Mergers & Acquisitions

Mergers & Acquisitions

Universal Compression Partners Agrees to Acquire Additional Assets From Universal Compression Holdings

HOUSTON, May 29 -- Universal Compression Holdings, Inc. (NYSE:UCO) and Universal Compression Partners, L.P. (NASDAQ:UCLP) announced today that Universal Compression Partners has agreed to acquire from Universal Compression Holdings a fleet of approximately 715 compressor units, comprising approximately 270,000 horsepower, or approximately 13% (by available horsepower) of the combined Universal...

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Mergers & Acquisitions

Cisco Completes Acquisition of WebEx

SAN JOSE, Calif., May 29 / -- Cisco Systems, Inc. (NASDAQ:CSCO) today announced the completion of its acquisition of WebEx Communications, Inc. (NASDAQ:WEBX). WebEx is a market leader in on-demand collaboration applications, and its network-based solution for delivering business-to-business collaboration extends Cisco's vision for Unified Communications, particularly within the small to medium...

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Mergers & Acquisitions

Autodesk Extends 3D Leadership with Acquisition of NavisWorks

SAN RAFAEL, Calif., May 31: Autodesk, Inc. (NASDAQ:ADSK) today announced that it has signed an agreement to acquire NavisWorks, a privately-held company based in Sheffield, England that provides software for 3D coordination, collaboration and sequencing in design and construction for approximately $25 million in USD cash, subject to a working capital adjustment. The acquisition underscores...

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Mergers & Acquisitions

Anacomp Completes Acquisition of CaseLogistix

SAN DIEGO, May 30: Anacomp Inc. , a leader in document and business process management solutions, today announced it has completed the acquisition of CaseLogistix Inc., a leading provider of evidence and litigation management solutions. CaseLogistix market leading solutions allow legal teams to quickly collect, review and produce any amount and type of discovery information. Evidence and...

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Mergers & Acquisitions

CheckFree Closes Acquisition of Upstream Technologies LLC

ATLANTA, May 31 / -- CheckFree Corporation (NASDAQ:CKFR) today announced that it has completed its acquisition of substantially all of the assets of Upstream Technologies LLC, a Boston-based provider of advanced investment decision support and trade order management tools. The business will be integrated with the company's Investment Services Division, which provides the market-leading platform...

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Mergers & Acquisitions

Dominion to Streamline Corporate Structure by Merging CNG Subsidiaryinto Holding Company

RICHMOND, Va., May 31: Dominion (NYSE:D) announced today that it intends to merge its wholly owned subsidiary, Consolidated Natural Gas Company, into the parent holding company, Dominion Resources, Inc., as part of a move to streamline its corporate structure. The merger is targeted for the second to third quarter of the year. Dominion will then assume all obligations related to CNG debt, as well...

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Mergers & Acquisitions

Duke Energy Acquires Tierra Energy's Wind Development Business

CHARLOTTE, N.C., May 29: Duke Energy today announced that it has acquired the wind power development business of Tierra Energy, a leading wind power development company located in Austin, Texas, from Energy Investors Funds for an undisclosed amount. The purchase includes more than 1,000 megawatts of wind assets under development in the Western and Southwestern United States. Three of the...

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Mergers & Acquisitions

Genzyme Corporation to Acquire Bioenvision, Inc.

To Gain Exclusive, Worldwide Rights to Clofarabine CAMBRIDGE, Mass. and NEW YORK, May 29 /-- Genzyme Corporation (NASDAQ:GENZ) and Bioenvision, Inc. (NASDAQ:BIVN) announced today that they have reached an agreement under which Genzyme will acquire Bioenvision in an all cash transaction valued at $5.60 per outstanding common share, or approximately $345 million, representing a premium of...

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Mergers & Acquisitions

Alcan Inc. Reaches Agreement in Principle for the Sale of Its Vlissingen Smelter to Klesch & Company Limited

PARIS, May 31: Alcan announced today that it has reached an agreement in principle with UK-based Klesch & Company Limited (Klesch) regarding the sale of its Vlissingen smelter in the Netherlands. Alcan owns 85% of the smelter and Hunter Douglas, which holds the remaining 15% interest, has confirmed its intention to sell its interest to Klesch. Terms of the agreement were not disclosed. Since...

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