Mergers & Acquisitions

Mergers & Acquisitions

CMS Energy and Government of Venezuela Sign Purchase and Sale Agreement for Sale of Venezuelan Electric Utility and Related Assets

JACKSON, Mich., April 4 -- CMS Energy and Petroloeos de Venezuela, S.A. which is owned by the Bolivarian Republic of Venezuela signed today a purchase and sale agreement for the sale of the company's interest in Sistema Electrico de Nueva Esparta, C.A. (SENECA), including its 88 percent equity ownership, certain associated generating equipment, and other assets for $105.5 million. SENECA is an...

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Mergers & Acquisitions

Coleman Cable Completes Copperfield Acquisition and Related Financings

WAUKEGAN, Ill., April 2 -- Coleman Cable, Inc. (NASDAQ:CCIX) ( Coleman Cable ) announced today the closing of its acquisition of Copperfield, LLC. Pursuant to the acquisition agreement, originally announced on March 11, 2007, Coleman Cable acquired all of the equity interests of Copperfield, LLC for $213 million in cash. Management believes that the Coleman Cable-Copperfield combination will...

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Mergers & Acquisitions

Datalogic and PSC Inc. Complete Integration Into Datalogic Scanning, Inc.

EUGENE, Ore., April 2: A worldwide leader in automatic data-capture technology, products, and services, Datalogic Scanning, Inc. is pleased to announce that the integration of the Datalogic Handheld Scanner Division with Eugene-based PSC Inc. is complete effective April 2, 2007. Datalogic Scanning now offers the largest line of bar code scanners available today. The last few months have been a...

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Mergers & Acquisitions

Dresser-Rand Purchases Gimpel Valve Business from Tyco Flow Control

HOUSTON, April 5 -- Dresser-Rand Group Inc. [ Dresser-Rand or the Company (NYSE:DRC)] today announced that it has acquired the Gimpel business from Tyco Flow Control, a reporting unit of Tyco International (NYSE: TYC; Brussels). Gimpel products include a line of trip, trip throttle, and non-return valves to protect steam turbines and related equipment in industrial and marine applications. Terms...

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Mergers & Acquisitions

Comcast Corporation to Acquire Patriot Media

PHILADELPHIA, April 3 -- Comcast (NASDAQ:CMCSA)(NASDAQ:CMCSK), the nation's leading provider of cable, entertainment and communications products and services, today announced that it has entered into an agreement to acquire the cable systems owned and operated by Patriot Media & Communications, a privately-held company owned by cable veteran Steven J. Simmons, Spectrum Equity Investors and Spire...

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Mergers & Acquisitions

Georgia-Pacific Completes Acquisition of International Paper Wood Products Facilities

ATLANTA, April 2 -- Georgia-Pacific LLC today announced that Georgia-Pacific Wood Products South LLC has completed the purchase of five wood products sites from International Paper. Announced last December, the acquisition totaled approximately $237 million, including working capital. These are value-added facilities that fit strategically with our current wood products operations and we're very...

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Mergers & Acquisitions

Granite Construction Completes Superior Acquisition

WATSONVILLE, Calif., April 3 -- Granite Construction Incorporated (NYSE:GVA) announced today the completion of its acquisition of certain assets of The Superior Group of Companies, a Pacific Northwest-based construction materials producer and asphalt paving company. The acquisition closed consistent with the details provided in the Company's March 27, 2007 news release, and is the latest step in...

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Mergers & Acquisitions

Harris Interactive Extends European Capabilities with Acquisition of German Online Market Research Firm MediaTransfer AG

LONDON and HAMBURG, Germany, April 2 -- Harris Interactive(R) (Nasdaq: HPOL) has acquired MediaTransfer AG Netresearch & Consulting, a private European online research firm based in Hamburg, Germany which will provide greater access to the $2.2 billion (USD) German market research market. MediaTransfer, founded in 1996, has conducted online research since 1999 and has a 250,000 member, highly...

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Mergers & Acquisitions

Leggett & Platt Announces Divestiture of Prime Foam Operations

CARTHAGE, Mo., April 3: FORTUNE 500 diversified manufacturer, Leggett & Platt Incorporated, today announced the sale of its Prime Foam operations to Comfort Co., a company controlled by Catterton Partners, a private equity firm based in Greenwich, CT. The sale of this business, with 2006 annual revenue of approximately $200 million, marks the largest divestiture in Leggett's history. Leggett's...

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Mergers & Acquisitions

Level 3 Completes Purchase of AT&T Divestiture Assets

BROOMFIELD, Colo., April 4: Level 3 Communications, Inc. (NASDAQ:LVLT) today announced that its operating subsidiary has purchased certain assets from AT&T Corporation that were ordered divested as a result of the merger between AT&T and SBC Communications Inc. The acquired assets consist of indefeasible rights of use (IRUs) for dark fiber connections to over 200 buildings and more than 1,600...

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