Mergers & Acquisition

Mergers & Acquisition

Belden Completes Sale of Trapeze Networks

December 22, 2010

ST. LOUIS, Dec. 17, 2010 - Belden Inc. (NYSE: BDC), a global leader in signal transmission solutions for mission critical applications, announced today that it has completed the sale of Trapeze Networks to Juniper Networks, Inc. for a purchase price of approximately $152.1 million. Ten percent of the purchase price... Read More

Mergers & Acquisition

Newmont Announces Acquisition of Shares and Warrants of Loncor Resources Inc

December 20, 2010

DENVER, Dec. 15, 2010 - Newmont Mining Corporation (NYSE: NEM) ("Newmont") announced today that its subsidiary, Newmont Mining Corporation of Canada Limited ("Newmont Canada"), acquired 2,000,000 units ("Units") of Loncor Resources Inc. ("Loncor") by way of private placement at a price of Cdn $1.95 per Unit for... Read More

Mergers & Acquisition

FirstEnergy-Allegheny Energy Merger Application Receives Approval from Federal Energy Regulatory Commission

December 20, 2010

AKRON, Ohio, and GREENSBURG, Pa., Dec. 16, 2010 - FirstEnergy Corp. (NYSE: FE) and Allegheny Energy, Inc. (NYSE: AYE) today announced that they have received approval from the Federal Energy Regulatory Commission (FERC) for their proposed merger. "This as an important milestone in the completion of our merger, and... Read More

Mergers & Acquisition

Gen-Probe Acquires GTI Diagnostics for $53 Million in Cash

December 20, 2010

o Acquisition Strengthens Gen-Probe's Transplant Diagnostics Business, Provides New Growth Opportunities in Blood Bank and Specialty Coagulation Markets SAN DIEGO, Dec. 16, 2010 - Gen-Probe Incorporated (Nasdaq: GPRO) announced today that the Company has acquired GTI Diagnostics, a privately held specialty... Read More

Mergers & Acquisition

Cargill Acquires Majority Stake in PT Sorini Agro Asia Corporindo Tbk

December 20, 2010

JAKARTA, Indonesia, Dec. 15, 2010 - Cargill announced today that it has entered into an agreement to purchase all of the ordinary shares of PT Sorini Agro Asia Corporindo Tbk ("Sorini") held by the majority shareholder PT AKR Corporindo Tbk ("AKR") at a price of IDR 3,500 per share. The transaction is subject to... Read More

Mergers & Acquisition

Elbit Systems U.S. Subsidiary Completes Acquisition of M7 Aerospace for $85 Million

December 20, 2010

HAIFA, Israel, December 15, 2010 - Elbit Systems Ltd. (NASDAQ and TASE: ESLT) announced today that its wholly-owned U.S. subsidiary, Elbit Systems of America, LLC, ("ESA") acquired 100% of M7 Aerospace LP (M7 Aerospace) in a $85 million all cash transaction. Located in San Antonio, Texas, M7 Aerospace is an... Read More

Mergers & Acquisition

SAP to Acquire Disclosure Management Solutions from cundus AG

December 20, 2010

SAP Extends Market-Leadership Position in Finance With New Collaborative Solution to Support the Financial Close Process WALLDORF, Germany, Dec. 16, 2010 - Adding to its portfolio of solutions that create instant value for customers worldwide, SAP AG (NYSE: SAP) today announced its intent to acquire disclosure... Read More

Mergers & Acquisition

International Isotopes Inc. Announces It has Formed a Joint Venture with RadQual LLC and Acquired the Assets of Technology Imaging Services Inc.

December 20, 2010

IDAHO FALLS, Idaho, Dec. 15, 2010 - International Isotopes Inc. (OTC Bulletin Board: INIS) announces the Company has formed a new joint venture business on a 50-50 ownership basis with RadQual LLC, and has acquired the assets of Technology Imaging Services Inc. (TIS). TIS had been a major distributor of products... Read More

Mergers & Acquisition

L.B. Foster Company and Portec Rail Products, Inc. Announce Agreement with Department of Justice and Filing of Consent Decree

December 20, 2010

PITTSBURGH, Dec. 14, 2010 - L.B. Foster Company ("L.B. Foster") (Nasdaq: FSTR) and Portec Rail Products, Inc. ("Portec") (Nasdaq: PRPX) today announced that the Department of Justice ("DOJ") has issued their final approval of and entered into an agreement with L.B. Foster and Portec relating to L.B. Foster's... Read More

Mergers & Acquisition

Lennox International to Expand Refrigeration Business with Acquisition of Kysor/Warren

December 20, 2010

DALLAS, Dec. 15, 2010 - Lennox International Inc. (NYSE: LII), a global leader in the heating, air conditioning, and refrigeration markets, today announced it has signed a definitive agreement with The Manitowoc Company, Inc. to acquire substantially all the assets of its Kysor/Warren business. Kysor/Warren is a... Read More

Mergers & Acquisition

United Technologies Completes Clipper Windpower Acquisition

December 20, 2010

HARTFORD, Conn., Dec. 15, 2010 - United Technologies Corp. (NYSE: UTX) today announced that it has completed its purchase of Clipper Windpower Plc by acquiring all remaining shares, as previously announced. Clipper Windpower is a California-based company engaged in wind energy technology, turbine manufacturing, and... Read More

Mergers & Acquisition

ConvergEx Group to Acquire RealTick from Barclays Bank PLC

December 20, 2010

Acquisition will expand technology offerings with additional execution, routing and market data tools NEW YORK, Dec. 16, 2010 - ConvergEx Group, a leading technology company, today announced that it has signed a definitive agreement to acquire RealTick®, a leading global, multi-broker, cross-asset electronic... Read More

Mergers & Acquisition

Klein Tools, Inc. and UEi Test Instruments Join Together to Become a Leading Source of Electrical Diagnostic Equipment for Electricians and HVAC Technicians

December 20, 2010

Lincolnshire, Ill. - On Nov. 30, 2010, Klein Tools, Inc. acquired a 50% equity position in UEi Test Instruments to cement the existing partnership between the two companies. "We look forward to expanding our partnership with UEi that started over two years ago and has seen Klein Tools become a leading provider of... Read More

Mergers & Acquisition

Berlin Packaging Acquires Continental Packaging Solutions, Marking Second Acquisition in Ten Months

December 20, 2010

Expands Berlin's U.S. & Global Footprint to Enhance Services to Customers & Suppliers CHICAGO, Dec. 15, 2010 - Berlin Packaging, a leading full-service supplier of plastic, glass, and metal containers and closures, today announced the acquisition of Chicago-based Continental Packaging Solutions in a transaction... Read More

Mergers & Acquisition

Ahlstrom Sells Groesbeck Filtration Business Unit

December 20, 2010

Ahlstrom Corporation, a global leader in nonwovens and specialty papers, announces the sale of its Groesbeck filtration business located in Groesbeck and Mexia Texas, USA, to Polyester Fibers, a portfolio company of private investment firm Empire Investment Holdings. The value of the transaction is approximately... Read More

Mergers & Acquisition

Rohde & Schwarz Takes over DVS Digital Video Systems AG

December 20, 2010

Effective December 14, 2010, Hanover-based DVS Digital Video Systems AG has been integrated into the Rohde & Schwarz group of companies. DVS, which was founded in 1985 and now has 110 employees, is a leading international manufacturer of hardware and software for professional film and video postproduction. "We are... Read More

Mergers & Acquisition

Blossman Gas Announces Acquisition of Alabama-Based Propane Marketer

December 17, 2010

OCEAN SPRINGS, Miss., Dec. 13, 2010 - Blossman Gas, Inc. has announced the purchase of Uneeda Gas CO Inc., an Alabama-based propane retailer in Alexander City. "We welcome the employees of Uneeda Gas to the Blossman family, and are excited about the new opportunities in this market," says Blossman Gas President and... Read More

Mergers & Acquisition

Goodyear to Sell European, Latin American Farm Tire Businesses

December 17, 2010

AKRON, Ohio, Dec. 13, 2010 - The Goodyear Tire & Rubber Company (NYSE: GT) today announced that it has entered into agreements with Titan Tire Corporation, a subsidiary of Titan International Inc., to sell its European and Latin American farm tire businesses, including a licensing agreement that will allow Titan to... Read More

Mergers & Acquisition

O-I Acquires Two Plants in Northern China

December 17, 2010

Now China's second largest glass container manufacturer PERRYSBURG, Ohio, Dec. 13, 2010 - Owens-Illinois, Inc. (NYSE: OI), the world's largest maker of glass packaging, today announced it had entered into an agreement to acquire the glass container manufacturing business of Hebei Rixin Glass Group Co., Ltd. in... Read More

Mergers & Acquisition

Siemens Energy Acquires the eHouse Manufacturing Business of IES

December 17, 2010

Business portfolio expanded to include eHouse manufacturing capabilities ORLANDO, Fla., Dec. 14, 2010 - Siemens Energy, Inc. is expanding its business portfolio by acquiring an eHouse manufacturing division of Integrated Electrical Services, Inc. (IES), a leading national electrical and communications service... Read More