CRS Electronics Defaults on Loan Agreement Covenants

CRS Electronics Defaults on Loan Agreement Covenants

TORONTO, ONTARIO — (Marketwired) — 10/09/15 — CRS Electronics Inc. ("CRS" or the "Company") (TSX VENTURE: LED), a developer and manufacturer of LED lighting products, today announced it is in default of its loan agreement with Divinci Private Debt Fund. The loan amount is $1,000,000 at 18% for a total of $1,014,559.08. While coordinating next steps with Divinci Private Debt, CRS Electronics has laid off all workers.Scott Riesebosch resigned from the Board of Directors bu

NetApp Recommends Shareholders Reject “Mini-Tender” Offer by TRC Capital Corporation

NetApp Recommends Shareholders Reject “Mini-Tender” Offer by TRC Capital Corporation

SUNNYVALE, CA — (Marketwired) — 10/09/15 — NetApp (NASDAQ: NTAP) received notice of an unsolicited "mini-tender" offer by TRC Capital Corporation (TRC Capital) to purchase up to 3 million shares of NetApp–s common stock at a price of $28.25 per share in cash. The offering price is 4.56 percent below the closing price per share of NetApp–s common stock on September 30, 2015, the last trading day before the commencement of the offer. The offer is for approximately 1.02 percent of t

CallidusCloud Schedules Third Quarter 2015 Financial Results Conference Call

CallidusCloud Schedules Third Quarter 2015 Financial Results Conference Call

DUBLIN, CA — (Marketwired) — 10/09/15 — Callidus Software Inc. (NASDAQ: CALD), a global leader in cloud-based sales, marketing, customer experience and learning solutions, today announced that it will report financial results for the third quarter 2015 on Thursday, November 5, 2015 after the market closes, followed by a conference call at 1:30 p.m. Pacific Time (PT). The conference call can be accessed via telephone and live webcast.: CallidusCloud Q3 2015 Financial Results Conference Call
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SolarWinds Announces Review of Strategic Alternatives

SolarWinds Announces Review of Strategic Alternatives

AUSTIN, TX — (Marketwired) — 10/09/15 — SolarWinds, Inc. (the "Company") (NYSE: SWI) today announced that the Company–s board of directors, in response to an unsolicited expression of interest from a third party, has commenced a review of its strategic alternatives. This review may result in the Company–s continuing to pursue value-enhancing initiatives as a standalone company or a possible sale or other form of business combination. The Board of Directors has retained J.P. Morga

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