Latest Israel Corp (IRLCF) Headlines 50% Surg
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50% Surge in Hidden Corporate Spinoffs (e.g. BG Group, Dow Chemical, Kimberly-Clark, The Israel Corp, Starwood Property) says The Spinoff Report(R)
Business Wire - Tue Jan 21, 12:12PM CST
Misunderstood opportunity is behind the select global Spinoff stocks that have significantly outperformed the S&P 500 by over 5x in 6 years. The average investor holds more risk in either missing an upcoming Spinoff or buying the wrong stock.
TowerJazz Announces Successful Completion of Its Rights Offering
Business Wire - Sun Jun 30, 2:00AM CDT
--Israel Corporation, a Major Shareholder, has Invested $7 Million to Exercise Rights and has Committed to Exercise all of its Series 8 Warrants for Additional Proceeds of $10 Million by July 22, 2013
TowerJazz Announces Terms of Equity Rights Distribution
Business Wire - Mon Jun 03, 10:05AM CDT
Tower Semiconductor Ltd. (NASDAQ: TSEM)(TASE: TSEM), the global specialty foundry leader, announced the terms of its previously announced proposed rights offering to its security holders. All of the Company's stakeholders, including shareholders, warrant holders, capital note holders and option holders, but excluding holders of Series 7 Warrants and Series F bonds (collectively, "eligible security holders"), as of the record date, June 13, 2013, are entitled to participate in the rights offering. Holders of the Series 7 Warrants and Series F bonds will be entitled to an adjustment in the number of shares underlying such securities following the offering in accordance with the terms of those securities.
Israel Corporation Has Elected to Convert All of Its TowerJazz Capital Notes into Ordinary Shares
Business Wire - Mon Mar 25, 7:00AM CDT
TowerJazz, the global specialty foundry leader, today announced that the Israel Corporation, its major shareholder, has elected to convert all its capital notes into approximately 13.7 million ordinary shares of the Company. IC stated in its recent annual report filed on March 21, 2013 that it has no intention to trade or sell the ordinary shares it holds, totaling approximately 39% of the Company's ordinary shares.