During Tuesday’s Current trade, Shares of Omnicom Group Inc. (NYSE:OMC), lost -1.10% to $66.24.
Zimmerman, Omnicom’s retail growth machine, recently declared the hire of Michael Angelovich as EVP/Director of Planned Planning. In his new role, Angelovich is responsible for planned planning for the agency in addition to leading the Red Light Project, the agency’s heretical retail research engine. Within the role, Michael will also join the expanded leadership team that has revitalized growth for the retail shop.
Michael has a stellar track record for building global planned teams and cultivating strong client partnerships, counting progressive industries such as retail, consumer goods and technology. During his tenure with mcgarrybowen, Angelovich assisted the firm win the global Intel business and several key accounts, such as P&G and Staples. Michael also held several senior strategy positions for global agencies counting Publicis, Young & Rubicam and TBWA.
Omnicom Group Inc., together with its auxiliaries, operates as an advertising, marketing, and corporate communications services company in the Americas, Europe, the Middle East, Africa, and the Asia pacific. It offers services in advertising, customer relationship administration, public relations, and specialty communications areas.
Shares of Home Properties, Inc. (NYSE:HME), inclined 0.12% to $74.30, during its current trading session.
Home Properties, Inc. (HME) declared that it will hold a special meeting of stockholders on Thursday, October 1, 2015, at 10:00 A.M., local time, at Clinton Square, 14th Floor, Rochester, New York 14604 (the “Special Meeting”). At the Special Meeting, holders of record of the Company’s common stock will be asked to consider and vote on the following matters:
- a proposal to approve the merger of the Company with and into LSREF4 Lighthouse Corporate Acquisitions, LLC, an associate of Lone Star Real Estate Fund IV (U.S.), L.P. (the “REIT merger”), and the formerly declared Agreement and Plan of Merger, dated as of June 22, 2015 and as may be amended from time to time (the “Merger Agreement”);
- a non-binding, advisory proposal to approve the compensation that may become payable to the Company’s named executive officers in connection with the REIT merger; and
- a proposal to approve any adjournments of the Special Meeting for the purpose of soliciting additional proxies if there are not sufficient votes at the Special Meeting to approve the REIT merger and the Merger Agreement.
Home Properties, Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It is engaged in the ownership, administration, acquisition, rehabilitation and development of residential apartment communities. The firm also invests in townhomes and offices. Home Properties, Inc. was founded in November 1993 and is based in Rochester, New York.
FS Investment Corporation (NYSE:FSIC), during its Tuesday’s current trading session decreased -2.96% to $9.82.
Zeta Interactive (Zeta), a big data and analytics company, which assists brands acquire, grow and retain customers, recently declared that it has closed a $125 million round of financing from FS Investment Corporation (FSIC), FS Investment Corporation II (FSIC II) and FS Investment Corporation III (FSIC III), business development companies (BDCs) advised by associates of Franklin Square Capital Partners (Franklin Square) and sub-advised by an associate of GSO Capital Partners LP (GSO), the credit platform of Blackstone (BX). Under the terms of the investment, these BDCs will provide up to $125 million in a mix of debt and equity.
Zeta will use the financing to enhance and expand its Gartner Magic-Quadrant-rated platform; grow its market penetration in the US and UK markets; and accelerate the company’s planned acquisition strategy. Zeta has been an active acquirer in the Data, Analytics and SaaS-based technology sectors. In the past two years, the company has attained the marketing automation platform pioneer, ClickSquared, and the Actions division of Adchemy Inc., together with its patented machine learning platform.
FS Investment Corporation is a business development company specializing in investments in debt securities. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments. It also seeks to invest in first lien senior secured loans, second lien secured loans and, to a lesser extent, subordinated loans, or mezzanine loans. In connection with the debt investments, the firm also receives equity interests such as warrants or options as additional consideration.
Finally, Tripadvisor Inc (NASDAQ:TRIP), decreased -0.60%, to $69.45.
The Independent Traveler, Inc. – publisher of three leading online travel sites, and part of the TripAdvisor Media Group – declares the appointment of Mike Ewing as general manager. Ewing will oversee the online publisher’s three brands – Cruise Critic, Family Vacation Critic and IndependentTraveler.com.
Preceding to joining The Independent Traveler, Inc., Ewing held administration roles at LogMeIn, Vistaprint, and Monster.com. Ewing’s professional career comprises time in the US in addition to time abroad with responsibility for large geographic regions. An avid traveler, Ewing has been around the world while managing global teams focused on consumer, media and B2B businesses. Ewing is a regular speaker and contributor on topics as wide-ranging as sales and marketing, building high-performance teams and venture funding.
TripAdvisor, Inc. operates as an online travel company. The company operates through two segments, Hotel and Other. Its travel research platform aggregates reviews and opinions about accommodations, destinations, activities and attractions, and restaurants that enable consumers to plan and book hotels, vacation rentals, flights, activities and attractions, and restaurants.
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