Mergers & Acquisitions

Mergers & Acquisitions

Garick Acquires Tarheel Bark of North Carolina

CLEVELAND, March 29 / -- Garick, a nationwide distributor and processor of sustainable natural resource products, is proud to announce the acquisition of Tarheel Bark, located in Harrisburg, North Carolina. Garick acquired Tarheel Bark from Baucom's Nursery Co. Baucom's Nursery founded Tarheel Bark in 1985 to support the company's growing floriculture operations. Today, Tarheel produces growing...

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Mergers & Acquisitions

Delaware Court Permits Netsmart Merger Vote to Proceed

Permits Shareholder Vote to Be Held After Supplemental Disclosure GREAT RIVER, N.Y., March 15 / -- Netsmart Technologies, Inc. (NASDAQ:NTST), a leading provider of enterprise-wide software and services for health and human services organizations, today announced that the Delaware Court of Chancery has permitted Netsmart to proceed with its planned merger with affiliates of Insight Venture...

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Mergers & Acquisitions

Belden Agrees to Acquire Lumberg Automation Components GmbH

With this acquisition Belden expands its position as a global industrial connectivity solutions provider for factory automation ST. LOUIS, March 28 / -- Belden (NYSE:BDC), a world leader in the development of signal transmission solutions, has entered into a definitive agreement to purchase the assets of Lumberg Automation Components GmbH and related entities for an undisclosed cash price....

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Mergers & Acquisitions

Belden Closes Acquisition of LTK Wiring

Hong Kong based electronic cable company will be Belden's platform for growth in Asia ST. LOUIS, March 27 / -- Belden (NYSE:BDC), a leading provider of signal transmission solutions for data networking and electronics, has completed the acquisition of LTK Wiring Co. Ltd., a Hong Kong company, for a cash purchase price of approximately $195 million. LTK Wiring is one of the largest manufacturers...

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Mergers & Acquisitions

Belden Completes Acquisition of Hirschmann Automation and Control GmbH

The addition of industrial connectivity and Industrial Ethernet to its portfolio positions Belden to provide complete signal transmission solutions for the industrial market ST. LOUIS, March 26 / -- Belden (NYSE:BDC), a world leader in the development of signal transmission solutions, has completed the acquisition of Hirschmann Automation and Control GmbH (together with certain affiliates HAC )...

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Mergers & Acquisitions

Cryptek Acquires Secure Systems Group (SSG) Assets

STERLING, Va., March 28: CRYPTEK, Inc., a privately held developer and provider of security solutions announced today the company has received approval to acquire SSG's assets through the terms of the bankruptcy court. The assets include SSG's current product portfolio, contracts, customer base, and their test and manufacturing facilities that will enable Cryptek to expand their current...

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Mergers & Acquisitions

LSI Shareholders Approve Agere Merger

MILPITAS, Calif., March 29 / -- LSI Logic Corporation (NYSE:LSI) announced that it has obtained the required LSI shareholder approval of the previously announced merger with Agere Systems (NYSE:AGR) at a special meeting held today. The merger transaction is expected to close on Monday, April 2, 2007 subject to the satisfaction of closing conditions. On December 4, 2006, LSI and Agere announced a...

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Mergers & Acquisitions

Motorola Completes Acquisition of Tut Systems, Inc.

SCHAUMBURG, Ill., March 30 -- Motorola, Inc. (NYSE: MOT) announced that it has completed its acquisition of Tut Systems, Inc. (Nasdaq: TUTS). The transaction has a total equity value of approximately $39 million on a fully diluted basis. Tut Systems delivers industry-leading content processing and distribution products for deploying next-generation video and Internet Protocol (IP) services over...

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Mergers & Acquisitions

Two Leading North American Coatings Companies Join Forces; Sei Chemical Buys 21st Century Coatings Canada

NORTHRIDGE, CA, March 27: SEI Chemical of Northridge, California announces the purchase of 21st Century Coatings Ltd. of Vancouver, British Columbia, Canada. According to company sources, the buyout is effective immediately. The significance of the buyout is that it enables customers in more markets worldwide to access a range of leading-edge coating, additive and specialty cleaning technologies,...

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Mergers & Acquisitions

Hercules Offshore, Inc. Signs Definitive Merger Agreement to Acquire TODCO for $2.3 Billion in Cash and Hercules Common Stock

HOUSTON, March 19 -- Hercules Offshore, Inc. ( Hercules Offshore , the Company Nasdaq: HERO) and TODCO (NYSE:THE) today announced that they have entered into a definitive merger agreement pursuant to which Hercules Offshore will acquire 100% of the outstanding stock of TODCO in a stock and cash transaction valued at approximately $2.3 billion. The Company expects the transaction will: o Create...

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