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Mergers & Acquisitions News
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(Showing headlines 3001 - 3020) << 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 ...
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Honeywell Acquires Dimensions International
Honeywell, Inc., Industrial Automation & Control
Phoenix, AZ 85023
May 22, 2007 Expands Ability to Provide Comprehensive, Cost-Competitive Solutions for DoD Equipment Reset More.... |
Freudenberg-NOK to Sell Its Traditional Aftermarket Business - Consisting of Engine Gaskets, Power Steering Hose and Engine and Transmission Mounts to ROL Manufacturing
Freudenberg-NOK
Plymouth, MI 48170
May 22, 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 More.... |
Power Technology Signs Letter of Intent to Sell Sentry Power Subsidiary for $1,000,000
Power Technology, Inc.
Little Rock, AR 72219 1117
May 22, 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 stock of the publicly traded purchaser's securities, and is subject to normal due More.... |
Alcan's Board Recommends Shareholders Reject Alcoa Offer
Alcan, Inc.
Montreal, QC H3A3G2
May 22, 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 shareholders. Accordingly, the Board recommends that Alcan shareholders not tender More.... |
Gerber Scientific Announces the Acquisition of Data Technology, Inc.
Gerber Scientific Products, Inc.
South Windsor, CT 06074
May 22, 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 graphics More.... |
Pacific Internet Hong Kong Acquires Services-Based Operator (SBO) Licence
Pacific Internet Ltd.
The Rutherford 118261 Singapore
May 22, 2007 Critical milestone achieved for entry into the IP Telephony Market in Hong More.... |
BIO-key Announces Sale of Fire Safety Division to NYSE Listed Company
BIO-key International, Inc.,
Wall, NJ 07719
May 21, 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. Proceeds from the transaction will be applied to repaying debt and will be used for More.... |
Duquesne Light Holdings Declares Special Pro Rata Dividend in Preparation for Completion of Merger with Macquarie Consortium
Duquesne Light Co.
Pittsburgh, PA 15279
May 21, 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 DUET More.... |
EGL Announces Increase in Offer from CEVA to $47.50 and Determines that it is a Superior Proposal
EGL Eagle Global Logistics
Houston, TX 77032
May 21, 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 consideration to holders of EGL common stock to $47.50 per share in cash. The More.... |
CheckFree Strengthens Investment Services Leadership with Acquisition of Upstream Technologies LLC
CheckFree Corp.
Owings Mills, MD 21117
May 21, 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 More.... |
Patrick Industries Completes Acquisition of Adorn, LLC
Patrick Industries, Inc.
Elkhart, IN 46515
May 21, 2007 ELKHART, Ind., May 21: Paul E. Hassler, President and CEO of Patrick Industries, Inc. (NASDAQ:PATK) today announced that Patrick has completed the acquisition of Adorn, LLC, a manufacturer and supplier of interior components to the recreational vehicle (RV) and manufactured housing (MH) More.... |
DCP Midstream and DCP Midstream Partners Announce Acquisitions
DCP Midstream,
Denver, CO 80202
May 21, 2007 o DCP Midstream Expands Operating Footprint Into New Basins With $635 Million Acquisition o DCP Midstream Partners Agrees to Acquire Certain Assets From General Partner for $165 More.... |
Providence Equity Partners Acquires Majority Control of Decision Resources
Decision Resources, Inc.
Pittsburgh, PA 15222
May 21, 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 Company. With the additional resources that Providence provides, Decision More.... |
On2 Technologies Announces Acquisition of Hantro Products, a Leader in Embedded Video Technology
On2 Technologies, Inc.
New York, NY 10036
May 21, 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 acquisition is intended to accelerate the deployment of On2's technology on More.... |
DTE Energy to Sell Antrim Shale Gas Properties
DTE Energy Technologies, Inc.
Farmington Hills, MI 48335
May 20, 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 More.... |
Andover Medical, Inc. Closes Acquisition of Ortho-Medical Products, Inc.
Andover Medical Development Group, Inc.
Lawrence, MA 01843
May 18, 2007 NORTH ANDOVER, Mass., May 18 -- 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 closed the acquisition of Ortho-Medical Products, Inc. ("OMI"). To review full details of the transaction, please review the company's form 8-K filed More.... |
CH2M HILL in Acquisition Discussions with VECO Corporation
CH2M Hill
Englewood, CO 80112
May 18, 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 More.... |
EnerSys Acquires Bulgarian Battery Company
EnerSys, Inc.
Reading, PA 19612-4145
May 18, 2007 READING, Pa., May 18 / -- EnerSys (NYSE:ENS), the world's largest manufacturer, marketer, and distributor of industrial batteries, today announced that it has completed the acquisition of Energia AD, a producer of industrial batteries, located in Targovishte, Bulgaria. The total purchase price for this transaction including transaction fees is approximately 13 million euro, approximately $17 More.... |
Equifax Announces Results of Elections for Merger Consideration
Equifax, Inc.
Alpharetta, GA 30005
May 18, 2007 ATLANTA, May 18 / -- As previously announced, Equifax Inc. (NYSE:EFX) completed its acquisition of TALX Corporation on May 15, 2007. Equifax today announced the final results of elections made by TALX shareholders regarding their preferences as to the form of merger consideration they will receive in the acquisition. Under the merger agreement, shareholders were entitled to elect to receive, More.... |
Cisco Receives Foreign Regulatory Approvals Required to Acquire WebEx
Cisco Systems, Inc.
San Jose, CA 95134
May 18, 2007 SAN JOSE, Calif., May 18 -- Cisco Systems, Inc. (NASDAQ:CSCO) today announced that it has received the remaining foreign regulatory approvals required under the merger agreement for it to consummate the tender offer for all outstanding shares of WebEx Communications, Inc. More.... |
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