Latest Mergers and acquisitions Stories
Urges Clearwire Stockholders to Vote Against Sprint-Clearwire Combination HOUSTON, May 17, 2013 /PRNewswire-USNewswire/ -- Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (NASDAQ: CLWR), sent a letter to Clearwire stockholders today explaining the many ways that Clearwire could improve its financial position if they reject the proposed merger with Sprint Nextel Corporation. Specifically, the letter explains that "there are...
Study finds that corporate finance executives are looking for new ideas to generate income out of their undiscovered assets so they can continue to build the cash to fund expansion and beat the competition. Boston, MA (PRWEB) May 16, 2013 As we shift from the cash hoarding “bunker mentality” of recent years into the “growth mentality” of a slowly reviving economy, corporate finance executives are looking for new ideas to generate income out of their undiscovered assets so they...
ROCHESTER, N.Y., May 16, 2013 /PRNewswire/ -- Document Security Systems, Inc. (NYSE MKT: DSS), which previously entered into a definitive merger agreement with Lexington Technology Group (LTG) and is a leading developer of anti-counterfeiting, anti-fraud and authentication technologies for governments, corporations and financial institutions, today announced that it will be presenting at the following investor conferences in May: 14th Annual B. Riley & Co. Investor...
HOUSTON, May 16, 2013 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), a Fortune 500 automotive retailer, today announced that its board of directors declared a cash dividend of $0.16 per share for the first quarter of 2013. The dividend, which represents an increase of 6.7 percent, or $0.01 per share, from the fourth quarter of 2012, will be payable on June 17, 2013, to stockholders of record on June 3, 2013. Earl J. Hesterberg, Group 1's president and chief executive officer,...
New Letter Highlights Scheme by Sprint to Capture Clearwire Value HOUSTON, May 16, 2013 /PRNewswire/ -- Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (NASDAQ: CLWR), yesterday sent a letter to Clearwire stockholders detailing why it is asking Clearwire stockholders to reject the proposed merger with Sprint Nextel Corporation. The letter reiterates Crest's belief that Clearwire and its trove of spectrum is "the ultimate prize...
BROOMFIELD, Colo., May 16, 2013 /PRNewswire/ -- Ball Corporation (NYSE: BLL) announced today that it has closed its previously announced offering of $1 billion aggregate principal amount of 4% Senior Notes due 2023. Ball intends to use the net proceeds from the offering to pay the consideration, accrued and unpaid interest and related fees and expenses in connection with its previously announced tender offer and related consent solicitation for any and all of its outstanding 7.125%...
PHOENIX, May 16, 2013 /PRNewswire/ -- PTA Holdings, Inc. (OTC Pink Sheets: PTAH) announced today that the Company is in negotiations with a refrigerated truckload motor carrier that complements its existing trucker, Eggspress. Synergistic acquisitions provide for better equipment utilization which results in an increase in revenue per mile. During the last year, the Company has successfully concluded several acquisitions resulting in recently reported First Quarter (March 31,...
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Will Hold Earnings Conference Call on May 15, 2013 at 4:30 pm ET ROCHESTER, N.Y., May 15, 2013 /PRNewswire/ -- Document Security Systems, Inc. (NYSE MKT: DSS), which has previously entered into a definitive merger agreement with Lexington Technology Group and is a leading developer of anti-counterfeiting, anti-fraud and authentication technologies for governments, corporations and financial institutions, today announced its 2013 first quarter financial results. Highlights for 1Q13:...
Listed: TSX, NYSE Symbol: POT SASKATOON, SK, May 15, 2013 /PRNewswire/ - Potash Corporation of Saskatchewan Inc. (PotashCorp) announced today that its Board of Directors has approved an increase of the company's quarterly cash dividend (from $0.28 per share to $0.35 per share), and declared a quarterly cash dividend of US $0.35 per common share payable August 2, 2013 to shareholders of record on July 12, 2013. "The confidence we have in our ability to generate strong cash...
