Aetna (AET), Humana (HUM) Extend Merger End Date to Dec 31, 2016 Jun 24, 2016 04:25PM

On June 24, 2016, in accordance with the terms of the Agreement and Plan of Merger, dated as of July 2, 2015, among Aetna Inc. (NYSE: AET), Echo Merger Sub, Inc., Echo Merger Sub, LLC and Humana Inc. (NYSE: HUM), each of Aetna and Humana delivered written notice to the other that such party had elected to extend the End Date from June 30, 2016 to December 31, 2016.

The foregoing description of the Merger Agreement is subject to, and is qualified in its entirety by, the... (continue reading...)

Univar (UNVR) Announces Decision from Canadian Tax Court Jun 24, 2016 04:25PM

As previously disclosed in the Company's public financial statements, the Canada Revenue Agency ("CRA") and province of Alberta issued assessments for taxes and interest directly related to certain restructuring activities associated with the 2007 acquisition of Univar (NYSE: UNVR) by investment funds advised by CVC Capital Partners ("CVC"). The taxes and interest assessed related to these matters aggregate to $85.1 million (USD) at current exchange rates. The tax... (continue reading...)

Boston Beer Co. (SAM) Names Jonathan Potter Chief Marketing Officer Jun 24, 2016 04:17PM

The Boston Beer Company, Inc. (NYSE: SAM) announced today that Jonathan N. Potter will be joining the Company as its Chief Marketing Officer in August, where he will have primary responsibility for overseeing the Company's planning, development and execution of its brand development, marketing and advertising initiatives.

Mr. Potter has nearly 30 years of marketing experience, most of which has been in the alcohol beverage industry. He comes to the Company from Moet... (continue reading...)

Nve Corp (VEC) Comments on Thule decision Jun 24, 2016 04:08PM

Exelis Services A/S, a Danish enterprise of Vectrus Systems Corporation, Vectrus, Inc. (NYSE: VEC), has learned that the U.S. Court of Appeals for the Federal Circuit has issued a decision reversing the decision of the Court of Federal Claims, which had set aside an award to Exelis Services A/S of the Thule Air Base, Greenland, base maintenance services contract. The decision currently is under seal; however, the company looks forward to working with the U.S. Air Force... (continue reading...)

Norwood Financial (NWFL), Delaware Bancshares Approve Merger Jun 24, 2016 03:48PM

Norwood Financial Corp. (NASDAQ: NWFL), the holding company for Wayne Bank, Honesdale, Pennsylvania and Delaware Bancshares, Inc. (OTCPK: DBAI) (“Delaware”), the holding company for NBDC Bank, Walton, New York, jointly announced that Delaware shareholders have approved the proposed merger of Delaware with and into Norwood at the special meeting of Delaware shareholders held today. As previously announced, all required regulatory approvals have also been received. ... (continue reading...)

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