Proposed merger of Publicis and Omnicom

HF Sinclair Corporation and Holly Energy Partners, L.P. Announce Commencement of Private Exchange Offers and Consent Solicitations by HF Sinclair Corporation for Outstanding Notes of Holly Energy Partners, L.P. and Holly Energy Finance Corp.

Retrieved on: 
Monday, October 30, 2023

Eligible Holders of HEP Notes that tender such HEP Notes will be deemed to have given consent to the Proposed Amendments (in respect of the applicable series of HEP Notes tendered).

Key Points: 
  • Eligible Holders of HEP Notes that tender such HEP Notes will be deemed to have given consent to the Proposed Amendments (in respect of the applicable series of HEP Notes tendered).
  • Eligible Holders will not be permitted to tender their HEP Notes without delivering consents or to deliver consents without tendering their HEP Notes.
  • A valid withdrawal of tendered HEP Notes will also constitute the revocation of the related consent with respect to the applicable HEP Indenture.
  • In addition, HF Sinclair may amend the terms of any Exchange Offer without amending the terms of any other Exchange Offer.

HF Sinclair Corporation and Holly Energy Partners, L.P. Announce Commencement of Private Exchange Offers and Consent Solicitations by HF Sinclair Corporation for Outstanding Notes of Holly Energy Partners, L.P. and Holly Energy Finance Corp.

Retrieved on: 
Monday, October 30, 2023

Eligible Holders of HEP Notes that tender such HEP Notes will be deemed to have given consent to the Proposed Amendments (in respect of the applicable series of HEP Notes tendered).

Key Points: 
  • Eligible Holders of HEP Notes that tender such HEP Notes will be deemed to have given consent to the Proposed Amendments (in respect of the applicable series of HEP Notes tendered).
  • Eligible Holders will not be permitted to tender their HEP Notes without delivering consents or to deliver consents without tendering their HEP Notes.
  • A valid withdrawal of tendered HEP Notes will also constitute the revocation of the related consent with respect to the applicable HEP Indenture.
  • In addition, HF Sinclair may amend the terms of any Exchange Offer without amending the terms of any other Exchange Offer.

Franchise Group, Inc. Announces Second Quarter Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, August 8, 2023

On July 19, 2023, in connection with the Proposed Merger, the Company issued a notice of redemption for all outstanding shares of the Series A Preferred Stock (the “Redemption”), which is contingent upon the successful completion of the Proposed Merger.

Key Points: 
  • On July 19, 2023, in connection with the Proposed Merger, the Company issued a notice of redemption for all outstanding shares of the Series A Preferred Stock (the “Redemption”), which is contingent upon the successful completion of the Proposed Merger.
  • The Series A Preferred Stock will be redeemed in cash at a redemption price equal to $25.00 per share plus any accrued and unpaid dividends from the last dividend payment date, if any, up to but not including the Redemption Date (the “Redemption Price”).
  • The Redemption Price is expected to be paid on August 18, 2023 or such later date as the parties to the Merger Agreement may agree but in no event later than one business day following the effective time of the Proposed Merger (the “Redemption Date”).
  • In light of the Proposed Merger, the Company is not scheduling a conference call to discuss its quarterly financial results.

ERYTECH Responds to Akkadian’s Disinformation

Retrieved on: 
Monday, June 12, 2023

Cambridge, MA (U.S.) and Lyon (France), June 12, 2023, 7:00 am CEST – ERYTECH Pharma (Nasdaq & Euronext: ERYP), today reacts to a series of disinformation attempts by Akkadian Partners to try and destabilize ERYTECH.

Key Points: 
  • Cambridge, MA (U.S.) and Lyon (France), June 12, 2023, 7:00 am CEST – ERYTECH Pharma (Nasdaq & Euronext: ERYP), today reacts to a series of disinformation attempts by Akkadian Partners to try and destabilize ERYTECH.
  • The proposed transaction is structured as a merger of PHERECYDES into ERYTECH, pursuant to which PHERECYDES shareholders will receive 15 new ERYTECH shares for every 4 PHERECYDES shares they own.
  • On 13 April, Akkadian Partners, an entity domiciled in Luxembourg, crossed the threshold of 5% of the share capital of ERYTECH Pharma.
  • Finally, it is important to note that a failure of the merger would only lead to the destruction of value for ERYTECH and its shareholders.

Resonate Blends Provides Shareholder Update

Retrieved on: 
Tuesday, May 23, 2023

CALABASAS, Calif., May 23, 2023 (GLOBE NEWSWIRE) -- Resonate Blends, Inc. (OTCQB: KOAN) (“Resonate Blends” or the “Company”) is pleased to report it has entered into a non-binding letter of intent (“LOI”) to complete an acquisition of Pegasus Specialty Vehicles, LLC (“Pegasus”).

Key Points: 
  • CALABASAS, Calif., May 23, 2023 (GLOBE NEWSWIRE) -- Resonate Blends, Inc. (OTCQB: KOAN) (“Resonate Blends” or the “Company”) is pleased to report it has entered into a non-binding letter of intent (“LOI”) to complete an acquisition of Pegasus Specialty Vehicles, LLC (“Pegasus”).
  • As a result, we were recently approached with a new opportunity for the public company that we feel may bring improved commercial and shareholder value.
  • We’ve been told by many that Resonate is attractive to private companies due to our capital structure, fully-reporting SEC status and our loyal investor base.
  • Accordingly, there can be no assurance that a merger agreement will be entered into or that the Proposed Merger will be consummated.

ERYTECH Provides Update on the Announced Combination with PHERECYDES

Retrieved on: 
Monday, May 15, 2023

In relation with the announced merger of PHERECYDES into ERYTECH (the “Proposed Merger”), ERYTECH and PHERECYDES entered into a merger agreement on May 15, 2023, pursuant to which PHERECYDES will be merged into ERYTECH and PHERECYDES shareholders will receive 15 new ERYTECH shares for every 4 PHERECYDES shares they own (the “Merger Agreement”).

Key Points: 
  • In relation with the announced merger of PHERECYDES into ERYTECH (the “Proposed Merger”), ERYTECH and PHERECYDES entered into a merger agreement on May 15, 2023, pursuant to which PHERECYDES will be merged into ERYTECH and PHERECYDES shareholders will receive 15 new ERYTECH shares for every 4 PHERECYDES shares they own (the “Merger Agreement”).
  • The annual general meetings of ERYTECH and PHERECYDES shareholders will be called upon to vote on the Proposed Merger on June 23, 2023.
  • The Proposed Merger is expected to close shortly after the approval by both ERYTECH and PHERECYDES shareholders.
  • Guy Rigaud, of 827,132 PHERECYDES shares to ERYTECH in consideration of 3,101,745 newly issued ERYTECH shares (the “Contribution”).

Palliser Capital Voices Opposition to Capricorn Energy’s Merger with NewMed Under Proposed Terms

Retrieved on: 
Thursday, October 27, 2022

In response to the recently proposed merger between Capricorn Energy PLC (LSE: CNE) (Capricorn or the Company) and NewMed Energy LP (NewMed) (the Proposed Merger), Palliser Capital (Palliser), one of the Companys largest investors with interests representing approximately 6.6%1 of the Companys outstanding share capital, has today released a presentation outlining its opposition to the Proposed Merger.

Key Points: 
  • In response to the recently proposed merger between Capricorn Energy PLC (LSE: CNE) (Capricorn or the Company) and NewMed Energy LP (NewMed) (the Proposed Merger), Palliser Capital (Palliser), one of the Companys largest investors with interests representing approximately 6.6%1 of the Companys outstanding share capital, has today released a presentation outlining its opposition to the Proposed Merger.
  • View the full release here: https://www.businesswire.com/news/home/20221027005312/en/
    In early August, Palliser called for the abandonment of Capricorns previously proposed merger with Tullow following a months-long engagement with the Companys Board and senior management team, which was supported by other major shareholders.
  • Palliser is disappointed that the Company has pivoted to another one-sided deal which similarly does not reflect the Companys intrinsic value.
  • Palliser Capital is a London-based, global multi-strategy investment firm that applies a value-oriented investment philosophy across a range of strategies and asset classes throughout a variety of global markets.

Contango Announces Schedule for Third Quarter 2021 Earnings Release

Retrieved on: 
Thursday, November 11, 2021

FORT WORTH, Texas, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (Contango or the Company) announced today that it plans to issue its third quarter 2021 earnings release after market close on Monday, November 15, 2021.

Key Points: 
  • FORT WORTH, Texas, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (Contango or the Company) announced today that it plans to issue its third quarter 2021 earnings release after market close on Monday, November 15, 2021.
  • In light of the previously announced Special Meeting of Shareholders of Contango scheduled to be held on December 6, 2021, whereby Contango shareholders will vote on the Proposed Merger with Independence Energy, LLC, the Company will not host a conference call to discuss the contents of the third quarter earnings release.
  • We expect to include in the earnings release sufficient information to allow interested parties to fully understand financial and operational results for the quarter.
  • New PubCo and Contango also intend to file other relevant documents with the SEC regarding the Proposed Merger.

Contango Sets Special Meeting Date to Approve Business Combination with Independence Energy, to be Renamed Crescent Energy Company

Retrieved on: 
Wednesday, November 3, 2021

FORT WORTH, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (Contango) today announced that it has set December 6, 2021 as the meeting date for the special meeting of its shareholders (the "Special Meeting") to approve its proposed business combination with Independence Energy LLC ("Independence ").

Key Points: 
  • FORT WORTH, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (Contango) today announced that it has set December 6, 2021 as the meeting date for the special meeting of its shareholders (the "Special Meeting") to approve its proposed business combination with Independence Energy LLC ("Independence ").
  • As previously announced, Contango and Independence have entered into a transaction agreement providing for the combination of Contangos business with the business of Independence under a new publicly traded holding company (New PubCo).
  • Following completion of the business combination, New PubCo is expected to be renamed Crescent Energy Company with its Class A common stock expected to be listed on the NYSE under the symbol CRGY.
  • This communication may be deemed to be offering or solicitation material in respect of the proposed merger (the Proposed Merger).

Contango Completes Acquisition of Wind River Basin Assets

Retrieved on: 
Tuesday, August 31, 2021

FORT WORTH, Texas, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company(NYSE American: MCF) (Contango or the Company) today announced the successful completion of its previously announced acquisition of low decline, conventional gas assets in the Wind River Basin of Wyoming from ConocoPhillips.

Key Points: 
  • FORT WORTH, Texas, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company(NYSE American: MCF) (Contango or the Company) today announced the successful completion of its previously announced acquisition of low decline, conventional gas assets in the Wind River Basin of Wyoming from ConocoPhillips.
  • Wilkie S. Colyer, Jr., Contangos Chief Executive Officer, commented, We are excited to announce the closing of the acquisition of the Wind River Basin assets from ConocoPhillips.
  • Contango Oil & Gas Company is a Fort Worth, Texas based independent oil and natural gas company.
  • These include statements made under the headings Highlights, regarding the net production run rate, expected annual decline rate, consolidation strategies, and other anticipated benefits related to the acquisition of the Wind River Basin assets.