Mergers & Acquisitions

Mergers & Acquisitions

Arbinet Announces Stockholder Approval of Merger with Primus

HERNDON, Va., Feb. 25, 2011 - Arbinet Corporation (Nasdaq: ARBX), a leading provider of telecommunications services to fixed and mobile operators, announced today that the company's stockholders have approved and adopted Arbinet's merger agreement with Primus. At a special meeting of Arbinet stockholders held today, Arbinet stockholders approved the definitive merger agreement, which the company...

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Mergers & Acquisitions

FirstEnergy-Allegheny Energy Merger Closes Effective Today

AKRON, Ohio, Feb. 25, 2011 - FirstEnergy Corp. (NYSE: FE) announced that its merger with Allegheny Energy, Inc. (NYSE: AYE), has closed, effective today, marking the beginning of combined operations. This follows the company's acceptance of conditions included in yesterday's Pennsylvania Public Utility Commission approval. We are pleased to have completed our merger and look forward to delivering...

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Mergers & Acquisitions

Endeavour Closes Bacchus Transaction

HOUSTON, Feb. 24, 2011 - Endeavour International Corporation (NYSE Amex: END) (LSE: ENDV) today announces that its wholly owned subsidiary, Endeavour Energy U.K. Ltd., has received all the approvals necessary to finalize the acquisition of an additional 20% working interest in the Bacchus field in the North Sea from Shell U.K. Limited. As a result of the transaction, Endeavour has a total working...

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Mergers & Acquisitions

Quest Diagnostics to Acquire Athena Diagnostics, Establishing Leading Position in Rapidly Growing Neurology Testing Market

Addition of Premier Provider of Neurology Testing to Complement Quest Diagnostics' Leadership in Testing for Cancer, Infectious Disease and Cardiovascular Disease MADISON, N.J., Feb. 24, 2011 - Quest Diagnostics Incorporated (NYSE: DGX), the world's leading provider of diagnostic testing, information and services, announced today that it has signed a definitive agreement to acquire Athena...

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Mergers & Acquisitions

KPMG to Provide Broader Global Outsourcing Advisory Services through Acquisition of EquaTerra

Acquisition Reflects KPMG Growth Strategy to Identify Service Opportunities for High Demand Market Sectors NEW YORK and LONDON, Feb. 22, 2011 - KPMG LLP (US), KPMG Holdings Limited (UK) and KPMG International today announced the closing of an agreement to acquire the business of advisory firm EquaTerra. The acquisition creates one of the broadest global sourcing and shared services advisory...

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Mergers & Acquisitions

Elbit Systems Reaches Agreement to Acquire Balance of Elisra's Shares Held by Elta Systems for $67.5 Million

HAIFA, Israel, February 22, 2011 - Elbit Systems Ltd. (NASDAQ and TASE :ESLT) ( Elbit Systems ) announced today that it has reached an agreement to acquire the remaining 30% of the shares of Elisra Electronic Systems Ltd. ( Elisra ), held by Elta Systems Ltd. ( Elta ) (a subsidiary of Israel Aerospace Industries Ltd.) for $67.5 million. Elbit Systems currently owns 70% of Elisra's shares, and...

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Mergers & Acquisitions

Harris Corporation to Acquire Carefx - a Leading Provider of Healthcare Interoperability Workflow Solutions

MELBOURNE, Fla. and SCOTTSDALE, Ariz., Feb. 22, 2011 Highlights: o Acquisition will expand Harris' ability to provide trusted solutions at the intersection of life and data to government and commercial healthcare providers o Carefx solution suite used by more than 800 hospitals, healthcare systems and health information exchanges across North America, Europe and Asia o Fusionfx(TM) platform gives...

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Mergers & Acquisitions

Quickparts Joins 3D Systems Corporation

Atlanta, GA - February 22, 2011 - Quickparts (http://www.quickparts.com), a leading provider of custom designed parts, ranging from rapid prototyping to plastic injection molding, announced today that it was acquired by 3D Systems Corporation (NASDAQ: TDSC). Quickparts has served the product development market since 1999, utilizing their patented QuickQuote® instant quoting technology. The...

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Mergers & Acquisitions

Tyco International to Acquire Signature Security

Transaction Brings Together Signature Security with Tyco's ADT Business, Creating Stronger Player in the Australian and New Zealand Security Industry SCHAFFHAUSEN, Switzerland, Feb. 23, 2011 - Tyco International Ltd. (NYSE: TYC) announced today that it has reached an agreement with Oceania Capital Partners Limited (ASX: OCP) to acquire OCP's Signature Security Group for AU $171 million. Tyco...

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Mergers & Acquisitions

EnPro Industr22ies Announces Completion of Mid Western Companies Acquisition

CHARLOTTE, N.C., Feb. 22, 2011 - EnPro Industries, Inc. (NYSE: NPO), a leading manufacturer of engineered industrial products, announced today that it has closed the acquisition of the Mid Western companies, privately held businesses primarily serving the oil and gas drilling, production and processing industries in Western Canada. EnPro announced an agreement to acquire the Mid Western companies...

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