text:
EX-99.1
6
d366942dex991.htm
PRESS RELEASE ISSUED APRIL 20, 2017
Press Release issued April 20, 2017
Exhibit 99.1
FOR IMMEDIATE RELEASE
PARKWAY COMPLETES JOINT VENTURE
OF HOUSTON GREENWAY ASSETS
HOUSTON,
TEXAS
- April 20, 2017 - Parkway, Inc. (NYSE:PKY) announced today that it completed the previously announced joint venture of Greenway Plaza and Phoenix Tower (collectively, the "Greenway Portfolio") by selling a 49.0%
interest in the properties for $512.1 million, or an implied $210 per square foot. The Greenway Portfolio is an approximately 5.0 million square foot campus consisting of 11 office properties located in the Greenway submarket of Houston,
Texas.
Parkway, Inc., through certain of its subsidiaries (collectively, "Parkway"), formed a joint venture with TH Real Estate Global Asset
Management, the real estate investment management arm of TIAA ("TH Real Estate"), Silverpeak Real Estate Partners ("Silverpeak") and Canada Pension Plan Investment Board ("CPPIB"). As part of the joint venture
transaction, Parkway retained a 51% interest in the Greenway Portfolio, a partnership between TH Real Estate and Silverpeak acquired a 24.5% interest, and CPPIB acquired a 24.5% interest. Parkway serves as the general partner and also provides
property management and leasing services for the joint venture. The joint venture assumed the existing mortgage debt secured by Phoenix Tower, which has an outstanding balance of approximately $75.9 million and matures on March 1, 2023.
Additionally, the joint venture placed a new mortgage loan from Goldman Sachs totaling $465.0 million secured by the other properties in the Greenway Portfolio, which has a fixed interest rate of 3.753% and matures on May 6, 2022. Parkway
also terminated its existing revolver and term loan credit facility and prepaid the $350.0 million outstanding balance using proceeds from the joint venture. Parkway expects to record a $7.6 million
non-cash
loss on extinguishment of debt in the second quarter of 2017 related to the termination of the credit facility.
Net proceeds to Parkway were approximately $322.4 million, $37.9 million of which is being held in lender reserves. The net proceeds amount includes
the new debt placement and the payoff of the $350.0 million term loan credit facility. Parkway's net proceeds are also net of credits to the other joint venture partners related to outstanding contractual lease obligations for tenant
improvements and rent concessions as well as certain capital expenditures for projects that are in process, all of which totaled approximately $32.8 million. Additionally, Parkway recorded an impairment loss of approximately $15.0 million in
the first quarter of 2017 related to the joint venture transaction.
Holliday Fenoglio Fowler, L.P. (HFF) arranged the recapitalization and secured
financing for the Greenway Portfolio.
5847 San Felipe Street, Suite 2200 | Houston, TX 77057
p. 832.308.6055 | www.pky.com
About Parkway
Parkway is an independent, publicly traded, self-managed real estate investment trust that owns and operates high-quality office properties located in
attractive submarkets in Houston, Texas. As of December 31, 2016, our portfolio consisted of five Class A assets comprising 19 buildings and totaling approximately 8.7 million rentable square feet in the Greenway, Galleria and
Westchase submarkets of Houston.
Contact:
Thomas
Blalock
Vice President, Finance & Capital Markets
(407)
581-2915
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release, including those that express a belief, expectation or intention, as well as those that are not statements
of historical fact, are forward-looking statements within the meaning of the federal securities laws and as such are based upon Parkway's current beliefs as to the outcome and timing of future events. There can be no assurance that actual
future developments affecting Parkway will be those anticipated by Parkway. Examples of forward-looking statements include projected capital resources, projected profitability and portfolio performance, estimates of market rental rates, projected
capital improvements, expected sources of financing, expectations as to the timing of closing of acquisitions, dispositions, or other transactions, the expected operating performance of anticipated near-term acquisitions and descriptions relating to
these expectations, including without limitation, the anticipated net operating income yield. Parkway cautions investors that any forward-looking statements presented in this press release are based on management's beliefs and assumptions made
by, and information currently available to, management. When used, the words "anticipate", "assume", "believe", "estimate", "expect", "forecast", "guidance", "intend,"
"may", "might", "plan", "potential", "should", "will", "result" or similar expressions that do not relate solely to historical matters are intended to identify forward-looking
statements. You can also identify forward-looking statements by discussions of strategy, plans or intentions. Forward-looking statements involve risks and uncertainties (some of which are beyond Parkway's control) and are subject to change
based upon various factors, including but not limited to the following risks and uncertainties: Parkway's lack of operating history as an independent company; conditions associated with Parkway's primary market, including an oversupply of
office space, customer financial difficulties and general economic conditions; that each of Parkway's properties represent a significant portion of Parkway's revenues and costs; that the
spin-off
from Cousins Properties Incorporated ("Cousins") will not qualify for
tax-free
treatment; Parkway's ability to meet mortgage debt obligations on certain of Parkway's properties; the
availability of refinancing current debt obligations; risks associated with joint ventures and potential
co-investments
with third-parties; changes in any credit rating Parkway may obtain; changes in the real
estate industry and in performance of the financial markets and interest rates and Parkway's ability to effectively hedge against interest rate changes; the actual or perceived impact of global
and economic conditions, including U.S. monetary policy; declines in commodity prices, which may negatively impact the Houston, Texas market; the concentration of Parkway's customers in the
energy sector; the demand for and market acceptance of Parkway's properties for rental purposes; Parkway's ability to enter into new leases or renewal leases on favorable terms; the potential for termination of existing leases pursuant to
customer termination rights; the amount, growth and relative inelasticity of Parkway's expenses; risks associated with the ownership and development of real property, including risks related to natural disasters and illiquidity of real estate;
termination or
non-renewal
of property management contracts; the bankruptcy or insolvency of companies for which Parkway provides property management services or the sale of these properties; the outcome of
claims and litigation involving or affecting Parkway; the ability to satisfy conditions necessary to close pending transactions and the ability to successfully integrate the assets and related operations acquired in such transactions after closing;
applicable regulatory changes; risks associated with acquisitions, including the integration of the portion of the combined business of Parkway Properties, Inc. ("Legacy Parkway") and Cousins relating to the ownership of real properties in
Houston and Legacy Parkway's
fee-based
real estate business; risks associated with the fact that Parkway's historical and predecessors' financial information may not be a reliable indicator of
Parkway's future results; risks associated with achieving expected synergies or cost savings; defaults or
non-renewal
of leases; risks associated with the potential volatility of Parkway's common
stock; Parkway's failure to maintain its status as real estate investment trust under the Internal Revenue Code of 1986, as amended; and other risks and uncertainties detailed from time to time in the Company's Securities and Exchange
Commission filings.
Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, Parkway's business,
financial condition, liquidity, cash flows and results could differ materially from those expressed in any forward-looking statement. While forward-looking statements reflect Parkway's good faith beliefs, they are not guarantees of future
performance. Any forward-looking statement speaks only as of the date on which it is made. New risks and uncertainties arise over time, and it is not possible for us to predict the occurrence of those matters or the manner in which they may affect
us. Except as required by law, Parkway undertakes no obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes.

text: PARKWAY

text: Parkway, Inc.

text: Greenway Plaza

text: Phoenix Tower

text: Parkway

text: Parkway

text:
TH Real Estate Global Asset
Management

text: Silverpeak Real Estate Partners

text: Canada Pension Plan Investment Board

text: Parkway

text: Parkway

text: Phoenix Tower

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text:
Thomas
Blalock

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway

text: Parkway


dataset: buster

text:
EX-99.1
2
tplp8k11222005ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
TANGER FACTORY OUTLET
CENTERS, INC.
News
Release
For
Release:
IMMEDIATE
RELEASE
Contact:
Frank C. Marchisello, Jr.
(336)
834-6834
Tanger Factory Outlet Centers Closes on the $282.5 Million Acquisition
of Blackstone Interest in Charter Oak Joint Venture
GREENSBORO, N.C., November 23, 2005, Tanger Factory Outlet Centers, Inc.
(NYSE: SKT), today announced it has closed on its $282.5 million acquisition
of
the remaining two-thirds interest in the Charter Oak joint venture owned
by an
affiliate of Blackstone Real Estate Advisors.
Funding sources for the acquisition included
proceeds from the September 2, 2005 sale of 3,000,000 common shares at $27.09
per share, the November 4, 2005 sale of $250 million of 6.15% senior unsecured
notes due November 15, 2015 and the November 14, 2005 issuance of 2,200,000
7.5%
Class C preferred shares at a price of $25.00 per share. Excess proceeds
from the offerings were used to prepay a $77.4 million mortgage with John
Hancock and an associated prepayment premium of $9.4 million on October 3,
2005
and to pay down amounts outstanding on the company's unsecured lines of
credit. The company currently has $150 million in committed unsecured
lines of credit with approximately $95 million in current availability.
The offerings were made under the company's shelf registration statement
previously declared effective by the Securities and Exchange Commission.
"Our team has done a tremendous job coordinating
the funding and closing of this acquisition", stated Stanley K. Tanger, Founder,
Chairman of the Board and Chief Executive Officer of Tanger. "The Charter
Oak portfolio, which we will now wholly own, has performed well under our
management for the past two years. The nine centers, totaling 3.3 million
square
feet, are located in high volume resort locations. They are an excellent
geographic fit with our existing portfolio and offer considerable opportunities
for future growth".
Compass Advisers, LLP, the New York-based
international investment banking partnership, acted as financial advisor
to
Tanger in acquiring Blackstone's interest in the Charter Oak joint venture
and
in raising the capital needed to finance the transaction.
The company believes the acquisition will be
accretive to its net income and funds from operations during the calendar
years
2006 and beyond, however the company expects the accretion generated from
the
acquisition during the fourth quarter of 2005 will be off-set by the short-term
dilutive nature of the offerings described above relative to the timing of
the
closing on the acquisition.
Based on these facts,
as
well as the impact of the non-recurring prepayment premium associated with
the
prepayment of the John Hancock mortgage, Tanger currently believes its net
income for 2005 will be between $0.29 and $0.33 per share and its FFO for
2005
will be between $1.66 and $1.70 per share. The company's earnings
estimates do not include the impact of any potential gains on the sale of
land
parcels or the impact of any sales or acquisitions of properties.
The
following table provides the reconciliation of estimated diluted FFO per
share
to estimated diluted net income per share:
For the twelve months
ended
December 31, 2005
LowRange
HighRange
Estimated diluted net
income per share, excluding
gain/loss on the sale of real
estate
$ 0.29
$
0.33
Minority interest,
depreciation and amortization uniquely
significant to real estate including minority interest
share and our share of joint
ventures
1.37
1.37
Estimated diluted FFO
per
share
$
1.66
$ 1.70
As it has historically done, the company will
be
providing earnings guidance for 2006 at the time it issues its 2005 year
end
earnings press release.
Statements in this news release that are not
strictly historical are "forward-looking" statements under the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. Although
the
Company believes that the expectations reflected in such statements are based
on
reasonable assumptions, it can give no assurance that its expectations will
be
attained. These forward-looking statements are subject to risks and
uncertainties. Actual results could differ materially from those
projected
due to various factors including, but not limited to, the risks associated
with
general economic and local real estate conditions, the availability and cost
of
capital, our ability to lease our properties, our inability to collect rent
due
to the bankruptcy or insolvency of tenants or otherwise, and competition.
For a more detailed discussion of the factors that affect our operating results,
interested parties should review the Tanger Factory Outlet Centers, Inc.
Annual
Report on Form 10-K for the fiscal year ended December 31, 2004.
Tanger Factory Outlet Centers, Inc., a fully
integrated, self-administered and self-managed publicly traded REIT, presently
operates 33 shopping centers in 22 states coast-to-coast, totaling approximately
8.7 million square feet, leased to over 2,000 stores that are operated by
over
400 different brand name companies.

label: organization

text:
TANGER FACTORY OUTLET
CENTERS, INC.

text: Tanger Factory Outlet Centers

text: Tanger Factory Outlet Centers, Inc.

text: Blackstone Real Estate Advisors

text: Tanger

text: Tanger

text: Compass Advisers, LLP

text: Tanger

text: Tanger

text: Tanger Factory Outlet Centers, Inc.

text: Tanger Factory Outlet Centers, Inc.

source_dataset: expertai/BUSTER

annotation_scope: BUSTER company-role spans plus reviewed organization, fund, person, and event additions with document-local surface projection; annotations remain non-exhaustive


text:
EX-99.1
2
cob3522841-ex991.htm
PRESS RELEASE OF THE COMPANY, DATED JANUARY 2, 2019
cob3522841-ex991.htm - Generated by SEC Publisher for SEC Filing
CONNECTONE BANCORP, INC. COMPLETES MERGER
WITH GREATER HUDSON BANK
Englewood Cliffs, N.J., January 2, 2019 - ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today reported the completion of its previously announced merger with Greater Hudson Bank (OTCQX: GHDS) ("Greater Hudson").
"Our acquisition of the commercially-focused Greater Hudson Bank is both a financially attractive transaction and a compelling expansion opportunity in a complimentary market. It allows us to better serve the Hudson Valley region by adding experienced bankers to our team and by offering a product set that rivals the largest institutions, while continuing to deliver the level of client service synonymous with our commitment to be "a better place to be", commented Frank Sorrentino, ConnectOne's Chairman and Chief Executive Officer. "This transaction enhances our desirable franchise, reflects our disciplined approach to growth, and improves our financial profile in several key areas including core deposit funding, loan diversification, and net interest margin.
In accordance with the terms of the merger agreement, Greater Hudson Bank merged with and into ConnectOne Bank, effective January 2, 2019, and each outstanding share of Greater Hudson Bank common stock was exchanged for 0.245 shares of ConnectOne common stock.
After the closing, ConnectOne's Board of Directors expanded, as agreed to in the merger agreement, to 13 members to include former Greater Hudson director Daniel Rifkin. Mr. Rifkin holds a strong accounting background, with over 20 years of experience, and currently serves as Senior Partner at Rifkin & Company, LLP.
Piper Jaffray & Co. served as financial advisor to ConnectOne and Windels Marx Lane & Mittendorf, LLP served as its legal counsel. Keefe, Bruyette & Woods, Inc., a Stifel Company, served as financial advisor to Greater Hudson and Hogan Lovells US LLP served as its legal counsel.
About ConnectOne Bancorp, Inc.
ConnectOne is a New Jersey corporation and a registered bank holding company pursuant to the Bank Holding Company Act of 1956, as amended, and serves as the holding company for the Bank. The Bank is a community-based, full-service New Jersey-chartered commercial bank that was founded in 2005. The Bank operates from its headquarters located at 301 Sylvan Avenue in the Borough of Englewood Cliffs, Bergen County, New Jersey, and through its 28 other banking offices.
For more information visit https://www.ConnectOneBank.com.
Forward-Looking Statements
This news release contains certain forward-looking statements which are based on certain assumptions and describe future plans, strategies and expectations of the Company. These forward-looking statements are generally identified by use of the words "believe", "expect", "intend", "anticipate", "estimate", "project", or similar expressions. The Company's ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse effect on the operations of the Company and its subsidiaries include, but are not limited to, those factors set forth in Item 1A - Risk Factors of the Company's Annual Report on Form 10-K, as filed with the Securities Exchange Commission, and changes in interest rates, general economic conditions, legislative/regulatory changes, monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Federal Reserve Board, the quality or composition of the loan or investment portfolios, demand for loan products, deposit flows, competition, demand for financial services in the Company's market area and accounting principles and guidelines. These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. The Company does not undertake, and specifically disclaims any obligation, to publicly release the result of any revisions which may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Investor Contact:
William S. Burns
Executive VP & CFO
201.816.4474; bburns@cnob.com
Media Contact:
Thomas Walter, MWWPR
202.600.4532; twalter@mww.com

text: CONNECTONE BANCORP, INC.

text: GREATER HUDSON BANK

text: ConnectOne Bancorp, Inc.

text: Greater Hudson Bank

text: Greater Hudson Bank

text: Greater Hudson Bank

text: Greater Hudson Bank

text: Piper Jaffray & Co.

text: Windels Marx Lane & Mittendorf, LLP

text: Keefe, Bruyette & Woods, Inc.

text: Hogan Lovells US LLP

text: ConnectOne Bancorp, Inc.


text:
EX-99.1
2
tex99_1-5691.txt
EX-99.1
EXHIBIT 99.1
Contact: Haim Tsuff
Chief Executive Officer
713-621-3882
ISRAMCO@WORDONLINE.NL
/FOR IMMEDIATE RELEASE/
John Swanson
Swanson Communications, Inc.
217-285-4967
ISRAMCO, INC. Reports Fourth Quarter and 2004 Results
HOUSTON, March 30 / -- ISRAMCO, INC. (Nasdaq: ISRL - NEWS) reported today
revenues for the fourth quarter ended December 31, 2004 of $2,038,000 compared
to revenues of $2,041,000 for the fourth quarter a year ago. The company
reported a net loss of ($270,000) or ($0.09) per share for the fourth quarter of
2004 compared to a net loss of ($1,046,000) or ($0.40) per share for the same
quarter a year earlier.
Revenues for the year ended December 31, 2004 were $8,943,000 compared to
revenues of $8,885,000 for 2003. The net loss for 2004 was ($20,000), or ($0.00)
per share compared to net income of $2,256,000 or $0.85 per share for 2003.
The loss in net income in 2004 compared to net income in 2003 is primarily
attributable to a decrease in oil and gas sales due to a decline in gas
production, a decrease in operators fee collected during 2004, a decrease in the
gain on marketable securities and an increase in deferred tax liability.
In 2004 revenues from oil and gas sales were $3,173,000 compared to $3,439,000
in 2003. Operators' fees in 2004 were $137,000 compared to $753,000 in 2003.
Gains on sales of marketable securities and equity in the net income of investee
affiliates were $1,605,000 compared to $1,970,000 in 2003. Deferred tax
liability in 2004 was $2,989,000 compared to $1,169,000 a year earlier. However,
revenues were positively affected in 2004 by leasing revenues of $2,034,000 for
the Mirage 1 Cruise Liner. In 2003 there were no such revenues.
There were 2,639,853 shares of common stock issued and outstanding in both the
2004 and 2003 periods.
The Company's income statement is summarized below:
(in thousands except for per share income)
Three months ended Year Ended
December 31 December 31
2004 2003 2004 2003
STATEMENT OF OPERATIONS
Revenues $2,038 $2,041 $8,943 $8,885
Total expenses 2,245 2,165 7,734 5,177
Net income (loss) (270) (1,046) (20) 2,256
Weighted average shares
Issued and outstanding -- -- 2,639,853 2,639,583
Earnings per Common Share (0.09) (0.40) (0.00) 0.85
CASH FLOW DATA
Net cash provided by
operating activities -- -- 1,573 1,288
Net cash provided by (used in)
Investing activities -- -- (8,195) 476
Net cash provided
By financing activities -- -- 6,277 --
BALANCE SHEET DATA
Current assets -- -- 9,260 8,209
Total Assets -- -- 41,358 32,614
Total Liabilities -- -- 10,842 2,733
Total Shareholders Equity -- -- 30,516 29,881
FORWARD-LOOKING STATEMENTS
ALL STATEMENTS CONTAINED HEREIN, AS WELL AS ORAL STATEMENTS THAT MAY BE MADE BY
THE COMPANY OR BY OFFICERS, DIRECTORS OR EMPLOYEES OF THE COMPANY ACTING ON THE
COMPANY'S BEHALF, THAT ARE NOT STATEMENTS OF HISTORICAL FACT, CONSTITUTE
"FORWARD-LOOKING STATEMENTS" AND ARE MADE PURSUANT TO THE SAFE- HARBOR
PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. SUCH
FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND
OTHER FACTORS THAT COULD CAUSE THE ACTUAL RESULTS OF THE COMPANY TO BE
MATERIALLY DIFFERENT FROM THE HISTORICAL RESULTS OR FROM ANY FUTURE RESULTS
EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. SUCH RISKS AND
UNCERTAINTIES ARE OUTLINED IN THE COMPANY'S ANNUAL REPORT ON FORM 10-K FOR 2003,
ITS QUARTERLY REPORTS ON FORM-10-Q, AND SUCH OTHER DOCUMENTS AS ARE FILED WITH
THE SECURITIES AND EXCHANGE COMMISSION FROM TIME TO TIME. THE COMPANY IS NOT
OBLIGATED TO REVISE OR UPDATE ANY FORWARD-LOOKING STATEMENTS IN ORDER TO REFLECT
EVENTS OR CIRCUMSTANCES THAT MAY ARISE AFTER THE DATE OF THIS RELEASE.

label: person

text: Haim Tsuff


text:
EX-99.1
3
v033564_ex99-1.txt
Exhibit 99.1
EXECUTE SPORTS COMPLETES ACQUISITION OF PACIFIC SPORTS GROUP, INC.
SAN DIEGO, January 19, 2006 (PRIMEZONE) -- Execute Sports, Inc. (EXCS - OTCBB)
today announced that it has acquired Pacific Sports Group, Inc., a holding
company for several action sports brands, including Academy Snowboards, Kampus
Wakeskates, Kampus Shoes, Collective Development Bindings and Collective
Development Bags and Softgoods.
Todd M. Pitcher, President of Execute sports, commented that "We are extremely
pleased with the PSG transaction, which will enable us to leverage synergies
created by the Kampus brands and our Execute watersports programs. In addition,
the Academy Snowboard brand has been making noise in the industry for the past
couple years with industry awards and a team that has won Transworld's team
challenge each of the past couple years led by Chad Otterstrom, Transworld's
rider of the year in 2005. We fully intend to support its growth through
specialty and the pro shop markets as it expands internationally. We are also
extremely excited about launching the Kampus Shoe line in 2007, which has been
critically validated as the Water Sports Product of the Year at Europe's ISPO
trade show. The PSG brands are an important addition to Execute's portfolio and
its objective to become a leading action sports company".
"The acquisition of PSG by Execute is great for our brands, as well as our team
riders", stated Duane Pacha, PSG's co-founder, "in that it will provide us with
the financial support to get our products into the market in a larger scale and
with greater efficiency. It also gives us a much greater opportunity to get
behind our riders and support their efforts".
About Execute Sports, Inc.
Based in San Clemente, California, Execute Sports, Inc. develops performance
products including wetsuits, vests, rash guards, snowboards, wake skates,
bindings, bags and apparel for the action sports industry. The Company's brands
include Execute Wetsuits, Academy Snowboards, Kampus Wakeskates and Kampus
Shoes, Execute Moto Graphics, Collective Development Bindings and Collective
Development Bags. In addition, Execute has an exclusive worldwide license to
design, produce and distribute EagleRider apparel through EagleRider's 35
franchises and through the Company's eCommerce site, www.eagleridergear.com. For
more information, go to www.executesports.com.
Contacts:
Execute Sports Investor Relations
Todd M. Pitcher John Bevilacqua
858-518-1387 604-893-7094
Source:
Execute Sports, Inc.

text: EXECUTE SPORTS

text: PACIFIC SPORTS GROUP, INC.

text: Execute Sports, Inc.

text: Pacific Sports Group, Inc.

text: Todd M. Pitcher

text: Execute sports

text: Execute

label: event

text:
ISPO
trade show

text: Execute

text: Execute

text: Execute Sports, Inc.

text: Execute Sports, Inc.

text: Execute

text: Execute

text: Execute

text: Execute Sports

text: Todd M. Pitcher

text: Execute Sports, Inc.


text:
EX-99.1
3
a06-15026_1ex99d1.htm
EX-99
Exhibit 99.1
Bruker BioSciences Announces Closing of Acquisition of
Bruker Optics
BILLERICA, Mass. - July 5, 2006 - Bruker BioSciences
Corporation (NASDAQ: BRKR) announces today that on July 1st
, 2006 it closed the
acquisition of molecular spectroscopy company Bruker Optics Inc. for $135
million, payable approximately 59% in cash and 41% in BRKR stock. Approximately
11.4 million new Bruker BioSciences shares were issued for the stock component
of the purchase consideration. The number of Bruker BioSciences shares issued
was determined by dividing the value of the stock consideration, $55.8 million,
by $4.91, the trailing average of BRKR closing prices per share, as reported in
The Wall Street Journal, for the period of ten (10) consecutive trading
days ending three (3) days prior to the closing date.
ABOUT
BRUKER BIOSCIENCES (NASDAQ: BRKR)
Bruker BioSciences
Corporation in Billerica, Massachusetts is the parent company of Bruker AXS
Inc., Bruker Daltonics Inc. and Bruker Optics, Inc. Bruker AXS is a
leading developer and provider of life science, materials research and
industrial X-ray analysis tools. Bruker Daltonics is a leading developer and
provider of innovative life science tools based on mass spectrometry, and also
offers a broad line of nuclear, biological and chemical (NBC) detection
products for homeland security. Bruker Optics is a leading developer,
manufacturer and provider of research, analytical and process analysis
instruments and solutions based on infrared and Raman molecular spectroscopy
technology. For more information, please visit
www.bruker-biosciences.com
CAUTIONARY
STATEMENT OF BRUKER BIOSCIENCES
Any statements contained in
this press release that do not describe historical facts may constitute
forward-looking statements as that term is defined in the Private Securities
Litigation Reform Act of 1995. Any forward-looking statements contained herein
are based on current expectations, but are subject to a number of risks and
uncertainties. The factors that could cause actual future results to differ
materially from current expectations include, but are not limited to, risks and
uncertainties relating to the Company's reorganization strategies, integration
risks, failure of conditions, technological approaches, product development,
market acceptance, cost and pricing of the Company's products, changes in
governmental regulations, capital spending and government funding policies, FDA
and other regulatory approvals to the extent applicable, competition, the
intellectual property of others, patent protection and litigation. These and
other factors are identified and described in more detail in our filings with
the SEC, including, without limitation, our respective annual reports on Form 10-K,
our most recent quarterly reports on Form 10-Q, and our current
reports on Form 8-K.
We disclaim any intent or obligation to
update these forward-looking statements.
FOR FURTHER INFORMATION:
Michael Willett, Investor Relations Officer
Tel: (978) 663-3660, ext. 1411
Email: ir@bruker-biosciences.com

text: Bruker BioSciences

text: Bruker Optics

text:
Bruker BioSciences
Corporation

text: Bruker Optics Inc.

text: Bruker BioSciences

text: Bruker BioSciences

text: BRUKER BIOSCIENCES

text:
Bruker BioSciences
Corporation

text: Bruker Optics

text: Bruker Optics

text: BRUKER BIOSCIENCES


text:
EX-99.1
2
a07-26675_1ex99d1.htm
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
Contact:
David E. Gable
Senior Vice President and Chief Financial Officer
davidgable@kemet.com
864-963-6484
KEMET Announces Closing of Transaction to Acquire Arcotronics
Greenville,
South Carolina (October 12, 2007) - KEMET Corporation (NYSE:KEM) today
announced that it has completed its acquisition of Arcotronics Italia S.p.A.,
from Blue Skye (Lux) S.à r.l. The acquisition includes seven manufacturing
facilities in Sasso Marconi, Monghidoro, and Vergato, Italy; Landsberg,
Germany; Towchester, United Kingdom; Kyustendil, Bulgaria; and Anting-Shanghai,
China.
"Arcotronics
is a well-known brand in our industry and brings revenue in excess of $200
million to our company. The addition of the Arcotronics Group to our KEMET
family represents a significant strategic milestone for us as we advance toward
our goal of becoming
The Capacitance
Company,
" said KEMET CEO Per-Olof Loof. "The combination will create
a stronger global business and will give KEMET the clear market leadership
position for film and paper capacitors in Europe. It also expands our current
product portfolio, broadens our technologies, and allows us to better serve new
and existing customers. It will also allow us to achieve a more balanced
portfolio, increasing our focus on OEM customers with a particular emphasis in
the industrial segment".
"Now
that the purchase is complete, we will move quickly to capitalize on the
synergies inherent in the combination, while delivering world-class products
and services to our new and existing customers as seamlessly as possible,"
added Mr. Loof. "We are gaining a great deal of fine talent and expertise as
part of this acquisition, and we are delighted to welcome the Arcotronics
employees to the KEMET team".
KEMET
paid €17.5 million for 100% of the outstanding share capital of Arcotronics,
assumed net financial debt of approximately €100 million, and certain other
liabilities of the company totaling approximately €32 million.
KEMET
will provide additional information and an update on the integration during its
October 24, 2007, earnings conference call.
KEMET Corporation applies world-class service and quality to
deliver industry-leading, high-performance capacitance solutions to its
customers around the world. KEMET offers the world's most complete line of
surface-mount and through-hole capacitor technologies across tantalum, ceramic,
aluminum, film and paper dielectrics. KEMET's common stock is listed on The New
York Stock Exchange under the symbol KEM. Additional information can be found
at http://www.kemet.com
.

text: KEMET

text: Arcotronics

text: KEMET Corporation

text: Arcotronics Italia S.p.A.

text: Blue Skye (Lux) S.à r.l.

text: Arcotronics

text: Arcotronics

text: KEMET

text: KEMET

text: KEMET

text: Arcotronics

text: KEMET

text: KEMET

text: Arcotronics

text: KEMET

text: KEMET Corporation

text: KEMET

text: KEMET


text:
EX-99
2
mm03-1008_8ke991.txt
EXHIBIT 99.1
L-1 IDENTITY SOLUTIONS CLOSES ACQUISITION OF BIOSCRYPT
ADDS ENTERPRISE PHYSICAL AND LOGICAL ACCESS CONTROL TO L-1 SOLUTION PORTFOLIO
STAMFORD, Conn., Mar 05, 2008 (BUSINESS WIRE) -- L-1 Identity Solutions, Inc.
(NYSE: ID), a leading provider of identity solutions and services, today closed
the acquisition of Bioscrypt Inc. in a stock-for-stock transaction. Bioscrypt,
now a wholly-owned subsidiary of L-1 Identity Solutions Operating Company, adds
a new market opportunity for L-1 in the area of enterprise physical and logical
access control.
Based on the purchase price formula agreed to by the parties and approved by
Bioscrypt's security holders, L-1 will issue approximately 2.6 million shares,
of which 2.5 million were issued at closing, in exchange for 100 percent of
Bioscrypt's outstanding shares.
Bioscrypt is expected to add $20.0 million in revenue and be Adjusted EBITDA
neutral in 2008. It is expected to be Adjusted EBITDA accretive in 2009.
Bioscrypt has over 400 global customers and an installed base of over 260,000
access control units. In addition, Bioscrypt's VeriSoft software application is
now included on more than 20 million HP computers and its 3D facial recognition
from the A 4 Vision Inc. acquisition is used by the largest casino in the world
to provide access control for over 12,000 employees.
About L-1 Identity Solutions
L-1 Identity Solutions, Inc. (NYSE: ID), together with its portfolio of
companies, offers a comprehensive set of products and solutions for protecting
and securing personal identities and assets. Leveraging the industry's most
advanced multi-modal biometric platform for finger, face and iris recognition,
our solutions provide a circle of trust around all aspects of an identity and
the credentials assigned to it -- including proofing, enrollment, issuance and
usage. With the trust and confidence in individual identities provided by L-1
Identity Solutions, government entities, law enforcement and border management
agencies, and commercial enterprises can better guard the public against global
terrorism, crime and identity theft fostered by fraudulent identity. L-1
Identity Solutions is headquartered in Stamford, CT. For more information, visit
www.L1ID.com.
ID-L
Forward Looking Statements
This news release contains forward-looking statements that involve risks and
uncertainties. Forward-looking statements in this press release and those made
from time to time by L-1 Identity Solutions through its senior management are
made pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements reflect the Company's current
expectations based on management's beliefs and assumptions and information
currently available and actual results could differ materially from these
expectations. Certain factors that could cause or contribute to such differences
include, among other things, the availability of Government funding for Company
technology, products and services, general economic and political conditions and
the unpredictable nature of working with Government customers. Additional risks
and uncertainties are described in the Securities and Exchange Commission
filings of the L-1 Identity Solutions, including the Company's Annual Report on
Form 10-K for the year ended December 31, 2007. L-1 Identity Solutions expressly
disclaims any intention or obligation to update any forward-looking statements.
SOURCE: L-1 Identity Solutions, Inc.
L-1 Identity Solutions
Doni Fordyce, 203-504-1109
dfordyce@L1ID.com
Copyright Business Wire 2008
News Provided by COMTEX

text: L-1 IDENTITY SOLUTIONS

text: BIOSCRYPT

text: L-1 Identity Solutions, Inc.

text: Bioscrypt Inc.

text: Bioscrypt

text: L-1 Identity Solutions

text: Bioscrypt

text: Bioscrypt

text: Bioscrypt

text: Bioscrypt

text: Bioscrypt

text: L-1 Identity Solutions

text: L-1 Identity Solutions, Inc.

text:
L-1
Identity Solutions

text:
L-1
Identity Solutions

text: L-1 Identity Solutions

text: L-1 Identity Solutions

text: L-1 Identity Solutions

text: L-1 Identity Solutions, Inc.

text: L-1 Identity Solutions


text:
EX-99.1
2
newsrelease.htm
NEWS RELEASE
CC Filed by Filing Services Canada Inc. 403-717-3898
VAULT AMERICA, INC.
PRESS RELEASE
FOR RELEASE ON November 5, 2008
Trading Symbol: VAMA (OTCBB)
Company Consolidates Operations
Calgary, Alberta
- November 5, 2008 - VAULT AMERICA, INC.; (NASDAQ: OTC.BB - Symbol: VAMA) - Hal Schultz, President of Vault America, Inc. ("Vault"), reports that the Company has completed the sale of its ATM assets operated by its wholly-owned subsidiary, Security Bancorp Inc. Assuming standard business conditions and practices within the industry, the company will realize $1.2 million as net proceeds from the sale. Citing limited internal growth of the Security Bancorp ATM division of the company over the last few years of operations as the driving factor in the decision to sell these underperforming assets, Schultz states that the proceeds of the sale will be applied toward areas of internal business development as well as the examination of additional business opportunities designed to grow the company and add shareholder value.
"We believe this represents a very positive step forward for the company", said Schultz. "In connection with the sale of these assets, the company has also significantly reduced its ongoing operational expenses and will be in a much enhanced and far more efficient position to consider its next phase of corporate development and growth".
Cautionary Statement: This news release may include certain "Forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act, as amended. All statements, other than statements of historical fact, included in this release are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. All forward-looking statements in this release are expressly qualified by this notice.
Contact:
Vault America, Inc.
(403) 319-0236
Please review and call.

text: VAULT AMERICA, INC.

text: VAULT AMERICA, INC.

text: Hal Schultz

text: Vault America, Inc.

text: ATM assets

text: Vault America, Inc.


text:
EX-99.4
8
exhibit99-4.htm
PRESS RELEASE DATED JULY 14, 2009
Filed by sedaredgar.com - Keewatin Windpower Corp. - Exhibit 99.4
News Release
July 14, 2009
Trading Symbol: KWPW:OTCBB
KEEWATIN ANNOUNCES CLOSING OF
ACQUISITION OF SKY HARVEST WINDPOWER CORP.
On July 13, 2009 Keewatin Windpower Corp. ("Keewatin")
completed the acquisition of all of the issued and outstanding shares of Sky
Harvest Windpower Corp ("Sky Harvest"). Sky Harvest is a private company
incorporated under the laws of Canada in the business of wind power generation.
Closing of the acquisition (the "Transaction") was completed in accordance with
the terms and conditions of the Share Exchange Agreement between Keewatin,
Keewatin Windpower Inc., a wholly owned subsidiary of Keewatin ("ExchangeCo"),
Sky Harvest and all of the shareholders of Sky Harvest dated for reference May
11, 2009.
"We are pleased to have closed the Sky Harvest acquisition,
which marks an important milestone for our business. This transaction will bring
a near-term project with well-advanced engineering and environmental assessment.
Working with Genivar Consultants and Golder Associates since 2006, we believe
Sky Harvest is well prepared to respond to proposals from the Saskatchewan
provincial utility. We also believe that the acquisition of Sky Harvest will
lead to further opportunities for development, growth, and increased shareholder
value", said Chris Craddock, CEO of Keewatin.
Pursuant to the terms of the Share Exchange Agreement, each
shareholder of Sky Harvest received 1.5 shares in the capital of Keewatin for
each 1 common share of Sky Harvest they held prior to closing. In exchange for
all of the issued and outstanding shares of Sky Harvest, on July 13, 2009
Keewatin issued a total of:
(i)
220,500 shares of its common stock to Sky Harvest
Shareholders resident in the U.S. pursuant to Rule 506 of Regulation D of
the Securities Act of 1933 (the "1933 Act"), each of whom represented that
they were an "accredited investor" as such term is defined in Regulation
D;
(ii)
720,000 shares of its common stock to Sky Harvest
shareholders pursuant to Regulation S of the 1933 Act, each of whom
represented that they were not a "U.S. person" as such term is defined in
Regulation S of the 1933 Act; and
(iii)
16,400,016 exchangeable shares of its subsidiary
ExchangeCo, each of which is exchangeable into one share of Keewatin in
accordance with the terms and conditions of the Share Exchange Agreement,
the Voting and Exchange Trust Agreement and the Exchangeable Share Support
Agreement entered into concurrently with the closing of the Transaction.
The exchangeable shares were issued to Sky Harvest shareholders in order
to minimize any adverse tax consequences for Canadian shareholders of Sky
Harvest.
In connection with the Transaction, Keewatin received a
fairness opinion prepared by an independent valuator. Following closing of the
Transaction, Keewatin has 13,332,000 shares of common stock issued and
outstanding and 16,400,016 shares of its common stock reserved for issuance upon
conversion of the exchangeable shares. Current directors and officers of
Keewatin received an aggregate of 9,166,500 exchangeable shares in connection
with the transaction. The current directors of Keewatin are also directors,
officers and shareholders of Sky Harvest.
Safe Harbor for Forward-Looking Statements:
Except for statements of historical fact, the information
presented herein constitutes forward-looking statements Forward-looking
statements may include financial and other projections, as well as statements
regarding the Company's future plans, objectives or economic performance, or the
assumptions underlying any of the foregoing. The Company uses words such as
"may", "would", "could", "will", "likely", "expect", "anticipate", "believe",
"intend", "plan", "forecast", "project", "estimate" and similar expressions to
identify forward-looking statements. Any such forward-looking statements are
based on assumptions and analyses made by the Company in light of its experience
and its perception of historical trends, current conditions and expected future
developments, as well as other factors we believe are appropriate in the
circumstances. However, whether actual results and developments will conform
with the Company's expectations and predictions is subject to a number of risks,
assumptions and uncertainties. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the company to be materially different
from those indicated.
Factors which may delay or prevent these forward looking
statements from being realized include misinterpretation of data; that we may
not be able to keep our qualified personnel; that funds expected to be received
may not be; that our estimates of environmental impacts are inaccurate; that we
may not be able to get equipment or labor as we need it; that we may not be able
to raise sufficient funds to complete our intended windfarm business, and that
weather, logistical problems or hazards may prevent us from continuing the
development of our windfarm business. Readers should refer to the risk
disclosures outlined in the Company's periodic reports filed from time to time
with the United States Securities and Exchange Commission on EDGAR at
www.sec.gov and with the British Columbia Securities Commission at
www.sedar.com
.
ON BEHALF OF THE BOARD OF
Investor Relations 1 877 700 7021
KEEWATIN WINDPOWER CORP.
toll free
Chris Craddock, President
For information on Sky Harvest Windpower see
www.skyharvestwind.com

text: Keewatin Windpower Corp.

text: KEEWATIN

text: SKY HARVEST WINDPOWER CORP

text: Keewatin Windpower Corp.

text: Keewatin

text:
Sky
Harvest Windpower Corp

text: Keewatin

text: Keewatin

text: Chris Craddock

text: Keewatin

text: Keewatin

text: Keewatin

text: Keewatin

text: Keewatin

text: Keewatin

text: Keewatin

text: Keewatin

text: KEEWATIN WINDPOWER CORP.

text: Chris Craddock


text:
EX-99.1
4
f8k050914ex99i_profitplan.htm
PRESS RELEASE
f8k050914ex99i_profitplan.htm
Exhibit 99.1
Profit Planners Management Sells Organic Innovations Subsidiary's Assets
NEW YORK, NY-- (May 12, 2014) -
Profit Planners Management, Inc.
(OTCQB: PPMT) is pleased to announce that it has completed the sale of assets of its Organic Innovations subsidiary to a newly formed Nevada corporation named Organic Innovations, Inc. ("Organic Innovations NV") pursuant to the terms of the Asset Purchase Agreement between the parties dated as of May 7, 2014.
Under the terms of the agreement, the assets sold by the Company included, but was not limited to: all intellectual property held by the Organic Innovations subsidiary relating to its business including the Organicallycrafted.com and Goldenagemedical.com domain names and websites, all related customer lists and referral sources, all material contracts entered into by the Organic Innovations subsidiary, all tangible personal property of the subsidiary, and all intangible rights and property of the subsidiary including goodwill and going concern value. "We accomplished what we planned" said Wesley Ramjeet, PPMT's CEO. "Our intent was to incubate the Organic Innovations and create value for our shareholders" added Wesley.
Under the terms of the agreement, PPMT sold assets of our Organic Innovations subsidiary to Organic Innovations NV for an aggregate purchase price of $115,000.00. The purchase price will be paid in cash, a promissory note and the assumption of debt.
####
About Profit Planners Management, Inc.
Profit Planners Management, Inc. (OTCQB: PPMT) is a publicly traded company that provides management, financial, marketing and other professional services and business solutions. Members of our team have both public accounting and industry experience, and many of them have successfully started and operated their own companies. This expertise allows our team to understand and then implement what a company needs to achieve its business goals. For more information, visit:
www.profitplannersmgt.com
Organic Innovations, Inc.
Organic Innovation Inc. is a privately held Nevada corporation owned and controlled by a group of investors all of whom are independent of the Officers, Directors and controlling shareholder of the Company
Contact:
J. Bellitto
Profit Planners Management, Inc.
Phone: 212-402-5200
E-mail:
jbellitto@profitplannersmgt.com

text: Profit Planners Management

text: Organic Innovations

text: Profit Planners Management, Inc.

text: PPMT

text: Organic Innovations

text: Organic Innovations, Inc.

text: Organic Innovations

text: Organic Innovations

text: Organic Innovations

text: PPMT

text: Organic Innovations

text: PPMT

text: Organic Innovations

text: Organic Innovations

text: Profit Planners Management, Inc.

text: Profit Planners Management, Inc.

text: PPMT

text: Organic Innovations, Inc.

text: Profit Planners Management, Inc.


text:
EX-99.1
2
s109420_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
NEWS
One
Horizon Completes Acquisition of C-Rod Companies
LONDON,
March 21, 2018 - One Horizon Group, Inc. (NASDAQ: OHGI)
today announced that it has
completed the acquisition of C-Rod, Inc., along with its record label and media content division (collectively, the "C-Rod
Companies"). The C-Rod Companies will continue business operations as "Love Media House", a wholly-owned subsidiary
of One Horizon Group.
C-Rod,
Inc., a premier music production company founded in 2002, by multi-platinum producer and composer Christopher Rodriguez, regularly
works with A-list, superstar artists, and its music productions and remixes are consistently at the
top of the Billboard charts. The record label has signed multiple up-and-coming music artists to its roster and the media content
division has produced acclaimed, top-charting music videos and works with artists and corporations in the areas of strategic branding,
content development, social media marketing and digital distribution.
"There
is incredible synergy between the C-Rod Companies and 123Wish, our
subscription-based,
experience mobile application that focuses on providing users with exclusive opportunities to enjoy personalized, dream experiences
with famous music artists, celebrities and social media influencers", said Mark White,
One Horizon Group's Founder and CEO. "We plan to launch experiences with some of the world's most recognizable
celebrities and innovative brands in the coming weeks, and Love Media House will be creating and distributing original content;
the interest has been outstanding and we are grateful for the support of our investors and business of our customers".
"We
are excited to offer our artists the opportunity to participate in experiences and give to their favorite charities through the
123Wish marketplace", said Christopher Rodriguez, C-Rod's Founder and Co-CEO. "The support of One Horizon's
management team has been tremendous and our business is poised to grow even more quickly given the deal flow possibilities with
123Wish."
"Since
entering into the Exchange Agreement with C-Rod last month, I am pleased to report that the revenue achieved to date has met management
expectations", added Mark White. "Having met our funding commitments regarding the acquisitions and with the integration
process well underway, we are confident that One Horizon will achieve near-term profitability and drive greater value to our shareholders".
About
One Horizon Group, Inc.
One
Horizon Group, Inc. (NASDAQ: OHGI) is a media and digital technology acquisition company, which holds a majority interest in 123Wish,
a subscription-based,
experience marketplace, and an Asia-based secure messaging business. For
more information, please visit http://www.onehorizoninc.com
Darrow
Associates Contacts for OHGI
Bernie
Kilkelly
(516)
236-7007
bkilkelly@darrowir.com
Jordan
Darrow
(512)
551-9296
jdarrow@darrowir.com

text:
One
Horizon

text: C-Rod Companies

text: One Horizon Group, Inc.

text: C-Rod, Inc.

text:
C-Rod
Companies

text: C-Rod Companies

text:
C-Rod,
Inc.

text: C-Rod Companies

text: One Horizon

text: One Horizon

text: One Horizon Group, Inc.

text:
One
Horizon Group, Inc.


text:
EX-99.1
2
a52398871ex99_1.htm
EXHIBIT 99.1
Exhibit 99.1
Ready Capital Corporation and Anworth Mortgage Asset Corporation Announce Completion of Merger
NEW YORK--(BUSINESS WIRE)--March 19, 2021--Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") and Anworth Mortgage Asset Corporation (NYSE: ANH) ("Anworth") jointly announced today that they have completed the previously
announced merger pursuant to the terms of the Agreement and Plan of Merger, dated as of December 6, 2020, by and among Ready Capital, Anworth and RC Merger Subsidiary, LLC, a Delaware limited liability company and a wholly owned subsidiary of
Ready Capital (the "Merger Agreement"). As of the closing of trading on March 19, 2021, Anworth ceased to be publicly traded and its common stock and preferred stock was suspended from trading on the NYSE. The combined company will conduct
business under the name "Ready Capital Corporation" and will continue to trade on the New York Stock Exchange under the ticker symbol "RC".
Each outstanding share of common stock, par value $0.01 per share, of Anworth ("Anworth Common Stock") (other than shares held by Ready Capital or Merger Sub or by any wholly owned subsidiary of Ready Capital, Merger Sub or Anworth, which
were automatically cancelled and retired and ceased to exist) was converted into the right to receive from Ready Capital (i) 0.1688 newly issued shares of common stock, par value $0.0001 per share, of Ready Capital (the "Ready Capital Common
Stock") plus (ii) $0.61 in cash. No fractional shares of Ready Capital Common Stock were issued in the merger, and the value of any fractional interests to which a former holder of Anworth Common Stock is otherwise entitled will be paid in
cash.
Additionally, at the effective time of the merger, (i) each outstanding share of 8.625% Series A Cumulative Preferred Stock, par value $0.01 per share, of Anworth was converted into the right to receive one newly issued share of newly
designated 8.625% Series B Cumulative Preferred Stock, par value $0.0001 per share, of Ready Capital, (ii) each outstanding share of 6.25% Series B Cumulative Convertible Preferred Stock, par value $0.01 per share, of Anworth was converted into
the right to receive one newly issued share of newly designated 6.25% Series C Cumulative Convertible Preferred Stock, par value $0.0001 per share, of Ready Capital, and (iii) each outstanding share of 7.625% Series C Cumulative Redeemable
Preferred Stock, par value $0.01 per share, of Anworth was converted into the right to receive one newly issued share of newly designated 7.625% Series D Cumulative Redeemable Preferred Stock, par value $0.0001 per share, of Ready Capital.
Pursuant to the Merger Agreement, the size of Ready Capital's board of directors was increased by one member upon the closing of the merger, and Dominique Mielle, an independent director of Anworth, was appointed to Ready Capital's board of
directors.
"The closing of the merger with Anworth will better position us to continue to grow and improve operating and cost efficiencies to establish Ready Capital as an industry-leading mortgage REIT with a diversified platform", said Thomas Capasse,
Chairman and Chief Executive Officer of Ready Capital.
Forward-Looking Statements
This press release includes "forward-looking statements", as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended
to be covered by the safe harbor provided by the same. These forward-looking statements are based on current assumptions, expectations and beliefs of Ready Capital and are subject to a number of trends and uncertainties that could cause actual
results to differ materially from those described in the forward-looking statements. Ready Capital cannot give any assurance that these forward-looking statements will be accurate. These forward-looking statements generally can be identified by
phrases such as "will", "expects", "anticipates", "foresees", "forecasts", "estimates" or other words or phrases of similar import. It is uncertain whether any of the events anticipated by the forward-looking statements will transpire or occur,
or if any of them do, what impact they will have on the results of operations and financial condition of the combined company. There are a number of risks and uncertainties, many of which are beyond the parties' control, that could cause actual
results to differ materially from the forward-looking statements included herein, including, but not limited to: risks related to disruption of management's attention from ongoing business operations due to the merger; the risk that the merger
could have an adverse effect on the operating results and business of the combined companies generally; the outcome of any legal proceedings relating to the merger; the impact of the COVID-19 pandemic on the business and operations, financial
condition, results of operations, and liquidity and capital resources of Ready Capital; conditions in the market for mortgage-related investments; changes in interest rates; changes in the yield curve; changes in prepayment rates; the
availability and terms of financing; market conditions; general economic conditions; the ability to retain key personnel; and legislative and regulatory changes that could adversely affect the business of Ready Capital. All such factors are
difficult to predict, including those risks set forth in Ready Capital's Joint Proxy Statement/Prospectus filed with the SEC on February 9, 2021 and Ready Capital's and Anworth's annual reports on Form 10-K, quarterly reports on Form 10-Q, and
current reports on Form 8-K that are available on the SEC's website at http://www.sec.gov. The forward-looking statements included in this press release are made only as of the date hereof. Readers are cautioned not to place undue reliance on
these forward-looking statements that speak only as of the date hereof. Ready Capital undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law.
About Ready Capital Corporation
Ready Capital Corporation (NYSE: RC) is a multi-strategy real estate finance company that originates, acquires, finances and services small to medium balance commercial loans. Ready Capital specializes in loans backed by commercial real
estate, including agency multifamily, investor and bridge as well as SBA 7(a) business loans. Headquartered in New York, New York, Ready Capital employs over 500 lending professionals nationwide. The company is externally managed and advised by
Waterfall Asset Management, LLC.
Advisors
Alston & Bird LLP acted as legal advisor and Wells Fargo Securities, LLC acted as financial advisor to Ready Capital. Greenberg Traurig, LLP acted as legal advisor and Credit Suisse Securities (USA) LLC acted as financial advisor to
Anworth.
Contacts
Investor Relations
Ready Capital Corporation
212-257-4666
InvestorRelations@readycapital.com

text: Ready Capital Corporation

override: organization

text: Anworth Mortgage Asset Corporation

text: Ready Capital Corporation

text: Anworth Mortgage Asset Corporation

text: Anworth

text: Anworth

text: Anworth

text: Ready Capital Corporation

text: Anworth

text: Anworth

text: Anworth

text: Anworth

text: Anworth

text: Anworth

text: Anworth

text: Anworth

text: Anworth

text: Thomas Capasse

text: Anworth

text: Ready Capital Corporation

text: Ready Capital Corporation

label: fund

text: Waterfall Asset Management, LLC

override: fund

text: Alston & Bird LLP

text: Wells Fargo Securities, LLC

text: Greenberg Traurig, LLP

text: Credit Suisse Securities (USA) LLC

text: Anworth

text: Ready Capital Corporation


text:
EX-99.1
4
ex99-1.htm
AMIH
Subsidiary, Legend Nutrition, Inc., Executes Asset Purchase Agreement to Acquire Assets of Nutritional Supplement Retail Store
ADDISON,
TX, November 12, 2019 -
American International
Holdings Corp. (OTC: AMIH, or the "Company") is pleased to announce that its newly formed subsidiary, Legend Nutrition,
Inc. ("Legend") has entered into an asset purchase agreement (the "Asset Purchase Agreement") to acquire
all of the assets associated with and related to a retail vitamin, supplements and nutrition store located in Mckinney, TX currently
identified and doing business as "Ideal Nutrition".
Pursuant
to the Asset Purchase Agreement, Legend purchased a variety of assets including software, contracts, bank and merchant accounts,
products, inventory, computers, security systems and other intellectual properties (the "Assets") in exchange for
a promissory note in the amount of Seventy-Five Thousand US Dollars ($75,000) bearing an interest rate of five percent (5%) per
annum and with a maturity date of one year. Legend is continuing to operate the business as Ideal Nutrition and intends to officially
rebrand as Legend Nutrition in the upcoming months.
Concurrent
with the execution of the Asset Purchase Agreement, Legend entered into an Employment Agreement with Michael Ladner and has appointed
Mr. Ladner to serve as Legend's Chief Executive Officer.
"We
are extremely excited to have appointed Michael Ladner as the CEO of Legend Nutrition, Inc. and to establish our first branded
Legend Nutrition retail store by means of this asset purchase agreement", comments Jacob Cohen, the Company's President
and CEO. "Michael has a proven track record of working in the retail nutritional supplement industry where he was instrumental
in the management, success and profitability of multiple unit supplement stores located across and throughout the United States",
further comments Mr. Cohen.
About
Michael Ladner
Mr.
Ladner started his career as a professional athlete as a two-time International Powerlifting Federation (IPF) power lifter and
football player after his graduation from University of North Texas. His experience as an athlete transcended him to a knowledge
of the health, wellness, and nutritional industry where he strived and succeeded for over 10 years. Starting from the very bottom
as a retail salesman for a local family owned store, Mr. Ladner quickly worked his way up to become the regional director of a
large corporate supplement company where he oversaw the growth and development of over 35 retail stores with more than 200 employees.
Michael brings to Legend his unique management, sales, training and operational experiences with a vision to establish additional
Legend Nutrition stores across the United States and developing a proprietary, branded nutritional supplement line.
About
The Company
American
International Holdings Corp (OTC:AMIH) is a diversified holding company dedicated to acquiring, managing and operating health,
wellness, beauty, and lifestyle companies, businesses and/or brands located both in the United States and abroad. The Company
seeks opportunities to acquire and grow businesses that possess strong brand values and that can generate long-term sustainable
free cash flow and attractive returns in order to maximize value for the Company and its stakeholders.
Legal
Disclaimer
This
press release may contain forward-looking statements including words such as "may", "can", "could,"
"should", "predict", "aim", "potential", "continue", "opportunity,"
"intend", "goal", "estimate", "expect", "expectations", "project,"
"projections", "plans", "anticipates", "believe", "think", "confident,"
"scheduled", or similar expressions, as well as information about management's view of American International
Holding Corp's future expectations, plans and prospects. These statements involve known and unknown risks, uncertainties
and other factors which may cause the results of American International Holding Corp, its divisions and concepts to be materially
different than those expressed or implied in such statements. These risk factors and others are included from time to time in
documents American International Holding Corp files with the Securities and Exchange Commission, including, but not limited to,
its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on American
International Holding Corp's future results. American International Holding Corp cannot guarantee future results, levels
of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements.
Such forward-looking statements should not be relied upon as indicative of current value or as a guarantee of future results,
herein, and shall not be relied upon as a promise or representation.
Further,
the Company shall not be responsible for statements made on Novopelle's website at www.Novopelle.com.
In
this release, we may rely on and refer to information regarding our industry and the market for our products in general from market
research reports, analyst reports and other publicly available information. Although we believe that this information is reliable,
we cannot guarantee the accuracy and completeness of this information, and we have not independently verified any of it. Some
data is also based on our good faith estimates.
SOURCE:
American International Holdings Corp.
Contact
information at:
info@amihcorp.com

text: Legend Nutrition, Inc.

text:
American International
Holdings Corp

text:
Legend Nutrition,
Inc.

text: Legend

text: Ideal Nutrition

text: Legend

text: Legend

text: Ideal Nutrition

text: Legend

text: Legend

text: Legend Nutrition, Inc.

text: Jacob Cohen

text: Legend

text:
American
International Holdings Corp

text: American International Holdings Corp


text:
EX-99.1
2
a13-23182_2ex99d1.htm
EX-99.1
Exhibit 99.1
Media Contact for SFX
DKC Public Relations
Ed Tagliaferri 212 981 5182
edmund_tagliaferri@dkcnews.com
SFX ENTERTAINMENT ACQUIRES MADE EVENT, CREATORS OF ELECTRIC ZOO FESTIVAL
NEW YORK - (November 4, 2013) - SFX Entertainment, Inc. (NASDAQ: SFXE),
the world's largest producer of live events and entertainment content focused primarily on electronic music culture (EMC), announced today that it has acquired Made Event, the premiere electronic music production company and creators of the Electric Zoo Festival.
"The acquisition of Made is strategically important for SFX, as it establishes a strong foothold for us in the New York City region", said SFX Chairman and CEO Robert F.X. Sillerman. "Co-founders Mike Bindra and Laura De Palma are the ultimate industry professionals, and our management team will benefit greatly from their years of experience. We plan to develop the Electric Zoo brand internationally and have the opportunity to build other SFX brands in the U.S. with the support of Mike, Laura and the team at Made." SFX acquired all of Made in the transaction, after previously agreeing to acquire 70% of the company.
Bindra and De Palma bring more than 20 years of experience in the promotion, production, and execution of electronic dance events to SFX. Made Event has been behind some of the largest and most iconic events in the industry, presenting world-class talent with the highest standards in state-of-the-art sound and visual production.
The Electric Zoo Festival is New York City's largest dance music festival with more than 100,000 attendees. Established in 2009, it takes place over Labor Day weekend on Randall's Island and features the top names in electronic music, bringing a wide variety of acts from around the world and across the spectrum of electronic music's various sub-genres.
Made also presents many events throughout the year, such as the Governor's Beach Club concert series in New York, Armin van Buuren's ASOT 600 at Madison Square Garden, and recent sold-out shows by Hardwell and Benny Benassi. It is also a regular contributor to New York-based art & culture charities.
"After years of independence, we couldn't be happier about our venture with SFX", said Bindra. "To date, SFX has brought together the top companies and individuals in the electronic dance music industry".
De Palma added, "The SFX team of industry leaders will provide a network of opportunities, allowing us to expand our vision of presenting the highest caliber, fan-focused electronic music events in exciting and innovative environments around the globe".
SFX's stock began trading on The NASDAQ Global Select Market on October 9, and the company will file its third quarter 10-Q report on November 22.
About SFX Entertainment
SFX Entertainment, Inc. is the largest global producer of live events and digital entertainment content focused primarily on electronic music culture ("EMC"). SFX's mission is to enable EMC by providing fans with the best possible live experiences, music discovery and digital connectivity with our content and the broader EMC community. SFX was born out of the technology revolution, as the music industry evolved into DJ- and producer-led creations driven by social and digital consumer media. SFX produces and promotes a growing portfolio of live events that includes leading brands such as Tomorrowland, TomorrowWorld, Mysteryland, Sensation, Stereosonic, Electric Zoo, Disco Donnie Presents and Life in Color. SFX also operates Beatport, the principal online resource for EMC DJs and a trusted destination for the growing EMC community to discover and stream music, follow DJs and keep abreast of news, information and events.
Forward Looking Statements
This press release contains forward-looking statements regarding our business strategy and plans, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including: our ability to close the acquisition of our planned acquisition targets; our ability to integrate the companies we have acquired and plan to acquire in the future; our belief that the EMC community will grow; our ability to increase the number of festivals and events we produce and their attendance; our ability to pay our debts and meet our liquidity needs; competition; our ability to manage growth and geographically-dispersed operations; and our ability to grow our online properties. These and other potential risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed under the caption "Risk Factors" in our final prospectus filed with the SEC on October 10, 2013, which is available on our Investor Relations website at www.sfxii.com and on the SEC website at www.sec.gov. Additional information will also be set forth in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2013. In addition, any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements as a result of new information or future events.

text: SFX ENTERTAINMENT

text: MADE EVENT

text: SFX Entertainment, Inc.

text: Made Event

text: Made Event

text: SFX Entertainment

text: SFX Entertainment, Inc.


text:
EX-99.1
3
a05-10131_1ex99d1.htm
EX-99.1
EXHIBIT 99.1
FOR IMMEDIATE RELEASE:
LABOR
READY COMPLETES ACQUISITION OF CLP RESOURCES, INC.
TACOMA, WA, May 28, 2005
-Labor
Ready, Inc. (NYSE: LRW) has completed its previously announced acquisition
of CLP Resources Inc. for approximately $46.2 million in cash. The transaction was completed on Friday, May 27,
2005.
Additional details about the acquisition and CLP's business can be
found in Labor Ready's 8-K filing on May 26, 2005 or press release
on that day (www.laborready.com) in which the acquisition agreement was
announced.
About Labor Ready
Labor Ready is the nation's leading provider of temporary manual labor,
serving approximately 300,000 customers by providing a flexible, dependable
workforce to such industries as freight handling, warehousing, landscaping,
construction and light manufacturing. Annually, Labor Ready puts more than
600,000 people to work. Labor Ready operates more than 830 locations in the
United States, Canada, and the United Kingdom.
For
additional information, visit Labor Ready's website at www.laborready.com
For more information, contact:
Stacey Burke
Director of Corporate Communications
Labor Ready, Inc.
(253) 680-8291

text:
LABOR
READY

text: CLP RESOURCES, INC.

text:
Labor
Ready, Inc.

text: CLP Resources Inc.

text: Labor Ready

text: Labor Ready

text: Labor Ready

text: Labor Ready

text: Labor Ready

text: Labor Ready

text: Stacey Burke

text: Labor Ready, Inc.


text:
EX-99.1
2
a18-37294_2ex99d1.htm
EX-99.1
Exhibit 99.1
Institutional Investors:
Peter Sands
212-492-1110
institutionalir@wpcarey.com
Individual Investors:
W. P. Carey Inc.
212-492-8920
ir@wpcarey.com
Press Contacts:
Guy Lawrence
Ross & Lawrence
212-308-3333
gblawrence@rosslawpr.com
Anna McGrath
W. P. Carey Inc.
212-492-1166
amcgrath@wpcarey.com
W. P. Carey Completes $5.9 Billion Merger with CPA
®
:17
Transaction Simplifies Company and Improves Earnings Quality
New York, NY - October 31, 2018 - W. P. Carey Inc. (NYSE: WPC), a net lease real estate investment trust, today announced the completion of its merger with one of its managed funds, Corporate Property Associates 17 - Global Incorporated ("CPA:17"). In connection with the merger, CPA:17 stockholders received 0.160 shares of W. P. Carey Inc. common stock for each share of CPA:17 in a transaction valued at approximately $5.9 billion, including the assumption of debt.
In connection with the merger, W. P. Carey issued 53.9 million shares of its common stock in a stock-for-stock transaction. As a result, the company's equity market capitalization has increased to approximately $11 billion, positioning it as one of the largest net lease REITs and among the top 25 publicly-traded REITs in the MSCI US REIT Index.
W. P. Carey believes the primary benefits of the merger include:
·
Significantly improved earnings quality;
·
Further simplification of its business;
·
Enhanced portfolio metrics;
·
Increased size, scale and market prominence; and
·
Strengthened credit profile, maintaining its BBB and Baa2 ratings.
As a result of the merger, W. P. Carey's diversified portfolio of operationally-critical commercial real estate includes 1,186 net lease properties, located primarily in the U.S. and Northern and Western Europe, covering approximately 133 million square feet and leased to 304 tenants.
"The completion of this transaction marks an important milestone for W. P. Carey, essentially transforming us into a pure-play net lease REIT with a simpler business and more valuable earnings", said Jason Fox, Chief Executive Officer of W. P. Carey. "We've added a high-quality diversified portfolio at a favorable cap rate of approximately 7% and, having assembled and managed the assets on behalf of CPA:17, expect a seamless transition.
"Furthermore, we were able to complete this transaction ahead of schedule, a tribute to the expertise and hard work of our dedicated employees. Today, W. P. Carey sits among the largest and most prominent REITs. We have provided investors with long-term growth and stable income for more than four decades and look forward to creating value for all of our shareholders - old and new - over the quarters and years to come".
W. P. Carey Inc.
Celebrating its 45th
anniversary, W. P. Carey ranks among the largest diversified net lease REITs with an enterprise value of over $17 billion and a portfolio of operationally-critical commercial real estate that includes 1,186 net lease properties covering approximately 133 million square feet. For over four decades the company has invested in high-quality single-tenant industrial, warehouse, office and retail properties subject to long-term leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry.
www.wpcarey.com
Cautionary Statement Concerning Forward-Looking Statements
Certain of the matters discussed in this press release constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. The forward-looking statements include, among other things, statements regarding the intent, belief or expectations of W. P. Carey Inc. ("W. P. Carey") and can be identified by the use of words such as "may", "will", "should", "would", "will be", "will continue", "will likely result", "believe", "project", "expect", "anticipate", "intend", "estimate" and other comparable terms. These forward-looking statements include, but are not limited to, statements regarding: the anticipated benefits of the merger, including the statements made by Mr. Jason Fox; our capital structure and cost of capital; the quality of our portfolio; and statements regarding estimated or future economic performance and results, including our underlying assumptions. These statements are based on the current expectations of our management. It is important to note that our actual results could be materially different from those projected in such forward-looking statements. There are a number of risks and uncertainties that could cause actual results to differ materially from these forward-looking statements. Other unknown or unpredictable factors could also have material adverse effects on future results, performance or achievements of W. P. Carey. Discussions of some of these other important factors and assumptions are contained in W. P. Carey's filings with the Securities and Exchange Commission (the "SEC") and are available at the SEC's website at http://www.sec.gov, including Part I, Item 1A. Risk Factors in W. P. Carey's Annual Report on Form 10-K for the year ended December 31, 2017 and in Part II, Item 1A. Risk Factors in W. P. Carey's Quarterly Report on Form 10-Q for the quarter ended June 30, 2018. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this communication may not occur. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release, unless
noted otherwise. Except as required under the federal securities laws and the rules and regulations of the SEC, W. P. Carey does not undertake any obligation to release publicly any revisions to the forward-looking statements to reflect events or circumstances after the date of this communication or to reflect the occurrence of unanticipated events.

text: W. P. Carey Inc.

text: W. P. Carey Inc.

text: W. P. Carey

text: W. P. Carey Inc.

text: W. P. Carey Inc.

text: W. P. Carey

text: W. P. Carey

text: W. P. Carey

text: W. P. Carey

text: Jason Fox

text: W. P. Carey

text: W. P. Carey

text: W. P. Carey Inc.

text: W. P. Carey

text: W. P. Carey Inc.

text: W. P. Carey

text: Jason Fox

text: W. P. Carey

text: W. P. Carey

text: W. P. Carey

text: W. P. Carey

text: W. P. Carey


text:
EX-99.1
5
a11-30612_1ex99d1.htm
EX-99.1
Exhibit 99.1
News Release
Ecolab Inc.
370 Wabasha Street North
St. Paul, Minnesota 55102
FOR IMMEDIATE RELEASE
Michael J. Monahan 651.293.2809
Ecolab Receives Final Required Antitrust Clearance for Merger with Nalco
ST. PAUL, Minn.-(BUSINESS WIRE)- Ecolab Inc. announced today that it has received clearance from the China antitrust authority to proceed with its previously announced merger with Nalco Holding Company.
Ecolab and Nalco have now received clearances from all antitrust authorities which require pre-clearance in order to complete the Nalco merger.
Shareholders from both Ecolab Inc. and Nalco Holding Company overwhelmingly approved the merger of the two companies on November 30, 2011. The completion of the merger remains subject only to customary closing conditions, and Ecolab anticipates that the parties will proceed to complete the merger effective today.
Based on the closing date of the transaction, the deadline for former Nalco stockholders to make their election to receive cash or shares of Ecolab common stock in accordance with the merger agreement will be 5:00 p.m., New York City time, December 7, 2011.
With sales of $6 billion and more than 26,000 associates, Ecolab (NYSE: ECL) is the global leader in cleaning, sanitizing, food safety and infection prevention products and services. Ecolab delivers comprehensive programs and services to the foodservice, food and beverage processing, healthcare, and hospitality markets in more than 160
countries. More Ecolab news and information is available at www.ecolab.com.
Cautionary Statements Regarding Forward-Looking Information
This communication contains certain statements relating to future events and our intentions, beliefs, expectations and predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Words or phrases such as "will likely result", "are expected to", "will continue", "is anticipated", "we believe", "we expect", "estimate", "project", "may", "will", "intend", "plan", "believe", "target", "forecast" (including the negative or variations thereof) or similar terminology used in connection with any discussion of future plans, actions or events generally identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding the expected closing of the merger, benefits of the merger, integration plans and expected synergies, anticipated future financial and operating performance and results, including estimates for growth, and share repurchases. These statements are based on the current expectations of management of Ecolab and Nalco. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this communication. These risks and uncertainties include (i) problems that may arise in successfully integrating the businesses of the companies, which may result in the combined company not operating as effectively and efficiently as expected, (ii) the possibility that the merger may involve unexpected costs, unexpected liabilities or unexpected delays, (iii) the risk that the credit ratings of the combined company or its subsidiaries may be different from what the companies currently expect, (iv) the risk that the businesses of the companies may suffer as a result of uncertainty surrounding the merger and (v) the risk that disruptions from the transaction will harm relationships with customers, employees and suppliers.
Other unknown or unpredictable factors could also have material adverse effects on future results, performance or achievements of Ecolab, Nalco and the combined company. For a further discussion of these and other risks and uncertainties applicable to the respective businesses of Ecolab and Nalco, see the Annual Reports on Form 10-K of Ecolab and Nalco for the fiscal year ended December 31, 2010 and the companies' other public filings with theSecurities and Exchange Commission, or SEC. These risks,
as well as other risks associated with the merger, are more fully discussed in the joint proxy statement/prospectus included in the Registration Statement on Form S-4 thatEcolab has filed with the SEC in connection with the merger, which was declared effective by the SEC on October 28, 2011. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this communication may not occur. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this communication. Neither Ecolab nor Nalco undertakes, and each of them expressly disclaims, any duty to update any forward-looking statement whether as a result of new information, future events or changes in their respective expectations, except as required by law.
###
(ECL-A)

text: Ecolab Inc.

text: Ecolab

text: Nalco

text: Ecolab Inc.

text: Nalco Holding Company

text: Ecolab

text: Nalco

text: Nalco

text: Ecolab Inc.

text: Nalco Holding Company

text: Ecolab

text: Nalco

text: Ecolab

text: Ecolab

text: Ecolab

text: Ecolab

text: Ecolab

text: Nalco

text: Ecolab

text: Nalco

text: Ecolab

text: Nalco

text: Ecolab

text: Nalco

text: Ecolab

text: Nalco


text:
EX-99.1
13
ex99_1.htm
EXH 99.1 PRESS RELEASE DATED 1/6/2006
Exh 99_1 Press Release dated 1/6/2006
Exhibit
99.1
For
Immediate Release
MAGUIRE
PROPERTIES ANNOUNCES CLOSING OF
MAGUIRE
MACQUARIE OFFICE VENTURE
LOS
ANGELES, January 6, 2006 - Maguire Properties, Inc. (NYSE: MPG), a leading
Southern California focused real estate investment trust, today announced
it has
completed its previously announced agreement with Macquarie Office Trust
to form
a joint venture Maguire Macquarie Office to own, operate and acquire office
properties principally located in Southern California. Net proceeds to
Maguire
Properties from the transaction were approximately $350 million and will
be used
to pay down debt as well as for future strategic acquisitions and development
opportunities.
Mr.
Robert F. Maguire III, Chairman and Chief Executive Officer of Maguire
Properties, said, "We are very pleased to have closed this transaction which
solidifies our strategic partnership with Macquarie Office Trust. We hold
the
Macquarie team in high regard and believe our partnership will exceed both
Companies' return objectives. Supported by strong leasing activity and exciting
development opportunities, our plan is to substantially grow this venture
and
maximize the value of these terrific assets over the long-term".
The
aggregate size of the initial Maguire Macquarie Office portfolio is nearly
4.0
million square feet and includes five assets (One California Plaza, Cerritos
Corporate Center, Washington Mutual Campus, San Diego Tech Center and Wells
Fargo Center) contributed by Maguire Properties and one asset (Stadium
Gateway)
contributed by Macquarie Office Trust.
Maguire
added, "We view this venture approach to be particularly meaningful as Maguire
Properties retains 20% ownership in the venture and will receive a variety
of
fees including an asset management fee and will be entitled to out performance
distributions based on the results of the venture which we believe we can
achieve."
About
Maguire Properties, Inc
.
Maguire
Properties, Inc., a Southern California focused real estate investment
trust is
the largest owner and operator of Class A office properties in the Los
Angeles
central business district. The Company is focused on owning, developing
and
operating high-quality office properties in the Southern California market.
Maguire Properties, Inc. is a full-service real estate company with substantial
in-house expertise and resources in property management, marketing, leasing,
acquisitions, development and financing. For more information on Maguire
Properties, visit the Company's website at www.maguireproperties.com.
About
Macquarie Office Trust
Macquarie
Office Trust is a listed property trust with assets under management
of A$4.7
billion (on settlement of the Maguire portfolio). More than A$26
billion in
property assets are managed under the Macquarie brand, across a portfolio
of
listed and unlisted property trusts, unlisted development funds and
property
investment syndicates, globally. For more information on Macquarie
Office Trust,
refer to the Trust's website at www.macquarie.com.au/officetrust.
Business
Risks
This
press release contains forward-looking statements based on current
expectations,
forecasts and assumptions that involve risks and uncertainties that
could cause
actual outcomes and results to differ materially. These risks and
uncertainties
include: risks that the closing conditions to the above-described
venture will
not be satisfied, including that the existing project lenders will
not approve
the proposed transaction and that the transaction will not be completed
as a
result thereof; risks associated with joint ventures, including loss
of sole
decision-making authority and potential disputes with joint venture
partners;
risks associated with the failure to manage effectively the Company's growth and
expansion into new markets or to integrate acquisitions successfully;
risks and
uncertainties affecting property development and construction; general
risks
affecting the real estate industry (including, without limitation,
the inability
to enter or renew leases, dependence on tenants' financial condition, and
competition from other developers, owners and operators of real estate);
risks
associated with downturns in the national and local economies, increases
in
interest rates, and volatility in the securities markets; potential
liability
for uninsured losses and environmental contamination; risks associated
with our
company's potential failure to qualify as a REIT under the Internal Revenue
Code
of 1986, as amended and possible adverse changes in tax and environmental
laws;
and risks associated with the Company's dependence on key personnel whose
continued service is not guaranteed. For a further list and description
of such
risks and uncertainties, see the reports filed by the Company with
the
Securities and Exchange Commission, including the Company's most recent annual
report on form 10-K. The Company disclaims any intention or obligation
to update
or revise any forward-looking statements, whether as a result of
new
information, future events or otherwise.
CONTACTS:
Maguire
Properties
Peggy
Moretti
Senior
Vice President, Investor and Public Relations
(213)
613-4558
#
#
#

text: Maguire Properties, Inc.

text: Macquarie Office Trust

text: Robert F. Maguire III

text: Macquarie Office Trust

text: Macquarie Office Trust

text:
Maguire
Properties, Inc.

text: Maguire Properties, Inc.

text: Macquarie Office Trust

text:
Macquarie
Office Trust

text:
Macquarie
Office Trust


text:
EX-99.1
2
cto-20211210xex99d1.htm
EX-99.1
Press
Exhibit 99.1
Press Release
Contact:
Matthew M. Partridge
Senior Vice President, Chief Financial Officer and Treasurer
(386) 944-5643
mpartridge@ctoreit.com
FOR
IMMEDIATE
RELEASE
CTO REALTY GROWTH COMPLETES SALE OF THE REMAINING
DAYTONA BEACH LAND WITHIN ITS LAND JOINT VENTURE
DAYTONA BEACH, FL
-
December 10, 2021
-
CTO Realty Growth, Inc. (NYSE: CTO) (the "Company" or "CTO") today announced the joint venture entity that holds the remaining Daytona Beach land portfolio of approximately 1,600 acres (the "Land Venture") has completed the sale of all of its remaining land for $66.3 million (the "Land Venture Sale") to Timberline Acquisition Partners, an affiliate of Timberline Real Estate Partners. Proceeds to CTO after distributions to the other member of the Land Venture and before taxes are estimated to be approximately $24.4 million.
Following the completion of the Land Venture Sale, the Company ends its iconic, 111-year role as a substantial Florida landowner, which at one time included the ownership of approximately two million acres. Over the past 10 years, the Company has strategically sold its remaining 11,000 acres for $287 million in proceeds, which have been reinvested into nearly $600 million of high-quality, income producing assets that have allowed the Company to grow its annual cash dividend by 9,900%, from $0.04 per share in 2011 to $4.00 per share in 2021.
"We're thrilled to be completing this final land sale, which provides us with meaningful non-income producing equity to redeploy into our core investment strategy of acquiring high-quality, multi-tenanted retail and mixed-used properties", said John P. Albright, President and Chief Executive Officer of CTO Realty Growth. "As we look towards 2022, the redeployment of proceeds from this final sale will enhance our corporate credit metrics, improve our dividend coverage, and drive increased organic FFO and AFFO per share growth".
The Company intends to use its proceeds from the Land Venture Sale to repay amounts outstanding under its unsecured revolving credit facility, and for general corporate and working capital purposes, which may include funding income property acquisitions.
About CTO Realty Growth, Inc.
CTO Realty Growth, Inc. is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in high-growth markets in the United States. CTO also owns an approximate 16% interest in Alpine Income Property Trust, Inc. (NYSE: PINE), a publicly traded net lease REIT.
Page 1
Exhibit 99.1
We encourage you to review our most recent investor presentation, which is available on our website at www.ctoreit.com.
Safe Harbor
Certain statements contained in this press release (other than statements of historical fact) are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can typically be identified by words such as "believe", "estimate", "expect", "intend", "anticipate", "will", "could", "may", "should", "plan", "potential", "predict", "forecast", "project", and similar expressions, as well as variations or negatives of these words.
Although forward-looking statements are made based upon management's present expectations and reasonable beliefs concerning future developments and their potential effect upon the Company, a number of factors could cause the Company's actual results to differ materially from those set forth in the forward-looking statements. Such factors may include, but are not limited to: the Company's ability to remain qualified as a REIT; the Company's exposure to U.S. federal and state income tax law changes, including changes to the REIT requirements; general adverse economic and real estate conditions; the ultimate geographic spread, severity and duration of pandemics such as the recent outbreak of the novel coronavirus, actions that may be taken by governmental authorities to contain or address the impact of such pandemics, and the potential negative impacts of such pandemics on the global economy and the Company's financial condition and results of operations; the inability of major tenants to continue paying their rent or obligations due to bankruptcy, insolvency or a general downturn in their business; the loss or failure, or decline in the business or assets of PINE; the completion of 1031 exchange transactions; the availability of investment properties that meet the Company's investment goals and criteria; the uncertainties associated with obtaining required governmental permits and satisfying other closing conditions for planned acquisitions and sales; and the uncertainties and risk factors discussed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and other risks and uncertainties discussed from time to time in the Company's filings with the U.S. Securities and Exchange Commission.
There can be no assurance that future developments will be in accordance with management's expectations or that the effect of future developments on the Company will be those anticipated by management. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.
Page 2

text: CTO Realty Growth, Inc.

text: Timberline Acquisition Partners

text: John P. Albright

text: CTO Realty Growth, Inc.

text: CTO Realty Growth, Inc.