Elliott Management Corporation

Ares Management Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ending December 31, 2022

Retrieved on: 
Monday, January 9, 2023

Ares Management Corporation announced today that it will report earnings for the fourth quarter and full year ending December 31, 2022 on Thursday, February 9, 2023 prior to the opening of the New York Stock Exchange.

Key Points: 
  • Ares Management Corporation announced today that it will report earnings for the fourth quarter and full year ending December 31, 2022 on Thursday, February 9, 2023 prior to the opening of the New York Stock Exchange.
  • Ares Management Corporation will hold its webcast/conference call on the same day at 12:00 p.m. (Eastern Time) to discuss its fourth quarter and full year ending December 31, 2022 financial results.
  • Domestic callers can access the conference call by dialing +1 (844) 200-6205. International callers can access the conference call by dialing +1 (929) 526-1599.
  • All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected.

ThreatConnect CEO Balaji Yelamanchili Joins TrueFort Board of Directors

Retrieved on: 
Tuesday, December 6, 2022

TrueFort , the application-centric microsegmentation company, today announced that Balaji Yelamanchili, CEO of threat intelligence platform provider ThreatConnect, has joined its Board of Directors.

Key Points: 
  • TrueFort , the application-centric microsegmentation company, today announced that Balaji Yelamanchili, CEO of threat intelligence platform provider ThreatConnect, has joined its Board of Directors.
  • Balaji joins TrueFort CEO Sameer Malhotra, Lane Bess, Principal & Founder of Bess Ventures & Adv., Vinay Bassi, SVP/Head of FP&A and M&A at Nielsen and Karthik Subramanian, Partner at Evolution Equity Partners on the companys board.
  • Balaji has served in virtually every executive role within the security industry including CEO, board member, operating executive, GM and venture partner, said Sameer Malhotra, CEO of TrueFort.
  • TrueFort has developed a powerful and unduplicated approach to enterprise security that views the attack surface through the lens of application behavior, said Balaji Yelamanchili.

Nielsen Announces Closing Of Transaction With Evergreen- and Brookfield-Led Consortium

Retrieved on: 
Tuesday, October 11, 2022

Nielsen shareholders will receive $28 per Nielsen share in cash in accordance with the terms of the transaction.

Key Points: 
  • Nielsen shareholders will receive $28 per Nielsen share in cash in accordance with the terms of the transaction.
  • With the completion of the transaction, Nielsen's shares will no longer trade on the New York Stock Exchange beginning Oct 12, 2022.
  • We are excited for a bright future as a private company," said David Kenny, Chief Executive Officer of Nielsen.
  • "This transaction provides significant value to our shareholders and provides the best conditions to execute on our Nielsen ONE strategy."

Nielsen Announces Expiration and Results of Cash Tender Offer

Retrieved on: 
Thursday, October 6, 2022

(2) Payable only to Holders who validly tender (and do not validly withdraw) Notes prior to the Early Tender Date.

Key Points: 
  • (2) Payable only to Holders who validly tender (and do not validly withdraw) Notes prior to the Early Tender Date.
  • Requests for documents relating to the Tender Offer and the Consent Solicitation may be directed to D.F.
  • BofA Securities, Inc. ("BofA Securities") is acting as Dealer Manager for the Tender Offer and the Consent Solicitation.
  • Questions regarding the Tender Offer and the Consent Solicitation may be directed to BofA Securities at (980) 388-3646 (collect) or (888) 292-0070 (toll free).

Vista Equity Partners and Evergreen Coast Capital Announce the Completion of the Transaction to Acquire Citrix Systems and Combine It with TIBCO Software

Retrieved on: 
Friday, September 30, 2022

Vista Equity Partners (Vista), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, and Evergreen Coast Capital Corp. (Evergreen), an affiliate of Elliott Investment Management L.P. (together with its affiliates, collectively, Elliott), today announced the successful completion of their previously announced transaction to acquire Citrix Systems, Inc. (NASDAQ: CTXS) (Citrix) and combine it with TIBCO Software (TIBCO).

Key Points: 
  • Vista Equity Partners (Vista), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, and Evergreen Coast Capital Corp. (Evergreen), an affiliate of Elliott Investment Management L.P. (together with its affiliates, collectively, Elliott), today announced the successful completion of their previously announced transaction to acquire Citrix Systems, Inc. (NASDAQ: CTXS) (Citrix) and combine it with TIBCO Software (TIBCO).
  • The transaction closed in accordance with the economic terms previously set forth and within the previously announced timeline.
  • With the completion of this deal, Citrix common stock has ceased trading and is no longer listed on the NASDAQ Stock Market.
  • Evergreen Coast Capital Corp. is Elliotts Menlo Park affiliate, which focuses on technology investing.

Nielsen Announces Extension of Tender Offers

Retrieved on: 
Thursday, September 22, 2022

(2) Payable only to Holders who validly tender (and do not validly withdraw) Notes prior to the Early Tender Date.

Key Points: 
  • (2) Payable only to Holders who validly tender (and do not validly withdraw) Notes prior to the Early Tender Date.
  • The Offerors reserve the right, in their sole discretion, to waive any and all conditions to the Tender Offer.
  • BofA Securities, Inc. ("BofA Securities") is acting as Dealer Manager for the Tender Offer and the Consent Solicitation.
  • The full details of the Tender Offer and Consent Solicitation, including complete instructions on how to tender the Notes, are included in the Statement.

Nielsen Announces Completion of Consent Solicitations and Termination of Change of Control Offers

Retrieved on: 
Thursday, September 8, 2022

The Offerors reserve the right, at their sole discretion, to waive any and all conditions to the Tender Offer.

Key Points: 
  • The Offerors reserve the right, at their sole discretion, to waive any and all conditions to the Tender Offer.
  • The completion of the Acquisition and settlement for the Notes tendered and not validly withdrawn is currently expected to occur in October 2022.
  • Because the requisite consents with respect to each series of Notes have been received and each Supplemental Indenture has been executed, the Offerors are terminating the Change of Control Offer.
  • BofA Securities, Inc. ("BofA Securities") is acting as Dealer Manager for the Tender Offer and the Consent Solicitation.

DGAP-News: Nikon to Partner with SLM Through a Public Takeover Offer

Retrieved on: 
Friday, September 2, 2022

AG (the Bidder), a direct subsidiary of Nikon, announced its decision to launch a voluntary public takeover offer for the acquisition of all outstanding shares of SLM on a fully diluted basis.

Key Points: 
  • AG (the Bidder), a direct subsidiary of Nikon, announced its decision to launch a voluntary public takeover offer for the acquisition of all outstanding shares of SLM on a fully diluted basis.
  • In addition, the Bidder announced its decision to launch a separate public offer for the acquisition of certain convertible bonds issued by SLM.
  • The Management and Supervisory Board of SLM welcome and fully support the takeover offer and investment by Nikon.
  • The offer document (once available) and other information pertaining to the voluntary public takeover offer as well as the parallel public offer for the acquisition of certain convertible bonds issued by SLM will be made available on the following website: www.dm-offer.com.

Nielsen Announces Shareholder Approval of Transaction with Evergreen- and Brookfield-Led Consortium

Retrieved on: 
Thursday, September 1, 2022

NEW YORK, Sept. 1, 2022 /PRNewswire/ -- Nielsen Holdings plc (NYSE: NLSN) ("Nielsen") today announced that at a court meeting and special meeting of its shareholders held earlier today, its shareholders have approved the previously announced definitive agreement (the "Transaction Agreement") for Nielsen to be acquired by a private equity consortium (the "Consortium") composed of Evergreen Coast Capital Corp. ("Evergreen"), an affiliate of Elliott Investment Management L.P. ("Elliott"), and Brookfield Business Partners L.P. together with institutional partners (collectively "Brookfield"). Shareholders approved the $28.00 per share in an all-cash transaction valued at approximately $16 billion, including the assumption of debt.

Key Points: 
  • Shareholders approved the $28.00 per share in an all-cash transaction valued at approximately $16 billion, including the assumption of debt.
  • Upon closing, Nielsen will become a private company, and its shares will no longer be traded on the New York Stock Exchange.
  • J.P. Morgan and Allen & Company LLC are acting as lead financial advisors to Nielsen.
  • Wachtell, Lipton, Rosen & Katz, Clifford Chance LLP, DLA Piper, and Baker McKenzie are serving as legal advisors to Nielsen.

Nielsen Announces Commencement of Tender Offers and Consent Solicitations and Change of Control Offers for Senior Notes

Retrieved on: 
Wednesday, August 24, 2022

Holders should note that the Total Consideration is higher than, and the Tender Consideration is lower than, the Change of Control Purchase Price under the Change of Control Offer.

Key Points: 
  • Holders should note that the Total Consideration is higher than, and the Tender Consideration is lower than, the Change of Control Purchase Price under the Change of Control Offer.
  • The procedures for tendering Notes in the Tender Offer and in the Change of Control Offer are separate.
  • Notes tendered in the Tender Offer may not be validly tendered in the Change of Control Offer for the related series of Notes, and Notes tendered in the Change of Control Offer may not be validly tendered in the Tender Offer for the related series of Notes.
  • Holders who do not tender their Notes in the Change of Control Offer, or who tender their Notes in the Change of Control Offer but validly withdraw such Notes, may tender their Notes in the Tender Offer.