Mergers & Acquisition

Mergers & Acquisition

ConvergEx to Acquire LDB Consulting

December 16, 2010

NEW YORK, Dec. 13, 2010 - ConvergEx Group, a leading technology company, today announced that it has signed a definitive agreement to acquire LDB Consulting, Inc., a company that develops software that assists in the computation and optimization of capital charges, including security haircuts and margins. Founded in... Read More

Mergers & Acquisition

Covanta Enters Agreement to Sell Its Interest in Quezon Project

December 16, 2010

MORRISTOWN, N.J., Dec. 13, 2010 - Covanta Holding Corporation (NYSE: CVA) (the "Company" or "Covanta"), today announced that it has agreed to sell all of its interests in the Quezon coal-fired electric generation facility located in the Philippines to Electricity Generating PCL ("EGCO") for a price of approximately... Read More

Mergers & Acquisition

Magic Software Strengthens Global Presence with a New Acquisition

December 16, 2010

The company signed a purchase agreement with its South African distributor OR YEHUDA, Israel, Dec. 13, 2010 - Magic Software Enterprises Ltd. (Nasdaq: MGIC), a leading provider of cloud and on-premise application platform and business integration solutions, announced today that it signed a purchase agreement to... Read More

Mergers & Acquisition

A. O. Smith Reaches Agreement to Sell Electric Motor Division to Regal Beloit Corporation for $875 Million

December 16, 2010

Company Intends to Explore High-Growth Markets and Expansion Opportunities into New Geographies and Adjacent Technologies MILWAUKEE, Dec. 13, 2010 - A. O. Smith Corporation (NYSE: AOS) announced today it has entered into a definitive agreement to sell its Electrical Products Company, an operating segment that is... Read More

Mergers & Acquisition

Regal Beloit Corporation to Acquire Electrical Products Company from A.O. Smith Corporation

December 16, 2010

BELOIT, Wis., Dec. 13, 2010 - REGAL BELOIT CORPORATION (NYSE: RBC) today announced it has entered into an agreement to acquire 100% of the stock and assets of the Electrical Products Company ("EPC") from A.O. Smith Corporation (NYSE: AOS). EPC manufactures and sells a full line of motors for hermetic, pump... Read More

Mergers & Acquisition

L.B. Foster Company and Portec Rail Products, Inc. Announce Sale of Certain Assets

December 15, 2010

Koppers, Inc. to Purchase Portec's Rail Joint Business PITTSBURGH, Dec. 9, 2010 - L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) and Portec Rail Products, Inc. ("Portec", Nasdaq: PRPX) , announce the signing of an Asset Purchase Agreement ("APA") with Koppers, Inc., a wholly-owned subsidiary of Koppers Holdings... Read More

Mergers & Acquisition

OMNOVA Solutions Completes Acquisition of ELIOKEM from AXA Private Equity

December 15, 2010

FAIRLAWN, Ohio, Dec. 9, 2010 o The acquisition creates larger, more diverse global specialty chemical and functional surfaces company with sales over US$1 billion and Adjusted EBITDA of approximately US$129 million, based on last twelve months through August 2010. o Significantly expands... Read More

Mergers & Acquisition

Tyco Electronics Completes Acquisition of ADC

December 15, 2010

SCHAFFHAUSEN, Switzerland, Dec. 9, 2010 - Tyco Electronics Ltd. (NYSE: TEL) today announced the completion of the acquisition of ADC Telecommunications, Inc. (Nasdaq: ADCT). The combination of Tyco Electronics (TE) and ADC positions the company as a world leader in broadband connectivity. Tom Lynch, Chief Executive... Read More