Binghamton bakery helps community one loaf at a time

first_imgBINGHAMTON (WBNG) — On Thursday from 9 a.m. to 12 p.m. residents were able to walk into DiRienzo Bakery in Binghamton to pick out a free loaf of bread. The bakery and deli is open Monday through Saturday. Owner Tony DiRienzo said that this is just one way his business could step up to help the community during this difficult time. Customers came in and out of the store, some grabbing just a loaf, while others were picking up more essential goods. “Everybody needs a helping hand, and we’re the bakers, we’ve been here for a 116 years and we just want to help our neighbors out.” said DiRienzo.last_img

William Hill eyes digital expansion through MRG acquisition

first_img GiG lauds its ‘B2B makeover’ delivering Q2 growth August 11, 2020 Share William Hill accelerates transformation agenda to overcome COVID realities August 5, 2020 Submit Related Articles StumbleUpon FTSE250  bookmaker William Hill Plc is looking to grow its digital footprint and expand its European profile, putting forward a cash offer to acquire Stockholm-listed MRG Group (legacy Mr Green & Co) for a sum equivalent to €271 million. This morning,  William Hill governance offered its opening SEK69 in cash per share to MRG investors, representing a total of SEK2,819m (€270.96m). To date, William Hill has been the only FTSE gambling enterprise to not participate in any M&A activity, which has underlined the global betting sector since 2016.The acceptance period for the offer is expected to commence on or around 10 December and close around 11 January 2019. If approved, the settlement is expected to begin around 17 January. Updating the market, William Hill CEO Philip Bowcock commented: “This proposed acquisition accelerates the diversification of William Hill – immediately making us a more digital and more international business.“MRG will provide William Hill with an international hub in Malta with market entry expertise and strong growth momentum in a number of European countries. William Hill will move from a single brand to a suite of brands that can maximise growth opportunities moving forward in new and existing markets.”The rationale behind the move is to create a strongly positioned combined business with an expanded European footprint in faster-growing online betting and gaming markets, further supported by the existing William Hill Online and retail businesses in the UK and the US.MRG’s online-only business will increase the group’s share of revenue and profits from online as well as from outside the UK, and in the process reduce William Hill’s exposure in the UK.Ulrik Bengtsson, William Hill’s Chief Digital Officer, will be tasked with heading the integration of MRG within the wider group. Bengtsson has a strong track record in Nordic online gaming businesses thanks to his time leading operator Betsson.In the statement, William Hill outlined it would undertake “a careful review of the capabilities and needs of the new combined operations, the optimal structure for future success will be determined”.It adds: “There are currently, before completion of the offer, no decisions on any material changes to MRG’s employees and management or to the existing organisation and operations, including the terms of employment and locations of the business.” Clearly this is subject to review once (and if) the transaction goes through.William Hill has retained Citigroup Global Markets as exclusive financial advisor and corporate broker and Vinge as legal advisor.The full-cash offer remains subject to the acceptance of the shareholders and all relevant regulatory approvals. SBC Magazine Issue 10: Kaizen Gaming rebrand and focus for William Hill CEO August 25, 2020 Sharelast_img read more