Mergers & Acquisitions

Visteon Completes First and Largest Phase of Divestiture of Automotive Interiors Business to Affiliate of Cerberus Capital Management

Visteon Completes First and Largest Phase of Divestiture of Automotive Interiors Business to Affiliate of Cerberus Capital Management Transaction supports Visteon’s focus on core growth automotive businesses: cockpit electronics and thermal energy management PR Newswire VAN BUREN TOWNSHIP, Mich., Nov. 3, 2014 VAN BUREN TOWNSHIP, Mich. , Nov […]

Mergers & Acquisitions

Covance Reports Third Quarter Net Revenue Growth of 3.4% to $627 Million, Pro Forma EPS Growth of 18.2% to $0.98 and Adjusted Net Orders of $752 Million

Covance Reports Third Quarter Net Revenue Growth of 3.4% to $627 Million, Pro Forma EPS Growth of 18.2% to $0.98 and Adjusted Net Orders of $752 Million — FY2014 Pro Forma EPS updated to the range of $3.78 to $3.81 reflecting significant strengthening of the US Dollar– PR Newswire PRINCETON, N.J., Nov. 3, 2014 PRINCETON, N.J. , Nov […]

Mergers & Acquisitions

Origin Agritech Announces Decision Not to Pursue Xindaxin’s Acquisition Proposal

Origin Agritech Announces Decision Not to Pursue Xindaxin’s Acquisition Proposal PR Newswire BEIJING, Nov. 3, 2014 BEIJING , Nov. 3, 2014 /PRNewswire/ — Origin Agritech Limited (NASDAQ GS: SEED) (” Origin “, or the ” Company “), a technology-focused supplier of crop seeds in China , today announced that its Board of Directors (the ” Board “) has determined that Hunan Xindaxin Company Limited’s (” Xindaxin “) unsolicited non-binding proposal (the ” Proposal “) to acquire the Company for US$2.50 in cash per ordinary share of the Company, as set forth in Xindaxin’s preliminary non-binding proposal letter dated May 12, 2014 and as previously announced on May 13, 2014 , is not in the best interests of the Company and its shareholders […]

Mergers & Acquisitions

RCS Capital Corporation Terminates Agreement to Acquire Cole Capital

RCS Capital Corporation Terminates Agreement to Acquire Cole Capital Announces Termination of Related Sub-Advisory and Wholesaling Agreements PR Newswire NEW YORK, Nov. 3, 2014 NEW YORK , Nov. 3, 2014 /PRNewswire/ — RCS Capital Corporation (“RCAP”) (NYSE: RCAP), announced today that it has terminated the previously disclosed definitive agreement to acquire Cole Capital Partners, LLC and Cole Capital Advisors, Inc […]

Max Keiser

Keiser Report: Naughty Banking Boys (E674)

[youtube YxhberGtKVM] In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss how, in the words of Laura Ingalls Wilder, once you begin being naughty, it is easier to go and on and on, and sooner or later something dreadful happens. And in a world of very naughty bankers, many dreadful things have happened. In the second half Max interviews Dan Collins of TheChinaMoneyReport.com about the emerging post-dollar order as evidenced in the newly launched Asian Infrastructure and Investment Bank and the Shanghai-Hong Kong Connect scheme […]