Mergers & Acquisition

Mergers & Acquisition

Chevron Signs Agreement to Sell Benelux Fuels Marketing Business to Delek

June 1, 2007

SAN RAMON, Calif., May 24: Chevron Corporation (NYSE:CVX) today announced the signing of an agreement by its subsidiaries in Belgium, the Netherlands and Luxembourg (Benelux) to sell their fuels marketing business to Dutch company Delek Benelux B.V., a subsidiary of Israeli company Delek Petroleum. This sale... Read More

Mergers & Acquisition

Rockwell Automation to Acquire ICS Triplex, A Leading Process Control Safety Solutions Provider

May 31, 2007

MILWAUKEE, May 24, 2007 - Rockwell Automation, Inc. (NYSE: ROK) announced today that it has reached an agreement by which it will acquire Industrial Control Services Group Limited ("ICS") for £110 million (British pounds) in cash. ICS trades and does business as ICS Triplex, a leading global supplier of critical... Read More

Mergers & Acquisition

Gerber Scientific Announces the Acquisition of Data Technology, Inc.

May 31, 2007

SOUTH WINDSOR, Conn., May 22 / -- Gerber Scientific, Inc. (NYSE:GRB) announced the completion of its acquisition of Data Technology, Inc. Data Technology, based in Wilmington, MA, is a leading manufacturer of automated cutting hardware for the design, die making and short run production segments of the packaging and... Read More

Mergers & Acquisition

Cisco Announces Agreement to Acquire BroadWare Technologies

May 31, 2007

Cisco Systems has gotten a definitive agreement to acquire privately-held BroadWare Technologies, a leading provider of IP-based video surveillance software. BroadWare's software enables web-based monitoring, management, recording and storage of audio and video that can be accessed anywhere by authorized... Read More

Mergers & Acquisition

On2 Technologies Announces Acquisition of Hantro Products, a Leader in Embedded Video Technology

May 31, 2007

TARRYTOWN, N.Y. and OULU, Finland, May 21 -- On2 Technologies, Inc. (AMEX:ONT), a leader in video compression software and solutions, announced today that it has entered into a definitive agreement to acquire Finland-based Hantro Products Oy, a market-leading provider of video technology for mobile devices. The... Read More

Mergers & Acquisition

Hancock Park Associates to Buy ASC's Convertible & Design Units

May 31, 2007

DETROIT, May 4 -- ASC Incorporated announced that Hancock Park Associates, a private-equity firm based in Los Angeles, has signed a definitive purchase agreement for the automotive "open air" roof-systems unit and the automotive design-services unit of ASC from its owner, American Specialty Cars Holdings LLC... Read More

Mergers & Acquisition

Kinder Morgan Sale of Terasen Utility Assets to Fortis Completed

May 30, 2007

HOUSTON, May 17 /-- Kinder Morgan, Inc. (NYSE:KMI) today announced its sale of Terasen Inc. to Fortis Inc. (TSX: FTS) has closed. Terasen Inc.'s principal assets include Terasen Gas Inc. and Terasen Gas (Vancouver Island) Inc., comprising a large regulated distribution business that delivers natural gas and piped... Read More

Mergers & Acquisition

Pacific Insulation and All American Supply, Inc. Have Reached An Agreement

May 30, 2007

Steve Butler, Vice President and General Manager of Pacific Insulation Company, announced today that Pacific and All American Supply, Inc. have reached an agreement pursuant to which Pacific will purchase the operating assets of All American's distribution business located in Albuquerque, New Mexico. All American... Read More

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