Newcastle Partners LP

News & Analysis

newcastle partners lp - All News and Analysis

• Who's the boss? Activist investors drive changes at major chains: companies pursue 'shareholder-friendly' strategies in response to public pressure

  - 2007-04-23

  "Change will come. It's only a matter of who brings it." --Richard C. Breeden, hedge fund manager, Applebee 's stakeholder, former SEC chairman For more than two years, the restaurant industry has witnessed and been affected by the heightened activity of a new breed of "activist investors." ...

  Tags: Applebee's, Biglari, Friendly Ice Cream Corp.

• Whitehall board urges rejection of takeover offer.(Newcastle Partners bids to acquire Whitehall Jewellers Inc.)(Brief Article)

  - 2006-02-01

  The directors of Chicago-based Whitehall Jewellers are urging shareholders to reject a takeover offer from one of its shareholders, Newcastle Partners, for all of the outstanding shares of the company's common stock for $1.20 per share. The company had previously signed a deal...

  Tags: Newcastle Partners LP

• Whitehall Jewellers' Board of Directors Recommends Stockholders Reject Newcastle Partners Tender Offer

  - 2005-12-20

  CHICAGO -- Whitehall Jewellers, Inc. (OTC:JWLR.PK)(the "Company") announced Friday that after reviewing the unsolicited tender offer by Newcastle Partners, L.P. ("Newcastle") with its financial and legal advisors, the Board of Directors has unanimously recommended that stockholders reject the Offer in its current form and not tender shares of Company common...

  Tags: board, Company, FINANCE, financing, Investment, SEC, shareholder

• Whitehall Jewellers, Inc. Reviewing Newcastle Partners' Unsolicited Tender Offer; Advises Stockholders to Take No Present Action

  - 2005-12-07

  CHICAGO -- Whitehall Jewellers, Inc. (OTC:JWLR.PK)(the "Company") announced that its Board of Directors and management are reviewing the financial and other terms of the unsolicited tender offer made by one of its stockholders, Newcastle Partners, L.P. ("Newcastle"), for all of the outstanding shares of the Company's common stock for $1.20...

  Tags: board, Company, FINANCE, financing, Investment, SEC

• Investment firms involved in fight over Whitehall.(Business)

  - 2005-12-01

  Byline: Katie Crowther Medill News Service A fight between private investment companies has erupted over struggling Whitehall Jewellers Inc., the shopping-center jewelry chain based in Chicago. Dallas-based Newcastle Partners LP launched a tender offer Tuesday for all of Whitehall's stock for...

  Tags: Newcastle Partners LP

• Whitehall Announces Newcastle Partners Filing of an Intention to Launch $1.20 Per Share Tender Offer

  - 2005-11-30

  CHICAGO -- Whitehall Jewellers, Inc. (OTC:jwlr) (the "Company") notes that today Newcastle Partners, L.P. ("Newcastle") filed a Form 14-A which indicates that Newcastle intends to launch a cash tender offer to purchase all of the outstanding shares of Whitehall for $1.20 per share. The Company's Board notes that the proposed...

  Tags: Newcastle Partners LP

• Whitehall Jewellers, Inc. Announces New Chief Executive Officer and Reports Second Quarter Results; Company to Close 77 Unprofitable Stores

  - 2005-11-02

  CHICAGO -- Seventh graph, second sentence of release (dated Nov. 1, 2005) should read: Net sales for the quarter ended July 31, 2005 decreased 5.4% to $68.4 million compared to $72.3 million in the second quarter last year (sted Net sales for the quarter ended July 31, 2005 decreased 5.4%...

  Tags: Newcastle Partners LP

• Whitehall Announces $1.10 Per Share Preliminary Proposal for Acquisition by Newcastle Partners

  - 2005-10-27

  CHICAGO -- Whitehall Jewellers, Inc. (NYSE:JWL)(the "Company") announced that the Company received a proposal today from Newcastle Partners, L.P. ("Newcastle"). The proposal, which is subject to a number of conditions and definitive documentation, expresses Newcastle's willingness to offer $1.10 per share in cash by merger or otherwise and cash out...

  Tags: Newcastle Partners LP

• Newcastle Partners Launches Silver Creek Business Center in San Jose; Offers Building Ownership for Small Businesses

  - 2005-04-06

  SAN JOSE, Calif. -- Development Comprises Eight Buildings Totaling 114,275 Square Feet; First New Project of This Size in the Silicon Valley in More Than 20 Years Newcastle Partners, a commercial real estate investment and development company, has begun construction of the 114,275-square-foot Silver Creek Business Center designed to...

  Tags: Newcastle Partners LP

• Newcastle Partners Starts Construction on 450,000 Square Feet of Industrial Buildings in Inland Empire

  - 2005-03-01

  NEWPORT BEACH, Calif. -- Newcastle Partners, a commercial real estate investment and development company, has begun construction on two projects totaling 450,000 square feet of state-of-the-art industrial buildings in the Inland Empire community of Fontana, Calif. "The Inland Empire remains one of the most desirable industrial development areas in...

  Tags: Newcastle Partners LP