On Friday, Catalent Inc (NYSE:CTLT)’s shares inclined 1.08% to $30.06.
Catalent Inc (CTLT) the leading global provider of advanced delivery technologies and development solutions for drugs, biologics and consumer health products, recently declared the pricing of a secondary public offering of 14 million shares of its common stock by certain of its stockholders (the “Selling Stockholders”) at a price to the public of $29.00 per share. In addition, the Selling Stockholders have granted the underwriters a 30-day over-allotment option to purchase up to an additional 2.1 million shares of common stock. The offering is predictable to close on June 8, 2015, subject to customary closing conditions. Catalent is not selling any stock in this transaction and will not receive any proceeds from the sale of the shares by the Selling Stockholders.
Morgan Stanley, J.P. Morgan, BofA Merrill Lynch, Goldman, Sachs & Co., Jefferies and Deutsche Bank Securities are acting as joint bookrunning managers for the offering. Blackstone Capital Markets, Evercore ISI, Raymond James, Wells Fargo Securities and William Blair are acting as co-managers for the offering.
Catalent, Inc. provides advanced delivery technologies and development solutions for drugs, biologics, and consumer health products. It operates through three segments: Oral Technologies, Medication Delivery Solutions, and Development & Clinical Services. The Oral Technologies segment provides advanced oral delivery technologies, counting formulation, development, and manufacturing of oral dose forms for prescription and consumer health products.
At the end of Friday’s trade, Bazaarvoice Inc (NASDAQ:BV)‘s shares surged 2.55% to $6.03.
Quantcast, one of the world leaders in applying the power of big data and analytics to digital and mobile advertising, recently declared that respected and highly practiced industry leader, Stephen Collins, most recently CEO and director of e-commerce SaaS provider Bazaarvoice (BV), has been designated as Quantcast’s new chief financial officer. Over the last 18 months, Collins has acted as an advisor to the company’s executive leadership team and has developed a solid understanding of the company’s rapidly growing business.
Collins brings a diverse set of competencies and relevant industry experience to his new Quantcast role. In addition to his deep financial leadership experience as CFO at Bazaarvoice and DoubleClick, he has served as CEO of both private and public technology companies and has held the roles of chief information officer and chief strategy officer. Collins is also a director for a number of private technology companies counting Kenshoo, Mediaspectrum, iCitizen and Spendsetter. Prior to Collins being named CEO of Bazaarvoice, he served as CFO, leading the company’s 2012 IPO and follow-on offering. Before joining Bazaarvoice, Collins was CEO of Juris, Inc., a leading legal technology software provider attained by LexisNexis in 2007. Collins joined DoubleClick in 1997, assisting to lead its 1998 IPO before becoming CFO in 1999, later adding the chief information officer responsibilities, leading all research and development. Collins began his career with PricewaterhouseCoopers, before taking a financial leadership role at Colgate-Palmolive. He received his Bachelor of Science degree in Accounting from the University of Alabama.
Bazaarvoice, Inc. operates as a network that connects brands and retailers to the voices of people where they shop. The company offers its solutions through Bazaarvoice conversations platform, software as a service platform that enables clients to capture, display, and analyze online word of mouth, counting ratings and reviews, questions and answers, stories, photos, videos, long-format narratives, and other forms of consumer-generated content. It also provides Bazaarvoice connections solutions, such as BrandAnswers that allows brands to interact directly with consumers on retail Websites within the network to answer questions and provide suggestions on alternative products; and Review Response, which enables brands to interact with consumers by responding to reviews posted on retail Websites.
Pep Boys-Manny Moe and Jack (NYSE:PBY), ended its Friday’s trading session with -0.58% loss, and closed at $11.90.
Pep Boys-Manny Moe and Jack (PBY) declared that it has reached an understanding with GAMCO Asset Administration Inc., the Company’s largest shareholder, to nominate three new directors recommended by GAMCO: Matthew Goldfarb; F. Jack Liebau, Jr.; and Bruce M. Lisman.
The GAMCO nominees will be comprised of, together with incumbent directors Robert H. Hotz, James A. Mitarotonda, Robert L. Nardelli, Robert Rosenblatt, Jane Scaccetti, John T. Sweetwood and Andrea M. Weiss, in a supplement to the Company’s 2015 proxy statement and presented for shareholder approval at the 2015 Annual Meeting of Shareholders of Pep Boys to be held on July 10, 2015. Board members M. Shân Atkins and Nick White do not intend to stand for re-election to the Board at the 2015 Annual Meeting.
The Pep BoysManny, Moe & Jack, together with its auxiliaries, engages in the automotive aftermarket service and retail business in the United States and Puerto Rico. The company’s service locations offer a range of automotive maintenance and repair services; and install tires, parts, and accessories. It provides tires; batteries; new and remanufactured parts for vehicles; chemicals and maintenance items; fashion, electronic, and performance accessories; and non-automotive merchandise.
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