Hc2 Holdings Inc. (HCHC) 4.3700 $HCHC
Novatel Wireless Announces Strategic Investment from HC2
Business Wire - Mon Sep 08, 3:15PM CDT
Novatel Wireless, Inc. (NASDAQ: NVTL, the "Company"
, a leading provider of Internet of Things, today announced that it has completed a transaction with HC2 Holdings 2, Inc. ("HC2" , a wholly owned subsidiary of HC2 Holdings, Inc. (HCHC), for a strategic investment in the Company. In exchange for a combination of common stock, warrants and convertible preferred stock, HC2 will invest up to an aggregate of approximately $23.7 million in the Company, comprised of an initial cash investment of approximately $14.4 million, which was funded today, and up to another $9.3 million if the warrants are exercised for cash. HC2's initial ownership stake in the outstanding common stock of the Company is approximately 17%. When and if the preferred stock is fully converted, HC2's ownership is expected to increase to approximately 18% and when and if both the preferred stock is fully converted and the warrants are fully exercised, HC2's ownership stake is expected to increase to approximately 25%, both percentages based on the Company's current outstanding shares. In connection with its investment, HC2 is also entitled to certain rights under an Investors' Rights Agreement with the Company, including Board observation rights and expected future appointments for Philip Falcone, HC2's Chairman, President & CEO, and Robert Pons, its Executive Vice President - Business Development, to the Novatel Wireless Board of Directors.
Special Committee of Schuff International Announces Position on Tender Offer Made by HC2 Holdings, Inc.
Marketwire - Fri Sep 05, 3:50PM CDT
Schuff International, Inc. (PINKSHEETS: SHFK) (the "Company" today announced that the Special Committee of the Board of Directors of the Company (the "Committee" has released its position statement (the "Statement" with respect to the unsolicited cash tender offer (the "Offer" initiated on August 21, 2014 by HC2 Holdings, Inc. ("HC2" , the 70% stockholder of the Company, to purchase all of the issued and outstanding shares of common stock of the Company, par value $0.001 per share (collectively, the "Shares" , that HC2 does not currently own at a purchase price of $31.50 per Share, net in cash, without interest (the "Offer Price" .
Schuff Shareholder Alert - Buyout of Schuff International - National Securities Law Firm Seeks Higher Price for Shareholders
PR Newswire - Mon Aug 25, 6:17AM CDT
Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the acquisition of Schuff International, Inc. (OTC: SHFK) ("Schuff" or the "Company" on behalf of its shareholders. HC2 Holdings, Inc. ("HC2" announced the commencement of a tender offer for all of the outstanding shares of common stock of Schuff that it does not already own for $31.50 per share. HC2 currently owns 70% of the outstanding shares of common stock of Schuff.
Glancy Binkow & Goldberg LLP is Investigating Schuff International, Inc. Board of Directors
Business Wire - Thu Aug 21, 2:47PM CDT
Glancy Binkow & Goldberg LLP is investigating the Board of Directors of Schuff International, Inc. ("Schuff" or the "Company" (OTC:SHFK). This investigation relates to the acquisition of the Company by HC2 Holdings, Inc. ("HC2" (OTC:HCHC).
HC2 Announces Commencement of Tender Offer for All Outstanding Shares of Schuff International, Inc.
Marketwire - Thu Aug 21, 7:02AM CDT
HC2 Holdings, Inc. ("HC2" (OTCQB: HCHC) today announced the commencement of a tender offer for all of the outstanding shares of common stock of Schuff International, Inc. ("Schuff" that it does not already own for $31.50 per share, net to the holder thereof in cash, without interest thereon and subject to any required tax withholding (the "Offer" . HC2 currently owns 70% of the outstanding shares of common stock of Schuff. The Offer is being made pursuant to an Offer to Purchase, dated August 20, 2014 (the "Offer to Purchase" .
HC2 Announces Acquisition of a Majority Interest in American Natural Gas
Marketwire - Thu Aug 14, 7:00AM CDT
HC2 Holdings, Inc. ("HC2" (OTCQB: HCHC) announced today the acquisition of a majority interest in ANG Holding, Inc. through the purchase of shares of Series A Convertible Preferred Stock. American Natural Gas, LLC ("ANG" will continue to do business as a wholly-owned subsidiary of ANG Holdings, Inc. ANG is a premier distributor of natural gas motor fuel in the Northeast that designs, builds, owns, operates and maintains compressed natural gas (CNG) fueling stations for transportation.
Novatel Wireless Announces Strategic Investment from HC2
Business Wire - Mon Sep 08, 3:15PM CDT
Novatel Wireless, Inc. (NASDAQ: NVTL, the "Company"
, a leading provider of Internet of Things, today announced that it has completed a transaction with HC2 Holdings 2, Inc. ("HC2" , a wholly owned subsidiary of HC2 Holdings, Inc. (HCHC), for a strategic investment in the Company. In exchange for a combination of common stock, warrants and convertible preferred stock, HC2 will invest up to an aggregate of approximately $23.7 million in the Company, comprised of an initial cash investment of approximately $14.4 million, which was funded today, and up to another $9.3 million if the warrants are exercised for cash. HC2's initial ownership stake in the outstanding common stock of the Company is approximately 17%. When and if the preferred stock is fully converted, HC2's ownership is expected to increase to approximately 18% and when and if both the preferred stock is fully converted and the warrants are fully exercised, HC2's ownership stake is expected to increase to approximately 25%, both percentages based on the Company's current outstanding shares. In connection with its investment, HC2 is also entitled to certain rights under an Investors' Rights Agreement with the Company, including Board observation rights and expected future appointments for Philip Falcone, HC2's Chairman, President & CEO, and Robert Pons, its Executive Vice President - Business Development, to the Novatel Wireless Board of Directors. Special Committee of Schuff International Announces Position on Tender Offer Made by HC2 Holdings, Inc.
Marketwire - Fri Sep 05, 3:50PM CDT
Schuff International, Inc. (PINKSHEETS: SHFK) (the "Company"
today announced that the Special Committee of the Board of Directors of the Company (the "Committee" has released its position statement (the "Statement" with respect to the unsolicited cash tender offer (the "Offer" initiated on August 21, 2014 by HC2 Holdings, Inc. ("HC2" , the 70% stockholder of the Company, to purchase all of the issued and outstanding shares of common stock of the Company, par value $0.001 per share (collectively, the "Shares" , that HC2 does not currently own at a purchase price of $31.50 per Share, net in cash, without interest (the "Offer Price" . Schuff Shareholder Alert - Buyout of Schuff International - National Securities Law Firm Seeks Higher Price for Shareholders
PR Newswire - Mon Aug 25, 6:17AM CDT
Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the acquisition of Schuff International, Inc. (OTC: SHFK) ("Schuff" or the "Company"
on behalf of its shareholders. HC2 Holdings, Inc. ("HC2" announced the commencement of a tender offer for all of the outstanding shares of common stock of Schuff that it does not already own for $31.50 per share. HC2 currently owns 70% of the outstanding shares of common stock of Schuff. Glancy Binkow & Goldberg LLP is Investigating Schuff International, Inc. Board of Directors
Business Wire - Thu Aug 21, 2:47PM CDT
Glancy Binkow & Goldberg LLP is investigating the Board of Directors of Schuff International, Inc. ("Schuff" or the "Company"
(OTC:SHFK). This investigation relates to the acquisition of the Company by HC2 Holdings, Inc. ("HC2" (OTC:HCHC). HC2 Announces Commencement of Tender Offer for All Outstanding Shares of Schuff International, Inc.
Marketwire - Thu Aug 21, 7:02AM CDT
HC2 Holdings, Inc. ("HC2"
(OTCQB: HCHC) today announced the commencement of a tender offer for all of the outstanding shares of common stock of Schuff International, Inc. ("Schuff" that it does not already own for $31.50 per share, net to the holder thereof in cash, without interest thereon and subject to any required tax withholding (the "Offer" . HC2 currently owns 70% of the outstanding shares of common stock of Schuff. The Offer is being made pursuant to an Offer to Purchase, dated August 20, 2014 (the "Offer to Purchase" . HC2 Announces Acquisition of a Majority Interest in American Natural Gas
Marketwire - Thu Aug 14, 7:00AM CDT
HC2 Holdings, Inc. ("HC2"
(OTCQB: HCHC) announced today the acquisition of a majority interest in ANG Holding, Inc. through the purchase of shares of Series A Convertible Preferred Stock. American Natural Gas, LLC ("ANG" will continue to do business as a wholly-owned subsidiary of ANG Holdings, Inc. ANG is a premier distributor of natural gas motor fuel in the Northeast that designs, builds, owns, operates and maintains compressed natural gas (CNG) fueling stations for transportation. 
