Jagdeo describes piracy attacks as acts of “terrorism”

first_img– calls on both Govts to work together to address horrific scourgeOpposition Leader and People’s Progressive Party (PPP) General Secretary Bharrat Jagdeo and Member of Parliament Anil Nandlall on Sunday in Paramaribo, Suriname met with hundreds of Guyanese, including the families of those who perished at the hands of pirates recently.Opposition Leader Bharrat Jagdeo addresses scores of Guyanese in Suriname over the weekendAlso in attendance were several survivors of the ordeals.The families and the survivors explained in great detail the horrors that they have endured at the hands of the criminals and expressed great fear that these atrocities would be repeated unless the perpetrators were arrested and brought to justice.The Leader of the Opposition expressed condolences on behalf of the PPP to relatives of those who perished, and expressed the Party’s solidarity with all those affected by the tragedy.He described the attacks as acts of terrorism, and called upon the Governments of Guyana and Suriname to work collaboratively and swiftly in addressing these horrific incidents fully and comprehensively. He urged that the full force of the law be used to bring the perpetrators to justice. The former President emphasised that these were exceptionally criminal acts which required an exceptional response from the Government of Guyana and not the lukewarm, run-of-the-mill approach thus far adopted.Another section of the fishermen’s relatives at the meeting on SundayThe Opposition Leader also committed that the PPP would do all that it could, both in and out of Parliament, to assist, including working with the Government to bring reprieve to this situation.Former Attorney General Nandlall, who spoke at the meeting as well, also condemned the horrendous attacks, and pointed out that these were appropriate cases for Government to use “special prosecutors” to prosecute those charged in an effort to secure convictions.Another public meeting with a different set of affected persons is scheduled to take place today at another location in Suriname.last_img read more

Zillow Trulia Complete Acquisition Deal

first_img Acquisitions Company News Trulia Zillow 2015-02-18 Tory Barringer February 18, 2015 543 Views Days after getting the nod from the Federal Trade Commission, Zillow has finally completed its $2.5 billion acquisition of Trulia, the companies announced jointly Tuesday afternoon.Along with the acquisition, Zillow also announced the launch of Zillow Group, Inc., a family of real estate and home-related brands across the Web and mobile platforms. Besides Trulia, the brand portfolio includes StreetEasy, a real estate marketplace focused on New York City, and rental search brand HotPads. Zillow Group will trade under Zillow’s old ticker symbol, “Z,” and will inherit the company’s trading history.Expressing his excitement for the Trulia acquisition, Zillow Group CEO Spencer Rascoff said the completion of the deal marks a “pivotal day in online real estate.””Each of our brands share a consumer-first philosophy, and our power combination of insights and expertise will drive even greater innovation for consumers, empowering them with essential information they need to make critical financial decisions,” Rascoff said. “Our combination will also enable real estate professionals to more efficiently and easily reach the nation’s largest audience of engaged buyers, sellers and homeowners, and extract even more value from their advertising.”According to the announcement, the acquisition was made in a stock-for-stock transaction valued at $2.5 billion, a figure based on Zillow stock’s closing price on February 17. The deal, first announced last July and approved by shareholders in December, had been put on hold while the Federal Trade Commission investigated it.As a result of the acquisition, the companies eliminated approximately 280 positions, due primarily to redundancies in staffing, they announced. Another 70 positions will be cut by the end of Q2. All affected employees have already been notified.Staying on is Paul Levine, who previously served as Trulia’s CEO and who will now serve as the company’s president. Pete Flint, co-founder and former CEO of Trulia, has joined Zillow Group’s board of directors, as has former Trulia board member Greg Waldorf. Zillow, Trulia Complete Acquisition Dealcenter_img in Headlines, News, Technology Sharelast_img read more