Mergers & Acquisition

Mergers & Acquisition

DCP Midstream and DCP Midstream Partners Complete Acquisitions

August 31, 2007

DCP Midstream purchases Momentum Energy Group Inc. (MEG) for $635 million - DCP Midstream Partners purchases certain MEG assets from general partner for $165 million DENVER, Aug. 29 / -- DCP Midstream, LLC, or DCP Midstream, has completed its previously announced acquisition of the stock of MEG for $635 million... Read More

Mergers & Acquisition

Global Consultants, Inc. Acquires Blue Hammock

August 30, 2007

Acquisition Strengthens GCI's Data Warehousing and Business Intelligence Practice MORRISTOWN, N.J., Aug. 28 / -- Global Consultants, Inc. (GCI), one of the fastest growing providers of end-to-end information technology services and solutions worldwide, today announced the acquisition of Blue Hammock, Inc. Blue... Read More

Mergers & Acquisition

U. S. Steel Agrees to Acquire Stelco

August 30, 2007

PITTSBURGH and HAMILTON, Ontario, Aug. 26 /-- United States Steel Corporation (NYSE:X) and Stelco Inc., (TSX: STE) announced today that they have entered into a definitive agreement pursuant to which U. S. Steel will acquire Stelco for $38.50 (Canadian) in cash per share. Shareholders owning more than 76 percent of... Read More

Mergers & Acquisition

Wolters Kluwer Financial Services Acquires the AppOne Companies

August 30, 2007

Acquisition Combines Bankers Systems' Trusted Compliance Content with AppOne's Leading Technology Solutions MINNEAPOLIS, Aug. 23 /-- Wolters Kluwer Financial Services, part of the Wolters Kluwer Corporate & Financial Services division, today announced the acquisition of the AppOne Companies (AppOne), a leading... Read More

Mergers & Acquisition

Spectracom Brand Goes Global

August 30, 2007

Rochester, N.Y.- August 28, 2007 Spectracom Corp., a leading provider of synchronization products, announces its merger with Temex Sync, a designer and manufacturer of time and frequency products for worldwide markets. The two companies will market their products and systems under the Spectracom brand name in a... Read More

Mergers & Acquisition

Cooper Announces Acquisitions of LED and Lighting Controls Businesses

August 30, 2007

Expanding portfolio of energy efficient products HOUSTON, August 27, 2007 -- Cooper Industries, Ltd. (NYSE:CBE) today announced that it has acquired Illinois-based io Lighting, a dedicated light-emitting diode ("LED") lighting fixture company, and Vermont-based Powerline Communications, Inc. ("PCI"), a manufacturer... Read More

Mergers & Acquisition

ST Telemedia Increases Equity Stake in Global Crossing

August 30, 2007

Debt-to-Equity Conversion Is Part of Previously Announced Recapitalization Plan FLORHAM PARK, N.J., Aug. 28 / -- Global Crossing (NASDAQ:GLBC), a leading global IP solutions provider, today announced that STT Crossing Ltd, a subsidiary of Singapore Technologies Telemedia Pte Ltd, on Monday, August 27, 2007... Read More

Mergers & Acquisition

SPX Service Solutions to Acquire Matra-Werke GmbH

August 30, 2007

Acquisition Will Expand Global Distribution Capabilities to Support European Vehicle Manufacturers CHARLOTTE, N.C., Aug. 29 / -- SPX (NYSE:SPW) Service Solutions today announced it has entered into a definitive agreement to acquire Matra-Werke GmbH, a wholly owned subsidiary of KION Group GmbH located in... Read More

Mergers & Acquisition

Sipex Corporation Announces Results of Special Meeting of Stockholders Overwhemingly Approving the Proposed Merger Transaction with Exar Corporation

August 30, 2007

MILPITAS, Calif., Aug. 23 -- Sipex Corporation (NASDAQ:SIPX) today announced that at a Special Meeting of Sipex's stockholders, the stockholders adopted the merger agreement previously announced on May 8, 2007, among Sipex and Exar Corporation. Preliminary results indicate that more than 70% of the Sipex shares... Read More

Mergers & Acquisition

Electro-Motive Buys ITS Rail

August 30, 2007

LAGRANGE, Ill., Aug. 27 / -- Electro-Motive Diesel, Inc. (EMD) announced today that in striving to further enhance its aftermarket service offerings to customers worldwide, it has acquired certain assets of ITS Rail Services. EMD is the world's most successful builder of diesel-electric locomotives, and ITS is a... Read More

Mergers & Acquisition

Inverness Medical Innovations Agrees to Acquire Matritech, Inc.

August 30, 2007

WALTHAM, Mass. and NEWTON, Mass., Aug. 28 / -- Inverness Medical Innovations, Inc. (AMEX:IMA) and Matritech, Inc. (AMEX:MZT) today announced that they have entered into an asset purchase agreement pursuant to which Inverness will acquire substantially all of the assets of Matritech for aggregate consideration of $36... Read More

Mergers & Acquisition

Northrop Grumman Completes Acquisition of Scaled Composites, LLC

August 29, 2007

LOS ANGELES, Aug. 24 / -- Northrop Grumman Corporation (NYSE:NOC) announced today that it has completed a transaction that increases its ownership in Scaled Composites, LLC from approximately 40 percent to 100 percent. Scaled Composites is an aerospace and specialty composites development company located in Mojave... Read More

Mergers & Acquisition

Nordson Corporation Acquires TAH Industries

August 29, 2007

WESTLAKE, Ohio, Aug. 23 / -- Nordson Corporation (NASDAQ:NDSN) today announced that it has acquired TAH Industries, a manufacturer of motionless mixer dispensing systems for two component adhesives and sealants. The company is headquartered in Robbinsville, N.J., and employs approximately 180 people. TAH Industries... Read More

Mergers & Acquisition

GE, Mitsui Chemicals and Nagase Reach Agreement on Their Japan Joint Ventures

August 29, 2007

TOKYO, Japan - August 23, 2007 - GE, Mitsui Chemicals, Inc. (MCI) and Nagase & Co., Ltd. (Nagase) announced today that they have reached the following agreement regarding their Japanese joint ventures GE Plastics Japan Ltd. (GEPJ) and GEM PC Ltd. (GEMPC). GE Plastics Japan Ltd GE has acquired the entire equity... Read More

Mergers & Acquisition

Exatec Confirms GE Plastics' Acquisition of Bayer Materialscience's Share of Exatec Joint Venture

August 29, 2007

WIXOM, MICHIGAN - August 27, 2007 - Exatec, LLC announces that GE Plastics has agreed to acquire Bayer MaterialScience's share of the Exatec joint venture, which provides advanced glazing systems to the automotive industry. Under the terms of the deal, which is subject to regulatory approval, GE Plastics will... Read More

Mergers & Acquisition

Con-way Completes Acquisition of Contract Freighters, Inc.

August 29, 2007

$750 Million Acquisition Expands Capabilities, Creates Unique Transportation and Logistics Enterprise SAN MATEO, Calif. and JOPLIN, Mo., Aug. 23 -- Con-way Inc. (NYSE:CNW) today announced that it has completed its $750 million acquisition of Contract Freighters, Inc. (CFI), a privately held North American... Read More

Mergers & Acquisition

Zimmer Holdings Announces Agreement to Acquire ORTHOsoft, A Leader in Computer Assisted Orthopaedic Surgery

August 29, 2007

WARSAW, Ind. and MONTREAL, Aug. 23 -- Zimmer Holdings, Inc. (NYSE:ZMH), a leader in the orthopaedics industry, and ORTHOsoft Inc. (TSX-Venture: OSH), a leader in computer navigation for orthopaedic surgery, announced today that Zimmer has reached an agreement to make an offer to acquire all of ORTHOsoft's... Read More

Mergers & Acquisition

Horizon Lines, Inc. Announces Acquisition of Aero Logistics

August 29, 2007

CHARLOTTE, N.C., Aug. 22-- Horizon Lines, Inc., (NYSE:HRZ) announced today that it has acquired Aero Logistics, a full service, third party logistics provider (3PL) headquartered in South San Francisco, CA. The terms of the acquisition were not disclosed. Aero Logistics designs and manages custom freight shipping... Read More

Mergers & Acquisition

Chaparral Steel Company and Gerdau Ameristeel Corporation Announce Expiration of Hart-Scott-Rodino Waiting Period

August 29, 2007

MIDLOTHIAN, TX, and TAMPA, FL, Aug. 23 / -- Chaparral Steel Company (NASDAQ:CHAP) and Gerdau Ameristeel Corporation (NYSE:GNA)(NYSE: TSX:)(NYSE:GNA) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR"), in connection with the Agreement and Plan of... Read More

Mergers & Acquisition

Color Kinetics' Shareholders Adopt Merger Agreement with Philips

August 29, 2007

BOSTON, Aug. 22 / -- Color Kinetics Incorporated (NASDAQ:CLRK) announced that its shareholders at a special meeting held in Boston, Massachusetts today adopted the merger agreement under which Color Kinetics is to be acquired by Philips Holding USA, Inc., a subsidiary of Koninklijke Philips Electronics, N.V... Read More