Mergers & Acquisitions

CME Group and GFI Group Announce Revised Offer for GFI Group Stockholders to Receive $5.60 per GFI Group Share

CME Group and GFI Group Announce Revised Offer for GFI Group Stockholders to Receive $5.60 per GFI Group Share — Private Consortium of GFI Group Management to Increase Cash Payment for GFI’s IDB Business to $282M from $254M Plus the Assumption at Closing of Approximately $77M in Unvested Deferred Compensation Liability to Employees — Increased Consideration Passed Entirely to Holders of GFI Stock Excluding GFI Group Management Consortium Who Will Receive Only $5.25 per Share PR Newswire LONDON and CHICAGO and NEW YORK, Jan. 15, 2015 LONDON and CHICAGO and NEW YORK , Jan. […]

Mergers & Acquisitions

Azure Midstream Energy, LLC to Acquire Marlin Midstream Partners, LP’s General Partner and Azure to Contribute Legacy Gathering System for $162.5 Million to Marlin, Forming ~$500 Million Midstream Partnership

Azure Midstream Energy, LLC to Acquire Marlin Midstream Partners, LP’s General Partner and Azure to Contribute Legacy Gathering System for $162.5 Million to Marlin, Forming ~$500 Million Midstream Partnership – Azure to acquire Marlin’s general partner and 90% of its incentive distribution rights – Azure to contribute the Legacy gathering system to Marlin for $162.5 million – Combination creates a Partnership with an enterprise value of over $500 million with a significant inventory of assets for potential future dropdowns from Azure PR Newswire DALLAS, Jan. 15, 2015 DALLAS , Jan. 15, 2015 /PRNewswire/ — Azure Midstream Energy, LLC (“Azure”) today announced that Azure, Marlin Midstream Partners, LP (Nasdaq: FISH, ” Marlin ” or the “Partnership”) and Marlin’s sponsor, NuDevco Midstream Development, LLC (“NuDevco”) have entered into definitive agreements that will result in Azure owning 100% of the general partner of Marlin and 90% ownership of the total outstanding incentive distribution rights (“IDRs”) in Marlin […]

Mergers & Acquisitions

Holtzbrinck Publishing Group and BC Partners Announce Agreement to Merge Majority of Macmillan Science and Education with Springer Science+Business Media

Holtzbrinck Publishing Group and BC Partners Announce Agreement to Merge Majority of Macmillan Science and Education with Springer Science+Business Media Joint venture will create a leading publishing group with c. EUR 1.5 billion turnover and 13,000 employees PR Newswire LONDON and BERLIN, January 15, 2015 LONDON and BERLIN , January 15, 2015 /PRNewswire/ — Holtzbrinck Publishing Group (Holtzbrinck) and BC Partners (BCP) announced today that they have reached an agreement to merge Springer Science+Business Media (owned by funds advised by BCP) in its entirety with the majority of Holtzbrinck-owned Macmillan Science and Education (MSE), namely Nature Publishing Group, Palgrave Macmillan and the global businesses of Macmillan Education. […]

Stock Analysts

Boeing to Exit from Commercial Cybersecurity Business

According to media reports, The Boeing Company ( BA ) entered into an agreement with Symantec Corporation ( SYMC ), under which the latter agreed to purchase technology rights from the former’s cybersecurity business unit, Narus Inc. Per the deal, Symantec will also hire 65 engineers and data scientists from Boeing’s Narus security division. Narus specializes in manufacturing Internet-filtering software and network monitoring technologies that are used widely by intelligence agencies and the U.S. […]