Om Group (OMG) 33.94 $OMG
Colfax Names Christopher Hix Chief Financial Officer
GlobeNewswire - Thu Jun 02, 5:38AM CDT
Colfax Corporation (NYSE: CFX), a leading global manufacturer of gas and fluid-handling and fabrication technology products and services, today announced that Christopher Hix, who was most recently Chief Financial Officer of OM Group, Inc. and prior to that held the same role at Robbins & Myers, Inc., has been named Chief Financial Officer of Colfax. Mr. Hix will join Colfax on July 1, 2016 and will formally transition into the Chief Financial Officer role following the filing Colfax's 10-Q for the second quarter of 2016 in August. He succeeds Scott Brannan, who will assist in this transition and will continue to serve as a part-time non-executive advisor while also working for the Rales family office.
CFX: 26.89 (-3.91), OMG: 33.94 (+1.66)
CECO Environmental Elects Two New Board Members to its Board of Directors
PR Newswire - Fri May 13, 6:00AM CDT
CECO Environmental Corp. (Nasdaq: CECE), a leading global environmental, energy, and fluid handling technology company, announced that Valerie Gentile Sachs and Dennis Sadlowski have been elected to its Board of Directors following approval by shareholders at its annual meeting yesterday.
CECE: 8.45 (-0.40), OMG: 33.94 (+1.66)
Smoke And Mirrors I’m Afraid, Dear
Chuck Butler - Daily Reckoning - Mon Jan 11, 10:37AM CST
This post Smoke And Mirrors I’m Afraid, Dear appeared first on Daily Reckoning . The U.S. Jobs Jamboree was a blow out of 292,000 jobs created in December - stocks didn't like the number, and they sold off by a big margin again on Friday,...
MAS: 30.18 (-1.30), OMG: 33.94 (+1.66)
OM Group, Inc. Announces New Name--VECTRA, Future Headquarters Location, And New Senior Leadership Team
PR Newswire - Mon Nov 23, 7:30AM CST
OM Group, Inc., announced today that it will change its name to Vectra Co. ("VECTRA"
and that it will move its corporate headquarters from Cleveland, Ohio to St. Louis, Missouri. VECTRA is a technology-driven specialty materials and specialty chemicals company. It is comprised of three businesses, Vacuumschmelze, EaglePicher Technologies, and Borchers, that are recognized as global leaders and have set the standard in their respective industries for over 100 years.
OMG: 33.94 (+1.66)
OM Group, Inc. Announces Completion of Agreement to be Acquired By Apollo Affiliated Funds in Partnership with Platform Specialty Products Corporation for $34.00 Per Share
PR Newswire - Wed Oct 28, 8:18AM CDT
OM Group, Inc. (NYSE: OMG) ("OM Group" today announced the successful completion of its agreement to be acquired by funds (the "Apollo Funds" managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, "Apollo" (NYSE: APO), in partnership with an affiliate of Platform Specialty Products Corporation (NYSE: PAH) ("Platform".
APO: 15.01 (-0.68), PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
Watch for OM Group to Potentially Rebound After Falling 2.30% Yesterday
Comtex SmarTrend(R) - Thu Oct 22, 4:19PM CDT
OM Group (NYSE:OMG) traded in a range yesterday that spanned from a low of $32.29 to a high of $34.01. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $33.82 on volume of 11.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
OMG: 33.94 (+1.66)
Motorcar Parts of America Set to Join the S&P SmallCap 600
PR Newswire - Mon Oct 19, 5:35PM CDT
Motorcar Parts of America Inc. (NASD: MPAA) will replace OM Group Inc. (NYSE: OMG) in the S&P SmallCap 600 after the close of trading on Thursday, October 22. Apollo Global Management (NYSE: APO) is acquiring OM Group in a deal expected to be completed on or about that date pending final conditions.
APO: 15.01 (-0.68), MPAA: 28.68 (-0.82), MHFI: 107.92 (+1.16), OMG: 33.94 (+1.66)
Platform Specialty Products Corporation Provides Acquisition and Financing Updates and Revised 2015 Full Year Guidance; Announces Key Promotion and Date for Release of Third Quarter 2015 Financial Results
GlobeNewswire - Wed Oct 07, 5:30AM CDT
-- Acquisition of Alent plc and the first of the OM Group Electronic Chemicals and Photomasks acquisitions expected to close in Q4 2015.
PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
OM Group Stockholders Approve Merger Transaction
PR Newswire - Mon Aug 10, 1:47PM CDT
OM Group, Inc. (NYSE: OMG) announced that at a special meeting held today, stockholders voted to approve the proposal to adopt the merger agreement entered into with funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) ("Apollo" and an affiliate of Platform Specialty Products (NYSE: PAH) ("Platform".
APO: 15.01 (-0.68), PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
Downgrade Alert for OM Group (OMG)
Comtex SmarTrend(R) - Thu Aug 06, 7:14AM CDT
OM Group (NYSE:OMG) was downgraded from Buy to Neutral at Northcoast today. The stock closed yesterday at $33.53 on volume of 4.4 million shares, above average daily volume of 511,000. There is potential upside of 25.3% for shares of OM Group based on a current price of $33.53 and an average consensus analyst price target of $42.00. OM Group shares should encounter resistance at the 50-day moving average (MA) of $33.66 and support at its 200-day MA of $29.80.
OMG: 33.94 (+1.66)
OM Group Provides Transaction Update
PR Newswire - Tue Aug 04, 4:00PM CDT
OM Group, Inc. (NYSE: OMG) announced today that the strategic acquiror (the "Bidder" who previously submitted a "company takeover proposal" during the 35-day "go-shop" period under the terms of the Company's previously announced merger agreement (the "Merger Agreement" with funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) and a wholly-owned subsidiary of Platform Specialty Products (NYSE: PAH) has informed OM Group that it will not submit a "company superior proposal" in accordance with the terms of the Merger Agreement.
APO: 15.01 (-0.68), PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
Leading Proxy Advisory Firms ISS and Glass Lewis Recommend OM Group Stockholders Vote "FOR" the Merger Transaction with Apollo Affiliated Funds in Partnership with Platform Specialty Products
PR Newswire - Thu Jul 30, 7:52AM CDT
OM Group, Inc. (NYSE: OMG) today announced that both proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis & Co., LLC have recommended that their clients vote FOR adoption of the merger agreement dated May 31, 2015 ("Merger Agreement" among the Company and funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) and a wholly-owned subsidiary of Platform Specialty Products (NYSE: PAH) at the Special Meeting of Stockholders on August 10, 2015.
APO: 15.01 (-0.68), PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
SpringOwl Asset Management Opposes Apollo Led Takeover of OM Group; Urges Shareholders to Vote Against Deal
PR Newswire - Tue Jul 07, 12:35PM CDT
VIA EMAIL AND FEDEX
OMG: 33.94 (+1.66)
OM Group Announces Expiration of the "Go Shop" Period
PR Newswire - Mon Jul 06, 8:00AM CDT
OM Group, Inc. (NYSE: OMG) today announced the expiration of the 35-day "go shop" period pursuant to the terms of the previously announced merger agreement dated May 31, 2015 among the Company and funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) and a wholly-owned subsidiary of Platform Specialty Products (NYSE: PAH).
APO: 15.01 (-0.68), PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
Robbins Arroyo LLP: A Class Action Lawsuit Was Filed Against OM Group Inc. (OMG) in Connection with its Proposed Sale to Affiliates of Apollo Global Management LLC (APO)
PR Newswire - Wed Jul 01, 6:39PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the recent acquisition of OM Group Inc. (NYSE: OMG) by certain funds managed by affiliates of Apollo Global Management LLC (NYSE: APO). Under the terms of the June 1, 2015, OM Group shareholders will receive $34.00 in cash for each share of OM Group common stock.
APO: 15.01 (-0.68), OMG: 33.94 (+1.66)
INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of OM Group Inc. of Commencement of a Class Action in Connection With the Fairness of the Sale of the Company to Apollo Global Management -- OMG
GlobeNewswire - Tue Jun 30, 3:11PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
APO: 15.01 (-0.68), OMG: 33.94 (+1.66)
Platform Specialty Products Corporation Announces Closing of Public Offering of Common Stock and Exercise in Full of Underwriters' Option to Purchase Additional Shares
GlobeNewswire - Mon Jun 29, 3:05PM CDT
Platform Specialty Products Corporation (NYSE
AH) ("Platform" today announced the closing of its previously-announced underwritten public offering of 18,226,414 shares of its common stock at a public offering price of $26.50 per share. This number includes 2,377,358 shares sold to the underwriters upon exercise in full of their option to purchase additional shares. This offering resulted in gross proceeds to Platform of approximately $483 million, before deducting underwriting discounts and commissions and offering expenses payable by Platform. All of the shares of common stock sold in the offering were sold by Platform.
PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
Platform Specialty Products Corporation Announces Pricing of a $420 Million Public Offering of Common Stock
GlobeNewswire - Wed Jun 24, 7:00AM CDT
Platform Specialty Products Corporation (NYSEAH) ("Platform" today announced the pricing of an underwritten public offering of 15,849,056 shares of its common stock at a public offering price of $26.50 per share. The gross proceeds to Platform from this offering are expected to be approximately $420 million, before deducting underwriting discounts and commissions and offering expenses payable by Platform. Platform has granted to the underwriters a 30-day option to purchase an additional 2,377,358 shares of its common stock. All of the shares of common stock to be sold in the offering are to be sold by Platform. The offering is expected to close on or about June 29, 2015, subject to customary closing conditions.
PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
Robbins Arroyo LLP: OM Group Inc. (OMG) May Have Breached Fiduciary Duties to Shareholders in Connection with its Proposed Sale to Affiliates of Apollo Global Management LLC (APO)
PR Newswire - Wed Jun 17, 6:37PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the recently proposed acquisitioned of OM Group Inc. (NYSE: OMG) by certain funds managed by affiliates of Apollo Global Management LLC (NYSE: APO). The merger agreement, which was announced on June 1, 2015, will provide OM Group shareholders with $34.00 in cash for each share of OM Group common stock.
APO: 15.01 (-0.68), OMG: 33.94 (+1.66)
OMG INVESTOR ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of OM Group Inc. Concerning the Sale of the Company to Apollo Global Management
GlobeNewswire - Wed Jun 17, 10:06AM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of OM Group Inc. ("OM Group" or "the Company" in connection with the sale of the Company to funds managed by Apollo Global Management, LLC.
APO: 15.01 (-0.68), OMG: 33.94 (+1.66)
Colfax Names Christopher Hix Chief Financial Officer
GlobeNewswire - Thu Jun 02, 5:38AM CDT
Colfax Corporation (NYSE: CFX), a leading global manufacturer of gas and fluid-handling and fabrication technology products and services, today announced that Christopher Hix, who was most recently Chief Financial Officer of OM Group, Inc. and prior to that held the same role at Robbins & Myers, Inc., has been named Chief Financial Officer of Colfax. Mr. Hix will join Colfax on July 1, 2016 and will formally transition into the Chief Financial Officer role following the filing Colfax's 10-Q for the second quarter of 2016 in August. He succeeds Scott Brannan, who will assist in this transition and will continue to serve as a part-time non-executive advisor while also working for the Rales family office.
CFX: 26.89 (-3.91), OMG: 33.94 (+1.66)
CECO Environmental Elects Two New Board Members to its Board of Directors
PR Newswire - Fri May 13, 6:00AM CDT
CECO Environmental Corp. (Nasdaq: CECE), a leading global environmental, energy, and fluid handling technology company, announced that Valerie Gentile Sachs and Dennis Sadlowski have been elected to its Board of Directors following approval by shareholders at its annual meeting yesterday.
CECE: 8.45 (-0.40), OMG: 33.94 (+1.66)
Smoke And Mirrors I’m Afraid, Dear
Chuck Butler - Daily Reckoning - Mon Jan 11, 10:37AM CST
This post Smoke And Mirrors I’m Afraid, Dear appeared first on Daily Reckoning . The U.S. Jobs Jamboree was a blow out of 292,000 jobs created in December - stocks didn't like the number, and they sold off by a big margin again on Friday,...
MAS: 30.18 (-1.30), OMG: 33.94 (+1.66)
OM Group, Inc. Announces New Name--VECTRA, Future Headquarters Location, And New Senior Leadership Team
PR Newswire - Mon Nov 23, 7:30AM CST
OM Group, Inc., announced today that it will change its name to Vectra Co. ("VECTRA"
and that it will move its corporate headquarters from Cleveland, Ohio to St. Louis, Missouri. VECTRA is a technology-driven specialty materials and specialty chemicals company. It is comprised of three businesses, Vacuumschmelze, EaglePicher Technologies, and Borchers, that are recognized as global leaders and have set the standard in their respective industries for over 100 years. OMG: 33.94 (+1.66)
OM Group, Inc. Announces Completion of Agreement to be Acquired By Apollo Affiliated Funds in Partnership with Platform Specialty Products Corporation for $34.00 Per Share
PR Newswire - Wed Oct 28, 8:18AM CDT
OM Group, Inc. (NYSE: OMG) ("OM Group"
today announced the successful completion of its agreement to be acquired by funds (the "Apollo Funds" managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, "Apollo" (NYSE: APO), in partnership with an affiliate of Platform Specialty Products Corporation (NYSE: PAH) ("Platform". APO: 15.01 (-0.68), PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
Watch for OM Group to Potentially Rebound After Falling 2.30% Yesterday
Comtex SmarTrend(R) - Thu Oct 22, 4:19PM CDT
OM Group (NYSE:OMG) traded in a range yesterday that spanned from a low of $32.29 to a high of $34.01. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $33.82 on volume of 11.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
OMG: 33.94 (+1.66)
Motorcar Parts of America Set to Join the S&P SmallCap 600
PR Newswire - Mon Oct 19, 5:35PM CDT
Motorcar Parts of America Inc. (NASD: MPAA) will replace OM Group Inc. (NYSE: OMG) in the S&P SmallCap 600 after the close of trading on Thursday, October 22. Apollo Global Management (NYSE: APO) is acquiring OM Group in a deal expected to be completed on or about that date pending final conditions.
APO: 15.01 (-0.68), MPAA: 28.68 (-0.82), MHFI: 107.92 (+1.16), OMG: 33.94 (+1.66)
Platform Specialty Products Corporation Provides Acquisition and Financing Updates and Revised 2015 Full Year Guidance; Announces Key Promotion and Date for Release of Third Quarter 2015 Financial Results
GlobeNewswire - Wed Oct 07, 5:30AM CDT
-- Acquisition of Alent plc and the first of the OM Group Electronic Chemicals and Photomasks acquisitions expected to close in Q4 2015.
PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
OM Group Stockholders Approve Merger Transaction
PR Newswire - Mon Aug 10, 1:47PM CDT
OM Group, Inc. (NYSE: OMG) announced that at a special meeting held today, stockholders voted to approve the proposal to adopt the merger agreement entered into with funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) ("Apollo"
and an affiliate of Platform Specialty Products (NYSE: PAH) ("Platform". APO: 15.01 (-0.68), PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
Downgrade Alert for OM Group (OMG)
Comtex SmarTrend(R) - Thu Aug 06, 7:14AM CDT
OM Group (NYSE:OMG) was downgraded from Buy to Neutral at Northcoast today. The stock closed yesterday at $33.53 on volume of 4.4 million shares, above average daily volume of 511,000. There is potential upside of 25.3% for shares of OM Group based on a current price of $33.53 and an average consensus analyst price target of $42.00. OM Group shares should encounter resistance at the 50-day moving average (MA) of $33.66 and support at its 200-day MA of $29.80.
OMG: 33.94 (+1.66)
OM Group Provides Transaction Update
PR Newswire - Tue Aug 04, 4:00PM CDT
OM Group, Inc. (NYSE: OMG) announced today that the strategic acquiror (the "Bidder"
who previously submitted a "company takeover proposal" during the 35-day "go-shop" period under the terms of the Company's previously announced merger agreement (the "Merger Agreement" with funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) and a wholly-owned subsidiary of Platform Specialty Products (NYSE: PAH) has informed OM Group that it will not submit a "company superior proposal" in accordance with the terms of the Merger Agreement. APO: 15.01 (-0.68), PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
Leading Proxy Advisory Firms ISS and Glass Lewis Recommend OM Group Stockholders Vote "FOR" the Merger Transaction with Apollo Affiliated Funds in Partnership with Platform Specialty Products
PR Newswire - Thu Jul 30, 7:52AM CDT
OM Group, Inc. (NYSE: OMG) today announced that both proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis & Co., LLC have recommended that their clients vote FOR adoption of the merger agreement dated May 31, 2015 ("Merger Agreement"
among the Company and funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) and a wholly-owned subsidiary of Platform Specialty Products (NYSE: PAH) at the Special Meeting of Stockholders on August 10, 2015. APO: 15.01 (-0.68), PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
SpringOwl Asset Management Opposes Apollo Led Takeover of OM Group; Urges Shareholders to Vote Against Deal
PR Newswire - Tue Jul 07, 12:35PM CDT
VIA EMAIL AND FEDEX
OMG: 33.94 (+1.66)
OM Group Announces Expiration of the "Go Shop" Period
PR Newswire - Mon Jul 06, 8:00AM CDT
OM Group, Inc. (NYSE: OMG) today announced the expiration of the 35-day "go shop" period pursuant to the terms of the previously announced merger agreement dated May 31, 2015 among the Company and funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) and a wholly-owned subsidiary of Platform Specialty Products (NYSE: PAH).
APO: 15.01 (-0.68), PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
Robbins Arroyo LLP: A Class Action Lawsuit Was Filed Against OM Group Inc. (OMG) in Connection with its Proposed Sale to Affiliates of Apollo Global Management LLC (APO)
PR Newswire - Wed Jul 01, 6:39PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the recent acquisition of OM Group Inc. (NYSE: OMG) by certain funds managed by affiliates of Apollo Global Management LLC (NYSE: APO). Under the terms of the June 1, 2015, OM Group shareholders will receive $34.00 in cash for each share of OM Group common stock.
APO: 15.01 (-0.68), OMG: 33.94 (+1.66)
INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of OM Group Inc. of Commencement of a Class Action in Connection With the Fairness of the Sale of the Company to Apollo Global Management -- OMG
GlobeNewswire - Tue Jun 30, 3:11PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
APO: 15.01 (-0.68), OMG: 33.94 (+1.66)
Platform Specialty Products Corporation Announces Closing of Public Offering of Common Stock and Exercise in Full of Underwriters' Option to Purchase Additional Shares
GlobeNewswire - Mon Jun 29, 3:05PM CDT
Platform Specialty Products Corporation (NYSE
AH) ("Platform" today announced the closing of its previously-announced underwritten public offering of 18,226,414 shares of its common stock at a public offering price of $26.50 per share. This number includes 2,377,358 shares sold to the underwriters upon exercise in full of their option to purchase additional shares. This offering resulted in gross proceeds to Platform of approximately $483 million, before deducting underwriting discounts and commissions and offering expenses payable by Platform. All of the shares of common stock sold in the offering were sold by Platform. PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
Platform Specialty Products Corporation Announces Pricing of a $420 Million Public Offering of Common Stock
GlobeNewswire - Wed Jun 24, 7:00AM CDT
Platform Specialty Products Corporation (NYSE
AH) ("Platform" today announced the pricing of an underwritten public offering of 15,849,056 shares of its common stock at a public offering price of $26.50 per share. The gross proceeds to Platform from this offering are expected to be approximately $420 million, before deducting underwriting discounts and commissions and offering expenses payable by Platform. Platform has granted to the underwriters a 30-day option to purchase an additional 2,377,358 shares of its common stock. All of the shares of common stock to be sold in the offering are to be sold by Platform. The offering is expected to close on or about June 29, 2015, subject to customary closing conditions. PAH: 8.66 (-0.92), OMG: 33.94 (+1.66)
Robbins Arroyo LLP: OM Group Inc. (OMG) May Have Breached Fiduciary Duties to Shareholders in Connection with its Proposed Sale to Affiliates of Apollo Global Management LLC (APO)
PR Newswire - Wed Jun 17, 6:37PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the recently proposed acquisitioned of OM Group Inc. (NYSE: OMG) by certain funds managed by affiliates of Apollo Global Management LLC (NYSE: APO). The merger agreement, which was announced on June 1, 2015, will provide OM Group shareholders with $34.00 in cash for each share of OM Group common stock.
APO: 15.01 (-0.68), OMG: 33.94 (+1.66)
OMG INVESTOR ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of OM Group Inc. Concerning the Sale of the Company to Apollo Global Management
GlobeNewswire - Wed Jun 17, 10:06AM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of OM Group Inc. ("OM Group" or "the Company"
in connection with the sale of the Company to funds managed by Apollo Global Management, LLC. APO: 15.01 (-0.68), OMG: 33.94 (+1.66)
