Latest Mergers and acquisitions Stories
ST. LOUIS, June 19, 2013 /PRNewswire/ -- Consolidated Graphics, Inc. (NYSE: CGX) announced today that it has entered into a letter of intent to acquire Universal Printing Company located in St. Louis, Missouri. Terms of the transaction were not disclosed. Founded in 1939, Universal Printing Company is one of the country's leading web and sheetfed commercial printing companies, serving customers nationwide from a state of the art facility in St. Louis, Missouri. Universal's 150...
LOS ANGELES, June 19, 2013 /PRNewswire/ -- Seven Arts Entertainment Inc. (OTCQB: SAPX) ("Seven Arts" or the "Company") announced today that its Board of Directors has appointed an independent committee and is in discussions with a financial advisor to explore the possibility of a sale of the Company or its assets or the possibility of a merger as the best method to maximize stockholder value and to ensure retirement of all the Company's convertible debt securities. The Company is in...
NEW YORK, June 18, 2013 /PRNewswire/ -- Carl C. Icahn and his affiliates today delivered the following open letter to shareholders of Dell Inc. Dear Fellow Dell Shareholders: We take this opportunity to respond to rumors regarding the availability of financing for our proposal for a recapitalization at Dell and to address recent statements by Dell that demean the prospects of Dell. We are amazed by these statements by the Dell Board. In what other context would the person tasked...
BOSTON, June 18, 2013 /PRNewswire/ -- Morgenthaler Private Equity ("MPE") announced today the recent recapitalization of United Pipe & Steel Corp. ("UP&S" or "the Company"), a leading independent master distributor of steel, copper and plastic pipe as well as conduit used in water/wastewater, irrigation, plumbing, electrical and infrastructure construction applications. UP&S Founder and Owner, David Cohen, will retain a substantial ownership interest. President and CEO...
SAN DIEGO, June 17, 2013 /PRNewswire/ -- Shareholder rights attorneys at Robbins Arroyo LLP announce that the firm commenced a class action lawsuit on May 30, 2013, in the U.S. District Court, Southern District of Texas, Houston Division, on behalf of the shareholders of Dell Inc. ("Dell") (NASDAQ: DELL) against Dell and its board of directors for, among other things, violations of sections 14(a) and 20(a) of the Securities and Exchange Act of 1934 (the "Exchange Act") in connection...
SAN DIEGO and AUSTIN, Texas, June 17, 2013 /PRNewswire/ -- Vista Equity Partners today announced that its affiliates, Tomahawk Acquisition, LLC ("Parent") and Tomahawk Merger Sub, Inc. ("Purchaser"), waived the "Financing Proceeds Condition" described in the Offer to Purchase in connection with the previously announced tender offer to acquire all of the outstanding shares of common stock of Websense, Inc. (NASDAQ: WBSN) (the "Company") for $24.75 per share in cash, net to the seller...
SAN DIEGO, June 17, 2013 /PRNewswire/ -- BioMed Realty Trust, Inc. (NYSE: BMR) today announced that its board of directors has declared a second quarter 2013 dividend of $0.235 per share of common stock. The dividend is equivalent to an annualized dividend of $0.94 per common share. The common stock dividend is payable on July 15, 2013 to stockholders of record at the close of business on June 28, 2013. About BioMed Realty Trust BioMed Realty delivers optimal real estate...
FEDERAL WAY, Wash., June 16, 2013 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced that its board of directors has authorized the exploration of strategic alternatives with respect to Weyerhaeuser Real Estate Company (WRECO), Weyerhaeuser's homebuilding and real estate development business. The board intends to consider a broad range of alternatives including, but not limited to, continuing to hold and operate WRECO, or a merger, sale or spin-off of the business....
http://www.datasite.com - This article explores the current spending trends of these cash-rich corporations, the options available to them and how these businesses can use the money to invest and grow their business. New York, US (PRWEB) June 14, 2013 Read the full article here: http://bit.ly/14VuMcJ Recent reports indicate that many American companies are sitting on record amounts of cash due to high profits. What is surprising is the level of cash that these companies hold following...
SAN DIEGO & FINDLAY, Ohio, June 14, 2013 /PRNewswire/ -- Shareholder rights attorneys at Robbins Arroyo LLP are investigating the acquisition of Cooper Tire & Rubber Company (NYSE: CTB) by Apollo Tyres Ltd (NSE: ApolloTYRE). On June 12, 2013, the companies jointly announced the execution of a definitive merger agreement under which Apollo will acquire Cooper for $35.00 per share in cash. (Logo: http://photos.prnewswire.com/prnh/20130103/MM36754LOGO) Is the Acquisition...
