Mergers & Acquisition

Mergers & Acquisition

Airline Hydraulics Corporation Completes Acquisition of Fluid Power Automation LLC

January 25, 2011

BENSALEM, Pa., Jan. 19, 2011 - Airline Hydraulics is pleased to announce the acquisition of Fluid Power Automation LLC ("FPA"), a technology distributor of pneumatic and electric machine automation products located in North Kingstown, Rhode Island. FPA, which has been in business since 2002, services the New England... Read More

Mergers & Acquisition

CHS Acquires Eastern European Grain Company

January 24, 2011

ST. PAUL, Minn., Jan. 18, 2011 - CHS Inc. (Nasdaq: CHSCP), a leading grains, foods and energy company, has acquired Agri Point Limited from East Point Holdings Limited, Nicosia, Cyprus. The Agri Point acquisition is part of the company's ongoing global grain origination expansion, adding approximately 1.5-to-2... Read More

Mergers & Acquisition

Danaher Announces Definitive Agreement to Sell Pacific Scientific Aerospace Business for $685 Million

January 24, 2011

WASHINGTON, Jan. 18, 2011 - Danaher Corporation (NYSE: DHR) announced today that it has signed a definitive agreement to sell its Pacific Scientific Aerospace business (other than the Artus business) to Meggitt PLC (LSE: MGGT), a global aerospace and defense company. Danaher simultaneously received a binding offer... Read More

Mergers & Acquisition

Coleman Cable, Inc. Confirms Offer to Acquire Technology Research Corporation for $5.50 Per Share in Cash

January 24, 2011

Provides a 41% Premium to Pre-Announcement Share Price TRC has Refused Repeated Efforts to Enter into Any Dialogue with Coleman to Explore Potential Transaction WAUKEGAN, Ill., Jan. 18, 2011 - Coleman Cable, Inc. (Nasdaq: CCIX) ("Coleman "), a leading manufacturer and innovator of electrical and electronic wire... Read More

Mergers & Acquisition

Sempra Energy Unit to Acquire AEI's Stake in South American Utilities

January 24, 2011

Earnings-per-share Outlook for 2011 Updated to $4.00-to-$4.30 Range SAN DIEGO, Jan. 19, 2011 - Sempra Energy (NYSE: SRE) today announced that its subsidiary, Sempra Pipelines & Storage, will acquire, for approximately $875 million, AEI's stake in two South American utilities jointly owned with AEI. Currently... Read More

Mergers & Acquisition

ABB's Pending Acquisition of Baldor Electric Receives U.S. Antitrust Clearance; All Regulatory Conditions to Closing Now Satisfied

January 24, 2011

Zurich, Switzerland and Fort Smith, Arkansas, USA, January 20, 2011 - ABB Ltd (NYSE: ABB), the leading power and automation technology group, and Baldor Electric Company (NYSE: BEZ), a North American leader in industrial motors, announced today that the Antitrust Division of the United States Department of Justice... Read More

Mergers & Acquisition

NEOVIA Announces the Acquisition of Optimal Payments, a Leading Online Payments Business

January 24, 2011

Deal creates international scale player in alternative payments Thursday 20 January 2011 - NEOVIA Financial Plc (AIM: NEO) today announces the creation of a true scale player in alternative payments through the combination of leading businesses in stored value and straight through processing ("STP"). NEOVIA has... Read More

Mergers & Acquisition

Rochester Precision Optics Acquires Molded Plastic Optics

January 21, 2011

Rochester, NY. -December 29, 2010 - Rochester Precision Optics (RPO) today announced the acquisition of Molded Plastic Optics (MPO) a leading designer and manufacturer of molded plastic optics for commercial and defense markets. MPO is based in Manchester, New Hampshire, and was founded in 2008 by a team of... Read More