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Havas Media Wins $50 Million Realtor Association Account

2015-09-10 23:48:20| Real Estate - Topix.net

Havas Media has been selected by the National Association of Realtors as its media agency of record in the U.S. The assignment includes media planning, buying, analytics, strategy and digital. The account will be led from Havas Media's Boston office.

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Audi donating 1 million in emergency aid for refugees in Europe

2015-09-10 16:55:32| Green Car Congress

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Clearwater paper to begin $160 million factory upgrade

2015-09-10 16:34:25| Waste Management - Topix.net

The Lewiston Tribune reports that the Lewiston-Clarkston Valley's largest employer announced Tuesday that it is moving forward with a $160 million project to build a new chip pulp digester. They received an air permit last week from the Idaho Department of Environmental Quality.

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Ericsson to acquire Envivio for USD 125 million

2015-09-10 12:01:00| Telecompaper Headlines

(Telecompaper) Ericsson is expanding further in the broadcast sector with an agreed offer to acquire Envivio. Ericsson is offering USD 4.10 per share in cash, more than double Envivio's last closing share price, for a total price tag of USD 125 million. Ericsson said the acquisition will strengthen its position in video compression products, adding to its existing portfolio of media enrichment, processing, publishing, delivery and TV platforms for TV providers and broadcasters. Envidio specialises in software-based video encoding and counts a customer base of over 400 TV service provider and content owner customers around the world. Based in San Francisco, Envivio generated revenues of USD 43 million in 2014 and has a staff of approximately 200 employees worldwide. Top Envivio customers include Comcast, Cox Communications, Liberty Global, Sky, Telstra and Time Warner Cable. Its software for pay TV and TV Anywhere applications provides software-based video encoding/transcoding, processing, packaging and ad insertion. The software is available on Intel-based appliances or IT blade servers. Holders of 34 percent of Envivio's shares have already agreed to the takeover, and Ericsson expects the deal to close in Q4. 

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$6 million 'trust' fund for executives an issue in A&P bankruptcy case

2015-09-10 00:53:18| Grocery - Topix.net

Three months before it filed for bankruptcy, Montvale-based A&P set up a $6 million trust account to make sure it could continue to pay its top executives during the bankruptcy proceedings, according to court documents. That multi-million-dollar trust account has become an issue in the company's request for approval of an additional $5 million in retention pay for executives and store managers.

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