Special

Poll: More Than Half of Black Birthers in Minnesota Feel Racial Bias and Lack of Access Leads to Greater Health Risks and Maternal Mortality

Retrieved on: 
Thursday, April 11, 2024

More than half of Black Minnesota birthers feel that discrimination based on their race/ethnicity negatively impacts their health, according to a recent survey commissioned by Blue Cross and Blue Shield of Minnesota .

Key Points: 
  • More than half of Black Minnesota birthers feel that discrimination based on their race/ethnicity negatively impacts their health, according to a recent survey commissioned by Blue Cross and Blue Shield of Minnesota .
  • Respondents who have experienced pregnancy suggest the lack of safe, affordable housing conditions, limited access to quality healthcare services and healthy food options, and inadequate health insurance coverage negatively impact their health.
  • In recent years, 9.6% of Minnesota babies were born preterm and 7.2% were low birthweight .
  • The poll indicates a demand for collective efforts to address these issues that are crucial to the well-being of Minnesota’s Black birther community.

Crown Castle Appoints Tower Industry Veteran Steven J. Moskowitz as President and Chief Executive Officer

Retrieved on: 
Wednesday, April 10, 2024

HOUSTON, April 10, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle” or the “Company”) today announced that its Board of Directors has appointed Steven J. Moskowitz as President and Chief Executive Officer, effective April 11, 2024.

Key Points: 
  • HOUSTON, April 10, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle” or the “Company”) today announced that its Board of Directors has appointed Steven J. Moskowitz as President and Chief Executive Officer, effective April 11, 2024.
  • With over 25 years of experience in the industry, Mr. Moskowitz has cultivated a reputation for effective execution and efficient growth.
  • Mr. Moskowitz held several executive leadership roles over his 12 years at American Tower Corporation, including seven years as EVP and President, of the U.S. Tower business.
  • The Crown Castle Board of Directors retained a leading global executive search firm, Russell Reynolds, to assist in the CEO search process.

Masonite Shareholders Approve Transaction with Owens Corning

Retrieved on: 
Thursday, April 25, 2024

Masonite International Corporation (NYSE: DOOR) (“Masonite”) today announced that its shareholders have voted to approve the Company’s proposed transaction with Owens Corning at its Special Meeting of Shareholders.

Key Points: 
  • Masonite International Corporation (NYSE: DOOR) (“Masonite”) today announced that its shareholders have voted to approve the Company’s proposed transaction with Owens Corning at its Special Meeting of Shareholders.
  • As previously announced, under the terms of the transaction, Masonite shareholders will receive $133.00 per share in cash in connection with the closing of the transaction.
  • Howard Heckes, President and Chief Executive Officer of Masonite, said, “We thank our shareholders for their overwhelming support of this transaction.
  • Together with Owens Corning, we will be even better positioned to continue transforming the door industry through the execution of our proven Doors That Do More™ strategy.

Anzu Partners Promotes Three Business Services Team Members to Principal

Retrieved on: 
Tuesday, April 23, 2024

Anzu Partners , an investment firm delivering capital and strategic support to breakthrough technology companies, announced the promotion of three team members to Principal across its business services teams:

Key Points: 
  • Anzu Partners , an investment firm delivering capital and strategic support to breakthrough technology companies, announced the promotion of three team members to Principal across its business services teams:
    This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20240423119701/en/
    Anzu Partners Promotes Patrick Harrington, Kyle McQuighan, and Wendy Papakostandini to Principal.
  • Wendy Papakostandini, who leads talent for Anzu and whose team placed over 100 candidates in 2023.
  • Prior to Anzu, Kyle led business development for a top 100 CPA firm Aronson’s technology, life science, venture fund, and government contracting practices.

Red River Appoints Brent Pugh as Chief Financial Officer

Retrieved on: 
Monday, April 22, 2024

Red River, a technology transformation company serving government and enterprise customers, today announced the appointment of Brent Pugh as its Chief Financial Officer.

Key Points: 
  • Red River, a technology transformation company serving government and enterprise customers, today announced the appointment of Brent Pugh as its Chief Financial Officer.
  • Mr. Pugh brings over 20 years of leadership experience in the U.S. and international aerospace and defense industry.
  • He most recently served as the Chief Financial Officer of CAE’s Defense and Security business, responsible for a $2B high technology organization with more than 6,000 employees.
  • “Brent’s track record serving the defense industrial base provides tremendous value to Red River and will have immediate benefits to our team, our customers and partner community,” said Brian Roach, CEO for Red River.

Cherry Hill Mortgage Investment Corporation Announces Exploration of Strategic Alternatives

Retrieved on: 
Monday, April 22, 2024

Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (the “Company”) today announced that its Board of Directors (the “Board”) has established a special committee of the Board (the “Special Committee”) to explore strategic alternatives to maximize stockholder value.

Key Points: 
  • Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (the “Company”) today announced that its Board of Directors (the “Board”) has established a special committee of the Board (the “Special Committee”) to explore strategic alternatives to maximize stockholder value.
  • Guggenheim Securities, LLC is serving as the financial advisor to the Special Committee.
  • There can be no assurance that the exploration of strategic alternatives will result in any transaction or other strategic outcome.
  • There is no formal timetable for the Special Committee’s completion of its exploration of strategic alternatives and the Company does not intend to disclose any developments with respect to the process until the evaluation of strategic alternatives has been completed or the Special Committee determines disclosure is appropriate or legally required.

Luna Innovations Announces Restatement of Financial Statements

Retrieved on: 
Friday, April 19, 2024

Similarly, any previously issued or filed reports, press releases, earnings releases, investor presentations or other Company communications describing the Company’s financial results or other financial information relating to the fiscal year ended December 31, 2022, should no longer be relied upon.

Key Points: 
  • Similarly, any previously issued or filed reports, press releases, earnings releases, investor presentations or other Company communications describing the Company’s financial results or other financial information relating to the fiscal year ended December 31, 2022, should no longer be relied upon.
  • As disclosed on March 12 , a Special Committee of the Company’s Board of Directors has been conducting an independent review, with the assistance of external legal and financial advisors, of certain revenue recognition matters in connection with the Company’s previously issued financial statements.
  • As the independent review remains ongoing and the full extent of this impact is still being determined, the Company cannot at this time estimate when it will file its restated financial statements.
  • The Company is working diligently on this matter and will provide updated information as appropriate.

Ferguson plc: Publication of Registration Statement, Proxy Statement, Notice of Special Meeting and U.K. Prospectus

Retrieved on: 
Thursday, April 18, 2024

On April 18, 2024, the Registration Statement was declared effective by the SEC and New TopCo filed a prospectus (the “Rule 424 Prospectus”) for such Registration Statement with the SEC.

Key Points: 
  • On April 18, 2024, the Registration Statement was declared effective by the SEC and New TopCo filed a prospectus (the “Rule 424 Prospectus”) for such Registration Statement with the SEC.
  • Beginning on April 18, 2024, the Company has mailed materials relating to the Special Meeting to its shareholders.
  • Prospectus”) in accordance with the Prospectus Regulation Rules (the “PRRs”) of the FCA.
  • No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933.

Barnes & Noble Education Announces Milestone Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students

Retrieved on: 
Tuesday, April 16, 2024

The refinanced ABL Facility will meaningfully enhance BNED’s financial flexibility and reduce its annual interest expense.

Key Points: 
  • The refinanced ABL Facility will meaningfully enhance BNED’s financial flexibility and reduce its annual interest expense.
  • Additional information regarding the Transactions can be found in the Form 8-K to be filed with the SEC.
  • Paul Hastings LLP is serving as legal advisor and Houlihan Lokey, Inc. and Berkeley Research Group, LLC are serving as financial advisors to BNED.
  • Pillsbury Winthrop Shaw Pittman LLP is serving as legal advisor and BTIG LLC is serving as financial advisor to Immersion Corporation.

iCapital® and Bain Capital Credit Partner to Expand Wealth Managers’ Access to Alternative Investments

Retrieved on: 
Friday, April 12, 2024

iCapital 1, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, today announced a partnership with Bain Capital Credit, L.P. , a leading global credit specialist, to provide financial advisors and high-net-worth investors with access to a suite of Bain Capital Credit’s private credit strategies via iCapital’s technology platform.

Key Points: 
  • iCapital 1, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, today announced a partnership with Bain Capital Credit, L.P. , a leading global credit specialist, to provide financial advisors and high-net-worth investors with access to a suite of Bain Capital Credit’s private credit strategies via iCapital’s technology platform.
  • Through this partnership, advisors gain increased operational efficiency by accessing select Bain Capital Credit products via the customized Bain Capital-branded platform powered by iCapital and on iCapital Marketplace .
  • “We are delighted to partner with Bain Capital Credit, a recognized leader in private credit investing, with the experience to help investors navigate this dynamic asset class,” said Lawrence Calcano , Chairman and CEO of iCapital.
  • “Our initial product on the iCapital platform is focused on providing wealth managers and individual investors access to our longstanding middle market private credit strategies which incepts back to 1998.”