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Mark Phelan: Pickup makers to use a common towing test

2014-02-16 12:43:35| Automakers - Topix.net

Life is about to get a little better for pickup buyers. Chrysler, Ford, General Motors and Nissan all plan to join Toyota in using a uniform test for the towing claims they make for their full-size pickups.

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Potlatch Board Declares Distribution on Common Stock

2014-02-15 11:33:19| Paper - Topix.net

The board of directors of Potlatch Corporation has declared a quarterly distribution on the Company's common stock.

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Freescale Announces Upsizing and Pricing of Public Offering of Common Shares

2014-02-12 07:00:00| Freescale Press Releases

AUSTIN, Texas--(BUSINESS WIRE)--Feb. 12, 2014-- Freescale Semiconductor, Ltd. (NYSE: FSL) announced today the upsizing and pricing of its previously announced underwritten public offering of 30,000,000 of its common shares, par value $0.01 per share. The size of the offering has been upsized to 35,000,000 common shares and priced at $18.50 per share. The offering is expected to close on February 18, 2014, subject to customary closing conditions. In addition, Freescale has granted the underwriters a 30-day option to purchase up to 5,250,000 additional common shares of Freescale. Freescale intends to contribute all of the net proceeds from the offering to its indirect wholly owned subsidiary and main U.S. operating entity, Freescale Semiconductor, Inc., which intends to use the contributed net proceeds, together with cash on hand, to repay all of its outstanding 10.125% Senior Subordinated Notes due 2016, approximately $276,000,000 aggregate principal amount of its outstanding 8.05% SenFor more information click on title.

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XPO Logistics Announces Exercise of Underwriters' Option for 2,250,000 Shares of Common Stock

2014-02-11 19:58:17| Logistics - Topix.net

XPO intends to use the net proceeds of the offering, together with cash on hand, to finance the cash portion of the purchase price for its previously announced acquisition of Pacer International, Inc. , to pay related fees and expenses and for general corporate purposes, which may include strategic acquisitions and the repayment or refinancing of ... (more)

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Freescale Announces Public Offering of Common Shares

2014-02-10 07:00:00| Freescale Press Releases

AUSTIN, Texas--(BUSINESS WIRE)--Feb. 10, 2014-- Freescale Semiconductor, Ltd. (NYSE:FSL) announced today that it intends to offer 30,000,000 common shares, par value $0.01 per share, in an underwritten public offering, subject to market and other conditions. In addition, Freescale intends to grant the underwriters a 30-day option to purchase up to 4,500,000 additional common shares of Freescale. Freescale intends to contribute all of the net proceeds from the offering, if completed, to its indirect wholly owned subsidiary and main U.S. operating entity, Freescale Semiconductor, Inc., which intends to use the contributed net proceeds, together with cash on hand, to redeem all of its outstanding 10.125% Senior Subordinated Notes due 2016 and a portion of its outstanding 8.05% Senior Unsecured Notes due 2020, in each case in accordance with the indenture governing the applicable series of notes, and to pay the related premium and fees. The foregoing does not constitute a notice of redempFor more information click on title.

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