Mergers & Acquisition

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

Mergers & Acquisition

NETGEAR Acquires Infrant Technologies for USD 60 Million

July 12, 2007

Strategic move enables NETGEAR to expand storage product portfolio with ReadyNAS(TM) range for SMBs, SOHOs and homes July 5, 2007 NETGEAR, a worldwide provider of technologically advanced, branded networking products, has announced its acquisition of Infrant Technologies, Inc, a US-based manufacturer of... Read More

Mergers & Acquisition

Motorola to Acquire Leapstone Systems

July 12, 2007

Privately-Held Company to Contribute Leading Software Platform for Converged Services and Applications SCHAUMBURG, Ill. and SOMERSET, N.J., July 10, 2007 -- Motorola, Inc. (NYSE: MOT) has signed a definitive merger agreement to acquire privately held Leapstone Systems, Inc. Leapstone is a leading communications... Read More

Mergers & Acquisition

CardioTech's Sale of Gish Biomedical to Medos Medizintechnik AG Has Been Completed

July 12, 2007

WILMINGTON, Mass., July 9 -- CardioTech International, Inc. (AMEX:CTE), a developer and manufacturer of advanced materials and medical devices for the treatment of cardiovascular and other diseases, announced today that its agreement to sell its Gish Biomedical, Inc. subsidiary in a stock transaction to Medos... Read More

Mergers & Acquisition

Albemarle to Acquire Controlling Stake in Antioxidant Joint Ventures in China

July 12, 2007

The 'Jinhai Albemarle' joint ventures are the leading antioxidant suppliers to China BATON ROUGE, La., July 5 -- Albemarle Corporation (NYSE:ALB) has completed definitive agreements with its Chinese partner to increase Albemarle's ownership from 25% to 75% in two joint ventures: Ningbo Jinhai Albemarle Chemical... Read More

Mergers & Acquisition

Frutarom Acquires the U.S. Company Abaco

July 12, 2007

Continues Implementing its Rapid Growth Strategy Abaco Sales for 2006 Reached $US3.2 Million Abaco Develops, Produces and Markets Unique Ingredients for the Flavor and Fragrance Industry HAIFA, Israel, July 4/ -- Frutarom Industries Ltd. (LSE: FRUTq, TASE: FRUT, OTC: FRUTF) announced today that on July 3, 2007... Read More

Mergers & Acquisition

Hayes Lemmerz Completes Sale of Wabash, Indiana Powertrain Components Facility

July 12, 2007

NORTHVILLE, Mich., July 5 -- Hayes Lemmerz International, Inc. (NASDAQ:HAYZ) today announced the sale of Hayes Lemmerz International - Wabash, Inc., a wholly-owned subsidiary that operates its Wabash, Indiana facility, to Harvey Industries LLC, a privately held company based in Michigan. Under the agreement... Read More

Mergers & Acquisition

Computershare Acquires World's Leading Supplier of Entity Management Solutions

July 12, 2007

BRISTOL, England, July 5/ -- Computershare Limited (ASX:CPU) has today completed the acquisition of the Datacare Software Group (Datacare); the world's leading supplier of entity management and subsidiary governance solutions. Founded in Ireland in 1983, Datacare has 63 employees in 5 countries, delivering... Read More

Mergers & Acquisition

Haemonetics Boosts Blood Management Expertise Through Acquisition of Infonale

July 12, 2007

BRAINTREE, Mass., and WEST CHESTER, Pa., July 10 / -- Haemonetics Corporation, a global leader in blood management solutions, announced today that it has acquired Infonale, Inc. for $1.3 million in cash plus contingent consideration based upon future operating performance. Infonale is a leading developer of IT... Read More

Mergers & Acquisition

Genzyme Completes Tender Offer to Acquire Bioenvision, Inc.

July 12, 2007

Proxy Statement to Be Prepared for Shareholder Meeting on Merger CAMBRIDGE, Mass., July 10 / -- Genzyme Corporation (NASDAQ:GENZ) announced today that it has completed its tender offer to acquire shares of Bioenvision, Inc. (NASDAQ:BIVN) capital stock and that a proxy statement will now be prepared by Bioenvision... Read More

Mergers & Acquisition

Hanger Orthopedic Group, Inc. Announces the Acquisition of the Assets of Surefit, LLC

July 12, 2007

BETHESDA, Md., July 9 / -- Hanger Orthopedic Group, Inc. (Hanger) (NYSE:HGR) is pleased to announce that its wholly-owned subsidiary, Southern Prosthetics Supply, Inc. (SPS) has acquired certain assets of SureFit, LLC (SureFit), a leading manufacturer and distributor of therapeutic footwear for diabetic patients in... Read More