AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Con-way and General Motors Agree on Valuation for Vector SCM, LLC.
Vector's Value Set at $96.4 Million; Con-way to Receive Proceeds of $84.8 Million for Its Membership Interest
SAN MATEO, Calif., Dec. 11 /PRNewswire-FirstCall/ -- Con-way Inc. announced today that it has completed with General Motors Corp. the valuation of their logistics joint venture, Vector SCM, LLC (Vector), establishing a fair value for Vector of $96.4 million.
On June 23, 2006, GM notified Con-way of its intent to exercise its call right under the Vector agreements. The call right entitled GM to purchase from Con-way the membership interest in Vector held by Menlo Worldwide, LLC. Menlo Worldwide, LLC is Con-way's global contract logistics subsidiary.
Under the terms of the Vector agreements, each party initially engaged a financial advisor to develop a valuation for Vector. An independent third- party financial advisor then considered the initial valuations proposed by each company, and established a final valuation.
The valuation will result in Con-way receiving a purchase price of $84.8 million for Menlo's membership ...
- Concreta Vector alianza con Caspian.(Negocios)
- Newspaper article from: El Norte (México D.F., México) September 10, 1996 700+ words
...director general de Vector Casa de Bolsa...institucionales juntos, con un producto unificado...Dentro de la alianza con Caspian, el anlisis...siendo exclusivo de Vector, mientras que Caspian...feedback" relacionado con otras regiones como...presidente del Consejo de Vector, expres en ...
- GM to buy vector from Con-Way.(Market Pulse)(General Motors)(Brief article)
- Magazine article from: Logistics Today September 1, 2006 700+ words
Vector was formed in December...a subsidiary of Con-Way (www.conway...exercise a buyout of Vector. It has now exercised that right. According to Con-Way, GM notified...transition period, Vector will continue to provide...
- Celebra Vector 30 aniversario con conferencias para inversionistas.(Expansión)
- Newspaper article from: El Norte (México D.F., México) July 5, 2004 700+ words
...y fortalece su imagen en el mercado. Vector cuenta con una amplia y especializada red de asesores...los segmentos en los que participa. Vector: Una Casa de Bolsa con el respaldo de 30 aos... - Vector es uno de los lderes en crecimiento de...
- Planea Vector finiquitar asociacion con Caspian.(Negocios)
- Newspaper article from: El Norte (México D.F., México) July 11, 1996 700+ words
...fundamental de renta variable de Vector, as como de la firma inglesa...el de renta fija por parte de Vector. El fin adicional es dar el...director general de Casa de Bolsa Vector dijo en aquella ocasin que Pedro...buen fin. Las negociaciones con Caspian Research para llegar...
- Celebra Vector su 30 aniversario con conferencias para...
- Newspaper article from: Reforma (México D.F., México) July 7, 2004 700+ words
...y fortalece su imagen en el mercado. Vector cuenta con una amplia y especializada red de asesores...los segmentos en los que participa. Vector: Una casa de bolsa con el respaldo de 30 aos... - Vector es uno de los lderes en crecimiento de...
- GM buys out vector SCM: automaker purchases Con-way's share of venture, drops...
- Magazine article from: Traffic World July 10, 2006 700+ words
...around the world. Con-way and GM pledged to share the savings Vector would generate in...the way--made Vector's job tougher. Con-way said the venture...our investment in Vector has returned significant...profits for Menlo and Con-way," Con-way...
- Presenta Vector Casa de Bolsa Conferencia Magistral con Gordon...
- Newspaper article from: El Norte (México D.F., México) December 6, 2004 700+ words
...Delgado. Director general Vector Casa de Bolsa Con el compromiso de ofrecer...expositores, as como con los funcionarios y especialistas de Vector. Vector Casa de Bolsa...dicha Casa de Bolsa. Vector cuenta con una amplia y especializada...
- Con-way, GM Set Vector Value.(Con-Way Logistics)(General Motors Corp.)(Vector...
- Magazine article from: Traffic World Gallagher, Thomas L. December 12, 2006 700+ words
...Thomas L. Gallagher Vector scm, the logistics...General Motors and Con-way, is worth...in the project. Con-way and GM formed Vector in December 2000...January 5, 2007. Con-way expects to...results, based on Vector's classification...
- Con-way, GM to begin talks on Vector acquisition.
- News wire article from: The America's Intelligence Wire June 29, 2006 700+ words
...negotiations to buy Vector SCM LLC, a joint venture between Con-way unit Menlo...exercise a buy-out of Vector. San Mateo, Calif.-based Con-way said the companies...Contracts where Vector is providing services...transitioned to Menlo, Con-way said.
- Con-Way 4Q Earnings Up 65 Percent, As Sale Of Vector Unit Offsets Weak Freight...
- News wire article from: The America's Intelligence Wire January 30, 2007 700+ words
...FinancialWire-30 January 2007-Con-Way 4Q Earnings Up 65 Percent, As Sale Of Vector Unit Offsets Weak Freight...2007 (FinancialWire) Con-way Inc. s (NYSE...related to the sale of Vector SCM LLC, the company...12 billion. Shares of Con-way rose $1.05 to...
Source: HighBeam Research, Con-way and General Motors Agree on Valuation for Vector SCM, LLC.