Tagged BW

0

Steel Willing to Backstop BW Rights Offering

Purpose of Transaction. Item 4 is hereby amended to add the following: On March 20, 2018, Steel Holdings entered into a confidentiality agreement with the Issuer with respect to a possible negotiated business combination or other strategic or financial transaction. The Reporting Persons intend to fully exercise their rights pursuant to the Issuer’s rights offering…

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

VIEX Ups Stake in Babcock & Wilcox

My interpretation: Management better fix things up and fix them up quickly or look for employment elsewhere.. The following constitutes the Amendment No.1 to the Schedule 13D filed by the undersigned (the “Amendment No. 1”). This Amendment No. 1 amend the Schedule 13D as specifically set forth herein. Item 3. Source and Amount of Funds…

0

Much Needed Fire Under Babcock & Wilcox

Item 3. Source and Amount of Funds or Other Consideration. The 2,121,802 Shares purchased by Series One were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases, except as otherwise noted, as set forth in Schedule A,…

Babcock & Wilcox Split Completed

BWX Technologies, Inc. has completed the spin-off of its power generation business and will begin “regular way” trading on the NYSE under the new ticker symbol “BWXT” on July 1, 2015. In 2014, The Babcock & Wilcox Company (B&W) announced its intent to spin off its power generation business, and on June 8, 2015, B&W’s…