C corporation

PKF O'Connor Davies Announces 2024 Partner Promotions

Retrieved on: 
Tuesday, January 16, 2024
Death, Architecture, PKF, Accounting, CFO, Biotechnology, Partnership, Insurance, Treasurer, School, Housing, PRIDE, History, Business News, C corporation, Software, Fraud, Federal Acquisition Regulation, Bankruptcy, Cemetery, Growth, Internal Revenue Service, Telecommunications, Long Island Business News, Average revenue per user, Engineering, Trustee, Security (finance), Voluntary disclosure, Publication, Financial services

NEW YORK, Jan. 16, 2024 /PRNewswire-PRWeb/ -- PKF O'Connor Davies, one of the nation's largest accounting, tax and advisory practices, today announced the promotion of 19 employees to leadership positions within the organization. Sumeet Agarwal, Jesse Allen, Darren Bushey, Benjamin Garcia, Christina Gray, Sarah Guilmette, Thomas Kelly, Michael Kettell, Jon Klerowski, Michael Koenecke, Jaron Lariviere, Roman Matatov, Ravi Melwani, Melissa Modelson, Joseph Parmegiani, Jackie Reinhard, Nicholas Rochedieu, Patrick Trask and Ioanna Vavasis have been elevated to the role of Partner.

Key Points: 
  • "Our 2024 Partner Class is comprised of high-performing, committed leaders who drive our organization forward and strengthen our reputation for excellence in countless ways," said Kevin J. Keane, Executive Chairman at PKF O'Connor Davies.
  • "Our 2024 Partner Class is comprised of high-performing, committed leaders who drive our organization forward and strengthen our reputation for excellence in countless ways," said Kevin J. Keane, Executive Chairman at PKF O'Connor Davies.
  • Christina Gray has built her professional career at PKF O'Connor Davies, starting with the organization over a decade ago as an intern.
  • PKF O'Connor Davies continues to expand through organic growth and acquisitions on the East Coast and beyond.

Cedar Fair and Six Flags to Combine in Merger of Equals, Creating a Leading Amusement Park Operator

Retrieved on: 
Thursday, November 2, 2023
Business, Theme Parks, Professional Services, General Entertainment, Entertainment, Adjustment, Fair, Water, NYSE, Food, Cedar Fair, History, Six Flags, EBITDA, Conference, Organization, Note, Goldman Sachs, Kirkland & Ellis, Perella Weinberg Partners, LLP, DC Comics, C corporation, CFO, Investment, FUN, Weil, Gotshal & Manges, Retail, Security (finance), Amusement park, Management

“Six Flags and Cedar Fair share a strong cultural alignment, operating philosophy, and steadfast commitment to providing consumers with thrilling experiences.

Key Points: 
  • “Six Flags and Cedar Fair share a strong cultural alignment, operating philosophy, and steadfast commitment to providing consumers with thrilling experiences.
  • The companies expect to leverage Cedar Fair’s recent park investment experience to accelerate the transformation underway across Six Flags’ portfolio.
  • Participants on the call will include Six Flags President and CEO Selim Bassoul, Cedar Fair President and CEO Richard Zimmerman, Cedar Fair Executive Vice President and CFO Brian Witherow, and Six Flags CFO Gary Mick.
  • Investors and all other interested parties can access a live, listen-only audio webcast of the call on the Cedar Fair and Six Flags websites.

Lazard LTD Reports Third-Quarter and Nine-Month 2023 Results

Retrieved on: 
Thursday, October 26, 2023
Asset Management, Professional Services, Finance, Sale, Air Methods, Smurfit Kappa, Venator, Kimco Realty, Francisco Partners, Share repurchase, Conference, GAAP, Acquisition, BPEA, Endo International, AUM, Growth, C corporation, Service provider, SVB, BPEA EQT, Reata Pharmaceuticals, Weather, Medicine, Silicon, Telegraph Media Group, BD (company), Lazard, Investment, United Group, Asset management, The Weather Company, National CineMedia, BC Partners, Ferrero SpA, Bed Bath & Beyond, Beauty salon, Clothing, Financial services, Security (finance), Video game, Cryptocurrency, Insurance, Bank, Vistra Corp, Nutrinova, Fenofibrate

For a list of publicly announced Financial Advisory transactions on which Lazard advised in the third quarter of 2023, or continued to advise or completed since September 30, 2023, please visit our website at www.lazard.com/financial-advisory/transactions/ .

Key Points: 
  • For a list of publicly announced Financial Advisory transactions on which Lazard advised in the third quarter of 2023, or continued to advise or completed since September 30, 2023, please visit our website at www.lazard.com/financial-advisory/transactions/ .
  • For the third quarter of 2023, Asset Management operating revenue was $262 million, flat compared to the third quarter of 2022.
  • AUM as of September 30, 2023, was $228 billion, 5% lower than June 30, 2023, and 15% higher than September 30, 2022.
  • ET on October 26, 2023, to discuss the company’s financial results for the third quarter and first nine months of 2023.

KeraLink International Unveils Groundbreaking Strategy to Eradicate Corneal Blindness

Retrieved on: 
Monday, August 28, 2023
Foundation, Optical, Health, Philanthropy, International, KLI, Infection, Corneal opacity, Intelligence, Research, Paratriathlon, IKI, Opacity (optics), C corporation, Corneal transplantation, Pharmaceutical industry, Management, Cryptocurrency, Medical imaging, Developing country

KeraLink International (KLI), a globally renowned charitable organization and leader in corneal health innovation, today unveiled three major initiatives to eradicate corneal blindness in low- and middle-income countries (LMICs): supporting the development of a groundbreaking approach to corneal regeneration; advancing a wholistic global strategy for preventing and treating corneal conditions that may lead to blindness; and spearheading a collaborative international effort to combat infectious keratitis, the leading cause of corneal blindness globally.

Key Points: 
  • KeraLink International (KLI), a globally renowned charitable organization and leader in corneal health innovation, today unveiled three major initiatives to eradicate corneal blindness in low- and middle-income countries (LMICs): supporting the development of a groundbreaking approach to corneal regeneration; advancing a wholistic global strategy for preventing and treating corneal conditions that may lead to blindness; and spearheading a collaborative international effort to combat infectious keratitis, the leading cause of corneal blindness globally.
  • “KeraLink International is unique in our singular focus on bringing health care providers, technology innovators, philanthropists, and investors into a coordinated, collaborative effort to eliminate corneal blindness in LMICs,” said Douglas J. Furlong, Board Chairman, KLI.
  • In the U.S., untreated corneal blindness is essentially a condition of the past.
  • Corneal blindness affects 12.7 million children and adults and threatens tens of millions more, even though it is preventable, treatable, and reversible.

Zeta Energy completes conversion to C Corporation

Retrieved on: 
Wednesday, May 18, 2022
Cobalt, Company, Graphite, C corporation, Carbon, Social media, CFO, Technology, Manganese, Zeta, Electric battery

HOUSTON, May 18, 2022 /PRNewswire/ -- Zeta Energy announced today that it has successfully completed its conversion to a C Corporation.

Key Points: 
  • HOUSTON, May 18, 2022 /PRNewswire/ -- Zeta Energy announced today that it has successfully completed its conversion to a C Corporation.
  • We would like to especially thank our CFO, Michael Zemble for his hard work and guidance through our corporate conversion process."
  • Zeta Energy was founded in 2014 to create breakthrough battery technology that is expected to enable dramatic improvements in electric vehicles and grid energy storage, as well as many other applications.
  • Zeta Energy is a US-based privately-held company focused on developing and commercializing high performance, safe, rechargeable batteries that are lower cost and sustainably manufactured.

Seritage Growth Properties Announces Termination of REIT Election

Retrieved on: 
Thursday, March 31, 2022
REIT, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Trustee, GGP, Hammerson, NYSE, Head, JMB Realty, Report of the Special Committee on the Termination of the National Emergency, Time, Sculpture, History, Security (finance), Trust, Cornell University, Sale, The Carlyle Group, International real estate, First National Bank, GGP Inc., Health, GLA, U.S. Securities and Exchange Commission, Phrase, Income, Chinese Estates Group, Morgan Stanley, Sculpture garden, Forward-looking statement, Board, Annual report, Ownership, Â, Sears Holdings, Director, C corporation, Real estate investment trust, Failure, The Blackstone Group, Angelo Gordon, Board of directors, Review, TPG, Committee, Company, Unibail-Rodamco-Westfield, Violence, REIT, Bankruptcy, Bachelor of Arts, Safety, Howard Hughes Corporation, Senior advisor, COVID-19, SRG, Acquisition, Management, Northwestern University, Parkway Properties, ADAM METZ, SERITAGE GROWTH PROPERTIES

Seritage Growth Properties (NYSE: SRG) (the Company), a national owner and developer of 162 retail, residential and mixed-use properties, today announced that its Board of Trustees has approved a plan to terminate its election to be treated as a Real Estate Investment Trust (REIT) for tax purposes and to convert the Company to a C corporation.

Key Points: 
  • Seritage Growth Properties (NYSE: SRG) (the Company), a national owner and developer of 162 retail, residential and mixed-use properties, today announced that its Board of Trustees has approved a plan to terminate its election to be treated as a Real Estate Investment Trust (REIT) for tax purposes and to convert the Company to a C corporation.
  • The termination of the REIT election will be retroactively effective as of January 1, 2022.
  • Previously, Mr. Metz served as Chief Executive Officer of General Growth Properties (GGP), where he led GGP through its restructuring and emergence from bankruptcy.
  • Seritage is principally engaged in the ownership, development, redevelopment, management, sale and leasing of diversified and mixed-use properties throughout the United States.

Generational Equity Advises Prime Label KC in Its Sale to Private Investor

Retrieved on: 
Friday, February 11, 2022
Professional Services, Packaging, Manufacturing, Finance, Consulting, Other Manufacturing, Food, Boundedly generated group, Company, Kansas City metropolitan area, Equity (finance), Education, Sale, Â, Acquisition, Central Region, Institute for Private Investors, Senior, C corporation, Industry, Financial services, Sales

Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Prime Label KC, Inc. to a Private Investor, Mr. Todd McCullough.

Key Points: 
  • Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Prime Label KC, Inc. to a Private Investor, Mr. Todd McCullough.
  • Located in Belton, Missouri, Prime Label KC (PLKC) was founded in 1993 to provide custom pressure sensitive labels and sheets to customers throughout the United States.
  • Through increasing production capabilities and offerings, the Company has been able to establish itself as a local leader in the industry.
  • Generational Equity , Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors , Generational Consulting Group , and DealForce are part of the Generational Group , which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.

The GEO Group Announces Change in Corporate Structure

Retrieved on: 
Thursday, December 2, 2021
Construction & Property, Legal, Professional Services, REIT, 8-K, U.S. Department of Commerce Office of Security, Justice, GEO Group, Rehabilitation, GEO, Review, Bed, Income, Deleveraging, Workforce, C corporation, Forward-looking statement, Company, EBITDA, COVID-19 vaccine, U.S. Department of Justice Office of Legislative Affairs, NYSE, Transport, State government, Angelo Gordon, Contract, REIT, Real estate investment trust, COVID-19, Legislation, CPP Investment Board, Net income, Policy, United Kingdom, Board of directors, Board, Ownership, Securities & Exchange Commission of Pakistan, Life insurance

The decision stems from the Boards evaluation of GEOs corporate tax structure and REIT status, which was announced on April 7, 2021.

Key Points: 
  • The decision stems from the Boards evaluation of GEOs corporate tax structure and REIT status, which was announced on April 7, 2021.
  • The change in corporate status from a REIT to a taxable C Corporation is expected to give GEO additional flexibility to allocate free cash flow towards reducing net recourse debt.
  • Due to the tax related corporate restructuring items, GEO expects to report a loss in Net Income Attributable to GEO for the fourth quarter of 2021 of approximately $69 million.
  • Due to the tax related corporate restructuring items, GEO expects full-year 2021 Net Income Attributable to GEO to be in a range of $70 million to $72 million.

Biden Tax Proposal Could Boost Tax Master Network's Core Service

Retrieved on: 
Thursday, May 6, 2021
Articles, Corporate taxation in the United States, Tax, Economy, Corporate tax avoidance, Tax avoidance, C corporation, Corporate tax, International taxation, Offshore magic circle, Taxation in the Republic of Ireland

b'CINCINNATI, May 6, 2021 /PRNewswire/ -- Financial Gravity Companies Inc. (OTCQB: FGCO) announced that the corporate tax increase included in President Biden\'s $2 trillion infrastructure package, could juice even more demand for their subsidiary Tax Master Network\'s tax planning service.

Key Points: 
  • b'CINCINNATI, May 6, 2021 /PRNewswire/ -- Financial Gravity Companies Inc. (OTCQB: FGCO) announced that the corporate tax increase included in President Biden\'s $2 trillion infrastructure package, could juice even more demand for their subsidiary Tax Master Network\'s tax planning service.
  • "This bill affects every business operating as a C corporation or including a C corporation in their entity mix.
  • "\nIn April, Biden announced plans to raise the corporate tax rate from 21% to 28%.
  • Members enjoy several SAAS-based planning and client contact tools, plus a comprehensive suite of marketing, sales, and technical tax training resources.