Mergers & Acquisition

Mergers & Acquisition

CMS Energy and CMS Electric and Gas Close Sale of CMS Energy Brasil for $211.1 Million

June 25, 2007

JACKSON, Mich., June 18 -- CMS Energy Corporation (NYSE:CMS) and its subsidiary, CMS Electric and Gas, L.L.C., have closed the sale of CMS Energy Brasil S.A., the holding company for a group of Brazilian electric distribution companies, and related assets to CPFL Energia S.A., a Brazilian utility, for $211.1... Read More

Mergers & Acquisition

Cleveland-Cliffs Announces Acquisition of PinnOak Resources, Major Metallurgical Coal Producer

June 25, 2007

CLEVELAND, June 14 -- Cleveland-Cliffs Inc ("Cliffs") (NYSE:CLF) today announced that it has agreed to acquire PinnOak Resources, LLC, and its subsidiary operating companies, for $450 million in cash plus approximately $150 million in debt. PinnOak is a privately owned domestic producer of high-quality, low-volatile... Read More

Mergers & Acquisition

Color Kinetics Announces Acquisition by Philips

June 25, 2007

Intelligent LED lighting pioneer joins global lighting leader BOSTON, June 19 -- Color Kinetics Incorporated (NASDAQ:CLRK), a leading innovator of LED lighting systems and technologies, today announced that it has entered into a definitive agreement to be acquired by Royal Philips Electronics... Read More

Mergers & Acquisition

Abitibi-Consolidated and Bowater Set Shareholder Vote for Proposed Combination

June 25, 2007

MONTREAL, QC and GREENVILLE, SC, June 13 / -- Abitibi-Consolidated Inc. (NYSE:ABY)(NYSE:TSX:)(NYSE:A) and Bowater Incorporated (NYSE: BOW) announced today that each company will hold a meeting of its shareholders on July 26, 2007 in order for shareholders to vote on, among other matters, the companies' proposed... Read More

Mergers & Acquisition

A. Schulman to Acquire Delta Plast Group, a European Manufacturer of Color Masterbatches

June 25, 2007

AKRON, Ohio, June 13 / -- A. Schulman, Inc. (NASDAQ:SHLM) announced today that it has agreed to acquire the Delta Plast Group, a European color masterbatch manufacturer with annual sales of approximately $20 million and operations in Sweden and Belgium. A. Schulman plans to operate Delta Plast as a division of its... Read More

Mergers & Acquisition

CONSOL Energy Announces Acquisition of AMVEST Corporation

June 25, 2007

PITTSBURGH, June 18 -- CONSOL Energy Inc. (NYSE:CNX), a high-Btu bituminous coal and coalbed methane company, has agreed to acquire AMVEST Corporation and certain of its subsidiaries and affiliates, including AMVEST West Virginia Coal (AMVEST Coal) and Vaughan Railroad Company, for approximately $335 million... Read More

Mergers & Acquisition

Cenveo to Acquire ColorGraphics

June 25, 2007

Making Cenveo the leading West Coast commercial printer Transaction expected to be accretive to earnings STAMFORD, Conn., June 14 /-- Cenveo, Inc. (NYSE:CVO) announced today the signing of a definitive merger agreement pursuant to which Cenveo will acquire Madison/Graham ColorGraphics, Inc. ("ColorGraphics"), of... Read More

Mergers & Acquisition

Autodesk Extends Visualization Leadership with Acquisition of Opticore AB

June 25, 2007

Visualization technology strengthens Autodesk's position as a strategic partner and supplier to the automotive design business SAN RAFAEL, Calif., June 18 -- Autodesk, Inc. (NASDAQ:ADSK) today announced that it has signed an agreement to acquire certain assets of Opticore, a wholly-owned subsidiary of Design... Read More

Mergers & Acquisition

Agilysys Completes Acquisition of InfoGenesis

June 25, 2007

BOCA RATON, Fla., June 18 / -- Agilysys, Inc. (NASDAQ:AGYS), a leading provider of innovative IT solutions and hospitality software solutions, today announced it has completed its acquisition of InfoGenesis, a privately held, independent software vendor (ISV) and solution provider to the hospitality market. At... Read More

Mergers & Acquisition

CH2M HILL and VECO Reach Agreement on Terms of Acquisition

June 25, 2007

DENVER, June 16 /-- CH2M HILL and VECO announced today that agreement has been reached on the terms of the acquisition of VECO by CH2M HILL. The deal places a value of $463 million on VECO. "We are delighted with this agreement," said Ralph Peterson, Chairman and CEO of CH2M HILL. "We believe the CH2M HILL family... Read More

Mergers & Acquisition

U. S. Steel Completes Purchase of Lone Star Technologies

June 22, 2007

PITTSBURGH, June 14 -- United States Steel Corporation (NYSE:X) announced today the completion of its acquisition of Lone Star Technologies, Inc. (NYSE:LSS). Commenting on the acquisition, U. S. Steel Chairman and CEO John P. Surma said, "This acquisition significantly expands our tubular product offerings, our... Read More

Mergers & Acquisition

Perma-Fix Completes Acquisition of PEcoS' Radioactive and Mixed Waste Treatment Facility

June 22, 2007

ATLANTA, June 14 -- Perma-Fix Environmental Services, Inc. (Nasdaq: PESI; BSE: PESI; Germany: PES.BE), today announced that it has completed its acquisition of Nuvotec USA, Inc. (Nuvotec) and its wholly owned subsidiary, Pacific EcoSolutions, Inc. (PEcoS), for $11.2 million. PEcoS, based in Richland, Washington is... Read More

Mergers & Acquisition

ISS Recommends That BioVeris Shareholders Vote for Merger

June 22, 2007

GAITHERSBURG, Md., June 14 -- BioVeris Corporation (NASDAQ:BIOV), today released the following comment on the recommendation by Institutional Shareholder Services Inc. (ISS) that shareholders of BioVeris should vote FOR BioVeris' pending merger with a subsidiary of Roche Holding Ltd at BioVeris' special meeting to... Read More

Mergers & Acquisition

KV Pharmaceutical Company Acquires Technologies and Assets of Particle and Coating Technologies Inc.

June 21, 2007

Acquisition Expands KV's Capabilities in Drug Delivery Technologies and Accelerates Drug Development ST. LOUIS, June 14 / -- KV Pharmaceutical Company announced today that it has acquired all the technologies, assets and related intellectual property of Particle and Coating Technologies Inc. (PCT), a privately... Read More

Mergers & Acquisition

Huntsman Takes Majority Share in Saudi Polyurethanes Joint Venture

June 21, 2007

GULF REGION JV WILL BE RE-NAMED HUNTSMAN APC BRUSSELS, Belgium, June 14 -- Huntsman Corporation (NYSE:HUN) and Basic Chemical Industries Limited (BCI) today announced they have signed an agreement to transfer majority ownership in the two companies' existing Arabian Polyol Company (APC) joint venture in Saudi... Read More

Mergers & Acquisition

OMNI Completes Acquisition of Bailey Operating, Inc.

June 21, 2007

Acquisition Extends Transportation and Environmental Services in Barnett Shale Region; Geographically Broadens Rental Operations Offered in Barnett Shale; Should Improve Asset Utilization; Immediately Accretive to Earnings CARENCRO, La., June 7 / -- OMNI ENERGY SERVICES CORP. (NASDAQ:OMNI) announced today the... Read More

Mergers & Acquisition

Hub Group, Inc. Announces a Definitive Agreement to Acquire Assets of Interdom Partners

June 21, 2007

DOWNERS GROVE, Ill., June 6 -- Hub Group (NASDAQ:HUBG) announced today that it has entered into a definitive agreement to acquire the assets of Interdom Partners. Hub will hold a conference call at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) on June 7 to discuss the transaction. Interdom is a privately held... Read More

Mergers & Acquisition

Meridian Signs Memorandum of Understanding to Acquire Automotive Components Holdings' Sandusky, Ohio Facility

June 21, 2007

ALLEN PARK, Mich., June 12 /-- Meridian Automotive Systems, Inc. ("Meridian") announced today that they have executed a Memorandum of Understanding ("MOU") with Ford Motor Company ("Ford") and Automotive Components Holdings, LLC ("ACH") outlining their planned acquisition of ACH's Sandusky, Ohio facility. This... Read More

Mergers & Acquisition

Stratos Shareholders Approve Acquisition by CIP Canada

June 21, 2007

Closing expected by end of third quarter following final regulatory approvals BETHESDA, MD, June 12 / -- Stratos Global Corporation ("Stratos" or the "Corporation") today announced shareholder approval of the plan of arrangement between Stratos and CIP Canada Investment Inc. ("CIP Canada") by which CIP Canada will... Read More

Mergers & Acquisition

SSAB and IPSCO Jointly Announce Expiration of Hart-Scott-Rodino Waiting Period

June 21, 2007

LISLE, Ill. and STOCKHOLM, Sweden, June 12 / -- IPSCO Inc. (NYSE/TSX: IPS) and SSAB Svenskt Stal AB (SSAB) jointly announced today the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the proposed plan of arrangement pursuant to which... Read More