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Latest Mergers and acquisitions Stories

2014-10-30 16:29:12

-- Optimizes resources by leveraging shared-services -- HAYWARD, Calif., Oct. 30, 2014 /PRNewswire/ -- Impax Laboratories, Inc. (NASDAQ: IPXL) today announced a reorganization of its research and development (R&D) organizations and a prioritization of the project portfolios within the generic and brand businesses. As a result of the reorganization, the generic R&D organization will be responsible for early stage product development and analytical functions for all Impax products,...

2014-10-30 08:42:12

Wave of Technology Spin Offs Poses Fundamental Change to Competitive Landscape SAN JOSE, Calif., Oct. 30, 2014 /PRNewswire/ -- While momentum continues apace with slightly fewer but larger deals, the third quarter experienced an unprecedented series of spin off announcements from technology titans that signal fundamental competitive shifts, according to PwC's U.S. Q3 technology deals insights report, released today. Healthy valuations, built-up cash reserves and the ability to leverage equity...

2014-10-30 08:36:20

Combined Entity to be Named Zimmer Biomet WARSAW, Ind., Oct. 30, 2014 /PRNewswire/ -- Zimmer Holdings, Inc. (NYSE: ZMH and SIX: ZMH) today announced the future executive leadership team and organizational structure of the combined company following the closing of the Biomet transaction. Zimmer also announced that the combined organization will leverage the strength of both companies' brands and will be named Zimmer Biomet, with the new brand to be rolled out across the combined company...

2014-10-29 16:30:40

SUWANEE, Ga., Oct. 29, 2014 /PRNewswire/ -- Digirad Corporation (Nasdaq: DRAD) today announced that it has sent a letter to PDI, Inc. (Nasdaq: PDII), a healthcare commercialization services company, expressing its willingness to acquire the company, through an appropriate acquisition entity by merger or otherwise, for a premium to PDI's current market price, to be determined after due diligence and discussions with the company. Digirad anticipates the consideration would be comprised...

2014-10-29 16:23:32

Record Quarterly Revenue of $440.0 million, Up 20% Over Second Quarter 2014 HOUSTON, Oct. 29, 2014 /PRNewswire/ -- C&J Energy Services, Inc. (NYSE: CJES) today reported net income of $23.8 million, or $0.42 per diluted share, on revenue of $440.0 million for the third quarter of 2014, and Adjusted Net Income((1)) of $26.5 million, or $0.47 per diluted share((1)), after excluding a $2.7 million after-tax ($0.05 per diluted share) charge related to transaction costs associated...

2014-10-29 08:41:05

Brings 18+ years experience developing rapid-growth technology companies MEBANE, N.C., Oct. 29, 2014 /PRNewswire-iReach/ -- ARCA, a global leader in cash automation and payment technologies, today announced the hiring of Eric Teague as Chief Financial Officer. Teague will be responsible for ARCA's global financial operations, strategy and investor relations. Photo - http://photos.prnewswire.com/prnh/20141029/155130 "Eric brings tremendous value to ARCA and is a key component to...

2014-10-29 08:25:07

Company posts 34th consecutive quarter of improved earnings ATLANTA, Oct. 29, 2014 /PRNewswire/ -- Rollins, Inc. (NYSE: ROL), a premier global consumer and commercial services company, today reported strong unaudited financial results for its third quarter and nine months ended September 30, 2014. The Company recorded third quarter revenues of $384.9 million, an increase of 6.3% compared to $362.2 million in the prior year's third quarter. Net Income increased 13.6% to $41.1...

2014-10-29 08:24:25

- Future Flow Company to be a Standalone, Pure-Play Flow Company CHARLOTTE, N.C., Oct. 29, 2014 /PRNewswire/ -- SPX Corporation (NYSE: SPW) today announced that its Board of Directors has unanimously approved a plan for a tax-free spin-off of its Flow business into a new standalone, publicly traded company. This transaction is expected to be completed within twelve months. Upon completion of the spin-off, the Future Flow Company will be an independent, pure-play flow company...

2014-10-28 16:28:11

POINT RICHMOND, Calif., Oct. 28, 2014 /PRNewswire/ -- Transcept Pharmaceuticals, Inc. (Nasdaq: TSPT) announced today that, based upon the final vote count certified by the independent inspector of elections for the special meeting of stockholders held October 28, 2014, shareholders approved all of the merger-related proposals, including: (i) the merger and issuance of Transcept common stock pursuant to the Agreement and Plan of Merger and Reorganization, dated June 30, 2014, by and...

2014-10-28 16:22:59

Quarterly Dividend Increases $0.06 to $0.29 Per Share CLEVELAND, Oct. 28, 2014 /PRNewswire/ -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has approved a 26% increase in the quarterly cash dividend, from $0.23 per share to $0.29 per share, or to $1.16 per share on an annualized basis. The declared quarterly cash dividend of $0.29 per common share is payable January 15, 2015 to shareholders of record as of December 31, 2014. The...


Word of the Day
barghest
  • A goblin in English folklore, often appearing in the shape of a large dog and believed to portend imminent death or misfortune.
  • A ghost, wraith, hobgoblin, elf, or spirit.
The origin of 'barghest' is not known, but it may be from perhaps burh-ghest, town-ghost, or German Berg-geist (mountain spirit) or Bär-geist (bear-spirit).
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