Mergers & Acquisition

Mergers & Acquisition

FTS Completes Its Sale of Its North American Business to PAETEC

January 3, 2011

FAIRPORT, N.Y. and Herzliya, Israel December 28, 2010 PAETEC Holding Corp. (NASDAQ GS: PAET), a FORTUNE 1000 company, and FTS Ltd. (LSE: FTS), a global provider of billing, customer care and policy control solutions for communications and content service providers, announced the completion of the sale of assets and... Read More

Mergers & Acquisition

Dynapower Corporation Acquires iTherm Technologies

December 30, 2010

iTherm Technologies is pleased to announce it has joined forces with Dynapower Corporation, a global leader in power conversionsystems located in South Burlington, Vermont. The move supports iTherm's commitment to continued growth and development in the field of induction heating, power supply design and advanced... Read More

Mergers & Acquisition

Regal Beloit Closes Unico Acquisition

December 30, 2010

BELOIT, Wis., Dec. 23, 2010 - Regal Beloit Corporation (NYSE: RBC) today announced the closing of its previously announced acquisition of Unico, Inc. Headquartered in Franksville, Wisconsin, Unico manufactures a full range of AC and DC drives, motor controllers, and other accessories ideally suited for most... Read More

Mergers & Acquisition

Demerger to Be Put to Shareholder Vote at General Meeting of Shareholders in May 2011

December 30, 2010

Separation will become effective shortly after General meeting December 26, 2010 - TNT has revealed that its preparation of the demerger transaction - which will separate TNT's Express and Mail operations - will continue unabatedly, with filing of documentation planned following the 2010 annual results. A General... Read More

Mergers & Acquisition

SunPower Completes Sale of 44-Megawatt Montalto di Castro Solar Park

December 30, 2010

SAN JOSE, Calif., Dec. 27, 2010 - SunPower Corp. (Nasdaq: SPWRA, SPWRB) today announced that it has completed the sale of its 44-megawatt (MW) Montalto di Castro solar park to a consortium of international investors that include MetLife, Fondo PPP Italia (managed by Fondaco SGR S.p.A and advised by Equiter S.p.A... Read More

Mergers & Acquisition

L.B. Foster Completes Tender Offer for Shares of Portec Rail Products, Inc.

December 29, 2010

PITTSBURGH, Dec. 22, 2010 - L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) today announced the expiration of the subsequent offering period offered by its wholly-owned subsidiary, Foster Thomas Company, for its cash tender offer for all outstanding shares of common stock of Portec Rail Products, Inc. ("Portec... Read More

Mergers & Acquisition

Raytheon Company Recommends Rejection of Below-Market Mini-Tender Offer for Raytheon Shares by TRC Capital Corporation

December 29, 2010

WALTHAM, Mass., Dec. 22, 2010 - Raytheon Company (NYSE: RTN) has received notice of an unsolicited "mini-tender offer" by TRC Capital Corporation to purchase from Raytheon Company shareholders up to two million shares of Raytheon Company common stock, representing approximately 0.5 percent of Raytheon's outstanding... Read More

Mergers & Acquisition

Qiao Xing Universal's Subsidiary Signed Definitive Agreement to Complete the Acquisition of the 100% Equity Interest of a Lead-zinc-Copper Mining Company

December 29, 2010

HUIZHOU, China, Dec. 23, 2010 - Neither the U. S. Securities and Exchange Commission nor any state securities commission has approved or disapproved of the Proposed Offer (defined below) or securities to be issued in connection therewith, or passed upon the adequacy or accuracy of this press release, or the merits... Read More