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Macquarie Infrastructure Corporation (NYSE:MIC) today announced that it has successfully completed the sale of its International-Matex Tank Terminals ( IMTT ) business to an affiliate of Riverstone Holdings, Inc. for $2.67 billion, net of closing adjustments, and including assumed debt of approximately $1.11 billion. MIC announced that it had entered into the agreement to sell IMTT on November 9, 2020.
As previously indicated, the MIC board of directors has elected to return all the net proceeds from the sale, after payment of taxes and expenses and providing for the repayment of holding company level debt, to shareholders in a special dividend. The board has authorized the payment of a one-time dividend of $11.00 per share of MIC common stock. The special dividend will be payable January 8, 2021 to stockholders of record as of the close of trading January 5, 2021.
Republic Airport logs almost 300 noise complaints, double last year s number newsday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.com Daily Mail and Mail on Sunday newspapers.
Mar 26, 2021
Photojournalists get to see incredible things. The Tulsa World s photo department of six has a combined 150 years of experience, so weâve all covered events both big and small. But this year was different.Â
As I answered phone calls and texts while working with photographers in the field, I kept hearing: âIâve never seen this before.â
Mike Simons and Ian Maule were on an Interstate 244 overpass with Black Lives Matter protesters when a pickup driver drove through the crowd. They were there when Tulsa Police and protesters clashed in Tulsa s Brookside neighborhood and when tear gas was launched near Woodland Hills Mall.Â
Lynx FBO Network, a Portfolio Company of The Sterling Group, Acquires Providence, RI FBO
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HOUSTON, Dec. 15, 2020 /PRNewswire/ Lynx FBO Network ( Lynx ), a portfolio company of The Sterling Group, announced today it has acquired the FBO assets of Northstar Aviation at the Theodore Francis Green State Airport (PVD) in Providence, Rhode Island. The acquisition marks Lynx s ninth FBO location. We are excited to further expand the Lynx FBO Network in the Northeast United States, and Providence will greatly enhance our East Coast presence. We look forward to working with the Rhode Island Airport Corporation, the local FBO team, and all stakeholders in continuing the great partnership Northstar Aviation has established over their tenure of over 30 years at the airport, said Chad Farischon, President and Partner of Lynx.