TA

TravelCenters of America Inc. Announces First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, April 26, 2023

On February 16, 2023, TA announced that it has entered into a merger agreement with BP Products North America Inc., or bp, a subsidiary of BP p.l.c.

Key Points: 
  • On February 16, 2023, TA announced that it has entered into a merger agreement with BP Products North America Inc., or bp, a subsidiary of BP p.l.c.
  • (NYSE: BP), pursuant to which bp will acquire all of the outstanding shares of TA common stock for $86.00 per share in cash.
  • First Quarter 2023 Conference Call:
    As a result of the merger agreement announcement, TA will not hold a conference call for its results for the first quarter 2023.
  • Adjusted net (loss) income, EBITDA, adjusted EBITDA, and adjusted EBITDAR are non-GAAP financial measures.

SHAREHOLDER ALERT: Weiss Law Reminds MLVF, SHBI, CBIO, and TA Shareholders About Its Ongoing Investigations

Retrieved on: 
Thursday, April 27, 2023

Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Malvern Bancorp, Inc. (NASDAQ: MLVF), in connection with the proposed acquisition of MLVF by First Bank ("First Bank").

Key Points: 
  • Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Malvern Bancorp, Inc. (NASDAQ: MLVF), in connection with the proposed acquisition of MLVF by First Bank ("First Bank").
  • Under the merger agreement, MLVF shareholders will receive 0.7733 shares of First Bank common stock, plus $7.80 in cash for each outstanding MLVF share, representing implied per-share consideration of $15.28 based upon First Bank's April 26, 2023 closing price of $9.67.
  • Under the terms of the merger agreement, TA shareholders will receive $86.00 in cash for each share of TA common stock owned.
  • If you own TA shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/ta
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Jocelyn Hsu Moves to Chief Delivery Officer at Alpha Omega

Retrieved on: 
Thursday, April 27, 2023

VIENNA, Va., April 27, 2023 /PRNewswire/ -- Alpha Omega announced today that Jocelyn Hsu is moving into a new role as Chief Delivery Officer (CDO). With $468 million in new contract wins and breaking $117 million in annual revenue as of January 2023, Alpha Omega's rapid growth in DevSecOps, Cybersecurity, and Cloud Engineering is being shepherded by an adept team of executive leaders. Jocelyn will support Alpha Omega's need for strategic management of service excellence and customer satisfaction.

Key Points: 
  • As one of the Fastest Growing Government Contractors, Alpha Omega Signals Organizational Maturity and Continued Focus on Excellence
    VIENNA, Va., April 27, 2023 /PRNewswire/ -- Alpha Omega announced today that Jocelyn Hsu is moving into a new role as Chief Delivery Officer (CDO).
  • Jocelyn will support Alpha Omega's need for strategic management of service excellence and customer satisfaction.
  • As the Chief Delivery Officer (CDO), Jocelyn will report directly to the CEO/President and provide leadership from strategic account planning through execution and ensure consistent, high-quality client delivery.
  • She will be responsible for shaping and leading the delivery, excellence, vision, and strategic direction for Alpha Omega's customers.

SmartRecruiters Paves the Way for Boundless Recruiting

Retrieved on: 
Wednesday, April 26, 2023

SAN FRANCISCO, April 26, 2023 /PRNewswire/ -- SmartRecruiters is excited to announce its game-changing vision, Hiring Without Boundaries™, to help Talent Acquisition (TA) teams break free from the limitations of legacy technology.

Key Points: 
  • "At SmartRecruiters, we believe that Hiring Without Boundaries™ is the future of Talent Acquisition," said Michael DeSimone, CEO of SmartRecruiters.
  • To deliver on this vision, SmartRecruiters is introducing a boundless user experience for hiring teams, including a seamless integration with Slack and Microsoft Teams.
  • We're excited to help hiring teams harness the power of SmartRecruiters inside of the apps they use every day to communicate and collaborate," said Jim Milton, SVP of Strategy at SmartRecruiters.
  • The Hiring Success™ Certification combines SmartRecruiters' TA transformation expertise with SocialTalent's world-class e-learning platform for hiring and talent management to deliver pure TA gold.

Sense and Checkr Announce Integration to Automate Pre-Employment Background Checks

Retrieved on: 
Wednesday, April 26, 2023

Sense , the market leader in AI-driven talent engagement solutions for enterprise recruiting, today announced a strategic integration with Checkr , the leading provider of pre-employment background checks.

Key Points: 
  • Sense , the market leader in AI-driven talent engagement solutions for enterprise recruiting, today announced a strategic integration with Checkr , the leading provider of pre-employment background checks.
  • The integration automatically initiates Checkr background checks directly from the Sense platform.
  • “Every talent acquisition team strives to work as fast and efficiently as possible, while making intelligent hiring decisions,” said Alex Rosen, Sense Co-Founder and Head of Product.
  • Sense customers across multiple industries can use Checkr to ensure compliance for any role they’re hiring for.

Diatech Pharmacogenetics Announces Investment from TA to Fuel Strategic Growth Initiatives

Retrieved on: 
Wednesday, April 26, 2023

Diatech Pharmacogenetics (“Diatech” or “the Company”), a leader in pharmacogenetics and cancer precision medicine diagnostics, today announced that TA Associates (“TA”), a leading global private equity firm, has signed a definitive agreement to make a strategic growth investment in the Company.

Key Points: 
  • Diatech Pharmacogenetics (“Diatech” or “the Company”), a leader in pharmacogenetics and cancer precision medicine diagnostics, today announced that TA Associates (“TA”), a leading global private equity firm, has signed a definitive agreement to make a strategic growth investment in the Company.
  • Diatech’s founder and management team will retain majority ownership of the Company, partnering closely with TA.
  • “We are excited to welcome TA on this journey with us amid a period of great advancement in precision medicine,” said Fabio Biondi, Founder and President of Diatech.
  • “TA offers extensive operational experience and a wide global network that will be critical as we strive to accelerate our international growth and product innovation.

Following Engagement with ARKO, TA Board Reaffirmed ARKO Proposal is Not Superior to Pending BP Transaction

Retrieved on: 
Monday, April 24, 2023

TravelCenters of America Inc. (Nasdaq: TA) today announced that after TA requested and received a contractual waiver from BP Products North America Inc. (“BP”), TA engaged with ARKO Corp. (“ARKO”) to diligence its proposal.

Key Points: 
  • TravelCenters of America Inc. (Nasdaq: TA) today announced that after TA requested and received a contractual waiver from BP Products North America Inc. (“BP”), TA engaged with ARKO Corp. (“ARKO”) to diligence its proposal.
  • Following this engagement, TA’s Board of Directors reaffirmed that ARKO’s proposal is neither a superior proposal nor could it reasonably be expected to lead to a superior proposal.
  • The Board reconfirms its recommendation that shareholders vote FOR TA’s pending merger with BP, which, subject to shareholder approval, is scheduled to close on May 15, 2023.
  • Under the terms of the pending transaction, BP will acquire all of the outstanding shares of TA common stock for $86.00 per share in cash.

Greenhouse announces new spring product releases to increase accountability and drive measurable results

Retrieved on: 
Monday, April 24, 2023

NEW YORK, April 24, 2023 /PRNewswire/ -- Greenhouse, the hiring operating system for people-first companies, today announced a package of three new product features to help organizations strengthen their hiring processes and drive measurable results with functionality that elevates accountability.

Key Points: 
  • NEW YORK, April 24, 2023 /PRNewswire/ -- Greenhouse , the hiring operating system for people-first companies, today announced a package of three new product features to help organizations strengthen their hiring processes and drive measurable results with functionality that elevates accountability.
  • This structured approach promotes accountability by creating a central location to set, track and measure accountability and performance against established hiring goals.
  • Greenhouse Onboarding new hire goals allows TA teams to create growth-related goals for new hires and easily track progress against those goals, all within Greenhouse Onboarding.
  • These features join a robust set of existing tools to help increase company-wide accountability and efficiency in hiring.

TIG Advisors Releases Letter to TravelCenters of America Board Urging it to Conduct Proper Diligence of ARKO Corp.’s Acquisition Offer

Retrieved on: 
Friday, April 21, 2023

To be clear, we are not requesting that the Board immediately abandon the BP proposal in favor of the ARKO proposal.

Key Points: 
  • To be clear, we are not requesting that the Board immediately abandon the BP proposal in favor of the ARKO proposal.
  • We understand that proper time is needed to conduct due diligence of the ARKO proposal and determine any outstanding concerns.
  • Allowing ARKO the opportunity to legitimize its offer only creates upside for the Company and its shareholders.
  • Independence and Alignment – board members are independent enough to diligently supervise management, ensuring that they act in the interests of stockholders.

Lumivero Announces Acquisition of Tevera to Data Solutions Portfolio

Retrieved on: 
Wednesday, April 19, 2023

DENVER, April 19, 2023 /PRNewswire-PRWeb/ -- Lumivero, a leading data insights provider, today announced the acquisition of Tevera, an advanced field experience and assessment management software, to its robust data solutions portfolio. The strategic acquisition further establishes Lumivero as a global leader in elevating field experience and program outcomes.

Key Points: 
  • Lumivero, a leading data insights provider, today announced the acquisition of Tevera, an advanced field experience and assessment management software, to its robust data solutions portfolio.
  • DENVER, April 19, 2023 /PRNewswire-PRWeb/ -- Lumivero, a leading data insights provider, today announced the acquisition of Tevera, an advanced field experience and assessment management software, to its robust data solutions portfolio.
  • The strategic acquisition further establishes Lumivero as a global leader in elevating field experience and program outcomes.
  • "Backed by Lumivero's resources and powerful portfolio of data solutions, Tevera will continue to drive student success by unlocking insights for field experience and program outcomes management," said Gareth Morrison, CEO of Lumivero.