Press release content from Globe Newswire. The AP news staff was not involved in its creation.
CTS Corporation Announces Appointment of Donna M. Costello to its Board of Directors
CTS CorporationFebruary 12, 2021 GMT
LISLE, Ill., Feb. 12, 2021 (GLOBE NEWSWIRE) CTS Corporation (NYSE: CTS) today announced that Donna M. Costello has been appointed to its board of directors, effective February 11, 2021.
Ms. Costello is the former chief financial officer of C&D Technologies, Inc., a technology company that produces and markets systems for power conversion and storage of electrical power. Ms. Costello comes to CTS with extensive financial experience and over 25 years of experience in the tech industry, delivering a successful track record of executive leadership, strategy development, and M&A. She currently serves as a director on the board of Neenah, Inc., where she is a member of the audit committee.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Eagle Bulk Shipping Inc. Acquires Three Supramaxes
Eagle Bulk Shipping Inc.February 11, 2021 GMT
STAMFORD, Conn., Feb. 11, 2021 (GLOBE NEWSWIRE) Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today announced that it has purchased three 2011-built CROWN-58 Supramax bulkcarriers for a total of USD 21.15 million and 329,583 common shares of Eagle.
The ships, which will be renamed the M/V Montauk Eagle, M/V Newport Eagle, and M/V Sankaty Eagle, were all constructed at Yangzhou Dayang Shipbuilding Co., Ltd and are sister ships to 17 CROWN-58 Supramax bulkcarriers in Eagle’s existing fleet. The vessels are all expected to be delivered into the Company’s fleet between March and May of this year.
An Indiana lawmaker who builds homes is the sole author on a bill to ban community architecture design requirements, a proposal that could save him and others in his profession
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
II-VI Incorporated Offers to Acquire Coherent for $260 per Share
II-VI IncorporatedFebruary 12, 2021 GMT Combination would establish global leader in photonic solutions, compound semiconductors, and laser technology and systems
II-VI proposal represents 24.0% premium over implied value of Lumentum transaction and 9.8% premium over implied value of MKS Instruments’ acquisition proposal
$200 million of run-rate cost synergies expected to be realized within 36 months of closing
Anticipated to be accretive to non-GAAP EPS in the second year following closing
PITTSBURGH, Pa., Feb. 12, 2021 (GLOBE NEWSWIRE) II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced it has made an offer to acquire Coherent, Inc. (Nasdaq: COHR), a global laser technology leader, in a cash and stock transaction. Under the terms of II-VI’s
Robin Wright used to joke that her directorial debut had already been made. It was called “Blue Valentine,” it starred Michelle Williams and Ryan Gosling as a couple falling apart,