SPLP

Steel Partners Holdings Releases Annual Letter from Executive Chairman Warren Lichtenstein

Retrieved on: 
Thursday, March 9, 2023
Other Defense, Finance, Other Energy, Transport, Professional Services, Energy, Logistics, Supply Chain Management, Retail, Defense, SPLP, Philosophy, NYSE, Letter, Executive, Cryptocurrency, Management

Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company, today released its annual letter from the Company's Executive Chairman, Warren Lichtenstein.

Key Points: 
  • Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company, today released its annual letter from the Company's Executive Chairman, Warren Lichtenstein.
  • The letter can be accessed at https://ir.steelpartners.com/static-files/b12fc416-2410-430f-9b54-f29fd8... .
  • The annual letter includes reviews of the Company's 2022 financial results, provides highlights and updates from the Company's holdings, and discusses the philosophy and strategy going forward.

Steel Partners Holdings Declares Regular Quarterly Distribution On its Series A Preferred Units

Retrieved on: 
Friday, February 17, 2023
Other Defense, Finance, Other Energy, Transport, Professional Services, Energy, Logistics, Supply Chain Management, Retail, Defense, SPLP, NYSE, E series of preferred numbers, Life insurance

Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable March 15, 2023, to unitholders of record as of March 1, 2023, on its 6% Series A Preferred Units, no par value ("Series A Preferred").

Key Points: 
  • Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable March 15, 2023, to unitholders of record as of March 1, 2023, on its 6% Series A Preferred Units, no par value ("Series A Preferred").
  • Any future determination to declare distributions on its units of Series A Preferred, and any determination to pay such distributions in cash or in kind, or a combination thereof, will remain at the discretion of Steel Partners' board of directors and will be dependent upon a number of factors, including the company's results of operations, cash flows, financial position, and capital requirements, among others.

Steel Partners and Steel Sports Announce OMG Inc as the 2022 Kids First Cup Winner

Retrieved on: 
Friday, February 10, 2023
Manufacturing, Socially Responsible Investing, Finance, Social Services, Consulting, Professional Services, Philanthropy, Soccer, Teens, Sports, Children, Other Manufacturing, Foundation, Other Philanthropy, Machine Tools, Metalworking & Metallurgy, Consumer, Football, Henry Steele (sport shooter), Core values, SPLP, NYSE, Sport, Integrity, Curriculum, Baseball, Respect, OMG, Commitment, Multimedia, Robotics, Management

Steel Partners Holdings L.P. (NYSE: SPLP) and Steel Sports are thrilled to announce OMG Inc. as the winner of the 2022 Kids First Cup.

Key Points: 
  • Steel Partners Holdings L.P. (NYSE: SPLP) and Steel Sports are thrilled to announce OMG Inc. as the winner of the 2022 Kids First Cup.
  • View the full release here: https://www.businesswire.com/news/home/20230210005221/en/
    OMG Inc. President Hubert McGovern (holding cup) takes photo with employees who received sponsorships to coach local youth.
  • “OMG stood out again this year, and I am extremely proud to award them their second Kids First Cup.
  • I want to thank Warren and Steel Sports for providing our staff with many opportunities to strengthen our community.”

Steel Partners and Steel Connect Announce Termination of Merger

Retrieved on: 
Tuesday, November 15, 2022
Finance, Business, Supply Chain Management, Retail, Professional Services, Tripura Merger Agreement, Steel Connect, SPLP, Non-Custodial Parents Party (Equal Parenting), NYSE, Connect, Sub, Sport, Mergers and acquisitions, Electric Bond and Share Company v. Securities and Exchange Commission, Holding company, Parent

Steel Connect, Inc. (NASDAQ: STCN), a holding company (the Company or Steel Connect), announced today that Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company (Parent or Steel Partners) has terminated the merger agreement (the Merger Agreement) among Company, Parent and SP Merger Sub, Inc., a wholly owned subsidiary of Parent (Merger Sub and, together with Parent, the Parent Parties), dated June 12, 2022, pursuant to which Steel Partners would have acquired all of the common stock of Steel Connect not already owned by the Parent Parties (the Merger).

Key Points: 
  • Steel Connect, Inc. (NASDAQ: STCN), a holding company (the Company or Steel Connect), announced today that Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company (Parent or Steel Partners) has terminated the merger agreement (the Merger Agreement) among Company, Parent and SP Merger Sub, Inc., a wholly owned subsidiary of Parent (Merger Sub and, together with Parent, the Parent Parties), dated June 12, 2022, pursuant to which Steel Partners would have acquired all of the common stock of Steel Connect not already owned by the Parent Parties (the Merger).
  • As a result of the termination, Steel Connect will not become a wholly owned subsidiary of Steel Partners and will remain a publicly traded company on NASDAQ under the symbol STCN.
  • About Steel Partners Holdings L.P.
    Steel Partners Holdings L.P. is a diversified global holding company that owns and operates businesses and has significant interests in leading companies in various industries, including diversified industrial products, energy, defense, supply chain management and logistics, banking and youth sports.
  • Steel Connect, Inc. is a holding company with a wholly owned subsidiary, ModusLink Corporation, which serves the supply chain management markets.

Steel Partners and Steel Connect Announce Termination of Merger

Retrieved on: 
Tuesday, November 15, 2022
Other Professional Services, Professional Services, Finance, Tripura Merger Agreement, Steel Connect, SPLP, Non-Custodial Parents Party (Equal Parenting), NYSE, Connect, Sub, Sport, Mergers and acquisitions, Electric Bond and Share Company v. Securities and Exchange Commission, Holding company, Parent

Steel Connect, Inc. (NASDAQ: STCN), a holding company (the Company or Steel Connect), announced today that Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company (Parent or Steel Partners) has terminated the merger agreement (the Merger Agreement) among Company, Parent and SP Merger Sub, Inc., a wholly owned subsidiary of Parent (Merger Sub and, together with Parent, the Parent Parties), dated June 12, 2022, pursuant to which Steel Partners would have acquired all of the common stock of Steel Connect not already owned by the Parent Parties (the Merger).

Key Points: 
  • Steel Connect, Inc. (NASDAQ: STCN), a holding company (the Company or Steel Connect), announced today that Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company (Parent or Steel Partners) has terminated the merger agreement (the Merger Agreement) among Company, Parent and SP Merger Sub, Inc., a wholly owned subsidiary of Parent (Merger Sub and, together with Parent, the Parent Parties), dated June 12, 2022, pursuant to which Steel Partners would have acquired all of the common stock of Steel Connect not already owned by the Parent Parties (the Merger).
  • As a result of the termination, Steel Connect will not become a wholly owned subsidiary of Steel Partners and will remain a publicly traded company on NASDAQ under the symbol STCN.
  • About Steel Partners Holdings L.P.
    Steel Partners Holdings L.P. is a diversified global holding company that owns and operates businesses and has significant interests in leading companies in various industries, including diversified industrial products, energy, defense, supply chain management and logistics, banking and youth sports.
  • Steel Connect, Inc. is a holding company with a wholly owned subsidiary, ModusLink Corporation, which serves the supply chain management markets.

Steel Sports 7th Grader Honored at Bob Feller Act of Valor Award Ceremony

Retrieved on: 
Monday, November 21, 2022
Baseball, Act of Valor, Respect, James Steele (sports shooter), SVP, Commitment, Advisory board, Integrity, Organization, Partnership, John McNulty (U.S. Marine Corps), Senior, Sport, Athlete, Jérôme Haehnel, DC, SPLP, NYSE, Major League Baseball, National Baseball Hall of Fame and Museum, Parent, MLB, Education, Core values, Cole, Kimberly Kane, Pentagon, Essay, United States Navy Memorial, Social impact, Airline, SGT, WWII

WASHINGTON, Nov. 21, 2022 /PRNewswire/ --Last week, Steel Sports athlete Cole Ingram, a 7th grader from Estes Park, Colorado, was honored at the annual Bob Feller Act of Valor Award Ceremony in Washington, DC as a representative of the 2022 Lasorda Legacy Team.

Key Points: 
  • WASHINGTON, Nov. 21, 2022 /PRNewswire/ --Last week, Steel Sports athlete Cole Ingram, a 7th grader from Estes Park, Colorado, was honored at the annual Bob Feller Act of Valor Award Ceremony in Washington, DC as a representative of the 2022 Lasorda Legacy Team.
  • Cole was named to the first-annual Lasorda Legacy Team and awarded Act of Valor's challenge coin to commemorate his commitment to the Steel Sports core values.
  • In 2014, legendary baseball Hall of Famer and Steel Sports co-founder Tommy Lasorda was inducted into the Act of Valor Hall of Fame.
  • "This new partnership with Act of Valor stems from our shared core values," said Warren Lichtenstein, Steel Partners Executive Chairman.

Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Steel Connect Stockholders Vote “FOR” All Proposals Regarding Merger with Steel Partners

Retrieved on: 
Monday, September 19, 2022
Supply Chain Management, Professional Services, Retail, Other Professional Services, Logistics, Supply Chain Management, Transport, Finance, SPLP, Tripura Merger Agreement, NYSE, Risk, ISS, Annual general meeting, Company, NUALS Arts and Literary Annual Meet, Connect, Glass Lewis, Acquisition, Steel Connect, Person, CVR, Ownership, Internet, Director, Steel, THE, SC, NASDAQ, Â, Telephone, Proxy, SEC, Communication, Failure, Vii, Holding company, Risk management, Security (finance), Shareholder

Steel Connect, Inc. (NASDAQ: STCN) (the Company or Steel Connect) announced today that leading independent proxy advisory firms Institutional Shareholder Services, Inc. (ISS) and Glass Lewis & Co. (Glass Lewis) recommended that the Companys stockholders vote FOR all proposals to be considered and voted on at the Companys Annual Meeting of Stockholders (the Annual Meeting) in connection with the previously announced merger with Steel Partners Holdings L.P. (NYSE: SPLP) (Steel Partners).

Key Points: 
  • Steel Connect, Inc. (NASDAQ: STCN) (the Company or Steel Connect) announced today that leading independent proxy advisory firms Institutional Shareholder Services, Inc. (ISS) and Glass Lewis & Co. (Glass Lewis) recommended that the Companys stockholders vote FOR all proposals to be considered and voted on at the Companys Annual Meeting of Stockholders (the Annual Meeting) in connection with the previously announced merger with Steel Partners Holdings L.P. (NYSE: SPLP) (Steel Partners).
  • This communication contains forward-looking statements related to Steel Connect, Steel Partners and the proposed acquisition of Steel Connect by Steel Partners and their respective affiliates.
  • This communication may be deemed to be solicitation material in respect of the proposed acquisition of Steel Connect by Steel Partners.
  • In connection with the proposed merger, Steel Connect will file with the SEC and furnish to Steel Connects stockholders a proxy statement and other relevant documents.

Steel Partners Holdings 2021 Schedule K-3 Available

Retrieved on: 
Thursday, September 15, 2022
Other Professional Services, Professional Services, Finance, Sport, SPLP, Review, Partnership, NYSE

Steel Partners Holdings L.P. (NYSE: SPLP) (the Partnership) today announced that its 2021 Schedule K-3 reflecting items of international tax relevance is available online.

Key Points: 
  • Steel Partners Holdings L.P. (NYSE: SPLP) (the Partnership) today announced that its 2021 Schedule K-3 reflecting items of international tax relevance is available online.
  • A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements.
  • To receive an electronic copy of your Schedule K-3 via email, unitholders may call Tax Package Support toll free at (877) 259-4276.
  • About Steel Partners Holdings L.P.
    Steel Partners Holdings L.P. ( www.steelpartners.com ) is a diversified global holding company that owns and operates businesses and has significant interests in leading companies in various industries, including diversified industrial products, energy, defense, supply chain management and logistics, banking and youth sports.

Steel Partners Celebrates National Intern Day with Milwaukee Town Hall and Interns Event

Retrieved on: 
Thursday, July 28, 2022
James Steele (sports shooter), MTI, Respect, American Family Field, United Nations' International Day of Persons with Disabilities, CEO, NYSE, Executive, Integrity, Commitment, Athlete, SPLP, Magnetism, Partner, Sport, Chicago White Sox, United Nations International School of Hanoi, Public relations, Toy, Steel, Teamwork

MILWAUKEE, July 28, 2022 /PRNewswire/ -- Bobby Valentine convened with interns from Steel Partners, a diversified holding company, to celebrate National Intern Day in Milwaukee this week.

Key Points: 
  • MILWAUKEE, July 28, 2022 /PRNewswire/ -- Bobby Valentine convened with interns from Steel Partners, a diversified holding company, to celebrate National Intern Day in Milwaukee this week.
  • Bobby Valentine convened with interns from Steel Partners to celebrate National Intern Day in Milwaukee this week.
  • Through this joint program, Steel employees and interns heard directly from Valentine about the company's core values of Teamwork, Respect, Integrity, and Commitment.
  • Valentine addressed the group of interns and Wisconsin-based employees at MTI on Tuesday, July 26th, as part of the larger Steel Sports Town Hall program.

Aerojet Rocketdyne Executive Chairman Warren Lichtenstein Issues Final Statement Ahead of Special Meeting

Retrieved on: 
Tuesday, June 28, 2022
Professional Services, Finance, Federation, Securities Act of 1933, Securities Exchange Act of 1934, Aerojet Rocketdyne Holdings, Legislation, Climate change, SPLP, COVID-19, Company, Greenhouse, SBA, Risk, Contract, Partnership, Investment, SOFR, THE, Environment, NYSE, SEC, AJRD, GREEN, Board, Form 10-K, Program, Special, PPP, Risk management

Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) (Aerojet Rocketdyne or the Company) Executive Chairman Warren Lichtenstein, who collectively with his affiliates and the participants in his solicitation owns approximately 5.6% of the Company's outstanding shares, today issued the below statement ahead of a special meeting of shareholders (the Special Meeting) scheduled to be held on June 30, 2022.

Key Points: 
  • Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) (Aerojet Rocketdyne or the Company) Executive Chairman Warren Lichtenstein, who collectively with his affiliates and the participants in his solicitation owns approximately 5.6% of the Company's outstanding shares, today issued the below statement ahead of a special meeting of shareholders (the Special Meeting) scheduled to be held on June 30, 2022.
  • Aerojet Rocketdynes viability as a functioning and sellable business hangs in the balance at this weeks Special Meeting.
  • Shareholders should not be fooled by Ms. Drakes attempts to downplay the last 18 months of evident cash flow issues, customer complaints, employee attrition and program performance lapses.
  • Her unwillingness to pre-release second quarter results signals that the Company is, in fact, reeling from neglect.