Mergers & Acquisitions

Mergers & Acquisitions

ISS and Glass Lewis Recommend Cholestech Stockholders Vote 'FOR' Merger

HAYWARD, Calif., Sept. 10-- Cholestech Corporation (NASDAQ:CTEC) today announced that Institutional Shareholder Services (ISS) and Glass Lewis, two leading independent proxy advisory firms, recommended that Cholestech stockholders vote FOR" the merger transaction between Cholestech and Inverness Medical Innovations, Inc. (AMEX:IMA) and Iris Merger Sub, Inc., a wholly owned subsidiary of...

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Mergers & Acquisitions

ITT Corporation Completes Acquisition of International Motion Control

WHITE PLAINS, N.Y., Sept. 10 -- ITT Corporation (NYSE:ITT) today announced it has completed the acquisition of International Motion Control (IMC). Buffalo, N.Y.-based IMC is a global developer of motion control products with 2006 revenues of approximately $200 million. The acquisition agreement was announced on June 26 this year. We're pleased to report the transaction closed smoothly and ahead...

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Mergers & Acquisitions

MediaREADY Signs Letter of Intent to Acquire Shandong Jiajia International

Diversified Chinese Company Brings Over $36 million in Annual Revenue FORT LAUDERDALE, Fla., Sept. 10 -- MediaREADY, Inc. (BULLETIN BOARD: MRED) , a provider of innovative interactive, media-convergent entertainment devices, announced today that it has signed a letter of intent to acquire controlling interest of Shandong Jiajia International Freight & Forwarding Co., Ltd. ( Shandong Jiajia"), a...

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Mergers & Acquisitions

TANDBERG to Acquire Codian  

o Acquisition provides immediate products, solutions and resources for seizing current growth opportunities; enhances TANDBERG technology leadership NEW YORK and OSLO, Norway, September 6, 2007 - TANDBERG® (OSLO: TAA.OL), a global leader in visual communication, today announced the acquisition of Codian, an award-winning developer of high-definition videoconferencing infrastructure...

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Mergers & Acquisitions

Martel Electronics Corporation Acquires Murch Associates and New Facility

Martel Electronics Corporation announced that it will acquire Murch Associates, a supplier, manufacturer and assembler of mechanical parts for hydraulic and pneumatic test pumps. Martel has also announced that it will be moving all of its offices and manufacturing to a newly built facility in late 2008. Londonderry, NH August 16, 2007 -- Martel Electronics Corporation has completed its...

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Mergers & Acquisitions

Ingersoll-Rand to Sell its Bobcat, Utility Equipment and Attachments Business Units for $4.9 Billion

Hamilton, Bermuda, July 29, 2007-Ingersoll-Rand Company Limited (NYSE:IR) today announced that it has agreed to sell its Bobcat, Utility Equipment and Attachments business units to Doosan Infracore for cash proceeds of approximately $4.9 billion. The sale is subject to customary closing conditions and is targeted to close early in the 2007 fourth quarter. The combined businesses manufacture and...

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Mergers & Acquisitions

Incentra Solutions Expands U.S. Market Presence to East Coast with Acquisition of New Jersey-Based SSI

Creates Nationwide Footprint as Complete Solutions Provider, Positions Company for Further Growth BOULDER, Colo., Sept. 6 /-- Incentra Solutions, Inc. (BULLETIN BOARD: ICNS) , a provider of complete IT and storage management solutions to enterprises and managed service providers in North America and Europe, today announced that it has acquired Meutchen, NJ-based Sales Strategies, Inc., doing...

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Mergers & Acquisitions

Image Solutions, Inc. Acquires Zurich Biostatistics, Inc

Legacy of Regulatory Submissions Leadership Strengthened with Clinical Trials Services and Standards-Based Data Management WHIPPANY, N.J. and ATLANTA, Sept. 6 -- Image Solutions, Inc. (ISI) announced today it agreed to terms to acquire Zurich Biostatistics, Inc. (ZBI). With the Life Sciences industry moving to standards-based regulatory submissions, the acquisition further strengthens ISI's...

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Mergers & Acquisitions

Spartech Corporation Announces Agreement to Purchase Packaging Business

ST. LOUIS, Sept. 6 -- Spartech Corporation (NYSE:SEH) announced today that it has entered into an agreement to acquire the stock of Creative Forming. Inc. (Creative), a custom manufacturer of plastic packaging with approximately $48 million in annual sales. Creative designs and produces value-added packaging solutions primarily for the food, consumer product, produce, and medical/pharmaceutical...

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Mergers & Acquisitions

Solomon Closes Deltron Acquisition

DANBURY, Conn., Sept. 6 / -- Solomon Technologies, Inc. announced today that it has closed its acquisition of Deltron, a North Wales, Pennsylvania based manufacturer of power supplies and related equipment with manufacturing operations in Reynosa, Mexico. Solomon acquired specific assets and liabilities of Deltron's Pennsylvania operations and all of the stock of Deltron's Mexican manufacturing...

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