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Vertiv Holdings Co Announces Plans to Redeem Public Warrants
December 17, 2020 GMT
COLUMBUS, Ohio (BUSINESS WIRE) Dec 17, 2020
Vertiv Holdings Co (“Vertiv”) (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that it will redeem for cash all of its outstanding public warrants to purchase shares of Vertiv’s Class A common stock issued as part of the units (the “Units”) sold in Vertiv’s initial public offering (the “Public Warrants”) issued pursuant to the Warrant Agreement, dated as of June 7, 2018 (the “Warrant Agreement”), by and among Vertiv (formerly known as GS Acquisition Holdings Corp), Computershare Inc. and Computershare Trust Company, N.A., as warrant agent (the “Warrant Agent”), for a redemption price of $0.01 per Public Warrant (the “Redemption Price”). Warrants to purchase Vertiv’s Class A
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PHOENIX, Dec. 16, 2020 /PRNewswire/ VEREIT, Inc. (NYSE: VER) ( VEREIT or the Company ), a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S., announced today that it intends to redeem 4,000,000 shares of its 6.70% Series F Cumulative Redeemable Preferred Stock ( Series F Preferred Stock ), representing approximately 21.20% of its approximately 18.9 million shares of Series F Preferred Stock outstanding, on January 15, 2021 (the Redemption Date ).
This redemption is in addition to VEREIT s expected Q4 2020 to Q1 2021 property acquisition pipeline of $150 million to $300 million. The Company previously announced it expects property acquisition results to be at the high end of that range.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Utz Brands Completes Acquisition of ON THE BORDER® Tortilla Chips
December 14, 2020 GMT
HANOVER, Pa. (BUSINESS WIRE) Dec 14, 2020
Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”) announced that effective today, its subsidiaries Utz Quality Foods, LLC (“UQF”) and Heron Holding Corporation have completed the acquisition of Truco Enterprises (“Truco”), a leading seller of tortilla chips, salsa and queso under the
ON THE BORDER® (“OTB”) brand, for a total purchase price of $480 million, subject to a customary post-closing purchase price adjustment. The acquisition includes the
A
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