CC Neuberger Principal Holdings I Announces Extraordinary General Meeting Teleconference Details
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NEW YORK, Jan. 26, 2021 /PRNewswire/ CC Neuberger Principal Holdings I (
CCNB1 ) (NYSE: PCPL), today announced that, due to the public health and safety concerns related to the coronavirus (COVID-19) pandemic and recommendations and orders from federal and New York authorities, the Company is strongly encouraging that shareholders attend the extraordinary general meeting of its shareholders, which will be held on February 2, 2021 at 9:00 a.m., New York City Time (the
General Meeting ), by teleconference rather than in person. The purpose of the General Meeting is to vote on certain proposals relating to the previously announced Business Combination Agreement, dated as of October 14, 2020 (as amended, the
Sycamore Partners Reaches Agreement to Recapitalize and Retain Control of Belk
Belk Stores and Business Operations Continue as Normal; Suppliers Unimpaired and Paid in the Ordinary Course
Proposed Financial Restructuring Includes Reduction of Approximately $450 Million in Debt and Commitments for $225 Million of New Capital
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CHARLOTTE, N.C., Jan. 26, 2021 /PRNewswire/ Belk today announced that it has entered into a Restructuring Support Agreement (the RSA ) with its majority owner, Sycamore Partners, a private equity firm specializing in consumer, retail and distribution investments, and holders of over 75% of its first lien term loan debt and holders of 100% of its second lien term loan debt on a plan to recapitalize the business, significantly reduce debt by approximately $450 million, and extend maturities on all term loans to July 2025. Under the terms of the RSA, Sycamore Partners will retain majority control of Be
Oliver Winery & Vineyards Partners with NexPhase Capital to Accelerate Future Growth
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BLOOMINGTON, Ind., Jan. 25, 2021 /PRNewswire/ Oliver Wine Co, Inc. ( Oliver Winery, Oliver or the Company ) and NexPhase Capital, LP ( NPC, NexPhase or the Firm ) today announced that they have signed a definitive agreement for NexPhase to invest in Oliver Winery. The transaction is expected to close in early 2021.
Founded in 1972, Oliver Winery is now one of the largest wineries in the U.S. with over 700,000 cases sold in 2020. Oliver s high-quality, innovative and consumer-focused approach to winemaking continues to attract new fans across the U.S. with products such as Oliver Blueberry Moscato. Boosted by its enhanced footprint, increased points of distribution and partnerships with national retailers, Oliver Winery finished 2020 with 40% year-over-year growth.
Office Depot Nixes Staples $2B Bid odwyerpr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from odwyerpr.com Daily Mail and Mail on Sunday newspapers.
Lumentum And Coherent To Combine, Uniting Global Industry Leaders To Accelerate The Future Of Photonics Lumentum to acquire Coherent in a $5.7 billion cash and stock transaction Brings together highly complementary, best-in-class portfolios and teams to accelerate photonic innovation, and significantly expands Lumentum s penetration of the more than $10 billion market for lasers and photonics outside of communications and 3D sensing Expected to deliver more than $150 million in annual run-rate synergies within 24 months of transaction close, and be accretive to non-GAAP earnings per share during the first full year after closing Lumentum and Coherent announce strong preliminary financial results