Tecumseh Products Company Announces Agreement to Sell the Majority of Its Electrical Components Operations to Regal Beloit Corporation
TECUMSEH, Mich., July 3 -- Tecumseh Products Company (Nasdaq: TECUA; TECUB) ( Tecumseh or the Company ) today announced that it has signed an agreement with Regal Beloit Corporation (NYSE:RBC), to sell to Regal Beloit the majority of Tecumseh's Electrical Components business operations for $220 million in cash, subject to customary adjustments at closing. The operations to be sold, principally...
Read More »Natural Gas Services Merges Wholly Owned Subsidiary Screw Compression Systems, Inc. into Natural Gas Services Group, Inc.
MIDLAND, Texas, July 2 -- Natural Gas Services (AMEX:NGS), a leading equipment and services provider to the oil and natural gas industry, announces that on June 19, 2007, the Board of Directors of Natural Gas Services Group, Inc. (NGS) voted to merge Screw Compression Systems, Inc., a Texas corporation and wholly-owned subsidiary of NGS, with and into NGS. On June 25, 2007, NGS entered into...
Read More »TMNG Global Announces Sale by Significant Stockholder in Private Transaction
OVERLAND PARK, Kan., July 2 -- TMNG Global (NASDAQ:TMNG), a leading provider of management consulting services to the global communications, media and entertainment industries, today announced that Behrman Capital has completed a privately negotiated transaction under which a group of investment firms acquired Behrman Capital's 34.9% interest in TMNG Global. TMNG was notified of the transaction...
Read More »Terayon Announces Results of Special Meeting of Stockholders
Stockholders Approve Merger between Terayon and Motorola SANTA CLARA, Calif., June 29 /-- Terayon Communication Systems, Inc. (Pink Sheets: TERN) (Terayon) announced that yesterday at a Special Meeting of Terayon's stockholders, the stockholders adopted the merger agreement previously announced on April 23, 2007, among Terayon, Motorola, Inc. (Motorola) and Motorola GTG Subsidiary VI Corp., a...
Read More »L-com Connectivity Products Acquires Hyperlink Technologies
L-com Connectivity Products Acquires Hyperlink Technologies North Andover, MA - June 29, 2007 - L-com Connectivity Products, a leading manufacturer of cable assemblies, connectors, and other connectivity devices, is pleased to announce that it has acquired HyperLink Technologies of Boca Raton, FL. HyperLink Technologies is recognized in the wireless industry as a high-quality manufacturer of...
Read More »Huntsman to Acquire Baroda Division of Metrochem Industries
BASEL, Switzerland, July 2 / -- Huntsman Corporation today announced that its Textiles Effects business has signed an agreement to acquire the Baroda division of Metrochem Industries Ltd for $46.5 million in cash. The division to be acquired by Huntsman is a textile dyes and intermediates manufacturer based in Baroda, India. The transaction, which is subject to regulatory approvals, is expected...
Read More »CMP Technology Acquires How Machines Work Corporation, Developer of State-of- the-Art Interactive Online Environments
How Machines Work Strengthens CMP's Next Generation Media Strategy MANHASSET, N.Y., July 3 -- CMP Technology, a targeted media and marketing solutions company serving the technology industry, today announced that it has acquired How Machines Work Corporation (http://www.howmachineswork.com/), a leading designer and developer of next- generation, customized interactive online environments. CMP's...
Read More »Garmin® Completes Acquisition of GPS GmbH
German Distributor becomes Garmin Deutschland CAYMAN ISLANDS, July 2 /-- Garmin Ltd. (NASDAQ:GRMN) announced today that it has completed the acquisition of GPS Gesellschaft fur Professionelle Satellitennavigation mbH, the exclusive distributor of Garmin's consumer products in Germany. The company will be renamed Garmin Deutschland GmbH and will retain its management, sales, marketing and...
Read More »Consolidated Communications Reaches a Definitive Merger Agreement to Acquire North Pittsburgh Systems, Inc. for $375.1 Million
o Expands Consolidated's Markets by Adding over 127,000 Access Line Equivalents - o Free Cash Flow Accretive in First Year - o Maintains Current Dividend and Improves Payout Ratio - MATTOON, Ill. and GIBSONIA, Pa., July 2 -- Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) announced today that it has entered into a definitive agreement to acquire North Pittsburgh Systems, Inc....
Read More »Genzyme Extends Tender Offer to Acquire Bioenvision, Inc.
Waives Minimum Tender Condition; 100 Percent of Preferred Shares Now Tendered CAMBRIDGE, Mass., July 2 /-- Genzyme Corporation (NASDAQ:GENZ) announced today that it is waiving the condition to its tender offer that it acquire at least 50 percent of the outstanding shares of common stock of Bioenvision, Inc. (NASDAQ:BIVN) and that it is extending the tender offer for all outstanding shares of...
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