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