Mergers & Acquisition

Mergers & Acquisition

Motorola to Acquire Modulus Video

May 30, 2007

SCHAUMBURG, Ill. and SUNNYVALE, Calif., May 17: Motorola, Inc. (NYSE:MOT) and Modulus Video, Inc., a privately-held company, announced the signing of a definitive merger agreement, under which Motorola will acquire Modulus Video. The terms of the transaction were not disclosed. Modulus Video is a leader and... Read More

Mergers & Acquisition

Power Technology Signs Letter of Intent to Sell Sentry Power Subsidiary for $1,000,000

May 30, 2007

AUSTIN, Texas, May 22 : Alternative energy company Power Technology (BULLETIN BOARD: PWTCE) announced today that the company has entered into a letter of intent to sell its back up power supply subsidiary, Sentry Power Technology. The non-binding letter of intent proposes to sell the subsidiary for $1 million in... Read More

Mergers & Acquisition

Alcan's Board Recommends Shareholders Reject Alcoa Offer

May 30, 2007

MONTREAL, May 22 / -- Alcan Inc. (NYSE, TSX: AL) today announced that its Board of Directors unanimously recommends shareholders reject Alcoa Inc.'s (NYSE:AA) unsolicited offer to acquire Alcan. The Board determined that the offer is inadequate in multiple respects and is contrary to the best interests of Alcan's... Read More

Mergers & Acquisition

Providence Equity Partners Acquires Majority Control of Decision Resources

May 30, 2007

WALTHAM, Mass., May 21: Decision Resources, Inc., one of the world's leading research and advisory firms focusing on pharmaceutical and healthcare issues, announced today that Providence Equity Partners, a leading private equity firm with more than $21 billion under management, will acquire majority control of the... Read More

Mergers & Acquisition

IOMED, Inc. to Be Acquired by ReAble Therapeutics

May 30, 2007

SALT LAKE CITY and AUSTIN, Texas, May 18 : IOMED, Inc. (AMEX:IOX) and ReAble Therapeutics, Inc. (formerly known as Encore Medical Corporation) today announced the signing of a definitive agreement whereby ReAble will acquire all the outstanding shares of IOMED in an all-cash merger for $2.75 per share, subject to... Read More

Mergers & Acquisition

KV Pharmaceutical Company Completes Acquisition of U.S. Rights to EvaMist(TM)

May 30, 2007

ST. LOUIS, May 16: KV Pharmaceutical Company (NYSE:KV-A) reported today that it has completed its previously announced transaction with VIVUS, Inc. for the sublicense of exclusive rights and purchase of assets related to EvaMist(TM). Under the terms of the all-cash transaction, KV agreed to pay $10 million at... Read More

Mergers & Acquisition

Microsoft to Acquire aQuantive, Inc.

May 30, 2007

REDMOND, Wash., May 18: Microsoft® Corp. today announced it will acquire aQuantive, Inc., for $66.50 per share in an all-cash transaction valued at approximately $6 billion. This deal expands upon the Company's previously outlined vision to provide the advertising industry with a world class, Internet-wide... Read More

Mergers & Acquisition

HOERBIGER Service Inc. Completes Acquisition of Texas Compressor Corporation

May 30, 2007

Houston, TX, February 21, 2007. Effective February 16, 2007, HOERBIGER Service Inc. (HSI), the leading compressor services company in the United States, acquires Texas Compressor Corporation (TCC). Texas Compressor Corporation specializes in repair, remanufacture, packaging, and field service of reciprocating air... Read More

Mergers & Acquisition

Freudenberg-NOK to Sell Its Traditional Aftermarket Business - Consisting of Engine Gaskets, Power Steering Hose and Engine and Transmission Mounts to ROL Manufacturing

May 30, 2007

PLYMOUTH, Mich., May 22 -- Freudenberg-NOK announced today that it has reached an agreement in principle to sell specific assets of Corteco's North American Traditional Aftermarket Business to ROL Manufacturing. Closing is expected to take place in June 2007, subject to the fulfillment of customary closing... Read More

Mergers & Acquisition

ThyssenKrupp Budd Sells Mexican Interest

May 30, 2007

TROY, Mich., May 16: ThyssenKrupp Budd Company has announced the sale of its one-third interest in Aventec S.A. de C.V., Aventec Mexicana S.A., de C.V. and Aventec Ramos Arizpe, S.A. de C.V., three joint venture companies based in Mexico. The ThyssenKrupp Budd shares were purchased by the two other joint venture... Read More

Mergers & Acquisition

Magtrol SA Acquires Reznicek & Hlach SA

May 29, 2007

Magtrol SA, a leading manufacturer of test and measurement equipment, has acquired the company Reznicek & Hlach SA on May, 1st 2007. Founded in 1977 by Mr. Reznicek and Mr. Hlach, the company is active in developing and producing sensors for diverse force measurement applications ranging from miniature force... Read More

Mergers & Acquisition

Honeywell Acquires Dimensions International

May 29, 2007

Expands Ability to Provide Comprehensive, Cost-Competitive Solutions for DoD Equipment Reset Challenges PHOENIX, May 22 / -- Honeywell (NYSE:HON) announced today that it has signed a definitive agreement to acquire defense logistics leader Dimensions International for $230 million. The transaction is subject to... Read More

Mergers & Acquisition

Patrick Industries Completes Acquisition of Adorn, LLC

May 29, 2007

ELKHART, Ind., May 21: Paul E. Hassler, President and CEO of Patrick Industries, Inc. (NASDAQ:PATK) today announced that Patrick has completed the acquisition of Adorn, LLC, a manufacturer and supplier of interior components to the recreational vehicle (RV) and manufactured housing (MH) industries. Mr. Hassler... Read More

Mergers & Acquisition

NETGEAR® Completes Acquisition of Infrant

May 29, 2007

SANTA CLARA, Calif., May 17 / -- NETGEAR, Inc. (NASDAQ:NTGR), a worldwide provider of technologically advanced, branded networking products, today announced that it has completed the acquisition of privately-held Infrant Technologies, Inc. of Fremont, California. On May 2, 2007, NETGEAR executed a definitive... Read More

Mergers & Acquisition

EnerSys Acquires Bulgarian Battery Company

May 29, 2007

READING, Pa., May 18 / -- EnerSys (NYSE:ENS), the world's largest manufacturer, marketer, and distributor of industrial batteries, today announced that it has completed the acquisition of Energia AD, a producer of industrial batteries, located in Targovishte, Bulgaria. The total purchase price for this transaction... Read More

Mergers & Acquisition

AEP Completes Purchase of Lawrenceburg Plant

May 29, 2007

COLUMBUS, Ohio, May 16 / -- American Electric Power, through its AEP Generating Co. subsidiary, today completed the purchase of the Lawrenceburg Generating Station in Indiana from an affiliate of Public Service Enterprise Group. The purchase, valued at approximately $325 million, was announced in January. The... Read More

Mergers & Acquisition

Sentry Equipment Corp Sells Tank Cleaner Product Line to Tanker Wash Systems, Inc.

May 29, 2007

Oconomowoc, Wisconsin (May 16, 2007) - Sentry Equipment Corp, the leading worldwide supplier of sampling components and systems for over 80 years, announced the sale of its tank cleaner product line to Tanker Wash Systems, Inc. of Sandwich, Illinois. Sentry Equipment is a well-known international manufacturer and... Read More

Mergers & Acquisition

ITW Acquires Tregaskiss Welding Products

May 29, 2007

GLENVIEW, Ill. May 22: Illinois Tool Works Inc. (NYSE: ITW) announced that as of May 18, 2007, it has acquired Tregaskiss Welding Products of Windsor, Ontario, Canada. Tregaskiss is a leading manufacturer of robotic and semi-automatic MIG welding torches and peripherals. Terms of the transaction were not... Read More

Mergers & Acquisition

II-VI Incorporated Announces Agreement to Acquire Pacific Rare Specialty Metals & Chemicals, Inc.

May 29, 2007

PITTSBURGH, May 17 / -- 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 substantially all of the equity interests of Pacific Rare Specialty Metals & Chemicals, Inc. (PRSMC) in exchange... Read More

Mergers & Acquisition

DCP Midstream and DCP Midstream Partners Announce Acquisitions

May 29, 2007

o DCP Midstream Expands Operating Footprint Into New Basins With $635 Million Acquisition o DCP Midstream Partners Agrees to Acquire Certain Assets From General Partner for $165 Million DENVER, May 21 / -- DCP Midstream, LLC today announced an agreement to acquire the stock of Momentum Energy Group Inc. (MEG) for... Read More