Oshkosh Truck Corp., Oshkosh, Wis., was awarded on Oct. 16, 2007, a $22,392,064 modification to a firm-fixed-price contract for Increase of 50% for the difference between the purchase price of the HEMTT A2 vehicles and the purchase price of the HEMTT Oshkosh Truck Corp., Oshkosh, Wis.,...
Oshkosh Truck Corp., Oshkosh, Wis., was awarded on Oct. 16, 2007, a $22,392,064 modification to a firm-fixed-price contract for Increase of 50% for the difference between the purchase price of the HEMTT A2 vehicles and the purchase price of the HEMTT Oshkosh Truck Corp., Oshkosh, Wis.,...
BOCA RATON, Fla. -- RailAmerica, Inc. (NYSE:RRA) today announced the completion of its acquisition of four short line railroads from Alcoa for a purchase price of $77.5 million in cash. The cash purchase price is based on RailAmerica assuming a targeted working capital deficit. RailAmerica funded substantially all of the...
HIGHLAND HEIGHTS, Ky. -- General Cable Corporation (NYSE: BGC) the Company announced today that it has agreed to acquire the global wire and cable business of Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) Freeport, which operates as Phelps Dodge International Corporation PDIC. PDIC was acquired by Freeport as part of...
GOLETA, Calif. -- Deckers Outdoor Corporation (NASDAQGS: DECK) today announced that it has acquired 100% of the ownership interest of TSUBO, LLC. The purchase price is approximately $6 million in cash plus a potential future earn-out, subject to customary working capital adjustments. The Company stated it does not expect the...
Warwick Valley Telephone Company (NASDAQ: WWVY) (the "Company") announced today that it intends to acquire a portion of the limited partnership interest in Orange County Poughkeepsie Limited Partnership ("OCP") being sold by FairPoint Communications and Taconic Telephone Corporation ("Taconic") to Verizon Wireless of the East LP ("Verizon Wireless"). It...
BEVERLY HILLS, Calif. -- Hilton Hotels Corporation (NYSE:HLT) ("HHC") today announced an agreement whereby HHC will acquire the lodging assets of Hilton Group plc (known collectively as "Hilton International" or "HI") for approximately GBP 3.30 billion (or $5.71 billion) in an all-cash transaction. This equates to a purchase price multiple...
PEABODY, Mass. -- Analogic Corporation (NASDAQ: ALOG) announced today that it has entered into an agreement to acquire privately held Copley Controls Corporation of Canton, Massachusetts, a leading supplier of gradient amplifiers for Magnetic Resonance Imaging MRI, and precision motion control systems. The purchase price is approximately $68.75 million cash...
Lakeland Industries, Inc. (NASDAQ: LAKE) today announced that the Company completed the purchase of one of the facilities constituting its Decatur, Alabama, hub operations from its owners POMS Holding Co. ("POMS") consisting of 5.27 acres and 90,859 square feet of office, manufacturing and warehouse space for a net purchase price...
Ferro Corp., Cleveland, OH, has completed the acquisition of certain businesses of [dmc.sup.2] from OM Group, Inc., Cleveland. The businesses acquired include electronic materials, performance pigments, glass systems, and Cerdec ceramics. The cash pu Ferro Corp., Cleveland, OH, has completed the acquisition of certain businesses...
ST. PETERSBURG, Fla. -- Danka Business Systems PLC (NASDAQ: DANKY) today announced that the company has entered into an agreement to sell the shares of its Canadian business unit, Danka Canada Inc., to Pitney Bowes of Canada, Ltd., a subsidiary of Pitney Bowes Inc., for a purchase price of U.S....
LOS ANGELES -- CB Richard Ellis Group, Inc. today announced the acquisition of Eurisko Consulting SRL, the largest independent commercial real estate services company in Romania. The purchase price is approximately $35.0 million, subject to a post closing audit. The acquisition further enhances CB Richard Ellis' ability to deliver the...
AUSTIN, Texas -- Littlefield Corporation (OTCBB:LTFD) announces that it has agreed to sell 400,000 shares of its common stock to funds affiliated with Value Fund Advisors, LLC of Tulsa, Oklahoma at a fifteen percent (15%) premium to its five (5) day average closing price. The purchase price is therefore $1.19/share.
Dorman Products, Inc. (NASDAQ: DORM) announced today that it has signed an agreement to acquire certain assets of the Consumer Products Division of Rockford Products Corporation ("Consumer Division"). Headquartered in Rockford, Illinois, the Consumer Division packages and distributes standard fasteners to customers in the farm and automotive aftermarkets. ...
The potential that Sage sees in this year's acquisition of Verus Financial Management is shown by the purchase price: Sage paid $325 million for Verus, which had about $64 million in revenue for 2005. What the price got Sage was a customer base of 101,000 The potential that Sage sees...
RSA Security has agreed to acquire privately held PassMark Security for $44.7 million in cash and stock, in a move to broaden its reach in the online banking authentication and fraud detection market. The purchase price includes $9 million in cash and 2 m RSA Security has agreed to acquire...
STAMFORD, Conn. -- Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, announced today that it had acquired the Mobile Rugged Business MRB of Kontron America, Inc., which produces computers, electronics and flat panel displays for harsh environment applications. The purchase price is $26.6 million in cash....
Texas Petrochemicals, Inc. the Company (OTC: TXPI) today announced that Texas Petrochemicals LP has entered into a purchase and sale agreement for the purchase of the assets of the United States butadiene and related MTBE operations of Huntsman Corporation, which includes a manufacturing facility located in Port Neches, Texas. ...
Diageo has finally sealed an agreement to sell its fast food chain Burger King and taken its final, significant step in realizing its dream of becoming a fully drinks-focused business. The company announced the sale of Burger King Corporation under revised terms to the buying group composed of Texas Pacific...
GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE:ENN), the third largest hotel real estate investment trust REIT, today announced that it has finalized the purchase of two metro-Boston area Hilton branded hotels. As previously disclosed, the two properties were bought for $15.2 million, or $74,000 per room. The purchase price includes...