Litigation challenges UTC Rockwell merger disclosures
A class action by Rockwell stockholder Ted Sharpenter claims United Technologies Corp and Rockwell Collins failed to disclose financial projections in the merger registration. The suit alleges omissions misled investors about future cash flow and notes no projections for UTC. The deal, valued at about 30 billion with Rockwell debt, aims to form a new UTC Rockwell division.
MENTIONED IN THIS ARTICLE
Rockwell Collins
United Technologies Corp
Rockwell
U.S
Ted Sharpenter
Cedar Rapids
UTC
Riveter Merger Sub Corp
Sharpenter
Rockwell Public
Pamela Tordy-Cleary
University of Iowa College of Law
Robert Miller
Miller
Connecticut
United Technologies
Apache Inc
Motion Industries
Alabama
Cedar Rapids firm Diamond V to be acquired by Cargill
Cargill will buy Diamond V including its Embria Health Sciences unit for an undisclosed price. Diamond V headquarters at 2525 60th Ave SW Cedar Rapids will remain the base for future animal food investments and two local plants. The $28 million Cedar Rapids expansion progresses with $1.9 million state incentives, and no immediate job losses are expected. Diamond V employs about 130 locals and 300 globally. leadership will stay post acquisition.
MENTIONED IN THIS ARTICLE
Cargill
Diamond V Mills
Cedar Rapids
Edar Rapids
Diamond V
Embria Health Sciences
Jeff Can
Non
60Th Ave
Tim Loesch
Loesch
Mike Wright
Wayzata
Junge Automotive Group Opens New North Liberty Ford Dealership
Jason Junge unveils a new 31 000 square foot Ford outlet at the I 380 Penn Street interchange in North Liberty set for March 1 with about 45 employees. The full service dealership replaces a temporary site at 2905 W Penn Street and ties to Junge family operations in Hiawatha and Center Point. Watts Group Iowa City North Liberty is general contractor and Knapp Warden Cedar Rapids is architect.
MENTIONED IN THIS ARTICLE
Junge Ford
North Liberty
Jason Junge
Junge Automotive Group
N. Madison St
W. Penn St
Hiawatha
Center Point
Junge
Gary Junge
Ford
Oxford
Mary Ann Carter
Watts
Iowa City
Knapp Warden
Cedar Rapids
Junge Automobile Group
Whirlpool tells Sears in May it will stop providing products
Whirlpool said it informed Sears in May of its decision to stop supplying products, ending a supply arrangement between the two companies. The move affects future orders and ongoing contracts. Both firms declined further comment.
MENTIONED IN THIS ARTICLE
Reuters Whirlpool
Sears
Sears Ends Whirlpool Partnership Amid Pricing Dispute
Sears Holdings will stop selling Whirlpool products after failing to reach pricing terms. Sears will sell remaining Whirlpool inventory, including Maytag KitchenAid and JennAir, until depleted. Whirlpool CEO Marc Bitzer said the split reflects higher raw material costs and plans to ship inventory to other vendors.
MENTIONED IN THIS ARTICLE
Sears Holdings
Maytag
KitchenAid
Jean-Air
Sears
Bloomberg
Whirlpool
Marc Bitzer
Bitzer
Wall Street
Also Mentioned on This Page
Utc-Rockwell
Trish.mehaffey
Thegazette
Liz Martin
the Gazette
Animalnutrition Company
Matthew
Patane
Penn Street
I-380
George C. Ford
Wvnitipoo
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!