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NoneCAMBRIDGE, Mass. , Nov. 26, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM ), the cybersecurity and cloud computing company that powers and protects business online, announced that the U.S. Bankruptcy Court for the District of Delaware has approved its bid to acquire select assets from Edgio, including certain customer contracts from Edgio's businesses in content delivery and security, and non-exclusive license rights to patents in Edgio's portfolio. The transaction does not include the acquisition of Edgio personnel, technology, or assets related to the Edgio network. The court approval follows Akamai submitting the winning bid for the select assets during Edgio's 363 bankruptcy auction on November 13, 2024 , as part of its filing for Chapter 11 bankruptcy relief. The court decision provides the necessary approval for the closing of the sale to proceed. When the transaction closes, several hundred net new Akamai customers will have a clear path and the necessary support to smoothly migrate to a best-in-class and reliable provider of the services they need prior to Edgio ceasing operations of its content delivery network. The customers will also have immediate access to the full portfolio of Akamai's cybersecurity and cloud computing services. "Akamai is offering Edgio customers a smooth, secure transition without impacting their business or that of their end users," said Adam Karon , Akamai's Chief Operating Officer and General Manager, Cloud Technology Group. "We have the capacity, capabilities, and experience to help Edgio customers easily migrate to Akamai, and we believe our track record with similar transactions gives us the expertise to help move them to Akamai as seamlessly as possible. We look forward to welcoming these new customers and giving them the opportunity to take advantage of Akamai's full range of security and cloud solutions, which run on the world's most distributed platform." For the fourth quarter of 2024, Akamai expects this transaction to add approximately $9 - $11 million in revenue. As part of its bid, Akamai agreed to pay certain costs for Edgio to operate its network during the transition and wind-down period until such time as Edgio ceases operation of its content delivery network in mid-January 2025 . Akamai expects those transition services costs to be approximately $15 - $17 million in the fourth quarter. Akamai anticipates the transaction to be dilutive to non-GAAP net income per diluted share by approximately $0.03 - $0.05 in the fourth quarter, inclusive of the transition service costs. For the full year 2025, Akamai anticipates this transaction will add approximately $80 - $100 million in revenue, approximately $25 - $30 million of transition service costs, and be accretive to non-GAAP net income per diluted share by approximately $0.15 - $0.20 . "We believe this transaction will create significant value for Akamai and our shareholders," said Ed McGowan , Akamai's Chief Financial Officer. "By integrating these customers onto our platform with its advantageous cost structure, we expect to improve profitability and unlock new growth opportunities. We're excited about the potential to cross-sell and up-sell our advanced security and cloud computing solutions to this expanded customer base." The transaction is expected to close in early December 2024 , subject to customary closing conditions for a transaction of this type. About Akamai Akamai is the cybersecurity and cloud computing company that powers and protects business online. Our market-leading security solutions, superior threat intelligence, and global operations team provide defense-in-depth to safeguard enterprise data and applications everywhere. Akamai's full-stack cloud computing solutions deliver performance and affordability on the world's most distributed platform. Global enterprises trust Akamai to provide the industry-leading reliability, scale, and expertise they need to grow their business with confidence. Learn more at akamai.com and akamai.com/blog , or follow Akamai Technologies on X and LinkedIn . Contacts Akamai Public Relations [email protected] Akamai Investor Relations [email protected] Akamai Statement Under the Private Securities Litigation Reform Act This press release contains statements that are not statements of historical fact and constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995, including, but not limited to, statements about: management's guidance regarding the expected impact of the transaction on Akamai, including its expected impact on revenue, non-GAAP net income per diluted share, capital expenditures, and new customer additions; the potential benefits of the transaction to Akamai, its customers and its shareholders; expectations regarding customer migration in connection with the transaction; expected transition services costs; the expected duration of Edgio's transition and wind-down period; and the expected closing date of the transaction. Each of the forward-looking statements is subject to change as a result of various important factors, many of which are beyond the company's control, including, but not limited to: the risk that the transaction may not be completed in a timely manner or at all; the parties' ability to satisfy closing conditions; the occurrence of any event, change or other circumstance that could give rise to the termination of the transaction agreements; Akamai being unable to achieve the anticipated benefits of the transaction; the risk that customer migration may be more difficult, time-consuming or costly than expected; the retention of key personnel during the transition period; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the proposed transaction; effects of competition, including pricing pressure and changing business models; impact of macroeconomic trends, including economic uncertainty, turmoil in the financial services industry, the effects of inflation, rising and fluctuating interest rates, foreign currency exchange rate fluctuations, securities market volatility and monetary supply fluctuations; continuing supply chain and logistics costs, constraints, changes or disruptions; defects or disruptions in Akamai's products or IT systems, including cyber-attacks, data breaches or malware; changes to economic, political and regulatory conditions in the United States or internationally; and other factors that are discussed in the company's most recent Annual Report on Form 10-K, subsequent quarterly reports on Form 10-Q and other documents filed with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Akamai does not undertake any obligation to update any forward-looking statement, except as required under applicable law. Use of Non-GAAP Financial Measures In addition to providing financial measurements based on generally accepted accounting principles in the United States of America (GAAP), Akamai provides additional financial metrics that are not prepared in accordance with GAAP (non-GAAP financial measures). Management uses non-GAAP financial measures, in addition to GAAP financial measures, to understand and compare operating results across accounting periods, for financial and operational decision making, for planning and forecasting purposes, to measure executive compensation and to evaluate Akamai's financial performance. The non-GAAP financial measure used in this release is non-GAAP net income per diluted share. Management believes that these non-GAAP financial measures reflect Akamai's ongoing business in a manner that allows for meaningful comparisons and analysis of trends in the business, as they facilitate comparison of financial results across accounting periods and to those of our peer companies. Management also believes that these non-GAAP financial measures enable investors to evaluate Akamai's operating results and future prospects in the same manner as management. These non-GAAP financial measures may exclude expenses and gains that may be unusual in nature, infrequent or not reflective of Akamai's ongoing operating results. The non-GAAP financial measures do not replace the presentation of Akamai's GAAP financial results and should only be used as a supplement to, not as a substitute for, Akamai's financial results presented in accordance with GAAP. In addition, the financial guidance contained in this press release that is provided on a non-GAAP basis cannot be reconciled to the closest GAAP measures without unreasonable effort because of the unpredictability of the amounts and timing of events affecting the items we exclude from non-GAAP measures. For example, stock-based compensation is unpredictable for Akamai's performance-based awards, which can fluctuate significantly based on current expectations of the future achievement of performance-based targets. Amortization of intangible assets, acquisition-related costs and restructuring costs are all impacted by the timing and size of potential future actions, which are difficult to predict. In addition, from time to time, Akamai excludes certain items that occur infrequently, which are also inherently difficult to predict and estimate. It is also difficult to predict the tax effect of the items we exclude and to estimate certain discrete tax items, such as the resolution of tax audits or changes to tax laws. As such, the costs that are being excluded from non-GAAP guidance are difficult to predict and a reconciliation or a range of results could lead to disclosure that would be imprecise or potentially misleading. Material changes to any one of the exclusions could have a significant effect on our guidance and future GAAP results. Akamai's definition of the non-GAAP measures used in this press release are outlined below: Non-GAAP net income per diluted share – Non-GAAP net income divided by weighted average diluted common shares outstanding. Diluted weighted average common shares outstanding are adjusted in non-GAAP per share calculations for the shares that would be delivered to Akamai pursuant to the note hedge transactions entered into in connection with the issuances of $1,265 million of convertible senior notes due 2029 and the issuances of $1,150 million of convertible senior notes due 2027 and 2025, respectively. Under GAAP, shares delivered under hedge transactions are not considered offsetting shares in the fully-diluted share calculation until they are delivered. However, Akamai would receive a benefit from the note hedge transactions and would not allow the dilution to occur, so management believes that adjusting for this benefit provides a meaningful view of operating performance. With respect to the convertible senior notes due in each of 2029, 2027 and 2025, unless Akamai's weighted average stock price is greater than $126.31 , $116.18 and $95.10 , respectively, the initial conversion prices, there will be no difference between GAAP and non-GAAP diluted weighted average common shares outstanding. Non-GAAP net income – GAAP net income adjusted for the following tax-affected items: amortization of acquired intangible assets; stock-based compensation; amortization of capitalized stock-based compensation; acquisition-related costs; restructuring charges; amortization of debt issuance costs; amortization of capitalized interest expense; certain gains and losses on investments; gains and losses from equity method investment; and other non-recurring or unusual items that may arise from time to time. The non-GAAP adjustments, and Akamai's basis for excluding them from non-GAAP financial measures, are outlined below: Amortization of acquired intangible assets – Akamai has incurred amortization of intangible assets, included in its GAAP financial statements, related to various acquisitions Akamai has made. The amount of an acquisition's purchase price allocated to intangible assets and term of its related amortization can vary significantly and is unique to each acquisition; therefore, Akamai excludes amortization of acquired intangible assets from its non-GAAP financial measures to provide investors with a consistent basis for comparing pre- and post-acquisition operating results. Stock-based compensation and amortization of capitalized stock-based compensation – Stock-based compensation is an important aspect of the compensation paid to Akamai's employees which includes long-term incentive plans to encourage retention, performance-based plans to encourage achievement of specified financial targets and also short-term incentive awards with a one year vest. The grant date fair value of the stock-based compensation awards varies based on the stock price at the time of grant, varying valuation methodologies, subjective assumptions and the variety of award types. This makes the comparison of Akamai's current financial results to previous and future periods difficult to interpret; therefore, Akamai believes it is useful to exclude stock-based compensation and amortization of capitalized stock-based compensation from its non-GAAP financial measures in order to highlight the performance of Akamai's core business and to be consistent with the way many investors evaluate its performance and compare its operating results to peer companies. Acquisition-related costs – Acquisition-related costs include transaction fees, advisory fees, due diligence costs and other direct costs associated with strategic activities, as well as certain additional compensation costs payable to employees acquired from the Linode acquisition if employed for a certain period of time. The additional compensation cost was initiated by and determined by the seller, and is in addition to normal levels of compensation, including retention programs, offered by Akamai. Acquisition-related costs are impacted by the timing and size of the acquisitions, and Akamai excludes acquisition-related costs from its non-GAAP financial measures to provide a useful comparison of operating results to prior periods and to peer companies because such amounts vary significantly based on the magnitude of the acquisition transactions and do not reflect Akamai's core operations. Restructuring charge – Akamai has incurred restructuring charges from programs that have significantly changed either the scope of the business undertaken by the Company or the manner in which that business is conducted. These charges include severance and related expenses for workforce reductions, impairments of long-lived assets that will no longer be used in operations (including acquired intangible assets, right-of-use assets, other facility-related property and equipment and internal-use software) and termination fees for any contracts canceled as part of these programs. Akamai excludes these items from its non-GAAP financial measures when evaluating its continuing business performance as such items vary significantly based on the magnitude of the restructuring action and do not reflect expected future operating expenses. In addition, these charges do not necessarily provide meaningful insight into the fundamentals of current or past operations of its business. Amortization of debt issuance costs and capitalized interest expense – Akamai has convertible senior notes outstanding that mature in 2029, 2027 and 2025. The issuance costs of the convertible senior notes are amortized to interest expense and are excluded from Akamai's non-GAAP results because management believes the non-cash amortization expense is not representative of ongoing operating performance. Gains and losses on investments – Akamai has recorded gains and losses from the disposition, changes to fair value and impairment of certain investments. Akamai believes excluding these amounts from its non-GAAP financial measures is useful to investors as the types of events giving rise to these gains and losses are not representative of Akamai's core business operations and ongoing operating performance. Gains and losses from equity method investment – Akamai records income or losses on its share of earnings and losses from its equity method investment, and any gains from returns of investments or impairments. Akamai excludes such income and losses because it does not have direct control over the operations of the investment and the related income and losses are not representative of its core business operations. Income tax effect of non-GAAP adjustments and certain discrete tax items – The non-GAAP adjustments described above are reported on a pre-tax basis. The income tax effect of non-GAAP adjustments is the difference between GAAP and non-GAAP income tax expense. Non-GAAP income tax expense is computed on non-GAAP pre-tax income (GAAP pre-tax income adjusted for non-GAAP adjustments) and excludes certain discrete tax items (such as the impact of intercompany sales of intellectual property related to acquisitions), if any. Akamai believes that applying the non-GAAP adjustments and their related income tax effect allows Akamai to highlight income attributable to its core operations. SOURCE Akamai Technologies, Inc.As a result of the dispute, the man has filed a legal case against the organizers, alleging that he was not adequately informed about the consequences of the rule violation and that the penalty imposed was disproportionately severe. The case has drawn widespread media attention, with legal experts weighing in on the nuances of contract law and the obligations of contest organizers to ensure clarity and fairness in their rules.
ALL THE GAMES: Check out our capsules for Baton Rouge area semifinalists
Over 1,200 people have signed a petition on change.org to support a local high school athletic trainer who was, according to the petition, abruptly dismissed. Benjamin Palmer, the Windsor Locks High School senior class president who has been a runner and soccer player at the high school for four years, said he started the petition titled “Bring Back Ms. Patty” to provide a platform for his classmates to express their support for Patricia Taylor, who had been an athletic trainer at the school for seven years, according to the petition. “Gaining over 1,000 signatures in less than 24 hours, it’s turned into a tribute to a woman who gave so much without ever asking for recognition,” Palmer wrote in an email. “Always riding around in her white golf cart, Ms. Patty worked long hours to make sure we were safe, responsible and healthy athletes. “While we may not know the circumstances of her departure, we do know that her kindness, compassion, and service to others will be a long-lived legacy at Windsor Locks High School and all the schools she served.” The petition called Taylor “an unsung hero” and that her dismissal “has distressed many students, for whom she served as an influence, mentor and motivator. “By signing this petition, we request the school administration to reconsider their decision, reinstating her and recognizing her contribution to the development of our school’s athletic department.” Windsor Locks Superintendent of Schools Shawn Parkhurst said in an email that he could not comment on the situation because it was a “confidential personnel matter.” One supporter wrote on the petition: “The care, concern, and follow up Miss Patty showed for our son following a concussion was remarkable. She is the heart of our athletic program because her heart is always in the right spot. Please reconsider this unconscionable decision and reinstate Ms. Patty’s contract!” And another: “Ms. Patty has kept our Type 1 diabetic on the field during games and practices. I know other families are going to be suffering from this kind of loss as well.” And from an athlete: “Patty was almost like a second mom to most of us athletes at Windsor Locks High school. We could talk to her while she taped us and couldn’t have made it this far in athletics without her help!! We NEED her back!!!”Inzaghi hails ‘mature’ Inter attitude after another victoryShatel: Nebraska is going to a bowl game again — and here are some dream matchups
The discovery of these ancient wooden tablets underscores the historical ties and cultural exchange between Korea and China. The presence of Chinese characters on the tablets suggests a deep connection between the two nations, highlighting the influence of Chinese writing and language on Korean society during ancient times. This cultural exchange played a crucial role in shaping the linguistic and literary landscape of Korea and contributed to the rich tapestry of Korean history.WWE SmackDown ratings rebound, ranks first on TV for the night
Title: A-Shares Surge as Three Major Indexes Open Higher, Signaling Strong Start to Trading Day
Moreover, the House Mountain Bus Station has also introduced new amenities and facilities to enhance the overall passenger experience. These may include improved waiting areas, better signage, digital displays with real-time bus information, and enhanced accessibility features for passengers with disabilities. These upgrades aim to make the bus station more user-friendly, welcoming, and comfortable for all commuters. Whether you are a daily bus rider or an occasional traveler, these enhancements can significantly improve your transit experience.
Workday Names Rob Enslin President, Chief Commercial OfficerNone
Realizing the urgency of the situation, Miguel dialed the emergency services and patiently stayed by Mrs. Jenkins' side until help arrived. With his calming presence and unwavering support, he managed to alleviate her anxiety and fear, providing a ray of hope in her moment of despair.
The Arizona football program will hire three new coordinators after going 4-8 in head coach Brent Brennan's first season. The Wildcats won't retain offensive coordinator Dino Babers, who was on a one-year deal, and will reassign defensive coordinator Duane Akina to coach the UA defensive secondary. Linebackers coach and special teams coordinator Danny Gonzales will also remain on the staff, but in a role that will be announced in the future. Before meeting with media on Thursday, Brennan said in a news release: “This season did not come close to meeting the standards that we have as a program and no one is more disappointed than me. "As the head coach, it is my responsibility to evaluate all areas of the program and I felt these changes will positively impact the long-term success of the program. I want to thank Dino for his hard work dedication to the University of Arizona, our program and our student-athletes.” Arizona offensive coordinator Dino Babers answers questions during a preseason media luncheon at Arizona Stadium on July 30. Brennan said, "It was always a one-year deal with (Babers)," who joined Arizona's staff after multiple head coaching stints at Eastern Illinois, Bowling Green and Syracuse. Babers was previously an offensive assistant under former head coach Dick Tomey for six seasons from 1995-2000. "Where we are right now allows us take the next step," added Brennan. "That part of it is exciting. It's my job to exhaust all options and all possibilities and do whatever we have to do to give us the best chance to play football at Arizona." Arizona's offense dropped from 18th nationally in total offense in 2023 to 115th this season. After producing 53 touchdowns last season, the Wildcats only scored 29 this season and had the second-worst red zone offense in FBS. Following Arizona's 24-point loss to Kansas State in Manhattan, Babers relinquished play-calling duties to tight ends coach and passing game coordinator Matt Adkins. Arizona won its first game against 10th-ranked Utah with Adkins as offensive play-caller but the Wildcats won only one game for the remainder of the season. Arizona had the second-lowest scoring offense in the Big 12 — averaging 21.8 points per game — and rushing offense. Arizona had five games this season with fewer than 100 net rushing yards. "This is a result-oriented business," Brennan said. "We didn't score enough points. In the simplest offensive football terms, we needed to be more productive that way. It was challenging for (quarterback Noah Fifita) because we had issues running the football and we had issues protecting him. If you can protect him, then he can deliver the ball and we've seen how awesome he is at that. "If you can run the ball, that also takes a little bit of pressure off the protection in the pass game, so we've got a lot to fix." Fifita had a 23:5 touchdown-to-interception ratio last season; this year, he finished with 18:12. A season after Fifita became the only Wildcat in school history to have a completion rate (73.6%) higher than 70%, he dropped to 60.5% in the new system. Fifita had the most throwaways (37) in college football this season, according to Pro Football Focus. Arizona quarterback Noah Fifita, jogs off the field after a loss to BYU Oct. 12, 2024, in Provo, Utah. A "big part" of hiring Arizona's next offensive coordinator, which will be an external applicant, will be tied to the development of Fifita. The Arizona quarterback "has every intention of returning but I think who we hire here is going to have an impact on that," Brennan said. "He has to be excited about the person we bring in to be the play-caller ... because there's no position more important in all of sports than the quarterback position," Brennan said. "The development there, the consistency there, that is going to translate into us winning football games next fall. And that's what Noah wants, too. Noah wants to play great football. I'm hellbent on finding the best person to help move this offense forward with Noah Fifita as the guy playing quarterback." Arizona Wildcats quarterback Noah Fifita (11) talks with his head coach Brent Brennan before a game against New Mexico, Aug. 31, 2024, in Tucson. Brennan said his ideal offensive coordinator is also someone with "a track record of calling plays and can coordinate the run and pass game," he said. Arizona's defense was plagued with injuries this season and played without three defensive captains in linebacker Jacob Manu, safety Gunner Maldonado and nickel back Treydan Stukes — who all suffered season-ending leg injuries — in the second half of the season. Due to the accumulated injuries, the Wildcats relied on several inexperienced players and shifted their 4-2-5 base defense to a dime package. The Wildcats had the third-worst scoring defense in the Big 12 and surrendered 31.8 points per game. Arizona also had the second-worst rushing defense in the conference and allowed 175.3 rushing yards per game. The Wildcats lost eight games by a combined 191 points this season. Arizona defensive coordinator Duane Akina answers questions during a preseason media luncheon in Tucson on July 30, 2024. After the season, Brennan and Akina met and decided "he's going to back to producing NFL defensive backs," said the Arizona head coach. Akina has coached three Jim Thorpe Award winners between his time at Texas and Arizona. "No one is better at teaching and coaching the secondary than he is, and I think that's going to be incredibly valuable for us," Brennan said. Akina's role won't heavily impact the roles of cornerbacks coach Chip Viney and nickel backs coach Brett Arce. "I'm really excited about how that's going to work with those three, because I think you have a great mix of experience with Duane, then the youth and energy of Chip and Coach Arce," said Brennan. Arizona's special teams units hit some bumps this season. Kicker Tyler Loop set a school record with a 62-yard field goal, but the Wildcats had blunders throughout the season, including missed PATs and chip-shot field goals due to a shaky hold, Kansas State returning a punt 73 yards for a touchdown, a failed onside kick to begin the Colorado game, Texas Tech converting a 2-point conversion on a "swinging gate" play and West Virginia scoring a touchdown with a fake field goal. Arizona will hire a full-time special teams coordinator instead of a coach with dual titles like Gonzales, who is also linebackers coach. "I'm looking for someone that is narrowly focused on that," Brennan said. "This is where we're heading. I'm excited about the future, excited about what we're going to do and the people we're going to talk to in this process." The decision to move on from Akina and Gonzales as coordinators goes back to football being "a result-oriented business," Brennan said. Arizona linebackers coach Danny Gonzales, far right, shown during spring football practice in March 2024. "There's a fine line in seeing the value in what they bring because they're both outstanding coaches and I think we all know that," Brennan said. "But what we were doing was obviously not working. ... As we look at the possibilities that are out there, it doesn't mean we won't take into consideration Danny's track record as a defensive play-caller. In the mean time, it's my job to explore these options and see what is out there that gives us the chance to be where we want to be." Gonzales was a defensive coordinator at San Diego State and Arizona State for two seasons under former ASU head coach Herm Edwards. Brennan hinted at the possibility of hiring Gonzales as the next defensive coordinator, "but in the short term, I have to look at everything I can," he said. Whether it's Gonzales or someone else, the next defensive coordinator will be Arizona's sixth one since 2019. Brennan declined to comment on Arizona dismissing other position coaches "because we're still figuring out who's coming in." "There could be some other things that happen down the road or maybe not. ... Whoever we bring in for (the offensive coordinator job) will want to talk about the guys that are here, possibly interview them," Brennan said. "Sure, he may have a guy or two that he wants to be a part of this and thinks he can be successful — and that's something I have to listen to. I have to entertain that and see if it works." Some of Arizona's coordinator candidates are coaching in conference championship games this weekend. Notable offensive coordinators leading their respective teams this week include Boise State's Dirk Koetter, who has Power 4 and NFL experience, and "go-go" offensive play-caller Brennan Marion (UNLV), whose name has surfaced for multiple Power 4 jobs. Arizona head coach Brent Brennan during a game against Texas Tech onOct. 5, 2024, in Tucson. Between the time between games this weekend and the transfer portal opening on Monday, Brennan hopes to hire new coordinators soon, but isn't clamoring to have a final decision by Monday. "I think the most important thing is that we hire the best person we can for the job," Brennan said. "I don't want to accelerate that. ... The most important thing is that I am diligent about this process to find the best person we can bring in for Arizona football. "I'm trying to do it on an accelerated timeline but I also understand the portal will be open for a good stretch. We can get done whatever we need to get done." Extra points • Brennan said he talks to Arizona athletic director Desireé Reed-Francois "about three times a day" regarding the UA's new coordinators. Said Brennan: "She's been great. You want to work in alignment with your athletic director. ... It's an ongoing discussion." • Brennan said positions of need in the transfer portal are offensive line, wide receivers and defensive line. Contact Justin Spears, the Star's Arizona football beat reporter, at jspears@tucson.com . On X(Twitter): @JustinESports Respond: Write a letter to the editor | Write a guest opinion Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community. Be the first to know Get local news delivered to your inbox! Sports ReporterDespite the interest from several Premier League giants, Can has made it clear that he is content at Dortmund and has no intention of seeking a move away from the club. His desire to continue playing for a team that has shown faith in him and provided him with regular game time and opportunities to showcase his talents is a testament to his loyalty and professional attitude.
Joe Depa named as EY Global Chief Innovation Officer to lead its global innovation strategy
The incident took place in the heart of a bustling city, where the executive was gunned down in broad daylight as he was leaving his office. Witnesses reported hearing multiple gunshots and seeing the suspect fleeing the scene on foot. The victim, a high-ranking official in the healthcare industry, was rushed to a nearby hospital but succumbed to his injuries shortly after arrival.
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