SCU

CampusESP Announces Customer 400: Santa Clara University

Retrieved on: 
Friday, March 22, 2024

So we’re excited to have achieved another milestone and to be welcoming Santa Clara University (SCU) as CampusESP Customer 400!

Key Points: 
  • So we’re excited to have achieved another milestone and to be welcoming Santa Clara University (SCU) as CampusESP Customer 400!
  • A private Jesuit school in Silicon Valley, Santa Clara has long believed in the power of community but is just starting their parent and family engagement journey.
  • CampusESP arrived on campus at Santa Clara not long after Steven Ponce did.
  • “We’re so excited to welcome Santa Clara University as Customer 400” said Dave Becker, CEO and co-founder of CampusESP.

Santa Clara University Celebrates History-Making $1 Billion Fundraising Milestone

Retrieved on: 
Sunday, January 28, 2024

Santa Clara University today celebrated a rare and prestigious milestone: the completion of its $1 billion Innovating with a Mission campaign, the largest comprehensive fundraising campaign in the University’s 173-year history.

Key Points: 
  • Santa Clara University today celebrated a rare and prestigious milestone: the completion of its $1 billion Innovating with a Mission campaign, the largest comprehensive fundraising campaign in the University’s 173-year history.
  • The record total of $1.017 billion reflects contributions from more than 46,000 alumni, corporations, foundations, parents and other friends of Santa Clara.
  • Santa Clara now becomes the fourth Catholic university in the United States to reach that $1 billion goal.
  • “This Campaign marks a key moment in Santa Clara University’s ascent as one of the nation’s leading institutions of higher learning,” said Larry Sonsini, chair of Santa Clara University’s Board of Trustees.

ALERT: The M&A Class Action Firm Continues Investigating the Merger – PCTI, SP, FNCB, SCU

Retrieved on: 
Friday, November 3, 2023

Under the terms of the agreement, PCTI shareholders will receive $7.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, PCTI shareholders will receive $7.00 in cash per share they own.
  • Under the terms of the agreement, FNCB shareholders are expected to receive 0.1460 shares of Peoples per share they own.
  • Sculptor Capital Management Inc. (NYSE: SCU ), relating to its proposed sale to Rithm Capital Corp.
  • Under the terms of the agreement, Class A SCU shareholders are expected to receive $11.15 in cash per share they own.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – SLGC, FNCB, NXGN, SCU

Retrieved on: 
Friday, October 27, 2023

Under the terms of the agreement, SLGC shareholders will receive 1.11 shares of Standard BioTools per share they own.

Key Points: 
  • Under the terms of the agreement, SLGC shareholders will receive 1.11 shares of Standard BioTools per share they own.
  • FNCB Bancorp, Inc. (Nasdaq: FNCB ), relating to its proposed sale to Peoples Financial Services Corp.
  • Under the terms of the agreement, FNCB shareholders are expected to receive 0.1460 shares of Peoples per share they own.
  • Under the terms of the agreement, Class A SCU shareholders are expected to receive $11.15 in cash per share they own.

Leading Proxy Advisory Firms ISS and Glass Lewis Recommend Sculptor Capital Stockholders Vote “For” Merger With Rithm Capital Corp.

Retrieved on: 
Friday, November 3, 2023

Sculptor Capital Management Inc. (NYSE: SCU) (“Sculptor”) today announced that leading proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis’) recommend that Sculptor stockholders vote “FOR” its proposed merger with Rithm Capital Corp. (NYSE: RITM) (“Rithm”) at Sculptor’s special meeting of stockholders (the “Special Meeting”) to be held on November 16, 2023.

Key Points: 
  • Sculptor Capital Management Inc. (NYSE: SCU) (“Sculptor”) today announced that leading proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis’) recommend that Sculptor stockholders vote “FOR” its proposed merger with Rithm Capital Corp. (NYSE: RITM) (“Rithm”) at Sculptor’s special meeting of stockholders (the “Special Meeting”) to be held on November 16, 2023.
  • Marcy Engel, Chair of the Board of Directors of Sculptor, stated, “We are pleased that the two leading proxy advisory firms, ISS and Glass Lewis, have recommended that stockholders vote “FOR” our proposed transaction by Rithm, which will deliver immediate and certain value for stockholders.
  • Sculptor’s Board of Directors strongly encourages stockholders to follow ISS’ and Glass Lewis’ recommendations and vote “FOR” the proposed merger at the Special Meeting.
  • Please vote today by telephone, via the Internet or
    by signing, dating and returning the enclosed proxy card.

The Founding Partners of Sculptor Capital Enter Into Agreement With Rithm Capital to Support Increased Offer to Benefit All Sculptor Shareholders

Retrieved on: 
Friday, October 27, 2023

Over the last 18 months, the Founding Partners have focused on increasing shareholder value.

Key Points: 
  • Over the last 18 months, the Founding Partners have focused on increasing shareholder value.
  • Through public statements and actions, we have sought to promote transparency and worked to ensure a competitive process open to all bidders.
  • Specifically, since Sculptor announced a deal with Rithm, we have focused our efforts on securing a better deal for all shareholders.
  • Daniel S. Och, said, “We are pleased to have helped negotiate a better outcome for Sculptor shareholders.

Rithm Capital Corp. Enters into Amended Merger Agreement to Acquire Sculptor Capital Management For $12.70 Per Sculptor Class A Share

Retrieved on: 
Friday, October 27, 2023

Rithm Capital Corp. (NYSE: RITM; “Rithm”) and Sculptor Capital Management Inc. (NYSE: SCU; “Sculptor”) today announced they have amended the terms of their previously announced definitive merger agreement (the “Amended Agreement”), pursuant to which Rithm will acquire Sculptor.

Key Points: 
  • Rithm Capital Corp. (NYSE: RITM; “Rithm”) and Sculptor Capital Management Inc. (NYSE: SCU; “Sculptor”) today announced they have amended the terms of their previously announced definitive merger agreement (the “Amended Agreement”), pursuant to which Rithm will acquire Sculptor.
  • The Transaction represents a premium of 49.4% over the unaffected November 17, 2022, closing Class A share price of $8.50.
  • Michael Nierenberg, Chairman, Chief Executive Officer and President of Rithm stated, “We remain thrilled to partner with Sculptor and thank Dan and the other founders for their support of Rithm’s amended agreement.
  • J.P. Morgan Securities LLC acted as financial advisor and Ropes & Gray LLP acted as legal counsel to Sculptor.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – FNCB, SLGC, SCU, NXGN

Retrieved on: 
Wednesday, October 18, 2023

Under the terms of the agreement, FNCB shareholders are expected to receive 0.1460 shares of Peoples per share they own.

Key Points: 
  • Under the terms of the agreement, FNCB shareholders are expected to receive 0.1460 shares of Peoples per share they own.
  • Under the terms of the agreement, SLGC shareholders will receive 1.11 shares of Standard BioTools per share they own.
  • Under the terms of the agreement, Class A SCU shareholders are expected to receive $11.15 in cash per share they own.
  • Under the terms of the agreement, NXGN shareholders are expected to receive $23.95 in cash per share they own.

Founding Partners of Sculptor Capital File Complaint in Delaware Seeking Injunctive Relief

Retrieved on: 
Tuesday, October 17, 2023

The Founding Partners of Sculptor Capital Management, Inc. (“Sculptor” or the “Company”) (NYSE: SCU), which include Daniel S. Och, Harold Kelly, Richard Lyon, James O’Connor and Zoltan Varga, today filed a complaint against the Company, its directors (including the members of the Special Committee) and Rithm Capital Corp ("Rithm”) in the Delaware Court of Chancery.

Key Points: 
  • The Founding Partners of Sculptor Capital Management, Inc. (“Sculptor” or the “Company”) (NYSE: SCU), which include Daniel S. Och, Harold Kelly, Richard Lyon, James O’Connor and Zoltan Varga, today filed a complaint against the Company, its directors (including the members of the Special Committee) and Rithm Capital Corp ("Rithm”) in the Delaware Court of Chancery.
  • Despite these fundamental facts, the Special Committee has agreed to an amended deal with Rithm at only $12 per share.
  • The Sculptor Board continues to prevent the Consortium from communicating directly with the public stockholders or the Company’s clients, and from negotiating with the Founders.
  • Working together, the Special Committee and Rithm are pushing forward an inferior deal that protects Sculptor management at the expense of the public stockholders.

SCULPTOR CAPITAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Sculptor Capital Management Inc. - SCU

Retrieved on: 
Monday, October 16, 2023

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Sculptor Capital Management Inc. (NYSE: SCU) to Rithm Capital Corp. (NYSE: RITM).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Sculptor Capital Management Inc. (NYSE: SCU) to Rithm Capital Corp. (NYSE: RITM).
  • Under the terms of the proposed transaction, shareholders of Sculptor Class A will receive $11.15 in cash for each share of Sculptor Class A 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 .