First Marblehead Corp (FMD) 5.05 $FMD First Mar
Post# of 273249
First Marblehead Stockholders Approve Merger; Transaction Completed
Marketwire Canada - Mon Aug 22, 3:05PM CDT
MEDFORD, MA--(Marketwired - August 22, 2016) - The First Marblehead Corporation (NYSE: FMD) today announced the completion of its acquisition by FP Resources USA Inc. (an entity beneficially owned by John Carter Risley of Nova Scotia, Canada), for US$5.05 per share in cash, without interest and subject to deduction for any required withholding tax, pursuant to a merger agreement by and among the Company, FP Resources USA Inc. and FP Resources Acquisition Corp. (a wholly-owned subsidiary of FP Resources USA Inc.), dated as of June 2, 2016.
FMD: 5.05 (+0.02)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Into the Fairness of the Sale of The First Marblehead Corporation to FP Resources USA Inc.- FMD
BusinessWire - Thu Jun 09, 9:54AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
FMD: 5.05 (+0.02)
FIRST MARBLEHEAD INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The First Marblehead Corporation
PR Newswire - Tue Jun 07, 2:29PM 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 The First Marblehead Corporation ("Marblehead" or the "Company" (NYSE: FMD) to FP Resources USA Inc. Under the terms of the proposed transaction, shareholders of Marblehead will receive only $5.05 in cash for each share of Marblehead 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.
FMD: 5.05 (+0.02)
INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of The First Marblehead Corporation And Encourages Shareholders To Contact The Firm For Additional Information
BusinessWire - Mon Jun 06, 3:51PM 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 The First Marblehead Corporation (NYSE: FMD) ("First Marblehead" or the "Company" relating to the proposed buyout of First Marblehead by FP Resources USA Inc.
FMD: 5.05 (+0.02)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning the Fairness of the Sale of The First Marblehead Corporation to FP Resources USA Inc.- FMD
PR Newswire - Mon Jun 06, 2:44PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
FMD: 5.05 (+0.02)
The First Marblehead Corporation Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with FP Resources USA Inc.
BusinessWire - Mon Jun 06, 11:26AM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of The First Marblehead Corporation ("First Marblehead" (NYSE: FMD) concerning the merger with FP Resources USA Inc. Under the terms of the agreement, valued at approximately $65.5 million, First Marblehead shareholders will only receive $5.05 per share held.
FMD: 5.05 (+0.02)
SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of The First Marblehead Corporation And Encourages Investors To Contact The Firm For Additional Information
BusinessWire - Fri Jun 03, 9:47AM 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 The First Marblehead Corporation (NYSE: FMD) ("First Marblehead" or the "Company" relating to the proposed buyout of First Marblehead by FP Resources USA Inc.
FMD: 5.05 (+0.02)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Commencement of an Investigation Concerning the Fairness of the Sale of The First Marblehead Corporation to FP Resources USA Inc. - FMD
ACCESSWIRE - Fri Jun 03, 9:40AM CDT
NEW YORK, NY / ACCESSWIRE / June 3, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:
FMD: 5.05 (+0.02)
FIRST MARBLEHEAD (FMD) ALERT: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of The First Marblehead Corporation; Are Shareholders Getting a Fair Price?
PR Newswire - Fri Jun 03, 8:27AM CDT
Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of The First Marblehead Corporation (NYSE: FMD) breached their fiduciary duties in connection with the proposed sale of the Company to FP Resources USA Inc.
FMD: 5.05 (+0.02)
First Marblehead Announces Agreement to Be Acquired for US$5.05 Per Share in Cash
Marketwired - Thu Jun 02, 5:16PM CDT
MEDFORD, MA--(Marketwired - June 02, 2016) - The First Marblehead Corporation (NYSE: FMD) today announced that it has entered into a merger agreement to be acquired by FP Resources USA Inc., an entity beneficially owned by John Carter Risley of Nova Scotia, Canada, for US$5.05 per share in cash, in a transaction valued at approximately US$65.5 million. As of the date of the merger agreement, Mr. Risley beneficially owned approximately 14.9% of the outstanding shares of the Company's common stock.
FMD: 5.05 (+0.02)
First Marblehead Announces Third Quarter Financial Results
Marketwire Canada - Tue May 10, 3:05PM CDT
Results From Continuing Operations Improved 32%
FMD: 5.05 (+0.02)
First Marblehead to Release Third Quarter Fiscal 2016 Financial Results and Host Conference Call
Marketwire Canada - Wed May 04, 3:05PM CDT
BOSTON, MA--(Marketwired - May 04, 2016) - The First Marblehead Corporation (NYSE: FMD) plans to release its third quarter fiscal year 2016 financial and operating results for the three and nine month periods ended March 31, 2016 after the market closes on Tuesday, May 10, 2016. The Company will host a conference call at 5:00 p.m. Eastern time on Tuesday, May 10, 2016 to discuss its results and provide an update on the Company's business. First Marblehead's Chairman and Chief Executive Officer Daniel Meyers and Chief Financial Officer Alan Breitman will host the call.
FMD: 5.05 (+0.02)
First Marblehead Announces Second Quarter Financial Results
Marketwired - Tue Feb 09, 3:05PM CST
The First Marblehead Corporation (NYSE: FMD) today announced its financial and operating results for the second quarter of fiscal 2016 as well as the six month period ended December 31, 2015.
FMD: 5.05 (+0.02)
First Marblehead to Release Second Quarter Fiscal 2016 Financial Results and Host Conference Call
Marketwired - Mon Feb 01, 3:00PM CST
The First Marblehead Corporation (NYSE: FMD) plans to release its second quarter fiscal year 2016 financial and operating results for the three and six month periods ended December 31, 2015 after the market closes on Tuesday, February 9, 2016. The Company will host a conference call at 5:00 p.m. Eastern time on Tuesday, February 9, 2016 to discuss its results and provide an update on the Company's business. First Marblehead's Chairman and Chief Executive Officer Daniel Meyers and Chief Financial Officer Alan Breitman will host the call.
FMD: 5.05 (+0.02)