#Ortelius advisors update
Verisk Analytics (VRSK) provided an update on strategic review and planned separation of Energy business, with input from D.E. Trecora Resources (TREC) activist Ortelius Advisors issued an open letter in proxy letter, calling for new directors and exploration of alternatives ( Letter, Response ) Republic First Bancorp (FRBK) beneficial owner George Norcross sent a letter to the Board expressing concern with the lack of dialogue ( Filing ) Ortelius Travel Advisors will help you plan extraordinary, bespoke adventures around the world. Lazydays (LAZY) shareholder Kanen Wealth Management called for the Company to further evaluate M&A proposals ( Press Release ) Huntsman (HUN) defeated Starboard’s board challenge ( Reuters )
GMS (GMS) 13D filer Coliseum Capital raised its stake to 12.8% ( Filing ) Xerox (XRX) deal speculation heightened as Chairman, Director step down ( Press Release ) Carl Icahn owns 17% and previously backed takeover of HP (HPQ)Ītento (ATTO) activist Kyma Capital issued a letter calling on the company to immediately explore strategic alternatives with the goal of selling the company ( Filing )īed Bath & Beyond (BBBY) announced a cooperation agreement with Ryan Cohen Company to add three new Directors to the Board and explore alternatives for buybuy BABY ( Filing )Ĭonstellation Energy (CEG) gained as Corvex Management disclosed ownership stake ( Seeking Alpha ) painter and patron as well as two artistic advisors, Rotarius and Ortelius.
#Ortelius advisors full
Turtle Beach (HEAR) activist Donerail Group nominated a full slate of candidates in the proxy contest ( Filing ) Citron Research says a takeover is imminent ( Twitter ) Friendship, Art and Erudition in the Network of Abraham Ortelius (1527-1598). Switch (SWCH) has hired advisors and is reportedly considering a sale ( Bloomberg ) Southwest Gas (SWX) investor Carl Icahn extended his tender offer deadline and removed the regulatory approval condition on the offer ( Filing ) Paramount Group (PGRE) rejected Monarch Alternative Capital’s $12 / share takeover proposal ( Press Release ) Nielsen (NLSN) rejected a $25.40 / share takeover offer and plans to commence share buyback ( Press Release ) Elliott and Brookfield Asset Management (BAM) are weighing an increased offer ( Bloomberg ) Summary 13D/G Insider (Form 4) Contact Info ortelius advisors, l.p. The firm has no submitted 13F filings and does not appear to be an investment advisor. SUGAR LAND, Texas, Ma/PRNewswire/ - Trecora Resources ('Trecora' or the 'Company') (NYSE: TREC), a leading provider of specialty hydrocarbons and waxes, today issued the following statement regarding Ortelius Advisors' ('Ortelius') letter to Trecora stockholders yesterday: 'Trecora's Board of Directors and management team are. Kohl’s (KSS) continues to engage with select bidders ( Press Release ) with Hudson’s Bay the purported front runner ( NY Post ) Macellum continues proxy battle ( Filing ) NEW YORK, NY How do I update this listing Create Email Alert Ortelius Advisors is based out of New York. The senior-living industry has been hit hard by the pandemic, both because many nursing homes suffered COVID-19 outbreaks and because occupancy rates dropped last year.HomeServe (LSE: HSV) surged as Brookfield Infrastructure (BIP) announced its considering a possible takeover offer ( Press Release )
Ortelius has also lined up a term sheet for a $46 million bridge loan for Capital Senior Living, in case the company prefers supplemental debt financing.Įarlier this summer Capital Senior Living unveiled the plan with Conversant Capital and said that Conversant had agreed to backstop an associated rights offering and issue additional debt at a 15% interest rate. 12.Įarlier this month, activist investor Ortelius Advisors, which owns roughly 13% of Capital Senior Living, also offered to provide a near-term cash infusion to avoid the plan with Conversant, which Ortelius says would harm shareholders. The company on Wednesday pushed its shareholder meeting to Oct. Shareholders will vote on the proposed financing deal with Conversant next month. The sources said Invictus is ready to discuss its proposal with the company. HOMEABOUT ORTELIUSMANAGEMENTLEGALCONTACTMoreWELCOME TO ORTELIUS Ortelius, an alternative investment group specializing in hedge funds and private equity, was. The sources said Invictus’ proposal would provide the company with $150 million in capital at a lower cost than its current plan but did not provide details. Invictus, an Austin-based firm that specializes in debt financing, is the latest Capital Senior Living shareholder to offer cash in order to help scuttle the company’s plans to raise capital through a private placement of convertible preferred stock to Conversant Capital.
BOSTON (Reuters) – Invictus Global Management, a large shareholder in Capital Senior Living Corp, is ready to offer alternative financing to the company’s proposed fund-raising plans, two sources close to the credit fund said on Wednesday.
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