Mergers & Acquisitions

Mergers & Acquisitions

Advantage IQ Acquires the Loyalton Group

Acquisition strengthens energy procurement and risk management service offerings and adds vertical industry expertise SPOKANE, Wash., Dec. 8, 2010 - Advantage IQ, Inc., a leading provider of strategic energy management solutions and a subsidiary of Avista Corp. (NYSE: AVA), announced today that it has entered into an agreement to acquire The Loyalton Group, a Minneapolis-based energy management...

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Mergers & Acquisitions

EarthLink Completes ITC^DeltaCom Acquisition

ATLANTA,Dec. 8, 2010 - EarthLink, Inc. (Nasdaq: ELNK) today announced that it has completed its acquisition of ITC^DeltaCom, Inc., a leading provider of integrated communications services to customers in the southeastern United States, in a transaction valued at approximately $524 million. Under the terms of the merger agreement, ITC^DeltaCom (Deltacom) stockholders are receiving $3.00 in cash...

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Mergers & Acquisitions

Keithley Instruments Acquired by Danaher Corporation

CLEVELAND, Dec. 8, 2010 - Keithley Instruments, Inc. (NYSE: KEI), a world leader in advanced electrical test instruments and systems, today announced completion of the merger of Aegean Acquisition Corporation, an indirect wholly owned subsidiary of Danaher Corporation, into Keithley pursuant to the previously announced Merger Agreement dated September 29, 2010 among Danaher Corporation, Aegean...

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Mergers & Acquisitions

Tyco Electronics Successfully Completes Tender Offer for ADC Shares

SCHAFFHAUSEN, Switzerland, Dec. 9, 2010 - Tyco Electronics Ltd. (NYSE: TEL) announced today the successful completion of its tender offer through its subsidiary, Tyco Electronics Minnesota, Inc., to purchase the outstanding shares of common stock of ADC Telecommunications, Inc. (Nasdaq: ADCT). The tender offer expired at 5:00 p.m., New York City time on Wednesday, Dec. 8, 2010, and was not...

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Mergers & Acquisitions

Trimble Acquires Tata AutoComp Mobility Telematics from Tata AutoComp Systems in India to Expand Its Mobile Solutions

SUNNYVALE, Calif., Dec. 9, 2010 - Trimble (Nasdaq: TRMB) announced today it has acquired Tata AutoComp Mobility Telematics Limited (TMT), a wholly-owned company of Tata AutoComp Systems Limited of Pune, India. TMT is a leading provider of telematics solutions and Mobile Resource Management (MRM) services in India and serves large customers such as Bharat Petroleum Corp. Ltd. as well as Tata Group...

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Mergers & Acquisitions

Forward Industries to Acquire Consumer Electronics Accessories Company

NEW YORK, Dec. 8, 2010 - Forward Industries, Inc. (Nasdaq: FORD) (the Company" or "Forward") is pleased to announce that it has signed a Letter of Intent to acquire Flash Ventures, Inc., the leader in professional sports and college team- branded consumer electronics peripherals and accessories. Flash Ventures has product distribution in more than 3,000 retail locations, including five of the top...

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Mergers & Acquisitions

Air Products Makes Best and Final Offer for Airgas; Increases All-Cash Offer to $70 Per Share

LEHIGH VALLEY, Pa., Dec. 9, 2010 - Air Products (NYSE: APD) today announced it has increased its fully financed cash tender offer to acquire all of the outstanding shares of Airgas, Inc. (NYSE: ARG) to $70 per share. This is Air Products' best and final offer for Airgas and will not be further increased. It provides a 61% premium to Airgas' closing price on February 4, 2010, the day before Air...

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Mergers & Acquisitions

BASF Completes Acquisition of Cognis

Integration process started Detailed integration plans expected at the end of Q1 2011 LUDWIGSHAFEN, Germany, Dec. 10, 2010 - BASF successfully completed its acquisition of Cognis Holding GmbH from Cognis Holding Luxembourg S.a r.l. controlled by Permira Funds, GS Capital Partners and SV Life Sciences yesterday (December 9, 2010). The equity purchase price was euro 700 million. Including net...

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Mergers & Acquisitions

Bosch Acquires RTI Technologies Co., Ltd.

Technical specialist in field of automotive maintenance equipment Growth opportunity for Automotive Aftermarket Business globally STUTTGART, Germany, Dec. 8, 2010 o Acquisition presents new business opportunity for Bosch Diagnostics o Bosch to expand in automotive air conditioning service market The Bosch Group's Automotive Aftermarket business announced it has acquired RTI Technologies Co., Ltd....

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Mergers & Acquisitions

Xyratex Expands Product Portfolio

Positions Xyratex for Growth in Media and Head Test Markets for Hard Disk Drives HAVANT, England, Dec. 8, 2010 - Xyratex Ltd (Nasdaq: XRTX), a leading provider of enterprise class data storage subsystems and storage process technology, announced today that it has acquired the HDD component test related business and assets of Magnetic Recording Solutions, Inc. (MRS), including a 10 person...

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