Month: May 2014

Carey Watermark Investors Acquires Sheraton Austin Hotel at the Capitol Joint Venture with JMI Realty Adds Quality Full-Service Hotel to Portfolio PR Newswire NEW YORK, May 30, 2014 NEW YORK , May 30, 2014 /PRNewswire/ — Carey Watermark Investors Incorporated (CWI), a non-traded real estate investment trust (“REIT”) focused on investing in lodging and lodging-related properties, announced that it has acquired the Sheraton Austin Hotel at the Capitol, a 365-room full-service hotel, through a joint venture with JMI Realty. CWI holds an 80 percent interest in the joint venture and JMI Realty, a private real estate investment and development company based in Austin, TX , holds a 20 percent ownership interest. Key Facts Strong market : Austin offers a wide variety of attractions that draw nearly 20 million visitors each year. […]

Ninetowns Internet Technology Group Company Limited Announces Completion of Merger PR Newswire BEIJING, May 30, 2014 BEIJING , May 30, 2014 /PRNewswire/ — Ninetowns Internet Technology Group Company Limited (NASDAQ: NINE) (“Ninetowns” or the “Company”), one of China’s leading providers of online solutions for international trade, today announced the completion of the merger contemplated by the previously announced agreement and plan of merger dated January 29, 2014 (the “Merger Agreement”), among the Company, Ninetowns Holdings Limited (“Parent”) and Ninetowns Merger Sub Limited (“Merger Sub”). As a result of the merger, the Company became a wholly owned subsidiary of Parent. Under the terms of the Merger Agreement, which was approved by the Company’s shareholders at an extraordinary general meeting held on May 29, 2014 , each outstanding ordinary share of the Company (“Share”) has been cancelled in exchange for the right to receive US$1.80 per Share and each American depositary share (“ADS”), each representing one Share, has been cancelled in exchange for the right to receive US$1.80 per ADS (less a US$0.05 per ADS cancellation fee pursuant to the terms of the ADS deposit agreement), in each case, in cash, without interest and net of any applicable withholding taxes, except for the Shares (including Shares represented by ADSs): (a) beneficially owned by Parent, Merger Sub, Mr […]

Accounting Firm Gettry Marcus CPA, P.C.Shares Information About Deducting Business Entertainment Expenses Gettry Marcus CPA, P.C., a leading accounting, tax, consulting and business valuation firm, shares information regarding deducible business entertainment expenses. PR Newswire WOODBURY, N.Y., May 30, 2014 WOODBURY, N.Y. […]

Financiera Independencia, S.A.B. de C.V., Sociedad Financiera de Objeto Multiple, Entidad No Regulada, Announces Early Tender Results And Receipt Of Requisite Consents Relating To Its 10.0% Senior Guaranteed Notes Due 2015 PR Newswire MEXICO CITY, May 29, 2014 MEXICO CITY , May 29, 2014 /PRNewswire/ — Financiera Independencia, S.A.B. de C.V., Sociedad Financiera de Objeto Multiple, Entidad No Regulada (the “Company”) today announced the early tender results of its previously announced offer to purchase for cash (the “Tender Offer”) any and all of its outstanding 10.0% Senior Guaranteed Notes due 2015 (the “Notes”) on the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement, dated May 15, 2014 , and the related Letter of Transmittal and Consent (together, the “Offer Documents”) […]

Back9Network Acquires Top Golf GPS App Firm, Swing by Swing Golf PR Newswire HARTFORD, Conn., May 29, 2014 HARTFORD, Conn. , May 29, 2014 /PRNewswire/ — Back9Network announced today that it has completed the acquisition of Swing by Swing Golf. The acquisition gives the upstart golf lifestyle and entertainment network the top-ranked free golf GPS app on both iOS and Android mobile platforms as well as an engaged audience of over 2 million users […]