Mergers & Acquisition

Mergers & Acquisition

Alcoa Reaffirms Offer for Alcan as the Most Compelling Choice for Alcan's Shareholders

May 25, 2007

MONTREAL, Quebec & NEW YORK, N.Y.--(BUSINESS WIRE)--Alcoa Inc. (NYSE:AA) today reaffirmed its pending offer to acquire all outstanding common shares of Alcan Inc. (TSX:AL)(NYSE:AL) for US$58.60 in cash and 0.4108 of a share of Alcoa common stock as the most compelling choice for Alcan's shareholders. Commenting on... Read More

Mergers & Acquisition

Unifrax Announces Acquisition Deal

May 25, 2007

Niagara Falls, NY, May 16, 2007 - Unifrax I LLC ("Unifrax"), the Niagara Falls, NY based manufacturer of ceramic fiber insulation products, announced today that it has entered into an agreement with UNION LESNI BRANA, a.s. ("ULB") to acquire the ceramic fiber business of its wholly owned subsidiary company... Read More

Mergers & Acquisition

EGL Announces Increase in Offer from CEVA to $47.50 and Determines that it is a Superior Proposal

May 25, 2007

HOUSTON, May 21 / -- EGL, Inc. (NASDAQ:EAGL) ("EGL" or the "Company"), announced today that the Special Committee of its Board of Directors has received a revised definitive proposal from CEVA Group Plc, a UK public company that is owned by affiliates of Apollo Management, L.P. (the "CEVA group"), increasing the... Read More

Mergers & Acquisition

CheckFree Strengthens Investment Services Leadership with Acquisition of Upstream Technologies LLC

May 25, 2007

ATLANTA, May 21 -- CheckFree Corporation (NASDAQ:CKFR) today announced that it has signed a definitive agreement to acquire substantially all of the assets of Upstream Technologies LLC, a Boston-based provider of advanced investment decision support and trade order management tools to the investment management... Read More

Mergers & Acquisition

CH2M HILL in Acquisition Discussions with VECO Corporation

May 25, 2007

DENVER, May 18 -- CH2M HILL and VECO Corporation have reached an agreement to enter into exclusive discussions regarding the acquisition of VECO by CH2M HILL. Rob Smith, President of CH2M HILL's Energy, Chemicals and Industrial Systems Business Group, said, "We are very enthusiastic about the prospect of this... Read More

Mergers & Acquisition

Hawkins, Inc. Announces Agreement to Acquire Trumark, Inc.

May 25, 2007

o Strategic Acquisition Accelerates Hawkins Growth in Expanded Markets o Combination of Hawkins and Trumark Products Creates Enhanced Product and Service Options for Customers o Further Enhances Hawkins' Growth Strategy MINNEAPOLIS, May 16 / -- Hawkins, Inc. (NASDAQ:HWKN) (www.hawkinsinc.com) today announced an... Read More

Mergers & Acquisition

HBD Industries Acquires Precision Metal Products, Significantly Expanding Closed Die Forging Offerings

May 25, 2007

May 9, 2007 (Dublin, OH and El Cajon, CA) - HBD Industries Acquires Precision Metal Products, Significantly Expanding Closed Die Forging Offerings HBD Industries, Inc. ("HBD") is pleased to announce the acquisition of the business and assets of Precision Metal Products, Inc. ("PMP") to expand its closed die... Read More

Mergers & Acquisition

SkillSoft Completes Acquisition of NETg from the Thomson Corporation

May 25, 2007

Company Well-Positioned to Meet the Increasing Market Demand for e-Learning and Performance Support Solutions that Connect Learning with Overall Business Objectives NASHUA, N.H., May 14 / -- SkillSoft PLC, a leading provider of e-learning and performance support solutions for global enterprises, government... Read More

Mergers & Acquisition

Beeline Acquires Employer Services Corporation

May 25, 2007

JACKSONVILLE, Fla., May 16: BeelineĀ®, the workforce solutions business unit of MPS Group, Inc. (NYSE:MPS), today announced that it has acquired Employer Services Corporation (ESC), a leader in recruitment process outsourcing. Terms of the transaction were not disclosed. Founded in 1994, ESC provides sourcing... Read More

Mergers & Acquisition

Duquesne Light Holdings Declares Special Pro Rata Dividend in Preparation for Completion of Merger with Macquarie Consortium

May 25, 2007

PITTSBURGH, May 21 / -- The Board of Directors of Duquesne Light Holdings (NYSE:DQE) today declared a special pro rata dividend to ensure that shareholders continue to receive dividends at the current rate until the closing of the company's merger with a consortium led by Macquarie Infrastructure Partners and The... Read More

Mergers & Acquisition

DTE Energy to Sell Antrim Shale Gas Properties

May 25, 2007

o Company takes significant step in executing the non-utility monetization plan o Upward revision to total expected after-tax monetization proceeds to between $1.25 billion and $1.55 billion o DTE Energy's Board of Directors increases stock repurchase authorization to $1.55 billion DETROIT, May 20 / -- DTE Energy... Read More

Mergers & Acquisition

Standard & Poor's Acquires ClariFI(TM); Portfolio Analytics Added to Capital IQ

May 25, 2007

NEW YORK, May 15 / -- Standard & Poor's, the foremost provider of financial market intelligence, today announced that it has completed the acquisition of ClariFI(TM), a leading provider of software and services focused on quantitative portfolio management and research. The acquisition adds portfolio analytics to... Read More

Mergers & Acquisition

BIO-key Announces Sale of Fire Safety Division to NYSE Listed Company

May 25, 2007

WALL, N.J., May 21: BIO-key International, Inc. (BULLETIN BOARD: BKYI) , a leader in wireless public safety and finger-based biometric identification solutions, today announced that it has reached an agreement, subject to customary closing conditions, to sell its Fire Safety business for $7 million in cash... Read More

Mergers & Acquisition

The Uhlmann Group Acquires Germany-Based Koch Maschinenbau GmbH

May 24, 2007

Uhlmann Founds Koch Packaging Systems, LP to Serve North American Packaging Markets TOWACO, NJ - Following up on the Uhlmann Group's recent acquisition of the Germany-based packaging machinery company, Koch Maschinenbau GmbH, Uhlmann announces the founding of Koch Packaging Systems, LP (Koch-USA) to serve the North... Read More

Mergers & Acquisition

Solutia Completes Flexsys Acquisition

May 24, 2007

ST. LOUIS, May 2: Solutia Inc. (OTCBB:SOLUQ) today completed its purchase of Akzo Nobel N.V.'s 50 percent interest in Flexsys, the world's leading supplier of chemicals to the rubber industry. Flexsys was formed in 1995 as a 50/50 joint venture between Solutia and Akzo Nobel; effective today it will become a wholly... Read More

Mergers & Acquisition

Stratos Obtains Lender Approval Relating to CIP Canada Acquisition

May 23, 2007

BETHESDA, MD, May 15 / -- Stratos Global Corporation ("Stratos" or the "Corporation") today announced that, in connection with its pending transaction with CIP Canada Investment Inc. ("CIP Canada"), the Corporation has received lender approval for a waiver of the change of control and a related ancillary amendment... Read More

Mergers & Acquisition

Linear Enters Definitive Merger Agreement with International Electronics at $6.65 Per Share

May 23, 2007

PROVIDENCE, R.I., May 15: Linear LLC ("Linear"), a wholly-owned subsidiary of Nortek, Inc. ("Nortek"), today announced that it has signed a definitive merger agreement to acquire International Electronics, Inc. ("IEI") (BULLETIN BOARD: IEIB.OB) . Under the terms of the agreement, which has been unanimously... Read More

Mergers & Acquisition

InfoLogix, Inc. Acquires Proprietary Web Services Based Software Development Technology to Build Custom Mobile End-User Applications

May 23, 2007

Company Continues to Expand Intellectual Property Portfolio, Adding to Existing Lineup of On-Demand Software Assets HATBORO, Pa., May 7 / -- InfoLogix, Inc., a leading provider of mobile intelligence solutions, announced today it has acquired proprietary software development technology that will enable the company... Read More

Mergers & Acquisition

InfoLogix, Inc. Acquires Healthcare Mobility Services and RFID Business from AMTSystems, Inc.

May 23, 2007

With Second Acquisition in Past 30 Days, Company Furthers Position as Leading Mobile Intelligence Solutions Provider for the Digital Hospital of Tomorrow HATBORO, Pa., May 10 / -- InfoLogix, Inc., a leading provider of mobile intelligence solutions to over 1,100 hospitals in North America, announced today it has... Read More

Mergers & Acquisition

Verizon Business to Acquire Information Security Services Leader Cybertrust

May 23, 2007

BASKING RIDGE, N.J., May 14: Verizon Business today announced a definitive agreement under which it will acquire Cybertrust, a privately held provider of global information security services. Financial terms were not disclosed. The combination will make Verizon Business the leading provider of managed information... Read More