Mergers & Acquisition

Mergers & Acquisition

LSI Completes Merger with Agere Systems

April 12, 2007

MILPITAS, Calif., April 2:LSI Logic Corporation (NYSE:LSI) announced today that it has completed its merger with Agere Systems Inc. (NYSE:AGR), effective April 2, and that it will rename the newly merged company LSI Corporation. The company will continue to trade under the stock symbol LSI on the New York Stock... Read More

Mergers & Acquisition

Georgia-Pacific Completes Acquisition of International Paper Wood Products Facilities

April 12, 2007

ATLANTA, April 2 -- Georgia-Pacific LLC today announced that Georgia-Pacific Wood Products South LLC has completed the purchase of five wood products sites from International Paper. Announced last December, the acquisition totaled approximately $237 million, including working capital. "These are value-added... Read More

Mergers & Acquisition

Granite Construction Completes Superior Acquisition

April 12, 2007

WATSONVILLE, Calif., April 3 -- Granite Construction Incorporated (NYSE:GVA) announced today the completion of its acquisition of certain assets of The Superior Group of Companies, a Pacific Northwest-based construction materials producer and asphalt paving company. The acquisition closed consistent with the details... Read More

Mergers & Acquisition

Racine Federated Announces the Acquisition of the Liquid Vortex Flow Meter Product Line from Asahi/America, Inc

April 11, 2007

Racine, Wisconsin, USA, April 1: Racine Federated Inc. (RFI), President and CEO John E. Erskine and Harry Aiba, CEO and Chairman of the Board of Asahi/America, Inc. of Malden, MA announce the signing of an agreement for the acquisition of the Asahi/America vortex flow meter product lines by Racine Federated... Read More

Mergers & Acquisition

Parker Acquires Asian Technology Company Which Produces Critical Elastomer Seals for Precision Markets

April 11, 2007

CLEVELAND, April 3 -- Parker Hannifin Corporation (NYSE: PH), the world leader in motion and control technologies, today announced the acquisition of Rayco Technologies, an Asian elastomer and seal technology company with compounding, mixing and precision molding capabilities that serves several high-end markets... Read More

Mergers & Acquisition

AAR Acquires Brown International

April 11, 2007

WOOD DALE, Ill., April 3 -- AAR (NYSE:AIR) today announced that it has acquired Brown International Corporation (Brown), a privately held defense contractor that provides engineering, design, manufacturing and systems integration services. The acquired business will operate as part of AAR's Structures and Systems... Read More

Mergers & Acquisition

Avcorp Acquires Composites Operation

April 11, 2007

VANCOUVER, April 3: Avcorp Industries Inc. (TSX."AVP") is pleased to announce that it has entered into an agreement to acquire all of the shares of Comtek Advanced Structures Ltd (Comtek), which has expertise in the design and low-cost manufacture of advanced composite aerostructures. "The combined companies would... Read More

Mergers & Acquisition

CheckFree Completes Carreker Acquisition

April 11, 2007

ATLANTA, April 2 -- CheckFree Corporation (NASDAQ:CKFR) today announced it has completed its acquisition of Carreker Corporation. Under the terms of the agreement, CheckFree has acquired all of the outstanding shares of Carreker common stock at a price of $8.05 per share, for a total purchase price of approximately... Read More

Mergers & Acquisition

ATK to Acquire Swales Aerospace

April 11, 2007

MINNEAPOLIS and BALTIMORE, April 3: Alliant Techsystems (NYSE:ATK) announced today that it intends to acquire Swales Aerospace, a premier provider of satellite components and subsystems, small spacecraft and engineering services for NASA, Department of Defense and commercial satellite customers. The transaction is... Read More

Mergers & Acquisition

AudioCodes Announces Completion of Acquisition of CTI Squared Ltd.

April 11, 2007

LOD, Israel, April 4: AudioCodes, a leading provider of Voice over Packet (VoP) technologies and Voice Network products, today announced the successful completion of its previously announced acquisition of CTI Squared Ltd. ("CTI2"), a leading provider of enhanced messaging and communications platforms deployed... Read More

Mergers & Acquisition

Andover Medical, Inc. to Acquire Ortho-Medical Products, Inc.

April 11, 2007

NORTH ANDOVER, Mass., April 4: Andover Medical, Inc. (BULLETIN BOARD: ADOV.OB) , a single source provider of orthopedic, podiatric and urological durable medical equipment ("DME") and incontinence treatment solutions, announced today that it has entered into a definitive merger agreement to acquire Ortho-Medical... Read More

Mergers & Acquisition

Allied Waste Industries, Inc. Announces Completion of Buy Sell Transaction

April 11, 2007

PHOENIX, April 2: Allied Waste Industries, Inc. (NYSE:AW) today announced that it has acquired the Arizona collection operations of Waste Services, Inc., (NASDAQ:WSII) two transfer stations and a landfill also located in Arizona. Additionally, Allied Waste Industries, Inc. sold its south Florida operations to Waste... Read More

Mergers & Acquisition

Acquisition of Centex Construction a Major Step in Balfour Beatty's U.S. Strategy

April 11, 2007

Balfour Beatty's U.S. revenues to top $3.5 billion in 2007/2008 DALLAS, April 5 -- Balfour Beatty plc, UK's largest construction company has completed the acquisition of Centex Construction, a leading U.S. construction management company, for a cash consideration of $367 million. The acquisition from Centex... Read More

Mergers & Acquisition

AboveNet Acquires Metro Fiber from AT&T and Verizon

April 11, 2007

Fiber Access Facilities Expanded in Los Angeles, Chicago, New York, Washington/Baltimore and Philadelphia NEW YORK, April 4 -- AboveNet, Inc., a provider of fiber based connectivity solutions for businesses and carriers, today announced the acquisition of IRUs in, or service agreements for, 60 building access fiber... Read More

Mergers & Acquisition

CCC Information Services Inc. Acquires Integrated Collision Management

April 11, 2007

Move continues CCC's commitment to delivering leading workflow solutions to collision repairers CHICAGO, April 3 -- CCC Information Services Inc. announced today it has acquired Integrated Collision Management, a leading provider of shop management software to the collision industry. Today's move underscores CCC's... Read More

Mergers & Acquisition

German Authorities Approve Acquisition of Evox Rifa Group Oyj by KEMET Corporation

April 10, 2007

Greenville, South Carolina (April 4, 2007) - KEMET Corporation (NYSE:KEM) today announced that the German competition authority has approved KEMET's acquisition of Evox Rifa Group Oyj through its wholly owned direct subsidiary, KEMET Electronics Corporation, pursuant to the public tender offer launched on March 12... Read More

Mergers & Acquisition

Basic Energy Services Agrees to Acquire Sledge Drilling Holding Corp.

April 9, 2007

MIDLAND, Texas, March 15: Basic Energy Services, Inc. (NYSE:BAS) ("Basic") announced today it has signed a definitive agreement to acquire all of the outstanding capital stock of Sledge Drilling Holding Corp. ("Sledge") for total consideration of approximately $51 million, including $10 million in shares of Basic... Read More

Mergers & Acquisition

Protonex Acquires Solid Oxide Fuel Cell and Fuel Reforming Leader Mesoscopic Devices

April 9, 2007

SOUTHBOROUGH, MA; March 26: Protonex Technology Corporation (LSE: PTX), a leading manufacturer of high-performance proton exchange membrane (PEM) fuel cell power systems, announced today that it has entered into an agreement to acquire Mesoscopic Devices, an industry leader in solid oxide fuel cell (SOFC... Read More

Mergers & Acquisition

Cree Completes Acquisition of COTCO Luminant Device

April 9, 2007

DURHAM, NC, April 2: Cree, Inc. (Nasdaq: CREE), a leader in LED lighting, today announced that it has completed the acquisition of privately held COTCO Luminant Device Limited ("COTCO"), headquartered in Hong Kong. Cree's intention to acquire COTCO was announced March 12, 2007. The acquisition of COTCO, a leading... Read More

Mergers & Acquisition

Delta Coatings Acquires Federated Paint and Midwest Lacquer

April 9, 2007

MELROSE PARK, ILL. - April 2,: Delta Coatings Corporation, a developer and manufacturer of paints primers and environmental coatings used throughout the container and drum industries, OEM/General Industrial and transportation industries, today announced that it has acquired Federated Paint and Midwest Lacquer, a... Read More