Latest Corporate finance Stories

AURORA, ON, June 4, 2013 /PRNewswire/ - Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Ontario Securities Commission ("OSC") has issued an issuer bid exemption order (the "June Order") permitting us to make private agreement purchases from an arm's length third-party seller. Magna International Inc. was previously granted an issuer bid exemption order (the "March Order") on March 22, 2013 permitting us to make private agreement purchases from arm's length...

CLEVELAND, June 4, 2013 /PRNewswire/ -- DATATRAK International, Inc. (OTCQX: DTRK), a leader in developing cloud-based, unified eClinical® technologies and delivering related services for the clinical trials industry, today announced that its 1-for-12 reverse stock split of DATATRAK Common Shares no par value became effective following market close on Monday, June 3, 2013, and began trading on a split-adjusted basis on the OTCQX Markets when the exchange opened on Tuesday June 4,...

Founders to demonstrate monthly investor conference and virtual "CEO investor road show" to hundreds of investor relations officers NEW YORK, June 4, 2013 /PRNewswire/ -- PR Newswire and RetailInvestorConferences.com co-founder BetterInvesting will celebrate their 30(th) virtual retail investor conference at the National Investor Relations Institute (NIRI) 2013 Annual Conference to be held June 9 -12 in Hollywood, Fla. (Logo: http://photos.prnewswire.com/prnh/20130117/NY44355LOGO-a...

DALY CITY, Calif., June 4, 2013 /PRNewswire/ -- Genesys Telecommunications Laboratories, Inc. is commencing today, through its direct wholly-owned subsidiary Sonar Merger Sub Inc., a cash tender offer to purchase all outstanding shares of common stock of SoundBite Communications, Inc. (NASDAQ: SDBT). Genesys announced its intention to acquire SoundBite on Monday, May 20, 2013. Upon the successful closing of the tender offer, stockholders of SoundBite will receive $5.00 in cash for...

Company to raise $20,000,000 to fund business plan and product commercialization efforts TUCSON, Ariz., June 4, 2013 /PRNewswire/ -- Accelerate Diagnostics, Inc. (NASDAQ: AXDX), an in vitro diagnostics company dedicated to providing solutions for the global challenge of drug resistant organisms and hospital acquired infections, today announced that it has filed a Registration Statement on Form S-3 with the Securities and Exchange Commission (the "SEC") for a rights offering to...

It’s a seller’s market for great private companies. San Francisco, CA (PRWEB) June 03, 2013 With increasing signs of a recovering U.S. economy and with record setting amounts of capital in the hands of large corporations (“strategic buyers”), Private Equity firms (“PE”) and hybrid investors (neither strategic nor PE, for example wealthy individuals and family offices), private business owners contemplating a sale are fortunately faced with a myriad of options. Add to these...

INCLINE VILLAGE, Nev., June 3, 2013 /PRNewswire/ -- PDL BioPharma, Inc. (PDL) (NASDAQ: PDLI) today announced that the adjusted conversion rate for the: 2.875% Convertible Senior Notes due February 15, 2015 (February 2015 Notes) is 176.389 shares of common stock per $1,000 principal amount or approximately $5.67 per share, effective June 6, 2013; 3.75% Convertible Senior Notes due May 1, 2015 (May 2015 Notes) is 154.4189 shares of common stock per $1,000 principal amount or...

Sends letter to Sprint Board demanding that Sprint not "interfere with the Clearwire board of directors' full consideration of DISH's tender offer" and allow "a truly fair and competitive bidding process" to take place HOUSTON, June 3, 2013 /PRNewswire/ -- Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (NASDAQ: CLWR), sent a letter to Sprint Nextel Corporation's Board of Directors stating that DISH Network Corporation's...

GEORGESON inVU(TM) PLATFORM OFFERS INSIGHT INTO INVESTOR OWNERSHIP AND VOTING PROFILES NEW YORK, June 3, 2013 /PRNewswire/ -- Georgeson, a Computershare company, and the world's foremost provider of strategic shareholder consulting services to corporations and shareholder groups, announced today that it launched the Georgeson inVU platform. This is the first-ever integrated, web-based platform for both investor relations professionals (IROs) and corporate secretaries, and it enables...

MINNEAPOLIS, MN, June 3, 2013 /PRNewswire/ - BioAmber Inc. ("BioAmber") (NYSE: BIOA.U), announced today that commencing on June 10, 2013, the common stock and warrants comprising BioAmber's units will as previously disclosed begin trading separately on the New York Stock Exchange ("NYSE") under the symbols "BIOA" and "BIOA.WS", respectively.  The units consist of one share of common stock and one warrant to purchase one half of one share of common stock at an exercise price of...