Myers

Semtech Corporation Completes Acquisition of Sierra Wireless

Retrieved on: 
Thursday, January 12, 2023
Technology, Mobile, Wireless, Semiconductor, Carriers and Services, Telecommunications, Networks, Internet, IOT (Internet of Things), Data Management, Cloud, Slate, Toronto Stock Exchange, Sierra, Qatalyst Partners, Blake, Cassels & Graydon, EPS, Internet, LoRa, Myers, Cloud computing, Corporation, IOT, TSX, Stikeman Elliott, Knowledge, Toyota Canada Inc., Engineering, SWIR, Sierra Wireless, LLP, Skadden, BMO Capital Markets, US, Acquisition, Wardwell, Multimedia, Accounting, Semtech

Semtech Corporation (Nasdaq: SMTC ) and Sierra Wireless, Inc. (Nasdaq: SWIR) (TSX: SW) today announced the completion of Semtech’s acquisition of Sierra Wireless in an all-cash transaction representing a total enterprise value of approximately US$1.2 billion.

Key Points: 
  • Semtech Corporation (Nasdaq: SMTC ) and Sierra Wireless, Inc. (Nasdaq: SWIR) (TSX: SW) today announced the completion of Semtech’s acquisition of Sierra Wireless in an all-cash transaction representing a total enterprise value of approximately US$1.2 billion.
  • We believe that Semtech is uniquely positioned to deliver a strong product portfolio and service model to customers across high growth IoT segments.”
    Former Sierra Wireless senior leaders join the Semtech leadership team in two newly formed business groups.
  • 13548597 Canada Inc., a wholly owned subsidiary of Semtech Corporation, has acquired all of the outstanding common shares of Sierra Wireless, Inc. for US$31 per share by way of statutory plan of arrangement.
  • Sierra Wireless has requested that The Nasdaq Stock Market (“Nasdaq”) file a delisting application on Form 25 to report the delisting of the common shares of Sierra Wireless from Nasdaq.

The Myers Report Forecasts Economic Trends in Advertising Spend Among Legacy, Linear and Digital Media

Retrieved on: 
Monday, January 9, 2023
Forecast, Ecosystem, Advertising, Attitude, Olympic Games, Intact Media Group, Egg, Organization, Television, Growth, EMarketer, Nielsen, Investment, Advanced television, Myers, Annual report, Marketing, Pharmaceutical industry, Video game

NEW YORK, Jan. 9, 2023 /PRNewswire/ -- Media ecologist Jack Myers, chairman of MediaVillage and The Myers Report, today announced the publication of The Myers Report's 30th annual Marketing/Advertising Data and Forecast. The Myers Report also includes a look at the ups and downs of the 2022/23 Upfront investment, which surveyed senior agency decision makers at eight global media buying organizations.

Key Points: 
  • Myers points to the cyclical impact of more than $12 billion invested in 2022 political advertising plus the World Cup and Beijing Olympics included in the 2022 advertising spend.
  • These include programmatic and procurement-led commoditization, data disruption, expansion of retail media networks, and a 'shiny new object syndrome' in digital media investments."
  • The Myers Report estimates a 7.1% increase in 2022 advertising spending ($197.5 billion), reflecting 6.1% growth of legacy/linear media ($89.6 billion) and 7.8% digital media growth ($107.9 billion).
  • For 2023, The Myers Report forecasts 6.3% declines in legacy linear advertising investments offset by 6.5% growth in digital spend.

Fang Holdings Announces the Signing of Definitive Agreements Relating to the Going-Private Transaction of China Index Holdings

Retrieved on: 
Thursday, December 22, 2022
Tripura Merger Agreement, Plan, Commitment, ADS, Schedule, CIH, ADSS, Sub, US, Letter, OTC, Myers, Schedule 13D, Security (finance), Parent, Mergers and acquisitions

BEIJING, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Fang Holdings Limited (OTC: SFUNY) (“Fang” or the “Company”), a leading real estate Internet portal in China, today announced the signing of definitive agreements relating to the going-private transaction of China Index Holdings Limited (NASDAQ: CIH) (“CIH”), a leading real estate information and analytics service platform provider in China.

Key Points: 
  • BEIJING, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Fang Holdings Limited (OTC: SFUNY) (“Fang” or the “Company”), a leading real estate Internet portal in China, today announced the signing of definitive agreements relating to the going-private transaction of China Index Holdings Limited (NASDAQ: CIH) (“CIH”), a leading real estate information and analytics service platform provider in China.
  • CIH has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with CIH Holdings Limited (“Parent”) and CIH Merger Sub Holdings Limited (“Merger Sub”), a wholly owned subsidiary of Parent.
  • The Merger is currently expected to close during the first quarter of 2023 and is subject to customary closing conditions.
  • All parties desiring details regarding the Merger are urged to review these documents, which will be available at the SEC’s website (http://www.sec.gov).

China Index Holdings Enters into Definitive Agreement for Going-Private Transaction

Retrieved on: 
Thursday, December 22, 2022
Tripura Merger Agreement, Plan, Roth Capital Partners, Companies Act 2006, ADS, Committee, Electric Bond and Share Company v. Securities and Exchange Commission, Schedule, ADSS, Sub, Companies Act, Support, AND, Letter, LLP, Treasury, Form 6-K, Myers, Canadian House of Commons Special Committee on Electoral Reform, Gibson, Dunn & Crutcher, US, Holding company, Security (finance), Parent, Mergers and acquisitions, Share (finance)

BEIJING, Dec. 22, 2022 (GLOBE NEWSWIRE) -- China Index Holdings Limited (NASDAQ: CIH), (“CIH” or the “Company”), a leading real estate information and analytics service platform provider in China, today announced that it has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with CIH Holdings Limited (“Parent”) and CIH Merger Sub Holdings Limited (“Merger Sub”), a wholly owned subsidiary of Parent.

Key Points: 
  • BEIJING, Dec. 22, 2022 (GLOBE NEWSWIRE) -- China Index Holdings Limited (NASDAQ: CIH), (“CIH” or the “Company”), a leading real estate information and analytics service platform provider in China, today announced that it has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with CIH Holdings Limited (“Parent”) and CIH Merger Sub Holdings Limited (“Merger Sub”), a wholly owned subsidiary of Parent.
  • Certain shareholders of the Company, including Fang Holdings Limited, ACE Smart Investments Limited, Media Partner Technology Limited, Next Decade Investments Limited, Karistone Limited, Open Land Holdings Limited, True Knight Limited, Digital Link Investments Limited, General Atlantic Singapore Fund Pte.
  • Fang Holdings Limited has also executed and delivered to the Company a limited guarantee in favor of the Company pursuant to which it agreed to guarantee certain payment obligations of Parent under the Merger Agreement.
  • In connection with the Merger, the Company will prepare and mail a Schedule 13E-3 Transaction Statement (the “Schedule 13E-3”) to its shareholders.

K&N Reaches Agreement with 100% of Lenders and Equity Sponsor to Recapitalize its Balance Sheet and Position K&N for Future Success

Retrieved on: 
Tuesday, January 3, 2023
Wardwell, LLP, Longevity, The Company, K&N, Residential area, Trust, GE, Atmosphere, Myers, Love, Ropes & Gray, Alvarez and Marsal, Marketing, O'Melveny & Myers, Engineering, RSA, SensUs, Filtration, Documentation, Crowell, HVAC, Heating, ventilation, and air conditioning, Management, Bank, Risk management

RIVERSIDE, Calif., Jan. 3, 2023 /PRNewswire/ -- K&N Engineering, Inc. ("K&N" or the "Company") today announced that it has taken steps to strengthen its financial foundation and position the business for continued long-term success.

Key Points: 
  • The Company has entered into a Restructuring Support Agreement ("RSA") with 100% of its lenders to significantly strengthen its financial position.
  • K&N remains committed to its strong vendor relationships and talented team members, which underpin the Company's success and market leadership position.
  • K&N today also announced that it has appointed Randy Bays as interim Chief Executive Officer, effective January 3, 2023.
  • Mr. Bays succeeds Richard Bisson, who is stepping down as the Company's CEO to manage his family office.

MediaVillage's Editor & Chief Television and Content Critic Names Top 25 Programs of 2022

Retrieved on: 
Wednesday, December 14, 2022
Got Talent, American Horror Story, Hulu, Emmy Awards, NBCU, Television, Human, Female, Critics Choice Association, Mare of Easttown, House, Linearity, HBO, Sheldon, ABC, Vestron Pictures, HBO Max, Jeffrey Dahmer, Myers, NBC, CBS, Parent, Woman, House of the Dragon, Dancing with the Stars, Multimedia, The Big Bang Theory, Education, Garvey, Apple TV, TV Week, AMC, 69th Primetime Emmy Awards, Anna, Seyfried, Clothing, Toy, Management, Film, FX, Netflix, Series, Cassian

For the complete list of the veteran broadcast journalist's Top 25 Programs of 2022 -- on ABC, AMC+, Apple TV+, CBS, Disney+, Fox, FX/ Hulu, HBO, HBO Max, NBC/Peacock, Netflix, Paramount+ -- visit MediaVillage.com.  

Key Points: 
  • NEW YORK, Dec. 14, 2022 /PRNewswire/ -- Ed Martin, MediaVillage 's Editor and Chief Television and Content Critic, has chosen the 25 best programs of the year, that will be published on the media industry's go to business-to-business education and knowledge platform.
  • "It's hard to believe these annual Best of the Year lists used to be limited to ten programs," said Martin.
  • "I could easily add at least ten more outstanding shows from 2022 to these Top 25.
  • Excerpts of Ed Martin's commentary on his Top 13-25 programs of 2022 are below.

CareTrust REIT Announces James Callister to Succeed Mark Lamb as Chief Investment Officer

Retrieved on: 
Monday, November 28, 2022
Professional Services, Nursing, Health, Managed Care, Finance, Construction & Property, REIT, General counsel, REIT, History, Negotiation, Brigham Young University, NYSE, Private practice, Myers, Acquisition, Nursing, Management, Real estate

The Board of Directors of CareTrust REIT, Inc. (NYSE:CTRE) announced today the appointment of James Callister as Chief Investment Officer, to be effective as of December 31, 2022.

Key Points: 
  • The Board of Directors of CareTrust REIT, Inc. (NYSE:CTRE) announced today the appointment of James Callister as Chief Investment Officer, to be effective as of December 31, 2022.
  • Mr. Callister will succeed Mark Lamb, who will be leaving the company after a transition period to pursue entrepreneurial opportunities.
  • Mark has always been a true partner and friend and we wish him continued success in the future.
  • Mr. Callister has assisted in the structuring, negotiating and closing of all of CareTrusts acquisitions since its formation as a REIT.

Interview Alert: November 8th Midterm Election Predictions in 14 States Based on The Myers Report Google Search

Retrieved on: 
Thursday, November 3, 2022
Google Search, Politics, Personality, News, Congress, Research, Myers, Pennsylvania State Senate, Social media, Name, Media, Democrat, Senate, Google

NEW YORK, Nov. 3, 2022 /PRNewswire/ -- Media ecologist Jack Myers is available to explain his Google Search analysis published by MediaVillage.com, based on research conducted for The Myers Report, and why it uncovers insightful and potentially predictive results of the upcoming midterm election. Jack Myers' Think Tank column based on the MediaVillage study of Google Search results on 14 state midterm elections is below and linked here.

Key Points: 
  • NEW YORK, Nov. 3, 2022 /PRNewswire/ -- Media ecologist Jack Myers is available to explain his Google Search analysis published by MediaVillage.com , based on research conducted for The Myers Report, and why it uncovers insightful and potentially predictive results of the upcoming midterm election.
  • Jack Myers' Think Tank column based on the MediaVillage study of Google Search results on 14 state midterm elections is below and linked here .
  • Google Search analysis conducted by The Myers Report uncovers potentially predictive results of midterm election.
  • A Google Search analysis published by MediaVillage.com based on research conducted by The Myers Report uncovers interesting and potentially predictive results.

Edison Partners Adds to Senior Leadership, Continues Consistent Growth

Retrieved on: 
Wednesday, November 2, 2022
Technology, Finance, Public Relations, Investor Relations, Other Technology, Communications, Professional Services, Software, Asset Management, Other Professional Services, Chief executive officer, Investment, Growth, Myers, Culture, Software as a service, Leadership, Partnership, Time, Deutsche Bank, Hewlett-Packard, Silicon, Partner, Education, Exstream Software, AUM, Renewable energy, Risk management, Bank, Thomas Edison

Edison Partners , a leading growth equity investment firm, today announced the appointment of Rush Baker as partner, head of investor relations, and Casey Myers as partner, head of Edison Edge value creation platform.

Key Points: 
  • Edison Partners , a leading growth equity investment firm, today announced the appointment of Rush Baker as partner, head of investor relations, and Casey Myers as partner, head of Edison Edge value creation platform.
  • We are very pleased to welcome Rush and Casey to lead these two critical aspects of our business, said Chris Sugden, managing partner, Edison Partners.
  • It's exciting to join Edison at this inflection point of growth and opportunity, and to build on a deep track record of success as a growth equity leader.
  • Edison Partners is a leading growth equity firm providing the financial and intellectual capital that CEOs and their executive teams need to grow and scale their companies.

Cepton, Inc. Announces Agreement for $100 Million Investment from Koito Manufacturing

Retrieved on: 
Thursday, October 27, 2022
Hardware, Automotive Manufacturing, Data Management, Manufacturing, Alternative Vehicles, Fuels, Technology, Audio, Video, Apps, Applications, EV, Electric Vehicles, Autonomous Driving, Vehicles, General Automotive, Other Manufacturing, Other Technology, Automotive, Networks, Vehicle Technology, U.S. Securities and Exchange Commission, Tier 1, Growth, History, Goal, International investment agreement, AV, Solution, Forward-looking statement, Private Securities Litigation Reform Act, Metro Detroit, Leadership, CA, Myers, City, LinkedIn, Partnership, General Motors, LLP, TSE, Metro, CEO, Original equipment manufacturer, Preferred stock, Twitter, Multimedia, Wardwell, ADAS, Perception, MI, Security (finance), Silicon, Nishimura & Asahi, Nishimura, Renewable energy, 3D printing, Film, Risk management

Cepton, Inc. (Cepton) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions , announced today that it has entered into a binding investment agreement dated October 27, 2022 (Investment Agreement) for a $100 million investment from its long-term automotive Tier 1 partner and current shareholder, Koito Manufacturing Co., Ltd. (Koito) (TSE: 7276).

Key Points: 
  • Cepton, Inc. (Cepton) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions , announced today that it has entered into a binding investment agreement dated October 27, 2022 (Investment Agreement) for a $100 million investment from its long-term automotive Tier 1 partner and current shareholder, Koito Manufacturing Co., Ltd. (Koito) (TSE: 7276).
  • Under the terms of the Investment Agreement, which has been unanimously approved by Ceptons board of directors, Koito will purchase $100 million of convertible preferred stock (the Preferred Stock), with a purchase price of $1,000 per share.
  • Dating back to 2017, Cepton and Koito have a strong history of collaboration, and this marks Koitos third investment in Cepton since 2020.
  • As a direct result of their partnership, Cepton and Koito were awarded the industrys largest known ADAS lidar series production award.