Mergers & Acquisition

Mergers & Acquisition

Stratos Shareholders Approve Acquisition by CIP Canada

June 21, 2007

Closing expected by end of third quarter following final regulatory approvals BETHESDA, MD, June 12 / -- Stratos Global Corporation ("Stratos" or the "Corporation") today announced shareholder approval of the plan of arrangement between Stratos and CIP Canada Investment Inc. ("CIP Canada") by which CIP Canada will... Read More

Mergers & Acquisition

SSAB and IPSCO Jointly Announce Expiration of Hart-Scott-Rodino Waiting Period

June 21, 2007

LISLE, Ill. and STOCKHOLM, Sweden, June 12 / -- IPSCO Inc. (NYSE/TSX: IPS) and SSAB Svenskt Stal AB (SSAB) jointly announced today the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the proposed plan of arrangement pursuant to which... Read More

Mergers & Acquisition

Wicks Broadcast Solutions, LLC Merger with Marketron International, Inc.

June 21, 2007

NEW YORK, June 11 /-- Wicks Broadcast Solutions, LLC ("WBS") today announced its merger with Marketron International, Inc. ("Marketron"). Pete D'Acosta, CEO of WBS, will remain as CEO of the new company, operating under the name of Marketron Broadcast Solutions. Terms of the transaction were not disclosed. Both WBS... Read More

Mergers & Acquisition

Algoma Steel Announces Result of Shareholder Vote on its Acquisition by Essar

June 20, 2007

SAULT STE. MARIE, ON, June 11 -- Algoma Steel Inc. today announced that, at its Annual and Special Meeting of Shareholders held today (the "Meeting"), shareholders approved an arrangement involving the acquisition by a subsidiary of Essar Steel Holdings Limited ("Essar") of all of Algoma's outstanding common shares... Read More

Mergers & Acquisition

Consolidated Graphics to Acquire the Cyril Scott Company

June 20, 2007

HOUSTON, June 11 /-- Consolidated Graphics, Inc. (NYSE:CGX) announced today that it has signed a memorandum of understanding to acquire The Cyril Scott Company, headquartered in Lancaster, Ohio. The present management team, led by Leslie "Mac" McClelland, will remain with the company following the completion of the... Read More

Mergers & Acquisition

Dominion Enterprises Acquires Autobase, Inc.

June 20, 2007

Makes first CRM acquisition in automotive industry NORFOLK, Va., June 12 / -- Dominion Enterprises, a leading media and information services company, announced today that it has acquired Autobase, the leading supplier of auto dealership marketing and sales solutions. Terms of the transaction were not... Read More

Mergers & Acquisition

Broadcom to Acquire Global Locate, Inc., a Provider of Industry-Leading GPS Chips and Software

June 20, 2007

Broadcom Enters Fast-Growing GPS Market with Single-Chip Solutions Targeted at Personal Navigation Devices and Mobile Phones IRVINE, Calif. and SAN JOSE, Calif., June 12 -- Broadcom Corporation (NASDAQ:BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has... Read More

Mergers & Acquisition

Authentidate Completes Sale of its Document Management and Systems Integration Businesses

June 20, 2007

BERKELEY HEIGHTS, N.J., June 7 -- Authentidate Holding Corp. (NASDAQ:ADAT), a worldwide provider of software and web-based services that enable enterprises and individuals to exchange information securely and conduct trusted business transactions, today announced that it has completed the previously announced sale... Read More

Mergers & Acquisition

Cal Dive International to Acquire Horizon Offshore

June 20, 2007

HOUSTON, June 11-- Cal Dive International, Inc. (NYSE:DVR) and Horizon Offshore, Inc. (NASDAQ:HOFF) announced today that they have signed a definitive merger agreement under which Cal Dive will acquire all of the outstanding shares of Horizon in a stock and cash transaction valued at approximately $650 million... Read More

Mergers & Acquisition

ATK Completes the Acquisition of Swales Aerospace

June 20, 2007

Strategic Acquisition Establishes ATK as an Industry Leader in Satellite Components, Subsystems and Small Spacecraft MINNEAPOLIS, June 8 -- Alliant Techsystems (NYSE:ATK) announced today that it has completed the acquisition of Swales Aerospace, a premier provider of satellite components and subsystems, small... Read More

Mergers & Acquisition

Ford and Meridian Sign MOU Outlining Sale of Automotive Components Holdings Sandusky Plant

June 20, 2007

The Memorandum of Understanding (MOU) announced today is another significant step forward in ACH's strategy to sell its operations. With this announcement, ACH has sold one plant and signed MOUs related to eight additional plants during the past six months. ACH has made significant improvements in the... Read More

Mergers & Acquisition

Astec Industries, Inc. to Acquire Peterson, Inc., Manufacturer of Environmental, Wood, Construction Debris and Waste Product Processing Equipment

June 20, 2007

Strong Management and Product Line Expansion Among Principal Benefits CHATTANOOGA, Tenn., June 11 -- Astec Industries, Inc. (NASDAQ:ASTE) today announced that it has entered into a definitive agreement to acquire 100% of Peterson, Inc. ("Peterson") located in Eugene, Oregon. Peterson is a leading manufacturer of... Read More

Mergers & Acquisition

Patterson Pope Acquires United Business Systems; Becomes Sole Spacesaver® Distributor in Florida, Gains Alabama Territory

June 18, 2007

Fort Atkinson, Wis. (June 7, 2007) - Spacesaver Corp. has announced that Patterson Pope, a member of the nationwide Spacesaver Group of distributors, has acquired United Business Systems, making it the sole Spacesaver distributor in Florida. With the acquisition, Patterson Pope also expands its territory into 10... Read More

Mergers & Acquisition

FCI Acquires Smartag, Expands RFID Offering

June 18, 2007

May 31, FCI acquired Smartag, a specialized player in RFID (Radio Frequency Identification) tags manufacturing. This acquisition will allow the group to strengthen its RFID offer in a very dynamic market. Trierenberg Holding AG and Delfortgroup AG, the former owners, were advised by Societe Generale Corporate and... Read More

Mergers & Acquisition

BlueCielo ECM Solutions Acquires DataCore Technology

June 15, 2007

Miami, FL - June 6, 2007 - BlueCielo ECM Solutions Inc, a leading global provider of Engineering Content Management (ECM) software solutions, announced today that it has acquired DataCore Technology in an all-cash transaction. DataCore Technology is a specialist in implementing electronic data management (EDM... Read More

Mergers & Acquisition

Severn Trent Services Acquires the Business of Quay Technologies Ltd.

June 15, 2007

Acquisition expands company's ultraviolet product offering to meet high market demand for alternative disinfection technologies FORT WASHINGTON, Pa. - June 6, 2007 - Severn Trent Services has announced the acquisition of the business of Quay Technologies Ltd. of Berks, United Kingdom, manufacturers of a... Read More

Mergers & Acquisition

NTS Certification Division - NQA, USA - Acquires TRA Certification

June 14, 2007

CALABASAS, CA - June 1, 2007 - National Technical Systems, Inc. (NASDAQ: NTSC) (NTS), a leading provider of engineering services, announced today the acquisition of TRA Certification, located in Elkhart, Indiana, by its joint venture company, National Quality Assurance, USA (NQA). Terms of the acquisition were not... Read More

Mergers & Acquisition

Unifrax Completes Acquisition

June 14, 2007

Niagara Falls, NY, June 1, 2007- Unifrax I LLC ("Unifrax"), the Niagara Falls, NY based manufacturer of ceramic fiber insulation products, announced today that it had completed the previously announced acquisition of the ceramic fiber business of KERAUNION, a.s. ("Keraunion") from UNION LESNI BRANA, a.s. Terms of... Read More

Mergers & Acquisition

Infor Closes Workbrain and Hansen Acquisitions

June 14, 2007

Infor Adds Applications, Domain Expertise to Increase Leadership in Areas of Human Capital Management and Local Government Solutions ATLANTA - June 1, 2007 - Infor today announced the closing of two acquisitions, Hansen Information Technologies and Workbrain Corporation. The acquisitions continue to move Infor to... Read More

Mergers & Acquisition

Genco Shipping & Trading Limited Acquires Minority Stake in Jinhui Shipping and Transportation Limited

June 12, 2007

NEW YORK, May 2: Genco Shipping & Trading Limited (NYSE:GNK) today issued the following statement: On May 2, 2007, Genco Shipping & Trading Limited acquired 4,440,900 shares of the capital stock of Jinhui Shipping and Transportation Limited. Jinhui Shipping and Transportation Limited is a drybulk shipping owner... Read More