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Lifshitz Law PLLC Announces Investigations of UNVR, CVT, MNTV, and XM

Retrieved on:

Sunday, March 19, 2023

Telephone, Symphony Technology Group, MNTV, XM, CPP Investment Board, CVT, Advertising, Blackstone Inc., Hewlett, Sale, Financial adviser, Online shopping, Life insurance

Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of CVT to Blackstone Inc. for $8.50 per share in cash.

Key Points:

Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of CVT to Blackstone Inc. for $8.50 per share in cash.
Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of MNTV to Symphony Technology Group for $9.46 per share in cash.
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of XM to Silver Lake Group, LLC and Canada Pension Plan Investment Board for $18.15 per share in cash.
The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.

Sarcos Technology and Robotics Corporation Announces Fourth Quarter and Full-year 2022 Financial Results

Retrieved on:

Thursday, March 16, 2023

SALT LAKE CITY, March 16, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems and solutions that redefine human possibilities, today announced financial results for the fourth quarter and full year 2022 ended December 31, 2022.

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SALT LAKE CITY, March 16, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems and solutions that redefine human possibilities, today announced financial results for the fourth quarter and full year 2022 ended December 31, 2022.
The discussion of the results of operations for the full year 2022 includes the financial results of RE2 for the period after the closing of the acquisition on April 25, 2022.
Fourth quarter 2022 total revenue was $6.1 million, compared to $1.0 million during the fourth quarter of 2021.
Total operating expenses for the fourth quarter were $101.3 million, an increase from the fourth quarter 2021 operating expenses of $28.6 million.

Employees Believe a Mentor Would Advance their Careers, but Few Have Access to One

Retrieved on:

Thursday, March 16, 2023

Professional Services, Marketing, Communications, Technology, Human Resources, Software, Research, Mentorship, Partnership, Charter, Organization, XM, Growth, Management, Qualtrics

And even though they believe mentoring would help advance their careers, less than a third of employees have joined a mentorship program at work.

Key Points:

And even though they believe mentoring would help advance their careers, less than a third of employees have joined a mentorship program at work.
Having growth and development opportunities is the top driver of making sure employees feel that they belong, and a significant driver of employee engagement and retention.
As remote work became more common, some organizations expressed concern about more junior employees missing opportunities to build relationships and be mentored by their senior colleagues.
However, less than half (45%) of employees say their organization offers any training on how to be an effective mentor.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues its Investigation of the Merger – MLVF, XM, PRVB, SGEN

Retrieved on:

Wednesday, March 15, 2023

Acquisition, Monteverde, Moran v. Household International, Inc., Sale, First Bank, Qualtrics, Silver, XM, Pfizer, Empire, Seagen, Security (finance), Sanofi

Under the terms of the agreement, MLVF shareholders will receive 0.7733 shares of First Bank and $7.80 in cash per share they own.

Key Points:

Under the terms of the agreement, MLVF shareholders will receive 0.7733 shares of First Bank and $7.80 in cash per share they own.
Under the terms of the agreement XM shareholders are expected to receive $18.15 in cash per share they own.
Under the terms of the agreement PRVB shareholders are expected to receive $25.00 in cash per share they own.
Under the terms of the agreement SGEN shareholders are expected to receive $229.00 in cash per share they own.

XM Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Qualtrics International

Retrieved on:

Monday, March 13, 2023

Wall Street, Comment, Alpha, Sale, IPO, CPIB, Silver, XM, Diesel, Wohl, Seeking Alpha, L.L.C, News, Security (finance), Audit, Qualtrics

MONSEY, N.Y., March 13, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $18.15 per share in cash at which Qualtrics International Inc. (Nasdaq: XM) (Qualtrics) will be sold to an investor consortium led by Silver Lake Management Company VI, L.L.C.

Key Points:

MONSEY, N.Y., March 13, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $18.15 per share in cash at which Qualtrics International Inc. (Nasdaq: XM) (Qualtrics) will be sold to an investor consortium led by Silver Lake Management Company VI, L.L.C.
On March 13, 2023, Qualtrics announced that it is being sold to an investor consortium led by Silver Lake and CPIB for $18.15 per share in cash.
The sale has been approved by the Qualtrics board of directors (Board).
“We are investigating whether the Qualtrics Board acted in the best interests of Qualtrics shareholders in approving the sale,” explained Joshua Fruchter, one of the law firm’s name partners.

Qualtrics Partners With the DAISY Foundation™ to Honor Nurses Around the World

Retrieved on:

Tuesday, March 14, 2023

Qualtrics (Nasdaq: XM), the leader and creator of the experience management category, today announced a new partnership with the DAISY Foundation to make it easier for healthcare organizations around the world to recognize and honor nurses providing standout care.

Key Points:

Qualtrics (Nasdaq: XM), the leader and creator of the experience management category, today announced a new partnership with the DAISY Foundation to make it easier for healthcare organizations around the world to recognize and honor nurses providing standout care.
Qualtrics will add a new automated workflow that prompts patients after receiving care from a nurse to provide feedback on their care and submit their nurse for a DAISY Award®.
“Here at the DAISY Foundation, we are passionate about spreading gratitude and meaningful recognition for compassionate, skillful nurses,” said DAISY Foundation Co-Founder Bonnie Barnes.
The DAISY Award honors nurses wherever they practice, wherever they are in their careers, internationally.

QUALTRICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Qualtrics International Inc. - XM

Retrieved on:

Monday, March 13, 2023

Class Action Lawsuit, Professional Services, Legal, Qualtrics, Silver, KSF, XM, Sale

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Qualtrics International Inc. (NasdaqGS: XM) to Silver Lake.

Key Points:

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Qualtrics International Inc. (NasdaqGS: XM) to Silver Lake.
Under the terms of the proposed transaction, shareholders of Qualtrics will receive only $18.15 in cash for each share of Qualtrics that they own.
KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

XM Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Qualtrics International Inc. Is Fair to Shareholders

Retrieved on:

Monday, March 13, 2023

Other Professional Services, Professional Services, Legal, Advertising, Silver, Fraud, XM, Sale, Security (finance), Qualtrics

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Qualtrics International Inc. (NASDAQ: XM) to Silver Lake for $18.15 per share in cash is fair to Qualtrics shareholders.

Key Points:

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Qualtrics International Inc. (NASDAQ: XM) to Silver Lake for $18.15 per share in cash is fair to Qualtrics shareholders.
On behalf of Qualtrics shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLC 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.

Qualtrics to be Acquired by Silver Lake and CPP Investments for $12.5 Billion

Retrieved on:

Monday, March 13, 2023

Silver Lake and its co-investors, together with CPP Investments, will acquire 100% of the outstanding shares Silver Lake does not already own, including the entirety of SAP’s majority ownership interest.

Key Points:

Silver Lake and its co-investors, together with CPP Investments, will acquire 100% of the outstanding shares Silver Lake does not already own, including the entirety of SAP’s majority ownership interest.
Under the terms of the agreement, Qualtrics shareholders, including SAP, will receive $18.15 per share in cash.
“Silver Lake’s belief in our vision and their amazing track record of helping founders and management teams speaks for itself.
“This is a landmark transaction for Silver Lake, reflecting our confidence in the team and their vision.

SAP Agrees to Sell its Stake in Qualtrics as part of Qualtrics Acquisition by Silver Lake and CPP Investments

Retrieved on:

Monday, March 13, 2023

Qualtrics, Supervisory board, Investment, NYSE, SAP, Silver, CPP, XM, Sale, Acquisition, RTÉ Executive Board, CPP Investment Board, SAP SE, Barclays, Shearman, Shearman & Sterling, Maple syrup, Cryptocurrency

WALLDORF, Germany, March 13, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP), today announced it has agreed to sell all of its 423 million shares of Qualtrics International Inc. as part of the acquisition of Qualtrics by funds affiliated with Silver Lake (collectively, "Silver Lake") as well as Canada Pension Plan Investment Board (CPP Investments).

Key Points:

WALLDORF, Germany, March 13, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP), today announced it has agreed to sell all of its 423 million shares of Qualtrics International Inc. as part of the acquisition of Qualtrics by funds affiliated with Silver Lake (collectively, "Silver Lake") as well as Canada Pension Plan Investment Board (CPP Investments).
SAP intends to remain a close go-to-market and technology partner, servicing joint customers and continuing to contribute to Qualtrics' success."
The agreement resulted from a robust process that was initiated on January 26 and identified the joint proposal by Silver Lake and CPP Investments as most attractive.
Barclays acted as financial advisor to SAP on the transaction, Shearman & Sterling acted as SAP's legal advisor.