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Anonymous ID: 5b4f83 April 7, 2020, 7:25 a.m. No.8713129   🗄️.is đź”—kun   >>3159 >>3448

White House Press Secretary Stephanie Grisham Reportedly Out, Set to Return to East Wing

 

White House Press Secretary Stephanie Grisham is leaving the job and becoming First Lady Melania Trump's chief of staff, said a CNN report on Tuesday. New White House Chief of Staff Mark Meadows is shaking up the communications team and considering several candidates for press secretary, including Trump campaign spokesman Kayleigh McEnany, the report added. President Donald Trump has been acting as his own press secretary, conducting daily coronavirus briefings. Grisham has never briefed the press.

https://www.marketwatch.com/story/white-house-press-secretary-is-leaving-job-report-2020-04-07

Anonymous ID: 5b4f83 April 7, 2020, 7:33 a.m. No.8713173   🗄️.is đź”—kun   >>3448

WING53 C-560 from Cheyenne Regional Airport se this came from JB Lewis-McCord yesterday and started Dobbins with ground stops in Alexandria, LA. Grand Junction Colorado, and JB Lewis-McCord before landing at Cheyenne

Anonymous ID: 5b4f83 April 7, 2020, 7:51 a.m. No.8713265   🗄️.is đź”—kun

WeWork sues SoftBank after $3-billion tender offer falls through

 

WeWork’s owner, The We Company, has sued SoftBank Group, challenging its largest shareholder’s decision to terminate a $3 billion tender offer for shares in the office-space sharing firm. An independent two-member special committee of The We Company’s board filed the lawsuit, saying that SoftBank had breached its contractual obligations by abandoning the tender offer.

 

“The Special Committee regrets the fact that SoftBank continues to put its own interests ahead of those of WeWork’s minority stockholders,” it said in the lawsuit filed in the Chancery Court of Delaware.

 

Last week, SoftBank said it terminated the proposed tender offer for additional WeWork shares, citing criminal and civil probes into the startup, its failure to restructure a joint venture in China and the impact of the coronavirus pandemic.

 

WeWork has been hit particularly hard by the outbreak, as its occupancy rates have plunged over the past month and its largest clients have been forced to vacate.

 

WeWork, however, has said it has enough cash and cash commitments to execute its five-year plan and manage the challenges posed by the coronavirus crisis.

 

In the lawsuit, which was widely expected after the tender offer fell through, the special committee called SoftBank’s decision to terminate the tender offer “wrongful” and alleged that SoftBank had breached its obligations under the master transaction agreement (MTA).

 

“SoftBank’s failure to consummate the tender offer is a clear breach of its contractual obligations under the MTA as well as a breach of SoftBank’s fiduciary obligations to WeWork’s minority stockholders, including hundreds of current and former employees,” the special committee said.

 

The tender offer, which would have mostly benefited a select group of shareholders, including ousted co-founder Adam Neumann, had been agreed in October as part of a bailout plan by SoftBank after WeWork’s IPO plans imploded.

https://www.reuters.com/article/us-wework-softbank-lawsuit/wework-sues-softbank-after-3-billion-tender-offer-falls-through-idUSKBN21P1RF

Anonymous ID: 5b4f83 April 7, 2020, 8:11 a.m. No.8713363   🗄️.is đź”—kun   >>3448 >>3501

Carnival Cruise Lines bought by Mile26 Capital LP: $10m-Apr 6

 

Represents trust shares (the "Trust Shares") of beneficial interests in P&O Princess Voting Trust (the "Trust"). In connection with the dual listed company transaction between Carnival plc (f/k/a P&O Princess Cruises plc) and Carnival Corporation (the "DLC Transaction"), Carnival plc issued one special voting share to the Trust and, following a series of transactions, the Trust Shares were distributed to holders of common stock of Carnival Corporation (the "Carnival Corporation Common Stock"). Since completion of the DLC Transaction on April 17, 2003, if Carnival Corporation issues Carnival Corporation Common Stock to a person, the Trust will issue an equivalent number of Trust Shares to such person. The Trust Shares are paired with shares of Carnival Corporation Common Stock and are represented by the same stock certificate. The Trust Shares represent a beneficial interest in the Carnival plc special voting share.

 

Mile26 Holdings Llc is a domestic entity serving as General Partner for Mile 26 Capital LP, a hedge fund company. Mile26 Holdings Llc has an ownership stake in Mile 26 Capital LP of less than 5%.

 

Randall John Weisenburger founded Mile 26 Capital LP. He is Managing Partner at this company. He is also Managing Member at The Altus One Fund, Inc., Managing Member at Mile26 Capital LLC and Member-Overseers Board at The Wharton School of the University of Pennsylvania and on the board of 8 other companies. In his past career Mr. Weisenburger occupied the position of CFO, Executive VP & Head-Investor Relations at Omnicom Group, Inc., Founding Member at Wasserstein Perella & Co., Inc. and Member of First Boston Corp.

https://www.finviz.com/insidertrading.ashx?oc=1031609&tc=7&b=2

http://www.mile26capital.com/