PennyStockPayCheck.com Rss

Featured Posts

Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

Read more

Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

Read more

Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

Read more

Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

Read more

UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

Read more

WMG Acquisition Corp. Announces Termination of Withdrawal Rights and Extension of Consent Time for Previously Announced Cash Tender Offers and Consent Solicitations for 9.50% Senior Secured Notes Due 2016

Category : Stocks

NEW YORK, NY–(Marketwire – Oct 30, 2012) – WMG Acquisition Corp. (the “Company”), a wholly owned subsidiary of Warner Music Group Corp. (“Warner Music Group” or “WMG”), today announced that as of 5:00 p.m. on October 29, 2012, it had received consents from holders of at least a majority of the outstanding aggregate principal amount (the “Requisite Consents”) of each series of its outstanding 9.50% Senior Secured Notes due 2016 (CUSIP/ISIN NOs. 92933B AB0/US92933BAB09; and 92933B AD6/US92933BAD64) (the “Notes”) pursuant to its previously announced tender offers to purchase for cash any and all of the Notes and the related solicitation of consents (“Consents”) to the adoption of certain proposed amendments to each of the indentures governing the Notes (the “Proposed Amendments”). Based on the receipt of the Requisite Consents in connection with each tender offer and related solicitation of Consents, the Company has entered into a supplemental indenture with the trustee for the applicable indenture governing each series of Notes reflecting the Proposed Amendments (each a “Supplemental Indenture”). As further described in the Offer to Purchase and Consent Solicitation Statement and the related Consent and Letter of Transmittal, dated as of October 17, 2012 (the “Statement”), the time and date on which the supplemental indenture with respect to an indenture is executed is referred to as the “Effective Time” for the applicable tender offer. Because of the occurrence of the Effective Time, the Withdrawal Deadline (as defined in the Statement) with respect to each tender offer has now occurred, and any Notes validly tendered and not validly withdrawn prior to the Effective Time, and any Notes that may be validly tendered thereafter, may not be withdrawn. 

More here: WMG Acquisition Corp. Announces Termination of Withdrawal Rights and Extension of Consent Time for Previously Announced Cash Tender Offers and Consent Solicitations for 9.50% Senior Secured Notes Due 2016

Post to Twitter

MFC Industrial (MIL) says it’s extending the expiry time of its offer for all of the common shares of Compton Petroleum to 5:00 p.m. (PDT) on August 27 while it awaits requisite contsents. Shares +4.1% AH.

Category : Stocks

MFC Industrial (MIL) says it’s extending the expiry time of its offer for all of the common shares of Compton Petroleum to 5:00 p.m. (PDT) on August 27 while it awaits requisite contsents. Shares +4.1% AH. Post your comment!

More here: MFC Industrial (MIL) says it’s extending the expiry time of its offer for all of the common shares of Compton Petroleum to 5:00 p.m. (PDT) on August 27 while it awaits requisite contsents. Shares +4.1% AH.

Post to Twitter

Tenaris Accomplishes Confab Delisting

Category : Stocks, World News

LUXEMBOURG–(Marketwire – Apr 24, 2012) – Tenaris S.A. (NYSE: TS) (BAE: TS) (BVM: TS) (MILAN: TEN) announced that, at the auction for its delisting tender offer to acquire all of the ordinary and preferred shares held by the public in its Brazilian subsidiary Confab Industrial S.A., or Confab, first announced on January 18, 2012, a total of 216,269,261 Confab shares were tendered. As a result, Tenaris attained the requisite threshold to delist Confab from the São Paulo Stock Exchange.

Go here to see the original: Tenaris Accomplishes Confab Delisting

Post to Twitter

Dr. Doom at the helm of the World Bank? Blackhawk’s Ziad Abdelnour makes the case to select Nouriel Roubini for the top job based on his "strong sense of reality" as witnessed by his call on the collapse of the U.S. housing market. Roubini…

Category : Stocks, World News

Dr. Doom at the helm of the World Bank? Blackhawk’s Ziad Abdelnour makes the case to select Nouriel Roubini for the top job based on his “strong sense of reality” as witnessed by his call on the collapse of the U.S. housing market. Roubini has accumulated the requisite clout by hobnobbing with politicians across U.S., Asia, and Europe – while maintaining a needed sense of independence and realism. Other choices: Hillary Clinton, Larry Summers (previous), and surely an ex-Goldman alum or two (?). 13 comments!

Original post: Dr. Doom at the helm of the World Bank? Blackhawk’s Ziad Abdelnour makes the case to select Nouriel Roubini for the top job based on his "strong sense of reality" as witnessed by his call on the collapse of the U.S. housing market. Roubini…

Post to Twitter