The Idea in Brief Half of all acquiring companies pay more for target firms than they're worth. Often it's because of executives' mental biases: Their interest in a deal keeps them from being objective about its value....
Midtown Partners & Co., LLC of Tampa, FL,has been engaged in a merger and acquisition capacity to assist ValCom,Inc. (PINKSHEETS: VLCO) (FRANKFURT: VAM) in purchasing targetedacquisitions. The strategy is a continuum of ValCom's recent record ofacquisitions and mergers that are determined to be a focused re-structurefor the company that once...
Halifax stock plunges 14 per cent amid speculation that Lloyds TSB will renegotiate offer LLOYDS TSB is coming under increasing pressure to attempt to renegotiate its planned takeover of HBOS as leading shareholders press it on the widening difference between the value of its offer for...
iiBIG presents the Investment and M&AOpportunities in Managed Care conference, scheduled for November 17-18,2008, at the New York Marriott Marquis in New York City. The conference takes place as stocks rose last week for top managed carecompanies like Aetna, CIGNA, Coventry Healthcare, Humana, UnitedHealth, andWellPoint and as industry analysts expressed...
S3 Investment Company, Inc. (PINKSHEETS: SIVC), which, with its wholly owned Redwood Capital subsidiary, assistsprivate Chinese companies in accessing the U.S. capital markets throughreverse mergers into public companies, today announced the expectedschedule for the completion of the financial reports necessary to apply forreinstatement to the Over-the-Counter Bulletin Board OTCBB market....
As part of an international effort to enhancetransatlantic support for business innovations, NineSigma , Intrasoft International,RTI International, and the European-American Business Organization haveformed the US-EU Match consortium. The group is focused on connecting U.S.organizations to potential partners in 40 countries via the EnterpriseEurope Network. US-EU Match is the exclusive...
Company Assembles Experts in Response to Financial Industry Turmoil BELLEVUE, Wash. -- Applied Discovery[R], a division of LexisNexis[R] and a leader in comprehensive electronic discovery products and services, today announced the formation of a Financial Crisis Response Team that is poised for rapid mobilization to work with corporations...
Business News In Brief Tripartite merger talks between the travel operator Thomas Cook, its German rival Tui and Lufthansa, which had aimed to merge the three groups' budget airline businesses in Germany, collapsed yesterday when Thomas Cook said its Condor division had a better future on...
A Delaware judge ruled Monday that Apollo Management LP can't renege on a $6.54 billion agreement to buy Huntsman Corp. and must comply with the terms of the purchase agreement. In a 91-page ruling, Delaware Chancery Court Judge Stephen Lamb stated Apollo and Hexion Specialty Chemicals Inc....
Continuing the expansion of its fulfillmentand distribution services, marketing services provider W.A. Wilde Companytoday announced that it has acquired G3 Packaging and Services Corporationof Cincinnati, OH. The combined organizations will move into a new facilityin West Chester, Ohio to meet the demands of the merged companies. At141,000 square feet, this...
Precision Drilling Trust ("Precision"), (TSX: PD.UN) (NYSE: PDS) and Grey Wolf, Inc. ("Grey Wolf"), (AMEX: GW) announced today that the Federal Trade Commission has completed its review of the proposed acquisition by Precision of Grey Wolf and has granted early termination of the Hart-Scott-Rodino ("HSR") waiting period, effective September 26,...
NEW YORK AP -- The New York Sun is shutting down after running out of money, ending a six-year run in which the newspaper provided an alternative conservative voice in the city's crowded media market. Today's edition will be the paper's last, newspaper spokesman Michael Moi said...
After shares of Constellation Energy Group Inc. plunged 40 percent Monday on the basis of an Internet report that the company could file for bankruptcy, a source close to the firm called the story "absolutely false." Constellation's stock price dropped as low as $15 during trading Monday,...
The Space and Naval Warfare Systems Center New Orleans is merging with SPAWAR in Charleston, S.C., and SPAWAR Norfolk, Va., to become SPAWAR Systems Center Atlantic. The merger will mean increased economic development, high-tech jobs and a more stable future for the Navy's information technology hub at...
Tulane University said it has received notice that attorneys for two women opposed to the merger of Newcomb College and Tulane's six other undergraduate colleges have dismissed their lawsuit against the university. Parma Howard, of Columbia, S.C., and Jane Matthis Smith, of Greenville, N.C., heirs of Josephine...
Two of Oklahoma's largest independent CPA firms will merge Jan. 1, creating the 165-employee HoganTaylor LLP. With projected $21 million annual billings, up from the equivalent of $18 million last year, the new firm draws equally from its two merging components - Hogan & Slovacek, and Tullius...
COLUMBUS, Ohio -- Hexion Specialty Chemicals, Inc. issued the following statement regarding today's decision by the Delaware Chancery Court relating to the merger agreement between Hexion and Huntsman Corporation (NYSE: HUN): "We are disappointed by the Court's decision. We are reviewing the decision and our options. ...
FARMINGTON, Conn. & ST. PETERSBURG, Fla. -- FMG Acquisition Corp. (OTCBB: FMGQ; FMGQW; FMGQU) ("FMG" or the "Company") today announced that its stockholders have approved the merger with United Insurance Holdings L.C. ("United"), an underwriter of homeowners and selected small business insurance in the state of Florida. The...
New Company will be Named Wendy's/Arby's Group, Inc. ATLANTA & DUBLIN, Ohio -- Triarc Companies, Inc. (NYSE: TRY; TRY.B), the parent company of Arby's Restaurant Group, Inc., which is the franchisor of the Arby's[R] restaurant system, and Wendy's International, Inc. (NYSE: WEN), announced today that they have completed...
The Purchase Price Was $78.4 Million in Cash, Resulting in a Consideration of $2.53 for Each Share of Memry Corporation's Common Stock. BETHEL, Conn. -- Memry Corporation announced today the closing of its acquisition by SAES Getters S.p.A., a world leader in a variety of scientific and industrial...
Articles 2008-09-29
<< Previous
page 1 of 1
Next >>
Premier Vendor Content
Whitepapers, webcasts & resources from our Power Center Sponsors