Month: July 2011

Roark Capital Group Completes Acquisition of Arby’s Nation’s 2nd Largest Quick-Service Sandwich Chain is Roark’s 21st Franchise Company PR Newswire ATLANTA, July 5, 2011 ATLANTA , July 5, 2011 /PRNewswire/ — Roark Capital Group, an Atlanta -based private equity firm that focuses on investing in franchise and brand management companies, announced today that its affiliate has completed the acquisition of Arby’s Restaurant Group, the second largest quick-service sandwich chain in the United States with more than 3,600 restaurants. Neal Aronson , Managing Partner of Roark Capital Group, said, “Arby’s is an iconic brand with a unique position in the marketplace. We are excited to partner with Arby’s President Hala Moddelmog and the many dedicated employees and franchisees of the Arby’s brand.” Arby’s represents the 21st franchise brand and the 11th restaurant company acquired by Roark. […]

Crestline Hotels & Resorts Announces the Appointment of Jean-Pierre Lamarre to General Manager for the Courtyard by Marriott Washington Capitol Hill/Navy Yard PR Newswire FAIRFAX, Va., July 5, 2011 FAIRFAX, Va. , July 5, 2011 /PRNewswire/ — Crestline Hotels & Resorts, Inc. […]

BNY Mellon Completes Acquisition of Talon Asset Management of Chicago BNY Mellon Wealth Management Enters Third Largest U.S. Wealth Market; Michael DiMedio Named President of New Office PR Newswire NEW YORK and CHICAGO, July 5, 2011 NEW YORK and CHICAGO , July 5, 2011 /PRNewswire/ — BNY Mellon, a global leader in investment management and investment services, has completed its acquisition of Chicago -based Talon Asset Management’s wealth management operations, and has named Managing Director Michael DiMedio regional president of the wealth manager’s first Chicago office. The acquisition of Talon’s wealth management business adds more than $800 million in assets under management to BNY Mellon’s wealth management business […]

Bireme Announces Expiration and Preliminary Results of Tender Offer PR Newswire NEW YORK, July 5, 2011 NEW YORK , July 5, 2011 /PRNewswire/ — Bireme Limited announced the expiration and preliminary results of its tender offer to purchase ordinary shares, par value $0.01 per share (“Ordinary Shares”), of Acorn International, Inc. (“Acorn”) (NYSE: ATV), and American Depositary Shares of Acorn (“ADSs”), each representing three Ordinary Shares, in an aggregate amount not to exceed 20,000,000 Ordinary Shares (taking into account both Ordinary Shares that are tendered and Ordinary Shares underlying ADSs that are tendered). […]

QGEP Acquires Stake in BM-S-8 in the Santos Basin PR Newswire RIO DE JANEIRO, July 5, 2011 RIO DE JANEIRO , July 5, 2011 /PRNewswire/ — QGEP Participacoes S.A. (BMF&Bovespa: QGEP3), Brazil ‘s largest private sector Exploration and Production (E&P) company on annualized daily production of barrels of oil equivalent (BOE), today announced that Queiroz Galvao Exploracao e Producao S.A. […]

Mindray Medical to Acquire a Controlling Stake in Suzhou Hyssen Electronics PR Newswire SHENZHEN, China, July 5, 2011 SHENZHEN, China , July 5, 2011 /PRNewswire-Asia-FirstCall/ — Mindray Medical International Limited (NYSE: MR), a leading developer, manufacturer and marketer of medical devices worldwide, announced today an agreement to acquire a controlling stake of Suzhou Hyssen Electronics Co. Ltd (“Hyssen”). The terms of the agreement were not disclosed as the transaction is non-material to Mindray’s financial statements […]

Pioneer Behavioral Health Completes Acquisition of MeadowWood Behavioral Health Combination Increases PHC’s Annual Revenues by Approximately $14.6 Million, or 30% PR Newswire PEABODY, Mass., July 5, 2011 PEABODY, Mass. , July 5, 2011 /PRNewswire/ — PHC, Inc., d/b/a Pioneer Behavioral Health (NYSE Amex: PHC), a leading provider of inpatient and outpatient behavioral health services, today announced that on July 1 , it completed the acquisition of MeadowWood Behavioral Health, located in New Castle, Delaware , on the terms previously announced. […]

CareFusion to Acquire Pharmacy Automation Innovator Rowa Acquisition accelerates growth of CareFusion Pyxis dispensing technologies into global retail and hospital pharmacies PR Newswire SAN DIEGO, July 5, 2011 SAN DIEGO , July 5, 2011 /PRNewswire/ — CareFusion (NYSE: CFN), a leading, global medical technology company, today announced an agreement to acquire Rowa, a Germany -based company specializing in robotic medication storage and retrieval systems for retail and hospital pharmacies, for approximately $150 million . “Rowa is the clear pharmacy automation leader in Western Europe with innovative technology that is complementary to our Pyxis portfolio of products,” said Kieran Gallahue , chairman and CEO of CareFusion. “Combined, we see an opportunity to provide customers outside the U.S. […]

Westport Closes Acquisition of Emer S.p.A. PR Newswire VANCOUVER, July 5, 2011 ~Previously Announced Acquisition Closes on Schedule~ VANCOUVER , July 5, 2011 /PRNewswire/ – Westport Innovations Inc. (TSX:WPT / NASDAQ:WPRT), a global leader in alternative fuel, low-emissions transportation technologies, today announced that it has completed the previously announced purchase of Emer S.p.A […]