About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Serena Aburahma

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TravelCenters of America (NASDAQ: TA) Enters Into Agreement to be Acquired by BP (NYSE: BP) for $1.3 Billion or $86.00 per Share

TravelCenters of America, Inc. (NASDAQ: TA) operates a national network of full-service travel centers through its TA, Petro Stopping Centers and TA Express brands. The company maintains a footprint of 281 locations across 44 states. Shares of the travel network company are soaring 71% through early trading on Thursday, February 16, 2023. Over the past three months, TravelCenters of America has seen average daily volume of 96,810 shares. However, volume of 7.08 million shares or dollar volume of around $598.26 million, has already exchanged hands through early trading.

Shares of TravelCenters of America are surging after the company announced that it has entered into a definitive agreement to be acquired by BP plc (NYSE: BP) for $86.00 per share in cash or a total value of $1.3 billion. The sale offer represents an 84% premium compared to TravelCenters’ closing price on February 15, 2023.

Management says the deal comes as the Board of Directors and management team have meticulously implemented a turnaround plan, which has led to several quarters of improving performance. The sale still requires shareholder approval. Service Properties Trust (NASDAQ: SVC) and The RMR Group (NASDAQ: RMR) own 7.8% and 4.1% of TravelCenters of America’s outstanding shares.

Both Service Properties Trust and The RMR Group have both agreed to enter a vote in favor of the sale. Upon closing of the transaction, TravelCenters of America will terminate its management agreement with RMR and pay a termination fee that is estimated at $44 million. Overall shareholder and regulatory approval are estimated to be finalized be mid-year 2023.

Jonathan M. Pertchik, TravelCenters of America’s Chief Executive Officer: “Today’s announcement that BP is acquiring TA for $86 per share is a result of the successful implementation of our turnaround and strategic plans. We have improved our core travel center business, expanded our network, launched eTA to prepare for the future of alternative fuels and improved our operating and financial results, none of which we could have accomplished without the hard work and dedication of our employees at every level.”

Disclosure: No position. Spotlight Growth has no relationships with any of the companies mentioned in this article and did not receive payment in any form for its creation. This is an opinion article and is not meant to be financial advise. We are not broker-dealers or investment professionals. Please conduct your own due diligence. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/

The post TravelCenters of America (NASDAQ: TA) Enters Into Agreement to be Acquired by BP (NYSE: BP) for $1.3 Billion or $86.00 per Share appeared first on Spotlight Growth.

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