Mergers & Acquisition

Mergers & Acquisition

Evotec Enhances its Fragment-Based Drug Discovery Business by the Addition of NMR Screening Assets from Combinature

June 26, 2007

HAMBURG, Germany and OXFORD, England, June 13/-- Evotec AG (Frankfurt Stock Exchange: EVT) announced today that it has enhanced its Fragment-Based Drug Discovery business through the acquisition of selected assets from Combinature Biopharm. Evotec has acquired equipment and expertise in NMR screening as well as... Read More

Mergers & Acquisition

Harbin Electric Signs Asset Purchase Agreement: Expands Presence in Electric Motors for Automotive Applications

June 26, 2007

HARBIN, China, June 18 /Xinhua -- Harbin Electric, Inc. (NASDAQ:HRBN) a developer and manufacturer of customized linear motors and other special electric motors, today announced that its has entered into a definitive asset purchase agreement to acquire all of the non cash assets of Harbin Taifu Auto Electric Co... Read More

Mergers & Acquisition

C&D Technologies Agrees to Sell Power Electronics Division to Murata Manufacturing

June 26, 2007

C&D Technologies has announced the signing of a definitive agreement to sell its Power Electronics Division (PED) to Murata Manufacturing Co., Ltd of Japan (Murata) for $85 million cash, subject to customary working capital adjustments. The transaction is subject to regulatory and other approvals. With annual... Read More

Mergers & Acquisition

Harris Corporation Completes Acquisition of Multimax Incorporated

June 26, 2007

Acquisition significantly expands company's technical services business WASHINGTON and MELBOURNE, Fla., June 15 -- Harris Corporation (NYSE:HRS), an international communications and information technology company, has completed its previously announced acquisition of Multimax Incorporated. Privately held Multimax... Read More

Mergers & Acquisition

Fort Dearborn Company Acquires Renaissance Mark

June 26, 2007

ELK GROVE, Ill., June 18 /-- Fort Dearborn Company today announced that it has acquired substantially all of the assets of Renaissance Mark. The acquisition combines the two leading suppliers of "cut & stack" labels and expands Fort Dearborn's scale and presence. With this combination, Fort Dearborn reinforces its... Read More

Mergers & Acquisition

Investors Enter Into Agreement to Purchase Formula Systems Holdings in Bluephoenix

June 26, 2007

Transaction Involves 8,038,526 Bluephoenix Shares HERZLIYA, Israel, June 15/ -- BluePhoenix Solutions Ltd. (NASDAQ: BPHX), the leader in value driven legacy modernization, today announced that it has been informed by its major shareholder, Formula Systems (1985) Ltd., that Formula entered into an agreement to sell... Read More

Mergers & Acquisition

SonicWALL, Inc. to Acquire Aventail Corporation

June 26, 2007

Transaction brings together complementary technologies and go-to-market models to serve a broader customer set SUNNYVALE, Calif., June 12 /-- SonicWALL, Inc. (NASDAQ:SNWL), a leading provider of IT security and data backup and recovery solutions, today announced that it has entered into an agreement to acquire... Read More

Mergers & Acquisition

Multi-Color Corporation Announces Agreement to Sell Packaging Services Division - Quick Pak

June 26, 2007

CINCINNATI, June 18 / -- Multi-Color Corporation and NFI Industries, Inc., a New Jersey corporation, announced today that they have entered into a definitive agreement which provides for the acquisition of Multi-Color's Packaging Services Division -- Quick Pak by NFI Industries, Inc. for $19.2 million. Quick Pak is... Read More

Mergers & Acquisition

Triple Canopy Diversifies Security Services Offering with Acquisition of Clayton Consultants

June 26, 2007

HERNDON, Virginia, June 15/PRNewswire/ -- Integrated Security Solutions Provider Expands Global Footprint Triple Canopy, Inc., a leading provider of integrated security solutions to governments and private corporations worldwide, today announced the acquisition of Clayton Consultants, Inc., a crisis management... Read More

Mergers & Acquisition

Ingram Micro Fortifies Consumer Electronics Presence with Acquisition of DBL Distributing

June 26, 2007

World's Largest Technology Distributor Expands its Consumer Electronics Portfolio by Purchasing a Leading U.S. Provider of Accessories SANTA ANA, Calif., June 13 / -- Ingram Micro Inc. (NYSE:IM), the world's largest technology distributor, strengthened its position in the consumer electronics market today with the... Read More

Mergers & Acquisition

NuVox Communications and FDN Communications Close Merger

June 26, 2007

Two leading communications companies prepare to accelerate market share with a more robust product suite and exceptional customer service GREENVILLE, S.C. and MAITLAND, Fla., June 13 -- NuVox Communications and FDN Communications, two privately held, facilities-based communications providers, today announced they... Read More

Mergers & Acquisition

Sensata Technologies Inc. to Acquire Airpax Holdings Inc.

June 26, 2007

Acquisition Solidifies Sensata's Position as a Leading Global Supplier of Sensors and Controls ATTLEBORO, Mass., June 14 -- Sensata Technologies, Inc., a leading designer and manufacturer of sensors and controls, today announced that it has reached a definitive agreement with Chicago Growth Partners and Airpax... Read More

Mergers & Acquisition

CMS Energy and CMS Electric and Gas Close Sale of CMS Energy Brasil for $211.1 Million

June 25, 2007

JACKSON, Mich., June 18 -- CMS Energy Corporation (NYSE:CMS) and its subsidiary, CMS Electric and Gas, L.L.C., have closed the sale of CMS Energy Brasil S.A., the holding company for a group of Brazilian electric distribution companies, and related assets to CPFL Energia S.A., a Brazilian utility, for $211.1... Read More

Mergers & Acquisition

Cleveland-Cliffs Announces Acquisition of PinnOak Resources, Major Metallurgical Coal Producer

June 25, 2007

CLEVELAND, June 14 -- Cleveland-Cliffs Inc ("Cliffs") (NYSE:CLF) today announced that it has agreed to acquire PinnOak Resources, LLC, and its subsidiary operating companies, for $450 million in cash plus approximately $150 million in debt. PinnOak is a privately owned domestic producer of high-quality, low-volatile... Read More

Mergers & Acquisition

Color Kinetics Announces Acquisition by Philips

June 25, 2007

Intelligent LED lighting pioneer joins global lighting leader BOSTON, June 19 -- Color Kinetics Incorporated (NASDAQ:CLRK), a leading innovator of LED lighting systems and technologies, today announced that it has entered into a definitive agreement to be acquired by Royal Philips Electronics... Read More

Mergers & Acquisition

Abitibi-Consolidated and Bowater Set Shareholder Vote for Proposed Combination

June 25, 2007

MONTREAL, QC and GREENVILLE, SC, June 13 / -- Abitibi-Consolidated Inc. (NYSE:ABY)(NYSE:TSX:)(NYSE:A) and Bowater Incorporated (NYSE: BOW) announced today that each company will hold a meeting of its shareholders on July 26, 2007 in order for shareholders to vote on, among other matters, the companies' proposed... Read More

Mergers & Acquisition

A. Schulman to Acquire Delta Plast Group, a European Manufacturer of Color Masterbatches

June 25, 2007

AKRON, Ohio, June 13 / -- A. Schulman, Inc. (NASDAQ:SHLM) announced today that it has agreed to acquire the Delta Plast Group, a European color masterbatch manufacturer with annual sales of approximately $20 million and operations in Sweden and Belgium. A. Schulman plans to operate Delta Plast as a division of its... Read More

Mergers & Acquisition

CONSOL Energy Announces Acquisition of AMVEST Corporation

June 25, 2007

PITTSBURGH, June 18 -- CONSOL Energy Inc. (NYSE:CNX), a high-Btu bituminous coal and coalbed methane company, has agreed to acquire AMVEST Corporation and certain of its subsidiaries and affiliates, including AMVEST West Virginia Coal (AMVEST Coal) and Vaughan Railroad Company, for approximately $335 million... Read More

Mergers & Acquisition

Cenveo to Acquire ColorGraphics

June 25, 2007

Making Cenveo the leading West Coast commercial printer Transaction expected to be accretive to earnings STAMFORD, Conn., June 14 /-- Cenveo, Inc. (NYSE:CVO) announced today the signing of a definitive merger agreement pursuant to which Cenveo will acquire Madison/Graham ColorGraphics, Inc. ("ColorGraphics"), of... Read More

Mergers & Acquisition

Autodesk Extends Visualization Leadership with Acquisition of Opticore AB

June 25, 2007

Visualization technology strengthens Autodesk's position as a strategic partner and supplier to the automotive design business SAN RAFAEL, Calif., June 18 -- Autodesk, Inc. (NASDAQ:ADSK) today announced that it has signed an agreement to acquire certain assets of Opticore, a wholly-owned subsidiary of Design... Read More