ATCO News and Press, Atlas Corp. From 09/07/22

Summary David Sokol and Fairfax Financial want to swipe ATCO. Shareholders are holding out for more. We should get at least a few more bucks to sell. Merger arbitrage It has been a good year for merger arbitrage, but a particularly bad one for pre-arbitrage t...

Albright Capital Management, a large minority shareholder in Atlas Corp. ( NYSE: ATCO ) said Tuesday it will note "no" on the $14.45 per share unsolicited offer from a group of ATCO insiders and ONE, the company's largest shipping counterparty. Albright, which beli...

Asset manager Atlas Corp. ( NYSE: ATCO ) ticked up 0.6% in premarket trading after disclosing that its board formed a special committee of independent directors to evaluate the unsolicited non-binding proposal from Poseidon Acquisition. The special committee h...

Atlas Corp. Board of Directors Forms Special Committee of Independent Directors to Evaluate Previously Announced "Take Private" Proposal Canada NewsWire LONDON, UK , Aug. 18, 2022 /CNW/ - Atlas ("Atlas" or the "Company") (NYSE: ATCO) announced today that its boar...

The majority shareholder group has made a non-binding offer to acquire the remaining outstanding shares of Atlas Corp. for $14.45/share. On 9/15, an activist investor published a letter that makes a compelling case that this offer severely undervalues the company. The current oppo...

Atlas Corp. (ATCO) Q2 2022 Earnings Conference Call August 10, 2022, 8:30 AM ET Company Participants Ashton King - Manager, Investor Relations Bing Chen - President and CEO Graham Talbot - Chief Financial Officer Peter Curtis - Seaspan’s Chief Commerci...

The following slide deck was published by Atlas Corp. in conjunction with their 2022 Q2 earnings call. For further details see: Atlas Corp. 2022 Q2 - Results - Earnings Call Presentation

Atlas press release ( NYSE: ATCO ): Q2 FFO of $0.70 Non-GAAP EPS of $0.35. Revenue of $413.3M (+1.3% Y/Y). Adjusted EBITDA growth of 2.6% to $279.5M For further details see: Atlas FFO of $0.70, revenue of $413.3M

ATLAS REPORTS SECOND QUARTER 2022 RESULTS Canada NewsWire Adjusted EBITDA (1) growth of 2.6% to $279.5 million compared to Q2 2021 driven by highly differentiated business model and predictable cash flow LONDON, UK , Aug. 9, 2022 ...

Earnings news remained a significant driver in Friday's midday trading. CloudFlare ( NYSE: NET ) and FuboTV ( FUBO ) both climbed in the wake of their quarterly updates. Meanwhile, Twilio ( TWLO ) saw the opposite impact from the release of its financial figures. A weak ...