WITT O’BRIEN’S PROCESSES NEARLY $250 MILLION IN RENTAL ASSISTANCE SINCE THE PROGRAM’S LAUNCH WASHINGTON, Aug. 17, 2021 (GLOBE NEWSWIRE) -- , (“Witt O’Brien’s”), a subsidiary of . (“SEACOR”), announced today that it has assisted more than 68,000 households with emergency rental assistance applications representing nearly $250 million in disbursed aid. Since the launch of the U.S. Department of the Treasury’s Emergency Rental Assistance Program (ERAP) in January 2021, Witt O’Brien’s has been actively working with state entities, large local governments, and numerous small-to-mid sized gran...
SEACOR Holdings Inc. Announces Acquisition of U.S. Shipping Corp FORT LAUDERDALE, Fla., Aug. 13, 2021 (GLOBE NEWSWIRE) -- SEACOR Holdings Inc. (“SEACOR” or “the Company”) announced today the completion of its acquisition of U.S. Shipping Corp (“USSC”), a privately owned, leading provider of long-haul marine transportation for chemical and petroleum cargoes in the U.S. coastwise trade, operating under the Jones Act. The transaction closed on August 13, 2021. “We welcome the USSC team into the growing SEACOR family and look forward to their continued success,” says Eric Fabrika...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
WITT O’BRIEN’S LAUNCHES CO:RE™ THE FIRST CORPORATE RESILIENCE PROGRAM SPECIFICALLY DESIGNED FOR MEDIUM-SIZED COMPANIES WASHINGTON and LONDON and SINGAPORE, May 12, 2021 (GLOBE NEWSWIRE) -- , (“the Company”), announced today the launch of CO:RETM, a managed service that is built on the firm’s decades of crisis management experience across sectors and globally. CO:RETM integrates business continuity, crisis management, and crisis communications. It provides a tailored resilience program for mid-sized firms seeking to protect their staff, clients, and enterprise value in the face of increa...
Witt O’Brien’s and BC Management Announce Results of Annual Event Impact Management Study Analyzing Effect of Crisis Events on Organizations WASHINGTON, May 03, 2021 (GLOBE NEWSWIRE) -- (“the Company”), announced the results of the in partnership with the study’s owner, , . The study assessed how organizations prepare for events and how those events impacted organizations during 2020. “We’re confident this year’s study featured a well-balanced inquiry across corporate resilience, business continuity, crisis communications, and crisis management. The resulting survey data is highly i...
WITT O’BRIEN’S PROUDLY SUPPORTING MORE THAN 80 STATE AND LOCAL GOVERNMENTS WITH THEIR COVID-19 RESPONSE WASHINGTON, April 19, 2021 (GLOBE NEWSWIRE) -- , a subsidiary of (“SEACOR”), has now partnered with over 80 state and local governments in support of their COVID-19 relief efforts. These include six states and territories, as well as cities and counties across the United States. “We thank our clients for the trust they have placed in our team to help them operationalize approximately $8 billion in federal funding under the Coronavirus Aid, Relief, and Economic Security (“CARES”) A...
SEACOR HOLDINGS INC. ANNOUNCES COMPLETION OF TAKE PRIVATE TRANSACTION WITH AMERICAN INDUSTRIAL PARTNERS FORT LAUDERDALE, Fla. and NEW YORK, April 15, 2021 (GLOBE NEWSWIRE) -- SEACOR Holdings Inc. (“SEACOR” or the “Company”) and American Industrial Partners (“AIP”) today announced the completion of the acquisition of SEACOR by AIP and its affiliates following their receipt of 70.4% of outstanding shares validly tendered as of the expiration time of the tender offer. “Today marks an important milestone for SEACOR. I am confident in the Company’s smooth transition to a private company and...
SEACOR HOLDINGS INC. ANNOUNCES FUNDAMENTAL CHANGE PURCHASE OFFER TO PURCHASE ITS 2.50% CONVERTIBLE SENIOR NOTES DUE 2027 3.25% CONVERTIBLE SENIOR NOTES DUE 2030 FORT LAUDERDALE, Fla., April 15, 2021 (GLOBE NEWSWIRE) -- SEACOR Holdings Inc. (“SEACOR” or the “Company”), today announced that, in connection with the completion of the merger between Safari Merger Subsidiary, Inc., a Delaware corporation (“Merger Sub”) and the Company, with the Company emerging as the surviving corporation (the “Merger”), the Company has commenced a Fundamental Change Purchase Offer (the “Fundamental Change Pur...
SEACOR HOLDINGS INC. ANNOUNCES REDEMPTION OF 2.50% CONVERTIBLE SENIOR NOTES DUE 2027 FORT LAUDERDALE, Fla., April 15, 2021 (GLOBE NEWSWIRE) -- SEACOR Holdings Inc. (“SEACOR” or the “Company”) today announced that it has issued a notice of redemption (the “Redemption Notice”) to holders (“Holders”) of its 2.50% Convertible Senior Notes due 2027 (CUSIP No. 811904 AM3) (the “Notes”) for the outstanding principal amount of any and all such Notes. The Notes will be redeemed on May 17, 2021 (the “Redemption Date”). The redemption price for the Notes is equal to 100% of the principal amount of ...
SEACOR HOLDINGS BOARD REAFFIRMS SUPPORT FOR $41.50 TENDER OFFER FORT LAUDERDALE, Fla., March 25, 2021 (GLOBE NEWSWIRE) -- The board of directors of SEACOR Holdings Inc. (NYSE: CKH) reiterated its recommendation that stockholders accept the $41.50 tender offer by an affiliate of American Industrial Partners being made pursuant to the Merger Agreement dated December 7, 2020. As of the most recent expiration on March 19, 2021, the Purchaser indicated approximately 54.5% of the outstanding shares had been tendered, demonstrating support for the transaction from more than a majority of SEACOR...
SEACOR Holdings Announces Results for the Fourth Quarter Ended December 31, 2020 FORT LAUDERDALE, Fla., Feb. 19, 2021 (GLOBE NEWSWIRE) -- SEACOR Holdings Inc. (NYSE:CKH) (the “Company”) today announced its results for the fourth quarter ended December 31, 2020: Net income attributable to stockholders for the quarter ended December 31, 2020 was $10.8 million ($0.52 per diluted share) compared with a net loss of $(1.9) million ($(0.10) per diluted share) for the quarter ended December 31, 2019.Operating income for the quarter ended December 31, 2020 was $13.3 million compared with $2.6 mil...
SEACOR HOLDINGS STATEMENT REGARDING PENDING AMERICAN INDUSTRIAL PARTNERS TENDER OFFER FORT LAUDERDALE, Fla., Jan. 19, 2021 (GLOBE NEWSWIRE) -- SEACOR Holdings Inc. (NYSE:CKH) released the following statement today: This response is to the January 11, 2021 letter from T. Rowe Price (hereinafter “T. Rowe”) addressed to our Board of Directors regarding the pending tender offer (the “Offer”) by American Industrial Partners (“AIP”) to acquire 100% of the shares of SEACOR Holdings Inc. (“SEACOR”), and explains why SEACOR disagrees with T. Rowe’s conclusions and why the Board continues to r...
A director at Seacor Holdings Inc sold 10,182 shares at 41.593USD and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cle...
Seacor Holdings Announces Take Private Transaction With American Industrial Partners Valuing the Company at Approximately $1 Billion Fort Lauderdale, Fla., Dec. 07, 2020 (GLOBE NEWSWIRE) -- SEACOR Holdings Inc. (NYSE:CKH) (“SEACOR” or the “Company”) today announced that it has entered into a definitive agreement with an affiliate of American Industrial Partners (“AIP”), a New York-based private equity firm that focuses on buying, improving, and growing industrial businesses, to take the company private. The all-cash transaction is valued at approximately $1 billion, including net debt. ...
SEACOR Holdings Announces Results for the Third Quarter Ended September 30, 2020 FORT LAUDERDALE, Fla., Oct. 29, 2020 (GLOBE NEWSWIRE) -- SEACOR Holdings Inc. (NYSE:CKH) (the “Company”) today announced its results for the third quarter ended September 30, 2020: Net income attributable to stockholders for the quarter ended September 30, 2020 was $3.2 million ($0.16 per diluted share) compared with $6.4 million ($0.32 per diluted share) for the quarter ended September 30, 2019.Operating income for the quarter ended September 30, 2020 was $5.6 million compared with $12.5 million for the q...
Summary Marketline's Phi Inc. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Phi Inc. since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growt...
WITT O’BRIEN’S AND BC MANAGEMENT ANNOUNCE LAUNCH OF ANNUAL EVENT IMPACT MANAGEMENT STUDY WASHINGTON, Oct. 26, 2020 (GLOBE NEWSWIRE) -- , a subsidiary of (NYSE: ) (“SEACOR”), announced today that it will be an official sponsor of the 9th Annual Event Impact Management Study and will partner with the owner of the study, , a division of . The study assesses how organizations prepare for events and how those events impact organizations. The findings will highlight activation of business continuity plans, impacts to business and personnel, downtime experienced, overall financial loss, and...
Seacor Holdings Inc. Initiates Redemption of 3.00% Convertible Notes Due 2028 FORT LAUDERDALE, Fla., Aug. 14, 2020 (GLOBE NEWSWIRE) -- SEACOR Holdings Inc. (NYSE:CKH) (“SEACOR” or the “Company”) today announced that it has initiated a redemption for all of its outstanding 3.00% Convertible Notes due 2028 (the “Notes”). The Notes will be redeemed on September 14, 2020 (the “Redemption Date”), at a redemption price equal to 100.00% of the Notes being redeemed, plus accrued and unpaid interest to, but excluding, the Redemption Date (the “Redemption Price”). Notes held through DTC should...
SEACOR Holdings Announces Results for the Second Quarter Ended June 30, 2020 FORT LAUDERDALE, Fla., July 27, 2020 (GLOBE NEWSWIRE) -- SEACOR Holdings Inc. (NYSE:CKH) (the “Company”) today announced its results for the second quarter ended June 30, 2020: Net income attributable to stockholders for the quarter ended June 30, 2020 was $7.9 million ($0.39 per diluted share) compared with $14.6 million ($0.76 per diluted share) for the quarter ended June 30, 2019. The prior year quarter included $10.5 million ($0.53 per diluted share) of net mark-to-market gains on marketable securities.Oper...
AMH OFFSETS CARBON EMISSIONS FROM CONTAINER ON BARGE SERVICE FORT LAUDERDALE, Fla., June 24, 2020 (GLOBE NEWSWIRE) -- SCF Marine Inc. (“SCF”), a subsidiary of SEACOR Holdings Inc. (NYSE: CKH), announced that its container on barge service, operated by SEACOR AMH (“AMH”), is participating in a 12-month accredited U.S.-based carbon offset program starting June 2020. “Through this initiative, diesel carbon emissions from AMH’s container service and the St. Louis, Memphis, and Port Allen terminals will be offset to achieve carbon neutrality, a benefit AMH is proud to extend to its direct and...
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