Mergers & Acquisitions

Mergers & Acquisitions

Astec Industries, Inc. to Acquire Peterson, Inc., Manufacturer of Environmental, Wood, Construction Debris and Waste Product Processing Equipment

Strong Management and Product Line Expansion Among Principal Benefits CHATTANOOGA, Tenn., June 11 -- Astec Industries, Inc. (NASDAQ:ASTE) today announced that it has entered into a definitive agreement to acquire 100% of Peterson, Inc. ( Peterson ) located in Eugene, Oregon. Peterson is a leading manufacturer of whole-tree pulpwood chippers, horizontal grinders and blower trucks. Founded in 1961...

Read More »
Mergers & Acquisitions

ATK Completes the Acquisition of Swales Aerospace

Strategic Acquisition Establishes ATK as an Industry Leader in Satellite Components, Subsystems and Small Spacecraft MINNEAPOLIS, June 8 -- Alliant Techsystems (NYSE:ATK) announced today that it has completed the acquisition of Swales Aerospace, a premier provider of satellite components and subsystems, small spacecraft and engineering services for NASA, Department of Defense and commercial...

Read More »
Mergers & Acquisitions

Authentidate Completes Sale of its Document Management and Systems Integration Businesses

BERKELEY HEIGHTS, N.J., June 7 -- Authentidate Holding Corp. (NASDAQ:ADAT), a worldwide provider of software and web-based services that enable enterprises and individuals to exchange information securely and conduct trusted business transactions, today announced that it has completed the previously announced sale of its Document Management (Docstar) and Systems Integration (DJS) businesses to a...

Read More »
Mergers & Acquisitions

Consolidated Graphics to Acquire the Cyril Scott Company

HOUSTON, June 11 /-- Consolidated Graphics, Inc. (NYSE:CGX) announced today that it has signed a memorandum of understanding to acquire The Cyril Scott Company, headquartered in Lancaster, Ohio. The present management team, led by Leslie Mac McClelland, will remain with the company following the completion of the transaction. The Cyril Scott Company, founded in 1959, is a commercial printing...

Read More »
Mergers & Acquisitions

Dominion Enterprises Acquires Autobase, Inc.

Makes first CRM acquisition in automotive industry NORFOLK, Va., June 12 / -- Dominion Enterprises, a leading media and information services company, announced today that it has acquired Autobase, the leading supplier of auto dealership marketing and sales solutions. Terms of the transaction were not disclosed. Founded in 1988 and headquartered in Indianapolis, Autobase is the pioneer of customer...

Read More »
Mergers & Acquisitions

Broadcom to Acquire Global Locate, Inc., a Provider of Industry-Leading GPS Chips and Software

Broadcom Enters Fast-Growing GPS Market with Single-Chip Solutions Targeted at Personal Navigation Devices and Mobile Phones IRVINE, Calif. and SAN JOSE, Calif., June 12 -- Broadcom Corporation (NASDAQ:BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has signed a definitive agreement to acquire Global Locate, Inc., a privately-held, fabless...

Read More »
Mergers & Acquisitions

Cal Dive International to Acquire Horizon Offshore

HOUSTON, June 11-- Cal Dive International, Inc. (NYSE:DVR) and Horizon Offshore, Inc. (NASDAQ:HOFF) announced today that they have signed a definitive merger agreement under which Cal Dive will acquire all of the outstanding shares of Horizon in a stock and cash transaction valued at approximately $650 million, including approximately $22 million of Horizon's net debt as of March 31, 2007. Cal...

Read More »
Mergers & Acquisitions

Algoma Steel Announces Result of Shareholder Vote on its Acquisition by Essar

SAULT STE. MARIE, ON, June 11 -- Algoma Steel Inc. today announced that, at its Annual and Special Meeting of Shareholders held today (the Meeting ), shareholders approved an arrangement involving the acquisition by a subsidiary of Essar Steel Holdings Limited ( Essar ) of all of Algoma's outstanding common shares for all cash consideration of $56 per share (the Arrangement ). The Arrangement was...

Read More »
Mergers & Acquisitions

Ford and Meridian Sign MOU Outlining Sale of Automotive Components Holdings Sandusky Plant

The Memorandum of Understanding (MOU) announced today is another significant step forward in ACH's strategy to sell its operations. With this announcement, ACH has sold one plant and signed MOUs related to eight additional plants during the past six months. ACH has made significant improvements in the competitiveness of its operations as it markets them to buyers who can move the businesses...

Read More »
Mergers & Acquisitions

Patterson Pope Acquires United Business Systems; Becomes Sole Spacesaver® Distributor in Florida, Gains Alabama Territory

Fort Atkinson, Wis. (June 7, 2007) - Spacesaver Corp. has announced that Patterson Pope, a member of the nationwide Spacesaver Group of distributors, has acquired United Business Systems, making it the sole Spacesaver distributor in Florida. With the acquisition, Patterson Pope also expands its territory into 10 counties of Alabama. Prior to the acquisition, United Business Systems had served as...

Read More »