Houlihan Lokey's Consumer, Food & Retail Group is pleased to announce that Milk Specialties Global, a portfolio company of Kainos Capital LP, has been acquired by an affiliate of American Securities LLC. Financial terms were undisclosed. The transaction closed on August 16, 2016. This deal represents another successful transaction for Houlihan Lokey in the food & beverage industry. Founded in 1949, Milk Specialties Global is a leading human and animal nutrition company. The company's Human Nutrition business unit is a leading manufacturer...

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Drafting a social media policy in compliance with Section 7 of the National Labor Relations Act (“NLRA” or “the Act”) has become increasingly challenging for employers, as the National Labor Relations Board (“NLRB” or “the Board”) continues to parse individual words and phrases in employers’ social media policies.  Enforcing that policy can be even more challenging as the Board and counsel struggle to apply the 1930s concept of “protected concerted activity” to employees’ burgeoning 21st century social media activity. ...

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Antonio Cairoli just misses MXGP victory by one point while Jeffrey Herlings gets back to winning ways in MX2. The Dutchman and Tim Gajser continue to front the MX2 and MXGP championships The superb TT Circuit Assen – a stage that has seen many famous battles in road racing – hosted the FIM Motocross World Championship for the second year in a row. The track built for the sixteenth round of 2016 season and the Grand Prix of the Netherlands...

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The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep members up to date with the latest developments in property taxes both in the USA and Europe. This month, the brief reports below cover the United Kingdom, Greece, and Portugal. IPTI has put together a selection of reports from recent articles contained in IPTI Xtracts (see website www.ipti.org for more information). United Kingdom: consultation paper on business rates In the UK there is uproar about an issue that...

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This is not a trivial question because the supervisory authority designated in each Member State will now be entitled to impose more stringent administrative sanctions under the new General Data Protection Regulation ('GDPR') than what is currently possible. And that’s not all: sanctions can otherwise be imposed by courts also.  So, what could happen when one violates data protection rules? The administrative sanctions imposed by the supervisory authority are two-fold: it can (i) take one or more of the measures listed in...

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U.S. Customs and Border Protection (“CBP”) has published “interim” regulations detailing a new framework and legal procedures for investigating potential evasion of antidumping (“AD”) and countervailing duty (“CVD”) liability.  A process has now been put in place that allows domestic manufacturers or competitors to file allegations of AD/CVD evasion and participate in the investigation thereof. The new framework provides for strict time deadlines that will require immediate and comprehensive responses from the targeted importers. These interim regulations are effective immediately. Interested...

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Summary/Objective  The Vice President, Sales position is responsible for establishing the sales volume and profit targets for its eggbon technology products to meet the company objectives. Responsible for developing strategic sales plans based on company goals that will promote sales growth and customer satisfaction for the organization. Essential Functions Develops annual sales plan in support of organization strategy and objectives. Directs implementation and execution of sales policies and practices. Ensures communications are coordinated with SanTech Senior Management Team. Recommends sales strategies for improvement based...

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On 30 June 2016, the European Commission adopted a Delegated Act supplementing the EU Regulation on key information documents (“KID”) for packaged retail and insurance-based investment products (“PRIIPs”) (the “PRIIPs Regulation”). The Delegated Act introduces regulatory technical standards (“RTS”) specifying the content and underlying methodology of the KID that will have to be provided to retail investors when they buy certain investment products. The PRIIPs Regulation introduces a pan-European standardised precontractual disclosure document requirement for manufacturers of PRIIPs to assist...

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The secret to the success of the John Lewis Partnership – as one of the UK’s leading employee-owned companies, where all 90,000-plus ‘partners’ participate in the business and receive the same percentage of salary paid as a profit-sharing bonus – has recently gone public. The Nuttall review of 2012 raised awareness of employee ownership, and the Finance Act 2014 introduced a new Employee Ownership Trust (EOT), which offers tax benefits, including income tax relief on John Lewis-style bonuses. Employee-owned businesses...

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As 80 percent of learning takes place through our eyes, a comprehensive eye exam is the only way to ensure a child can see clearly and has healthy eyes that work properly. It is also one of the most important ways parents can give their child the best possible chance at success. To advocate for every child’s right to see clearly,Optometry Giving Sight, Vision Impact Institute and VSP Global ;">have teamed up to form Kids See: Success, with the goal...

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