Mergers & Acquisition

Mergers & Acquisition

Material Technologies, Inc. Acquires License for a Pulsed Eddy Current Instrument

July 13, 2007

LOS ANGELES, July 9 / -- Material Technologies, Inc., a company that engages in the research and development of technologies to monitor and measure metal fatigue, today announced that it has acquired in a stock transaction Non-Destructive Assessment Technologies, Inc., a wholly owned subsidiary of UTEK, a specialty... Read More

Mergers & Acquisition

Sumitomo Acquires Master Tool LLC

July 13, 2007

Mount Prospect, IL - (July 12, 2007) Sumitomo Electric Carbide, Inc. announces the acquisition of Master Tool LLC. Finalized on June 29, 2007, the deal establishes Sumitomo as the majority owner. Master Tool LLC, located in Grand River, OH, is a designer and builder of custom, inserted cutting tools. Their area... Read More

Mergers & Acquisition

SIRIUS, XM Highlight Growing Momentum in Favor of Merger

July 13, 2007

Strong and Diverse Public Support Demonstrates Merger is in the Public Interest NEW YORK and WASHINGTON, July 9 / -- XM Satellite Radio (NASDAQ:XMSR) and SIRIUS Satellite Radio (NASDAQ:SIRI) said today that the volume, diversity and strength of the public comments filed with the Federal Communications Commission... Read More

Mergers & Acquisition

Verizon Business Completes Cybertrust Acquisition

July 13, 2007

Surpasses Competition to Become No. 1 Global Information Security Player BASKING RIDGE, N.J., July 9 / -- Verizon Business is now the leading provider of managed security services to business and government customers worldwide with the completion of its previously announced acquisition of Cybertrust. Verizon... Read More

Mergers & Acquisition

Dana Corporation Closes Sale of European Fluid Products Hose and Tubing Operations to Orhan Holding, A.S.

July 13, 2007

Sale of North American Operations Expected to Close Later in Quarter TOLEDO, Ohio, July 5 -- Dana Corporation (BULLETIN BOARD: DCNAQ) has closed the previously announced sale of its European fluid products hose and tubing operations to Orhan Holding, A.S., receiving cash proceeds of $66.9 million, and expects to... Read More

Mergers & Acquisition

Jack Henry Announces the Acquisition of Gladiator Technology Services, Inc.

July 13, 2007

MONETT, Mo., July 10 -- Jack Henry & Associates, Inc. (NASDAQ:JKHY), a leading provider of integrated technology solutions and data processing services for financial institutions, today announced its acquisition of Gladiator Technology Services, Inc. This Atlanta, Georgia-based company is a leading provider of... Read More

Mergers & Acquisition

Graphic Packaging Corporation and Altivity Packaging, LLC Announce Merger

July 13, 2007

MARIETTA, Ga., and CHICAGO, July 10 /PRNewswire-FirstCall/ -- Transaction Highlights o The transaction will bring together two of the most innovative, value- added paperboard packaging companies to create an estimated $4.4 billion (combined revenue) participant in the global packaging market. The new... Read More

Mergers & Acquisition

Universal Compression Partners Completes Acquisition of Assets from Universal Compression Holdings

July 13, 2007

HOUSTON, July 9 /-- Universal Compression Holdings, Inc. (NYSE:UCO) and Universal Compression Partners, L.P. (NASDAQ:UCLP) announced today that Universal Compression Partners has completed its previously announced acquisition of a fleet of compressor units and customer contracts from Universal Compression Holdings... Read More

Mergers & Acquisition

World Leading Design and Planning Firm RTKL Joins ARCADIS

July 13, 2007

ARNHEM, The Netherlands, July 6/ -- ARCADIS (EURONEXT: ARCAD), the international consulting and engineering company, today announced that it has acquired 100% of the shares of privately held RTKL Associates Inc, one of the world's leading design and planning firms, headquartered in Baltimore, Maryland, United... Read More

Mergers & Acquisition

Syngenta Reinforces Vegetable Seeds with Zeraim Gedera Acquisition

July 13, 2007

BASEL, Switzerland, July 9 / -- Syngenta announced today that it has agreed to acquire Zeraim Gedera Ltd., a high quality Israeli vegetable seeds company focusing on high-value crops, including tomato, pepper and melon. Syngenta will buy all outstanding shares in the company from Markstone Capital Partners, an... Read More

Mergers & Acquisition

Watsco to Acquire ACR Group, Inc.

July 13, 2007

ACR to Add 54 Locations in Watsco Network in Key HVAC Markets COCONUT GROVE, Fla., July 5 / -- Watsco, Inc. (NYSE:WSO) and ACR Group, Inc. (AMEX:BRR) today announced that they have executed a definitive merger agreement under which Watsco will seek to acquire ACR's outstanding common stock in a cash tender offer of... Read More

Mergers & Acquisition

Pregis Corporation Announces Acquisition of Romanian Protective Packaging Company

July 13, 2007

DEERFIELD, Ill., July 5 /-- Pregis Corporation, a leading international manufacturer, marketer, and supplier of protective packaging products and specialty packaging solutions, announced today that it has acquired all of the outstanding share capital of Petroflax S.A., for approximately $12.0 million in cash... Read More

Mergers & Acquisition

WellPoint to Acquire American Imaging Management

July 13, 2007

Acquisition of Leading Radiology Management Company Advances WellPoint's Initiatives in Cost Management, Transparency and Quality INDIANAPOLIS and DEERFIELD, Ill., July 9 -- WellPoint, Inc. (NYSE:WLP), the nation's leading health benefits provider, announced today that it has entered into an agreement to acquire... Read More

Mergers & Acquisition

Huntsman Receives Merger Proposal from Hexion for $27.25 Per Share in Cash

July 13, 2007

THE WOODLANDS, Texas and SALT LAKE CITY, July 3 -- Huntsman Corporation (NYSE:HUN) announced today that it has received from Hexion Specialty Chemicals, Inc. ("Hexion"), an entity owned by an affiliate of Apollo Management, L.P., a proposal (the "Hexion Proposal") to acquire all of the outstanding common stock of... Read More

Mergers & Acquisition

ICE Closes Acquisition of ChemConnect's Commodity Trading Business

July 13, 2007

ATLANTA, July 9 -- IntercontinentalExchange, Inc. (NYSE:ICE), the leading electronic energy marketplace and soft commodity exchange, announced that it closed today on its acquisition of ChemConnect, Inc.'s commodity trading business. ChemConnect is the leading electronic marketplace for the natural gas liquids... Read More

Mergers & Acquisition

Maxymiser Hits the Acquisition Trail to Create Services Division

July 13, 2007

London 07 July 2007, Maxymiser, Europe's leading web site optimisation, multivariate testing and behavioural targeting provider, has stepped up its offensive on the expanding onsite testing market by adding a services division to its portfolio. The acquisition of off-shore web and mobile development company IDE... Read More

Mergers & Acquisition

Imation Announces Close on Acquisition of Memcorp Assets

July 13, 2007

OAKDALE, Minn., July 10 -- Imation Corp. (NYSE:IMN), a worldwide leader in removable data storage, today announced it has completed the previously announced acquisition of the assets of Memcorp, Inc. and Memcorp Asia Limited (together known as "Memcorp") from privately held Hopper Radio of Florida, Inc. The... Read More

Mergers & Acquisition

Exar Corporation and Sipex Corporation Announce Early Termination of Hart Scott Rodino Act Waiting Period

July 13, 2007

FREMONT, Calif., July 5 -- Exar Corporation (NASDAQ:EXAR) and Sipex Corporation (NASDAQ:SIPX) announced that they received notification from the Federal Trade Commission of early termination of the waiting period under the Hart Scott Rodino Antitrust Improvements Act notification of 1976 (HSR), as amended, relating... Read More

Mergers & Acquisition

Websense Acquisition of SurfControl Receives Clearance from U.K. Office of Fair Trading

July 13, 2007

Transaction Expected to Close in October 2007 SAN DIEGO, July 6 / -- Websense, Inc. (NASDAQ:WBSN) today announced that the U.K. Office of Fair Trading (OFT) has decided not to refer the proposed acquisition of SurfControl PLC to the Competition Commission, thereby granting merger control clearance. The... Read More

Mergers & Acquisition

Equinix to Acquire European Network-Neutral Data Center Operator IXEurope in $482 Million Deal

July 13, 2007

Equinix Continues Expansion Efforts to Further Strengthen Position as Leader in Colocation and Network Exchange Services Market, and to Provide Customers with Comprehensive Global Solution TOKYO, July 10 -- Equinix, Inc. (NASDAQ:EQIX), the leading provider of network-neutral data centers and Internet exchange... Read More