Mergers & Acquisitions

Mergers & Acquisitions

Aerospace Component Manufacturers AbelConn, Photo Etch Merge to Create Major Industry Player

Companies will offer expanded product lines with continuous improvement of speed and reliability NEW HOPE, MN & FORT WORTH, TX - Nov. 16, 2010 -- A merger between two aerospace specialty manufacturers - Photo Etch and AbelConn - has created a major player in the industry. Working together, the companies can provide more products and services to their extensive slate of clients, which includes the...

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Mergers & Acquisitions

Expedia to Acquire Mobile Travel Apps Powerhouse Mobiata

Online travel leader to accelerate mobile app development, further enable travelers worldwide to shop and book on the go BELLEVUE, Wash. and ANN ARBOR, Mich., Nov. 18, 2010 -- Expedia, Inc. (Nasdaq: EXPE) today announced that it has entered into an agreement to acquire Mobiata(TM), creator of best selling mobile travel applications including FlightTrack(TM). The deal marks Expedia's most...

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Mergers & Acquisitions

Thermadyne Holdings Corporation Announces Pricing of and Increase in Offering of Senior Secured Notes

ST. LOUIS, MO - November 18, 2010 - Thermadyne Holdings Corporation (NASDAQ:THMD) today announced that Razor Merger Sub Inc. has priced a private offering of senior secured notes due 2017 in connection with the acquisition of Thermadyne by affiliates of Irving Place Capital. The offering was increased to $260,000,000 from the originally announced offering of $250,000,000. The notes will be sold...

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Mergers & Acquisitions

Power Sources Unlimited, Inc. Buys Assets of 1U Power LLC for an Undisclosed Amount

Wrentham, MA -- Power Sources Unlimited, Inc. a unique distributor, having a focused and synergistic line of ONLY power products recently announced that it has signed and executed a definitive agreement to acquire the assets of 1U Power LLC for an undisclosed amount. The acquisition is expected to close in late December 2010. The Company will finance the acquisition using available cash and...

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Mergers & Acquisitions

VeriFone to Acquire Hypercom to Accelerate Global Expansion

Extends VeriFone's Global Presence into Key Markets in Continental Europe Transaction Expected to be Solidly Accretive to VeriFone SAN JOSE, Calif. and PHOENIX, Ariz., November 17, 2010 - VeriFone Systems, Inc. (NYSE: PAY), a global leader in secure electronic payment solutions, and Hypercom Corporation (NYSE: HYC), the high security electronic payment and digital transactions solutions provider,...

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Mergers & Acquisitions

Allegheny Technologies to Acquire Ladish

PITTSBURGH, Pennsylvania -- November 17, 2010 -- Allegheny Technologies Incorporated (NYSE: ATI) and Ladish Co., Inc. (NASDAQ: LDSH) today announced that they have entered into a definitive merger agreement whereby ATI will acquire Ladish for an aggregate fully distributed equity value of approximately $778 million. Ladish shareholders will receive $24.00 in cash and 0.4556 of a share of ATI...

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Mergers & Acquisitions

NAVTEQ Acquires PixelActive

Acquisition Reinforces the Company's Commitment to Leadership in 3D Mapping CHICAGO, Nov. 17, 2010 -- NAVTEQ, the leading global provider of maps, traffic and location data enabling navigation, location-based services and mobile advertising around the world, has acquired PixelActive. The acquisition is an extension of NAVTEQ's strategy to accelerate expansion from a 2D to 3D map, as well as...

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Mergers & Acquisitions

Newfield Exploration to Expand Acreage Position in Marcellus Shale

Company signs agreement to acquire approximately 50,000 net acres in Bradford County, PA HOUSTON, Nov. 15, 2010 -- Newfield Exploration Company (NYSE: NFX) today announced the signing of a purchase and sale agreement with EOG Resources, Inc., for approximately 50,000 net acres in the Marcellus Shale. Substantially all the acreage is located in Bradford County, Pennsylvania, in the Susquehanna...

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Mergers & Acquisitions

Parker Acquires Gulf Coast Seal Limited to Build on Its Oil and Gas Market Position and Extend Its Quick Response Service Model

CLEVELAND, Nov. 16, 2010 -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it has acquired Gulf Coast Seal Limited based in Houston, Texas. Gulf Coast Seal (GCS) is a leading provider of highly engineered elastomeric and plastic sealing components and sub-systems for use in offshore oil and gas applications as well as quick...

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Mergers & Acquisitions

Suntech to Acquire 375MW of Wafer Manufacturing Capacity

Vertical Integration Expected to Reduce Cost and Improve Profitability SAN FRANCISCO and WUXI, China, Nov. 17, 2010 -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of solar panels, today announced that it is in the process of acquiring 375MW of ingot and wafer slicing capacity in China. The wafer manufacturing capacity is being spun off from a subsidiary of Glory...

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