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Lluís Companys Lluís Companys i Jover (Catalan pronunciation: [ʎuˈis kumˈpaɲs]; 21 June 1882 – 15 October 1940) was a Spanish politician from Catalonia who served as president of Catalonia from 1934 and during the Spanish Civil War.\nCompanys was a lawyer close to labour movement and one of the most prominent leaders of the Republican Left of Catalonia (ERC) political party, founded in 1931.
Passeig de Lluís Companys, Barcelona Passeig de Lluís Companys (Catalan pronunciation: [pəˈsɛdʒ də ʎuˈis kumˈpaɲs]) is a promenade in the Ciutat Vella and Eixample districts of Barcelona, Catalonia, Spain, and can be seen as an extension of Passeig de Sant Joan. It was named after President Lluís Companys, who was executed in 1940.
Company A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals.
Companys, procés a Catalunya Companys, procés a Catalunya (Spanish: Companys, proceso a Cataluña) is a 1979 Spanish Catalan drama film directed by Josep Maria Forn, based on the last months of the life of the President of Catalonia, Lluís Companys, in which he shows his detention by the Nazis and his subsequent execution by the Spanish Francoists. It competed in the Un Certain Regard section at the 1979 Cannes Film Festival.
Conxita Julià Conxita Julià i Farrés (Catalan pronunciation: [kuɲˈʃitə ʒuliˈa j fəˈres]; 11 June 1920 – 9 January 2019), also known as Conxita de Carrasco, was a Catalan woman noted for her dealings with Lluís Companys, President of Catalonia, in the 1930s, and for her poetry. Julià died in January 2019 at the age of 98.
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Operation Mincemeat Operation Mincemeat was a successful British deception operation of the Second World War to disguise the 1943 Allied invasion of Sicily. Two members of British intelligence obtained the body of Glyndwr Michael, a tramp who died from eating rat poison, dressed him as an officer of the Royal Marines and placed personal items on him identifying him as the fictitious Captain (Acting Major) William Martin.
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Emergency operations center An emergency operations center (EOC) is a central command and control facility responsible for carrying out the principles of emergency preparedness and emergency management, or disaster management functions at a strategic level during an emergency, and ensuring the continuity of operation of a company, political subdivision or other organization.\nAn EOC is responsible for strategic direction and operational decisions and does not normally directly control field assets, instead leaving tactical decisions to lower commands.
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Special operations Special operations (S.O.) are military activities conducted, according to NATO, by "specially designated, organized, selected, trained, and equipped forces using unconventional techniques and modes of employment". Special operations may include reconnaissance, unconventional warfare, and counter-terrorism actions, and are typically conducted by small groups of highly-trained personnel, emphasizing sufficiency, stealth, speed, and tactical coordination, commonly known as "special forces".
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Risk Factors
ALBERTSONS INC /DE/ Item 1A Risk Factors
The following are certain risk factors that could affect the Company’s business, results of operations and financial condition
These risk factors should be considered in connection with evaluating the forward-looking statements contained in this Annual Report on Form 10-K because these factors could cause the Company’s actual results or financial condition to differ materially from those projected in the forward-looking statements
Before investing in the Company, investors should know that making such an investment involves some risks, including the risks described below
If any of the following risks occur, the Company’s business, results of operations or financial condition could be negatively affected
The sale of Albertsons to Supervalu, CVS and the Cerberus Group is subject to certain closing conditions that, if not satisfied or waived, will result in the Transactions not being completed, which may cause the market price of Albertsons common stock to decline
The pending sale of Albertsons is subject to customary conditions to closing, including the receipt of required approvals of the shareholders of Albertsons and Supervalu and regulatory approvals
Many of the conditions to the closing of the Transactions are outside of the control of Albertsons
If any condition to the closing of the Transactions is not satisfied or, if permissible, waived, the Transactions will not be completed
If Albertsons does not complete the Transactions, the market price of Albertsons common stock may fluctuate to the extent that the current market price reflects a market assumption that the Transactions will be completed
Albertsons will also be obligated to pay certain investment banking, financing, legal and accounting fees and related expenses in connection with the Transactions, whether or not the Transactions are completed
In addition, Albertsons has expended, and will continue to expend, significant management resources in an effort to complete the Transactions
If the Transactions are not completed, Albertsons will have incurred significant costs, including the diversion of management resources, for which they will have received little or no benefit
Further, Albertsons may be required to pay to Supervalu a termination fee of dlra276 if the merger agreement is terminated under certain specified circumstances
Whether or not the Transactions are completed, the announcement and pendency of the Transactions could cause disruptions in the Company’s business, which could have an adverse effect on its business and financial results
Whether or not the Transactions are completed, the announcement and pendency of the Transactions could cause disruptions in the Company’s business
Specifically: • current and prospective employees may experience uncertainty about their future roles with the Company, which might adversely affect the Company’s ability to retain key managers and other employees; and • the attention of management may be directed toward the completion of the Transactions, rather than toward the execution of existing business plans
The Company faces a high level of competition in the retail food business and the competition the Company encounters may have a negative impact on the prices it may charge for products and the Company’s revenues and profitability
The retail food and drug industries in which the Company competes are extremely competitive
The number and type of competitors vary by location and include: • national, regional and local supermarket chains; • independent and specialty grocers; and • “nontraditional” food stores, such as supercenters, club stores, specialty retailers (such as pet centers and toy stores) and large scale drug retailers
The Company also faces increasing competition from convenience stores, prepared food retailers and Internet and mail-order retailers
The Company’s principal competitors compete primarily on the basis of price, quality of products, product assortment, service and store location
An overall lack of inflation in food prices and increasingly competitive markets have made it difficult generally for grocery store operators to achieve comparable store sales gains
Because sales growth has been difficult to attain, competitors have attempted to maintain market share through increased levels of promotional activities and discount pricing, creating a more difficult 7 _________________________________________________________________ [62]Table of Contents environment in which to consistently increase year-over-year sales
Price-based competition has also, from time to time, adversely affected the Company’s operating margins
The Company faces increased competitive pressure in its markets from existing competitors and from the threatened entry by one or more major new competitors
Some of the Company’s “nontraditional” competitors are not unionized and therefore have lower labor costs, which allows them to take measures that could adversely affect the Company’s competitive position
The Company’s business, financial condition or results of operations could be adversely affected by competitive factors, including product mix and pricing changes that the Company may make in response to competition from existing or new competitors
The Company could experience labor disputes that could disrupt its business
As of February 2, 2006, approximately 52prca of the Company’s employees were represented by unions and covered by collective bargaining or similar agreements that are subject to periodic renegotiations
Although the Company believes that it will successfully negotiate new collective bargaining agreements as agreements expire, these negotiations: • may not prove successful; • may result in a significant increase in the cost of labor; or • may break down and result in the disruption of the Company’s operations
The Company cannot provide assurances that its labor negotiations will conclude successfully or that any work stoppage or labor disturbances will not occur
Any future work stoppages or labor disturbances may have a material adverse effect on the Company’s financial condition and results of operations
The Company is affected by increasing labor costs, which could adversely affect the Company’s business and results of operations
The Company’s labor costs have increased in the past, partially due to increases in the contributions Albertsons is required to make under union-sponsored multiemployer pension plans and health and welfare plans
Contribution amounts are established under collective bargaining agreements, which are up for renewal at varying times over the next several years
If the pension plan and health and welfare plan provisions of certain of these collective bargaining agreements cannot be renegotiated in a manner that reduces the Company’s prospective pension and health and welfare costs as the Company intends, selling, general and administrative expenses could increase, possibly significantly, in the future, which could have a material adverse effect on the Company’s business and results of operation
Additionally, with regard to the multiemployer pension plans under collective bargaining agreements, primarily for defined benefit pension plans, the Internal Revenue Code and related regulations establish minimum funding requirements
If any multiemployer defined benefit pension plan to which the Company makes contributions fails to satisfy these requirements, and the trustees of such plan have not obtained waivers of the minimum funding requirements from the Internal Revenue Service, reduced pension benefits to a level where the requirements are satisfied, or made other adjustments, the Internal Revenue Code imposes an excise tax on all employers participating in the plan to correct the funding deficiency, which would also cause the Company’s selling, general and administrative expenses to increase, and any such increase may be significant
Further, in the event of the Company’s withdrawal from any of the multiemployer defined benefit pension plans, it could incur withdrawal liability under the Employee Retirement Income Security Act of 1974, and any such liability may be significant