TA | Jotup

SHAREHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – MAXR, TA, INDT

Retrieved on:

Friday, February 24, 2023

TravelCenters of America, Centerbridge Partners, NYSE, Monteverde, Maxar Technologies, Empire, PPM America, Inc., BP, Sale, INDT, Advent International, TA, Security (finance)

Under the terms of the agreement, MAXR shareholders are expected to receive $53.00 in cash per share they own.

Key Points:

Under the terms of the agreement, MAXR shareholders are expected to receive $53.00 in cash per share they own.
Under the terms of the agreement, TA shareholders are expected to receive $86.00 in cash per share they own.
INDUS Realty Trust, Inc. (NASDAQ: INDT ), relating to its proposed sale to affiliates of Centerbridge Partners, L.P. and GIC Real Estate, Inc..
Under the terms of the agreement, INDT shareholders are expected to receive $67.00 in cash per share they own.

TRAVELCENTERS INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of TravelCenters of America Inc. - TA

Retrieved on:

Saturday, February 18, 2023

Class Action Lawsuit, Professional Services, Legal, Sale, KSF, BP, NYSE, Nintendo of America, Inc. vs. Blockbuster LLC., TravelCenters of America, TA

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of TravelCenters of America Inc. (NasdaqGS: TA) to BP p.l.c.

Key Points:

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of TravelCenters of America Inc. (NasdaqGS: TA) to BP p.l.c.
Under the terms of the proposed transaction, shareholders of TravelCenters will receive $86.00 in cash for each share of TravelCenters 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 .

TA Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of TravelCenters of America Inc. Is Fair to Shareholders

Retrieved on:

Thursday, February 16, 2023

Legal, Professional Services, Sale, BP, Fraud, Advertising, PPM America, Inc., TravelCenters of America, TA, Security (finance)

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of TravelCenters of America Inc. (NASDAQ: TA) to BP p.l.c.

Key Points:

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of TravelCenters of America Inc. (NASDAQ: TA) to BP p.l.c.
for $86.00 per share in cash is fair to TravelCenters shareholders.
On behalf of TravelCenters 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.

TA Connections Provides easyJet with New Re-Ticketing Solution

Retrieved on:

Thursday, February 16, 2023

TA Connections, a FLEETCOR company and a leading provider of end-to-end solutions for airline operations, today announced an agreement with easyJet, a leading European value airline, to provide its new distressed passenger re-ticketing service.

Key Points:

TA Connections, a FLEETCOR company and a leading provider of end-to-end solutions for airline operations, today announced an agreement with easyJet, a leading European value airline, to provide its new distressed passenger re-ticketing service.
TA Connections’ smart ticketing technology allows easyJet to quickly re-book passengers with travel interruptions on other airlines through an automated system with visibility into available flight inventory.
TA Connections’ intelligent re-ticketing solution connects seamlessly to multiple supply channels including GDS (Global Distribution Systems), NDC (New Distribution Capability), private inventory, airline consolidators and directly to airline reservation systems all through a single interface.
It is also integrated within the TA Connections’ TA Disruption Hub giving easyJet and their customers a complete view into all flight options and real-time booking capabilities so displaced passengers can be re-booked to their desired destination faster and easier.

Service Properties Trust Agrees to Amended Lease Terms Upon Completion of BP’s Acquisition of TravelCenters of America Inc.

Retrieved on:

Thursday, February 16, 2023

Other Construction & Property, Commercial Building & Real Estate, Lodging, Construction & Property, REIT, Travel, SVC, BP P.L.C. v. Mayor and City Council of Baltimore, NYSE, Acquisition, TravelCenters of America, BP, Medical Properties Trust, Nintendo of America, Inc. vs. Blockbuster LLC., TA, Property management

Service Properties Trust (Nasdaq: SVC) today announced that it has agreed to amend its existing leases and guarantees with TravelCenters of America Inc. (Nasdaq: TA) effective upon the completion of the pending acquisition of TA by BP p.l.c.

Key Points:

Service Properties Trust (Nasdaq: SVC) today announced that it has agreed to amend its existing leases and guarantees with TravelCenters of America Inc. (Nasdaq: TA) effective upon the completion of the pending acquisition of TA by BP p.l.c.
(NYSE: BP) for cash consideration of $86.00 per share of TA common stock outstanding (the “BP Acquisition”).
Under the amended leases, aggregate annual minimum rent will be $254.0 million, with annual 2% increases throughout the initial 10-year terms and any renewal terms.
The BP Acquisition is subject to the approval of TA stockholders owning a majority of TA’s outstanding common shares.

TravelCenters of America to be Acquired by BP for $86.00 Per Share, or Approximately $1.3 Billion

Retrieved on:

Thursday, February 16, 2023

(NYSE: BP), pursuant to which BP will acquire all of the outstanding shares of TA common stock for $86.00 per share in cash.

Key Points:

(NYSE: BP), pursuant to which BP will acquire all of the outstanding shares of TA common stock for $86.00 per share in cash.
The sale price represents an 84% premium to the average trading price of the 30 days ended February 15, 2023 of $46.68.
“Today’s announcement that BP is acquiring TA for $86 per share is a result of the successful implementation of our turnaround and strategic plans.
Citigroup acted as exclusive financial advisor to TA and Ropes & Gray as TA’s legal advisor in connection with the transaction.

Talent Sandbox Announces Launch of Online Training Platform Set to Transform Talent Acquisition

Retrieved on:

Wednesday, February 15, 2023

Professional Services, Education, Technology, Human Resources, Software, Training, Learning, Acquisition, Knowledge, Face, Pressure, TA, Management

Talent Sandbox today announces the launch of its online training platform for recruitment and talent acquisition professionals.

Key Points:

Talent Sandbox today announces the launch of its online training platform for recruitment and talent acquisition professionals.
Combining blended learning, real-world experiences, and intuitive technology, Talent Sandbox was built in response to the continued corporation cries for better and is a complete training solution representing a new standard within talent acquisition.
Founder of Talent Sandbox, Neil Kelly said: "I have always believed that knowledge and learning is vital to the success of an employee.
Talent Sandbox removes the common obstacles that outdated learning methods create by replacing time-consuming, expensive courses with flexible, expert led micro-learning on an intuitive learning platform.

Zach Buchwald to lead Russell Investments as Chief Executive Officer and Chairman

Retrieved on:

Wednesday, February 8, 2023

Russell Investments announced today that Zach Buchwald has been selected to serve as Chief Executive Officer and as Chairman of the firm’s board of directors.

Key Points:

Russell Investments announced today that Zach Buchwald has been selected to serve as Chief Executive Officer and as Chairman of the firm’s board of directors.
Based in the firm’s global headquarters in Seattle, Buchwald will take the helm effective May 1 as Russell Investments’ eighth CEO in 87 years.
“We believe Zach is the ideal leader to further Russell Investments’ legacy of innovation in asset management,” said Todd R. Crockett, a managing director at TA, which, along with Reverence Capital Partners, acquired Russell Investments in 2016.
Buchwald has focused much of his career on improving financial security for retirees, which is also central to Russell Investments’ stated mission.

TravelCenters of America Enters Agreement with Electrify America to Expand Electric Vehicle Infrastructure

Retrieved on:

Monday, January 30, 2023

View the full release here: https://www.businesswire.com/news/home/20230130005148/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20230130005148/en/
Rendering of Electrify America charging stations at a TA travel center.
Electrify America will install, operate and maintain the charging stations at TA/Petro locations, through its Electrify Commercial business unit.
TA will be included on the Electrify America charging network, allowing customers to access and pay for charging through the Electrify America app.
Together, TA and Electrify America are dedicated to meeting the evolving needs of motorists and are charging toward a more sustainable future.

insightsoftware Appoints Industry Veteran Michael Sullivan as CEO

Retrieved on:

Monday, January 23, 2023

insightsoftware , a global provider of reporting, analytics, and performance management solutions, today announced the appointment of Michael Sullivan as Chief Executive Officer (CEO).

Key Points:

insightsoftware , a global provider of reporting, analytics, and performance management solutions, today announced the appointment of Michael Sullivan as Chief Executive Officer (CEO).
Sullivan joins insightsoftware from Acquia, a digital experience software-as-a-service (SaaS) company, where he was President and CEO for five years.
Early in his career, Sullivan founded and led Steelpoint Technologies, which became a leader in the eDiscovery space.
He was Founder and CEO through its acquisition by Zantaz, which then was acquired by HP Autonomy.