Investor Relations

Investor Relations 2018 Newsroom
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12/10/18HC2 Holdings to Participate in the 6th Annual ROTH New Industrials Corporate Access Day
NEW YORK, Dec. 10, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE: HCHC), a diversified holding company, announced today that it will participate in the 6th Annual ROTH New Industrials Corporate Access Day being held on December 11, 2018 at the Lotte New York Palace in New York City. HC2’s executive management team including Philip A. Falcone, Chairman, Chief Executive Officer and President, Michael J. Sena, Chief Financial Officer and Andrew G. Backman, Managing... 
11/30/18HC2 Portfolio Company DBM Global Inc. Completes Acquisition of GrayWolf Industrial
NEW YORK, Nov. 30, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE: HCHC), a diversified holding company, announced today that its operating subsidiary DBM Global Inc. (“DBM Global”) (OTC: DBMG), a family of companies providing fully integrated structural and steel construction services, has completed its previously announced acquisition of GrayWolf Industrial, a premier specialty maintenance, repair and installation services provider. “Through this acquisition, which is expected to... 
11/14/18HC2 Holdings Announces Pricing of its $55 Million Convertible Senior Notes Offering
NEW YORK, Nov. 14, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE: HCHC) (the “Company”), a diversified holding company, announced today the pricing of an offering of $55 million aggregate principal amount of its 7.5% convertible senior notes due 2022 (“Notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be general unsecured and unsubordinated obligations of the C... 
11/14/18HC2 Holdings Announces Pricing of its $470 Million Senior Secured Notes Private Offering
NEW YORK, Nov. 14, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE: HCHC), a diversified holding company, announced today the pricing of $470 million aggregate principal amount of 11.50% senior secured notes due 2021 (the “Secured Notes”) being offered by the Company in a private offering (the “Offering”) exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").  The Secured Notes are to be issued at an issue price of 98.750%. The Off... 
11/12/18HC2 Holdings Announces Launch of $470 Million Senior Secured Notes Private Offering and Concurrent $55 Million Convertible Senior Notes Private Offering
Net Proceeds to Refinance 11% Senior Secured Notes NEW YORK, Nov. 12, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE: HCHC), a diversified holding company, announced today a private offering of $470 million aggregate principal amount of senior secured notes due 2021 (the “Secured Notes”) and a concurrent private offering of $55 million aggregate principal amount of convertible senior notes due 2022 (the “Convertible Notes”, and together with the “Secured Notes”, the “Notes”) being... 
11/07/18HC2 Holdings Reports Third Quarter 2018 Results
Re-Affirms 2018 Guidance for Construction and Marine Services Segments NEW YORK, Nov. 07, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. ("HC2" or the "Company") (NYSE: HCHC), a diversified holding company, announced today its consolidated results for the third quarter 2018, which ended on September 30, 2018. "The third quarter was yet another very good quarter across the portfolio," said Philip Falcone, HC2's Chairman, Chief Executive Officer and President. "Leading the way, DBM Global had solid q... 
10/29/18HC2 Holdings Sets Third Quarter 2018 Earnings Release Date And Webcast
NEW YORK, Oct. 29, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (NYSE:HCHC), a diversified holding company, announced today that it will release its financial results for the third quarter 2018 on Wednesday, November 7, 2018 after the market closes. The Company will host an earnings conference call reviewing these results and its operations the same day, beginning at 5:00 p.m. ET.  Participating on the call will be Philip Falcone, the Company’s Chairman, President and CEO, Michael J. Sena, C... 
10/22/18HC2 Holdings Announces Launch of $535 Million Senior Secured Notes Private Offering
Net Proceeds to Refinance 11% Senior Secured Notes NEW YORK, Oct. 22, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE: HCHC), a diversified holding company, announced today a private offering of $535 million aggregate principal amount of senior secured notes due 2023 (the “Notes”).  The Company expects to use the proceeds from the issuance of the Notes to redeem all of its outstanding 11% senior secured notes due 2019 and to pay certain related transaction costs and expenses.  The ... 
10/22/18HC2 to Explore Strategic Alternatives for Global Marine Subsidiary
Deutsche Bank and ABN AMRO Engaged as Joint Advisors NEW YORK, Oct. 22, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE:HCHC), a diversified holding company, announced today that it is exploring strategic alternatives, including a potential sale, for its Global Marine subsidiary. As part of this process, Global Marine Holdings, LLC (d/b/a Global Marine Group) (“Global Marine”), a leading provider of offshore engineering services to the telecommunications, renewables and oil &... 
10/22/18HC2 Portfolio Company MediBeacon™ Granted Breakthrough Device Status From FDA for Transdermal GFR Measurement System
MediBeacon’s Breakthrough Device is Intended to Measure GFR in Patients with Impaired or Normal Kidney Function NEW YORK, Oct. 22, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE:HCHC), a diversified holding company, announced today that the U.S. Food and Drug Administration (“FDA”) has granted Breakthrough Device designation to MediBeacon Inc., a portfolio company within HC2’s Pansend Life Sciences subsidiary, for the company’s Transdermal GFR Measurement System (“TGFR”).  The ... 
10/11/18HC2 Portfolio Company DBM Global Inc. To Acquire GrayWolf Industrial, A Leading Provider Of Specialty Maintenance, Repair And Installation Services
Acquisition Extends DBM Global’s Broad Service Offering into Heavy Maintenance and Repair Industry NEW YORK, Oct. 11, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE: HCHC), a diversified holding company, announced today that its operating subsidiary DBM Global Inc. (“DBM Global”) (OTC: DBMG), a family of companies providing fully integrated structural and steel construction services, has entered into an agreement to acquire GrayWolf Industrial, a premier specialty maintenance, repa... 
10/02/18HC2 Broadcasting Launches Network Partnership With The Christian Broadcasting Network
NEW YORK, Oct. 02, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE: HCHC), a diversified holding company, announced today that its broadcasting subsidiary, HC2 Broadcasting Holdings Inc. (“HC2 Broadcasting”), has established a strategic distribution partnership with The Christian Broadcasting Network (“CBN”) for its launch of The CBN News Channel, the first 24-hour Christian television news channel. Under the new distribution agreement, HC2 Broadcasting will initially broadcast the ... 
09/20/18Parent Company of HC2 Telecom Subsidiary PTGi-ICS Changes Name to ICS Group Holdings Inc.
ICS Group Holdings to Acquire GO2TEL.COM as First in Subsidiary’s New Acquisition Strategy NEW YORK, Sept. 20, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE: HCHC), a diversified holding company, announced today that the parent company of its telecom subsidiary PTGi-ICS has changed its name from Arbinet Corporation to ICS Group Holdings Inc., (“ICS Group”). ICS Group’s mandate is to seek out and purchase companies that have a proven track record, a strong balance sheet and low ... 
08/09/18HC2 Portfolio Company Continental General Insurance Completes Acquisition of $2.4 Billion Long-Term Care Insurance Business From Humana Inc.
Acquisition Significantly Increases Insurance Investment Portfolio to Approximately $3.8 Billion of Cash and Invested Assets NEW YORK, Aug. 09, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. ("HC2") (NYSE: HCHC), a diversified holding company, announced today that its insurance subsidiary, Continental General Insurance Company ("CGIC"), has completed its acquisition of the long-term care ("LTC") insurance business KMG America Corporation ("KMG") from Humana Inc. (NYSE:HUM). As of March 31, 2018... 
08/08/18HC2 Holdings Reports Second Quarter 2018 Results
Re-Affirms 2018 Guidance for Construction and Marine Services Segments NEW YORK, Aug. 08, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE: HCHC), a diversified holding company, announced today its consolidated results for the second quarter 2018, which ended on June 30, 2018. “The second quarter was one of the best performing quarters over the past two years across our portfolio,” said Philip Falcone, HC2’s Chairman, President and Chief Executive Officer.  “Our cor... 
07/23/18HC2 Holdings Sets Second Quarter 2018 Earnings Release Date and Webcast
NEW YORK, July 23, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (NYSE:HCHC), a diversified holding company, announced today that it will release its financial results for the second quarter 2018 on Wednesday, August 8, 2018 after the market closes. The Company will host an earnings conference call reviewing these results and its operations the same day, beginning at 5:00 p.m. ET.  Participating on the call will be Philip Falcone, the Company’s Chairman, President and CEO, Michael J. Sena, Ch... 
07/09/18Communications Strategy and Policy Expert Rebecca Hanson Joins HC2 Broadcasting Subsidiary
NEW YORK, July 09, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE:HCHC), a diversified holding company, announced today that Rebecca Hanson, formerly Senior Vice President, Strategy and Policy, for Sinclair Broadcast Group, will serve as Executive Vice President and General Counsel of HC2’s subsidiary HC2 Broadcasting Holdings Inc. (“HC2 Broadcasting”), effective today, July 9, 2018. In this role, Ms. Hanson will be responsible for the legal and regulatory operations of HC2’s tel... 
06/11/18HC2 Completes Sale of Pansend Life Sciences Portfolio Company BeneVir Biopharm to Janssen Biotech, Inc. for Up to $1.04 Billion
NEW YORK, June 11, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE:HCHC), a diversified holding company, announced today that it has completed the sale of BeneVir Biopharm, Inc. (“BeneVir”), a privately-held biotechnology company developing oncolytic immunotherapies for the treatment of cancer, to Janssen Biotech, Inc. (“Janssen”).   In conjunction with the closing of the transaction, Janssen made an upfront cash payment of $140 million, of which HC2 received approximately $73 milli... 
05/16/18HC2 Holdings to Participate at the 19th Annual B. Riley FBR Investor Conference
NEW YORK, May 16, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2” or “the Company”) (NYSE:HCHC), a diversified holding company, announced today that it will be participating at the 19th Annual B. Riley FBR Investor Conference in Santa Monica, CA, on Thursday, May 24, 2018 at 11:30 a.m. PT (2:30 p.m. ET). HC2’s executive management team including Philip A. Falcone, Chairman, Chief Executive Officer and President, Michael J. Sena, Chief Financial Officer and Andrew G. Backman, Managing Direc... 
05/10/18HC2 Holdings Reports First Quarter 2018 Results
Re-Affirms 2018 Guidance for Construction and Marine Services Segments NEW YORK, May 10, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. ("HC2" or "the Company") (NYSE:HCHC), a diversified holding company, announced today its consolidated results for the first quarter 2018, which ended on March 31, 2018. "During the first quarter, our portfolio of diverse businesses continued to execute on their strategies," said Philip Falcone, HC2's Chairman, President and Chief Executive Officer.  "DBM ... 
05/03/18HC2 Holdings Announces Pricing of Private Offering of $110 Million Senior Secured Notes to Refinance Senior Secured Bridge Loans
NEW YORK, May 03, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE:HCHC), a diversified holding company, announced today the pricing of $110 million aggregate principal amount of 11.000% Senior Secured Notes due 2019 (the “Notes”), representing an upsize from a previously announced proposed offering of $105 million aggregate principal amount. The Company expects to use the net proceeds from the issuance of the Notes to refinance all of its outstanding senior secured bridge loans (the ... 
05/03/18HC2 Holdings Announces Launch of Private Offering of $105 Million Senior Secured Notes
Net Proceeds to Refinance Senior Secured Bridge Loans, for Working Capital and General Corporate Purposes NEW YORK, May 03, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE:HCHC), a diversified holding company, announced today a private offering of $105 million aggregate principal amount of its 11.000% Senior Secured Notes due 2019 (the “Notes”). The Company expects to use the net proceeds from the issuance of the notes to refinance all of its outstanding senior secured bridge loans ... 
05/02/18HC2 Announces Pansend Life Sciences Portfolio Company BeneVir Biopharm to be Acquired by Janssen Biotech, Inc. for up to $1.04 Billion
NEW YORK, May 02, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE:HCHC), a diversified holding company, announced today that BeneVir Biopharm, Inc. (“BeneVir”), a privately-held biotechnology company developing oncolytic immunotherapies for the treatment of cancer, has entered into a definitive agreement to be acquired by Janssen Biotech, Inc. (“Janssen”). BeneVir is a portfolio company within HC2’s Pansend Life Sciences (“Pansend”) subsidiary. Pansend is led by David A. Present M... 
04/24/18HC2 Holdings Sets First Quarter 2018 Earnings Release Date and Webcast
NEW YORK, April 24, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (NYSE:HCHC), a diversified holding company, announced today that it will release its financial results for the first quarter 2018 on Thursday, May 10, 2018 after the market closes. The Company will host an earnings conference call reviewing these results and its operations the same day, beginning at 5:00 p.m. ET.  Participating on the call will be Philip Falcone, the Company’s Chairman, President and CEO, Michael J. Sena, Chief... 
03/14/18HC2 Holdings Reports Fourth Quarter and Full Year 2017 Results
Introduces 2018 Guidance for Two Largest Segments NEW YORK, March 14, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. ("HC2") (NYSE:HCHC), a diversified holding company, announced today its consolidated results for the fourth quarter and full year 2017, which ended on December 31, 2017. "For HC2, 2017 ended much as it began, having met key milestones and realized accomplishments for the business across our portfolio," said Philip Falcone, HC2's Chairman, President and Chief Executive Officer. "In th... 
03/13/18HC2 Broadcasting Appoints Industry Veterans Kurt Hanson and Louis Libin to Lead Growth
NEW YORK, March 13, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE:HCHC), a diversified holding company, announced today that its subsidiary, HC2 Broadcasting Holdings Inc., (“HC2 Broadcasting”), has appointed industry veterans Kurt Hanson and Louis Libin to accelerate the growth of HC2 Broadcasting as a premier over-the-air (“OTA”) distribution platform. Mr. Hanson, formerly Vice President, Engineering Services and Systems Support at ABC Television Network, will serve as Chief Tec... 
02/20/18HC2 Holdings Sets Fourth Quarter and Fiscal Year 2017 Earnings Release Date and Webcast
NEW YORK, Feb. 20, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (NYSE:HCHC), a diversified holding company, announced today that it will release its financial results for the fourth quarter and fiscal year 2017 on Wednesday, March 14, 2018 after the market closes. The Company will host an earnings conference call reviewing these results and its operations the same day, beginning at 5:00 p.m. ET.  Participating on the call will be Philip Falcone, the Company’s Chairman, President and CEO, Mic... 
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