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News Article | April 25, 2017
Site: globenewswire.com

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA. Offer by the arnault family group on publicly held christian dior shares The main features of the project are the following: The Arnault Family Group intends to file the proposed public offer subject to conclusion of the financing under satisfactory terms. The Boards of Directors of Christian Dior and LVMH are unanimously favorable to the contemplated transactions and appointed independent experts to review their terms. « This project represents an important milestone for the Group. The corresponding transactions will allow the simplification of the structures, long requested by the market, and the strengthening of LVMH's Fashion & Leather Goods division thanks to the acquisition of Christian Dior Couture, one of the most iconic brands worldwide. They illustrate the commitment of my family group and emphasize its confidence in the long-term perspectives of LVMH and its brands. I am delighted to announce this project today and thus continue and reinforce the development of LVMH in France and worldwide. » says Bernard Arnault. Semyrhamis, a company of the Arnault Family Group, which holds directly and indirectly 74.1% of the share capital and 84.9% of voting rights of Christian Dior (Euronext Paris: CDI FP), informed the Board of Directors of Christian Dior of its intention to file a simplified public offer soon for all Christian Dior shares not currently held by the Arnault Family Group. The contemplated transaction would primarily take the form of a simplified mixed public offer, completed by a secondary cash offer and a secondary exchange offer, within the overall limit of €8.0bn in cash and 8.9 million Hermès shares (Euronext Paris: RMS FP) currently held by Arnault Family Group, under the following terms: Secondary offers provide Christian Dior shareholders with a higher degree of flexibility with regards to the terms of their participation to the offer. Christian Dior shares tendered to the primary mixed offer will be fully served upon the terms of this offer. The orders tendered to the secondary offers will be subject to a reduction mechanism, as the case may be, in such a way that the overall proportion of €172 in cash and 0.192 Hermès share for each Christian Dior share tendered is respected. Christian Dior shares which could not be served in the secondary offers due to this reduction mechanism will be deemed tendered to the primary mixed offer. The proposed offer will be filed with the French financial market authority (Autorité des marchés financiers), subject to the conclusion by the initiator of the financing under satisfactory terms. The public offer and offer documentation, once filed, will remain subject to the clearance (décision de conformité) by the French financial market authority (Autorité des marchés financiers). Semyrhamis does not intend to implement a squeeze-out within 3 months following completion of the offer. The offer to Christian Dior shareholders reflects a value in line with the company's Net Asset Value Based on a value per Hermès share corresponding to its closing share price as of April 24th, 2017, the offer values each Christian Dior share at €260[5]. The terms of the contemplated offer represent a premium of: Based on the assumptions below, the Net Asset Value of Christian Dior is estimated at €251 - 263 per share, in line with the terms of the offer: The offer will represent a liquidity opportunity for Christian Dior shareholders, in a context of Christian Dior shares currently trading at all-time highs. After an initial review of the key terms of the contemplated offer, the Board of Directors of Christian Dior which took place on April 24th, 2017: The filing of the proposed offer is expected end of May 2017. The French financial market authority's (Autorité des marchés financiers) clearance (décision de conformité) and launch of the offer are expected in June 2017. The acceptance period of the offer would last three weeks. LVMH (Euronext Paris: MC FP) and Christian Dior, which holds directly and indirectly 41.0% of the share capital and 56.8% of voting rights of LVMH, have signed a Memorandum of Understanding on April 24th, 2017 regarding the contemplated disposal of Christian Dior Couture[9] by Christian Dior to LVMH for an enterprise value of €6.5bn, representing 15.6x adjusted last twelve months EBITDA as of end of March 2017. The transaction will be financed by a vendor loan granted to LVMH with a maximum maturity of 24 months, allowing LVMH to refinance at the appropriate time, based on market conditions. Founded by Monsieur Dior 70 years ago, Christian Dior Couture has been the inspiration for global fashion since its creation. It is one of the most prestigious brands worldwide. Its unique positioning encompasses most high quality product categories, such as Leather, Haute Couture, men's and women's Ready-to-wear, Jewelry and Shoes, and relies on exceptional savoir-faire. Dior's creations are distributed almost exclusively within its proprietary worldwide network of 198 stores. This network represents 93% of the brand's revenue and ensures comprehensive control over its distribution and brand image. Christian Dior Couture owns a portfolio of strategic real estate assets in prime locations, notably its historic store on Avenue Montaigne, the New Bond Street, London[10] store and the new Ginza store in Tokyo2. Revenue doubled over the past five years: this dynamic illustrates its growth potential for the upcoming years. Furthermore, its profitability has improved over the same period, with an increase in profit from recurring operations of 24% per year. Christian Dior Couture continued its growth momentum with last twelve months revenue (as of March 31st, 2017) in excess of €2bn, an EBITDA of €418m[11] and profit from recurring operations of €270m[12]. The contemplated acquisition of Christian Dior Couture will allow LVMH to incorporate one of the most emblematic brands worldwide. It will allow for the regrouping of Christian Dior Couture and Parfums Christian Dior brands, the latter being already part of LVMH Group. On the strength of its history and favorable prospects, Christian Dior Couture will be a source of growth for LVMH. The development of Christian Dior Couture will be notably supported over the coming years by a new creative momentum and significant investments already completed, notably in America, China and Japan. The acquisition will be accretive (+2.7% on a pro forma basis) to LVMH earnings per share from the first year. Following the acquisition, LVMH's gearing will increase from 12% as of December 31, 2016 to 35% on a pro forma basis. Prior steps before the signing of a final disposal agreement LVMH's acquisition of Grandville, which owns Christian Dior Couture as well as other real estate assets operated by Christian Dior Couture, is subject to compliance with processes of information / consultation of employees' representative bodies of Christian Dior Couture, the completion of a confirmatory due diligence and finalization of the legal documentation, to be submitted for approval to the boards of Christian Dior and LVMH as related-party transaction. In addition, a review of the financial terms of the transaction for both LVMH and Christian Dior will be led by two independent experts appointed by the Board of Directors of each party. Support of the Boards of Directors of Christian Dior and LVMH The Boards of Directors of Christian Dior and LVMH held on April 24th, 2017, were unanimously favorable to the signature of a Memorandum of Understanding, based notably on work of their respective financial advisors. The closing of the transaction is expected for the second half of 2017 subject to compliance of the offer for Christian Dior shares. Other information regarding the conference call with analysts and investors Conference call with analysts and investors at 12:00 PM CET Christian Dior, listed on Euronext Paris, controls two primary assets: a 41% stake in the capital of LVMH (representing 57% of the voting rights) and 100% of Christian Dior Couture. The House of Dior, created in 1946 by Monsieur Christian Dior, owns a unique savoir-faire in Haute Couture, Ready-To-Wear, Leather Goods and Jewelry. The brand occupies an emblematic position in absolute luxury, rooted in creativity and product excellence. LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d'Yquem, Domaine du Clos des Lambrays, Château Cheval Blanc, Hennessy, Glenmorangie, Ardbeg, Belvedere, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Cape Mentelle, Newton, Bodega Numanthia and Ao Yun. Its Fashion and Leather Goods division includes Louis Vuitton, Céline, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio Pucci, Marc Jacobs, Berluti, Nicholas Kirkwood, Loro Piana and Rimowa. LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Kenzo Parfums, Perfumes Loewe, BeneFit Cosmetics, Make Up For Ever, Acqua di Parma, Fresh, Kat Von D and Maison Francis Kurkdjian. LVMH's Watches and Jewelry division comprises Bvlgari, TAG Heuer, Chaumet, Dior Watches, Zenith, Fred and Hublot. LVMH is also active in selective retailing as well as in other activities through DFS, Sephora, Le Bon Marché, La Samaritaine, Royal Van Lent and Cheval Blanc hotels. Some of the statements contained in this financial release may include or be based on forward-looking information. Major risk factors, uncertainties or elements either beyond our control or unable to be anticipated as of this writing may thus cause actual results to differ significantly from those expressed or implied by the forward-looking information in this financial release. The statements made herein reflect our vision of the Group's business activities as of the date of this financial release. Accordingly, readers are cautioned not to place undue reliance on the information thus provided. Furthermore, it should be noted that we undertake no obligation to update publicly or otherwise revise any forward-looking statements. Pursuant to the commission implementing regulation (EU) 2016/1055 of June 29th, 2016 laying down implementing technical standards with regard to the technical means for appropriate public disclosure of inside information and for delaying the public disclosure of inside information in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council, this press release may contain inside information and has been sent to the authorized broadcaster of Christian Dior and LVMH on April 25th, 2017 at 7:30 AM CET. This document is a free translation into English of the original French "Communiqué financier" dated April 25th, 2017. It is not a binding document. In the event of a conflict in interpretation, reference should be made to the French version, which is the authentic text. [1] These shares are held by the groupe Arnault and will be offered ex-dividend given the proposed offer timeline [2] Based on Hermès International closing share price as of April 24th, 2017, adjusted for planned detachment of balance of 2016 dividend [3] Volume-weighted average share prices of Christian Dior as of April 24th 2017, adjusted for dividend distribution for share prices up until April 18th, 2017 [4] Adjusted last twelve months EBITDA as of March 31st, 2017, pro forma of Christian Dior Couture expenses ascribed to Christian Dior [5] Based on Hermès International closing share price as of April 24th, 2017, adjusted for planned detachment of balance of 2016 dividend [6] Volume-weighted average share price, adjusted for dividend distribution for share prices up until April 18th, 2017 [7] Including the value of other real estate assets operated by Christian Dior Couture and held by Grandville, the shares of which will be disposed [8] Other assets, liabilities and adjustments at level of Christian Dior [9] Includes Grandville (100%-owned by Christian Dior) and its subsidiary, Christian Dior Couture [11] Adjusted EBITDA, pro forma of Christian Dior expenses ascribable to Christian Dior Couture, and before income / (loss) from joint ventures and associates [12] Adjusted for expenses of Christian Dior ascribable to Christian Dior Couture and after income / (loss) from joint ventures and associates


News Article | April 17, 2017
Site: www.prweb.com

Every parent wants their child to succeed. So why are many of their kids suffering in school? The answer is complicated. But the solutions to these problems are quite simple. Many of these solutions will be presented on Saturday, March 25, 2017 in San Jose, CA. (Tickets) When students are allowed to pursue their own interests and passions they restore their motivation in life. They begin to understand that they create their futures and take responsibility for achieving their own goals. It’s a beautiful thing. Top educators from around the world are gathering to help parents understand the philosophies and practices of their respectful schools, academies, and programs. Many of these educational options have been operating successfully for over ten years. After years of working with parents and students, these leaders have empowered thousands of lives. In many cases, their students become paid professionals in fields they love. Attendees of the Education Options Expo will learn about: self-directed learning centers, apprenticeships, holistic schools, journalism school, homeschooling, deschooling, democratic schools, hip-hop education, self-directed curricula, and threat prevention tactics. “Everyone can point out problems in the school system. But the founders of these schools, academies, and programs have created real solutions for the problems we see in schools. When parents discover these kinds of respectful educational options for their kids they become filled with hope and courage. Then, as their kids begin pursuing their interests and passions, they start developing critical skills and attitudes which lead them to a life of success and fulfilment,” says David Rodriguez, Founder of the Education Options Expo. Click here to learn more. Kenneth Danford - "The Liberated Learners Network: Spreading the North Star Model" Co-founder of NorthStar Self-Directed Teen Center, Sunderland, MA. Jill Pillot - "For Innovative Fashionistas: Follow Your Passion with an Apprenticeship" Founder of Ricochet Academy, San Mateo, CA Luke Rudkowski - "How Students Can Become Influential Journalists" Founder of Change Media University, New York City, NY. Rahman Jamaal MC - "Learning Thru Rap: How to Make the Most of Your Words" Founder of Rap Force Academy, Redwood City, CA Dr. Paul Bulakowski - "Self-Directed Curriculum that Respects All Students" Co-founder of Mind My Education, Berkeley, CA Valerie Jaeger - "Deschooling: How Students & Parents Transition into Homeschooling" Founder of Full Circles Education, Union City, CA David Rodriguez - "How to Find an Apprenticeship You Love" Founder of Valor Academy, San Jose, CA Get Your Ticket to the Education Options Expo


/ins.JMG Cranes has been named a finalist for the Swedish Steel Prize 2017 for developing the MC 580, a new pick and carry crane that is best in class, with a high payload and an easy to transport design.


News Article | April 25, 2017
Site: globenewswire.com

Bernard Arnault a déclaré : « Ce projet constitue un évènement important pour le Groupe. Les opérations correspondantes permettent en effet la simplification des structures, depuis longtemps demandée par le marché, et le renforcement du pôle Mode et Maroquinerie de LVMH grâce à l'acquisition de Christian Dior Couture, l'une des marques au monde les plus emblématiques. Elles illustrent l'engagement de mon groupe familial, marquant sa confiance dans le futur à long terme de LVMH et de ses marques. Je me réjouis de pouvoir annoncer ce projet aujourd'hui et de poursuivre ainsi, en le renforçant, le développement du Groupe LVMH en France et dans le monde. » Semyrhamis, société du Groupe Familial Arnault qui détient directement et indirectement 74,1% du capital et 84,9% des droits de vote de Christian Dior (Euronext Paris : CDI FP), a fait part au Conseil d'administration de Christian Dior de son intention de déposer prochainement un projet d'offre publique simplifiée sur la totalité des actions non détenues par le Groupe Familial Arnault. LVMH (Euronext Paris : MC FP) et Christian Dior, lequel détient directement et indirectement 41,0% du capital et 56,8% des droits de vote de LVMH, ont procédé le 24 avril à la signature d'un protocole de négociation en vue de la cession de Christian Dior Couture[9] par Christian Dior à LVMH pour une valeur d'entreprise de 6,5 Mds€, soit 15,6x l'EBITDA ajusté des 12 derniers mois à mars 2017. L'opération sera financée par un crédit vendeur d'une durée maximale de 24 mois accordé à LVMH, lui permettant de se refinancer au moment opportun en fonction des conditions de marché. Fondée par Monsieur Dior il y a 70 ans, Christian Dior Couture est l'inspirateur de la mode mondiale depuis sa création. Elle est l'une des marques de luxe les plus prestigieuses au monde. Son positionnement unique s'étend sur la plupart des familles de produits de haute qualité, telles que la Maroquinerie, la Haute-Couture, le Prêt-à-Porter Femme et Homme, la Joaillerie ou les Souliers, et s'appuie sur des savoir-faire d'exception. Les créations Dior sont distribuées quasi-exclusivement au sein de son propre réseau mondial de 198 boutiques. Ce réseau représente 93% des ventes de la marque et lui assure la maîtrise de sa distribution et de son image. Christian Dior Couture détient un patrimoine d'actifs immobiliers stratégiques à des emplacements de premier plan, notamment sa boutique historique de l'avenue Montaigne, la boutique de New Bond Street à Londres[10] et la nouvelle boutique de Ginza à Tokyo2. Fort de son histoire et de ses perspectives favorables, Christian Dior Couture constituera une source de croissance pour LVMH. Au cours des prochaines années, le développement de Christian Dior Couture sera notamment soutenu par une nouvelle dynamique créative et par les investissements importants déjà réalisés, en particulier en Amérique, en Chine et au Japon. LVMH Moët Hennessy Louis Vuitton est présent dans les Vins & Spiritueux au travers notamment des Maisons Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d'Yquem, Domaine du Clos des Lambrays, Château Cheval Blanc, Hennessy, Glenmorangie, Ardbeg, Belvedere, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Cape Mentelle, Newton, Bodega Numanthia et Ao Yun. Le secteur Mode et Maroquinerie inclut les marques Louis Vuitton, Céline, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio Pucci, Marc Jacobs, Berluti, Nicholas Kirkwood, Loro Piana et Rimowa. LVMH est présent dans le secteur des Parfums et Cosmétiques avec les marques Parfums Christian Dior, Guerlain, Parfums Givenchy, Kenzo Parfums, Parfums Loewe, BeneFit Cosmetics, Make Up For Ever, Acqua di Parma, Fresh, Kat Von D et Maison Francis Kurkdjian. Le groupe d'activités Montres & Joaillerie est constitué des marques Bvlgari, TAG Heuer, Chaumet, Dior Montres, Zenith, Fred et Hublot. LVMH est également actif dans la distribution sélective ainsi que d'autres activités au travers de DFS, Sephora, Le Bon Marché, La Samaritaine, Royal Van Lent et les hôtels Cheval Blanc. En application du règlement d'exécution (UE) 2016/1055 de la Commission du 29 juin 2016 établissant des normes techniques d'exécution relatives aux modalités techniques de publication et de report des informations privilégiées conformément au règlement (UE) n°596/2014 du Parlement européen et du Conseil, le présent communiqué de presse est susceptible de contenir des informations privilégiées et a été communiqué au diffuseur agréé de Christian Dior et LVMH le 25 avril 2017 à 7h30.


News Article | April 17, 2017
Site: www.pressat.co.uk

Project Gemini was set up in 2011 for British and American former service personnel who had lost their sight. Project Gemini, a joint UK/U.S. support project for blind veterans, was named recipient of the International Award at the 2017 Soldiering On Awards, held Friday, 24 March in London in the presence of the charity’s patron the Rt Hon Earl Howe PC. Sponsored by Airbus Defence and Space, the International Award recognises outstanding achievements, acts of personal sacrifice or comradeship demonstrated internationally, by individuals, groups or associations which have supported the British Armed Forces Community. Project Gemini was set up in 2011 for British and American former service personnel who had lost their sight. Its objective is to share knowledge of rehabilitation and training and to strengthen relations between Blind Veterans UK and Blinded Veterans Association (BVA) as well as the veterans they support. Every year participants meet for a week in both the United Kingdom and the U.S., to take part in local activities, share stories, and learn from each other to improve the lives of blind veterans in both countries. It is the perfect example of international cooperation being fostered and grown to benefit both countries' armed forces communities. Project Gemini was selected by a distinguished Independent Judges Panel, co-chaired by General the Lord Dannatt GCB CBE MC DL and Debra Allcock Tyler, Chief Executive of the Directory of Social Change. Earl Howe said: “The Soldiering On Awards recognise the amazing contribution that former members of the Armed Forces continue to make to society and also those individuals, charities, groups and animals in the wider community who support their journey. We believe that we are all part of one community and are stronger together supporting each other.” Hosted by award-winning journalist Angela Rippon and former Royal Marine medic Cassidy Little, the 2017 Soldiering On Awards recognized 46 finalists in 10 categories, naming each category winner. Finalists were nominated by members of the public and more than 40 charities and not-for-profit organisations either representing or associated with the wider Armed Forces Community. The Soldiering On Through Life Trust encourages support for the UK’s Armed Forces Community by nationally recognising the achievements of groups or individuals supporting this Community through the annual Soldiering On Awards. Soldiering On Awards: National Recognition for the Armed Forces Community. For highlights of the 2017 Soldiering On Awards visit: www.soldieringon.org


News Article | May 3, 2017
Site: www.PR.com

Midas Hospitality to Bring First Element by Westin to St. Louis Hotel to be built at current Habitat for Humanity Saint Louis site. St. Louis, MO, May 03, 2017 --( Owner Midas Forest Park, LLC, a subsidiary of Midas Hospitality, recently bought the current home of Habitat for Humanity Saint Louis (HFHSL) located at 3763 Forest Park Ave. The 1.5 acre property was purchased for $2.4 million to make way for the $25 million Element by Westin. Midas Hospitality will lease the non-profit organization space for up to one year while it relocates. The hotel concept encourages renewal through a nature-influenced environment and is constructed with an efficient use of space and sustainability in mind. The eight-story, 119,000-square-foot hotel will include 153 extended stay rooms and feature 10,000-square-foot retail space plus a rooftop lounge. The environmentally-responsible rooms will have oversized windows to allow natural light plus fully-equipped kitchens with spa-inspired bathrooms. The hotel will have an extensive fitness center, an all-natural saline pool, and a borrow-a-bike program for its guests. Element will be located directly across from the St. Louis Foundry redevelopment. It will back up to St. Louis University and be only three blocks from the Cortex Innovation District and one block from Ikea. Midas Hospitality will manage the hotel. The builder is MC Hotel Construction, a general contractor specializing in new hotel construction and renovations, which is the sister company of Midas Hospitality. The architecture firm is Gray Design. All three companies are based in St. Louis, Mo., and this is the first Element hotel built and managed by these businesses. Carrolton Bank provided the financing for the acquisition. “The vibrant midtown area is the perfect place for an environmentally-friendly Element by Westin,” said Midas Hospitality CEO David Robert. “We are excited to work with this growing community by providing extended stay lodging to the university campuses, innovation district, and medical community.” “We are delighted with the sale and what it will mean to our much needed work in the community. As good stewards of our organization’s assets, we were pleased to be able to take advantage of the strong commercial real estate market in the area,” said Habitat for Humanity Saint Louis CEO Kimberly McKinney. “For up to a year, we will be continuing our important work of building safe and affordable housing for hard working families from our current Forest Park Avenue location. We look forward to sharing more information in the future on our operations for our city Habitat ReStore, our construction warehouse and our administrative offices in a conveniently relocated space.” Habitat for Humanity Saint Louis (HFHSL) is a not-for-profit, ecumenical housing ministry working in partnership with individuals and communities of all faiths to improve housing conditions and provide safe, decent and affordable housing in St. Louis City and County. In addition to a down payment and a mortgage, each HFHSL homebuyer invests 350 sweat-equity volunteer hours into building or rehabbing a home and attending life skills classes. Founded in 2006, Midas Hospitality has developed, opened and currently manages numerous properties including 30 hotels in 14 states. The company serves global brands including Hilton, IHG, Marriott, and Starwood. Midas Hospitality’s headquarters are located at 1804 Borman Circle Dr. in Maryland Heights, Mo. For more information, call (314) 692-0100. MC Hotel Construction, which is also located at 1804 Borman Circle Dr., specializes in hotel construction and renovations with projects currently underway in six states. MC Hotel Construction builds for leading brands such as Hilton, Marriott, IHG, Starwood and Legacy Suites. For details, call (314) 339-6600. St. Louis, MO, May 03, 2017 --( PR.com )-- A new eco-conscious hotel, which will be built at the home of a long-time area non-profit organization, is coming to St. Louis by 2019.Owner Midas Forest Park, LLC, a subsidiary of Midas Hospitality, recently bought the current home of Habitat for Humanity Saint Louis (HFHSL) located at 3763 Forest Park Ave. The 1.5 acre property was purchased for $2.4 million to make way for the $25 million Element by Westin. Midas Hospitality will lease the non-profit organization space for up to one year while it relocates.The hotel concept encourages renewal through a nature-influenced environment and is constructed with an efficient use of space and sustainability in mind. The eight-story, 119,000-square-foot hotel will include 153 extended stay rooms and feature 10,000-square-foot retail space plus a rooftop lounge.The environmentally-responsible rooms will have oversized windows to allow natural light plus fully-equipped kitchens with spa-inspired bathrooms. The hotel will have an extensive fitness center, an all-natural saline pool, and a borrow-a-bike program for its guests. Element will be located directly across from the St. Louis Foundry redevelopment. It will back up to St. Louis University and be only three blocks from the Cortex Innovation District and one block from Ikea.Midas Hospitality will manage the hotel. The builder is MC Hotel Construction, a general contractor specializing in new hotel construction and renovations, which is the sister company of Midas Hospitality. The architecture firm is Gray Design. All three companies are based in St. Louis, Mo., and this is the first Element hotel built and managed by these businesses. Carrolton Bank provided the financing for the acquisition.“The vibrant midtown area is the perfect place for an environmentally-friendly Element by Westin,” said Midas Hospitality CEO David Robert. “We are excited to work with this growing community by providing extended stay lodging to the university campuses, innovation district, and medical community.”“We are delighted with the sale and what it will mean to our much needed work in the community. As good stewards of our organization’s assets, we were pleased to be able to take advantage of the strong commercial real estate market in the area,” said Habitat for Humanity Saint Louis CEO Kimberly McKinney. “For up to a year, we will be continuing our important work of building safe and affordable housing for hard working families from our current Forest Park Avenue location. We look forward to sharing more information in the future on our operations for our city Habitat ReStore, our construction warehouse and our administrative offices in a conveniently relocated space.”Habitat for Humanity Saint Louis (HFHSL) is a not-for-profit, ecumenical housing ministry working in partnership with individuals and communities of all faiths to improve housing conditions and provide safe, decent and affordable housing in St. Louis City and County. In addition to a down payment and a mortgage, each HFHSL homebuyer invests 350 sweat-equity volunteer hours into building or rehabbing a home and attending life skills classes.Founded in 2006, Midas Hospitality has developed, opened and currently manages numerous properties including 30 hotels in 14 states. The company serves global brands including Hilton, IHG, Marriott, and Starwood. Midas Hospitality’s headquarters are located at 1804 Borman Circle Dr. in Maryland Heights, Mo. For more information, call (314) 692-0100.MC Hotel Construction, which is also located at 1804 Borman Circle Dr., specializes in hotel construction and renovations with projects currently underway in six states. MC Hotel Construction builds for leading brands such as Hilton, Marriott, IHG, Starwood and Legacy Suites. For details, call (314) 339-6600. Click here to view the list of recent Press Releases from Midas Hospitality


MELVILLE, N.Y.--(BUSINESS WIRE)--April 20, 2017 - Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that during its third quarter of fiscal 2017, its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, which is part of Comtech’s Government Solutions segment, has been awarded a five-year contract, with a not-to-exceed value of $42.7 million, to continue to provide sustainment support for the U.S. Army's Project Manager Mission Command (PM MC) - Blue Force Tracking ("BFT-1") program. BFT-1 is a battle command real-time situational awareness and control system. Under the new five-year BFT-1 sustainment contract, Comtech will perform engineering services, satellite network operations and program management through a hybrid Firm Fixed Price (FFP)/Time & Materials (T&M) contract with Cost Reimbursement CLINs. The base performance period begins April 15, 2017 and ends April 14, 2018, and the contract provides for four twelve-month option periods exercisable by the U.S. Army. The total estimated value of the base year is $8.0 million. The U.S. Army has placed an initial funded order of $3.5 million under this contract and Comtech expects to receive an additional order shortly to fully fund the base year. Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "We are pleased that Comtech has again been selected to work together with the U.S. Army to sustain this critical worldwide military communications system. The award of this contract further demonstrates the ongoing importance of the U.S. Army's BFT-1 satellite tracking communication system." Comtech Mobile Datacom Corporation, a Germantown, Maryland-based company, is engaged in the provision of satellite-based packet data communication systems and location and messaging services through the use of advanced communication and network technology. To learn more about Comtech Mobile Datacom, please visit the company's website at www.comtechtel.com. Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company sells products to a diverse customer base in the global commercial and government communications markets. Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company's Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.


Die MCH Group, eines der weltweit führenden Live-Marketing-Unternehmen mit Hauptsitz in Basel/Schweiz, übernimmt zu 100 % die Unternehmensgruppe MC2 ("MC-squared"), ein bekanntes und führendes Dienstleistungsunternehmen im Messe- und Eventmarkt in den USA. Es ist dies die mit Abstand grösste Akquisition in der 100jährigen Geschichte der MCH Group und eine bedeutende strategische Expansion. "Die Übernahme von MC2 ist ein Riesenschritt in der Umsetzung unserer Unternehmensstrategie, die wir seit 2005 verfolgen", erklärt René Kamm, CEO der MCH Group. "Mit ihr werden wir unsere internationale Präsenz und Aktivitäten markant verstärken und unsere Dienstleistungsangebote im Bereich Live Marketing weiter ausbauen." Als einer der Marktführer bei Messen und Corporate Events sowie beim Bau permanenter Markenwelten beschäftigt MC2 über 350 Angestellte an 15 Standorten in den USA (Atlanta, Boston, Charlotte, Chicago, Dallas, Detroit, Kingman, Las Vegas, Lehigh Valley, Los Angeles, New York, Orlando, San Francisco und St. Louis) und in Deutschland (Düsseldorf) und erwirtschaftet einen Jahresumsatz von rund CHF 160 Mio. MC2 wird ein eigenständiges Unternehmen innerhalb der Division "Live Marketing Solutions" der MCH Group bleiben. Das Unternehmen wird unter der Leitung des CEO Gary Benson und seines Management Teams seine bestehende Organisationsstruktur beibehalten, ebenso wie seine operativen Geschäftsstellen in den USA und in Deutschland. "Wir freuen uns sehr, MC2 in unserer MCH Group und unserem Netzwerk der Live Marketing Solutions willkommen zu heissen", sagt Jean-Marc Devaud, CEO der Division "Live Marketing Solutions" der MCH Group. "Wir sind beeindruckt von der grossen Kompetenz und der starken und loyalen Kundenbasis von MC2, die uns an der Seite eines ausgewiesenen und wachsenden Partners Zugang zum wichtigen amerikanischen Markt verschafft." Jean-Marc Devaud betont weiter: "Wir können nun lokal und global tätige Kunden in allen wichtigen Märkten - Europa, USA, Asien und Mittlerer Osten - und in allen Live Marketing Bereichen bedienen. Wir können lokale Kunden mit unseren autonomen Gesellschaften und global tätige Kunden durch das Netzwerk unter dem Dach der MCH Global betreuen." MCH Group und "Live Marketing Solutions" Die MCH Group ist eines der weltweit führenden Live Marketing Unternehmen mit einem umfassenden Dienstleistungs-Netzwerk im gesamten Messe- und Event-Markt. Mit ihrem Hauptsitz in Basel/Schweiz gehören zu ihr die Messegesellschaften in Basel, Lausanne und Zürich. Sie veranstaltet und hostet rund 90 Messen, darunter die weltweit führenden Baselworld und Art Basel in Basel, Miami Beach und Hong Kong. Ihre Gesellschaften im Bereich "Live Marketing Solutions" bieten individuelle Marketing Lösungen in den Bereichen Strategie und Konzeption, Marketing Consulting, Event Management, Messe- und Eventbau sowie Multi Media Lösungen. Diese Gesellschaften sind weltweit tätig. Sie sind an verschiedenen Standorten in der Schweiz und in Deutschland präsent und haben Niederlassungen in Shanghai, Dubai und Astana. www.mch-group.com MC2  MC2 ("MC-squared") ist ein führendes Dienstleistungsunternehmen im Messe- und Eventmarkt in den USA. Sie hat sich seit 1999 zu einem der Marktführer bei Messen und Corporate Events sowie beim Bau permanenter Markenwelten entwickelt. Das Unternehmen schafft integrierte Marketing Programme und kreiert Erlebnisse, wo Menschen Menschen begegnen. Einige der weltweit grössten Brands wie Canon, Samsung, Caterpillar, General Electric, Toyota, Motorola, Bloomberg, Volvo und 350 weitere nehmen die Fachkompetenz und Partnerschaft von MC2 in Anspruch. Das Unternehmen hat seinen Hauptsitz in Chestnut Ridge, New York und beschäftigt eine grosse Anzahl Live Marketing Experten an 14 Standorten in den USA sowie in Düsseldorf/Deutschland. www.mc-2.com

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