Mergers & Acquisition

Mergers & Acquisition

Metal Supermarket Corp Purchases Metal Mart LLC from A.M. Castle & Co.

October 9, 2007

Metal Supermarkets Corporation® (MSC) is pleased to announce that effective October 1 2007,MSC has acquired 100% of the outstanding units of Metal Mart LLC, dba Metal Express® from A. M. Castle & Co. (Castle). "Metal Express' business model closely mirrored that of Metal Supermarkets and was a natural,logical and... Read More

Mergers & Acquisition

Avaya Announces Stockholder Approval of Acquisition of the Company

October 9, 2007

BASKING RIDGE, N.J., Sept. 28 / -- Avaya Inc. (NYSE:AV), a leading global provider of business communications applications, software and services, today announced that, at the company's special meeting of stockholders held Friday, September 28, 2007, in Wilmington, Delaware, the company's stockholders voted to adopt... Read More

Mergers & Acquisition

Arch Coal Acquires Coal Reserves in Illinois

October 9, 2007

ST. LOUIS, Oct. 1 / -- Arch Coal, Inc. (NYSE:ACI) today announced that on September 28, 2007 it acquired approximately 157 million tons of recoverable coal reserves and significant surface acreage in the Illinois Basin from International Coal Group, Inc. for approximately $38.9 million. Located in Perry and... Read More

Mergers & Acquisition

AT&T Announces Agreement to Acquire Interwise - Leading IP Voice/Video/Web Conferencing Provider

October 9, 2007

$121 Million Acquisition Will Bolster AT&T's Position in Conferencing and Collaboration SAN ANTONIO, Oct. 1 / -- AT&T Inc. (NYSE:T) announced today that it has agreed, through one of its subsidiaries, to acquire privately held Interwise(R), a leading global provider of voice, Web and video conferencing services... Read More

Mergers & Acquisition

Audiovox Announces the Acquisition of Incaar, Ltd.

October 9, 2007

HAUPPAUGE, N.Y., Oct. 1 / -- Audiovox Corporation (NASDAQ:VOXX) today announced that its wholly-owned subsidiary, Audiovox German Holdings GmbH, has acquired Incaar, Ltd., a premium multimedia systems company based in the United Kingdom for approximately $402,000, in addition to a maximum contingent earn out payment... Read More

Mergers & Acquisition

Konica Minolta Strengthens Its Presence in Alabama with Acquisition of White Industries

October 9, 2007

RAMSEY, NJ - July 31, 2007 - Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) today announced that it has acquired White Industries Inc. of Bessemer, AL, strengthening its position as a leading provider of advanced imaging and networking technologies in the Alabama marketplace. Founded in 1988 by... Read More

Mergers & Acquisition

UTC Power Acquires Dome-Tech Group

October 8, 2007

SOUTH WINDSOR, Conn., Oct. 1 / -- UTC Power, a United Technologies Corp. (NYSE:UTX) company, today announced it has acquired Dome- Tech Group, a national energy consulting firm based in Edison, New Jersey, and New York City. Financial terms were not disclosed. Dome-Tech optimizes building system performance to... Read More

Mergers & Acquisition

U.S. Concrete Announces Acquisition of Architectural Precast, L.L.C. and Reorganization of Pre-Cast Concrete Operations

October 8, 2007

HOUSTON, Oct. 1 / -- U.S. Concrete, Inc. (NASDAQ:RMIX) announced today that it has completed the acquisition of Architectural Precast, L.L.C. ("API"). Located in Middleburg, Pennsylvania, API is a leading designer and manufacturer of premium quality architectural and structural pre-cast concrete products serving... Read More

Mergers & Acquisition

Mylan Completes Acquisition of Generics Business of Merck KGaA

October 8, 2007

PITTSBURGH, Oct. 2 -- Mylan (NYSE:MYL) announced today that it has completed its acquisition of Merck KGaA's generics business ("Merck Generics") to become one of the largest quality generics and specialty pharmaceuticals companies in the world. Mylan and Merck KGaA initially announced the signing of a definitive... Read More

Mergers & Acquisition

Subex Azure Consolidates OSS Standing With Syndesis Integration

October 8, 2007

BANGALORE, India, October 1 -- Subex Azure Ltd, a leading global provider of Operations Support Systems (OSS) solutions for telecom operators, announced today that it has completed 180 days of successful integration of Syndesis Ltd, a leading provider of telecom OSS solutions, with recognised leadership in... Read More

Mergers & Acquisition

West Virginia Investor Group Acquires Charles Ryan Associates

October 8, 2007

CHARLESTON, W.Va., Oct. 1 / -- A West Virginia investment group led by Henry Harmon, President and CEO of Triana Energy, today announced it has purchased Charles Ryan Associates, the state's largest and oldest public relations/advertising firm. According to Harmon, the final signing and closing of the transactions... Read More

Mergers & Acquisition

II-VI Incorporated Announces Agreement to Acquire Majority Interest in HIGHYAG Lasertechnologie GmbH

October 8, 2007

PITTSBURGH, Oct. 2 / -- II-VI Incorporated (NASDAQ:IIVI) announced today it has executed a definitive stock purchase agreement whereby a wholly owned subsidiary of II-VI Incorporated (II-VI) will acquire 74.9% of the equity interests of HIGHYAG Lasertechnologie GmbH (HIGHYAG) in exchange for cash. The remaining... Read More

Mergers & Acquisition

GlobalSantaFe Corporation and Transocean Inc. to Hold Shareholder Meetings to Vote on Merger

October 8, 2007

HOUSTON, Oct. 1 - GlobalSantaFe Corporation (NYSE:GSF) and Transocean Inc. (NYSE:RIG) announced today that they will hold separate meetings of their shareholders on Nov. 9, 2007, in connection with the proposed merger between the two companies. GlobalSantaFe shareholders will be asked to approve the merger, while... Read More

Mergers & Acquisition

Synopsys Acquires Sandwork Design

October 8, 2007

Sandwork's Technologies Expand Synopsys' Portfolio with Advanced Analog and Mixed-signal Verification Solutions MOUNTAIN VIEW, Calif., Oct. 2 -- Synopsys, Inc. (NASDAQ:SNPS), a world leader in semiconductor design software, today announced that it has acquired Sandwork Design, Inc., a privately held, Mountain... Read More

Mergers & Acquisition

U.K. Court Sanctions Scheme of Arrangement for SurfControl

October 8, 2007

Acquisition Expected to Close on October 3, 2007 SAN DIEGO, Oct. 2 / -- Websense, Inc. (NASDAQ:WBSN) today announced that the High Court of Justice of England and Wales has sanctioned the Scheme of Arrangement to implement the recommended offer for SurfControl plc by Websense SC Operations Limited, a wholly owned... Read More

Mergers & Acquisition

Nokia to Acquire NAVTEQ

October 8, 2007

The combined entity would create a leading global player in the fast growing location based services market NAVTEQ to support existing customers as before CHICAGO, Oct. 1 -- Nokia and NAVTEQ today announced a definitive agreement for Nokia to acquire NAVTEQ. Under the terms of the agreement, Nokia will pay $78... Read More

Mergers & Acquisition

Steel Dynamics to Acquire OmniSource Corporation

October 8, 2007

FORT WAYNE, Ind., Oct. 1 -- Steel Dynamics, Inc. (NASDAQ:STLD) and OmniSource Corporation have announced the execution of a definitive agreement whereby Steel Dynamics (SDI) will acquire OmniSource, one of North America's largest scrap recycling companies, a privately held company based in Fort Wayne... Read More

Mergers & Acquisition

Cal Dive and Horizon Receive Second Request Under Hart-Scott-Rodino Merger Notification

October 8, 2007

HOUSTON, Sept. 28 / -- Cal Dive International, Inc. (NYSE:DVR) and Horizon Offshore, Inc. (NASDAQ:HOFF) announced today that they have each received a request for additional information (commonly referred to as a "second request") from the Antitrust Division of the U.S. Department of Justice regarding Cal Dive's... Read More

Mergers & Acquisition

El Paso Corporation Announces Completion of Acquisition of Peoples Energy Production Company

October 8, 2007

HOUSTON, Sept. 28 / -- El Paso Corporation (NYSE:EP) announced today that it has completed the previously announced acquisition of Peoples Energy Production Company through its indirect wholly owned subsidiary, El Paso E&P Company, L.P. The total purchase price was $879.1 million in cash, which reflected customary... Read More

Mergers & Acquisition

KEMET Announces Approval of Arcotronics Purchase By German Regulatory Authority

October 8, 2007

Greenville, South Carolina (October 1, 2007) - KEMET Corporation (NYSE:KEM) announced today that the German Federal Cartel Office has given its approval for the Company to acquire Arcotronics Italia S.p.A. with no restrictions. With no other regulatory approvals required, the Company expects to complete this... Read More