Mergers & Acquisition

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

Mergers & Acquisition

John Zink Company Acquires Coen Company, Inc.

April 9, 2007

TULSA, Okla. April 3:John Zink Company, LLC has finalized the acquisition of Coen Company, Inc., a privately held combustion supplier to the power generation, steam generation and process combustion markets. Coen will operate as a wholly owned subsidiary of John Zink Company. "Coen's and John Zink's Todd... Read More

Mergers & Acquisition

Advanced Handing System Inc, Morgantown, USA Bought

April 6, 2007

Advanced Handling System Inc, a subsidiary of Morgan Corporation USA, the largest truck body manufacturer in USA have been acquired by a joint venture of Joloda International Ltd UK and their North American exclusive sole distributor for Loading Automation Inc. The activities of AHS based at Morgantown, Pennyslvania... Read More

Mergers & Acquisition

InfoLogix, Inc. Completes Over-Subscribed $17 Million Private Placement and Merger with Publicly Traded New Age Translation, Inc., Creating Newly Public RFID & Healthcare Technology Company

April 6, 2007

Hatboro, PA, December 1, 2006 - InfoLogix, a leading provider of mobile technology solutions for the healthcare and commercial markets, announces the completion of a $17 million equity financing round, supported by placement agent Ferris, Baker Watts, Inc. In a concurrent transaction, the Company announced that it... Read More

Mergers & Acquisition

Interroll Steps up Business with Drum Motors for Checkout Counters

April 6, 2007

Ad hoc communication Interroll acquires Werner Motor Company in North America Sant'Antonino/Switzerland, 5th February, 2007. The Interroll Group, global leader in conveyor components and subsystems for unit load handling, has acquired Werner Motor Company Ltd., Canada, effective from 5th February 2007. The latest... Read More

Mergers & Acquisition

U.S. Steel to Acquire Lone Star Technologies

April 5, 2007

PITTSBURGH and DALLAS, March 29 -- United States Steel Corporation (NYSE:X) and Lone Star Technologies, Inc. (NYSE:LSS) announced today that they have entered into a definitive agreement under which U. S. Steel will acquire Lone Star, a leading manufacturer of welded oilfield tubular goods, for $67.50 per share in... Read More

Mergers & Acquisition

Useful Networks Acquired by Liberty Media

April 5, 2007

BERWYN, Pa. and BROOMFIELD, Colo., March 29 : TruePosition, Inc., a leading provider of wireless location solutions and a subsidiary of Liberty Media Corporation (attributed to its Liberty Capital Group), and Useful Networks, Inc., a mobile location and presence content enabling company, today announced that... Read More

Mergers & Acquisition

VWR International, Inc. Acquires Remaining Stake in KMF Laborchemie Handels GmbH

April 5, 2007

WEST CHESTER, Pa., March 29 : VWR International, Inc., a leading supplier to the global research laboratory industry, today announced that it has acquired the remaining approximately 76% interest in KMF Laborchemie Handels GmbH (KMF) effective April 1, 2007, a German-based scientific laboratory supply distributor... Read More

Mergers & Acquisition

Plasticon International, Inc. Signs Letter of Intent to Acquire AV-CB Developments

April 5, 2007

LEXINGTON, KY--March 12, 2007 -- Plasticon International, Inc. (OTCPK:PLNI - News) is pleased to announce that the Company has signed a Letter of Intent to acquire AV-CB Developments. AV-CB Developments is a joint-venture between Avest Limited Partnership and Christian Brothers Construction. AV-CB Developments... Read More

Mergers & Acquisition

UTC to Acquire Initial Electronic Security Group, Divest Guarding Businesses in U.K., Australia

April 5, 2007

HARTFORD, Conn., March 30 : United Technologies Corp. (NYSE:UTX), today announced an offer to purchase Rentokil Initial's Initial Electronic Security Group (IESG) for a purchase price of 595 million pounds Sterling ($1.16 billion). Rentokil Initial's Board of Directors has indicated its intention to accept UTC's... Read More

Mergers & Acquisition

KEMET Corporation Will Commence the Public Tender Offer for All the Shares and Loan Notes in Evox Rifa on March 12, 2007

April 5, 2007

GREENVILLE, S.C., March 9 -- KEMET Corporation (NYSE:KEM) through its wholly owned direct subsidiary KEMET Electronics Corporation ("KEMET"), announced today that it will launch its public tender offer for all of the issued and outstanding shares in Evox Rifa Group Oyj ("Evox Rifa") and for all of the loan notes... Read More

Mergers & Acquisition

Agere Stockholders Approve LSI Merger

April 4, 2007

ALLENTOWN, Pa., March 29 -- Agere Systems (NYSE:AGR) today announced that shareholders had approved a proposal related to its previously announced merger with LSI Logic (NYSE:LSI), among other business at its 2007 annual meeting. LSI shareholders also are meeting today to vote on a merger-related proposal. The... Read More

Mergers & Acquisition

Onstream Media Completes Acquisition of Auction Video

April 4, 2007

POMPANO BEACH, Fla., March 28 / -- Onstream Media Corporation (NASDAQ:ONSM), a leading online service provider of live and on- demand, digital media communications and applications, announced today that it has completed the acquisition of the assets, technology and patents pending of privately owned Auction Video... Read More

Mergers & Acquisition

Sikorsky Aircraft Finalizes Acquisition of PZL Mielec

April 4, 2007

MIELEC, Poland, March 16: Sikorsky Aircraft Corp. today closed on its acquisition of aircraft maker PZL Mielec from the Polish government. Sikorsky Aircraft is a subsidiary of United Technologies Corp. (NYSE:UTX), of Hartford, Conn., USA. Following the previously announced acquisition agreement signed in December... Read More

Mergers & Acquisition

Sonus Networks Announces Strategic Acquisition to Expand Wireless Portfolio and Capture New Market Opportunities

April 4, 2007

Sonus Acquisition of Zynetix Communications Systems Delivers Key Technology to Address Wireless Market WESTFORD, Mass., March 27 -- Sonus Networks, Inc. (NASDAQ:SONS), a leading supplier of service provider Voice over IP (VoIP) infrastructure solutions, today announced a definitive agreement to acquire... Read More

Mergers & Acquisition

CellStar Announces the Completion of the Sale of Its U.S. and Miami-Based Latin American Operations to Brightpoint

April 4, 2007

COPPELL, Texas, March 30: CellStar Corporation (OTC Pink Sheets: CLST) today announced that the Company has completed the sale of its U.S. and Miami-based Latin American operations to wholly-owned subsidiaries of Brightpoint, Inc. Substantially all of the assets of the U.S. and Miami operations were sold for a... Read More