Mergers & Acquisitions

Mergers & Acquisitions

Kinder Morgan Sale of Terasen Utility Assets to Fortis Completed

HOUSTON, May 17 /-- Kinder Morgan, Inc. (NYSE:KMI) today announced its sale of Terasen Inc. to Fortis Inc. (TSX: FTS) has closed. Terasen Inc.'s principal assets include Terasen Gas Inc. and Terasen Gas (Vancouver Island) Inc., comprising a large regulated distribution business that delivers natural gas and piped propane to approximately 900,000 customers in British Columbia. The sale did not...

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Mergers & Acquisitions

Providence Equity Partners Acquires Majority Control of Decision Resources

WALTHAM, Mass., May 21: Decision Resources, Inc., one of the world's leading research and advisory firms focusing on pharmaceutical and healthcare issues, announced today that Providence Equity Partners, a leading private equity firm with more than $21 billion under management, will acquire majority control of the Company. With the additional resources that Providence provides, Decision Resources...

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Mergers & Acquisitions

HOERBIGER Service Inc. Completes Acquisition of Texas Compressor Corporation

Houston, TX, February 21, 2007. Effective February 16, 2007, HOERBIGER Service Inc. (HSI), the leading compressor services company in the United States, acquires Texas Compressor Corporation (TCC). Texas Compressor Corporation specializes in repair, remanufacture, packaging, and field service of reciprocating air and gas compressors used in the refining, petrochemical & natural gas industries....

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Mergers & Acquisitions

KV Pharmaceutical Company Completes Acquisition of U.S. Rights to EvaMist(TM)

ST. LOUIS, May 16: KV Pharmaceutical Company (NYSE:KV-A) reported today that it has completed its previously announced transaction with VIVUS, Inc. for the sublicense of exclusive rights and purchase of assets related to EvaMist(TM). Under the terms of the all-cash transaction, KV agreed to pay $10 million at closing and to make an additional payment of approximately $140 million at the time of...

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Mergers & Acquisitions

Microsoft to Acquire aQuantive, Inc.

REDMOND, Wash., May 18: Microsoft-® Corp. today announced it will acquire aQuantive, Inc., for $66.50 per share in an all-cash transaction valued at approximately $6 billion. This deal expands upon the Company's previously outlined vision to provide the advertising industry with a world class, Internet-wide advertising platform, as well as a set of tools and services that help its constituents...

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Mergers & Acquisitions

IOMED, Inc. to Be Acquired by ReAble Therapeutics

SALT LAKE CITY and AUSTIN, Texas, May 18 : IOMED, Inc. (AMEX:IOX) and ReAble Therapeutics, Inc. (formerly known as Encore Medical Corporation) today announced the signing of a definitive agreement whereby ReAble will acquire all the outstanding shares of IOMED in an all-cash merger for $2.75 per share, subject to adjustment. The total transaction consideration will be approximately $22 million....

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Mergers & Acquisitions

ThyssenKrupp Budd Sells Mexican Interest

TROY, Mich., May 16: ThyssenKrupp Budd Company has announced the sale of its one-third interest in Aventec S.A. de C.V., Aventec Mexicana S.A., de C.V. and Aventec Ramos Arizpe, S.A. de C.V., three joint venture companies based in Mexico. The ThyssenKrupp Budd shares were purchased by the two other joint venture partners, Hirotec Corporation and Sumitomo Corporation and their group companies. The...

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Mergers & Acquisitions

Drew Industries Acquires Manufacturer of Patented Motorhome Steps

WHITE PLAINS, N.Y., May 22: Drew Industries Incorporated (NYSE:DW) today announced that its wholly-owned subsidiary Lippert Components, acquired the assets and business of Ft. Worth-based Coach Step, a manufacturer of patented electric steps for motorhomes. The purchase price was approximately $3 million, which Drew financed from its available cash. As with all of our acquisitions, we expect this...

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Mergers & Acquisitions

Honeywell Acquires Dimensions International

Expands Ability to Provide Comprehensive, Cost-Competitive Solutions for DoD Equipment Reset Challenges PHOENIX, May 22 / -- Honeywell (NYSE:HON) announced today that it has signed a definitive agreement to acquire defense logistics leader Dimensions International for $230 million. The transaction is subject to regulatory requirements. Dimensions International, headquartered in Alexandria, Va.,...

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Mergers & Acquisitions

DCP Midstream and DCP Midstream Partners Announce Acquisitions

o DCP Midstream Expands Operating Footprint Into New Basins With $635 Million Acquisition o DCP Midstream Partners Agrees to Acquire Certain Assets From General Partner for $165 Million DENVER, May 21 / -- DCP Midstream, LLC today announced an agreement to acquire the stock of Momentum Energy Group Inc. (MEG) for $635 million, subject to closing adjustments. MEG is a portfolio company of...

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