Texas Business

Taylor Morrison Home Corporation Announces Pricing of Public Offering of Class A Common Stock, Using Proceeds to Purchase Interests from its Equity Sponsors, and Additional Concurrent Repurchase from its Equity Sponsors

04 01 2018

SCOTTSDALE, Ariz., Jan. 3, 2018 -- Taylor Morrison Home Corporation ("Taylor Morrison") (NYSE: TMHC), today announced the pricing of the previously announced underwritten public offering of 11,000,000 shares of its Class A common stock.  Taylor Morrison intends to use all of the net proceeds that it receives from the offering to purchase partnership units in its direct subsidiary - TMM Holdings II Limited Partnership - along with shares of Taylor Morrison's Class B common stock, held by its current equity sponsors that are affiliates of and funds managed by TPG Global, LLC and Oaktree Capital Management, L.P.  The aggregate number of partnership units and corresponding shares of Class B common stock purchased by Taylor Morrison will be equal to the number of shares of Class A common stock sold in the offering. In addition, in a separate privately negotiated transaction, TMM Holdings II Limited Partnership agreed to repurchase an aggregate of $100 million of its...

Taylor Morrison Home Corporation Announces Pricing of Public Offering of Class A Common Stock, Using Proceeds to Purchase Interests from its Equity Sponsors, and Additional Concurrent Repurchase from its Equity Sponsors

04 01 2018

SCOTTSDALE, Ariz., Jan. 3, 2018 -- Taylor Morrison Home Corporation ("Taylor Morrison") (NYSE: TMHC), today announced the pricing of the previously announced underwritten public offering of 11,000,000 shares of its Class A common stock.  Taylor Morrison intends to use all of the net proceeds that it receives from the offering to purchase partnership units in its direct subsidiary - TMM Holdings II Limited Partnership - along with shares of Taylor Morrison's Class B common stock, held by its current equity sponsors that are affiliates of and funds managed by TPG Global, LLC and Oaktree Capital Management, L.P.  The aggregate number of partnership units and corresponding shares of Class B common stock purchased by Taylor Morrison will be equal to the number of shares of Class A common stock sold in the offering. In addition, in a separate privately negotiated transaction, TMM Holdings II Limited Partnership agreed to repurchase an aggregate of $100 million of its...

Taylor Morrison Home Corporation Announces Pricing of Public Offering of Class A Common Stock, Using Proceeds to Purchase Interests from its Equity Sponsors, and Additional Concurrent Repurchase from its Equity Sponsors

04 01 2018

SCOTTSDALE, Ariz., Jan. 3, 2018 -- Taylor Morrison Home Corporation ("Taylor Morrison") (NYSE: TMHC), today announced the pricing of the previously announced underwritten public offering of 11,000,000 shares of its Class A common stock.  Taylor Morrison intends to use all of the net proceeds that it receives from the offering to purchase partnership units in its direct subsidiary - TMM Holdings II Limited Partnership - along with shares of Taylor Morrison's Class B common stock, held by its current equity sponsors that are affiliates of and funds managed by TPG Global, LLC and Oaktree Capital Management, L.P.  The aggregate number of partnership units and corresponding shares of Class B common stock purchased by Taylor Morrison will be equal to the number of shares of Class A common stock sold in the offering. In addition, in a separate privately negotiated transaction, TMM Holdings II Limited Partnership agreed to repurchase an aggregate of $100 million of its...

Taylor Morrison Home Corporation Announces Pricing of Public Offering of Class A Common Stock, Using Proceeds to Purchase Interests from its Equity Sponsors, and Additional Concurrent Repurchase from its Equity Sponsors

04 01 2018

SCOTTSDALE, Ariz., Jan. 3, 2018 -- Taylor Morrison Home Corporation ("Taylor Morrison") (NYSE: TMHC), today announced the pricing of the previously announced underwritten public offering of 11,000,000 shares of its Class A common stock.  Taylor Morrison intends to use all of the net proceeds that it receives from the offering to purchase partnership units in its direct subsidiary - TMM Holdings II Limited Partnership - along with shares of Taylor Morrison's Class B common stock, held by its current equity sponsors that are affiliates of and funds managed by TPG Global, LLC and Oaktree Capital Management, L.P.  The aggregate number of partnership units and corresponding shares of Class B common stock purchased by Taylor Morrison will be equal to the number of shares of Class A common stock sold in the offering. In addition, in a separate privately negotiated transaction, TMM Holdings II Limited Partnership agreed to repurchase an aggregate of $100 million of its...

Element Markets, LLC Recognized by Environmental Finance for Work in Biogas and Renewable Fuel Marketplace

04 01 2018

HOUSTON, Jan. 3, 2018 -- In the 2017 18th Annual Environmental Finance Market Rankings, Element Markets, LLC ("Element Markets") was honored for its work in the renewable fuel credit marketplace with three awards:"Element Markets is one of the largest independent generators of D3 RINs and renewable natural gas-based LCFS Credits in the US. We have worked closely with renewable natural gas producers and obligated parties over the years to create long-term solutions designed to reduce volatility and manage risk in the renewable fuel credit markets. Given that we were nominated and recognized by our peers and clients, these awards are especially meaningful to us," said Angela Schwarz, President and CEO of Element Markets.As a marketing company, Element Markets works closely with clients to realize value from renewable natural gas through the generation and sale of renewable fuel credits, renewable energy credits, or greenhouse gas offsets. Element Markets utilizes its experience in each...

eRelevance Named to Entrepreneur 360™ List of America's Best Privately Owned Companies

04 01 2018

AUSTIN, Texas, Jan. 3, 2018 -- eRelevance Corp., the leading customer marketing service for small- to medium-size businesses, has been named one of the "Best Entrepreneurial Companies in America" by Entrepreneur magazine's Entrepreneur 360 list.  The list recognizes the top private, high-growth U.S. companies expertly managing balance, impact, innovation, growth and leadership. "We are honored to be recognized as one of the best private companies driving innovation that delivers superior value to our customers while maintaining exponential top- and bottom-line business growth," says eRelevance Co-founder and CEO Bob Fabbio. "Courageous and thoughtful innovation is the key to far-reaching and lasting positive impact, and it's what drives our team and helps grow our business every day." Honorees were identified based on the results from a comprehensive study of independently owned companies, using a proprietary algorithm and other advanced analytics. The algorithm...

ZigBee STB 2017 Global Market Expected to Grow at CAGR 20.89 % and Forecast to 2019

03 01 2018

New York, NY -- 01/03/2018 -- WiseGuyReports.com adds "Global ZigBee STB Market 2015-2019" reports to its Database.About ZigBee STBs ZigBee STBs are equipped with ZigBee RF4CE standard chip, which is used as a replacement for IR technology in remote controls. With the development of multi-protocol ICs, ZigBee technology is also set to allow STBs to become the centerpiece of smart homes. This technology enables advanced remote control functionalities, such as gesture, motion, and touch control, and removes line-of-sight limitations. As the world is moving toward smart homes, ZigBee-enabled STBs will act as a central point that will control all smart devices in a smart home.TechNavio's analysts forecast the global ZigBee STB market to grow at a CAGR of 20.89% over the period 2014-2019.Covered in this report The report covers the present scenario and the growth prospects of the global ZigBee STB market for the period 2015-2019. To calculate the market size, the report considers...

Registration is Open for EnerCom Dallas Oil & Gas Investment Conference, Feb. 21-22, 2018

03 01 2018

DENVER, Jan. 3, 2018 -- Institutional investors, portfolio managers, financial analysts, CIOs and other investment community professionals who invest in the energy space should register now for the EnerCom Dallas investment conference, which is coming to The Tower Club Feb. 21-22 in downtown Dallas.  EnerCom Dallas is a financial conference that allows institutional investors an early 2018 opportunity to hear and meet CEOs from leading independent E&Ps, including some of the industry's leading Permian, Eagle Ford, Marcellus, Utica and Canadian producers and the oilfield service companies supporting them, discuss plans to drive development, fund operations and return value to shareholders in 2018. Registration for EnerCom Dallas is now open Buyside professionals and oil and gas company executives may register for the event through the conference website.  Oil prices kicked off 2018 with a nice upswing, with West Texas Intermediate crude oil trading above $61...

Cabot Oil & Gas Corporation Announces Dividend Increase of 20 Percent

03 01 2018

HOUSTON, Jan. 3, 2018 -- Cabot Oil & Gas Corporation (NYSE: COG) today announced that its Board of Directors declared a 20 percent increase in its regular quarterly dividend to six cents ($0.06) per share on the Company's common stock. The dividend will be paid on February 7, 2018 to all shareholders of record as of the close of business on January 24, 2018. "Today's decision to increase the Company's dividend for the second consecutive year highlights our commitment to increasing our return of capital to shareholders," commented Dan O. Dinges, Chairman, President and Chief Executive Officer. "We firmly believe that our strong balance sheet and our ability to deliver double-digit growth per debt-adjusted share from our Marcellus Shale asset while generating positive free cash flow will allow us to continue to return capital to shareholders through sustainable dividend growth and opportunistic share repurchases." Cabot Oil & Gas Corporation, headquartered in Houston,...

Wingstop Opens 100th International Location

03 01 2018

DALLAS, Jan. 03, 2018 -- Wingstop Restaurants Inc. (NASDAQ:WING), the award-winning wing concept with more than 1,000 locations worldwide, today announced that it surpassed its 100th restaurant internationally in December. The milestone opening was in Reynosa, Mexico and represents Wingstop’s 60th location in Mexico, the Company’s first and longest running international market. “The opening of our 100th international location marks a momentous day for Wingstop, and a key step in our journey to becoming a top 10 global restaurant brand,” said Larry Kruguer, President of International at Wingstop.  “We are excited to see the progress in our international development and we are grateful for all of our brand partners and team members who have contributed to our global success thus far.”This 100th location adds to Wingstop’s rapidly growing international footprint, which also includes locations in Singapore, the Philippines, Indonesia, the United Arab Emirates, Malaysia,...

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