Mergers & Acquisitions

Mergers & Acquisitions

Electro-Motive Buys ITS Rail

LAGRANGE, Ill., Aug. 27 / -- Electro-Motive Diesel, Inc. (EMD) announced today that in striving to further enhance its aftermarket service offerings to customers worldwide, it has acquired certain assets of ITS Rail Services. EMD is the world's most successful builder of diesel-electric locomotives, and ITS is a premier supplier of technical services, training, and publications for the railway...

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Mergers & Acquisitions

Global Consultants, Inc. Acquires Blue Hammock

Acquisition Strengthens GCI's Data Warehousing and Business Intelligence Practice MORRISTOWN, N.J., Aug. 28 / -- Global Consultants, Inc. (GCI), one of the fastest growing providers of end-to-end information technology services and solutions worldwide, today announced the acquisition of Blue Hammock, Inc. Blue Hammock is a Pennsylvania-based company focused on the strategy and delivery of...

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Mergers & Acquisitions

Inverness Medical Innovations Agrees to Acquire Matritech, Inc.

WALTHAM, Mass. and NEWTON, Mass., Aug. 28 / -- Inverness Medical Innovations, Inc. (AMEX:IMA) and Matritech, Inc. (AMEX:MZT) today announced that they have entered into an asset purchase agreement pursuant to which Inverness will acquire substantially all of the assets of Matritech for aggregate consideration of $36 million, payable in shares of Inverness common stock. In addition, Inverness...

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Mergers & Acquisitions

SPX Service Solutions to Acquire Matra-Werke GmbH

Acquisition Will Expand Global Distribution Capabilities to Support European Vehicle Manufacturers CHARLOTTE, N.C., Aug. 29 / -- SPX (NYSE:SPW) Service Solutions today announced it has entered into a definitive agreement to acquire Matra-Werke GmbH, a wholly owned subsidiary of KION Group GmbH located in Wiesbaden, Germany. Matra will be operated as a part of SPX Service Solutions' CarTool...

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Mergers & Acquisitions

ST Telemedia Increases Equity Stake in Global Crossing

Debt-to-Equity Conversion Is Part of Previously Announced Recapitalization Plan FLORHAM PARK, N.J., Aug. 28 / -- Global Crossing (NASDAQ:GLBC), a leading global IP solutions provider, today announced that STT Crossing Ltd, a subsidiary of Singapore Technologies Telemedia Pte Ltd, on Monday, August 27, 2007 increased its equity and voting interests in Global Crossing to 66.2 percent, based on the...

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Mergers & Acquisitions

Spectracom Brand Goes Global

Rochester, N.Y.- August 28, 2007 Spectracom Corp., a leading provider of synchronization products, announces its merger with Temex Sync, a designer and manufacturer of time and frequency products for worldwide markets. The two companies will market their products and systems under the Spectracom brand name in a global partnership that strengthens product lines, enhances the combined technology...

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Mergers & Acquisitions

Wolters Kluwer Financial Services Acquires the AppOne Companies

Acquisition Combines Bankers Systems' Trusted Compliance Content with AppOne's Leading Technology Solutions MINNEAPOLIS, Aug. 23 /-- Wolters Kluwer Financial Services, part of the Wolters Kluwer Corporate & Financial Services division, today announced the acquisition of the AppOne Companies (AppOne), a leading provider of technology and risk mitigation services to independent automobile dealers...

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Mergers & Acquisitions

Sipex Corporation Announces Results of Special Meeting of Stockholders Overwhemingly Approving the Proposed Merger Transaction with Exar Corporation

MILPITAS, Calif., Aug. 23 -- Sipex Corporation (NASDAQ:SIPX) today announced that at a Special Meeting of Sipex's stockholders, the stockholders adopted the merger agreement previously announced on May 8, 2007, among Sipex and Exar Corporation. Preliminary results indicate that more than 70% of the Sipex shares outstanding on the record date for the Sipex special meeting were cast in favor of the...

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Mergers & Acquisitions

U. S. Steel Agrees to Acquire Stelco

PITTSBURGH and HAMILTON, Ontario, Aug. 26 /-- United States Steel Corporation (NYSE:X) and Stelco Inc., (TSX: STE) announced today that they have entered into a definitive agreement pursuant to which U. S. Steel will acquire Stelco for $38.50 (Canadian) in cash per share. Shareholders owning more than 76 percent of Stelco's outstanding shares, including Tricap Management Limited, Sunrise Partners...

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Mergers & Acquisitions

Chaparral Steel Company and Gerdau Ameristeel Corporation Announce Expiration of Hart-Scott-Rodino Waiting Period

MIDLOTHIAN, TX, and TAMPA, FL, Aug. 23 / -- Chaparral Steel Company (NASDAQ:CHAP) and Gerdau Ameristeel Corporation (NYSE:GNA)(NYSE: TSX:)(NYSE:GNA) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ( HSR"), in connection with the Agreement and Plan of Merger signed by Chaparral, Gerdau Ameristeel and certain other parties, expired...

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