Moving on, everybody knows that I have had great success investing in Nigeria for myself, my family and the communities in which my businesses operate, but then the time has come for me to replicate the successes I have enjoyed in Africa on a global scale.
I am extremely excited to have Century Petroleum Corp as future part of the IBETO group and having taken over the reigns as the Chairman of the Board of Directors of the company will enable me to put together teams that will help grow the company and propel it and also members of the board that will help me breathe life into what Century Petroleum will ultimately become.
Such forward looking statements include, among others, statements about the benefits of the proposed transaction, including future financial and operating results, plans, objectives, expectations for LifePoint and other statements that are not historical facts.
The final structure for the Proposed Transaction is subject to satisfactory tax, corporate and securities law advice for both Century Petroleum Corps and Ibeto Cement Company Limited. Per the Agreement, Dr.
Such forward-looking statements are subject to risks and uncertainties, and actual results may differ materially. For more information about Apollo, please visit http: The merger would produce a privately held company operating under the LifePoint Health name and led by William F.
LifePoint and RCCH are aligned in our missions and commitment to ensuring that non-urban communities across the country have access to quality care, close to home. Potential risks and uncertainties include, but are not Towne services inc announces proposed merger to, technical advances in the industry as well as political and economic conditions present within the industry.
The Company intends on continuing to deploy resources, research and expertise in evaluating further opportunities in developing countries as part of its overall growth model.
In the Proposed Transaction, existing shareholders of the Company as of immediately prior to the completion of the Proposed Transaction would hold post-Consolidated Century Petroleum Shares whose voting rights will be subordinated with a value, based on the merger.
Private Business has an outstanding sales culture with an enviable record of profitable sales to a nationwide network of community banks and thousands of small businesses across the United States. Actual results may differ materially from those expressed or implied by such forward-looking statements as a result of the following factors, among others: With our joint customer base of over 1, banks under contract and over 8, merchants, we will be the undisputed leader in providing e-commerce business and management tools to banks and small businesses.
Forward-Looking Statements This communication contains certain information, including statements as to the expected timing, completion and effects of the proposed merger involving LifePoint, which may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of I have a desire to build a formidable structure for companies that will outlive me.
Any of these statements could prove to be inaccurate and actual events or investments and results of operations could differ materially from those expressed or implied. Prior to the merger, the Company was a subsidiary of AmericaTowne. The filings of AmericaTowne can be found at www. The Company delivers these services and products on-line by linking its business and bank customers to its processing systems using the Internet and telecommunications lines.
Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control.
We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made. You are cautioned not to place undue reliance on any forward-looking statements and the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, future events or other changes.
Clearly, the merger will create a company with broader capabilities and more resources and we are very enthusiastic about the expanded market presence after the consummation of this transaction.
This transaction will enable Ibeto Cement Company Limited to raise sufficient capital to dominate the industry in Nigeria and West African sub region as a whole. Final terms of the proposed transaction will be disclosed upon the signing of a definitive agreement, which is expected by March 31, This communication is not a substitute for the proxy statement or any other document that LifePoint may file with the SEC or send to its stockholders in connection with the proposed merger.
The merger is subject to customary closing conditions, including approval by the shareholders of both companies, and is expected to close in the first half of As a result of the merger, the Company made a pro rata distribution of registered common stock to former AmericaTowne shareholders.
The financing also includes an equity contribution from funds managed by Apollo. LifePoint owns and operates community hospitals, regional health systems, physician practices, outpatient centers and post-acute facilities in 22 states.
LifePoint purchased an percent stake in then-not-for-profit Fauquier Health in late and the remaining 20 percent interest earlier this year. Together, we can extend this shared focus while generating new opportunities for growth and partnerships that will help us navigate the changing healthcare industry dynamics.
Additional information and Where to Find It This communication relates to the proposed merger transaction involving LifePoint.Towne also offers a full range of financial services through its controlled divisions and subsidiaries that include Towne Investment Group, Towne Insurance Agency, TFA Benefits, TowneBank Mortgage.
Towne also offers a full range of financial services through its controlled divisions and subsidiaries that include Towne Investment Group, Towne Insurance Agency, TFA Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Prudential Towne Realty, Towne Exchange, LLC, and Corolla Classic Vacations.
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TowneBank Announces Agreement to Acquire Monarch Financial Holdings, Inc. and Monarch Bank. will join Towne as President and Chief Executive Officer of Towne Financial Services Group. In connection with the proposed merger, TowneBank will file with the Federal Deposit Insurance Corporation (the “FDIC”) a preliminary proxy statement.
Towne Services, Inc. (Nasdaq/NM:TWNE) today announced the execution of a letter of intent to engage in a strategic merger with Private Business, Inc., (Nasdaq:PBIZ). Based in Brentwood, Tennessee, Private Business is a leading provider of technology-driven solutions that help banks manage accounts receivable financing for small businesses.
Towne Services, Inc. Announces Proposed Merger With Private Business, Inc The letter of intent provides that Towne's shareholders would own approximately 36% of the surviving corporation's capital stock following consummation of the merger.Download