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Knight Expands Usa Truck Stake Amid Vow To Pursue Takeover

America’s Cup: Australians to challenge Team USA

(USATSI) Just weeks after announcing his newest venture as a boxing promoter, Mike Tyson is already being accused of trying to coax the best amateur boxers in the US to turn pro as opposed to competing at the 2016 Olympics in Rio de Janeiro, the Associated Press reported. Dr. Charles Butler, the head of USA Boxing, wrote a letter to Tyson insisting that he let some of the country’s most promising boxers develop before signing them to lucrative deals to his recently launched Iron Mike Productions. Butler said that the money Tyson is currently offering to amateurs is pennies on the dollar compared to their potential value should they bring home a medal. Mike, USA Boxing does not have the funds to compete with your offers, Butler wrote. If you have money and would like to assist these young athletes and the sport, you should donate for athlete stipends to support the training of these boxers and help your country regain its prominence on the medal stand. Please do not take them from us. If they win a medal for their country, you can always sign them to professional contracts at that time. At the heart of the matter is Tyson’s goal of signing the most promising teenagers, who also happen to be the US’s best chance at medaling. Tyson’s team recently announced the signing of 18-year-old Erickson Lubin, a two-time Junior Olympic national champion. As the allure of Olympic boxing has faded (Andre Ward was the last American to win gold in 2004), promoters have, understandably, sought to capitalize on the amateur talent pool. Tyson hasn’t commented on the matter.

USA Truck spurned the bid on Sept. 26, saying it substantially undervalues the company. We continue to believe that a combination of Knight and USA Truck is better positioned to deliver value for and is in the best interest of all of Knight and USA Trucks stakeholders, and we are prepared to take the necessary steps to make this combination a reality, Knight said today. Knight made public its offer to buy the Van Buren, Arkansas-based company in a $242 million transaction on Sept. 26, sending USA Truck shares soaring 36 percent, the biggest advance since its initial public offering in 1992. The combination would help allay risk in the short-haul carriers turnaround plan and help reverse eight consecutive quarters of net losses, said Knight, which is based in Phoenix. USA Truck rose 4.3 percent to $8.96 at the close in New York . The shares have more than doubled this year. Knight was little changed at $16.52 and has increased 13 percent this year. Thursdays press release is our comment, USA Truck Chief Financial Officer Clifton Beckham said today by phone, referring to the companys Sept. 26 rebuff of the offer. Nicholas Leasure, a spokesman for Knight, declined to comment beyond the filing. This is not the first offer that USA Truck has turned down. The company rejected a proposal for merger talks from Celadon Group Inc.

Erin attended the 2013 Komen Massachusetts “Race for the Cure” in Boston on Sunday where she encouraged the racers. Before the event she was interviewed by NECN, “As Miss USA, our platform is Breast Cancer and Ovarian Cancer awareness and education,” said Erin during the interview. “The event is going to be held on Sunday, and they are expecting a lot of people to go which is great. It’s beautiful,” added the former Miss Connecticut Erin. More About Miss USA Erin Brady The 25-year-old stunner grew up in East Hampton, Connecticut. Before she won the title of Miss USA, she worked as a financial accountant. At the age of 17, she moved out on her own, to which Erin cited as one of her biggest achievements to date. She loves running, cooking and skiing. As a matter of fact Erin is training for her marathon which is scheduled next year. Erin was the first person in her family to get a college degree. She graduated from Central Connecticut State University in finance and a minor in criminal justice. As Miss USA, Erin will be representing breast and ovarian cancer education, prevention and awareness. She will work with organisations like Susan G. Komen, Gilda’s Club and the National Ovarian Cancer Alliance.

Miss USA Universe 2013 Erin Brady Talks About Breast Cancer

STORY HIGHLIGHTS Australian wine mogul Bob Oatley has announced plans to enter a team in the America’s Cup The vintner filed his challenge to the Golden Gate Yacht Club Oracle Team USA are the defending champions of the elite sailing trophy The Americans fought back to defeat Emirates New Zealand (CNN) — Australian tycoon Bob Oatley is turning from wine to water as he announced his intention to build a team to challenge defending America’s Cup champions Oracle Team USA. The renowned vintner filed his intention to challenge for the 35th edition of sailing’s blue ribbon event Monday. Oatley — a man who is described as “as famous for his wine as he is for sailing” — lodged his intent with San Francisco Golden Gate Yacht Club. The club is classed as the “defender and trustee” of the trophy after its team, owned by American billionaire Larry Ellison, won the 34th America’s Cup last Wednesday. Oracle Team USA staged a magnificent comeback from 8-1 down to sail to a 9-8 win over Emirates New Zealand to claim the oldest trophy in sport. The American boat was packed with an international crew and skippered by Australian Jimmy Spithill. A Comeback for the Ages The sailors who race the America’s Cup Oatley said seeing what the sailors from the southern hemisphere achieved on the waters of San Francisco Bay persuaded him it was the right time to enter an Australian team to challenge Team USA. “Given Australia’s previous success in the America’s Cup, the Admiral’s Cup and Olympic yachting, and as proud Australians, we think it is time for our nation to be back in our sport’s pinnacle event,” Oatley said. “The recently completed America’s Cup in San Francisco has revolutionized the sport for sailors and fans, and we were excited to see how many Australians played key roles on the teams and in the regatta organization.” Oatley lodged his entry through the Hamilton Island Yacht Club. The entrepreneur owns the island off the east coast of Australia and has taken to the waters with great success, seeing his crews win the Admiral’s Cup and consecutive Sydney to Hobart yacht races. Details on the dates and venue for the next edition of the America’s Cup are due to be published in the first few months of 2014.

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