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Delaware Funds® by Macquarie Municipal Income Funds Announce Dividends

Retrieved on: 
Tuesday, February 2, 2021

Macquarie Investment Management, a member of Macquarie Group, is a global asset manager with offices in the United States, Europe, Asia, and Australia.

Key Points: 
  • Macquarie Investment Management, a member of Macquarie Group, is a global asset manager with offices in the United States, Europe, Asia, and Australia.
  • Macquarie Investment Management is supported by the resources of Macquarie Group (ASX: MQG; ADR: MQBKY), a global provider of asset management, investment, banking, financial and advisory services.
  • Macquarie Group refers to Macquarie Group Limited and its subsidiaries and affiliates worldwide.
  • The obligations of these entities do not represent deposits or other liabilities of MBL, a subsidiary of Macquarie Group Limited and an affiliate of Macquarie Investment Management.

Macquarie Global Infrastructure Total Return Fund Inc. Announces Regular Monthly Distribution

Retrieved on: 
Tuesday, February 2, 2021

The Board of Directors of Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU) (the Fund) declared on February 2, 2021, a regular distribution for the month ending Jan. 31, 2021 of $0.075 per share.

Key Points: 
  • The Board of Directors of Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU) (the Fund) declared on February 2, 2021, a regular distribution for the month ending Jan. 31, 2021 of $0.075 per share.
  • About the Macquarie Global Infrastructure Total Return Fund Inc.
    Macquarie Global Infrastructure Total Return Fund Inc., a diversified closed-end fund, is listed on the New York Stock Exchange.
  • The Funds investment adviser is Delaware Management Company (Investment Adviser), a series of Macquarie Investment Management Business Trust, which is a subsidiary of Macquarie Management Holdings, Inc. (MMHI).
  • Macquarie Investment Management (MIM), a member of Macquarie Group, is the marketing name for certain companies comprising the asset management division of Macquarie Group Limited and its subsidiaries and affiliates worldwide.

Delaware Funds® by Macquarie Municipal Income Funds Announce Dividends

Retrieved on: 
Tuesday, January 5, 2021

Macquarie Investment Management, a member of Macquarie Group, is a global asset manager with offices in the United States, Europe, Asia, and Australia.

Key Points: 
  • Macquarie Investment Management, a member of Macquarie Group, is a global asset manager with offices in the United States, Europe, Asia, and Australia.
  • Macquarie Investment Management is supported by the resources of Macquarie Group (ASX: MQG; ADR: MQBKY), a global provider of asset management, investment, banking, financial and advisory services.
  • Macquarie Group refers to Macquarie Group Limited and its subsidiaries and affiliates worldwide.
  • The obligations of these entities do not represent deposits or other liabilities of MBL, a subsidiary of Macquarie Group Limited and an affiliate of Macquarie Investment Management.

Macquarie Global Infrastructure Total Return Fund Inc. Announces Regular Monthly Distribution

Retrieved on: 
Tuesday, January 5, 2021

The Board of Directors of Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU) (the Fund) declared on Jan. 5, 2021, a regular distribution for the month ending Dec. 31, 2020 of $0.075 per share.

Key Points: 
  • The Board of Directors of Macquarie Global Infrastructure Total Return Fund Inc. (NYSE:MGU) (the Fund) declared on Jan. 5, 2021, a regular distribution for the month ending Dec. 31, 2020 of $0.075 per share.
  • About the Macquarie Global Infrastructure Total Return Fund Inc.
    Macquarie Global Infrastructure Total Return Fund Inc., a diversified closed-end fund, is listed on the New York Stock Exchange.
  • The Funds investment adviser is Delaware Management Company (Investment Adviser), a series of Macquarie Investment Management Business Trust, which is a subsidiary of Macquarie Management Holdings, Inc. (MMHI).
  • Macquarie Investment Management (MIM), a member of Macquarie Group, is the marketing name for certain companies comprising the asset management division of Macquarie Group Limited and its subsidiaries and affiliates worldwide.

Alaska Communications Announces Receipt of Superior Proposal

Retrieved on: 
Thursday, December 24, 2020

Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (Alaska Communications or the Company) today announced that it has received an acquisition proposal from a third party (the Superior Proposal Bidder) at $3.40 per share, which the Companys Board of Directors (the Board) has determined constitutes a Superior Proposal (as defined in the previously announced amended and restated agreement and plan of merger, as amended, with affiliates of Macquarie Capital (Macquarie) and GCM Grosvenor (GCM), through its Labor Impact Fund, L.P., (the Macquarie/GCM Merger Agreement)) (the Superior Proposal Offer).

Key Points: 
  • Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (Alaska Communications or the Company) today announced that it has received an acquisition proposal from a third party (the Superior Proposal Bidder) at $3.40 per share, which the Companys Board of Directors (the Board) has determined constitutes a Superior Proposal (as defined in the previously announced amended and restated agreement and plan of merger, as amended, with affiliates of Macquarie Capital (Macquarie) and GCM Grosvenor (GCM), through its Labor Impact Fund, L.P., (the Macquarie/GCM Merger Agreement)) (the Superior Proposal Offer).
  • Under the terms of the Superior Proposal Offer, the Superior Proposal Bidder would acquire the Company for nominal consideration of $3.40 per share, reflecting a transaction valued at approximately $332 million including net debt.
  • The Company has notified Macquarie and GCM of the Boards determination that the Superior Proposal Offer is a Superior Proposal under the Macquarie/GCM Merger Agreement and, pursuant to the Macquarie/GCM Merger Agreement, Macquarie and GCM have the right to negotiate an amendment of the Macquarie/GCM Merger Agreement for a period of four Business Days beginning December 24 so that the Superior Proposal Offer will no longer be a Superior Proposal.
  • Alaska Communications (NASDAQ: ALSK) is the leading provider of advanced broadband and managed IT services for businesses and consumers in Alaska.

Alaska Communications Announces Amendment of Amended & Restated Merger Agreement with Macquarie Capital and GCM Grosvenor to Increase Consideration to $3.26 per Share

Retrieved on: 
Tuesday, December 22, 2020

The increased offer from Macquarie Capital and GCM and the amendment to the amended and restated merger agreement followed Alaska Communications receipt of a Superior Proposal (as defined in the amended and restated merger agreement) from an unaffiliated third party.

Key Points: 
  • The increased offer from Macquarie Capital and GCM and the amendment to the amended and restated merger agreement followed Alaska Communications receipt of a Superior Proposal (as defined in the amended and restated merger agreement) from an unaffiliated third party.
  • Under the terms of the Amended Merger Agreement, if the Amended Merger Agreement is terminated in connection with a superior proposal, Alaska Communications would be obligated to pay to Macquarie Capital and GCM a termination fee of $6.8 million.
  • Alaska Communications Board of Directors determined that the revised transaction with Macquarie Capital and GCM is in the best interests of Alaska Communications and its stockholders, and has unanimously approved the Amended Merger Agreement with Macquarie Capital and GCM and recommends that Alaska Communications stockholders approve the proposed merger and Amended Merger Agreement.
  • 1 to Amended & Restated Agreement and Plan of Merger (the Amended Merger Agreement) by and among the Company, Juneau Parent Co, Inc. (Parent) and Juneau Merger Co, Inc. (Merger Sub).

Macquarie Investment Management Releases 2021 Global Investment Outlook: Resolve Amid Disorder

Retrieved on: 
Tuesday, December 15, 2020

Macquarie Investment Management today issued its Outlook 2021: Resolve Amid Disorder, which provides in-depth commentary on global equities, fixed income, and alternatives, analyzing the impact of COVID-19, monetary and fiscal policy responses, and other key factors.

Key Points: 
  • Macquarie Investment Management today issued its Outlook 2021: Resolve Amid Disorder, which provides in-depth commentary on global equities, fixed income, and alternatives, analyzing the impact of COVID-19, monetary and fiscal policy responses, and other key factors.
  • To view the complete 2021 Outlooks: click here
    Macquarie Asset Management (MAM) is the asset management division of Macquarie Group.
  • Macquarie Investment Management is a global asset manager with offices in the United States, Europe, Asia, and Australia.
  • Macquarie Investment Management is a division of Macquarie Asset Management, a global asset manager with more than $US397.4 billion in assets under management as of Sept. 30, 2020.

Alaska Communications Announces Receipt of Superior Proposal

Retrieved on: 
Tuesday, December 15, 2020

Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (Alaska Communications or the Company) today announced that it has received an acquisition proposal from a third party (the Superior Proposal Bidder) at $3.25 per share, which the Companys Board of Directors (the Board) has determined constitutes a Superior Proposal (as defined in the previously announced amended and restated agreement and plan of merger with affiliates of Macquarie Capital (Macquarie) and GCM Grosvenor (GCM), through its Labor Impact Fund, L.P., (the Macquarie/GCM Merger Agreement)) (the Superior Proposal Offer).

Key Points: 
  • Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (Alaska Communications or the Company) today announced that it has received an acquisition proposal from a third party (the Superior Proposal Bidder) at $3.25 per share, which the Companys Board of Directors (the Board) has determined constitutes a Superior Proposal (as defined in the previously announced amended and restated agreement and plan of merger with affiliates of Macquarie Capital (Macquarie) and GCM Grosvenor (GCM), through its Labor Impact Fund, L.P., (the Macquarie/GCM Merger Agreement)) (the Superior Proposal Offer).
  • Under the terms of the Superior Proposal Offer, the Superior Proposal Bidder would acquire the Company for nominal consideration of $3.25 per share, reflecting a transaction valued at approximately $325 million including debt.
  • The Company has notified Macquarie and GCM of the Boards determination that the Superior Proposal Offer is a Superior Proposal under the Macquarie/GCM Merger Agreement and, pursuant to the Macquarie/GCM Merger Agreement, Macquarie and GCM have the right to negotiate an amendment of the Macquarie/GCM Merger Agreement for a period of four Business Days beginning December 15 so that the Superior Proposal Offer will no longer be a Superior Proposal.
  • Alaska Communications (NASDAQ: ALSK) is the leading provider of advanced broadband and managed IT services for businesses and consumers in Alaska.

Alaska Communications Announces Entry into Amended and Restated Merger Agreement with Macquarie Capital and GCM Grosvenor to Increase Consideration to $3.20 per Share

Retrieved on: 
Thursday, December 10, 2020

The increased offer from Macquarie Capital and GCM and the amendment to the merger agreement followed Alaska Communications receipt of a Superior Proposal (as defined in the original merger agreement) from an unaffiliated third party during the go-shop period provided for under the original merger agreement.

Key Points: 
  • The increased offer from Macquarie Capital and GCM and the amendment to the merger agreement followed Alaska Communications receipt of a Superior Proposal (as defined in the original merger agreement) from an unaffiliated third party during the go-shop period provided for under the original merger agreement.
  • The transaction is subject to the approval of Alaska Communications stockholders, regulatory approvals and other customary closing conditions.
  • Alaska Communications Board of Directors determined that the revised transaction with Macquarie and GCM is in the best interests of Alaska Communications and its stockholders, and has unanimously approved the Amended Merger Agreement with Macquarie Capital and GCM and recommends that Alaska Communications stockholders approve the proposed merger and Amended Merger Agreement.
  • Macquarie Capital is serving as financial advisor to Macquarie Capital and GCM in connection with the transaction.

Macquarie Group to Acquire Waddell & Reed Financial, Inc. for $1.7 Billion

Retrieved on: 
Wednesday, December 2, 2020

Waddell & Reed Financial, Inc. (NYSE: WDR) today announced it has entered into a merger agreement with Macquarie Asset Management, the asset management division of Macquarie Group (ASX: MQG; ADR: MQBKY), under which Macquarie would acquire all of the outstanding shares of Waddell & Reed for $25.00 per share in cash representing total consideration of $1.7 billion.

Key Points: 
  • Waddell & Reed Financial, Inc. (NYSE: WDR) today announced it has entered into a merger agreement with Macquarie Asset Management, the asset management division of Macquarie Group (ASX: MQG; ADR: MQBKY), under which Macquarie would acquire all of the outstanding shares of Waddell & Reed for $25.00 per share in cash representing total consideration of $1.7 billion.
  • Through its subsidiaries, Waddell & Reed Financial, Inc. has provided investment management and wealth management services to clients throughout the U.S. since 1937.
  • Shawn Lytle, President of Delaware Funds by Macquarie and Head of Macquarie Group in the Americas, added: This transaction is an important step forward in our growth strategy for Delaware Funds by Macquarie.
  • This filing may be deemed solicitation material in respect of the proposed acquisition of Waddell & Reed Financial, Inc. by Macquarie.