Mergers & Acquisition

Mergers & Acquisition

Websense to Acquire SurfControl

May 16, 2007

Editor's summary: o All cash transaction valued at approximately US$400 million. o Expected to be accretive, with cost synergies of more than US$60 million. o Creates an organization with the scale to compete more effectively with large global security and software companies. o Accelerates strategic initiatives with... Read More

Mergers & Acquisition

CGI to Expand Presence in the Seattle Metro Market

May 15, 2007

Stock Market Symbols GIB.A (TSX) GIB (NYSE) FAIRFAX, VA, May 3 -- CGI Group Inc. (TSX: GIB.A; NYSE: GIB), announced today that it has acquired privately-owned information technology (IT) services firm Codesic Consulting. Founded in 1994, the Seattle based company has annual revenues of approximately US$20 million... Read More

Mergers & Acquisition

Frequent Travelers Oppose AirTran Takeover of Midwest

May 14, 2007

72% in Survey Strongly Oppose Takeover; 65% Would Avoid Flying AirTran Following a Takeover MILWAUKEE, May 2 -- Midwest Airlines (AMEX:MEH) today released results of a recent survey of Milwaukee-area frequent travelers showing strong opposition to a takeover of Midwest by AirTran Holdings, parent of AirTran... Read More

Mergers & Acquisition

Genco Shipping & Trading Limited Acquires Minority Stake in Jinhui Shipping and Transportation Limited

May 14, 2007

NEW YORK, May 2 -- Genco Shipping & Trading Limited (NYSE:GNK) today issued the following statement: On May 2, 2007, Genco Shipping & Trading Limited acquired 4,440,900 shares of the capital stock of Jinhui Shipping and Transportation Limited. Jinhui Shipping and Transportation Limited is a drybulk shipping owner... Read More

Mergers & Acquisition

Beckman Coulter and Biosite Amend Definitive Acquisition Agreement

May 14, 2007

Product lines evolve and change; please contact the company for current information. Strategic Rationale and Economics of Combination Support Increased Price of $90 per Biosite Share FULLERTON, Calif., May 1 / -- Beckman Coulter, Inc. announced today that it has entered into a revised merger agreement with... Read More

Mergers & Acquisition

Kennametal Completes Acquisition of Advanced Materials Business

May 14, 2007

LATROBE, Pa., May 2 -- Kennametal Inc. (NYSE:KMT) announced today that it has completed the previously announced acquisition of Purity Metal Holdings, Inc. and its wholly-owned subsidiary, International Specialty Alloys, Inc. (ISA). ISA manufactures high-purity specialty metal products for the aerospace, defense... Read More

Mergers & Acquisition

EGL Receives Offer from Apollo Affiliate CEVA for $43 per share

May 14, 2007

HOUSTON, May 3: EGL, Inc. (NASDAQ:EAGL) ("EGL" or the "Company"), announced today that the Special Committee of its Board of Directors has received a definitive proposal, dated May 2, 2007, from CEVA Group Plc, a public company limited by shares incorporated in England and Wales that is owned by affiliates of... Read More

Mergers & Acquisition

Spherion Acquires Dallas-Based Resulte Universal

May 11, 2007

Specialty Technology and Accounting and Finance Staffing Firm Joining Spherion in Dallas and Houston FORT LAUDERDALE, Fla., April 30 -- Spherion Corporation, a recruiting, staffing and workforce solutions provider, today announced that it has acquired Resulte Universal, a specialty technology and accounting and... Read More

Mergers & Acquisition

Standard Management/Universal Healthcare Company, LLC Announces Execution of Purchase Agreement to Acquire California Institutional Pharmacy

May 11, 2007

INDIANAPOLIS, May 1 -- Standard Management Corporation ("Standard Management" or the "Company") , an Indiana based management company, announced today that through Universal Healthcare Company, LLC ("Universal" or "UHCC"), a definitive agreement has been signed to acquire In-House Pharmacies, Inc. of San Diego... Read More

Mergers & Acquisition

Superior Essex Announces Completion of Acquisition of Nexans Canada's Magnet Wire Operations

May 11, 2007

ATLANTA, April 27 -- Superior Essex Inc. (NASDAQ:SPSX), one of the largest wire and cable manufacturers in the world, today announced that it has completed its acquisition of Nexans' magnet wire operations in Simcoe, Ontario, Canada. The transaction consists of the acquisition of key operating assets, including... Read More

Mergers & Acquisition

GFI Group Inc. to Acquire Retail Energy Procurement Business of Gulf States Energy

May 11, 2007

NEW YORK, April 26 -- GFI Group Inc. (NASDAQ:GFIG) and Gulf States Energy, Inc. announced today that GFI has agreed to acquire the assets of the retail energy procurement and consulting business of GSE Consulting L.P. ("GSEC"), an affiliate of Gulf States Energy, a privately- held, full service energy commodities... Read More

Mergers & Acquisition

TIBCO to Acquire Spotfire

May 11, 2007

Acquisition Complements Predictive Business Strategy; Combines Real-Time Infrastructure with Enterprise Analytics to Deliver Next-Generation Business Intelligence TUCON(TM), SAN FRANCISCO, May 1 -- TIBCO Software Inc. (NASDAQ:TIBX) today announced that it has signed a definitive agreement to acquire Spotfire Inc... Read More

Mergers & Acquisition

Rocket Software Europe Holding B.V. and Seagull Holding N.V. Announce Settlement of Public Offer on Shares in Seagull Holding N.V.

May 11, 2007

AMSTERDAM, ATLANTA and NEWTON, Mass., April 27: Further to the press releases of 5 December 2006, 11 January 2007, 2 February 2007, 9 February 2007, 16 March 2007, 24 April 2007 and to the offer memorandum dated 15 March 2007, Rocket Software Europe Holding B.V. ("Rocket") and Seagull Holding N.V. ("Seagull... Read More

Mergers & Acquisition

Transtar Industries Acquires Axiom Automotive Technologies

May 11, 2007

Combined companies will offer customers broader market presence, the most comprehensive product line and best-in-class distribution in auto transmission aftermarket parts CLEVELAND, May 1 -- Transtar Industries, Inc., a leading national distributor of aftermarket auto transmission repair parts, today announced that... Read More

Mergers & Acquisition

Thule Acquires Case Logic, Inc., a Global Leading Supplier of Storage and Organization Solutions

May 11, 2007

Thule Acquires Case Logic, Inc., a Global Leading Supplier of Storage and Organization Solutions MALMO, Sweden, April 30 /-- Thule, the world leader in Sports Utility Transportation, acquires Case Logic, Inc. and all subsidiaries of the US based storage and organization solutions company. Case Logic is a leading... Read More

Mergers & Acquisition

U.S. Energy Corp. Closes on Sale of Uranium Properties to sxr Uranium One

May 11, 2007

U.S. Energy and Crested Corp. Receive 6.6 Million Uranium One Common Shares and $6.6 Million in Cash RIVERTON, Wyo., May 1 -- U.S. Energy Corp. (NASDAQ:USEG) and Crested Corp. (BULLETIN BOARD: CBAG) , natural resource exploration and development companies, today announced the April 30, 2007 completion of their... Read More

Mergers & Acquisition

Mitel Announces US$723 Million Agreement to Acquire Inter-Tel

May 10, 2007

Creates A Market Leader In IP Communications Solutions For The Enterprise And SMB Markets OTTAWA, ON, and TEMPE, AZ, April 26 / -- Mitel Networks Corporation and Inter-Tel (Delaware) Incorporated (NASDAQ:INTL), today announced they have signed a definitive merger agreement whereby Mitel will acquire Inter-Tel, a... Read More

Mergers & Acquisition

Johnson Controls to Discontinue Efforts to Acquire Fiamm's Automotive Battery Business

May 10, 2007

HANOVER, Germany and MILWAUKEE, April 30: Johnson Controls, Inc. (NYSE:JCI) today announced that it has discontinued its efforts to acquire Fiamm's automotive battery business as the two firms were unable to reach an agreement on commercial terms. Johnson Controls is a global leader in interior experience, building... Read More

Mergers & Acquisition

Curtiss-Wright Acquires Scientech, LLC

May 10, 2007

Expands Capabilities in High Growth Commercial Nuclear Power Market ROSELAND, N.J., May 8 / -- Curtiss-Wright Corporation (NYSE: CW) announced today that it has acquired the assets of Scientech, LLC of Idaho Falls, Idaho, for approximately $57.8 million. Scientech is a global provider of commercial nuclear... Read More

Mergers & Acquisition

Houston Exploration Special Meeting of Stockholders Scheduled for June 5, 2007

May 10, 2007

HOUSTON, April 30 / -- The Houston Exploration Company (NYSE:THX) today announced that it has scheduled a special meeting of stockholders on June 5, 2007, at 11:00 a.m. Central time at the Four Seasons Hotel, 1300 Lamar Street, Houston, Texas 77010, to consider and vote on the proposal to adopt the Agreement and... Read More