Recent Stock News On Rescare, Western Unionm And Mslp - Pennytobuck
Muscle Pharm Corp
Muscle Pharm Corp. (MSLP.OB) one of the fast-growing nutritional supplement companies in the United States, with a proprietary formulation used in eight performance products.
MSLP recently reported a distribution agreement with Sportika Export Inc. , a leading sports nutrition distributor, to over 130 countries internationally.
Brad Pyatt, MusclePharms Chief Executive Officer said, We are very excited about the opportunity to expand distribution into over 130 markets as we continue to grow MusclePharms international brand presence.
MSLPs multiple products are currently available in 1,200 of the top GNC stores in the United States, as well as over 450 Vitamin Shoppe stores. MusclePharms award-winning products Assault, Battle Fuel, Bullet Proof, Combat Powder, Recon and Shred Matrixare also available online at gnc.com, bodybuilding.com, amazon.com and many other locations.
ResCare, Inc. (Nasdaq:RSCR) announced that it has received a proposal from Onex Corporation ("Onex") to acquire all of the outstanding shares of common stock of RSCR not owned by affiliates of Onex for $12.60 per share. The written proposal, which includes several terms and conditions, is attached to this release.
Affiliates of Onex currently hold common stock and preferred stock of RSCR representing 24.9% of the voting power of RSCR stock.
The board of directors of ResCare has formed a special committee of independent directors to evaluate the offer with the committee's independent financial and legal advisors. The members of the committee are;
Ronald G. Geary, current Chairman of the Board and ResCare CEO until 2006;
James H. Bloem, Chief Financial Officer of Humana, Inc.;
Olivia F. Kirtley, ResCare audit committee chair; and
Steven S. Reed, former U.S. attorney and former Chair of the Board of Trustees of the University of Kentucky.
The special committee has engaged Goldman Sachs & Co. to serve as its financial advisor and Frost Brown Todd LLC as its legal counsel.
Western Union Company (NYSE:WU), announced a number of disaster relief efforts in support of Pakistan, including: grants; consumer, Agent and employee donation programs; and a no transfer fee* initiative when sending money to Pakistan from the U.S., UK and select countries in the Middle East, in cooperation with our Agents.
Through WUs corporate signature program, Our World, Our Family, The Western Union Foundation will contribute $100,000 towards disaster relief efforts to provide victims with basic necessities such as safe drinking water, temporary shelter, clothing and access to sanitation facilities through the International Rescue Committee (IRC) response teams actively working in Pakistan.
WU, through its global foundation, has activated its Agent Gift Matching Program in support of Pakistan, matching one-to-one Agent donations from around the world up to $100,000.
WU also is encouraging employee donations to be made directly to the Western Union Foundation in support of the Pakistan Flood Relief Fund. All employee donations will be matched two-to-one in the United States and three-to-one outside of the United States.
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