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Source: www.marketwire.com --- 11 days ago
SALT LAKE CITY, UT (MARKET WIRE) EnergySolutions, Inc. (NYSE: ES) announced today Robert A. Whitman and J. Barnie Beasley, Jr. have been appointed as Independent members of the Board of Directors. EnergySolutions also announced that Alan Goldberg, Robert Lindsay and Robert Roriston, each of whom is a partner of Lindsay Goldberg, the former controlling shareholder of EnergySolutions, have resigned effective October 1, 2008. The foregoing resignations and appointments are steps in the Company's transition to a Board comprised of a majority of Independent Directors. ... Source: seekingalpha.com --- 33 days ago
Research Recap submits: A new working paper* challenges the widely held view that appointments of Independent Directors add objectivity to the board of a firm. The paper tests the hypothesis that firms appoint Independent Directors who are overly sympathetic to management, while still technically Independent according to regulatory definitions. It explores a subset of Independent Directors whose views regarding the firm prior to being appointed to the board: sell-side analysts who end up serving on the board of companies they previously covered. Complete Story » ... International Shipholding Independent Directors to consider buyout offer from Liberty Shipping Group
Source: blog.al.com --- 31 days ago
International Shipholding Corp. said this afternoon that it would form a committee of Independent Directors to review a $308 million buyout offer from Liberty Shipping Group LLC. The Mobile-based firm said its board of Directors voted unanimously to create the... ... Source: www.businessweek.com --- 5 days ago
The House of Representative's Committee on Oversight and Government Reform is in the midst of its hearing on the decline of American International Group . The picture emerging is one of a far-too Independent Financial Products group ( AIGFP ), home to the credit default swap business that eventually drew the insurer to the brink of bankruptcy, a board of Directors that had been warned by the company's auditor about problems valuing those contracts, and management that had very little clarity about just how much AIG was on the hook for. There's plenty here to fuel taxpayer anger over government aid to Corporate America. Exhibit A: a $443,343.71 bill for a subsidiary's executive retreat taken just days after the New York Fed came to the company's rescue with an emergency $85 billion line of credit. Hosted at the St. Regis Resort Monarch Beach in Dana Point, California, the event racked up nearly $7,000 in golf fees and $23,280.00 was spent at the Spa Gaucin , where massages start at $175 and facials can cost as much as $350. Equally damning, the termination agreement with the former head of AIGFP, Joseph T. Cassano , outlining a 9-month consulting contract under which he continues to be paid $1 million a month. Of deeper concern are a series of questions answered for the Committee by a man named Joseph W. St. Denis, vice president of accounting policy at AIG Financial Products from June 2006 until his unhappy departure in October 2 ... Source: philadelphia.bizjournals.com --- 11 days ago
Nobel Learning Communities Inc. said Thursday its board of Directors has authorized a committee consisting solely of Independent Directors to evaluate Knowledge Learning Corp.’s bid to buy it. (NLCI) ...
Source: www.chron.com --- 39 days ago
TNK-BP CEO Robert Dudley will step down by the end of the year, the partners said today in e-mailed statements. The shareholders will also examine selling shares in a unit of TNK-BP Ltd., to boost the company's market value, and will bring three Independent Directors onto the board. ... Source: www.baltimoresun.com --- 37 days ago
Indie film pulls nothing interesting out of the bag A highly touted example of the "mumblecore" movement, known for peanut-size budgets, improvisation and prolonged handheld takes, Baghead is at best disarming. The co-Directors and co-writers, Jay and Mark Duplass, appear to be saying, "Hey, we are the new emperors of the Independent cinema. And guess what? We have no clothes." ... Source: wire.ggl.com --- 6 days ago
GGL and Lionsgate Home Entertainment have teamed up again to bring you three Ghost House Underground contests! Ghost House Underground is a collection of eight Independent horror movies by cutting edge Directors and actors. Prizes for the contests include copies of Ghost House Underground DVDs and Dead Space for the Xbox 360. There are three contests, all [...] ... Source: www.nzherald.co.nz --- 11 days ago
US hedge fund Elliott International has today failed to get two Independent Directors elected to the Telecom board. Telecom said shareholders voted to re-elect Directors Rod McGeoch and Kevin Roberts. The nominees put forward by... ... Source: www.teamxbox.com --- 11 days ago
TakeTwos Board of Directors has determined that it is in the best interests of stockholders to conclude its review of strategic alternatives and to continue operating and building TakeTwo as an Independent company. ...
Source: blip.tv --- 4 days ago
Independent World Cinema GLOBAL Indy Filmmakers Buy Independent Films on DVD WWW.FILMBAY.COM Filmbay Sundance, Raindance, Slamdance, Moondance etc. others. About Filmbay: self-distribute your own films online keep all rights maximize your sales profit pitch your latest project be your own agent option your film, script, music buy and sell Independent films & music showcase your film, script, music, acting, artwork publish your essay, MA & Phd thesis online chat with filmmakers communicate & collaborate For Writers, Actors, Directors, Producers,Music Composers, Artists and everybody interested in the World of Film. FILMBAY http://www.filmbay.com/ ... Source: www.femalefirst.co.uk --- 6 days ago
The Raindance Film Festival 2008, which is a true celebration of indie cinema, is in full swing in London storming into it's second week. The largest Independent film festival in the country this year's Raindance is celebrating a string of established actors and Directors as well as introducing audiences and critics to a wealth of new and interesting talent. ... Source: www.actiontrip.com --- 10 days ago
In mid September Electronic Arts announced it has given up its hostile Take-Two bid. Meanwhile, Take-Two has its own agenda. After detailed discussions with various interested parties over the last five months, Take-Two's Board of Directors concluded its review of strategic alternatives and decided to continue operating and building Take-Two as an Independent company. ... Source: public.icann.org --- 3 days ago
As a part of ongoing consultations between the At-Large community and the At-Large Review Working Group established by the Board of Directors, the attached report was transmitted by the ALAC as part of the public consultation on the Final Report of the Independent Reviewers of the ALAC. The report provides a synthesis of the views of the At-Large community worldwide. ... Source: blogs.knoxnews.com --- 5 days ago
An owner of Jefferson Bancshares plans to ask shareholders for approval of a resolution that calls for a sale or merger of the Morristown-based lender. According to a proxy statement , Mark Jaindl has told the company he plans to introduce a proposal at the Oct. 30 annual meeting that calls for the company to retain an investment bank to solicit offers for the company and to establish a committee of Independent Directors to recommend the best available offer to acquire the company. ...
Source: mybroadband.co.za --- 41 days ago
Telkom strengthens its Board with two new Independent non-executive Directors ...
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It's been a tough couple of months for Take-Two Interactive . Ever since EA revealed their plans of wanting to take over T2, it's been nothing but a test of patience for both companies. And what happened when the whole acquisition offer ended up in a stalemate? Both Take-Two and EA's stock shares plummeted. So today, T2's busy with damage control. They just published a press release to reaffirm to everyone (most especially investors) that they're still a strong company and will remain an Independent company. The following quote comes from T2 Chairman Strauss Zelnick after reviewing their company's strategic alternatives: Take-Two s Board of Directors and management have a clear mandate from stockholders to maximize value. We are strongly positioned creatively, financially and competitively to benefit from the opportunities we see in the fastest growing segment of the entertainment industry. Our management and outstanding and talented employees have maintained an unwavering focus on our products and our business through this lengthy strategic review process and we are confident in our prospects. We remain focused on maximizing value for stockholders and are executing on our business strategies in a determined manner Meanwhile, CEO Ben Feder had this to say as well: Take-Two s recent performance demonstrates our potential to create value for the long term. We have delivered solid financial results and expanded our portfolio of lead ...
For a while there, it seemed like Take-Two would be bought by EA. And if not by EA, then they'd either be bought, or be merged with, somebody . Guess they had a change of heart! Because they've just released a statement saying that they'll be going it alone: Following detailed discussions with various interested parties over the last five months, Take-Two's Board of Directors has determined that it is in the best interests of stockholders to conclude its review of strategic alternatives and to continue operating and building Take-Two as an Independent company. Reason being that, since GTA IV came out, things have been going so well that they figure they can survive those single friday nights at home, alone, wth nothing but a bottle of red and a mangy old cat for company. New York, NY – October 2, 2008 – Take-Two Interactive Software, Inc. (NASDAQ:TTWO) announced today that it has completed its review of strategic alternatives for the Company. Following detailed discussions with various interested parties over the last five months, Take-Two's Board of Directors has determined that it is in the best interests of stockholders to conclude its review of strategic alternatives and to continue operating and building Take-Two as an Independent company. "Take-Two's Board of Directors and management have a clear mandate from stockholders to maximize value," said Strauss Zelnick, Chairman of the Board of Take-Two. "We are strongly positioned ...
Surprise! The bailout includes unrelated giveaways to the undeserving rich! Hollywood would get a little unexpected boost from the proposed $700-billion bailout of the nation's financial system. The bill wending its way through Congress would provide tax breaks worth more than $470 million over the next decade for movie and TV producers that shoot in the U.S. My favorite bit from the L.A. Times story : Representatives of the Motion Picture Assn. of America, the Directors Guild of America and the Independent Film and Television Alliance, which backed the measures, said it was premature to comment because they had not been approved. Like Congress, apparently, the MPAA doesn't want to get in the way of legislation by discussing it before it passes. ...
Tinderbox Music Deadline: Jan 15, 2009 at 11:59 PM Eastern Time Tinderbox Music is a Minneapolis based promotions firm which specializes in Independent and label opportunities for music. Their dedicated staff have been working deep inside music for well over a decade. Tinderbox Music pursues press, tour support, music licensing and distribution for hundreds of acts each year. Fundamentally however, the company services and tracks airplay on over five hundred college and community radio stations . National airplay solicits typically last eight weeks and are fully supported throughout the campaign. Additionally, the company acts as a liaison to, and as a charter service for, many Independent labels and digital music aggregators. Tinderbox is preeminently hired to service the music Directors captaining radio stations with music (a CD, yes still) that they'll embrace. Their goal is to find the three to four best acts for each weekly radio station "Add" and represent them to both college and community radio. With the merging of corporate commercial radio there are not a lot of choices for Independent artists anymore. Factor in that even the majors now aggressively service (CMJ) stations and it's quite crowded. That's where enlisting Tinderbox's help makes a lot of sense. Why does airplay matter for burgeoning artists? Because "story" and "buzz" matter. Thanks to technology the number of people making broadcast quality music has swelled. Hec ...