Category: cdmbeawql

September 4, 2021

Aon to buy Willis Towers Watson for nearly $30bn in insurance mega-deal

first_img“The combination of Willis Towers Watson and Aon is a natural next step in our journey to better serve our clients in the areas of people, risk and capital,” Willis Towers Watson chief executive John Haley said. whatsapp Aon’s financial adviser on the deal is Credit Suisse and its legal advisers are Latham & Watkins, Freshfields Bruckhaus Deringer and Arthur Cox. Willis Towers Watson’s financial adviser is Goldman Sachs and its legal advisers are Weil, Gotshal & Manges, Skadden, Arps, Slate, Meagher & Flom and Matheson. (Photo by Jan Kruger/Getty Images) Also Read: Aon to buy Willis Towers Watson for nearly $30bn in insurance mega-deal The company will be called Aon and will retain its operating headquarters in London. Aon confirmed last year it was in early stage talks with Willis Towers before quickly scrapping the plans, without giving a reason. (Photo by Jan Kruger/Getty Images) Also Read: Aon to buy Willis Towers Watson for nearly $30bn in insurance mega-deal The deal between the two would create a company with a combined value of approximately $80bn. Show Comments ▼ More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale “This combination will create a more innovative platform capable of delivering better outcomes for all stakeholders, including clients, colleagues, partners and investors,” Aon chief executive Greg Case said. The deal terms say Aon will be obliged to pay $1bn to Willis if the deal falls through. whatsapp (Photo by Jan Kruger/Getty Images) Aon said today it had agreed to acquire Willis Towers Watson for nearly $30bn (£22.9bn) in an all-stock deal that will create one of the world’s largest insurance brokers. Aon to buy Willis Towers Watson for nearly $30bn in insurance mega-deal Analysts said at the time that an Aon-Willis deal might have trouble clearing antitrust hurdles. Share Monday 9 March 2020 1:25 pm Upon completion, existing Aon shareholders will own approximately 63 per cent of the combined company and existing Willis Towers Watson shareholders will own approximately 37 per cent. James Booth last_img read more

July 13, 2021

Best of the Brokers for 28 July 2015

first_imgTo appear in Best of the Brokers, email your research to [email protected] GROUPWhitman Howard reiterated its “buy” recommendation on the electrical power generation firm, ahead of its interim results, which are out today. The broker said: “Operationally, the various units are performing well and we still believe that there is good long term value in Drax.”FIRSTGROUPJefferies reiterated its “buy” rating on the transport business, and raised its target price from 118p to 120p. The broker said the company’s market price “already fully factors in targeted margin recovery”. “Upside, then, will require rail franchise wins and debt refinancing,” Jefferies added. Monday 27 July 2015 8:43 pm Share More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Best of the Brokers for 28 July 2015 Show Comments ▼ center_img whatsapp Express KCS by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunComedyAbandoned Submarines Floating Around the WorldComedyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday Newszenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorTheFashionBallAlica Schmidt Is The Most Beautiful Athlete To ExistTheFashionBall whatsapp Tags: NULLlast_img read more

July 4, 2021

Comment / As the US airlines grab bailouts, they dig the final holes in their ‘level playing field’

first_img By Alex Lennane and Alessandro Pasetti 21/05/2020 As US airlines grab their $50bn bailout with both hands, it’s hard not to think back, all the way to, oh, 10 months ago, when the big three were still complaining bitterly about the “funnelling [of] over $50bn in subsidies” by Qatar and the UAE into their carriers.“These state subsidies are destabilising the global airline industry and threatening to undermine our nation’s entire system of trade enforcement,” they said.“Left unchecked, they send a signal that other countries can ignore our trade deals and trample upon our workers without consequences,” they said.“US airlines are not opposed to competition. But what’s happening with the Qatar and UAE airlines is not fair competition,” they said. © Photovscenter_img That statement by American, Delta and United in July, takes on a different hue in the current climate.It is unarguable that state subsidies distort fair competition, but now, with enormous carriers in the US taking vast handouts, much of which will never be repaid, while others go bankrupt and some face severe restructuring, that level playing field has well and truly vanished.So far, globally, airlines have received about $85bn in financial support via a mixture of loans and equity injections. To put that into context, IATA has forecast airline losses of $314bn; Lufthansa has admitted it is losing some €1m an hour.Today’s Loadstar Premium article looks at the bailouts in detail, and points to the experience of the banks and the asset-heavy automotive industry, which also received huge subsidy packages in 2009, to examine what the effect might be on the aviation sector.And it was predicted – and soundly derided – by analyst CAPA in March, which said: “The likely tepid response to the airline crisis will equally be fragmented and nationally based. It will consist mostly of bailing out selected national airlines.“If that is the default position, emerging from the crisis will be like entering a brutal battlefield, littered with casualties.”And that looks to be true. There will be mergers, both sooner and later, and there will be survivors, the biggest and best-supported carriers – but there will also be fatalities in an industry that “reeks of nationalism”.It will not be about survival of the fittest. There was, argued CAPA, “a unique opportunity to reframe the foundations of a global airline industry”.Now, any such initiative would appear to be too late.For more information, go to Loadstar Premium.last_img read more

July 4, 2021

Premium / EXCLUSIVE M&A radar: Mondiale + Visa Global Logistics merger deal

first_img Password* Please either REGISTER or login below to continue Subscription required for Premium stories In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium New Premium subscriber REGISTER By Alessandro Pasetti 24/02/2021 Email* Forgotten your password? Please click here << Go back Please Login Reset Your Password LOGIN The M&A frenzy is alive and well.And just when you may have thought Europe had regained its M&A pride, following this week’s K + N + Apex news, the spotlight turns again to the Far East.To curb your enthusiasm: please take what follows with a pinch of salt, as available details for the parties involved are scant.The latest market talk is that Australia’s Visa Global Logistics, a privately owned logistics firm, today “announced to their staff that they are merging ... Premium subscriber LOGIN Reset Email*last_img read more

June 23, 2021

Criticism of ‘research parasites’ moves NEJM in the wrong direction

first_img To keep science honest, study data must be shared That seemed a bit overwrought, but Drazen walked back from the “parasite” claim Monday, attributing it in a clarifying editorial to “clinical trialists around the world” who “were concerned that data sharing would require them to commit scarce resources with little direct benefit.” Some of those researchers, Drazen wrote, “spoke pejoratively in describing data scientists who analyze the data of others.”advertisement STAT The WatchdogsCriticism of ‘research parasites’ moves NEJM in the wrong direction That’s wrong. With the exception of maintaining patient confidentiality — which isn’t the issue here — sharing data shouldn’t come with any strings. Attaching caveats here is a bit like saying: We’re interested in truth, but only in our truth.And these two cases come on the heels of another widely panned series on conflict of interest in the NEJM that many felt was trying to wind the clock back to a time when we simply ignored ties between industry and clinical medicine. “This is sad,” wrote Roy Poses, president of the Foundation for Integrity and Responsibility in Medicine, “because the journal was once considered the foremost English language scholarly medical journal, but it now seems to be publishing polemics.”Now, we happen to applaud medical journal editors who crusade instead of just publishing clinical trials. But we’d prefer if they pushed medicine and the public health forward, instead of longing for a more tidy but deeply flawed past. No time for stodgy: Crusading editor aims to shake things up in science Related: Related: By Ivan Oransky and Adam Marcus Jan. 26, 2016 Reprints By several measures, the New England Journal of Medicine is the top medical journal in the world. The papers it publishes are cited more often, on average, than papers in any other competitor journal, and by a large margin. It’s on the must-read list for physicians in this country and elsewhere, and researchers consider getting an article into the journal a capstone to their careers.But the NEJM found itself in the midst of an online whirlwind over the past week, as readers wondered aloud on social media why editor-in-chief Dr. Jeffrey Drazen and deputy editor Dr. Dan Longo would refer to scientists requesting access to others’ data as “research parasites.” Some critics pointed out, correctly, that NEJM has the highest rate of retraction of any journal in the world — a fact we think can be explained at least in part by greater scrutiny of its papers by outside scholars — and suggested that perhaps the authors were hoping to avoid more retractions. That exhortation, from Dr. Eric Topol and Dr. Harlan Krumholz, came in a Sept. 18 New York Times op-ed in response to the National Institutes of Health’s refusal to release all of the data from a key blood pressure study that seems likely to change treatment approaches. “Throughout science we are seeing more rapid modes of communication,” they wrote. “The traditional approach was not to publish until everything was finalized and ready to be chiseled in stone. But these sorts of delays are unnecessary with the Internet.”Drazen and colleagues disagreed. They were “surprised by the call from Topol and Krumholz for immediately ‘placing the data on the NIH website,’” they wrote in the NEJM. It’s too important, they wrote, “to give the investigators, on behalf of the study participants, who invested years of their lives in the study, the opportunity to see what led the sponsor to stop the trial and then the opportunity to distill a clinical message from it. There are cogent reasons to follow this approach rather than put trial data in the public domain before those who gathered the data have had a chance to analyze it.” We were just airing the concerns, Drazen now says. But Drazen didn’t do anything to push back on the “research parasites” claim, which is really unfortunate.This case reminds us of another in which he and other editors defended the status quo — that is, slow or nonexistent data-sharing — after two leading cardiologists called for more transparency.advertisement Tags academic publishingdataNew England Journal of Medicinelast_img read more

June 18, 2021

Canadian economy sees record securities inflow in January

first_img Share this article and your comments with peers on social media James Langton Foreign investors piled into Canadian securities in January, while Canadian investors shed their foreign holdings, which combined to produce a record fund inflow to start the year, according to the latest data from Statistics Canada.After dumping more than $20 billion worth of Canadian securities at the end of 2018, foreign investors returned to Canada in January, adding $28.4 billion in Canadian debt and equities. At the same time, Canadian investors sold $8.8 billion of foreign securities, generating a record net inflow of $37.2 billion, StatsCan reported. Facebook LinkedIn Twitter 123RF Provincial bonds get record attention from foreign investors: StatsCan Foreign investors returned in August: StatsCan Foreign direct investment crimped by Covid: StatsCan Related news Foreign buying in January comprised $19.4 billion in bond purchases, and $9.0 billion in equity acquisitions.StatsCan said that on the debt side, investors focused on government debt, mainly federal securities, with foreign buying of federal government bonds reaching a record $12.9 billion in January.Investors also acquired $5.1 billion in money market instruments during the month, but they sold $1.3 billion in corporate bonds.Much of the foreign buying of Canadian stocks was driven by M&A activity, which involved new shares being issued to foreign investors, StatsCan noted. The energy and mining sectors saw most of the foreign acquisitions in January.At the same time, Canadian investors sold foreign equities in January, particularly U.S. stocks, StatsCan reported. It said that Canadian holdings of foreign equities overall dropped by $10.3 billion during the month, which was partially offset by $1.5 billion in foreign debt acquisitions.The foreign bond buying was focused primarily on U.S. corporate bonds, StatsCan noted. Keywords Foreign investment last_img read more

June 17, 2021

Welsh Minister Praises Jamaican-Owned Juice Company

first_imgRelatedWelsh Minister Praises Jamaican-Owned Juice Company RelatedWelsh Minister Praises Jamaican-Owned Juice Company Advertisements Welsh Minister Praises Jamaican-Owned Juice Company UncategorizedApril 28, 2006center_img FacebookTwitterWhatsAppEmail Welsh’s First Minister, Rhodri Morgan, has praised the Jamaican-owned Serious Food Company (formerly Sunjuice), on its expansion programme, which has helped to create jobs in Wales.Based in Llantrisant South Wales, the company, which is a wholly owned subsidiary of Jamaica Producers Group, recently moved into a new headquarters and manufacturing facility, which was opened by Mr. Morgan.The First Minister described Serious Juice as a first-class example of a company that has demonstrated sustained growth from small beginnings. “I personally congratulate the company and its 650-strong workforce for their outstanding contribution to our country’s food and drink sector,” he stated.Company founder Michael Lord, told JIS News that the 19-year-old venture started with the idea of providing squeezed orange juice to the United Kingdom (UK) market, and it has now grown to be one of the UK’s largest suppliers of fresh juices and smoothies, producing some 100 million litres a year.“The idea came while I was working with exotic fruits and vegetables and I met a man who was squeezing and producing orange juice on a small scale and I was selling him Jamaican oranges. I approached Jamaica Producers with the idea and they agreed to the venture in 1986 and we started in 1987. The company now has more than 2,000 customers (retail outlets),” he informed.Mr. Lord told JIS News that a few years ago, the company moved into the fresh, chilled soup sector and was now expanding its new desert range and was also developing its own brands.This move to increase and diversify the range of offerings, he explained, was also behind the decision to change the company’s name from Sunjuice to Serious Food.Serious Juice recently won the World Juice Innovation Award for the second time, and is the only company in the world to have done so. RelatedWelsh Minister Praises Jamaican-Owned Juice Companylast_img read more

June 16, 2021

Businesses and entrepreneurs are changing game for digital health

first_imgBusinesses and entrepreneurs are changing game for digital health To Dr. Louise Schaper, Amazon’s plan to start selling health-care services is a gamechanger.“If you can afford to pay for it great, but what happens to people who can’t pay for private health care?” she asked.At Waterloo’s latest Innovation Summit on the future of health innovation, Schaper’s keynote address emphasized the need to embrace creative and collaborative approaches to make health-care services available to everyone.“In order for us to invent a health-care system that is truly patient centered, truly innovative, one that delivers a higher quality of care … every single health-care organization is going to have to rewrite their business plan,” said Schaper, CEO of Australasian Institute of Digital Health.As the “fourth wave” of digital health continues, society needs to think beyond new technology and seek non-traditional routes between industry and business, alongside shaping government policy that is “pro-innovation, but also pro-patient.” Hosting a “training day” for a new electronic medical records software program for workers isn’t integration. Health-care professionals need to be part of the process from the very beginning, with an emphasis on upskilling the workforce whether it comes to front-line care or the back-end jobs supporting the delivery of care.Hosting a “training day” for a new electronic medical records software program for workers isn’t integration, but rather health-care professionals need to be part of the process from the very beginning, with an emphasis on upskilling the workforce whether it comes to front-line care or the back-end jobs supporting the delivery of care.Watch video on YouTubeCOVID-19 has spurred innovation The COVID-19 crisis has fueled innovation across businesses and industries. It’s placed unparalleled demands on modern health-care systems, with hybrid models are being widely adopted to respond to the crisis. In response, society is seeing businesses, investors, government and health-care provides collaborate in new ways, at an exponential pace. According to industry leaders, these efforts need to keep going.“During the pandemic, we found this huge rush of funding, focus and interest on one particular topic,” said Jun Axup, chief science officer and partner at Indie Bio and a one of three panelists at the Summit. “Both public and private funding, public engagement became the focus bridge to figuring out problems we need to solve. The hope is that this translates to a focus on what’s broken and how the problems can be solved.”Watch video on YouTubeSpeaking from the investor’s side, Jun Axup thinks we should “absolutely take more risks” when it comes to investing in technology that might be the solution out of this pandemic.Brian Lewis, president and CEO, Medtech Canada, added that for more innovation to happen in the area of health technology, the Canadian health-care system budgets needs to remove funding silos and mandate procurement for purchase price minimization. “What needs to happen, is funds need to be put forward and we need to reconfigure the provincial health-care system to look at downstream value of new innovation,” said Lewis. “The system needs to evolve.”Watch video on YouTubeAre we willing to take bolder risks deploying health technologies? To protect us from reverting to old ways after the pandemic, Brian Lewis says it’s important to “keep our awareness up” to allow our health-care systems change for the better.Collaboration is the strategic response to the pandemic While there’s still more work to do, the collaborative efforts across many industries are paying off, even if it means traveling into unfamiliar territory in usually risk-adverse environments.“We are at a very difficult transition right now,” said Catherine Burns, executive director, Health Initiatives and Sponsored Research at the University of Waterloo. She explains that we’re going from a system that is very solid and very risk adverse to an environment where technology has a little more risk. Burns says it becomes a question of trust: how much risk is acceptable?”Watch video on YouTubeRecognizing the new Innovation Arena, located in the City of Kitchener’s Innovation District, Hamdullahpur highlighted how the space will amplify Waterloo region’s health-tech sector.“Drawing on our strengths in health research, enabling connections between research and industry, and fostering student-driven solutions and entrepreneurship, we are uniquely positioned to lead in this exciting space,” said Feridun Hamdullahpur, Waterloo’s president and vice-chancellor.Housing Velocity, Waterloo’s flagship entrepreneurship program, the Innovation Arena will streamline commercialization pathways for businesses, fast-track delivery of health technologies and drive Canada’s next wave of economic growth.Collaboration, investment, upskilling our workforce – and even taking risks -are the ingredients required to transform and improve patient care.Coming in 2023Innovation Arena Watch video on YouTube /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Amazon, Canada, digital health, entrepreneurs, environment, Government, Government policy, health, health technology, housing, patient care, private health, technology, the Summit, university, University of Waterloo, Waterloolast_img read more

June 15, 2021

5-year-old child, 2 women among dead in SR-503 head-on crash

first_img5-year-old child, 2 women among dead in SR-503 head-on crashPosted by Chris BrownDate: Friday, March 6, 2020in: Newsshare 0 Two other young children suffered critical injuries in the Friday afternoon crashBRUSH PRAIRIE — SR-503 reopened late Friday evening after a head-on collision that killed three people and injured two children.blankVia TwitterAccording to a report by Washington State Patrol at 3:50 p.m., a red Volkswagen Golf crossed the center line while going northbound on SR-503 near 149th Avenue, colliding with a southbound blue Honda Odyssey driven by 31-year-old Rosa M. Wilson, also of Battle Ground.Three people are dead and two children are said to be in critical condition after a head-on crash Friday afternoon on SR-503 in Brush Prairie.Three people are dead and two children are said to be in critical condition after a head-on crash Friday afternoon on SR-503 in Brush Prairie.Family members confirmed on social media that Wilson’s 5-year-old daughter was also killed in the crash. Her 7-year-old son and 3-year-old daughter are being treated for critical injuries at a Portland hospital.Rosa Wilson, 31, pictured with her husband and three children. Wilson died Friday in a head-on crash on SR-503 in Battle Ground. Her 5-year-old daughter was also killed. Photo courtesy Kenda Somero via FacebookRosa Wilson, 31, pictured with her husband and three children. Wilson died Friday in a head-on crash on SR-503 in Battle Ground. Her 5-year-old daughter was also killed. Photo courtesy Kenda Somero via FacebookThis is not the first tragedy to befall the Wilson family. In 2013, Rosa’s husband Brian suffered severe brain injuries after falling 15-feet from a tree. He returned to work as a nurse at PeaceHealth Southwest Medical Center 16 months after the accident.A fundraiser has been set up by friends of the family. 5-year-old Juniper Wilson was one of three people killed in a head-on crash on SR-503 Friday afternoon. Her 7-year-old brother and 3-year-old sister were critically injured.5-year-old Juniper Wilson was one of three people killed in a head-on crash on SR-503 Friday afternoon. Her 7-year-old brother and 3-year-old sister were critically injured.The driver of the Volkswagen was identified only as a 41-year-old woman from Battle Ground. Her name was not released, pending notification of next of kin.SR-503 was closed both directions at 149th Avenue for several hours following the crash. No cause was released, and it is unknown if speed, or drugs and alcohol were involved.AdvertisementThis is placeholder textTags:Battle GroundClark CountyLatestshare 0 Previous : State consolation: Skyview, King’s Way Christian boys lose in state tournaments Next : 4A girls semis: Union falls, but grateful to be in final fourAdvertisementThis is placeholder textlast_img read more

June 15, 2021

Good Samaritan helps save stranger’s Mazda from flood because it’s rare

first_img Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | virtual panelPlayThese spy shots get us an early glimpse of some future models | See More Videos advertisement We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Trending Videos “It was definitely worth it,” he told Jalopnik. “It’s a rare car…I would hope somebody would do the same for me if I was in the situation with a car of that stature. I didn’t have it in my heart to leave it there.” Florida man parks Smart car in kitchen so Dorian won’t blow it away As Tropical Storm Cristobal continues to marinate much of the American South in its waters, people are scrambling to protect themselves and their belongings. But it’s not all every man for himself all the time. In Mississippi, one Good Samaritan went out of his way to rescue a rare car that he saw on a Facebook post about the floods. Austin Owens spotted the valuable Mazda RD RX-7 with water lapping at its panels on a local Cars and Coffee page where somebody had posted photos of it with the caption “Bottom story of the golden nugget right now, oof.”As the car was parked (docked?) nearby at the Biloxi Golden Nugget Casino, Owens thought he’d take the initiative and help lift it to safety.  center_img ‹ Previous Next › The Rolls-Royce Boat Tail may be the most expensive new car ever COMMENTSSHARE YOUR THOUGHTS Trending in Canada RELATED TAGSMazdaCoupeNon-LuxuryNew VehiclesNon-Luxury After a quick stop at Home Depot to purchase some cinder blocks, and with a solid jack in the back of his Ford Bronco, Owens and a friend drove to the lot, crawling through waters as deep as three to four feet by their estimate.When they arrived at the garage, they were met by the car’s owner who was already on-site with a group of fellow owners and a trailer, removing another car (a Ferrari 360) and hoisting up the Mazda, which now sat on wooden blocks and rubber wheel mats. RELATED Respect Your Elders: We drove the first factory-turbo Mazda RX-7Owens was able to help load the Ferrari and then swap the wood chunks out for the sturdier cinder blocks in the front, bringing the car safely above water level. A friend of the car owner told Jalopnik the Mazda is still running fine and has no interior damage. Unfortunately, Owens ended up drowning his Bronco’s transmission on the way out and had to get home in second gear.  last_img read more