Tag: Company

Wanda Sports Group Company Limited Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company

BEIJING, Sept. 30, 2020 /PRNewswire/ — Wanda Sports Group Company Limited (the “Company,” and together with its consolidated entities, “Wanda Sports Group“) (NASDAQ: WSG), a leading global sports events, media and marketing platform, today announced that its Board of Directors (the “Board“) has received a preliminary non-binding proposal letter, dated September 30, 2020 (the “Proposal Letter“), from Wanda Sports & Media (Hong Kong) Holding Co. Limited (the “Proposing Buyer“), a wholly-owned subsidiary of Dalian Wanda Group Co. Ltd., to acquire all of the outstanding Class A ordinary shares of the Company (the “Class A Ordinary Shares“), including American depositary shares representing Class A Ordinary Shares (“ADSs,” with every two ADSs representing three Class A Ordinary Shares), for US$2.50 in cash per ADS, or US$1.67 per Class A Ordinary Share (the “Proposed Transaction“). A

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Kelly Clarkson Sued By Management Company Alleging Breach of Contract, $5.4M in Unpaid Commissions

Starstruck Management Group is owned by Narvel Blackstock, father of Clarkson’s soon-to-be-ex-husband Brandon Blackstock.

Kelly Clarkson’s ex-father-in-law’s management company is suing the American Idol singer for allegedly breaking an oral agreement and is seeking to recoup commissions on “millions of dollars” worth of deals.

Narvel Blackstock, owner of Starstruck Management Group LLC, is suing Clarkson, 38, and her Face Face production company, according to the eight-page lawsuit filed in Los Angeles Superior Court. Clarkson and Starstruck appeared to have a working relationship until this year, when the company accrued $3.3 million in estimated commissions, of which Clarkson has allegedly paid just $1.9 million. Starstruck claims that Clarkson still owes the company at least $5.4 million in commissions.

The lawsuit comes three months after Clarkson filed for divorce from Narvel’s son Brandon Blackstock. The couple married in 2013 and have two children.

According to the court filing, Narvel began

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Tesla has reportedly abandoned a plan to buy a mining company in Nevada

a person standing in front of a building: Elon Musk talks about battery production during Tesla's recent Battery Day event. Tesla/Youtube

© Tesla/Youtube
Elon Musk talks about battery production during Tesla’s recent Battery Day event. Tesla/Youtube

  • Deal talks around Tesla acquiring Nevada-based mining company Cypress Development Corp. have fallen through, Bloomberg first reported.
  • As the company shifts its plan, it now has the rights to mine Lithium on its own in the state, according to the report.
  • The automaker has access to 10,000 acres of “lithium-rich clay deposits,” in Nevada, where the company already has a Gigafactory.
  • The company hopes producing Lithium on a large scale will help keep battery costs low and enable it to finish a $25,000 Tesla in “about three years.”
  • Visit Business Insider’s homepage for more stories.

Tesla was recently holding acquisition talks with a Nevada-based mining company to advance its ambitious plan to source lithium from clay deposits in the US, but the electric-car company was unable to reach a deal and has since secured the

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Kelly Clarkson Sued by Her Management Company

Kelly Clarkson is being sued by her management company over alleged unpaid commissions. According to the lawsuit filed by Starstruck Management Group on Tuesday (Sept. 29) in Los Angeles Superior Court, the singer, The Voice coach and talk show host owes more than $1 million in unpaid commission.

Variety reports that the suit claims Clarkson has paid Starstruck $1.9 million in commission for her television work in 2020, but still owes the company $1.4 million, and will owe at least $5.4 million by the end of the year. The lawsuit claims, therefore, she has breached an oral contract.

Clarkson and Starstruck do not have a written management agreement, as the type of suit notes; rather, back in 2007, Clarkson’s lawyer and business manager negotiated the deal verbally, and she confirmed it via a phone call. Nonetheless, she has regularly paid the company commissions according to that verbal agreement until now.

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Steam Trap Market Analysis Report| Business Insights, market conditions, company overviews Business Opportunities and predictions of 2026

The MarketWatch News Department was not involved in the creation of this content.

Sep 29, 2020 (Profound via COMTEX) —
Steam Trap Market 2020 Report offers a professional and in-depth study on the current state of the Global Steam Trap Market along with competitive landscape, Steam Trap Market share and revenue forecasts 2026. This report is a valuable source of guidance for companies and individuals offering Industry Chain Structure, Business Strategies and Proposals for New Project Investments.

The Global Steam Trap market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

This report studies the Steam Trap market size (value and volume) by players, regions, product types and

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Why people in your company may or may not act on your strategy

Why people in your company would (not) act upon your strategy?
Ausrine Silenskyte’s research revealed that employees may behave strategically without prescriptions, or even without knowing details in the strategy, if certain conditions are met. Credit: Riikka Kalmi, University of Vaasa

Despite extensive communication efforts or control systems, many employees still do not understand a given organization’s strategic goals, let alone act upon them. How could this be changed?

According to Ausrine Silenskyte’s dissertation presented at the University of Vaasa, the major driver of strategy implementation is the person’s commitment to their personal preferences and organizational ability to reciprocate, i.e. to ensure that the people working at the organization feel supported in achieving their personal commitments. Once this is in place, employees open up for organizational strategy and become interested in behaving strategically.

“A strategy is meaningful only when implemented. Every manager knows how difficult it is to ensure that every person in the company understands the strategic goals and behaves

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Incentive Cards Market Precise Outlook 2020- Visa, Mastercard Incorporated, American Express Company, PayPal Holdings

The MarketWatch News Department was not involved in the creation of this content.

Sep 29, 2020 (Market Insight Reports) —
The Global Incentive Cards Market Research Report 2020-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

Click the link to get a Sample Copy of the Report:


Top leading Companies of the Global Incentive Cards Market are – Visa, Mastercard Incorporated, American Express Company, PayPal Holdings, JCB Co. Ltd., JP Morgan Chase & Co., Bank of America, Discover Financial Services Inc., and others.

Market Overview

The global incentive cards market is experiencing significant growth and

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Global Casting Aluminum Wheel Market 2020 Company Profile, Import/Export Scenario, Business Strategies and Emerging Market Segments to 2025

The MarketWatch News Department was not involved in the creation of this content.

Sep 28, 2020 (CDN Newswire via Comtex) —
Global Casting Aluminum Wheel Market 2020 by Manufacturers, Type and Application, Forecast to 2025 is currently an appended report by MarketQuest.biz that will help you make informed decisions, know opportunities, plan new projects, explore drivers and restraints, plan effective business strategies, and provides a vision on the industry forecast. The report targets the major aspects related to global Casting Aluminum Wheel market growth, development plan, and focuses on significant tactics. The market has experienced an amazing change structure-wise such as product developments, launches, and trends. The market is evaluated on the basis of segments including types and applications. It demonstrates the market size, market share, market trends, and development rate. The report analyzes the progress of this market movement of significant players in this industry.

Scope of the Global

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Global Powder Metallurgy Market 2020 Company Profile, Import/Export Scenario, Business Strategies and Emerging Market Segments to 2025

The MarketWatch News Department was not involved in the creation of this content.

Sep 28, 2020 (CDN Newswire via Comtex) —
MarketQuest.biz has titled a new research report named Global Powder Metallurgy Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 to its consistently extending database that incorporates insightful data from industry specialists. The report throws light on competencies, growth trends, import-export details, and complete regional analysis of the industry. The report concentrates on the industry data that involves market share 2020 concerning volume and value with top countries data, manufacturers, suppliers, in-depth research on global Powder Metallurgy market dynamics, and forecast to 2025. Additionally, rudimentary data related to opportunities, market drivers, restraints product utilization, forecast estimations, and investment feasibility has been provided in this report.

Competitive Intelligence:

The leading players are covered in the global Powder Metallurgy market report with product description, business outline, as well as

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INVESTOR ALERT: Kirby McInerney LLP Announces That a Class Action Lawsuit Has Been Filed Against Blink Charging Company

NEW YORK–(BUSINESS WIRE)–The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of Florida on behalf of those who acquired Blink Charging Company (“Blink” or the “Company”) (NASDAQ: BLNK) securities during the period from March 6, 2020, through August 19, 2020, inclusive (the “Class Period”). Investors have until October 23, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) many of Blink’s charging stations are damaged, neglected, non-functional, inaccessible, nor non-accessible; (ii) Blink’s purported partnerships and expansions with other companies were overstated; (iii) the purported growth of the Company’s network has been overstated; and (iv) as a result, the Company’s public statements were materially false and

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