Georgia Business

MiMedx Obtains Successful Settlement Of Its Patent Infringement Lawsuit Against Musculoskeletal Transplant Foundation, Medline Industries And Liventa Bioscience, Inc.

11 01 2018

MARIETTA, Ga., Jan. 11, 2018 -- MiMedx Group, Inc. (NASDAQ: MDXG), the leading biopharmaceutical company developing and marketing regenerative and therapeutic biologics utilizing proprietary human placental tissue allografts, today announced that it successfully settled the Company's longstanding patent infringement lawsuit against Musculoskeletal Transplant Foundation, Inc. ("MTF"), Medline Industries, Inc. ("Medline") and Liventa Bioscience, Inc. ("Liventa").     In April 2014, MiMedx filed a lawsuit in the United States District Court for the Northern District of Georgia against MTF, Medline, and Liventa (formerly known as AFCell Medical, Inc.) for permanent injunctive relief and unspecified damages.  In its suit, MiMedx asserted, among other things, that MTF, Liventa and Medline infringed MiMedx's U.S. Patent No. 8,709,494. In addition to the allegations of patent infringement, the lawsuit also asserted that Liventa and Medline knowingly and willfully...

Salata Makes Entryway Into South Texas

11 01 2018

HOUSTON, Jan. 11, 2018 -- Salata, the Houston-based fast-casual salad restaurant brand, is proud to announce expansion plans in partnership with franchisee Grafton Way Restaurant Group. Over the next five years, Grafton Way will open eight Salata locations across The Valley in Texas, including Victoria, Laredo, Corpus Christi, Brownsville, and McAllen, marking the brand's entryway into each of these local markets. "Grafton Way Restaurant Group has always endeavored to make valuable investments in The Greater Houston area and we are looking forward to developing the Salata brand in The Valley," said Karim Haji, Chief Executive Officer of Grafton Way Restaurant Group. Salata and Grafton Way Restaurant Group reveal plans for expansion on the heels of reopening Salata in Kingwood, Texas in December after the original property closed due to Hurricane Harvey.  The Kingwood restaurant is the second Salata restaurant for Grafton Way after opening Salata in Westlake Marketplace...

Pollo Tropical Now Serving No Antibiotics Ever (NAE) Chicken

11 01 2018

MIAMI, Jan. 11, 2018 -- Today, Pollo Tropical, the quick-service restaurant chain famous for citrus marinated, fire-grilled chicken and more, announced that 100% of all chicken menu items served at their over 140 locations will be made with No Antibiotics Ever (NAE) chicken. Pollo Tropical's Whole Chicken Meal with White Rice and Black Beans As part of its strategic renewal plan, the Pollo Tropical brand has made a commitment to quality, fresh, wholesome ingredients.  For people in search of more natural food offerings, NAE chicken is becoming a new benchmark for the industry and Pollo Tropical's transition marks a significant milestone for the company. "Serving No Antibiotic Ever chicken is a very important moment in Pollo Tropical's proud 30-year history. Our supply chain team has spent a tremendous amount of time and effort to ensure that we provide the best quality chicken in a highly responsible manner to our guests," said Fiesta Restaurant...

SenecaGlobal Launches New Enterprise Cloud and Managed Services Practice

11 01 2018

We want to fill this demand by serving as a strategic advisor for our customers as they pursue their digital transformation goals. Chicago, IL January 11, 2018 SenecaGlobal, one of the world’s fastest-growing global IT outsourcing companies, today announces the launch of a new Enterprise Cloud and Managed Services practice. Building on the company’s reputation for providing best-in-class customer service and value, the new offering will continue the company’s commitment to providing cutting-edge technology services that transform businesses.    SenecaGlobal’s ambition is to become a Full-Service Cloud Provider for its customers, which it hopes to achieve using its new proprietary Cloud Journey approach. The four main pillars of the Cloud Journey program include Cloud Advisory, Cloud Architecture, Cloud Transformation and Migration, and Cloud Managed Services. “Companies across every industry, from financial services to healthcare and manufacturing, need a trusted...

United Community Banks, Inc. Announces Upsizing and Pricing of Subordinated Notes Offering

11 01 2018

BLAIRSVILLE, Ga., Jan. 11, 2018 -- United Community Banks, Inc. (NASDAQ:UCBI) (“United”), the holding company of United Community Bank, today announced the pricing of its underwritten public offering of $100,000,000 aggregate principal amount of 4.500% Fixed to Floating Rate Subordinated notes due January 30, 2028 (the “Notes”).  Due to market demand, United increased the aggregate amount of the Notes to $100.0 million from the previously announced amount of $85.0 million.  The Notes will initially bear interest at a rate of 4.500% per annum, payable semi-annually in arrears, with interest commencing on the issue date, to, but excluding, January 30, 2023, and, thereafter, payable quarterly in arrears at an annual floating rate equal to three-month LIBOR as determined for the applicable quarterly period, plus 2.120%. The Notes have been offered to the public at par. The offering is expected to close on or about January 18, 2018, subject to the satisfaction of customary...

BlueLinx Announces Repayment of $98 Million CMBS Mortgage

11 01 2018

ATLANTA, Jan. 10, 2018 -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building and industrial products in the United States, announced today the Company has paid off the remaining principal on its 2006 CMBS mortgage of approximately $98 million.  The payment was funded through long-term sale leaseback transactions on four properties owned by the Company, which provided $110 million in aggregate sale proceeds.  The Company will operate these locations under long-term leases, and after the transaction, the Company will continue to own 33 facilities in the United States.    "We are very pleased that over the last four months we have both replaced our ABL and paid the principal of our legacy mortgage while continuing our mission to delever BlueLinx. The Company’s portfolio of owned real estate continues to provide financial strength as a source of liquidity for additional debt reduction and operational and strategic opportunities in the future,”...

Eagle Roofing Products Announces Alliance Sponsorship Role in 2018 Meritage reNEWable Living Home

10 01 2018

ORLANDO, Fla. January 10, 2018 Eagle Roofing Products, the industry leader in concrete roof tile manufacturing and innovation, announced that they are an Alliance Sponsor for the 2018 Meritage reNEWable Living Home. The project is a pioneering venture between Hanley Wood, the premier information, media, event, and strategic marketing services company serving the residential, commercial design and construction companies, and Meritage Homes, the eighth largest homebuilder in the United States. Designed with the homeowner in mind, the project features innovative design, engineering, materials science and construction practices that coalesces around transforming the idea of homeownership by delivering homes that renew, grow, change and adapt. The home will be unveiled at the 2018 National Association of Home Builders International Builders’ Show in Orlando, FL. Meritage Homes specifically requested Eagle’s participation in the reNEWable Living Home to provide the concrete tile roof....

Floor PoP Display Market to Register Rapid Expansion in the North America Region During 2017-2026

10 01 2018

Albany, NY -- 01/10/2018 -- Market Research Hub (MRH) has apprehended a new report in its database titled 'Global Floor POP Display market.' The research report provide statistics on market size along with the estimates for key countries in the particular geographical region. Moreover, the study covers value chain analysis, pricing structure, and market share of the prominent players. The report also provide holistic prospects of the overall competitive landscape in the worldwide market for floor pop display. The report throws light on the information associated with the market size for every single segment during the period of 2017 to 2026, by analyzing the macro and micro socio-economic aspects. The overall growth rate and performance of each segment has been assessed by comprehensively evaluating analysis of future trends, past trends, demographics, growth and the regulatory landscape is given in the report. The report publication provide in-depth scrutiny of the key aspects...

What’s Happening to Diet Coke®?

10 01 2018

ATLANTA--(BUSINESS WIRE)--Diet Coke — the same crisp, iconic taste launched in 1982 O.G. Diet Coke — isn’t changing. (You don’t mess with a good thing.) But the Diet Coke you think you know is history. We’re re-launching with a bold new look, a fresh attitude, and four delicious new flavors, which join the iconic original. Why? Because every good icon knows that evolution is everything. That’s why we’re rolling out a modern design and adding new sleek cans – still 12 ounces with that old-school Diet Coke vibe and great taste. Because after speaking to more than 10,000 people and spending years exploring all kinds of combinations like tropical, citrus and even botanical notes, we found magic. Introducing Diet Coke Ginger Lime, Diet Coke Feisty Cherry, Diet Coke Zesty Blood Orange and Diet Coke Twisted Mango into the Diet Coke family. Trust us when we say, you haven’t tasted anything like this before. And finally, we’re switching things up because change is delicious...

Palmetto Moon Appoints Adam Stone to Chief Executive Officer

10 01 2018

CHARLESTON--(Marketwired - January 10, 2018) - Palmetto Moon, LLC ("Palmetto Moon" or the "Company"), a portfolio company of Topspin Partners, announced today that it has appointed Adam Stone to the position of Chief Executive Officer. Eric Holzer, who currently serves as CEO, has decided to step away from the position to spend more time with his family. Mr. Stone has over 24 years of diverse experience in the retail industry and has extensive experience in both public and private equity environments. He previously served as CEO of children's apparel specialty retailer Hanna Andersson since 2010. Under Mr. Stone's leadership, Hanna Andersson grew from a $60 million business with 15 stores to a $200 million business with 75 stores. Adam successfully exited the Company through a sale to L Catterton in 2016. Prior to Hanna Andersson, Mr. Stone held various positions at Limited Brands, including Chief Financial Officer of Victoria's Secret Stores and Vice President of Finance...

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