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Day: January 1, 2021

Tribune Publishing Company Announces Designation of Special Committee of its Board of Directors

CHICAGO, Dec. 31, 2020 (GLOBE NEWSWIRE) — Tribune Publishing Company (NASDAQ:TPCO) today announced that it has designated a special committee of its Board of Directors to act on behalf of the Company in respect of the acquisition proposal made by Alden Global Capital on December 14, 2020. The special committee consists of three independent members of the Board of Directors. The special committee has engaged Lazard as its financial advisor and Davis Polk & and Wardwell LLP as its legal counsel.No assurance can be given that Alden’s proposal, or any other transaction, will be consummated. The Company does not intend to disclose developments regarding these matters unless and until the special committee its Board of Directors determines there is a need to update the market.About Tribune Publishing CompanyTribune Publishing Company...

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エンスター・グループ・リミテッド、コンチネンタル・カジュアルティ・カンパニーのレガシー労働災害補償エクセス保険事業に関連する6兆9,000万ドルの再保険を発表

バミューダ諸島ハミルトン発 , Jan. 01, 2021 (GLOBE NEWSWIRE) — エンスター・グループ・リミテッド (Enstar Group Limited、以下「エンスター」) (NASDAQ: ESGR) は本日、同社の完全子会社が、コンチネンタル・カジュアルティ・カンパニー (Continental Casualty Company、以下「CNA」) との間で、労働災害補償エクセス保険事業に関連するレガシーポートフォリオの再保険を締結したことを発表した。この取引では、エンスターの子会社は2007年およびそれ以前の保険事業に関連する約6億9,000万ドル (約711億円) 相当の総保険準備金を引き受ける。取引完了には、規制当局の承認およびその他の締結条件を満たすことが求められる。エンスターのチーフ・エグゼクティブ・オフィサーであるドミニク・シルベスター (Dominic Silvester) は次のように述べた。「業界のリーダーであるCNAのパートナーとなる本日の合意によって、当社は、当社が豊富な経験を持ち、成功裏に管理してきた事業分野である、米国労働災害補償エクセス保険のレガシー準備金のポートフォリオを拡大することになります」エンスターについてエンスター (Enstar) は、バミューダ諸島、米国、英国、欧州大陸、オーストラリア、その他の国際拠点にあるグループ企業ネットワークを通じて、画期的な資本リリースソリューションを提供する、NASDAQ上場の大手グローバル保険グループである。同社は、レガシー買収のマーケットリーダーとして、2001年の創業以来、100社を超える企業やポートフォリオを買収してきた実績を持つ。エンスターに関する詳細については、www.Enstargroup.comを閲覧されたい。注意事項本プレスリリースには、1995年米国証券民事訴訟改革法 (Private Securities Litigation Reform...

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Aravive Announces Board Member Transition to Advisory Role

HOUSTON, Dec. 31, 2020 (GLOBE NEWSWIRE) — Aravive, Inc. (Nasdaq: ARAV), a clinical-stage oncology company developing transformative therapeutics, today announced that Dr. Ray Tabibiazar will be stepping down from the Aravive Board of Directors but will remain an advisor to the company, effective December 31, 2020. This transition will allow Dr. Tabibiazar to focus on a new venture.Dr. Tabibiazar co-founded private Aravive Biologics and served as the Chairman of its board of directors and as President and Chief Executive Officer from its inception to April 2017 and as Executive Chairman from May 2017 until October 2018. During that time, he led Aravive Biologics through a reverse merger with Versartis, Inc., to form the combined company, Aravive, Inc. Dr. Tabibiazar remained on the Board of Aravive, Inc. since October 2018.“On...

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