Mergers & Acquisition

Mergers & Acquisition

ITT Corporation to Acquire International Motion Control

July 9, 2007

Acquisition to enhance ITT's global motion and flow control capabilities WHITE PLAINS, N.Y., June 26 /-- ITT Corporation today announced it has executed an agreement to acquire privately held International Motion Control (IMC) for $395 million. IMC is a global developer of motion control products with 2006... Read More

Mergers & Acquisition

Superior Essex Completes Acquisition of Remaining 40 Percent of Essex Nexans

July 9, 2007

ATLANTA, June 27 -- Superior Essex Inc. (NASDAQ:SPSX), one of the largest wire and cable manufacturers in the world, today announced that is has completed the acquisition from Nexans of the remaining 40 percent equity interest in Essex Nexans. Superior Essex purchased Nexans' outstanding shares in Essex Nexans for... Read More

Mergers & Acquisition

Roche Makes Offer to Acquire Ventana for $75.00 Per Share in Cash

July 9, 2007

Roche to Expand Into Fast Growing Tissue-Based Cancer Diagnostics, Enhancing Its Position as a Leading Fully-Integrated Personalized Healthcare Company BASEL, Switzerland, June 25 -- Roche (SWX: ROG.VX; RO.S), a world-leading healthcare provider of pharmaceuticals and diagnostics, will make a tender offer to... Read More

Mergers & Acquisition

Western Digital to Acquire Komag

July 9, 2007

o Positions WD as a Leading Vertically Integrated HDD Supplier o $1 Billion Cash Acquisition of Media Supplier LAKE FOREST, Calif., June 28 -- Western Digital Corporation ("WD") (NYSE:WDC), and Komag, Incorporated ("Komag") (NASDAQ:KOMG) announced today that the two companies have entered into a definitive... Read More

Mergers & Acquisition

CommScope to Acquire Andrew for $2.6 Billion

July 9, 2007

Expands CommScope's Global Leadership in Infrastructure Solutions for Communications Networks Expected to be Accretive to CommScope's Cash Earnings per Share, Excluding Special Items, in First Full Year after Closing HICKORY, N.C. and WESTCHESTER, Ill., June 27 / -- CommScope, Inc. and Andrew Corporation today... Read More

Mergers & Acquisition

TK Aluminum Ltd. Announces Completion of the Sale of its Remaining Equity Interest in Nanjing Teksid Aluminum Foundry Co., Ltd. to Tenedora Nemak, S.A. de C.V.

July 9, 2007

CARMAGNOLA, Italy, June 28 -- TK Aluminum Ltd. (the "Company"), the indirect parent of Teksid Aluminum Luxembourg S.A R.L., S.C.A. ("Teksid Luxembourg"), announced today that on June 27, 2007 its subsidiary Teksid Aluminum S.r.l. ("Teksid Italy") completed the sale of its remaining 40% equity interest in Nanjing... Read More

Mergers & Acquisition

Purchase of Formula Systems Holdings in BluePhoenix Completed

July 9, 2007

Arik Kilman Nominated to be Elected as Chairman of the Board in the Shareholders Assembly Four Directors Resign From the Board of Directors Following Transaction HERZLIYA, Israel, June 28 -- BluePhoenix Solutions Ltd. (NASDAQ: BPHX), the leader in value driven legacy modernization, today announced that it has been... Read More

Mergers & Acquisition

Alcoa Receives Hart-Scott-Rodino Request for Additional Information in Connection With Outstanding Offer for Alcan

July 9, 2007

Alcoa Receives Hart-Scott-Rodino Request for Additional Information in Connection with Outstanding Offer for Alcan MONTREAL & NEW YORK--Alcoa Inc. (NYSE:AA) announced today that it has received a request for additional information from the Antitrust Division of the U.S. Department of Justice ("DOJ") regarding its... Read More

Mergers & Acquisition

Basell to Acquire Huntsman for $25.25 Per Share

July 9, 2007

Utah, June 26 / -- Basell, the global leader in polyolefins' technology, production and marketing, and Huntsman Corporation, one of the world's largest manufacturers and marketers of differentiated chemicals and pigments, announced today that they have signed a definitive agreement pursuant to which Basell will... Read More

Mergers & Acquisition

Comverge to Acquire Enerwise Global Technologies to Create Largest Demand Response Company

July 6, 2007

o Over 1400 megawatts of clean capacity under management o Significant expansion of commercial and industrial offerings o Over 1000 megawatts of renewables registration management o Accretive to earnings per share in 2008 o Cash, subordinated notes and stock transaction scheduled to close July 2007 EAST... Read More

Mergers & Acquisition

Dominion Closes Sale of Canadian E&P Operations

July 6, 2007

RICHMOND, Va., June 26 -- Dominion (NYSE:D) today announced it has closed the sale of its Canadian natural gas and oil exploration and production operations. This is one of several closings of previously announced asset sales. The Canadian operations were sold to Paramount Energy Trust and Baytex Energy Trust, both... Read More

Mergers & Acquisition

EDS Completes Acquisition of RelQ Software Private Limited

July 6, 2007

PLANO, Texas, June 26 / -- EDS (NYSE:EDS) today announced it has completed the acquisition of RelQ Software Private Limited, a Bangalore, India-based software testing company. RelQ will be fully integrated into EDS' global testing organization and will enhance EDS' global testing capabilities by offering low cost... Read More

Mergers & Acquisition

EaglePicher Corporation Reaches Agreement to Sell EaglePicher Boron, LLC to Ceradyne, Inc. for $69 Million

July 6, 2007

INKSTER, Mich., June 27 /-- EaglePicher Corporation (EaglePicher) today announced that it has entered into an agreement to sell EaglePicher Boron, LLC (EP Boron) to Ceradyne, Inc. (NASDAQ:CRDN). The two companies have signed a Purchase Agreement for approximately $69 million in cash. EP Boron, located in Quapaw... Read More

Mergers & Acquisition

EGL Announces Record Date and Meeting Date for Annual Meeting of Shareholders to Approve CEVA Merger and Elect Directors

July 6, 2007

HOUSTON, June 26 / -- EGL, Inc. (NASDAQ:EAGL) ("EGL" or the "Company") today announced that it has set the close of business of June 11, 2007 as the record date for determining the shareholders entitled to receive notice of, and to vote at, the annual meeting to be held to elect directors of the Company and to... Read More

Mergers & Acquisition

Gomez Adds Extensive Cross-Platform Testing Solution through Acquisition of BrowserCam

July 6, 2007

On-demand service allows web designers and developers to test their applications on hundreds of platform combinations LEXINGTON, Mass., June 28 / -- Gomez Inc., the leader in web application experience management, today announced it has acquired BrowserCam to solidify its offerings for cross-platform web experience... Read More

Mergers & Acquisition

Genzyme Corporation Moves Closer to Acquiring Bioenvision, Inc.

July 6, 2007

Request for Preliminary Injunction to Prevent Transaction is Withdrawn CAMBRIDGE, Mass., June 27 / -- Genzyme Corporation (NASDAQ:GENZ) announced today that a motion for a preliminary injunction to delay its proposed acquisition of Bioenvision, Inc. (NASDAQ:BIVN) has been withdrawn in the Delaware Court of... Read More

Mergers & Acquisition

Magnum Semiconductor Agrees to Acquire LSI Consumer Products Business

July 6, 2007

MILPITAS, Calif., June 27 -- LSI Corporation (NYSE:LSI) and Magnum Semiconductor, Inc. announced today that they have entered into a definitive agreement under which Magnum will acquire the LSI consumer products business in a transaction to be funded by private equity investment. The combination of each company's... Read More

Mergers & Acquisition

Franklin Electric Completes the Acquisition of Pump Brands (Proprietary) Limited

July 5, 2007

BLUFFTON, Ind., June 25 -- Franklin Electric Co., Inc. (NASDAQ:FELE), the world's largest manufacturer of submersible electric motors and a leading supplier of water pumping and fueling pumping systems, announced today that it has completed the acquisition of Pump Brands (Pty) Limited, Johannesburg, South Africa... Read More

Mergers & Acquisition

Carrier Acquires HVAC Distributor in Northern California

July 5, 2007

FARMINGTON, Conn., June 28 / -- Carrier Corp. has signed a letter of intent to acquire E.B. Ward & Company / Valair, a long- standing Carrier distributor of residential, light commercial and commercial products. The purchase price is not being disclosed. Carrier, a unit of United Technologies Corp., is the largest... Read More

Mergers & Acquisition

Elektrobit Corporation (EB) Acquires 7iD Technologies Gmbh to Strengthen its Wireless Sensor Solutions Business with EPCglobal Certified RFID Software Solutions

July 5, 2007

Elektrobit Corporation (EB) has today purchased 100 per cent of the shares in 7iD Technologies GmbH (the Transaction). 7iD, a company specialising in RFID technology, provides services and products for system integrators and RFID companies and delivers technology and turn-key solutions for supply chain and asset... Read More