Mergers & Acquisitions

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...

Read More »
Mergers & Acquisitions

Stratos to be Acquired by CIP Canada Investment Inc.

BETHESDA, MD, March 19 -- Stratos Global Corp. (TSX: SGB), the leading provider of advanced mobile and fixed-site remote communications solutions, today announced that it has entered into a definitive agreement to be acquired by CIP Canada Investment Inc. ( CIP Canada ), a wholly owned subsidiary of Communications Investment Partners Limited ( CIP ), a professional investment company with a focus...

Read More »
Mergers & Acquisitions

K-Tron Completes Acquisition of Chinese Business

FORMS WHOLLY FOREIGN-OWNED ENTERPRISE IN THE PEOPLE'S REPUBLIC OF CHINA PITMAN, N.J., March 27 / -- K-Tron International, Inc. (Nasdaq: KTII) today reported that is has closed its previously announcedagreement to acquire certain assets of Wuxi Chenghao Machinery Co., Ltd. ( Wuxi Chenghao ), a privately-owned company in the People's Republic of China (the PRC ). The purchased assets were...

Read More »
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,...

Read More »
Mergers & Acquisitions

Quanta Services to Acquire InfraSource Services in All-Stock Transaction

o Complementary Capabilities and Expanded Geographic Presence Enable Enhanced Service Offerings in Rapidly Growing Markets o Combined 2006 Revenues of Over $3.1 Billion and Adjusted EBITDA of Over $270 Million o Exchange Ratio of 1.223 Shares of Quanta Stock for Each InfraSource Share o Transaction Expected to be EPS Accretive to Quanta in 2008 HOUSTON, and MEDIA, Pa., March 19 -- Quanta...

Read More »
Mergers & Acquisitions

AmQuip Corporation Acquires Shaughnessy Crane Services from NES Rentals

Acquisition expands AmQuip's footprint in New England PHILADELPHIA and BOSTON - March 15, 2007 - AmQuip Corporation today announced that it has acquired Shaughnessy Crane Services, a leading crane rental provider in the New England region, from NES Rentals Holdings, Inc. Shaughnessy/AmQuip will offer the most complete line of crane types in the New England region, including rough terrain, all...

Read More »
Mergers & Acquisitions

AIG Global Investment Group Invests in Falcon Farms

NEW YORK, March 20 -- AIG Global Investment Group (AIGGIG) today announced that AIG Capital Partners, Inc., a member company, has acquired a substantial equity interest in Falcon Farms, a leading importer and distributor of fresh cut flowers in the United States and Canada. Founded in 1987, Falcon Farms operates over 300 hectares of farmland in Colombia, Ecuador, and Mexico. The company primarily...

Read More »
Mergers & Acquisitions

Onstream Media to Acquire Infinite Conferencing

POMPANO BEACH, Fla., March 26: Onstream Media Corporation (NASDAQ:ONSM), a leading online service provider of live and on- demand, digital media communications and applications, announced today that it has signed a definitive merger agreement with Infinite Conferencing, a national provider of audio and Web conferencing, webinar and webcasting services. The merger has been approved by the Board of...

Read More »
Mergers & Acquisitions

Polycom Completes SpectraLink Acquisition

PLEASANTON, Calif., March 26 -- Polycom, Inc. (NASDAQ:PLCM), the world's leading provider of unified collaborative communications solutions, today announced the expiration of the tender offer by its wholly-owned subsidiary, Spyglass Acquisition Corp., for all outstanding shares of SpectraLink Corp. (NASDAQ:SLNK). The subsequent merger to finalize the acquisition will close today, Monday, March...

Read More »
Mergers & Acquisitions

Oracle Buys In-Memory Data Grid Leader Tangosol

Creates First Integrated Platform That Enables Extreme Transaction Processing REDWOOD SHORES, Calif., March 23 -- Oracle today announced that it has entered into a definitive agreement to acquire Tangosol Inc, a leading provider of reliable in-memory data grid software. Data grid software increases application performance by providing fast, distributed access to frequently used data. Tangosol's...

Read More »