BRX

AE Industrial Partners Completes Sale of American Pacific Corp. to NewMarket Corp. for $700 million

Retrieved on: 
Wednesday, January 17, 2024

Founded in 1955, American Pacific produces highly specialized chemicals through proprietary processes for use in missile defense, space launch, pharmaceutical, and fire suppression applications.

Key Points: 
  • Founded in 1955, American Pacific produces highly specialized chemicals through proprietary processes for use in missile defense, space launch, pharmaceutical, and fire suppression applications.
  • The Company, based in Cedar City, Utah, produces performance additives utilized in solid rocket motors for use in space launch and military defense.
  • American Pacific is qualified to work on several NASA and Department of Defense programs, serving these organizations for over 60 years.
  • American Pacific also manufactures Halotron BrX, a clean and environmentally friendly fire extinguishing agent that replaces existing legacy high ozone-depleting fire extinguishing solutions.

NewMarket Corporation Completes the Acquisition of AMPAC Intermediate Holdings, LLC

Retrieved on: 
Tuesday, January 16, 2024

NewMarket Corporation (NYSE: NEU) today announced that it has completed the acquisition of AMPAC Intermediate Holdings, LLC, the ultimate parent company of American Pacific Corporation (AMPAC), for approximately $700 million.

Key Points: 
  • NewMarket Corporation (NYSE: NEU) today announced that it has completed the acquisition of AMPAC Intermediate Holdings, LLC, the ultimate parent company of American Pacific Corporation (AMPAC), for approximately $700 million.
  • AMPAC also manufactures Halotron BrX, a clean and environmentally friendly fire extinguishing agent that replaces legacy high ozone-depleting fire extinguishing agents.
  • Thomas E. Gottwald, NewMarket’s Chairman and CEO, said: “We are very excited about closing the acquisition of AMPAC and would like to welcome the entire AMPAC team into the NewMarket family.
  • In addition to the acquired AMPAC business, NewMarket Corporation, through its subsidiaries Afton Chemical Corporation and Ethyl Corporation, develops, manufactures, blends, and delivers chemical additives that enhance the performance of petroleum products.

NewMarket Corporation Announces the Acquisition of AMPAC Intermediate Holdings, LLC

Retrieved on: 
Monday, December 4, 2023

NewMarket Corporation (NYSE: NEU) today announced its entry into a definitive purchase agreement to acquire AMPAC Intermediate Holdings, LLC, the ultimate parent company of American Pacific Corporation (AMPAC), for approximately $700 million.

Key Points: 
  • NewMarket Corporation (NYSE: NEU) today announced its entry into a definitive purchase agreement to acquire AMPAC Intermediate Holdings, LLC, the ultimate parent company of American Pacific Corporation (AMPAC), for approximately $700 million.
  • AMPAC also manufactures Halotron BrX, a clean and environmentally friendly fire extinguishing agent that replaces legacy high ozone-depleting fire extinguishing agents.
  • The acquisition of AMPAC expands NewMarket’s exposure to mission critical, resilient sectors.
  • NewMarket Corporation, through its subsidiaries Afton Chemical Corporation and Ethyl Corporation, develops, manufactures, blends, and delivers chemical additives that enhance the performance of petroleum products.

Business RadioX(R) Announces Its New Market Expansion Plan

Retrieved on: 
Monday, September 19, 2022

Atlanta, Georgia--(Newsfile Corp. - September 19, 2022) - Business RadioX (BRX), a network of studios founded by Lee Kantor in 2007, rolls out its plan to expand into new markets.

Key Points: 
  • Atlanta, Georgia--(Newsfile Corp. - September 19, 2022) - Business RadioX (BRX), a network of studios founded by Lee Kantor in 2007, rolls out its plan to expand into new markets.
  • Amid this mass media bias, small and medium-sized businesses (SMBs) have been relying more on social media channels for brand exposure .
  • Reacting to this discovery, BRX has created a disruptive business model which connects exceptional owners of SMBs in the new markets with their target audience.
  • Lee Kantor, Founder of Business RadioX remarked, "The 'Why' behind what we do, is inspired by the limited media attention the founders of SMBs get.

Patriot Rail to Acquire Pioneer Lines, Enhancing Rail Shipper Capabilities for Customers

Retrieved on: 
Monday, August 8, 2022

Patriot Rail Company LLC today announced it has entered into an agreement to acquire Denver-based Pioneer Lines, Inc.

Key Points: 
  • Patriot Rail Company LLC today announced it has entered into an agreement to acquire Denver-based Pioneer Lines, Inc.
  • "Pioneer Lines is a diverse rail company with talented professionals and deep customer relationships," said John E. Fenton, Patriot Rail's chief executive officer.
  • Patriot Rail expects this expansion to help drive new pathways connecting with U.S. and global markets, boosting economic growth and jobs, Fenton added.
  • Learn more at www.brookhavenpartners.com
    View original content to download multimedia: https://www.prnewswire.com/news-releases/patriot-rail-to-acquire-pioneer...
    SOURCE Patriot Rail Company LLC; Pioneer Lines

Whitestone REIT Declares First Quarter 2022 Dividends

Retrieved on: 
Friday, December 17, 2021

HOUSTON, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Whitestone REIT’s (NYSE:WSR) (“Whitestone” or the “Company”) Board of Trustees has declared a monthly cash dividend of $0.035833 per share on the Company’s common shares and operating partnership units. The dividend amount represents a quarterly amount of $0.1075, and an annualized amount of $0.43 per share. The first quarter dividend distribution for 2022 will be as detailed below:

Key Points: 
  • We believe the financial strength of REITS is their ability to pay a predictable dividend, appreciate, and hedge against inflation.
  • Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops, and redevelops high-quality neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt.
  • Whitestone REIT (NYSE: WSR) pays monthly dividends to its shareholders and it has consistently done so for more than 15 years.
  • (1)For the Quarter ended September 30, 2021
    (2)Based on our December 15, 2021 closing price
    (3)Based on the December 15, 2021 closing price.

Whitestone REIT Declares Fourth Quarter 2021 Dividends

Retrieved on: 
Monday, September 13, 2021

HOUSTON, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Whitestone REIT’s (NYSE:WSR) (“Whitestone” or the “Company”) Board of Trustees has declared a monthly cash dividend of $0.035833 per share on the Company’s common shares and operating partnership units. The dividend amount represents a quarterly amount of $0.1075, and an annualized amount of $0.43 per share. The fourth quarter dividend distribution for 2021 will be as detailed below:

Key Points: 
  • This has enabled us to consistently provide our shareholders with uninterrupted monthly dividends throughout the history of our company.
  • Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops, and redevelops high-quality neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt.
  • Whitestone (NYSE: WSR) pays monthly dividends to its shareholders and it has consistently done so for more than 15 years.
  • (1)for the Quarter ended June 30, 2021
    (2)based on our September 10, 2021 closing price
    (3)Based on the September 10, 2021 closing price.

Equity Residential Appoints Angela Aman to Board of Trustees

Retrieved on: 
Thursday, December 17, 2020

Equity Residential (NYSE: EQR) today announced the appointment of Angela Aman to the Companys Board of Trustees to serve until the next annual meeting of shareholders.

Key Points: 
  • Equity Residential (NYSE: EQR) today announced the appointment of Angela Aman to the Companys Board of Trustees to serve until the next annual meeting of shareholders.
  • Ms. Aman, 41, has served as Executive Vice President, Chief Financial Officer and Treasurer of Brixmor Property Group (NYSE: BRX), since May 2016.
  • We are pleased to welcome Angela to our Board and look forward to her many contributions, said Sam Zell, Equity Residentials Chairman.
  • One of our most important roles as Trustees is to continually refresh and strengthen our Board, said Mark.