Daily Archives: March 7, 2018

0

Shannon River Calls IMMR Undervalued

Item 4. Purpose of Transaction. The Reporting Persons purchased the securities of the Issuer reported herein based on their belief that such securities, when purchased, were undervalued and represented an attractive investment opportunity. Depending upon other factors including overall market conditions, other investment opportunities available to the Reporting Persons, and the availability of securities of…

0

Blue Lion Rips into HMST

DALLAS, March 5, 2018 /PRNewswire/ — Blue Lion Capital (“BLC”) and its affiliates, which manage funds that beneficially own approximately 6.0% of the stock of HomeStreet, Inc. (Nasdaq: HMST) (“HomeStreet” or the “Company”), has provided notice (the “Notice”) of its intention to nominate two directors to the HomeStreet Board of Directors and propose two substantive corporate governance…

0

HHS Gets Letter on Poor Performance

March 1, 2018 The Board of Directors Harte Hanks, Inc. 9601 McAllister Freeway Suite 610 San Antonio, Texas 78216 Dear Members of the Board of Directors: As you know, Houston H. Harte is a son of one of the founders of Harte Hanks, Inc. (the “Company”). The Harte family beneficially owns approximately 10.6% of the Company’s…

0

Steel Partners Gets Permission 30% of BW

Item 4. Purpose of Transaction. Item 4 is hereby amended to add the following: On March 2, 2018, the Reporting Persons requested that the Board of the Issuer adopt a resolution exempting the Reporting Persons from the limitations of Section 203 of the Delaware General Corporation Law. The Reporting Persons have been advised that the…

0

Walking Co Files Chapter 11.. Again

WESTLAKE VILLAGE, Calif., March 06, 2018 (GLOBE NEWSWIRE) — The Walking Company Holdings, Inc., has announced that it has obtained critical stakeholder support for a comprehensive recapitalization of the Company. The Company’s controlling shareholders have committed to invest $10 million in new equity into the Company and it has obtained debtor-in-possession (DIP) financing from it lender,…

0

Fiat Chrysler Looking into Spin Off

The FCA Board to review potential separation of Magneti Marelli in the second quarter of 2018 Fiat Chrysler Automobiles (“FCA”) (NYSE: FCAU MTA: FCA) announced today that the Company is continuing its review of the potential separation of FCA’s subsidiary Magneti Marelli S.p.A. (“Magneti Marelli”) The Board of Directors of the Company plans to review…

0

Brunswick to Spin Off Fitness Unit

METTAWA, Ill., March 1, 2018 – Brunswick Corporation (NYSE: BC) (“Brunswick” or the “Company”) today announced that its Board of Directors has authorized proceeding with a spin-off of its Fitness business.  Following the proposed transaction, the Fitness business will be an independent, standalone, publicly traded company, “FitnessCo”. “Our Board of Directors and management regularly review our…

0

Cogint Announces Record Date for Spin-off

BOCA RATON, Fla.–(BUSINESS WIRE)–Mar. 7, 2018– Cogint, Inc. (NASDAQ: COGT) announced today that its Board of Directors has established March 19, 2018 as the record date (the “Record Date”) and March 26, 2018 as the distribution date (“Distribution Date”) for its previously announced spin-off of its data and analytics subsidiary, Red Violet, Inc. (“Red Violet”). The spin-off will occur by way of a…