Mergers & Acquisition

Mergers & Acquisition

HP Announces Revised Proposal to Acquire 3PAR for $30 per Share in Cash

September 3, 2010

PALO ALTO, Calif., Aug. 27, 2010 - HP today announced that it has increased its proposal to acquire all of the outstanding shares of 3PAR Inc. (NYSE: PAR) to $30 per share in cash, or an enterprise value of $2.0 billion. The proposal represents an 11 percent premium above the most recent price offered by Dell Inc... Read More

Mergers & Acquisition

Fosun Pharma Acquires $14 Million of Chindex Stock

September 3, 2010

Purchases 933,022 shares of Common Stock at $15.00 per Share Increases Ownership Stake to 19.9% BETHESDA, Md., Aug. 27 -- Chindex International, Inc. ("Chindex") (NASDAQ:CHDX), a leading independent American provider of Western healthcare products and services in the People's Republic of China, and Shanghai Fosun... Read More

Mergers & Acquisition

Ericsson Invests in Novatium Solutions Acquires Minority Stake and Board Participation

September 2, 2010

Chennai, 30th Aug 2010 - Novatium Solutions Private Limited, a Company with a vision to provide superior, simple to use 'Computing for the next billion', today announced a strategic minority investment by Ericsson India. With this investment Novatium gains valuable global market reach and deep rooted telecom... Read More

Mergers & Acquisition

ServerEngines Acquired by Emulex

September 1, 2010

Acquisition Enhances Network Convergence Strategy and Business Model SUNNYVALE, Calif., Aug. 25 - ServerEngines Corporation, a privately held, fabless semiconductor company founded in 2004 and headquartered in Sunnyvale, California, today announced that it has completed its acquisition by Emulex Corporation. The... Read More

Mergers & Acquisition

Golden Phoenix Signs July 2010 Option Agreement to Acquire 80% Interest in Mhakari Coyote Fault Gold and Silver Project - 24 Month Acquisition Plan Continues

September 1, 2010

SPARKS, Nev., Aug. 26 -- Golden Phoenix Minerals, Inc. (BULLETIN BOARD: GPXM) is pleased to announce that on July 6, 2010, it entered into a definitive Option Agreement to acquire an undivided 80% interest in the Coyote Fault gold and silver property in Esmeralda County, Nevada, referred to as the Mhakari Nevada... Read More

Mergers & Acquisition

Microflex Acquires Black Dragon®, Examination Gloves from MedTexx

September 1, 2010

LAKE FOREST, Ill., Aug. 26 - Microflex Corporation (Lake Forest, IL), a division of BarrierSafe Solutions International® (BSSI), a leading provider of latex and synthetic barrier protection, announced the acquisition of Black Dragon® examination gloves from MedTexx in Englewood, NJ. Black Dragon® gloves are... Read More

Mergers & Acquisition

Air Products Files Hart-Scott-Rodino Notification for Acquisition of Airgas

August 30, 2010

Notification Follows Execution of Consent Decree with FTC Staff LEHIGH VALLEY, Pa., Aug. 24 -- Air Products (NYSE: APD) today announced it has filed notification with the Federal Trade Commission ("FTC") as required under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 for the acquisition of Airgas... Read More

Mergers & Acquisition

Golden Phoenix Advances 24 Month Acquisition Plan with July 2010 Signing of Purchase Agreement to Acquire 80% Interest in Vanderbilt Silver and Gold Project

August 30, 2010

SPARKS, Nev., Aug. 25 -- Golden Phoenix Minerals, Inc. (BULLETIN BOARD: GPXM) is pleased to announce that in furtherance of launching its 24-month acquisition plan, on July 6, 2010, it entered into a definitive asset Purchase Agreement to acquire an undivided 80% interest in the historic Vanderbilt Silver/Gold... Read More

Mergers & Acquisition

ADP Completes Its Acquisition of Workscape, Inc.

August 26, 2010

Expands and Enhances Benefits and Talent Management Services Portfolio with Market-Leading Solutions Serving Large, Complex Organizations ROSELAND, N.J., Aug. 24 - ADP ®, a leading provider of HR, payroll and benefits administration services, today announced that it has completed its acquisition of privately-held... Read More

Mergers & Acquisition

IDEAL Acquires Premier Tool Manufacturer SK Hand Tools

August 26, 2010

IDEAL expands its commitment to "Made In America" mission by keeping manufacturing of iconic tool brand in the United States SYCAMORE, IL, August 23, 2010 -- IDEAL INDUSTRIES, INC. announced today that it has entered into a definitive agreement to purchase certain assets of SK Hand Tools Corporation, one of... Read More

Mergers & Acquisition

PotashCorp Board of Directors Rejects BHP Billiton's Unsolicited Offer

August 26, 2010

o Deems US$130 per Share Offer Wholly Inadequate o Urges Shareholders Not to Tender Their Shares SASKATOON, Canada, August 23, 2010 - Potash Corporation of Saskatchewan Inc. ("PotashCorp") today announced that its Board of Directors, after careful consideration with the assistance of its independent financial and... Read More

Mergers & Acquisition

Patrick Industries, Inc. Completes Acquisition of Wiring and Electrical Products Distribution Business of Blazon International Group

August 26, 2010

ELKHART, Ind., Aug. 23 - Patrick Industries, Inc. (NASDAQ:PATK) (the "Company"), announced today that it has completed the previously announced acquisition of certain assets of Bristol, Indiana-based Blazon International Group ("Blazon"), a distributor of various wiring, electrical, lighting, plumbing and other... Read More

Mergers & Acquisition

Nalco Acquisition Boosts Enhanced Oil Recovery Capabilities

August 26, 2010

NAPERVILLE, Ill., Aug. 23, 2010 - Nalco (NYSE:NLC), providing essential expertise for water, energy and air, today announced the acquisition of substantially all of the businesses and assets of Fabrication Technologies, Inc. based in Casper, Wyo. Renamed Nalco Fab-Tech LLC, the company employs 60 people and designs... Read More

Mergers & Acquisition

HP Proposes to Acquire 3PAR for $24 Per Share in Cash

August 26, 2010

o Superior proposal provides a significant premium to the Dell transaction; o HP is uniquely positioned to unlock 3PAR's potential given HP's global reach and commitment to innovation; o Transaction will accelerate HP's Converged Infrastructure strategy PALO ALTO, Calif., Aug. 23, 2010 - HP today announced that it... Read More

Mergers & Acquisition

StepStone Solutions Closes MrTed Acquisition - Expands Capability to Address Global Talent Acquisition Market

August 26, 2010

LONDON, August 24, 2010 -- StepStone Solutions, a global leader in Software-as-a-Service (SaaS) Talent Management solutions, has completed the acquisition of privately-owned e-recruitment software provider MrTed. The acquisition adds over 130 customers to StepStone Solutions' existing customer base of 1,500 global... Read More

Mergers & Acquisition

Parker Acquires Micro Thermo Technologies Extending Systems Capabilities in Climate Control Markets

August 26, 2010

CLEVELAND, Aug. 24 -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it has acquired Micro Thermo Technologies of Quebec, Canada from Carrier Corporation. Micro Thermo Technologies is a leading manufacturer of refrigeration controls and energy... Read More

Mergers & Acquisition

Carrier Corp. Sells Micro Thermo Technologies

August 26, 2010

FARMINGTON, Conn., Aug. 24 -- Carrier Corp. has sold Micro Thermo Technologies, a Canada-based manufacturer of refrigeration controls for supermarket applications, to Parker Hannifin Corp. (NYSE:PH). Carrier Corp., a unit of United Technologies Corp. (NYSE:UTX), is the world's leader in high technology heating... Read More

Mergers & Acquisition

Durex Inc. Acquires Two New Companies in 2010!

August 25, 2010

Durex Inc. is proud to announce the addition of two acquisitions to the Durex family of companies. Agreements have been reached for the acquisition of P. Feiner & Sons and Sternvent Company Inc. "These new companies have long histories of excellence and will mix well with the current synergies at Durex. This will... Read More

Mergers & Acquisition

Nokia to Acquire Motally

August 24, 2010

Optimized Developer and Publisher Product Offerings Through Mobile Analytics Functionality ESPOO, Finland, August 20, 2010 - Nokia (NYSE:NOK) today announced it has signed an agreement to acquire Motally Inc., a privately-held US-based company. Motally's mobile analytics service offers in-application tracking and... Read More

Mergers & Acquisition

Colfax Acquires the Baric Group

August 24, 2010

Strategic Acquisition Expands Lubrication Systems Business RICHMOND, Va., Aug. 20 - Colfax Corporation (NYSE: CFX), a global leader in fluid-handling solutions for critical applications, today announced that it has acquired Baric Group. Headquartered in Morpeth, U.K., Baric is a premier supplier of highly... Read More