Daily Archives: March 27, 2018

0

Elliott Assoc Files 13D on Travelport

PURPOSE OF TRANSACTION   The Reporting Persons believe that the Issuer is well positioned in the GDS industry, especially in high growth travel markets, and that it possesses a fast growing and strategic business in the travel payments industry.  The Reporting Persons believe the securities of the Issuer are undervalued and represent an attractive investment opportunity.  The…

0

Air T Sends Letter to Insignia

Purpose of Transaction. The Reporting Persons purchased the Common Stock for investment purposes. The intent of beneficial ownership of the Reporting Persons is to influence the policies of the Issuer and assert shareholder rights, with a goal of maximizing the value of the Common Stock.  In the past, the Reporting Persons have had communications with…

0

IDT Spinoff Rafael To Commence Trading Today

Newark, NJ – March 27, 2018: Rafael Holdings, Inc., (NYSE American: RFL) and IDT Corporation (NYSE: IDT) today announced the successful completion of the spin-off of Rafael Holdings from IDT following the distribution yesterday of RFL common stock to IDT stockholders. Rafael Class B Common Stock begins the ‘regular way’ trading today on the NYSE…

0

Dover Files Form 10 for Apergy Spinoff

DOWNERS GROVE, Ill., March 26, 2018 – Dover (NYSE: DOV) announced today that Apergy Corporation (“Apergy”) will host its first Investor Day on Tuesday, April 3, 2018, in New York City. Apergy has also filed its Form 10 registration statement with the U.S. Securities and Exchange Commission (“SEC”) in connection with the previously announced spin-off from…