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Biden Asia Czar Will Recuse Himself From Issues That Pose Conflict of Interest, White House Says

The White House said that Campbell, who stepped down as the company s CEO in January, will list his former clients in his public disclosure report. Campbell has also divested from the Asia Group and from its investment-bank arm, the Asia Group Capital Advisory Partners (TAG Capital), according to the White House. Kurt fully divested from the Asia Group on assuming his position at the NSC, said the White House spokesman. He will list all his clients on his 278 form, and will work with White House Counsel on any necessary recusals to avoid perception of a conflict of interest. Corporate records show Campbell founded the consulting firm in 2012, during his final months serving as an assistant secretary at the State Department. He spent the past eight years as CEO, stepping down on Jan. 14 after Biden appointed him to his current position.

Biden Asia Czar s Holdings May Present Conflict of Interest

The Asia Group bills itself as the premier strategic advisory firm to the world s leading companies seeking to excel across Asia and provides businesses with strategic advice on government policy and business, including advice to market leaders looking for investment opportunities in China s Belt & Road Initiative, a global infrastructure project by the Chinese government that has been deemed a security threat by U.S. officials. Campbell s work for the firm could pose a conflict with his role as director of Asia policy at the National Security Council, where he is likely to encounter issues that overlap with his former clients interests.

Acorn International s Shareholders Approve Going Private Transaction

Acorn International s Shareholders Approve Going Private Transaction News provided by Share this article Share this article SHANGHAI, Jan. 22, 2021 /PRNewswire/ Acorn International, Inc. (NYSE: ATV) ( Acorn or the Company ), a leading marketing and branding company in China, today announced that at an extraordinary general meeting of shareholders (the EGM ) held today, the Company s shareholders voted in favor of, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger (the Merger Agreement ) with First Ostia Port Ltd., a Cayman Islands exempted company ( Parent ), and Second Actium Coin Ltd., a Cayman Islands exempted company and a wholly-owned subsidiary of Parent ( Merger Sub ), the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands (the Plan of Merger ) in connection with the Merger; and the consummation of the transactions contemplated by the Merger Agreement and the Plan

Acorn International Announces Extraordinary General Meeting for Going Private Transaction

Acorn International Announces Extraordinary General Meeting for Going Private Transaction News provided by Share this article Share this article SHANGHAI, Dec. 15, 2020 /PRNewswire/ Acorn International, Inc. (NYSE: ATV) ( Acorn or the Company ), a leading marketing and branding company in China, today announced it will hold an Extraordinary General Meeting of Shareholders ( EGM ) on January 22, 2021 at 10:00 a.m.  (Shanghai time) at the offices of Hogan Lovells International LLP, Suite 1804-1808, Park Place, 1601 Nanjing Road West, Jing An District, Shanghai 200040, People s Republic of China. The meeting will be held to consider and vote on, among other matters: the proposal to authorize and approve the previously announced agreement and plan of merger (the Merger Agreement ) with First Ostia Port Ltd., a Cayman Islands exempted company ( Parent ), and Second Actium Coin Ltd., a Cayman Islands exempted company and a wholly-owned subsidiary of Parent ( Merger Sub ), the p

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