Takeover rule changes set to hurt M&A Show Comments ▼ KCS-content Monday 21 March 2011 8:35 pm Share Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia COMPANIES launching takeover bids will be subject to stricter timetables and increased disclosure requirements, under new proposals announced by the UK Takeover Panel yesterday.The reforms, which have been planned since criticism of the Kraft takeover of Cadbury in January last year, aim to make the bid process fairer on the target company, but could prove onerous for bidders and dampen the recovering M&A market. Top of offeror companies’ gripes is the introduction of a mandatory four-week deadline for a deal to be confirmed after initial interest is declared.At the moment, the Panel assesses deals individually and issues a so-called put-up-or-shut-up deadline accordingly. In 2010 the Takeover Panel issued eight put-up-or-shut-up notifications. Of those deals only two went ahead – the Kraft takeover of Cadbury and Babcock’s acquisition of VT Group. “Put-up-or-shut-up can kill deals,” said David Pudge of law firm Clifford Chance. “Bidders may have to change their tactics and be better prepared before takeover talks are announced.”The changes are particularly worrying for private equity firms, which often fund buyouts through leveraged financings with lengthy due diligence requirements.Adding to concerns are plans for break fees and other inducements to be banned, leaving bidders unable to recoup cash if a target leaves talks. Also on the Panel’s reform list are rules on fee transparency, which could see parties from financial advisers to PR firms forced to disclose their expected fees from a transaction. Though the change was expected, advisers are still worried that increased speculation on fees will detract attention from the value of a potential bid to the offeree. “These changes hit the wrong target and may in fact damage the interests of target company shareholders,” said a spokesman for the British Venture Capital Association.Recognising employees’ interests is also in the Panel’s sights, with proposals to discipline companies that renege on employment promises made during negotiations.Takeovers that could have been affectedKraft Foods/Cadbury, Jan 2010Despite saying it would stay open, after acquiring Cadbury, Kraft decided to close its Somerbury factory. Under new rules bidders can be disciplined if they don’t fulfil statements made during a bid. Britannia/Co-opFirst touted in October 2008, the merger between Britannia Building Society and Co-operative Financial Services wasn’t confirmed until January 2009 ?– well over the new mandatory four-week limit.KNOC/Dana Petroleum, Sep 2010An approach was first rumoured in early July, but no takeover was confirmed until 24 September. International firms are used to deadlines and inducements that won’t be allowed in the new UK regime. whatsapp More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org whatsapp
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis 19 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The figure of £1.4 billion extra income is CAF’s estimate of what would be donated if the 42% of people questioned who said they’d be likely to give by payroll giving if their employer offered it were actually to do so.Efforts are underway to promote payroll giving. A radio advertising campaign is being piloted in Wales and Mancester by the Institute of Fundraising, and NSPCC, Oxfam and Cancer Research UK are all running TV advertising campaigns, funded by the Royal Bank of Scotland. Research in June 2005 by Charities Aid Foundation (CAF) and the Royal Bank of Scotland into public perceptions of payroll giving has found that the method of giving is still far from popular.Although employee donations have grown from £82 million in 2003/04 to £83 million in 2004/05, this still represents gifts by only 2% of taxpayers. These figures exclude matched funding from employers, but even adding in this figure for this year the total rises only to £95 million.Income is low, but so too is public awareness of payroll giving. The survey found only half of the working population was aware of the scheme. Advertisement Charities missing out on £1.4 billion through low profile of payroll giving, says CAF Tagged with: Research / statistics Howard Lake | 22 July 2005 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
Rachel Heyhoe Flint receives OBE for services to cricket 28 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Awards Recruitment / people Howard Lake | 29 December 2007 | News Former England women’s cricket captain and President of The Lady Taverners, Rachael Heyhoe Flint has been invested with the Order of the British Empire (OBE) for services to cricket in the New Year’s Honours List.She had previously been awarded an MBE in 1972 while still captain of the national side, for services to women’s cricket.For the past eight years Heyhoe Flint has been President of The Lady Taverners, the fundraising arm of the cricketing charity The Lord’s Taverners. As well as providing funds for cricketing projects, the charity also raises money for youngsters with special needs and has generated over £6 million in the past five years.www.lordstaverners.org About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
The mass shooting April 15 at a FedEx facility in Indianapolis took the lives of eight workers and injured seven more. Half of those slain were members of the Sikh community, and one was a young African American woman. The murderer, 19-year-old Brandon Hole, killed himself after the shootings took place.There have been many hate crimes against Sikhs, especially following the Sept. 11, 2001, attack on the World Trade Center. Haters ignorantly linked the turbans worn by Sikh men with Osama Bin-Laden. In 2012 six people were killed and four injured in an attack on a Sikh house of worship — a gurdwara — in Oak Creek, Wis.Immediately following the Indianapolis massacre, the Sikh Coalition explained in a statement: “It was no accident that the shooter targeted this particular FedEx facility where he had worked and knew was overwhelmingly staffed by Sikhs. This was not a crime of convenience or a spur of the moment attack; it was one of methodical planning and selection which echoes the targeting of Asian American spa parlors in Atlanta exactly one month ago. The people that were shot and killed were not random targets.” (sikhcoalition.org)Historically and now, white supremacists from the Klan to the Oath Keepers and Proud Boys have never had trouble obtaining the tools they use to terrorize the Black, Latinx, Indigenous, Asian, Arab, Muslim, Jewish, LGBTQ2S+ and other communities. They can get weapons, explosives, lumber and fuel for cross-burnings, propaganda leaflets, media access, rally permits, police protection — and in this era, internet and social access.Young white men with white-supremacist views — the profile of many mass shooters — have no trouble gaining access to firearms, including semiautomatic weapons. We are all told the fascists have a First Amendment right to spread hatred. But racist ideology — recklessly fomented during the Trump administration — fuels racist violence.Like Amazon workers, FedEx workers need a unionThe white supremacy driving so many mass shootings is the number one tool that capitalists use to keep the working class divided — and unorganized. Package handlers and drivers at FedEx earn on the average $14-15 an hour; drivers at UPS make about $10 an hour more. The difference? FedEx, number 70 on the Fortune 500 list of wealthiest companies, is nonunion. Lower wages have helped FedEx earn billions in profits annually, most recently almost $900 million in the quarter ending Feb. 28.Safety of the workers who make them rich is not a priority for FedEx bosses. Last November, Leanell “Troy” McClenton filed a wrongful death lawsuit against FedEx over the 2019 death of his son, Detate Young, who was killed on the job when an unlocked door holding piles of packages swung open. Young, who was in the way, was crushed.Workers at the FedEx World Hub in Memphis, where Young worked, complain about the speed of work and the dangerous conditions. Thousands of the company’s 500,000 workers worldwide have tested positive for COVID.At the Indianapolis facility, workers are required to lock off their phones while on the job. This meant they could not call for help after their co-workers were shot. Their relatives, frantically calling to find out if they were among the victims, could not reach them. This is the 21st century high-tech version of the 1911 Triangle Shirtwaist tragedy in New York City and the Imperial Foods chicken processing plant fire 80 years later in Hamlet, N.C., fires which killed 146 and 25 workers respectively. In both cases the workers were locked in by the bosses. Without a union, the workers did not have a voice to demand safe working conditions.Union YES! White supremacy NO! FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
Kelsey Ritchiehttps://www.tcu360.com/author/kelsey-ritchie/ Fans enjoy pregame activities at the Alamodome Linkedin Twitter Kelsey Ritchiehttps://www.tcu360.com/author/kelsey-ritchie/ Facebook ‘Liters for Life’ student campaign raises funds for global water crisis The Frogs for the Cure event raised awareness for breast cancer survivors. ReddIt Fort Worth’s first community fridge program helps serve vulnerable neighborhoods TCU vs Baylor in Photos Twitter printFrogs for the Cure returned to the Amon G. Carter Stadium for the 11th annual halftime show, featuring this year’s video of “Ain’t No Mountain High.”The 11th annual Frogs for the Cure game and halftime show brought fans to their feet for more than one reason.In addition to the standing ovation that greeted survivors and performers as they made their way onto the field for halftime, many fans also stood when the announcer requested that everyone who had been affected by cancer stand.“It was such a humbling moment when I looked up and saw that almost every single person was standing after that,” said Ann Louden, chair of Frogs for the Cure. “Cancer is something that hits close to home for so many of us.”As part of the celebration, this year’s halftime show featured the reveal of the new Frogs for the Cure music video.Luke Wade and Mia Z from NBC’s The Voice recreated the classic song “Ain’t No Mountain High Enough.” The music video was shot in three different locations: Los Angeles, Montana and TCU.“I got to be a part of the music video shoot on campus earlier this year,” said Claire Zeeman, a junior communication studies major. “It was so cool to see the final product at halftime.”The Frogs for the Cure halftime show also consisted of performances by the TCU Showgirls, cheerleaders and Horned Frog Marching Band.The groups prepared unique performances.“We learned how to spell out the performers’ names in our formation,” said Meghen Goulet, a member of the TCU Marching Band. “We spelled out ‘cure’ on the field too.”This year’s show allowed students to join the celebration.The students walked alongside survivors decked out in pink accessories. All participants wore the 2015 Frogs for the Cure t-shirt. The shirts were sold at the TCU Barnes & Noble Book Store for $15, with $6 benefitting Susan G. Komen Greater Fort Worth.Along with the halftime show at TCU, Frogs for the Cure reached out to other college campuses. The hashtag #campusforthecure was promoted at colleges across the country, encouraging people to post pictures to social media to spread breast cancer awareness. Here are some of the entries:[View the story “Frogs for the Cure” on Storify]In addition to the game, Luke Wade and Mia Z will also be performing at a free concert on campus Friday night.“The spirit at this school and how everyone supports each other is just out of this world,” Mia Z said.“There’s this really incredible electricity involved with TCU and TCU football,” Wade said. “You come out here and you see all the current students and the faculty and the alumni, and they’re rallying around each other for tonight. If you can take something like that sense of community and point it toward something as important as cancer awareness, then I think you can achieve greatness. And that’s what Frogs for the Cure has done.” Facebook Kelsey Ritchiehttps://www.tcu360.com/author/kelsey-ritchie/ Linkedin TCU fans came out to the game against West Virginia on October 29, 2015 to watch football and celebrate the Frogs for the Cure event. TCU fans came out to the game against West Virginia on October 29, 2015 to watch football and celebrate the Frogs for the Cure event. Video: cello ensemble closes out semester with winter concert Kelsey Ritchie Rwandan students host commemoration Website| + posts ReddIt Previous articleQuarterback Dylan Thomas on road to recovery following MCL injuryNext articleWomen’s golf wraps up fall season in San Antonio Kelsey Ritchie RELATED ARTICLESMORE FROM AUTHOR Kelsey Ritchiehttps://www.tcu360.com/author/kelsey-ritchie/ Kelsey Ritchie is a junior Political Science and Journalism double major from Tulsa, OK. She is currently serving as the Student Organizations line editor. TCU social work majors go into the field to help support Fort Worth’s homeless
Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community News Top of the News Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday (l to r) PMH Volunteer Council Chair Janet Kadin, PMH Volunteer Honoree Elizabeth Steidel, PMH Director of Collections Laura Verlaque.Elizabeth Steidel, a high school student at Pasadenaâ€™s Westridge School, was honored as the Outstanding Library Volunteer by Pasadena Museum of History at its annual Volunteer Recognition Reception on Saturday, August 24.“I have the honor of presenting this yearâ€™s Mary Borgerding Award for Outstanding Library Volunteer,â€ said Laura Verlaque, the Museumâ€™s Director of Collections. â€œWeâ€™ve been giving this award for many years now, and we have a plaque in the library filled with the names of the distinguished volunteers who have earned this award. These are all people who exemplify the traits of a good archivist: they are methodical, persistent, capable of illuminating leaps of intuition, and above all, they are nosy.â€œThis yearâ€™s awardee exhibits the exact qualities of the previous years, with one notable exceptionâ€¦Lizzie Steidel is 60 years younger than most of them! This Westridge student has faithfully worked in the archives on her Saturdays for more than a year, helping with the research for two exhibitions, wedding dresses and the Civil War. She’s using archival images to prepare a Powerpoint presentation on the history of Pasadena. In addition, Lizzie has organized the Manuscripts Collection and prepared a finding aid to it. This young lady is destined to be the next Librarian of Congress â€¦ or President of the Huntington Libraryâ€¦ or maybe even the Executive Director of PMH! We are privileged to work with her here.â€In 2012, approximately 300 volunteers gave over 10,000 hours of service to Pasadena Museum of History, a contribution valued at nearly $250,000. Most importantly, it is only through our volunteersâ€™ commitment and excellence that the Museum is able to present its award winning exhibitions and programs to children and adults year â€˜round. We are grateful for every minute served. HerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeauty11 Ayurveda Heath Secrets From Ancient IndiaHerbeautyHerbeautyHerbeautyThis Is What Happens To Your Face After DermaplaningHerbeautyHerbeautyHerbeautyGained Back All The Weight You Lost?HerbeautyHerbeautyHerbeautyHow To Lose Weight & Burn Fat While You SleepHerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeauty First Heatwave Expected Next Week EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS More Cool Stuff faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,PCC – EducationVirtual Schools PasadenaDarrell Done EducationHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Business News Community News Education Student Receives Library Volunteer Award from Pasadena Museum of History From STAFF REPORTS Published on Tuesday, August 27, 2013 | 2:52 pm Name (required) Mail (required) (not be published) Website Subscribe Your email address will not be published. Required fields are marked * 10 recommended0 commentsShareShareTweetSharePin it Make a comment Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena
Newsx Adverts RELATED ARTICLESMORE FROM AUTHOR LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Google+ Pinterest Facebook Google+ Almost 10,000 appointments cancelled in Saolta Hospital Group this week Need for issues with Mica redress scheme to be addressed raised in Seanad also IMPACT’s North West spokesperson says health service managers are being set up to fail in Donegal.Health service unions are meeting with senior HSE managers this afternoon to discuss the executive’s budget and service plan.Richie Carrothers of IMPACT says he fears for the future of services across the board, particularly at Letterkenny General Hospital and in the provision of care for the elderly.He says there’s a contradiction between seeking delivery of a comprehensive service plan while demanding that restricitve budgetary constraints be adhered to…………[podcast]http://www.highlandradio.com/wp-content/uploads/2012/03/richi830.mp3[/podcast] Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Twitter Pinterest WhatsApp WhatsApp Twitter Calls for maternity restrictions to be lifted at LUH Guidelines for reopening of hospitality sector published Previous articleWW2 device made safe on Benone BeachNext articleGardai join investigation into Barcelona based currency trading scheme News Highland By News Highland – March 5, 2012 Facebook Unions to be briefed today on HSE finances in Donegal
Top Stories[Breaking] Supreme Court Dismisses Petition Challenging Rahul Gandhi’s Lok Sabha Election For Non-Appearance LIVELAW NEWS NETWORK2 Nov 2020 12:46 AMShare This – xThe Supreme Court on Monday dismissed a petition filed challenging the election of Congress MP Rahul Gandhi from Wayanad constituency in Kerala in the 2019 Lok Sabha elections for default.A bench headed by the Cheif Justice of India dismissed the petition filed by solar-scam accused Saritha S Nair for default due to non-appearance. When the petition was first called out, there was no…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Supreme Court on Monday dismissed a petition filed challenging the election of Congress MP Rahul Gandhi from Wayanad constituency in Kerala in the 2019 Lok Sabha elections for default.A bench headed by the Cheif Justice of India dismissed the petition filed by solar-scam accused Saritha S Nair for default due to non-appearance. When the petition was first called out, there was no appearance. Then the bench passed over the matter. Even when the matter was called again at the end of the board, there was no appearance. Then the bench proceeded to dismiss the petition.The special leave petition filed by Saritha S Nair challenged the judgment passed by the High Court of Kerala on October 31 last year to reject her election petition.The High Court had held that the petition was not filed and verified in the proper format as mandated under Section 83 of the Representation of People Act.”…petitioner has not filed the election petition in accordance with the mandatory requirements of law and is filed in a casual manner without even attesting many of the Annexures, and without properly marking the same”, the HC observed.Further, the HC noted that Saritha S Nair was convicted in two criminal cases for cheating and was therefore disqualified from contesting elections as per Section 8(3) of the RP Act. Hence, the High Court held that her election petition was not maintainable. In fact, her nominations to contest from Ernakulam and Wayanad constituencies were rejected by the Returning Officers on this ground. Though Saritha Nair pointed out that her nomination to contest in Amethi(UP) against Gandhi was accepted by the Returning Officer there, the High Court did not accept this argument holding that she was disqualified from contesting elections.”..the election petitions are dismissed on the ground of incurable defects pointed out above in terms of Sec.86(1) of Act, 1951, and that the petitioner was disqualified from contesting the election in view of the inhibitions contained under Sec.8(3) of Act, 1951, read with Article 102(1)(e) of the Constitution of India”, a bench of Justice Shaji P Chaly of the High Court observed.Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Story
Facebook AudioHomepage BannerNews Google+ RELATED ARTICLESMORE FROM AUTHOR Google+ Pinterest Pinterest Derry draw with Pats: Higgins & Thomson Reaction News, Sport and Obituaries on Monday May 24th Harps come back to win in Waterford WhatsApp Meanwhile, Cllr Noel Jordan has been elected as Leas-Cathaoirleach.He’s hoping to bring tourism in south Donegal into focus during his tenure:Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2020/06/jordanweb.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Twitter By News Highland – June 17, 2020 Twitter FT Report: Derry City 2 St Pats 2 Cllr Rena Donaghey elected Cathaoirleach of Donegal County Council DL Debate – 24/05/21 WhatsApp Cllr Rena Donaghey has been officially installed as the new Cathaoirleach of Donegal County Council.Cllr Donaghey replaces fellow Inishowen Cllr Nicholas Crossan in the role and is the first female Fianna Fáil member to do so.The Buncrana based Cllr was proposed by Cllr Ciaran Brogan and seconded by Cllr Paul Canning.Speaking at the Councils annual AGM in the Aura Leisure Centre today, Cllr Donaghey says while she’s taking up the position in what is a challenging time for all, she’s looking forward to the year ahead:Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2020/06/renalong.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Previous articleAugust 27th European date for Derry CityNext articleMain Evening News, Sport and Obituaries Wednesday June 17th News Highland Facebook Important message for people attending LUH’s INR clinic