Mergers & Acquisition

Mergers & Acquisition

Unisys Announces Sale of UK-Based Insurance and Pension Processing Business

September 7, 2010

BLUE BELL, Pa., Sept. 1 - Unisys Corporation (NYSE:UIS) announced today that it has sold Unisys Insurance Services Limited (UISL) to Diligenta Limited, a subsidiary of Tata Consultancy Services Limited. UISL, which is headquartered in the UK and has operations in Liverpool and Bournemouth, provides business process... Read More

Mergers & Acquisition

L.B. Foster and Portec Announce Second Amendment to Merger Agreement and Extension of Tender Offer

September 7, 2010

PITTSBURGH, Aug. 30 -- L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) and Portec Rail Products, Inc. ("Portec", Nasdaq: PRPX) today announced that they have executed a second amendment (the "Second Amendment") to the Agreement and Plan of Merger dated February 16, 2010 ("Merger Agreement"), which was initially... Read More

Mergers & Acquisition

Spectra Energy Completes Acquisition of Bobcat Gas Storage Assets

September 7, 2010

HOUSTON, Aug. 31 - Spectra Energy Corp (NYSE:SE) has completed the previously announced $540 million acquisition of the Bobcat Gas Storage assets and development project (Bobcat) from Haddington Energy Partners III LP and GE Energy Financial Services. The company expects to invest an additional $400 to $450 million... Read More

Mergers & Acquisition

Regal Beloit Acquires Rotor B.V.

September 7, 2010

BELOIT, Wis., Sept. 1 - Regal Beloit Corporation (NYSE:RBC) today announced that it has acquired Rotor B.V. headquartered in Eibergen, the Netherlands. Rotor sells standard and special electric motors to a variety of industries including the marine industry, ship building and offshore oil and gas. In addition to... Read More

Mergers & Acquisition

The Allied Defense Group Announces Completion of Asset Sale to Chemring

September 7, 2010

VIENNA, Va., Sept. 1 - The Allied Defense Group, Inc. (NYSE Amex: ADG) announced that it completed the previously announced sale of substantially all of its assets to Chemring. Chemring paid approximately $59.6 million in cash and assumed certain specified liabilities in exchange for all of the capital stock of... Read More

Mergers & Acquisition

CA Technologies to Acquire Arcot Systems, Inc., a Visionary in Fraud Prevention, Advanced Authentication

September 7, 2010

Acquisition Supports Cloud Strategy, Extends Market Opportunity for Leading Identity and Access Management Offerings ISLANDIA, N.Y., Aug. 30 - CA Technologies (NASDAQ: CA) today announced it has signed a definitive agreement to acquire privately-held Arcot Systems, Inc., a leader in providing advanced... Read More

Mergers & Acquisition

Nokia Completes Acquisition of Motally, Inc.

September 7, 2010

ESPOO, Finland, September 1, 2010 - Nokia (NYSE: NOK) today announced that it has completed the acquisition of Motally, Inc., initially announced on August 20, 2010. Motally's mobile analytics service enables developers and publishers to optimize the development of their mobile applications through increased... Read More

Mergers & Acquisition

O-I Acquires Brazilian Glass Company

September 7, 2010

Expands reach in South America's largest container market PERRYSBURG, Ohio, Sept. 1 - Owens-Illinois, Inc. (O-I) today announced the acquisition of Brazilian glassmaker Companhia Industrial de Vidros (CIV), significantly expanding O-I's reach in South America's largest container market. CIV is the leading glass... Read More