bartlett, JSE Limited, BofA Securities, Security (finance), Cryptocurrency, Financial adviser, Textainer Group Holdings

Upon completion of the transaction and the redemption of Textainer’s Series A and B cumulative redeemable perpetual preference shares, Textainer will become a privately held company.

Key Points:

Upon completion of the transaction and the redemption of Textainer’s Series A and B cumulative redeemable perpetual preference shares, Textainer will become a privately held company.
Under the terms of the definitive agreement, which was unanimously approved by the Textainer Board of Directors, Textainer common shareholders will receive $50.00 per share in cash, with the total value of the common shares equaling approximately $2.1 billion.
“By partnering with Stonepeak, we will gain access to investment capital and industry expertise, positioning us for continued growth in the years to come.
Prior to closing, Textainer intends to maintain its current quarterly dividend on both the Textainer common and preference shares.

Venbrook Launches National Higher Ed Division To Deliver Complete Risk Management Solutions for Schools, Students, And Staff; Alison Myers At The Helm

Retrieved on:

Wednesday, October 11, 2023

LOS ANGELES, Oct. 11, 2023 /PRNewswire/ -- Venbrook Group, LLC ("Venbrook"), one of the largest independent insurance distribution and services firms in the U.S., today announced the formation of a national Higher Education division to bring a holistic approach to risk management solutions for K-12 schools, universities, faculty, staff, and students for all their insurance needs. The new division falls under Venbrook's Employee Benefits vertical, led by Alison Myers ("Myers"), Executive Vice President.

Key Points:

The new division falls under Venbrook's Employee Benefits vertical, led by Alison Myers ("Myers"), Executive Vice President.
Venbrook's new Higher Ed division will tailor customized risk management solutions for campuses across the U.S., helping schools identify insurance needs and relieve staff from the complexity and administration of policy implementation.
Conway will focus on the strategic direction of the division and help grow the national footprint of the company's Higher Ed offering.
"We are excited about the launch of our Higher Ed division and bringing Mike on board to grow our platform," said Myers.

Andrews Myers Secures Bad-Faith Judgment in Trade Secret Jury Trial

Retrieved on:

Wednesday, September 27, 2023

Professional Services, Data Management, Security, Technology, Legal, Other Technology, Telecommunications, Uniform Trade Secrets Act, Andersen v. Eighth Judicial District Court, Heart, PLLC, Court, Law, People's Law Office, Myers, Judgement, Insurance

Andrews Myers is pleased to announce another major victory for its client, Liquid Networx, in a longstanding trade secret dispute.

Key Points:

Andrews Myers is pleased to announce another major victory for its client, Liquid Networx, in a longstanding trade secret dispute.
Teligistics, Inc. filed a lawsuit seeking $23 million in actual damages based on its allegation that Liquid Networx, a reputable San Antonio-based cybersecurity and telecommunications company, had misappropriated a trade secret.
The case marks the first known judgment based on a jury’s bad-faith findings under the Texas Uniform Trade Secret Act.
Since Texas passed its version of the Uniform Trade Secret Act, there has been no reported case with a final judgment rendered on a jury verdict finding a claim had been brought in bad faith.

Faraday Future Appoints Scott Graziano, Senior Legal Executive with Extensive U.S. Public Company Experience, as Global General Counsel

Retrieved on:

Tuesday, September 26, 2023

In his new role, Mr. Graziano will report to the CEO of FF, and will serve on the Company’s executive leadership team.

Key Points:

In his new role, Mr. Graziano will report to the CEO of FF, and will serve on the Company’s executive leadership team.
View the full release here: https://www.businesswire.com/news/home/20230925744903/en/
Faraday Future Appoints Scott Graziano, Senior Legal Executive with Extensive U.S. Public Company Experience, as Global General Counsel (Photo: Business Wire)
Mr. Graziano has vast experience in managing legal departments at publicly listed companies in the U.S. and working at world-class law firms.
With Scott’s onboarding, the Company will continue to strengthen the organization and capabilities of the global legal team.
“Scott comes to FF with a wealth of public company legal expertise.

GOLDEN STATE FOODS APPOINTS CAMERON G. SMITH AS DEPUTY GENERAL COUNSEL

Retrieved on:

Thursday, September 14, 2023

University, Western Digital, Financial services, University of Michigan Law School, Health care, GSF, O'Melveny & Myers, Brigham Young University, District court, Myers, Ethics, Douglas v. U.S. District Court ex rel Talk America, Golden State Foods, Michigan Supreme Court

IRVINE, Calif., Sept. 14, 2023 /PRNewswire/ -- Golden State Foods (GSF), one of the largest diversified suppliers to the foodservice and retail industries, is pleased to announce the appointment of Cameron G. Smith as deputy general counsel, effective this week.

Key Points:

IRVINE, Calif., Sept. 14, 2023 /PRNewswire/ -- Golden State Foods (GSF), one of the largest diversified suppliers to the foodservice and retail industries, is pleased to announce the appointment of Cameron G. Smith as deputy general counsel, effective this week.
"Cameron is an accomplished professional with strong values and ethics," said John Page, GSF executive vice president and chief administrative officer.
Cameron will also help advance the organization's regulatory and emerging matters in governmental relations and affairs as part of his role at the company."
Cameron also spent a year as a law clerk for a judge of the U.S. District Court, Central District of California (Santa Ana, California).

The Myers Report's 2023 Survey: "X" (formerly Twitter) Faces Declining Confidence Among Ad Buyers

Retrieved on:

Thursday, September 7, 2023

Linda, Advertising, Optimism, Meta, Perception, Personal Relationships, Research, Social media, Myers, Bracken School Readiness Assessment, NBCUniversal, Marketing, Sales

Over 4,200 advertising professionals participated in the survey, and among them, 500+ social media ad buyers pinpointed key concerns over "X."

Key Points:

Over 4,200 advertising professionals participated in the survey, and among them, 500+ social media ad buyers pinpointed key concerns over "X."
Ad buyers from 14 top-tier agencies indicate plans to reduce their investment in "X" by an average of 43% in the next 6-12 months.
Jack Myers, founder of MediaVillage Education Foundation, emphasizes: "The Myers Report has consistently unveiled predictive industry insights since the 1980s.
Source: The Myers Report, Team Preparation and Readiness Assessment Survey 2023.

Liberty Media Corporation Announces Definitive Agreement to Acquire QuintEvents

Retrieved on:

Wednesday, September 6, 2023

Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced today that it has entered into a definitive agreement to acquire greater than 90% of QuintEvents, LLC (“Quint”) in a transaction valuing the company at $313 million.

Key Points:

Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced today that it has entered into a definitive agreement to acquire greater than 90% of QuintEvents, LLC (“Quint”) in a transaction valuing the company at $313 million.
“We are excited for Quint to join the Liberty family and strengthen our position in sports and live entertainment,” said Greg Maffei, Liberty Media President and CEO.
Liberty Media is the right partner for our next evolution of growth.
O’Melveny & Myers is serving as legal advisor to Liberty Media.

Independent Proxy Advisory Firms ISS and Glass Lewis Recommend eMagin Shareholders Vote “For” Proposed Transaction with Samsung Display

Retrieved on:

Monday, August 21, 2023

LLP, Samsung Electronics, EMagin, Display, Downside risk, Calendar, Institutional Shareholder Services, White & Case, Samsung, Capital surplus, Glass Lewis, Myers, Samsung Display, Glass, NYSE, AR, ISS, Holding company, Security (finance)

HOPEWELL JUNCTION, N.Y., Aug. 21, 2023 (GLOBE NEWSWIRE) -- eMagin Corporation (NYSE American: EMAN) (“eMagin” or the “Company”), a U.S.-based leader in the development, design, and manufacture of Active-Matrix OLED microdisplays for high-resolution, AR/VR and other near-eye imaging products, today announced both leading independent proxy advisory firms, Institutional Shareholder Services, Inc. (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”), have recommended that eMagin shareholders vote in favor of the proposed merger transaction with Samsung Display Co., Ltd., a subsidiary of Samsung Electronics Co. Ltd. and a worldwide manufacturer and distributor of display products.

Key Points:

As previously announced, eMagin shareholders would receive $2.08 per share in cash in a proposed transaction valued at approximately $218 million.
ISS and Glass Lewis are the leading independent, third-party proxy advisors to thousands of institutional investors and pension funds.
Until closing, eMagin and Samsung Display remain separate and independent companies.
Evercore Inc. is serving as exclusive financial advisor to Samsung Display and O'Melveny & Myers LLP is acting as legal counsel.

Ring Energy Announces the Closing of the Founders Oil & Gas Permian Basin Assets Acquisition

Retrieved on:

Wednesday, August 16, 2023

Permian, REI, Borrowing base, P.C, CBP, Acquisition, Myers, Transaction, Ring, NYSE, Cryptocurrency, Security (finance)

THE WOODLANDS, Texas, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced it has completed its previously announced acquisition (the “Transaction”) of the Central Basin Platform (“CBP”) assets of Founders Oil & Gas IV, LLC (“Founders”).

Key Points:

THE WOODLANDS, Texas, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced it has completed its previously announced acquisition (the “Transaction”) of the Central Basin Platform (“CBP”) assets of Founders Oil & Gas IV, LLC (“Founders”).
Mr. Paul D. McKinney, Chairman of the Board and Chief Executive Officer, commented, “We are pleased to inform our shareholders that we closed our previously announced acquisition of Founders Oil & Gas CBP assets on August 15, 2023.
This Transaction complements our conventional-focused CBP asset position in the Permian Basin with assets that are similar to the CBP assets we acquired in the third quarter of last year.
TenOaks Energy Advisors served as exclusive financial and technical advisor and O’Melveny & Myers LLP provided legal counsel to Founders.

Seasoned Healthcare Leader David Myers Joins NeoLight as Strategic Advisor

Retrieved on:

Tuesday, August 8, 2023

Business, Owens & Minor, Baxter International, MBA, Miami University, Patient, Myers, Hall, National accounts, Growth, Fuqua School of Business, SVP, Steris, Caregiver, Pharmaceutical industry, Management

SCOTTSDALE, Ariz., Aug. 8, 2023 /PRNewswire/ -- NeoLight, a leading provider of empathy-driven medical devices for newborn care, proudly welcomes David Myers as a Strategic Advisor to the company. With a successful career spanning key roles in the healthcare services and manufacturing sectors, Myers' experience will be pivotal in guiding NeoLight's continued growth and innovation.

Key Points:

SCOTTSDALE, Ariz., Aug. 8, 2023 /PRNewswire/ -- NeoLight, a leading provider of empathy-driven medical devices for newborn care, proudly welcomes David Myers as a Strategic Advisor to the company.
With a successful career spanning key roles in the healthcare services and manufacturing sectors, Myers' experience will be pivotal in guiding NeoLight's continued growth and innovation.
Before that, Myers spent 20 years at Seneca Medical, which later became Concordance Healthcare Solutions, rising to the role of President & COO.
NeoLight is an empathy-driven healthcare technology leader in the neonatal care space, utilizing leading-edge solutions to deliver top-tier, transformative care.