During Wednesday’s Afternoon trade, Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI), lost -0.65% to $3.84.
SiriusXM Canada (XSR.TO), declared full, comprehensive coverage of every game of the Canadian Football League (CFL) 2015 season on SiriusXM’s Canada Talks (channel 167).
Starting Thursday, June 25 , every regular and post-season CFL game, counting the 103rd Grey Cup presented by Shaw in Winnipeg, MB , will air live for subscribers. Listeners will also get French-language broadcasts of all Montréal Alouettes and Ottawa REDBLACKS games on Influence Franco (XM 174) and Attitude Franco (Sirius 164).
“The CFL continues to evolve and become more exciting each year, and we are always happy to assist subscribers be a part of that excitement,” said John Lewis , SVP Programming, SiriusXM Canada. “No matter where they are, they won’t miss a game.”
“One of our priorities is reaching out to new audiences, and today’s SiriusXM declaration will assist us achieve that aim as more Canadians will be able to enjoy our game,” said Michael Copeland, CFL president and chief operating officer.
Sirius XM Holdings Inc., through its auxiliaries, provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, counting various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic reports for 22 metropolitan markets.
Shares of Momo Inc. (NASDAQ:MOMO), inclined 0.12% to $17.26, during its current trading session.
Momo, declared that its board of directors (the “Board”) has received a non-binding proposal letter, dated June 23, 2015, from Mr. Yan Tang, co-founder, chairman and chief executive officer of Momo, Matrix Partners China II Hong Kong Limited (“Matrix”), Sequoia Capital China Investment Administration L.P. and Huatai Ruilian Fund Administration Co., Ltd., proposing a “going-private” transaction to acquire all of the outstanding Class A ordinary shares of Momo not already owned by the Buyer Group for US$18.90 in cash per American depositary share (“ADS”), which represents a premium of 20.5% to the closing trading price of the Company’s ADS on June 22, 2015, the last trading day preceding to the date hereof.
The Buyer Group and their associates beneficially own an aggregate of about 47.8% of all of the Company’s issued and outstanding Shares, which represent about 84.1% of the aggregate voting power of the Company.
According to the proposal letter, the Buyer Group intends to fund the consideration payable in the Transaction with a combination of debt and/or equity capital, and rollover equity in the Company.
The Board has formed a special committee comprised of two independent, disinterested directors, Messrs. Dave Daqing Qi and Benson Bing Chung Tam. The special committee plans to retain legal and financial advisors to assist it in evaluating the Transaction.
Momo Inc. operates as a mobile-based social networking platform in the People’s Republic of China. The company’s platform comprises its Momo mobile application and various related features, functionalities, tools, and services that are offered to users, customers, and platform partners.
Finally, Darling Ingredients Inc. (NYSE:DAR), lost -0.33%, and is now trading at $15.30.
Darling Ingredients, declared that administration will present at the Oppenheimer 15th Annual Global Consumer Conference to be held at the Four Seasons Hotel in Boston on June 23-24, 2015. Randall C. Stuewe, Darling’s Chief Executive Officer, is planned to present June 24th, at 1:05 p.m. EDT, and will hold one-on-one meetings throughout the day.
Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients worldwide. It operates in three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients.
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