Connect with us

Business Insider

The 30 top colleges in the US, and how much you might be earning 6 years after graduating

Avatar

Published

on

30. Emory University — Atlanta, Georgia

emory

EQRoy/Shutterstock

Acceptance rate: 19%

Undergraduate students: 7,086

Net cost of tuition: $26,804

Most popular majors: Business, Nursing, Biology

Median annual earnings six years after graduation: $66,000

According to a student: “Although online learning is definitely not ideal, my professors made sure that we were all accommodated and definitely modified their classes to make them easier for remote learning. Many of my professors scheduled calls with their students just to check up and say “hi,” which really went to show how much they care about the well-being of their students. I really appreciated my professors’ effort to help us out during the COVID-19 pandemic.”

29. University of Virginia — Charlottesville, Virginia

University of Virginia

epantha/Getty Images

Acceptance rate: 26%

Undergraduate students: 16,777

Net cost of tuition: $17,845

Most popular majors: Liberal Arts and Humanities, Economics, Business

Median annual earnings six years after graduation: $61,200

According to a student: “During COVID-19, I took all of my classes online. They went better than expected, and since I am a government major, not much was changed in terms of assignments. However, I feel like being so removed from classmates and the teacher makes it more challenging to motivate yourself and stay focused.”

28. Carnegie Mellon University — Pittsburgh, Pennsylvania

carnegie mellon

Tupungato/Shutterstock

Acceptance rate: 17%

Undergraduate students: 6,589

Net cost of tuition: $30,847

Most popular majors: Computer Science, Electrical Engineering, Statistics

Median annual earnings six years after graduation: $83,600

According to a student: “While I did not take classes at CMU online, there were some lectures that took place online. For instance, both my biology and elementary computer science course had some lessons on the Online Learning Initiative (OLI). These were quite useful and interactive. And made excellent study material as well for the finals.”

27. Johns Hopkins University — Baltimore, Maryland

Johns Hopkins University

Jon Bilous/Shutterstock

Acceptance rate: 11%

Undergraduate students: 6,064

Net cost of tuition: $27,868

Most popular majors: Public Health, Neuroscience and Neurobiology, Bioengineering and Biomedical Engineering

Median annual earnings six years after graduation: $73,200

According to a student: “My online learning experience has been great with little or no disruption from my in-person coursework. The professors, TA’s and Hopkins administration have been wonderful, understanding, compassionate, and patient due to COVID-19. Being at Hopkins online and in-person have both been a great experience!”

26. University of California in Los Angeles — Los Angeles, California

UCLA

Damian Dovarganes/AP

Acceptance rate: 14%

Undergraduate students: 31,577

Net cost of tuition: $15,002

Most popular majors: Economics, Political Science and Government, Sociology

Median annual earnings six years after graduation: $60,700

According to a student: “Because of COVID-19, all my classes were online this quarter. Though it was challenging, professors and TAs were extremely understanding and made it clear that they still wanted us to excel.”

25. Tufts University — Medford, Massachusetts

Tufts University

Brian Snyder/Reuters

Acceptance rate: 15%

Undergraduate students: 5,643

Net cost of tuition: $26,825

Most popular majors: Economics, Biology, Computer Science 

Median annual earnings six years after graduation: $75,800

According to a student: “This past semester was online and my professors were flexible in making things work. The experience was challenging because academics at Tufts are notoriously rigorous. However, finding a balance between academic requirements and online learning is something that we’ll only be able to master with time.”

24. Georgetown University — Washington, DC

georgetown university

lillisphotography/Getty Images

Acceptance rate: 15%

Undergraduate students: 7,459

Net cost of tuition: $28,509

Most popular majors: Political Science and Government, International Relations, Finance

Median annual earnings six years after graduation: $93,500

According to a student: “Georgetown was such a great experience for me personally — I found the professors to truly care about their students and most of the student body was driven, intelligent, and genuine.”

23. University of Michigan — Ann Arbor, Michigan

university of michigan

Ken Wolter/Shutterstock

Acceptance rate: 23%

Undergraduate students: 30,318

Net cost of tuition: $16,856

Most popular majors: Information Science, Business, Economics

Median annual earnings six years after graduation: $63,400

According to a student: “The University of Michigan has really turned into my home. The atmosphere of the school as well as the challenging but also supportive academic environment were the two things that I was really looking for in a school and Michigan does it so well. You really need to take initiative to succeed here, but if you do it’s great.”

22. Amherst College — Amherst, Massachusetts

Amherst College

Mark Yarchoan/Shutterstock

Acceptance rate: 13%

Undergraduate students: 1,855

Net cost of tuition: $19,275

Most popular majors: Mathematics, Economics, English

Median annual earnings six years after graduation: $65,000

According to a student: “I’ve grown intellectually more than I could have imagined during my time at Amherst. The student body is amazing from top to bottom, which allows classes to move at a very fast pace. Much material is covered, very quickly, each semester. Plenty to do on campus, in town and in the surrounding area, the Pioneer Valley is beautiful.”

21. Bowdoin College — Brunswick, Maine

Bowdoin College

Pat Wellenbach/AP

Acceptance rate: 10%

Undergraduate students: 1,828

Net cost of tuition: $24,831

Most popular majors: Political Science and Government, Economics, Mathematics

Median annual earnings six years after graduation: $65,500

According to a student: “So glad I chose to come to Bowdoin! A very close community where people treat each other with kindness and are excited to learn from their peers. Quality of life is great, with great dorms, food, and the surrounding area. Classes are challenging but there is very little competitiveness and lots of support for students academically. For a small liberal arts school, there is a very healthy and fun social life.”

20. Cornell University — Ithaca, New York

cornell university

Lewis Liu/Shutterstock

Acceptance rate: 11%

Undergraduate students: 15,182

Net cost of tuition: $28,890

Most popular majors: Biology, Computer Science, Business

Median annual earnings six years after graduation: $77,200

According to a student: “Cornell has such a great and welcoming community. The campus is absolutely beautiful, from the antique buildings to the nature surrounding them.”

19. University of Southern California — Los Angeles, California

usc

AP

Acceptance rate: 13%

Undergraduate students: 19,907

Net cost of tuition: $36,161

Most popular majors: Business, Communications, Biology

Median annual earnings six years after graduation: $74,000

According to a student: “There are many resources available before and after graduation. The professors all care about the students and the students are all helpful to each other as well. The connections are unmatched by any other school. Even after you graduate, the networking is unparalleled.”

18. University of Chicago — Chicago, Illinois

university of chicago

Natalia Bratslavsky/Shutterstock

Acceptance rate: 7%

Undergraduate students: 6,632

Net cost of tuition: $33,003

Most popular majors: Economics, Mathematics, Biology

Median annual earnings six years after graduation: $68,100

According to a student: “A great experience! Definitely rigorous and not for the faint of heart. Academically excellent, fantastic research opportunities, diverse, professors are amazing. I participate in varsity sports and it’s a great community.”

17. University of Notre Dame — Notre Dame, Indiana

university of notre dame

Jonathan Weiss/Shutterstock

Acceptance rate: 18%

Undergraduate students: 8,617

Net cost of tuition: $30,229

Most popular majors: Finance, Economics, Mechanical Engineering

Median annual earnings six years after graduation: $78,400

According to a student: “Notre Dame has the academic rigor and challenging discourse of a top US university. What surprised me instead is the kindness and understanding among the students and faculty I encountered during my first year; I wouldn’t have expected such a competitive environment to foster such charity in its community.”

16. California Institute of Technology — Pasadena, California

California Institute of Technology

Facebook/California Institute of Technology – Caltech

Acceptance rate: 7%

Undergraduate students: 948

Net cost of tuition: $26,361

Most popular majors: Computer Science, Physics, Electrical Engineering

Median annual earnings six years after graduation: $85,900

According to a student: “The best school in the country, period. Great research opportunities, faculty and resources make up Caltech. But it is the incredible people around that make it such a worthwhile experience.”

15. Dartmouth College — Hanover, New Hampshire

dartmouth college

Dan Lewis/Shutterstock

Acceptance rate: 9%

Undergraduate students: 4,418

Net cost of tuition: $23,394

Most popular majors: Economics, Political Science and Government, Computer Science

Median annual earnings six years after graduation: $75,500

According to a student: “I think in the end, I look back and love the time I’ve spent at this school, because I’ve grown so much as a person compared to when I first got here: emotionally, socially, and academically. The school has given me many gifts of friendship and maturity, along with many challenges in the classroom and lab that have made me think about myself and my future goals.”

14. Washington University in St. Louis — Saint Louis, Missouri

washington university st louis

Evan Meyer/Shutterstock

Acceptance rate: 15%

Undergraduate students: 7,751

Net cost of tuition: $27,931

Most popular majors: Finance, Computer Science, Research and Experimental Psychology

Median annual earnings six years after graduation: $70,100

According to a student: “WashU is an amazing school full of kind people and staff that truly want you to succeed. There are so many resources to help students in any area, and campus has a friendly atmosphere rather than a competitive one. Campus is so beautiful and dorms are some of the best in the country.”

13. Pomona College — Claremont, California

Pomona College

Wikimedia Commons

Acceptance rate: 8%

Undergraduate students: 1,573

Net cost of tuition: $16,988

Most popular majors: Economics, Mathematics, Computer Science

Median annual earnings six years after graduation: $58,100

According to a student: “I had a great time at Pomona. The class sizes were small so I was able to build close relationships with my professors. Professors were generally available and happy to talk to students during office hours about the lectures as well as life in general. I also loved being surrounded by brilliant peers who inspired and pushed me during my time at Pomona.”

12. Vanderbilt University — Nashville, Tennessee

Vanderbilt University Campus

Via Wikimedia Commons

Acceptance rate: 10%

Undergraduate students: 6,861

Net cost of tuition: $23,596

Most popular majors: Economics, Liberal Arts and Humanities, Social Science Research Methods

Median annual earnings six years after graduation: $69,000

According to a student: “Vanderbilt is full of bright kids, and everyone is insanely welcoming. This is truly a community-based university, with everyone trying to help out the underclassmen, and the professors always being receptive.”

11. Northwestern University — Evanston, Illinois

Northwestern University

University Hall, built in 1869, is the second building constructed at Northwestern University and the oldest building still standing. Wikimedia Commons

Acceptance rate: 8%

Undergraduate students: 8,642

Net cost of tuition: $27,540

Most popular majors: Economics, Psychology, Journalism

Median annual earnings six years after graduation: $69,000

According to a student: “Northwestern University taught me an incredible amount about myself as a person through its academic rigor. I was honored to work alongside and with very talented and gifted peers and professors who challenged me and made me a better student and young adult.”

10. Rice University — Houston, Texas

rice university

cheng/Shutterstock

Acceptance rate: 11%

Undergraduate students: 3,992

Net cost of tuition: $23,202

Most popular majors: Economics, Information Science, Chemical Engineering

Median annual earnings six years after graduation: $65,400

According to a student: “Rice gives you so many opportunities to challenge the way you think, approach, and solve different issues in society. Whether you are a STEM major or a humanities major, there are lots of interdisciplinary classes/organizations so that you are able to view things from different perspectives.”

9. University of Pennsylvania — Philadelphia, Pennsylvania

University of Pennsylvania

Wikimedia Commons

Acceptance rate: 8%

Undergraduate students: 11,851

Net cost of tuition: $26,266

Most popular majors: Finance, Economics, Nursing

Median annual earnings six years after graduation: $85,900

According to a student: “I love the history of the university and the diversity of the education. One of my favorite things is being able to easily take classes from all four undergraduate schools and be able to interact with students from all different interests and backgrounds.”

8. Columbia University — New York, NY

columbia university

LENS-68/Shutterstock

Acceptance rate: 6%

Undergraduate students: 8,216

Net cost of tuition: $21,220

Most popular majors: Economics, Computer Science, Political Science and Government

Median annual earnings six years after graduation: $83,300

According to a student: “For the past two semesters, my experience has been nothing but eye-opening. I came in as a transfer student from Bronx Community College and the transition into a 4-year top-tier college was incredible. Columbia is a type of environment with an air of excellence which elevated my mindset into knowing that I am cut out to succeed.”

7. Brown University — Providence, Rhode Island

Brown University

Tupungato/Shutterstock

Acceptance rate: 8%

Undergraduate students: 7,043

Net cost of tuition: $27,238

Most popular majors: Computer Science, Economics,  Biology

Median annual earnings six years after graduation: $67,500

According to a student: “Brown is more than just an elite institution, it’s a community of people who are all so amazingly brilliant in their own unique ways and I often catch myself surprised by how impressive everyone is.”

6. Duke University — Durham, North Carolina

duke university

Chadarat Saibhut/Shutterstock

Acceptance rate: 9%

Undergraduate students: 6,682

Net cost of tuition: $19,785

Most popular majors: Computer Science, Economics, Public Policy Analysis

Median annual earnings six years after graduation: $84,400

According to a student: “Duke is an amazing place to live, eat, learn, and cultivate who you want to be when you grow up (as cliché as that sounds). I was a student-athlete, and my experience with the student body and professors could not have been better. I love having all the support in the world from people in the Duke community.”

5. Princeton University — Princeton, New Jersey

princeton university

Jay Yuan/Shutterstock

Acceptance rate: 5%

Undergraduate students: 5,428

Net cost of tuition: $16,192

Most popular majors: Computer Hardware Engineering, Economics, Public Policy Analysis

Median annual earnings six years after graduation: $74,700

According to a student: “Having just completed my first year as an undergrad, I can truly say that attending this university is the best choice I’ve ever made. Not only are the professors incredible and the resources abundant, but I’ve made an incredible network of close friends. And, as a low-income student, I have never wanted for anything due to Princeton’s generous financial aid.”

4. Harvard University — Cambridge, Massachusetts

FILE - In this Dec. 13, 2018, file photo, a gate opens to the Harvard University campus in Cambridge, Mass. The Ivy League university announced Monday, June 17, 2019, that it would revoke an admission offer to a survivor of the Parkland high school massacre because of racist social media posts. The decision serves as a reminder to aspiring college students and all young people that their online comments, even those considered private, can resurface and be used against them. (AP Photo/Charles Krupa, File)

FILE – In this Dec. 13, 2018, file photo, a gate opens to the Harvard University campus in Cambridge, Mass. The Ivy League university announced Monday, June 17, 2019, that it would revoke an admission offer to a survivor of the Parkland high school massacre because of racist social media posts. The decision serves as a reminder to aspiring college students and all young people that their online comments, even those considered private, can resurface and be used against them. (AP Photo/Charles Krupa, File) Associated Press

Acceptance rate: 5%

Undergraduate students: 9,950

Net cost of tuition: $17,590

Most popular majors: Economics, Computer Science, Political Science, and Government

Median annual earnings six years after graduation: $89,700

According to a student: “Harvard was an incredible experience unlike any other. I instantly felt connected as a global citizen like never before, meeting some of the most intelligent and unique people I am likely to come across in my life. The institution prides itself on maintaining high standards, and one leaves its gates understanding not ‘what’ to think but ‘how’ to think — the most valuable skill set of all.”

3. Yale University — New Haven, CT

Yale students

Yana Paskova/Stringer/Getty

Acceptance rate: 6%

Undergraduate students: 5,964

Net cost of tuition: $18,748

Most popular majors: Economics, History, Political Science, and Government

Median annual earnings six years after graduation: $83,200

According to a student: “An amazing school with so many different positive qualities about it! There’s also a lot of balance — Greek life doesn’t dominate but it’s still there and pretty open to most people. Academics are challenging/rigorous but so captivating that you’re motivated to work hard. There is a variety of social, political, economic, religious views represented on campus and yet almost everyone is respectful and open about getting to know about why you think the way you do. To cut a long story short — best college in the world, and I couldn’t be happier.”

2. Stanford University — Stanford, California

stanford graduate school of business

Stanford University. Hotaik Sung/Getty

Acceptance rate: 4%

Undergraduate students: 7,087

Net cost of tuition: $17,271

Most popular majors: Computer Science, Biology, Engineering

Median annual earnings six years after graduation: $94,000

According to a student: “Stanford is the greatest place on earth. I feel so at home here and love everything about the campus and life here. The weather is amazing (no snow! or freezing temperatures), people are happier than many other schools, and you have the freedom and flexibility to study anything and switch your major around.”

1. Massachusetts Institute of Technology — Cambridge, MA

MIT

Massachusetts Institute of Technology students play football outside the Maclaurin building October 10, 2003 in Cambridge, Massachusetts. William B. Plowman/Getty Images

Acceptance rate: 7%

Undergraduate students: 4,602

Net cost of tuition: $18,971

Most popular majors: Computer Science, Mechanical Engineering, Mathematics

Median annual earnings six years after graduation: $104,700

According to a student: “MIT is an outstanding university with numerous and diverse opportunities in research and academics. Classes at MIT are indeed difficult, with homework and associated studying consuming a large chunk of time. The beauty of this is that it pushes students to go above and beyond their previous understanding of what they believed themselves to be capable of.”

Source: https://www.businessinsider.com/ranking-the-best-colleges-in-america-2019-8

Business Insider

AutoNation Board Raises Share Repurchase Authorization – Quick Facts

Avatar

Published

on

(RTTNews) – AutoNation, Inc. (AN) announced that its Board of Directors increased the company’s outstanding share repurchase authorization to an aggregate of $500 million. As of October 19, 2020, the company had approximately 87.9 million shares outstanding.

AutoNation said it continues to prioritize capital expenditures towards opportunities with the greatest return potential. The company plans to build over 100 AutoNation USA pre-owned vehicle stores, with over 50 completed by the end of 2025. The company plans to open five new AutoNation USA stores by the end of 2021.

Source: https://markets.businessinsider.com/news/stocks/autonation-board-raises-share-repurchase-authorization-quick-facts-1029704014

Continue Reading

Business Insider

Conversion Labs Appoints Former White House Physician and U.S. Navy Rear Admiral, Dr. Connie Mariano, to Board of Directors

Avatar

Published

on

NEW YORK, Oct. 21, 2020 (GLOBE NEWSWIRE) — Conversion Labs, Inc. (OTCQB: CVLB), a direct-to-consumer telemedicine and wellness company, has appointed healthcare veteran, Dr. Connie Mariano, to its board of directors. Following her appointment, the board will have eight members, with five serving independently. 

Board certified in internal medicine, Dr. Mariano brings 30 years of executive leadership in healthcare to Conversion Labs. She will advise company management on health care services and product development related to the company’s telemedicine brands, including Rex MD™, Shapiro MD™, SOS Rx™, Veritas MD™ and others under development.

Dr. Mariano has been a pioneer in breaking down barriers and shattering glass ceilings, including becoming the first Filipino American promoted to the rank of U.S. Navy Rear Admiral and the first military woman to be appointed White House Physician. She later became director of the White House Medical Unit and served for nine years at the White House as physician to three sitting presidents.

“A phenomenal healthcare leader, Dr. Mariano brings to our board extensive knowledge and experience in providing the best in quality health care,” noted Justin Schreiber, chairman and CEO of Conversion Labs. “Her background in internal medicine and concierge care represents a valuable addition to our board. We look forward to her insights and guidance as we continue to enhance and expand our telehealth platform.”

After leaving the White House, Dr. Mariano became a consultant in the executive health program at the Mayo Clinic in Scottsdale, Arizona, where she provided holistic health evaluations for senior executives. She later founded the Center for Executive Medicine, a concierge medical practice that provides ‘presidential-quality’ care to CEOs and their families.

She earned her bachelor’s degree with honors from Revelle College at the University of California, San Diego. She received her medical degree from the Uniformed Services University School of Medicine in Bethesda, Maryland, where she was commissioned as a U.S. Navy lieutenant upon graduation.

“Conversion Labs has earned a strong reputation of delivering quality, cutting-edge telehealth products and services, which is evident in its strong customer growth over the past year,” commented Dr. Mariano. “There is a growing need for telemedicine services in today’s post-COVID world, and I believe Conversion Labs is uniquely positioned to address this need. I look forward to contributing my knowledge and experience to support Conversion Labs’ growth in this very important field.”

Conversion Labs has seen an acceleration in its operational and financial performance since the beginning of the year. The company recently reported its annualized revenue run rate hit $46.8 million versus $12.5 million for all of 2019 — a more than three-fold increase.

About Conversion Labs
Conversion Labs, Inc. is a telemedicine company with a portfolio of online direct-to-consumer brands. The company’s brands combine virtual medical treatment with prescription medications and unique over-the-counter products. Its network of licensed physicians offers telemedicine services and direct-to-consumer pharmacy to consumers across the U.S. To learn more, visit Conversionlabs.com.

Important Cautions Regarding Forward-Looking Statements
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things our plans, strategies and prospects — both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as “believe,” “expect,” “anticipate,” “should,” “planned,” “will,” “may,” “intend,” “estimated,” and “potential,” among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to Conversion Labs, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

Trademarks are the property of their respective owners.

Company Contact
Conversion Labs
Juan Manuel Piñeiro Dagnery
CFO
Email Contact

Media and Investor Relations Contact
Ron Both or Grant Stude
CMA Investor Relations
Tel (949) 432-7566
Email Contact

Source: https://markets.businessinsider.com/news/stocks/conversion-labs-appoints-former-white-house-physician-and-u-s-navy-rear-admiral-dr-connie-mariano-to-board-of-directors-1029704012

Continue Reading

Business Insider

Mehiläinen Yhtiöt Oy supplements the tender offer document dated 8 January 2020 regarding the public cash tender offer for all shares in Pihlajalinna Plc

Avatar

Published

on

THIS STOCK EXCHANGE RELEASE MAY NOT BE RELEASED, PUBLISHED OR OTHERWISE DISTRIBUTED, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, NEW ZEALAND, OR SOUTH AFRICA, OR ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW. FOR FURTHER INFORMATION, PLEASE SEE SECTION ENTITLED “IMPORTANT INFORMATION” BELOW.

HELSINKI, Oct. 21, 2020 /PRNewswire/ — Mehiläinen Yhtiöt Oy (“Mehiläinen” or the “Offeror“) and Pihlajalinna Plc (“Pihlajalinna“) announced on 5 November 2019 that they had entered into a combination agreement pursuant to which Mehiläinen undertook to make a voluntary recommended public cash tender offer for all issued and outstanding shares in Pihlajalinna (the “Tender Offer“). The acceptance period under the Tender Offer (the “Offer Period“) commenced on 9 January 2020 at 9:30 a.m. (Finnish time) and will expire on 20 November 2020 at 4:00 p.m. (Finnish time), unless extended further or discontinued in accordance with, and subject to, the terms and conditions of the Tender Offer and applicable laws and regulations.

The Finnish Financial Supervisory Authority has today approved a supplement to the tender offer document, dated 8 January 2020, concerning the Tender Offer (the “Tender Offer Document“, and such supplement hereinafter the “Supplement Document“). The Supplement Document relates to the Offeror’s decision published by the Offeror on 15 October 2020 to extend the Offer Period to expire on 20 November 2020 at 4:00 p.m. (Finnish time). The Supplement Document and the stock exchange release published by the Offeror on 15 October 2020 are attached as Appendix 1 to this stock exchange release. In addition, the stock exchange release published by the Offeror on 15 October 2020 has been included as Appendix L to the Tender Offer Document.

The Tender Offer Document and the Supplement Document will be available in Finnish from 21 October 2020 onwards at the headquarters of Mehiläinen, Pohjoinen Hesperiankatu 17 C, 6th floor, FI-00260 Helsinki, Finland, the headquarters of Nordea Bank Abp, Satamaradankatu 5, FI-00020 Nordea, Finland and at Nasdaq Helsinki, Fabianinkatu 14, FI-00100 Helsinki, Finland. The electronic versions of the Tender Offer Document and the Supplement Document will be available in Finnish from 21 October 2020 onwards online at ostotarjous.mehilainen.fi, investors.pihlajalinna.fi/public-tender-offer and nordea.fi/osakkeet, and in English from 21 October 2020 onwards online at ostotarjous.mehilainen.fi, investors.pihlajalinna.fi/public-tender-offer.aspx?sc_lang=en and nordea.fi/equities.

Contacts for media and investor inquiries:

Mehiläinen

Janne-Olli Järvenpää, CEO of Mehiläinen

Requests for contacts through Mehiläinen’s communications:

Manager Laura Martinsuo
tel. +358 40 196 2892
Laura.martinsuo@mehilainen.fi

Pihlajalinna

Joni Aaltonen, CEO of Pihlajalinna Plc
Requests for contacts through Pihlajalinna’s communications:
Communications manager Taina Lehtomäki
tel. +358 50 451 3678
taina.lehtomaki@pihlajalinna.fi

Mehiläinen in brief:

Now 110 years old, Mehiläinen is a rapidly developing and growing private provider of healthcare and social care services, offering comprehensive high-quality services to private, corporate, municipal and insurance customers. Mehiläinen provides help, support and care for approximately 1.3 million customers every year across Finland. In 2019, our revenue was EUR 1064.1 million and our customers were cared for by more than 21,800 employees and private practitioners at over 500 locations. In all of its business areas, Mehiläinen invests in high-quality health care with an impact and develops and exports Finnish digital healthcare know-how across the world as a forerunner in its field.

Pihlajalinna in brief:

Pihlajalinna is one of the leading private providers of social, healthcare and well-being services in Finland. The company provides services for households, companies, insurance companies and public sector entities, such as municipalities, federations of municipalities and hospital districts. Listed on the official list of Nasdaq Helsinki since 2015, Pihlajalinna’s reported revenue was EUR 518.6 million in 2019. Pihlajalinna’s nearly 6,000 employees and approximately 1,200 private practitioners produce services in over 210 locations across Finland.

IMPORTANT INFORMATION

THIS STOCK EXCHANGE RELEASE MAY NOT BE RELEASED, PUBLISHED OR OTHERWISE DISTRIBUTED, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, NEW ZEALAND, OR SOUTH AFRICA, OR ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW.

THIS STOCK EXCHANGE RELEASE IS NOT A TENDER OFFER DOCUMENT AND AS SUCH DOES NOT CONSTITUTE AN OFFER OR INVITATION TO MAKE A SALES OFFER. IN PARTICULAR, THIS STOCK EXCHANGE RELEASE IS NOT AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES DESCRIBED HEREIN, AND IS NOT AN EXTENSION OF THE TENDER OFFER, IN, AUSTRALIA, CANADA, HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, NEW ZEALAND, OR SOUTH AFRICA. INVESTORS SHALL ACCEPT THE TENDER OFFER FOR THE SHARES ONLY ON THE BASIS OF THE INFORMATION PROVIDED IN A TENDER OFFER DOCUMENT. THE TENDER OFFER IS NOT BEING MADE, AND THE SHARES WILL NOT BE ACCEPTED FOR PURCHASE FROM OR ON BEHALF OF PERSONS, DIRECTLY OR INDIRECTLY IN ANY JURISDICTION WHERE EITHER AN OFFER OR ACCEPTANCE THEREOF IS PROHIBITED BY APPLICABLE LAW OR WHERE ANY TENDER OFFER DOCUMENT OR REGISTRATION OR OTHER REQUIREMENTS WOULD APPLY IN ADDITION TO THOSE UNDERTAKEN IN FINLAND.

THE TENDER OFFER IS NOT BEING MADE DIRECTLY OR INDIRECTLY IN ANY JURISDICTION WHERE PROHIBITED BY APPLICABLE LAW, AND THE TENDER OFFER DOCUMENT AND RELATED ACCEPTANCE FORMS AND SUPPLEMENT DOCUMENTS WILL NOT AND MAY NOT BE DISTRIBUTED, FORWARDED OR TRANSMITTED INTO OR FROM ANY JURISDICTION WHERE PROHIBITED BY APPLICABLE LAWS OR REGULATIONS. IN PARTICULAR, THE TENDER OFFER IS NOT BEING MADE, DIRECTLY OR INDIRECTLY, BY ANY MEANS OR INSTRUMENTALITY (INCLUDING WITHOUT LIMITATION E-MAIL, POST, FACSIMILE TRANSMISSION, TELEX, TELEPHONE OR ELECTRONIC TRANSMISSION BY WAY OF THE INTERNET OR OTHERWISE), IN OR INTO, OR BY USE OF THE POSTAL SERVICE OF, OR THROUGH ANY FACILITIES OF A NATIONAL SECURITIES EXCHANGE OF, AUSTRALIA, CANADA, HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, NEW ZEALAND, OR SOUTH AFRICA. THE TENDER OFFER CANNOT BE ACCEPTED, DIRECTLY OR INDIRECTLY, BY ANY SUCH USE, MEANS OR INSTRUMENTALITY OR FROM WITHIN, AUSTRALIA, CANADA, HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, NEW ZEALAND, OR SOUTH AFRICA. ANY PURPOTED ACCEPTANCE OF THE TENDER OFFER RESULTING DIRECTLY OR INDIRECTLY FROM A VIOLATION OF THESE RESTRICTIONS WILL BE INVALID.

THIS STOCK EXCHANGE RELEASE OR ANY OTHER DOCUMENT OR MATERIALS RELATING TO THE TENDER OFFER IS NOT BEING MADE AND HAVE NOT BEEN APPROVED BY AN AUTHORISED PERSON FOR THE PURPOSES OF SECTION 21 OF THE UK FINANCIAL SERVICES AND MARKETS ACT 2000 (THE “FSMA“). ACCORDINGLY, THIS STOCK EXCHANGE RELEASE OR ANY OTHER DOCUMENT OR MATERIALS RELATING TO THE TENDER OFFER ARE NOT BEING DISTRIBUTED TO, AND MUST NOT BE PASSED ON TO, THE GENERAL PUBLIC IN THE UNITED KINGDOM. THE COMMUNICATION OF THIS STOCK EXCHANGE RELEASE OR ANY OTHER DOCUMENT OR MATERIALS RELATING TO THE TENDER OFFER IS EXEMPT FROM THE RESTRICTION ON FINANCIAL PROMOTIONS UNDER SECTION 21 OF THE FSMA ON THE BASIS THAT IT IS A COMMUNICATION BY OR ON BEHALF OF A BODY CORPORATE WHICH RELATES TO A TRANSACTION TO ACQUIRE DAY TO DAY CONTROL OF THE AFFAIRS OF A BODY CORPORATE; OR TO ACQUIRE 50 PER CENT. OR MORE OF THE VOTING SHARES IN A BODY CORPORATE, WITHIN ARTICLE 62 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005.

Information to shareholders in the United States

Shareholders in the United States are advised that the shares in Pihlajalinna are not listed on a U.S. securities exchange and that Pihlajalinna is not subject to the periodic reporting requirements of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act“), and is not required to, and does not, file any reports with the U.S. Securities and Exchange Commission (the “SEC“) thereunder.

The Tender Offer will be made for the issued and outstanding shares in Pihlajalinna, which is domiciled in Finland, and is subject to Finnish disclosure and procedural requirements. The Tender Offer is made in the United States in compliance with Section 14(e) of the Exchange Act and the applicable rules and regulations promulgated thereunder, including Regulation 14E (in each case, subject to any exemptions or relief therefrom, if applicable) and otherwise in accordance with the disclosure and procedural requirements of Finnish law, including with respect to the Tender Offer timetable, settlement procedures, withdrawal, waiver of conditions and timing of payments, which are different from those of the United States. In particular, the financial information included in this stock exchange release has been prepared in accordance with applicable accounting standards in Finland, which may not be comparable to the financial statements or financial information of U.S. companies. The Tender Offer is made to Pihlajalinna’s shareholders resident in the United States on the same terms and conditions as those made to all other shareholders of Pihlajalinna to whom an offer is made. Any information documents, including this stock exchange release, are being disseminated to U.S. shareholders on a basis comparable to the method that such documents are provided to Pihlajalinna’s other shareholders.

To the extent permissible under applicable law or regulations, including Rule 14e-5 under the Exchange Act, Mehiläinen and its affiliates or its brokers and its brokers’ affiliates (acting as agents for Mehiläinen or its affiliates, as applicable) may from time to time and during the pendency of the Tender Offer, and other than pursuant to the Tender Offer and combination, directly or indirectly, purchase or arrange to purchase, the shares in Pihlajalinna or any securities that are convertible into, exchangeable for or exercisable for such shares. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. To the extent information about such purchases or arrangements to purchase is made public in Finland, such information will be disclosed by means of a press release or other means reasonably calculated to inform U.S. shareholders of Pihlajalinna of such information. In addition, the financial advisers to Mehiläinen may also engage in ordinary course trading activities in securities of Pihlajalinna, which may include purchases or arrangements to purchase such securities. To the extent required in Finland, any information about such purchases will be made public in Finland in the manner required by Finnish law.

Neither the SEC nor any U.S. state securities commission has approved or disapproved the Tender Offer, passed upon the merits or fairness of the Tender Offer, or passed any comment upon the adequacy, accuracy or completeness of the disclosure in this stock exchange release. Any representation to the contrary is a criminal offence in the United States.

The receipt of cash pursuant to the Tender Offer by a U.S. holder of shares in Pihlajalinna may be a taxable transaction for U.S. federal income tax purposes and under applicable U.S. state and local, as well as foreign and other, tax laws. Each holder of shares in Pihlajalinna is urged to consult its independent professional adviser immediately regarding the tax consequences of accepting the Tender Offer.

It may be difficult for Pihlajalinna’s shareholders to enforce their rights and any claims they may have arising under the U.S. federal securities laws, since Mehiläinen and Pihlajalinna are located in non-U.S. jurisdictions, and some or all of their respective officers and directors may be residents of non-U.S. jurisdictions. Pihlajalinna’s shareholders may not be able to sue Mehiläinen or Pihlajalinna or their respective officers or directors in a non-U.S. court for violations of the U.S. federal securities laws. It may be difficult to compel Mehiläinen and Pihlajalinna and their respective affiliates to subject themselves to a U.S. court’s judgment.

Forward-looking statements

This stock exchange release contains statements that, to the extent they are not historical facts, constitute “forward-looking statements”. Forward-looking statements include statements concerning plans, expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, competitive strengths and weaknesses, plans or goals relating to financial position, future operations and development, business strategy and the trends in the industries and the political and legal environment and other information that is not historical information. In some instances, they can be identified by the use of forward-looking terminology, including the terms “believes”, “intends”, “may”, “will” or “should” or, in each case, their negative or variations on comparable terminology. By their very nature, forward-looking statements involve inherent risks, uncertainties and assumptions, both general and specific, and risks exist that the predictions, forecasts, projections and other forward-looking statements will not be achieved. Given these risks, uncertainties and assumptions, investors are cautioned not to place undue reliance on such forward-looking statements. Any forward-looking statements contained herein speak only as at the date of this stock exchange release.

Appendix 1 Supplement Document and the stock exchange release published by the Offeror on 15 October 2020

This information was brought to you by Cision https://news.cision.com

The following files are available for download:

https://mb.cision.com/Public/14605/3220021/9bf5b2a139e0555b.pdf

Supplement Document 21 October 2020

Source: https://markets.businessinsider.com/news/stocks/mehilaeinen-yhtioet-oy-supplements-the-tender-offer-document-dated-8-january-2020-regarding-the-public-cash-tender-offer-for-all-shares-in-pihlajalinna-plc-1029704037

Continue Reading
Energy3 hours ago

Sunoco LP Maintains Quarterly Distribution

Energy3 hours ago

CVG Announces Third Quarter 2020 Conference Call

AR/VR6 hours ago

What the VR is Going on at Facebook? Accounts, Store Content and the Splits

Cannabis9 hours ago

Jay-Z announces new line of cannabis products dubbed Monogram

Energy9 hours ago

The Rockefeller Foundation commits USD1 billion to catalyze a green recovery from pandemic

Energy10 hours ago

PJM Named a Top Adoption-Friendly Company in the United States for 14th Consecutive Year

Blockchain10 hours ago

Top 10 Blockchain-as-a-Service (BaaS) Providers

Energy10 hours ago

Defining Value in Supplier Selection: An NSK Perspective

AR/VR10 hours ago

LBE VR: Past, Present and Post Civid Future

Blockchain News10 hours ago

Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering

Energy10 hours ago

ReneSola Power and Novergy to Form Joint Venture to Develop Solar Projects in the UK

Energy10 hours ago

S&P Global Platts Announces Finalists for ‘Leadership in Energy Transition Award’

Blockchain10 hours ago

Founder´s Packs now available for the first AAA blockchain game BLANKOS BLOCK PARTY

Blockchain News11 hours ago

Kevin Hart Jokingly Calls Crypto “Voodoo Money” While Kanye West Takes Bitcoin Seriously on Joe Rogan’s Podcast

AR/VR11 hours ago

Lenovo to Sell Varjo’s Enterprise VR Headsets

AR/VR12 hours ago

The Virtual Arena: The Ascendance of Arena-Scale Entertainment – Part 2

Energy13 hours ago

ICL Agrees to Acquire Fertiláqua, a Leading Brazilian Specialty Plant Nutrition Company

Fintech13 hours ago

How these fintech partnerships are shaking up finance

Esports13 hours ago

Four key storylines of BLAST Premier Fall Series

Energy13 hours ago

FMC Corporation Announces New Executive Role, Vice President and Chief Sustainability Officer, and Elects New Vice President of Procurement and Global Facilities

Blockchain News13 hours ago

Ant Group Chairman Eric Jing: Blockchain Will be the New Standard of the Future Financial Infrastructure

Payments14 hours ago

Cross border payments part 1: the competition is really, really old 

Energy14 hours ago

Decarbonization Plus Acquisition Corporation Completes Initial Public Offering

Energy14 hours ago

SESCO Lighting Announces new CEO

Esports14 hours ago

Discussing roster changes, recent tournaments, and NA teams in Europe on HLTV Confirmed S5E12 with smooya

Energy14 hours ago

Humic-based Biostimulants Market worth $848 million by 2025 – Exclusive Report by MarketsandMarkets™

Fintech14 hours ago

The Carlyle Group to acquire Calastone

Biotechnology15 hours ago

Tyler Jacks, founding director of MIT’s Koch Institute, to step down

Esports15 hours ago

How to Shiny Hunt in Dynamax Adventures in Pokémon Sword and Shield’s The Crown Tundra expansion

Esports16 hours ago

March joins T1’s Dota 2 roster as head coach

Cyber Security16 hours ago

Huobi expands fiat gateway to support AUD, GBP and EUR through Banxa

Crowdfunding16 hours ago

P2P Lending Platform SeedIn Rebrands to BRDGE, Plans Expansion Into Indonesia

Aviation16 hours ago

Malaysia Airlines Operates More Than 200 Rescue and Repatriation Flights During RMCO, CMCO

Energy16 hours ago

Water Treatment Chemicals Market to Surpass $85,341.8 Million Revenue by 2030: P&S Intelligence

Energy16 hours ago

Daqo New Energy Announces ADS Ratio Change and Further Amendment and Restatement to Deposit Agreement

Esports17 hours ago

How to Shiny Hunt the Regis in Pokémon Sword and Shield’s The Crown Tundra expansion

Energy17 hours ago

Third party tests confirm HYZON Motors’ new liquid-cooled fuel cell stack leads the world in power density

Energy17 hours ago

Polyethylene Furanoate Films Market Size Worth $800.9 Thousand By 2035: Grand View Research, Inc.

Energy17 hours ago

Elkem signs MoU with FREYR for supply of battery materials

Aviation17 hours ago

Air Canada Adding Doha To Its Route Network With A Boeing 787-9

Trending