Frontline CEOs — Who Aren t Afraid to Get Their Hands Dirty ibtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com Daily Mail and Mail on Sunday newspapers.
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Apollo Hybrid Value to Invest in Standard Industries Holdings’ Acquisition of Grace
Apollo Global Management, Inc.April 30, 2021 GMT
NEW YORK, April 30, 2021 (GLOBE NEWSWIRE) Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo” or the “Firm”) announced that certain funds managed by its affiliates have committed to invest $600 million as part of an agreement in which Standard Industries Holdings Inc. will acquire W.R. Grace & Co. (“Grace”) (NYSE: GRA), a leading global specialty chemicals company, in an all-cash transaction valued at approximately $7.0 billion.
Board has been shrinking during, after Nutrisystem chapter
The Tivity Health board of directors is set to shrink by two seats next month, when two incumbent members will not stand for re-election.
Peter Hudson and Ben Kirschner were first elected directors of Franklin-based Tivity in 2016 and 2019, respectively. Hudson, 55, is a managing director of health care venture capital Alta Partners and also chairs the boards of U.S. Acute Care Solutions and Emergency Medicine Physicians. Kirshner, 43, is chairman of Tinuiti, a digital marketing agency he founded in 2019. He joined the Tivity board via its ill-fated acquisition of Nutrisystem, which was unwound late last year.
Welsh Carson solidifies future leadership plans with string of senior promotions altassets.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from altassets.net Daily Mail and Mail on Sunday newspapers.