ANTHONY PETRELLO LEADS NABORS IN ACQUIRING OF TESCO CORP.

Nabors Industries is set to acquire Tesco Corp. in an all-stock deal set to close by 14th February 2018. Tesco value stock according to the transaction is valued at four point six two million dollars for every share based on Nabors closing share value as at 11th August. This price is a nineteen percent premium when compared to the Tesco share closing price at the same date, and it is a thirty percent premium based on company’s cash balance as at thirtieth June.

If the deal is successful, then Tesco will own a ten percent stake in Nabors shares. However, if the deal does not go through, Tesco in accordance to a filing made with US securities exchange commission will pay eight million dollars to Nabors. Nabors is a well-known provider of directional drilling, offshore and platform rigs and drilling solutions services. The company is based in Bermuda with main offices at Huston. Tesco Corp., on the other hand, is a company that designs, manufactures and provides technological solutions for the energy industry.

The transaction between the two companies will provide expansion of Nabors provision of rig services. Tesco manufacture of rig equipment and the rental and after service marketing of firm’s solutions will be combined with Nabors subsidiary Canrig that provides rig equipment. First-year revenue from the two companies is expected to be twenty million dollars which is expected to increase to thirty million dollars to thirty-five million dollars as stated by Antony Petrello Nabors president, chairman, and CEO.Tony As commonly known has played a significant role in making Nabors Drilling the world’s largest natural gas and geothermal drilling company operating in Africa, Middle East, and the Far East and the United States.

About Antony Petrello

Born in Newark New Jersey, Mr. Petrello who was among the top paid CEO in the US in 2014 came from a very humble background. He used every available resource from his poor neigh hood to excel in mathematics, and by his 18th birthday, he was offered scholarship to study mathematics at the Yale University.However, during his stay at Yale University, he changed his career to law and enrolled for law school. After graduation, he started his law career at Manhattan law based firm Baker & McKenzie. This job opened doors for an offer from an important client of the firm Nabors industries.

He has been the presidents and CEO of the firm since 1991. Tony is married to his college sweetheart Cynthia Petrello, and together they have a daughter Carina who has cerebral palsy. Anthony and his wife donated millions of dollars yearly to charity, and they recently funded Texas Hospital with a five million dollar donation to help them with their brain research on kids which could help Carina and other children who have cerebral palsy and other developmental issues.

Anthony Petrello Info: www.wsj.com/articles/SB10001424127887324392804578358772612205556

Rocketship Education: Bringing Parents Back Into the School

Rocketship Education started as a public charter school in San Jose, California, back in 2007. Today they operate 18 charter schools across the country. These charter schools are located in low income neighborhoods to provide at risk children a better option in education. This school system was founded on the belief that public school should do more than just educate our children. Rocketship is working to create a community that brings together the teachers and parents.

One thing they do differently is to involve parents in the hiring process. Most of the time, parents have no input into who their children will be spending their days with. At Rocketship Education they get the chance to meet the potential new teachers before they are hired. Two different systems are used, depending on the school’s location, for parental involvement.

In one instance, three to six families are chosen for the hiring process. These families undergo a training provided by the school. After the training is completed the families hold interviews, by panel, to find the best teachers. In other locations the school will hold a public meeting where the parents are introduced to the potential candidates for the job.

One way that Rocketship is raising the standards in education is with their personalized programs. Unlike most public schools, they recognize that every child learns differently. Each of the Rocketeers is provided with an educational program that best fits their learning needs. They combine traditional teaching methods with technology and personal tutors. In this way, students are allowed to learn at their own pace.

The school system is dedicated to helping parents become more engaged in their children’s learning. They offer programs to help their parents be better leaders at home, at school and within their communities. So many parents believe they have no say in their children’s education. Rocketship is working to help them understand they have the right to speak up when they feel the need.

 

The Impeccable Reputation of Madison Street Capital

Madison Street Capital has created a reputation itself for offering solid financial advice to business enterprises the world over. Based in Chicago, Madison Street Capital assists business organizations to gain credit, make the right financial decisions and get through the most complex situations. It also supplies consultancy services for merger and acquisitions. Madison Street Credit reputation has been created by many years of offering satisfactory services to renowned organizations around the world and is sustained through continued stellar work in their areas of practice and operation. Learn more: https://ideamensch.com/charles-botchway/

 

Some of the companies that Madison Street Capital has worked with include Illinois based medical product manufacturer Vital Care Industries. Madison Street Capital provided advisory services to Vital Care Industries in 2014 and assisted them in selecting and acquiring a commercial loan from a suitable lender. The medical company, which has been in operation since 1984, was very pleased with the way MSC handled the whole process and with the eventual outcome. Learn more here: https://www.youtube.com/watch?v=jmbzaVSuCmU

 

The company has attained significant amounts of recognition over the years owing to their outstanding performance and client satisfaction. In 2015, co-founder and chief operating officer Anthony Marsala were selected for the Under 40 Award by the National Association of Certified Valuators and Analysts. The company was named an M&A Advisor finalist in the summer of 216 by finance professional. Then in January 2107, Madison Street Capital went on to win a Turnaround Award for carrying out an unusual restructuring transaction at an effective cost of below %25 million. Learn more: http://creditorweekly.com/index.php/2017/06/23/madison-street-capital-maintains-distressed-industry-reputation/

 

The Madison Street Capital reputation is undeniable. The company prides itself on its commitment to excellence, integrity, leadership, and service in providing financial advisories to the public and privately owned businesses. In recognition of the sensitivity of the most natural and irreplaceable of all resources; time, the company has developed a reputation for identifying and grabbing opportunities wherever they arise to the benefit of their clients. They create mutually beneficial transactions for both the business owners and investors. To achieve this, Madison Street Capital invests in the best skilled, most experienced and most talented professionals in the industry to offer top-notch financial services in different areas. Some of the areas where the company has excelled exponentially in recent years and throughout its existence are corporate advisory, business valuation, financial opinions, valuation for financial reporting, wealth preservation and tax planning and asset management industry focus. Years of success and client satisfaction have culminated in the creation of a reputation for impeccable attention to detail and commitment to excellence, which has made it an ultimate leader in a corporate financial advisory. Visit here: https://www.facebook.com/madisonstreetcapitaladvisors/