Proxy Update – State Street Global Advisors – Voting Guidelines

" State Street Global Advisors – Voting Guidelines Firmly Focused on the Long-Term  In late February, 2016, Ronald P. O’Hanley, President and CEO of State Street Global Advisors released a letter and guidelines for “Effective Independent Board Leadership”.  In his letter Mr. O’Hanley stresses the importance of long-term value creation and the perils of companies focusing …

Proxy Update – CalPERS Updates Voting Guidelines

"                                  CalPERS Updates Voting Guidelines                                  Director Tenure and Proxy Access are Most Significant Changes On March 14, 2016, CalPERS released its 2016 Global Governance …

WL Ross Holdings Corp. and Nexeo Solutions Holdings, LLC

" WL Ross Holdings Corp. (WLRH) announced today a definitive agreement to acquire Nexeo Solutions Holdings, LLC (“Nexeo Solutions” or the “Company”), a leading global distributor of chemicals and plastics and provider of environmental services, from TPG, a leading global alternative asset firm. As part of the transaction, TPG will roll over a substantial portion of …

Delaware Bancshares, Inc. and National Bank of Delaware County

" The Boards of Directors of Delaware Bancshares, Inc. (“Delaware”) and the National Bank of Delaware County (“NBDC Bank”) have voted to enter into a definitive merger agreement (the “Agreement”) with Norwood Financial Corp. (“Norwood”), and Wayne Bank. Pursuant to the Agreement, the NBDC Bank will merge with and into Wayne Bank. The Boards of Directors …