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Latest Mergers and acquisitions Stories

2014-08-29 16:25:24

BEIJING, Aug. 29, 2014 /PRNewswire/ -- iSoftStone Holdings Limited ("iSoftStone" or "the Company," NYSE: ISS), a leading China-based IT services provider in the People's Republic of China, announced today the completion of the merger (the "merger") with New iSoftStone Acquisition Limited ("Merger Sub"), a wholly-owned subsidiary of New iSoftStone Holdings Limited ("Parent"), pursuant to the agreement and plan of merger (the "merger agreement") dated April 18, 2014 by and among Parent,...

2014-08-28 16:28:17

OWINGS MILLS, Md., Aug. 28, 2014 /PRNewswire/ -- Medifast (NYSE: MED) today announced that its Board of Directors has unanimously adopted a one-year stockholder rights plan (the "Rights Plan") and declared a dividend of one right for each outstanding share of Medifast common stock. The Rights Plan expires on August 28, 2015, and the Board of Directors may terminate the Rights Plan at any time if it no longer believes that the Rights Plan is in the best interests of the Company and...

2014-08-28 12:34:07

RYE, N.Y., Aug. 28, 2014 /PRNewswire/ -- LICT Corporation (OTC Pink®: LICT) ("LICT" or the "Company") announced today that it has received an unsolicited, preliminary and non-binding proposal from an unaffiliated third party to acquire the Company. As with an earlier unsolicited proposal which LICT disclosed on February 19, 2014, the current proposal represents a significant premium to LICT's recent trading price. In addition, the proposed price is closer to the prevailing financial...

2014-08-28 08:32:18

Free email newsletter reaches 65,000 chief executives GREENWICH, Conn., Aug. 28, 2014 /PRNewswire/ -- Mid-market companies are a powerful force in the U.S. economy: These 200,000 businesses with annual revenue between $10 million and $1 billion generate 33 percent of U.S. GDP and employ one-third of all Americans in the private sector. They contribute to the economy, generate growth and spur innovation at outsized rates. But unlike the giant public corporations whose every moves are covered...

2014-08-28 08:31:29

CHICAGO, Aug. 28, 2014 /PRNewswire/ -- Cobra Electronics Corporation (NASDAQ: COBR), a leading global designer and marketer of mobile communications and navigation products, and Monomoy Capital Partners II, L.P. ("Monomoy") a New York private equity fund focused on value investing and business improvement, announced today that Cobra Electronics and entities affiliated with Monomoy have executed a definitive merger agreement pursuant to which an affiliate of Monomoy will acquire all of...

2014-08-27 16:27:49

ATLANTA, Aug. 27, 2014 /PRNewswire/ -- Premiere Global Services, Inc. (NYSE: PGI), a global leader in collaboration software and services for over 20 years, today announced it has closed an amendment to its credit facility that provides for, among other things: (i) increasing the overall borrowing capacity to $500 million from $400 million; (ii) extending the maturity of the credit facility for one additional year to August 27, 2019; (iii) reducing the applicable interest rates across...

2014-08-27 08:21:43

HARTFORD, Conn., Aug. 27, 2014 /PRNewswire/ -- In advance of a meeting today with investors, United Technologies Corp. (NYSE: UTX) reaffirms 2014 earnings per share expectations of $6.75 to $6.85, up 9 - 10% from the prior year, on sales of about $65 billion. The Company also plans to increase the level of share repurchases for the year from the previously announced $1.25 billion to $1.35 billion. http://photos.prnewswire.com/prnvar/20140122/NE50390LOGO United Technologies Corp.,...

2014-08-27 00:21:10

RIO DE JANEIRO, Aug. 26, 2014 /PRNewswire/ -- Oi S.A. ("Oi" or "Company", Bovespa: OIBR3, OIBR4; NYSE: OIBR and OIBR.C), in compliance with art. 157, section 4 of Law No. 6,404/76 and CVM Instruction No. 358/02, hereby informs its shareholders and the market in general that, on this date, the Company engaged Banco BTG Pactual S.A. to act as agent (comissario), pursuant to article 693 of the Brazilian Civil Code, in its own name and on behalf of Oi, to review alternatives with the...

2014-08-26 16:28:50

SARASOTA, Fla., Aug. 26, 2014 /PRNewswire/ -- Roper Industries, Inc. (NYSE: ROP) today announced that it has acquired Strategic Healthcare Programs, LLC (SHP) and Innovative Product Achievements, LLC (IPA). Both companies will become part of Roper's Medical and Scientific Imaging segment. SHP, headquartered in Santa Barbara, CA, is a leading provider of software and informatics solutions to the post-acute healthcare market. SHP delivers data-driven insight to over 3,000 post-acute...

2014-08-26 08:26:44

BEIJING, Aug. 26, 2014 /PRNewswire-FirstCall/ -- Charm Communications Inc. (NASDAQ: CHRM) ("Charm" or the "Company"), a leading advertising agency in China, announced today that it has called an extraordinary general meeting of shareholders (the "EGM"), to be held on September 22, 2014 at 10:00 a.m. (Hong Kong time), at the offices of Simpson Thacher & Bartlett, 35/F, ICBC Tower, 3 Garden Road, Hong Kong, to consider and vote on the proposal to authorize and approve the previously...


Word of the Day
monteith
  • A large punch-bowl of the eighteenth century, usually of silver and with a movable rim, and decorated with flutings and a scalloped edge. It was also used for cooling and carrying wine-glasses.
  • A kind of cotton handkerchief having white spots on a colored ground, the spots being produced by a chemical which discharges the color.
This word is possibly named after Monteith (Monteigh), 'an eccentric 17th-century Scotsman who wore a cloak scalloped at the hem.'
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