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Stock impact report

Talos Energy Moves to Defend Against Carlos Slim's Share-Buying Spree [Yahoo! Finance]

PBF Energy Inc. Class A (PBF) 
Last pbf energy inc. class a earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.pbfenergy.com
Company Research Source: Yahoo! Finance
Most Read from Bloomberg The company will issue one right per each common share and the rights won't be exercisable unless a person or group acquires beneficial ownership of 25% or more of the company's stock without approval of the board, according to a filing on Tuesday. Since November, Slim's Control Empresarial de Capitales SA de CV doubled its holdings in Houston-based Talos. A new filing on Tuesday showed he bought an additional 100,000 shares on Sept. 27. “We have every intent to continue working constructively with Control Empresarial,” Talos Chairman Neal Goldman said in the filing. “The board welcomes long-term investors. The board determined that based on the current circumstances, it was in Talos stockholders' best interest to adopt a rights plan to protect the long-term interests of all Talos stockholders.” If the rights become exercisable, each holder outside the acquiring person or group will have the right to purchase a number of shares having a market value o Show less Read more
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