Synlogic to Present at Upcoming Virtual Banking and Industry Conferences

PR Newswire

CAMBRIDGE, Mass., April 1, 2021 /PRNewswire/ — Synlogic, Inc. (Nasdaq: SYBX), a clinical stage company bringing the transformative potential of synthetic biology to medicine, today announced that Aoife Brennan, M.B. Ch.B., Synlogic’s President and Chief Executive Officer, and other members of the executive team will present at the following virtual banking and industry conferences:

  • 20th Annual Needham Virtual Healthcare Conference: Dr. Brennan and Daniel Rosan, SVP & Head of Finance, will present at 3:00 pm on Monday, April 12, 2021.
  • Jefferies Microbiome-based Therapeutics Summit: Dr. Brennan will participate in a Fireside Chat that will become available on Thursday, April 22, 2021.

These are virtual events. A live webcast of the presentations, if available, can be accessed under “Event Calendar” in the Investors & Media section of the Company’s website. An archived copy of the webcast will be available on the Synlogic website for approximately 30 days after the event.

About Synlogic
Synlogic™ is bringing the transformative potential of synthetic biology to medicine. With a premiere synthetic biology platform that leverages a reproducible, modular approach to microbial engineering, Synlogic designs Synthetic Biotic medicines that target validated underlying biology to treat disease in new ways. Synlogic’s proprietary pipeline includes Synthetic Biotics for the treatment of metabolic disorders including Phenylketonuria (PKU) and Enteric Hyperoxaluria (HOX). The company is also building a portfolio of partner-able assets in immunology and oncology.

Forward-Looking Statements
This press release contains “forward-looking statements” that involve substantial risks and uncertainties for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release regarding strategy, future operations, clinical development plans, future financial position, future revenue, projected expenses, prospects, plans and objectives of management are forward-looking statements. In addition, when or if used in this press release, the words “may,” “could,” “should,” “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “predict” and similar expressions and their variants, as they relate to Synlogic may identify forward-looking statements. Examples of forward-looking statements, include, but are not limited to, statements regarding the potential of Synlogic’s platform to develop therapeutics to address a wide range of diseases including: cancer, inborn errors of metabolism,  and inflammatory and immune disorders; the future clinical development of Synthetic Biotic medicines; the approach Synlogic is taking to discover and develop novel therapeutics using synthetic biology; and the expected timing of Synlogic’s clinical trials and availability of clinical trial data. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including: the uncertainties inherent in the clinical and preclinical development process; the ability of Synlogic to protect its intellectual property rights; and legislative, regulatory, political and economic developments, as well as those risks identified under the heading “Risk Factors” in Synlogic’s filings with the SEC. The forward-looking statements contained in this press release reflect Synlogic’s current views with respect to future events. Synlogic anticipates that subsequent events and developments will cause its views to change. However, while Synlogic may elect to update these forward-looking statements in the future, Synlogic specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Synlogic’s view as of any date subsequent to the date hereof.

 

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SOURCE Synlogic, Inc.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against SOS Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against SOS Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against SOS Limited (“SOS” or “the Company”) (NYSE: SOS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between July 22, 2020 and February 25, 2021, inclusive (the ”Class Period”), are encouraged to contact the firm before June 1, 2021.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. SOS misrepresented in its SEC filings the location and/or existence of one of its principal executive offices. Both HY International Group New York Inc. and FXK Technology Corporation were either entities created by the Company or undisclosed related parties. The Company misrepresented the nature of mining rigs it claimed to have purchased. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about SOS, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

The Schall Law Firm

Brian Schall, Esq.,

www.schallfirm.com

Office: 310-301-3335

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

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SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Diamond S Shipping Inc. Merger

WILMINGTON, Del., April 01, 2021 (GLOBE NEWSWIRE) —

Rigrodsky Law, P.A. announces that it is investigating Diamond S Shipping Inc. (“Diamond S Shipping”) (NYSE: DSSI) regarding possible breaches of fiduciary duties and other violations of law related to Diamond S Shipping’s agreement to merge with International Seaways, Inc. (“International Seaways”) (NYSE: INSW). Under the terms of the agreement, Diamond S Shipping’s shareholders will receive 0.55375 shares of International Seaways per share.

To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-diamond-s-shipping-inc.

You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected].

Rigrodsky Law, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

Attorney advertising.  Prior results do not guarantee a similar outcome.

CONTACT:         

Rigrodsky Law, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242 (Toll Free)
(302) 295-5310
Fax: (302) 654-7530
[email protected]
https://rl-legal.com



Athene Completes Significant Pension Risk Transfer Transaction with JCPenney

PR Newswire

HAMILTON, Bermuda, April 1, 2021 /PRNewswire/ — Athene Holding Ltd. (“Athene”) (NYSE: ATH), a leading financial services company specializing in retirement services, announced the close of a significant pension risk transfer transaction in connection with JCPenney’s1 pension plan termination. Under the terms of the transaction, which was signed in March 2021, JCPenney transferred $2.8 billion in pension obligations to Athene. Athene’s wholly-owned subsidiaries, Athene Annuity and Life Company (“AAIA”), and Athene Annuity & Life Assurance Company of New York (“AANY”), have agreed to provide annuity benefits for approximately 30,000 participants of JCPenney’s pension plan who are currently receiving benefits, or will receive benefits in the future.

“We are pleased to serve as a trusted partner to JCPenney in providing retirement security to its retirees and their beneficiaries,” said Sean Brennan, EVP of Pension Risk Transfer and Flow Reinsurance at Athene. “By choosing Athene, JCPenney is entrusting its pension promises to a company with deep experience and expertise in the long-term management of retirement benefits. Rather than face benefit reductions amid the Company’s restructuring activity, the retirees covered by this transaction can be confident they will receive the same pension benefit, on the same schedule, as what they currently receive, or expected to receive in the future.”

“We wanted to find a better solution for our pension plan participants than the distress termination. With the assistance of multiple pension termination experts, we reached an agreement with Athene Holding Ltd. to purchase annuities for all pension plan participants in conjunction with the plan termination,” said Steve Whaley, Chair of the Benefit Plan Investment Committee of J. C. Penney Corporation, Inc.

“Pension risk transfer is an attractive solution for plan sponsors interested in a plan termination, including those going through a company restructuring. Athene is well-positioned to provide plan sponsors with customized solutions that achieve their desired objectives while ensuring the financial security of their plan participants,” said Bill Wheeler, President of Athene. “Our ability to structure innovative solutions combined with our differentiated investment, actuarial, risk management, operational capabilities, and strong balance sheet leaves Athene uniquely positioned to serve the multi-trillion-dollar defined benefit marketplace.”

Under the agreement, AAIA and AANY have each committed to issuing a group annuity contract to JCPenney and individual annuity certificates to applicable participants.

Athene utilized its strategic capital vehicle, Athene Reinsurance Co-investment (“ACRA”), to support the completion of this transaction. Athene is a leader within the pension risk transfer industry, partnering with plan sponsors and intermediaries on more than $18.5 billion of transactions to support more than 300,000 annuitants since entering the market. To learn more about Athene’s PRT solutions, visit www.athene.com/PRT.

____________________


1 All references to JCPenney refer to the company now known as COPPER Sub Corporation, Inc.

About Athene
Athene Holding Ltd. (NYSE: ATH), through its subsidiaries (“Athene”), is a leading financial services company with total assets of $202.8 billion as of December 31, 2020 and operations in the United States, Bermuda, and Canada. Athene specializes in helping its customers achieve financial security and is a solutions provider to institutions. Founded in 2009, Athene is Driven to Do More for our policyholders, business partners, shareholders, and the communities in which we work and live. For more information, please visit www.athene.com.

Safe Harbor for Forward-Looking Statements
This press release contains, and certain oral statements made by Athene’s representatives from time to time may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results, events and developments to differ materially from those set forth in, or implied by, such statements. These statements are based on the beliefs and assumptions of Athene’s management and the management of Athene’s subsidiaries. Generally, forward-looking statements include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. Factors that could cause actual results, events and developments to differ include, without limitation: the accuracy of Athene’s assumptions and estimates; Athene’s ability to maintain or improve financial strength ratings; Athene’s ability to manage its business in a highly regulated industry; regulatory changes or actions; the impact of Athene’s reinsurers failing to meet their assumed obligations; the impact of interest rate fluctuations; changes in the federal income tax laws and regulations; the accuracy of Athene’s interpretation of the Tax Cuts and Jobs Act; litigation (including class action litigation), enforcement investigations or regulatory scrutiny; the performance of third parties; the loss of key personnel; telecommunication, information technology and other operational systems failures; the continued availability of capital; new accounting rules or changes to existing accounting rules; general economic conditions; Athene’s ability to protect its intellectual property; the ability to maintain or obtain approval of the Delaware Department of Insurance, the Iowa Insurance Division and other regulatory authorities as required for Athene’s operations; and other factors discussed from time to time in Athene’s filings with the SEC, including its annual report on Form 10-K for the year ended December 31, 2020 and its other SEC filings, which can be found at the SEC’s website www.sec.gov.

All forward-looking statements described herein are qualified by these cautionary statements and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. Athene does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Contacts:

Media

Amanda Carstens Steward

+1 441 279 8525
+1 515 342 6473
[email protected]

Investors

Noah Gunn

+1 441 279 8534
+1 646 768 7309
[email protected]

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SOURCE Athene Holding Ltd.

David Gomez: Clean Energy Solutions

Los Angeles, CA, April 01, 2021 (GLOBE NEWSWIRE) — David Gomez is the founder and CEO of Clean Energy Solutions, a solar energy provider based in California, with an international office in Mexico. Clean Energy Solutions has grown over 6,500% in the past seven years, is expanding into Texas and Florida, and has been on Inc Magazine’s Inc 500 and Inc 5000 list multiple times. One reason for this rapid success, David says, is because people coast-to-coast are clamoring for more renewable energy options. “Our society is becoming more environmentally aware. As demand for solar increases, Clean Energy Solutions will continue refining our ability to deliver reliable solar power at a price that any homeowner can afford.”

The company differentiates itself from competitors through its unique services. As David explains, “We are the only solar energy provider that does the whole sales process virtually by phone, eliminating in-home appointments. Our flagship product is the Solar Service Agreement. Also known as a Power Purchase Agreement (PPA), it allows homeowners to take advantage of solar energy without having to finance a solar system. Instead of buying solar panels, Clean Energy Solutions will provide them for the homeowner,  and they only pay for the clean electricity generated. This enables you to go solar without paying out-of-pocket or taking out a traditional loan.”

David’s road to success with Clean Energy Solutions began in the car insurance business. “I learned sales while selling car insurance policies by phone. With a little bit of money in my pocket, I flipped my first small four-unit apartment building at the age of 22. I have always wanted to be an entrepreneur, even back then,” he remembers.

After a few years, David jumped to the mortgage industry. “As a mortgage originator for one of the largest mortgage companies in the U.S., I excelled at driving inbound sales leads through innovative marketing approaches. During this time, I also bought and grew a small check cashing and payday loan business, eventually selling it for a profit and getting ready for my next adventure.”

That opportunity came in 2004, when David launched his own mortgage lending company. Using the sales and marketing experience that he had learned as a loan officer, he grew his company into one of the fastest growing mortgage companies at that time. While the company was successful, the economic downturn of 2008 was definitely a challenge. 

“I watched as a lot of friends and business associates that owned successful businesses went under and lost everything. Fortunately, we ran a lean operation with low overhead, so we were able to weather the storm, and I was able to look for new opportunities. After a lot of adapting, we started adding new revenue streams, and we were able to make it through a very challenging and difficult economy,” David states.

In the years that followed, he started several other business ventures while keeping a close eye on the emerging solar industry. He had been watching the solar energy market for several years and always thought that it was such an amazing opportunity. There was an endless supply of renewable solar energy, and it just kept becoming cheaper by the year. It seemed like such a no-brainer, a cheaper energy source that wasn’t harmful to people or the environment. Sensing the timing was right for solar energy, he decided to start Clean Energy Solutions.

David agrees that the entrepreneur journey is never easy. “There have been lots of obstacles and challenges along the way; there always are. I often tell people that being an entrepreneur is like walking a tightrope without a safety net. There can be great rewards, both personally and financially, but there is always great risk along with lots of challenges.”

He is always willing to mentor new business owners with the wisdom he has learned over the years. “The most important asset in any business is experience. So, before starting your own company, try working with an existing one so that you can learn the ins and outs of the industry before committing your own time, money, and resources. This one simple step will save you countless headaches, allowing you to avoid costly rookie mistakes later on.”

In addition, David advises every aspiring entrepreneur to stay lean and save money. “Doing so makes you infinitely more adaptable as the economy fluctuates between boom and bust times. I think a lot of entrepreneurs, new and experienced, discovered this the hard way in 2020.”

As he looks ahead to the future of his company and solar energy, David is thankful for where he is in his life. “I have attained the success I always wanted. I am doing what I love, supporting myself and my family, and helping the world transition to cleaner energy.”

Contact:

David Gomez

Clean Energy Solutions

[email protected]

https://www.cleanenergysolar.org



WynnBET Launches Mobile Sports Book In Fifth State

Betting App’s National Rollout Advances With Entry Into Indiana

PR Newswire

JERSEY CITY, N.J., April 1, 2021 /PRNewswire/ — WynnBET, the premier casino and sports betting app from the global leader in luxury hospitality, Wynn Resorts, opened its mobile sports book in Indiana today. Since the app’s debut in New Jersey in July 2020, WynnBET has solidified its foothold in the quickly evolving mobile and online sports betting industry with four additional launches in the past four months, including Colorado in December 2020, Michigan in January 2021, Virginia in March 2021, and now Indiana. Several pending entries into major jurisdictions across the country are planned throughout 2021.

WynnBET gained market access in Indiana through a multi-year deal with Full House Resorts and its Rising Star Casino Resort. The app is available for download anywhere in the state on Apple and Android devices. In addition to the five live states, WynnBET has market access opportunities in Iowa1*, Massachusetts*, Nevada, Ohio*, and Tennessee. Such market access and licensure are subject to legalization and required approvals by regulatory authorities in each jurisdiction.

For more information, visit WynnBET.com.


About WynnBET

WynnBET is the online gaming division of Wynn Resorts (Nasdaq: WYNN) offering a world-class collection of casino and sports betting mobile options for discerning players who understand the difference between placing a bet and experiencing a bet. WynnBET products are designed to digitally deliver the legendary service and guest experience Wynn Resorts is known for, backed by the Company’s trusted legacy as the world’s premier international casino operator.

WynnBET is anchored by its eponymous mobile sports and casino betting app providing one-of-a-kind experiences, unique social betting mechanics, and a high-quality user interface. Currently available in New Jersey, Colorado, Michigan, Virginia, and Indiana, WynnBET is poised for rapid expansion in 2021 with market access opportunities in ten states and several pending license applications in process. WynnBET is an Authorized Gaming Operator of NASCAR and proud partner of the Memphis Grizzlies and Detroit Pistons, with more partnerships to be announced. WynnBET was launched in 2020 and is headquartered in Jersey City, New Jersey. For more information, visit WynnInteractive.com or WynnBET.com.

Contact:

Eric Kreller, Wynn Las Vegas
702-770-3740
[email protected]

 

1 * WynnBET has market access agreements or opportunities which will become effective if legalized and regulatory requirements, licensee eligibility, and suitability standards are met.

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SOURCE WynnBET

IIROC Trading Halt – CLIQ.DB

Canada NewsWire

TORONTO, April 1, 2021 /CNW/ – The following issues have been halted by IIROC:

Company: Alcanna Inc.

TSX Symbol: CLIQ.DB

All Issues: No

Reason: Pending News

Halt Time (ET): 3:13 PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

Teledyne Clears Canada and Germany Antitrust Reviews for the FLIR Acquisition

Teledyne Clears Canada and Germany Antitrust Reviews for the FLIR Acquisition

THOUSAND OAKS, Calif.–(BUSINESS WIRE)–
Teledyne Technologies Incorporated (NYSE:TDY) announced today that it received antitrust clearance for the pending acquisition of FLIR Systems, Inc. (NASDAQ:FLIR) from regulatory authorities in Canada and Germany.

On Wednesday, March 31, 2021, Teledyne received a No-Action Letter regarding the proposed acquisition from the Competition Bureau of the Government of Canada. Today, Teledyne received a clearance letter from the Federal Cartel Office of Germany. Having received the No-Action Letter and clearance letter, Teledyne has now obtained antitrust clearance from the respective regulatory authorities in Canada and Germany.

Previously, Teledyne obtained antitrust clearance in the U.S. on March 1, 2021, when termination of the waiting period under the Hart-Scott-Rodino (“HSR”) Antitrust Improvements Act of 1976 occurred. Subject to the receipt of additional required regulatory approvals in Poland, Turkey, China and South Korea, the transaction is expected to close in the second quarter of 2021.

In addition, all permanent financing for the pending acquisition was completed on March 22, 2021. Financing consisted of $3.00 billion of investment-grade bonds due 2023 through 2031, as well as a $1.00 billion Term Loan Credit Agreement and an Amended and Restated Credit Agreement with capacity of $1.15 billion both maturing in 2026.

About Teledyne

Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Teledyne’s operations are primarily located in the United States, Canada, the United Kingdom, and Western and Northern Europe.

Additional Information and Where to Find It

In connection with the proposed transaction between Teledyne Technologies Incorporated (“Teledyne”) and FLIR Systems, Inc. (“FLIR”), Teledyne has filed with the Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-4 , as amended by Amendment No. 1, that includes a joint proxy statement of Teledyne and FLIR and a prospectus of Teledyne, as well as other relevant documents concerning the proposed transaction. The Registration Statement is not yet effective. The proposed transaction involving Teledyne and FLIR will be submitted to Teledyne’s stockholders and FLIR’s stockholders for their consideration. Stockholders of Teledyne and stockholders of FLIR are urged to read the registration statement and the joint proxy statement/prospectus regarding the transaction and any other relevant documents filed with the SEC, as well as any amendments or supplements to those documents, because they contain important information.

Stockholders can obtain a free copy of the joint proxy statement/prospectus, as well as other filings containing information about Teledyne and FLIR, without charge, at the SEC’s website www.sec.gov. Copies of the joint proxy statement/prospectus and the filings with the SEC that are incorporated by reference in the joint proxy statement/prospectus can also be obtained, without charge, by directing a request to Teledyne, Attn: Investor Relations, 1049 Camino Dos Rios, Thousand Oaks, California 91360, or to FLIR, Attn: Corporate Secretary, 1201 S Joyce St, Arlington, Virginia 22202.

Participants in the Solicitation

Teledyne, FLIR and certain of their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information regarding Teledyne’s directors and executive officers is available in its definitive proxy statement for its 2021 Annual Meeting, which was filed with the SEC on March 5, 2021, its Annual Report on Form 10-K for the year ended January 3, 2021, which was filed with the SEC on February 26, 2021, and certain of its Current Reports on Form 8-K. Information regarding FLIR’s directors and executive officers is available in its Annual Report on Form 10-K, which was filed with the SEC on February 25, 2021. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, is contained in the joint proxy statement/prospectus and other relevant materials filed with the SEC. Free copies of this document may be obtained as described in the preceding paragraph.

No Offer or Solicitation

This communication shall not constitute an offer to sell or the solicitation of an offer to sell or an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933.

Cautionary Statement Regarding Forward Looking Statements

This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, with respect to management’s beliefs about the financial condition, results of operations and businesses of Teledyne in the future. Forward-looking statements involve risks and uncertainties, are based on the current expectations of the management of Teledyne and are subject to uncertainty and changes in circumstances. The forward-looking statements contained herein may include statements about the expected effects on Teledyne of the proposed acquisition of FLIR, the anticipated timing and scope of the proposed transaction and related financing, anticipated earnings enhancements, estimated cost savings and other synergies related to the proposed transaction, costs to be incurred in achieving synergies, anticipated capital expenditures and product developments, and other strategic options. Forward-looking statements generally are accompanied by words such as “projects”, “intends”, “expects”, “anticipates”, “targets”, “estimates”, “will” and words of similar import that convey the uncertainty of future events or outcomes. All statements made in this communication that are not historical in nature should be considered forward-looking. By its nature, forward-looking information is not a guarantee of future performance or results and involves risks and uncertainties because it relates to events and depends on circumstances that will occur in the future.

Actual results could differ materially from these forward-looking statements. Many factors could change anticipated results, including: ongoing challenges and uncertainties posed by the COVID-19 pandemic for businesses and governments around the world; the occurrence of any event, change or other circumstances that could give rise to the right of Teledyne or FLIR or both to terminate the merger agreement; the outcome of any legal proceedings that may be instituted against Teledyne or FLIR in connection with the merger agreement; the failure to obtain necessary regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the transaction) or stockholder approvals or to satisfy any of the other conditions to the proposed transaction on a timely basis or at all; the inability to complete the acquisition and integration of FLIR successfully, to retain customers and key employees and to achieve operating synergies, including the possibility that the anticipated benefits of the proposed transaction are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the two companies or as a result of the strength of the economy and competitive factors in the areas where Teledyne and FLIR do business; the possibility that the proposed transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; the parties’ ability to meet expectations regarding the timing, completion and accounting and tax treatments of the proposed transaction; changes in relevant tax and other laws; the inability to develop and market new competitive products; inherent uncertainties involved in the estimates and judgments used in the preparation of financial statements and the providing of estimates of financial measures, in accordance with U.S. GAAP and related standards; operating results of FLIR being lower than anticipated; disruptions in the global economy; the spread of the COVID-19 virus resulting in production, supply, contractual and other disruptions, including facility closures and furloughs and travel restrictions; customer and supplier bankruptcies; changes in demand for products sold to the defense electronics, instrumentation, digital imaging, energy exploration and production, commercial aviation, semiconductor and communications markets; funding, continuation and award of government programs; cuts to defense spending resulting from existing and future deficit reduction measures or changes to U.S. and foreign government spending and budget priorities triggered by the COVID-19 pandemic; impacts from the United Kingdom’s exit from the European Union; uncertainties related to the policies of the new U.S. Presidential Administration; the imposition and expansion of, and responses to, trade sanctions and tariffs; escalating economic and diplomatic tension between China and the United States; and threats to the security of our confidential and proprietary information, including cyber security threats. Lower oil and natural gas prices, as well as instability in the Middle East or other oil producing regions, and new regulations or restrictions relating to energy production, including with respect to hydraulic fracturing, could further negatively affect our businesses that supply the oil and gas industry. Disruptions from the production delay of Boeing’s 737 Max aircraft and continued weakness in the commercial aerospace industry will negatively affect the markets of our commercial aviation businesses. In addition, financial market fluctuations affect the value of the Company’s pension assets. Changes in the policies of U.S. and foreign governments, including economic sanctions, could result, over time, in reductions or realignment in defense or other government spending and further changes in programs in which the Company participates. While Teledyne’s growth strategy includes possible acquisitions, we cannot provide any assurance as to when, if or on what terms any acquisitions will be made. Acquisitions involve various inherent risks, such as, among others, our ability to integrate acquired businesses, retain customers and achieve identified financial and operating synergies. There are additional risks associated with acquiring, owning and operating businesses outside of the United States, including those arising from U.S. and foreign government policy changes or actions and exchange rate fluctuations.

Additional factors that could cause results to differ materially from those described above can be found in Teledyne’s Annual Report on Form 10-K for the year ended January 3, 2021 and in other documents that Teledyne files with the SEC.

All forward-looking statements speak only as of the date they are made and are based on information available at that time. Teledyne does not assume any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by federal securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.

Jason VanWees

(805) 373-4542

KEYWORDS: Germany Europe North America Canada

INDUSTRY KEYWORDS: Defense Technology Aerospace Manufacturing Software Other Defense

MEDIA:

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PREMIER FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Premier Financial Bancorp, Inc. – PFBI

PREMIER FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Premier Financial Bancorp, Inc. – PFBI

NEW ORLEANS–(BUSINESS WIRE)–
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Premier Financial Bancorp, Inc. (NasdaqGS: PFBI) to Peoples Bancorp Inc. (NasdaqGS: PEBO). Under the terms of the proposed transaction, shareholders of Premier will receive only 0.58 shares of Peoples common stock for each share of Premier that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-pfbi/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC

Lewis S. Kahn, Managing Partner

[email protected]

855-768-1857

KEYWORDS: United States North America Louisiana

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

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BrandSafway acquires National Coating & Lining Company

By joining together, CL Coatings by BrandSafway and NCLC to deliver enhanced services for combined customers

Kennesaw, Georgia, USA, April 01, 2021 (GLOBE NEWSWIRE) — Effective today, BrandSafway has acquired National Coating & Lining Company, which specializes in the restoration and protection of concrete and ferrous metals for the water and wastewater industry throughout the western United States. Moving forward the company will be known as National Coating & Lining by BrandSafway.

“The National Coating & Lining team will join forces with CL Coatings by BrandSafway, another California-based company, which provides complementary services and strengths in the coatings industry,” said Mike Krach, regional vice president of BrandSafway’s Metro and Infrastructure Division. “By combining and leveraging the expertise of CL Coatings and National Coating & Lining, we can deliver superior, expanded industrial coatings solutions to customers throughout the Western region.”

National Coating & Lining has an outstanding reputation and brings more than 15 years of highly specialized knowledge in surface preparation, concrete repair, coatings and linings in the water industry to BrandSafway. “National Coating & Lining has a highly experienced team with a great depth of knowledge in the water and wastewater industry,” said Tom Unsell, vice president of National Coating & Lining. “We offer the perfect complement to the CL Coatings team’s expertise. Our combined customers will benefit from a broader range of solutions.”

National Coating & Lining is committed to the highest industry quality standards and to exceeding the requirements of SSPC (The Society for Protective Coatings). Based in Murrieta, California, National Coating & Lining is the water industry leader in concrete and ferrous metals protection and restoration in the western United States.

About BrandSafway
With a commitment to safety as its foremost value, BrandSafway provides the broadest range of solutions with the greatest depth of expertise to the industrial, commercial and infrastructure markets. Through a network of 340 strategic locations across 30 countries and more than 38,000 employees, BrandSafway delivers a full range of forming, shoring, scaffolding, work access and industrial service solutions. BrandSafway supports maintenance and refurbishment projects as well as new construction and expansion plans with unmatched service from expert local labor and management. Today’s BrandSafway is At Work For You™ — leveraging innovation and economies of scale to increase safety and productivity, while remaining nimble and responsive. For more information about BrandSafway, visitwww.brandsafway.com.

 

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Karla Cuculi
BrandSafway
262-523-6580
[email protected]