Mergers & Acquisitions

Mergers & Acquisitions

HBD Industries Acquires Precision Metal Products, Significantly Expanding Closed Die Forging Offerings

May 9, 2007 (Dublin, OH and El Cajon, CA) - HBD Industries Acquires Precision Metal Products, Significantly Expanding Closed Die Forging Offerings HBD Industries, Inc. ( HBD ) is pleased to announce the acquisition of the business and assets of Precision Metal Products, Inc. ( PMP ) to expand its closed die forgings offerings. Precision Metal Products, located in El Cajon, CA (outside San Diego),...

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Mergers & Acquisitions

Andover Medical, Inc. Closes Acquisition of Ortho-Medical Products, Inc.

NORTH ANDOVER, Mass., May 18 -- Andover Medical, Inc. (BULLETIN BOARD: ADOV.OB) , a single source provider of orthopedic, podiatric and urological durable medical equipment ( DME ) and incontinence treatment solutions, announced today that it has closed the acquisition of Ortho-Medical Products, Inc. ( OMI ). To review full details of the transaction, please review the company's form 8-K filed...

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Mergers & Acquisitions

Duquesne Light Holdings Declares Special Pro Rata Dividend in Preparation for Completion of Merger with Macquarie Consortium

PITTSBURGH, May 21 / -- The Board of Directors of Duquesne Light Holdings (NYSE:DQE) today declared a special pro rata dividend to ensure that shareholders continue to receive dividends at the current rate until the closing of the company's merger with a consortium led by Macquarie Infrastructure Partners and The DUET Group. In accordance with the merger agreement, the board declared a pro rata...

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Mergers & Acquisitions

Alcoa Reaffirms Offer for Alcan as the Most Compelling Choice for Alcan's Shareholders

MONTREAL, Quebec & NEW YORK, N.Y.--(BUSINESS WIRE)--Alcoa Inc. (NYSE:AA) today reaffirmed its pending offer to acquire all outstanding common shares of Alcan Inc. (TSX:AL)(NYSE:AL) for US$58.60 in cash and 0.4108 of a share of Alcoa common stock as the most compelling choice for Alcan's shareholders. Commenting on the Directors' Circular filed by Alcan's Board of Directors yesterday, Alain J.P....

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Mergers & Acquisitions

EGL Announces Increase in Offer from CEVA to $47.50 and Determines that it is a Superior Proposal

HOUSTON, May 21 / -- EGL, Inc. (NASDAQ:EAGL) ( EGL or the Company ), announced today that the Special Committee of its Board of Directors has received a revised definitive proposal from CEVA Group Plc, a UK public company that is owned by affiliates of Apollo Management, L.P. (the CEVA group ), increasing the consideration to holders of EGL common stock to $47.50 per share in cash. The definitive...

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Mergers & Acquisitions

Unifrax Announces Acquisition Deal

Niagara Falls, NY, May 16, 2007 - Unifrax I LLC ( Unifrax ), the Niagara Falls, NY based manufacturer of ceramic fiber insulation products, announced today that it has entered into an agreement with UNION LESNI BRANA, a.s. ( ULB ) to acquire the ceramic fiber business of its wholly owned subsidiary company KERAUNION, a.s. ( Keraunion ). Terms of the transaction were not disclosed. Keraunion is...

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Mergers & Acquisitions

Newfield Exploration to Acquire Rocky Mountain Assets

Significant asset divestiture program underway HOUSTON, May 14 / -- Newfield Exploration Company (NYSE:NFX) today announced that it has signed an agreement to acquire the Rocky Mountain assets of Stone Energy for $575 million. The assets expand Newfield's existing presence in the Uinta Basin and provide an entry into large developments in many of the Rocky Mountain's most active areas. This...

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Mergers & Acquisitions

Oracle to Buy Product Lifecycle Management Leader Agile Software

Agile Reports Preliminary Fourth Quarter Fiscal 2007 Financial Results SAN JOSE, Calif., May 15 -- Agile Software Corporation (NASDAQ:AGIL), a leading provider of product lifecycle management solutions (PLM), today announced a definitive agreement for Oracle to acquire Agile through a cash merger for $8.10 per share, or approximately $495 million. The acquisition of Agile will establish the...

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Mergers & Acquisitions

Standard & Poor's Acquires ClariFI(TM); Portfolio Analytics Added to Capital IQ

NEW YORK, May 15 / -- Standard & Poor's, the foremost provider of financial market intelligence, today announced that it has completed the acquisition of ClariFI(TM), a leading provider of software and services focused on quantitative portfolio management and research. The acquisition adds portfolio analytics to Standard & Poor's Capital IQ, a leader in web- based professional financial...

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Mergers & Acquisitions

PennWell Acquires LEDs Magazine

TULSA, Okla., May 14 / -- PennWell Corporation, a diversified global media and information company, announced today that it has acquired LEDs Magazine, a business-to-business digital magazine and web site (http://www.ledsmagazine.com/) covering the technology and applications of Light Emitting Diodes (LEDs). Financial terms of the sale were not disclosed. Tim Whitaker, founder of LEDs Magazine in...

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