Mergers & Acquisitions

Mergers & Acquisitions

Phoenix Announces Agreement to Be Acquired by Marlin Equity Partners for $3.85 per Share in Cash

MILPITAS, Calif., Aug. 17 - Phoenix Technologies Ltd. (NASDAQ:PTEC), the global leader in core systems software (CSS), today announced it has entered into a definitive merger agreement with affiliates of Marlin Equity Partners ( Marlin") under which Marlin will acquire all outstanding shares of Phoenix Technologies Ltd. ("Phoenix") common stock for $3.85 per share in cash (the "Marlin...

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Mergers & Acquisitions

Broadridge Signs Agreement to Acquire NewRiver, Inc., a Leading Innovator in Electronic Investor Disclosure

Broadridge Financial Inc. announced the acquisition of NewRiver, Inc. for aproximately $77 million. A Broadridge spokesperson will be available all day for interviews. Please contact Jenna Focarino of The Torrenzano Group at (212)681-1700 ext. 115 to arrange an interview. Lake Success, N.Y. - August 17, 2010 - Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that it has signed an...

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Mergers & Acquisitions

CGI Expected to Complete Acquisition of Stanley Today

Tender offer for all outstanding shares of Stanley is complete; over 95% tendered Note: Dollar amounts are in USD, unless otherwise noted FAIRFAX, VA, Aug. 17 - CGI Group Inc. ( CGI") (NYSE: GIB; TSX: GIB.A), a leading provider of information technology and business processing services, announced today that CGI Fairfax Corporation ("CGI Fairfax") has completed its cash tender offer (the "Offer")...

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Mergers & Acquisitions

Medtronic Signs Agreement to Acquire Osteotech

Acquisition Will Expand Product Offering, Pipeline and New Markets for Biologics Business MEMPHIS, Tenn., Aug. 17 - Medtronic Inc., (NYSE: MDT) and Osteotech, Inc., (NASDAQ:OSTE) today announced that the companies have signed a definitive agreement under which Medtronic will acquire Osteotech for $6.50 per share in cash for each share of Osteotech common stock. The total value of the transaction...

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Mergers & Acquisitions

L.B. Foster Company Announces Extension of Tender Offer for Portec Rail Products, Inc

PITTSBURGH, Aug. 16 - L.B. Foster Company ( L.B. Foster", Nasdaq: FSTR) today announced that it is extending its previously announced cash tender offer, through its wholly-owned subsidiary Foster Thomas Company, for all outstanding shares of common stock of Portec Rail Products, Inc., until 12:00 midnight, New York City time, on August 30, 2010. The tender offer was previously set to expire at...

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Mergers & Acquisitions

SAIC Completes Acquisition of Reveal Imaging Technologies, Inc.

MCLEAN, Va., Aug. 16 - Science Applications International Corporation (SAIC) (NYSE:SAI) today announced that it has completed the acquisition of Reveal Imaging Technologies, Inc., a leading threat detection products and services company. Reveal is headquartered in Bedford, Mass. Reveal supports the efforts of the Transportation Security Administration (TSA), and other customers in the airport and...

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Mergers & Acquisitions

Airgas Comments on Air Products' Tender Offer Extension and Announcement Regarding Consent Decree

RADNOR, PA - August 16, 2010 - Airgas, Inc. (NYSE: ARG) today issued a statement regarding the third extension by Air Products & Chemicals, Inc. (NYSE: APD) ( Air Products") of its unsolicited tender offer. The Airgas Board of Directors continues to believe that Air Products' unsolicited tender offer is extremely opportunistic and does not fairly compensate Airgas stockholders for Airgas'...

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Mergers & Acquisitions

Air Products Signs Consent Decree with FTC Staff for Airgas Acquisition

Extends Tender Offer LEHIGH VALLEY, Pa., Aug. 16 - Air Products (NYSE: APD) today announced it has reached an agreement with the Staff of the Federal Trade Commission (FTC) on the terms of a Consent Decree in connection with the acquisition of Airgas, Inc. (NYSE:ARG). The Consent Decree would permit Air Products to acquire Airgas subject to the divestiture of certain assets and would also permit,...

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Mergers & Acquisitions

Computershare Acquires Stake in Solium Capital

Expanding offering to North American stock option plan clients NEW YORK and TORONTO, Aug. 16 -- Computershare Limited , a leading financial services provider for the global securities industry, today announced it is acquiring a 20% stake in Solium Capital Inc. ( Solium") (TSX: SUM), a leading, global provider of web-based stock option plan administration technology and services and a publicly...

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Mergers & Acquisitions

Trimble Acquires Accubid Assets to Expand Its Building Construction Solutions

SUNNYVALE, Calif., Aug. 13 - Trimble (NASDAQ: TRMB) announced today it has acquired the assets of privately-held Accubid Systems based in Concord, Ontario, Canada. Accubid is a leading provider of estimating, project management and service management software and services for electrical and mechanical contractors. Financial terms were not disclosed. Accubid's family of software products allow...

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