Investor Relations

Investor Relations 2018 Newsroom
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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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