Polycom Inc (PLCM) 12.25 $PLCM
Gap, Synchrony and Polycom jump; PriceSmart sinks
AP - Fri Jul 08, 3:17PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday:
PCG: 64.83 (+0.43), CUDA: 18.43 (+2.92), GM: 29.66 (+0.92), JUNO: 27.81 (-13.01), SYF: 27.31 (+1.29), GPS: 22.70 (+1.07), PLCM: 12.25 (+1.38)
CORRECTING and REPLACING Siris Capital Group to Acquire Polycom, Inc. for $2.0 Billion in Cash
BusinessWire - Fri Jul 08, 11:25AM CDT
Contact number for Heather Kernahan should read: 415-269-9854 (instead of 212-897-2155).
MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
Mitel Responds to Notification from Polycom of Superior Proposal
GlobeNewswire - Fri Jul 08, 6:00AM CDT
-- Waives right to match consideration payable to Polycom stockholders
MNW.TO: 9.37 (+1.54), MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
Polycom Agrees to End Mitel Merger Agreement and Approves New Merger Agreement With Siris Capital
BusinessWire - Fri Jul 08, 6:00AM CDT
Polycom, Inc. (Nasdaq: PLCM), a global leader in helping organizations achieve new levels of teamwork, efficiency and productivity by unleashing the power of human collaboration, today announced that its board of directors has approved the termination of the company's previously announced merger agreement with Mitel Networks Corporation. Upon Mitel's receipt of the requisite termination fee payable under the company's merger agreement with Mitel, which the company intends to deliver today, the company will enter into a new merger agreement with Triangle Private Holdings I, LLC and Triangle Private Merger Sub, Inc., entities affiliated with Siris Capital Group, LLC (collectively, "Siris"
, which was previously described as "Sponsor 1" in Polycom's filings with the U.S. Securities and Exchange Commission. Under the terms of the new merger agreement between the company and Siris, outstanding shares of common stock of Polycom will be exchanged for $12.50 per share in cash at the completion of the merger. The Siris merger is subject to customary closing conditions, including receipt of stockholder and regulatory approvals, and is expected to close in the third quarter of 2016.
MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
Mitel and Polycom to Hold Shareholder Meetings to Approve Acquisition on July 29, 2016
GlobeNewswire - Tue Jun 28, 3:05PM CDT
Mitel (Nasdaq:MITL) (TSX:MNW) and Polycom (Nasdaq
LCM), announced that the meetings of Mitel shareholders and Polycom stockholders to approve Mitel's proposed acquisition of Polycom will take place on July 29, 2016. Mitel's annual and special meeting of shareholders will be held at The Brookstreet Hotel, 525 Legget Drive, Ottawa (Kanata), Ontario, K2K 2W2, commencing at 10:00 a.m., Eastern time, on July 29, 2016. Polycom's special meeting of stockholders will be held at Polycom's corporate headquarters located at 6001 America Center Drive, San Jose, California 95002, on July 29, 2016, at 10:00 a.m., Pacific time. Mailing of Mitel's proxy circular with respect to its annual and special meeting of shareholders and Polycom's proxy statement with respect to its special meeting of stockholders began on Tuesday, June 28, 2016.
MNW.TO: 9.37 (+1.54), MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
CORRECTING and REPLACING The Law Office of Robbins Arroyo LLP Announces that It Has Filed a Class Action Lawsuit Against Polycom, Inc.
BusinessWire - Wed Jun 15, 1:06PM CDT
Fourth paragraph, first sentence of release should read: sixty days from June 15, 2016 (instead of sixty days from June 14, 2016).
MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
The Law Office of Robbins Arroyo LLP Announces that It Has Filed a Class Action Lawsuit Against Polycom, Inc.
BusinessWire - Wed Jun 15, 11:14AM CDT
Shareholder rights law firm Robbins Arroyo LLP announces that it filed a class action lawsuit on June 8, 2016, in the U.S. District Court for the Northern District of California, San Jose Division (the "Court" on behalf of the shareholders of Polycom, Inc. ("Polycom" (NASDAQGS: PLCM) against its Board of Directors, Mitel Networks Corporation ("Mitel" (NASDAQGS: MITL) and Meteor Two, Inc. for, among other things, violations of sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act" and U.S. Securities and Exchange Commission ("SEC" Rule 14a-9 promulgated thereunder.
MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
Deandra Cassidy and Peggy Crespin of Polycom Named Two of the Power 100 in CRN's 2016 Women of the Channel
BusinessWire - Wed Jun 15, 7:30AM CDT
Polycom, Inc. (NASDAQLCM), announced today that CRN(R), a brand of The Channel Company, has named Deandra Cassidy, Director of Global Channel Programs and Peggy Crespin, Director of Channel Sales to its list of the 2016 Power 100, an elite subset of its prestigious annual Women of the Channel list. This list identifies an exclusive group of channel influencers drawn from the larger pool of CRN's 2016 Women of the Channel: the most powerful women leaders across IT channel organizations whose expertise and vision have positioned their companies for success.
PLCM: 12.25 (+1.38)
Helen Grimmett and Monique Rezaei of Polycom Recognized as Two of CRN's 2016 Women of the Channel
BusinessWire - Wed Jun 15, 7:30AM CDT
Polycom, Inc. (NASDAQ: PLCM), announced today that CRN(R), a brand of The Channel Company, has named Helen Grimmett, Director, Global Channel Strategy and Programs and Monique Rezaei, National Channel Manager to its prestigious 2016 Women of the Channel list. The women executives who comprise this annual list span the IT channel, representing vendors, distributors, solution providers and other organizations that figure prominently in the channel ecosystem. Each is recognized for her outstanding leadership, vision, and unique role in driving channel growth and innovation.
PLCM: 12.25 (+1.38)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces that a Class Action Has Commenced Challenging the Fairness of the Sale of Polycom, Inc. to Mitel Networks Corporation -- PLCM
GlobeNewswire - Tue Jun 14, 10:30AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
Polycom Answers the Call and Delivers One Click Connection to Skype for Business Video Meetings
BusinessWire - Tue Jun 07, 7:30AM CDT
--One click to call: Joining a Microsoft Skype for Business meeting from any device, in any location, is as easy as one click
PLCM: 12.25 (+1.38)
POLYCOM INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Polycom, Inc.
PR Newswire - Tue May 31, 2:22PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF" are investigating the proposed sale of Polycom, Inc. ("Polycom" or the "Company" (NASDAQ: PLCM) to Mitel Networks Corporation (NASDAQ: MITL). Under the terms of the proposed transaction, shareholders of Polycom will receive only $3.12 in cash and 1.31 Mitel shares for each share of Polycom that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
Telecom Stock Roundup: Verizon to Suffer from Workers' Strike, Polycom Receives New Takeover Bid
Zacks Equity Research - Zacks Investment Research - Thu May 26, 10:43AM CDT
The U.S. telecom industry remained rather subdued last week.
AMX: 12.30 (+0.41), LBTYA: 29.27 (+1.04), TI: 7.08 (+0.12), TEF: 9.37 (+0.21), MITL: 7.21 (+1.19), VZ: 55.90 (+0.52), PLCM: 12.25 (+1.38)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation Concerning Whether the Sale of Polycom, Inc. for Cash & Stock to Mitel Networks Corporation is Fair to Shareholders
BusinessWire - Wed May 25, 3:30PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
Polycom (PLCM) Stock Up on New Takeover Bid from PE Firm
Zacks Equity Research - Zacks Investment Research - Wed May 25, 8:44AM CDT
Polycom Inc. (PLCM) recently received a new takeover bid from an unnamed private equity (PE) firm.
MSFT: 52.30 (+0.92), MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38), CSCO: 29.26 (+0.52)
Prize-winning Design Quality: Polycom(R) RealPresence Trio(TM) Triumphs in Red Dot Award: Product Design 2016
BusinessWire - Wed May 25, 7:30AM CDT
The Polycom(R) RealPresence Trio(TM), the first smart hub for group collaboration that combines stunning audio quality with easy-to-use videoconferencing and content sharing features, was awarded with the Red Dot, the international distinction for high design quality. Participants from 57 nations had registered their products and innovations for the Red Dot Award: Product Design 2016. Only products which set themselves apart considerably through their excellent design receive the sought-after quality seal from the international Red Dot jury.
PLCM: 12.25 (+1.38)
Polycom(R) RealPresence Clariti(TM) Now Globally Available, Bringing Simplified Enterprise-Grade Video, Voice and Content Collaboration to Everyone
BusinessWire - Thu May 12, 7:30AM CDT
Polycom, Inc. (NASDAQLCM) today announced the global availability of the Polycom(R) RealPresence Clariti(TM) collaboration infrastructure software which delivers Polycom's powerful HD voice, content, video and web collaboration to businesses of any size. Deployable on-premises, in a private hosted cloud or through a partner-hosted service, the RealPresence Clariti solution allows customers, including small and mid-sized businesses, to connect and experience the power of enterprise-grade visual collaboration.
PLCM: 12.25 (+1.38)
Law Offices of Marc S. Henzel Announces Investigation of Companies for Violations of the Federal Securities Laws
PR Newswire - Thu Apr 21, 8:11AM CDT
The Law Offices of Marc S. Henzel (www.henzellaw.com), a firm focusing on shareholder litigation, gives notice to shareholders of investigation into the following securities for violations of the Federal Securities Laws:
TERP: 12.05 (+0.57), CVT: 34.97 (+0.24), TLRD: 13.24 (+0.47), RSTI: 31.99 (+0.15), PAH: 8.38 (+0.28), COHR: 93.01 (+2.60), PCP: 234.95 (+0.10), PLCM: 12.25 (+1.38), LXK: 37.60 (+0.20)
Polycom (PLCM) Q1 Earnings Meet, Revenues Lag Estimates
Zacks Equity Research - Zacks Investment Research - Thu Apr 21, 5:56AM CDT
Polycom, Inc. (PLCM) recently posted first-quarter 2016 results wherein GAAP net income came in at $3.3 million or 2 cents per share compared with $21.2 million or 15 cents in the prior-year quarter.
MSI: 66.38 (+1.33), MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38), EXTR: 3.54 (+0.17)
INVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Polycom, Inc. and Encourages Shareholders to Contact the Firm for Additional Information
BusinessWire - Wed Apr 20, 9:20PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Polycom, Inc. ("Polycom" or "the Company" (Nasdaq: PLCM) relating to the proposed buyout of the Company by Mitel Networks Corporation ("Mitel Networks".
MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
Gap, Synchrony and Polycom jump; PriceSmart sinks
AP - Fri Jul 08, 3:17PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday:
PCG: 64.83 (+0.43), CUDA: 18.43 (+2.92), GM: 29.66 (+0.92), JUNO: 27.81 (-13.01), SYF: 27.31 (+1.29), GPS: 22.70 (+1.07), PLCM: 12.25 (+1.38)
CORRECTING and REPLACING Siris Capital Group to Acquire Polycom, Inc. for $2.0 Billion in Cash
BusinessWire - Fri Jul 08, 11:25AM CDT
Contact number for Heather Kernahan should read: 415-269-9854 (instead of 212-897-2155).
MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
Mitel Responds to Notification from Polycom of Superior Proposal
GlobeNewswire - Fri Jul 08, 6:00AM CDT
-- Waives right to match consideration payable to Polycom stockholders
MNW.TO: 9.37 (+1.54), MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
Polycom Agrees to End Mitel Merger Agreement and Approves New Merger Agreement With Siris Capital
BusinessWire - Fri Jul 08, 6:00AM CDT
Polycom, Inc. (Nasdaq: PLCM), a global leader in helping organizations achieve new levels of teamwork, efficiency and productivity by unleashing the power of human collaboration, today announced that its board of directors has approved the termination of the company's previously announced merger agreement with Mitel Networks Corporation. Upon Mitel's receipt of the requisite termination fee payable under the company's merger agreement with Mitel, which the company intends to deliver today, the company will enter into a new merger agreement with Triangle Private Holdings I, LLC and Triangle Private Merger Sub, Inc., entities affiliated with Siris Capital Group, LLC (collectively, "Siris"
, which was previously described as "Sponsor 1" in Polycom's filings with the U.S. Securities and Exchange Commission. Under the terms of the new merger agreement between the company and Siris, outstanding shares of common stock of Polycom will be exchanged for $12.50 per share in cash at the completion of the merger. The Siris merger is subject to customary closing conditions, including receipt of stockholder and regulatory approvals, and is expected to close in the third quarter of 2016. MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
Mitel and Polycom to Hold Shareholder Meetings to Approve Acquisition on July 29, 2016
GlobeNewswire - Tue Jun 28, 3:05PM CDT
Mitel (Nasdaq:MITL) (TSX:MNW) and Polycom (Nasdaq
LCM), announced that the meetings of Mitel shareholders and Polycom stockholders to approve Mitel's proposed acquisition of Polycom will take place on July 29, 2016. Mitel's annual and special meeting of shareholders will be held at The Brookstreet Hotel, 525 Legget Drive, Ottawa (Kanata), Ontario, K2K 2W2, commencing at 10:00 a.m., Eastern time, on July 29, 2016. Polycom's special meeting of stockholders will be held at Polycom's corporate headquarters located at 6001 America Center Drive, San Jose, California 95002, on July 29, 2016, at 10:00 a.m., Pacific time. Mailing of Mitel's proxy circular with respect to its annual and special meeting of shareholders and Polycom's proxy statement with respect to its special meeting of stockholders began on Tuesday, June 28, 2016. MNW.TO: 9.37 (+1.54), MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
CORRECTING and REPLACING The Law Office of Robbins Arroyo LLP Announces that It Has Filed a Class Action Lawsuit Against Polycom, Inc.
BusinessWire - Wed Jun 15, 1:06PM CDT
Fourth paragraph, first sentence of release should read: sixty days from June 15, 2016 (instead of sixty days from June 14, 2016).
MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
The Law Office of Robbins Arroyo LLP Announces that It Has Filed a Class Action Lawsuit Against Polycom, Inc.
BusinessWire - Wed Jun 15, 11:14AM CDT
Shareholder rights law firm Robbins Arroyo LLP announces that it filed a class action lawsuit on June 8, 2016, in the U.S. District Court for the Northern District of California, San Jose Division (the "Court"
on behalf of the shareholders of Polycom, Inc. ("Polycom" (NASDAQGS: PLCM) against its Board of Directors, Mitel Networks Corporation ("Mitel" (NASDAQGS: MITL) and Meteor Two, Inc. for, among other things, violations of sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act" and U.S. Securities and Exchange Commission ("SEC" Rule 14a-9 promulgated thereunder. MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
Deandra Cassidy and Peggy Crespin of Polycom Named Two of the Power 100 in CRN's 2016 Women of the Channel
BusinessWire - Wed Jun 15, 7:30AM CDT
Polycom, Inc. (NASDAQ
LCM), announced today that CRN(R), a brand of The Channel Company, has named Deandra Cassidy, Director of Global Channel Programs and Peggy Crespin, Director of Channel Sales to its list of the 2016 Power 100, an elite subset of its prestigious annual Women of the Channel list. This list identifies an exclusive group of channel influencers drawn from the larger pool of CRN's 2016 Women of the Channel: the most powerful women leaders across IT channel organizations whose expertise and vision have positioned their companies for success. PLCM: 12.25 (+1.38)
Helen Grimmett and Monique Rezaei of Polycom Recognized as Two of CRN's 2016 Women of the Channel
BusinessWire - Wed Jun 15, 7:30AM CDT
Polycom, Inc. (NASDAQ: PLCM), announced today that CRN(R), a brand of The Channel Company, has named Helen Grimmett, Director, Global Channel Strategy and Programs and Monique Rezaei, National Channel Manager to its prestigious 2016 Women of the Channel list. The women executives who comprise this annual list span the IT channel, representing vendors, distributors, solution providers and other organizations that figure prominently in the channel ecosystem. Each is recognized for her outstanding leadership, vision, and unique role in driving channel growth and innovation.
PLCM: 12.25 (+1.38)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces that a Class Action Has Commenced Challenging the Fairness of the Sale of Polycom, Inc. to Mitel Networks Corporation -- PLCM
GlobeNewswire - Tue Jun 14, 10:30AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
Polycom Answers the Call and Delivers One Click Connection to Skype for Business Video Meetings
BusinessWire - Tue Jun 07, 7:30AM CDT
--One click to call: Joining a Microsoft Skype for Business meeting from any device, in any location, is as easy as one click
PLCM: 12.25 (+1.38)
POLYCOM INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Polycom, Inc.
PR Newswire - Tue May 31, 2:22PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF"
are investigating the proposed sale of Polycom, Inc. ("Polycom" or the "Company" (NASDAQ: PLCM) to Mitel Networks Corporation (NASDAQ: MITL). Under the terms of the proposed transaction, shareholders of Polycom will receive only $3.12 in cash and 1.31 Mitel shares for each share of Polycom that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
Telecom Stock Roundup: Verizon to Suffer from Workers' Strike, Polycom Receives New Takeover Bid
Zacks Equity Research - Zacks Investment Research - Thu May 26, 10:43AM CDT
The U.S. telecom industry remained rather subdued last week.
AMX: 12.30 (+0.41), LBTYA: 29.27 (+1.04), TI: 7.08 (+0.12), TEF: 9.37 (+0.21), MITL: 7.21 (+1.19), VZ: 55.90 (+0.52), PLCM: 12.25 (+1.38)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation Concerning Whether the Sale of Polycom, Inc. for Cash & Stock to Mitel Networks Corporation is Fair to Shareholders
BusinessWire - Wed May 25, 3:30PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
Polycom (PLCM) Stock Up on New Takeover Bid from PE Firm
Zacks Equity Research - Zacks Investment Research - Wed May 25, 8:44AM CDT
Polycom Inc. (PLCM) recently received a new takeover bid from an unnamed private equity (PE) firm.
MSFT: 52.30 (+0.92), MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38), CSCO: 29.26 (+0.52)
Prize-winning Design Quality: Polycom(R) RealPresence Trio(TM) Triumphs in Red Dot Award: Product Design 2016
BusinessWire - Wed May 25, 7:30AM CDT
The Polycom(R) RealPresence Trio(TM), the first smart hub for group collaboration that combines stunning audio quality with easy-to-use videoconferencing and content sharing features, was awarded with the Red Dot, the international distinction for high design quality. Participants from 57 nations had registered their products and innovations for the Red Dot Award: Product Design 2016. Only products which set themselves apart considerably through their excellent design receive the sought-after quality seal from the international Red Dot jury.
PLCM: 12.25 (+1.38)
Polycom(R) RealPresence Clariti(TM) Now Globally Available, Bringing Simplified Enterprise-Grade Video, Voice and Content Collaboration to Everyone
BusinessWire - Thu May 12, 7:30AM CDT
Polycom, Inc. (NASDAQ
LCM) today announced the global availability of the Polycom(R) RealPresence Clariti(TM) collaboration infrastructure software which delivers Polycom's powerful HD voice, content, video and web collaboration to businesses of any size. Deployable on-premises, in a private hosted cloud or through a partner-hosted service, the RealPresence Clariti solution allows customers, including small and mid-sized businesses, to connect and experience the power of enterprise-grade visual collaboration. PLCM: 12.25 (+1.38)
Law Offices of Marc S. Henzel Announces Investigation of Companies for Violations of the Federal Securities Laws
PR Newswire - Thu Apr 21, 8:11AM CDT
The Law Offices of Marc S. Henzel (www.henzellaw.com), a firm focusing on shareholder litigation, gives notice to shareholders of investigation into the following securities for violations of the Federal Securities Laws:
TERP: 12.05 (+0.57), CVT: 34.97 (+0.24), TLRD: 13.24 (+0.47), RSTI: 31.99 (+0.15), PAH: 8.38 (+0.28), COHR: 93.01 (+2.60), PCP: 234.95 (+0.10), PLCM: 12.25 (+1.38), LXK: 37.60 (+0.20)
Polycom (PLCM) Q1 Earnings Meet, Revenues Lag Estimates
Zacks Equity Research - Zacks Investment Research - Thu Apr 21, 5:56AM CDT
Polycom, Inc. (PLCM) recently posted first-quarter 2016 results wherein GAAP net income came in at $3.3 million or 2 cents per share compared with $21.2 million or 15 cents in the prior-year quarter.
MSI: 66.38 (+1.33), MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38), EXTR: 3.54 (+0.17)
INVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Polycom, Inc. and Encourages Shareholders to Contact the Firm for Additional Information
BusinessWire - Wed Apr 20, 9:20PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Polycom, Inc. ("Polycom" or "the Company"
(Nasdaq: PLCM) relating to the proposed buyout of the Company by Mitel Networks Corporation ("Mitel Networks". MITL: 7.21 (+1.19), PLCM: 12.25 (+1.38)
