TriMas Corporation Reports First Quarter 2009 Results
Company Initiatives Enabled Debt Reduction of $44.8 Million During First Quarter
Company Initiatives Enabled Debt Reduction of $44.8 Million During First Quarter
This morning Continental is continuing its talks with the management of MAG with the objective of jointly defining the terms of a possible takeover proposal for the Clairoix plant.This meeting is being held the day after MAG management visited the plant. Initially scheduled for May 4, the visit was postponed at the request of the Ministry for the Economy, Finances and Employment for safety reasons, the site having been closed temporarily following the destruction of fire prevention, alarm and surveillance systems.
Transcontinental Inc. today announced that it has reached an agreement with its bank syndicate to renew credit facilities of $125 million for one year, giving it additional leeway in managing its working capital and capital expenditures or to meet any other specific need.
A Filing of Motion With Quebec Superior Court Relating to Creditors’ Meeting Under Canadian CCAA Proceedings Was Also Deposited
The political journalist and author will receive his award at the Deutsches Schauspielhaus in Hamburg on May 8, 2009.
At todays Giesecke & Devrient (G&D) shareholders meeting, Dr. Peter Mihatsch, long-standing Chairman of both the Supervisory and Advisory Boards, and Dr. Karl Heinz Weiss, long-serving member of the Supervisory Board and Vice Chairman of the Advisory Board, stood down from these two committees. During the same session, the shareholders meeting appointed two new members to the Supervisory Board and Advisory Board – Dr. Susanne Weiss and Prof. Dr.-Ing. Gunther Reinhart.
Lonnie L. Peppler-Moyer, President and Publisher of the Monroe Publishing Company in Monroe, Michigan, has been elected to serve as Chair of The ESOP Association. The ESOP Association is the national trade association for companies with employee stock ownership plans (ESOPs) and the leading voice in America for employee ownership.