Month: March 2015

The Hollinger Group Closes on Sale of Eleven Senior Properties For $83.6 Million Leader in Post Acute Care Services Announces Plans for Future Growth PR Newswire MECHANICSBURG, Pa., March 31, 2015 MECHANICSBURG, Pa. , March 31, 2015 /PRNewswire/ — The Hollinger Group (“THG” or “Hollinger Group”) a private owner and operator of Assisted Living Communities, Independent Living Communities and Transitional Care Facilities today announced the final closing on the sale of eleven senior care properties for $83.6 Million . The buyer of the properties was a private Real Estate Investment Trust (REIT) that has plans to partner with two separate senior care providers that will manage the day-to-day operations of the eleven properties with a combined 717 beds and 583 units. […]

Allison Transmission announces receipt of requisite consents and expiration of consent solicitation PR Newswire INDIANAPOLIS, March 31, 2015 INDIANAPOLIS , March 31, 2015 /PRNewswire/ — Allison Transmission, Inc. (“Allison”), a wholly owned subsidiary of Allison Transmission Holdings, Inc., announced today that in connection with its cash tender offer to purchase any and all of its outstanding 7.125% Senior Notes due 2019 (CUSIP Nos. […]

Willbros Closes Sale of Premier Services to USIC Locating Services, LLC PR Newswire HOUSTON, March 31, 2015 HOUSTON , March 31, 2015 /PRNewswire/ — Willbros Group, Inc. (NYSE: WG) today announced that it has closed the transaction for the sale of all outstanding membership units of its Premier Services subsidiary to USIC Locating Services, LLC, a subsidiary of USIC, LLC. Willbros will apply net proceeds from the sale to debt reduction, expected to be in the range of $40 to $45 million , after customary closing costs and adjustments […]

Confie Seguros Acquires Three East Coast Brokerages New Offices in Florida, New York and South Carolina Continue Firm’s Geographic Buildout PR Newswire HUNTINGTON BEACH, Calif., March 31, 2015 HUNTINGTON BEACH, Calif. , March 31, 2015 /PRNewswire/ — Confie Seguros , a national provider of personal lines insurance, announced today that it has acquired three East Coast insurance brokerages, further strengthening the geographic footprint of its national retail organization which oversees over 650 offices. […]

CipherCloud Acquires Cloud Security Analytics Technology Incorporates advanced cloud risk rating and real-time detection capabilities to enhance its cloud security platform PR Newswire SAN JOSE, Calif., March 31, 2015 SAN JOSE, Calif. , March 31, 2015 /PRNewswire/ — Today, CipherCloud , a leader in cloud security, expands its platform through the acquisition of core technology from Anicut Systems , a privately held provider of adaptive security as a service. This acquisition complements the company’s commitment to delivering a holistic cloud security platform that enables enterprise cloud adoption […]

ZD Ventures terminates purchase agreement with Bluesence Innovation Group S.L. PR Newswire TORONTO, March 31, 2015 TORONTO , March 31, 2015 /PRNewswire/ – ZD Ventures Corporation (OTCBB: ZDVN) (“The Company” “ZD Ventures”) announces that the previously announced agreement to acquire Bluesence Innovation Group S.L. […]

Uroplasty and Vision-Sciences Complete Merger Creates New Medical Device Company: Cogentix Medical, Inc. Cogentix shares will begin trading under symbol CGNT on April 1, 2015 PR Newswire MINNEAPOLIS and ORANGEBURG, N.Y., March 31, 2015 MINNEAPOLIS and ORANGEBURG, N.Y., March 31, 2015 /PRNewswire/ — Uroplasty, Inc. (NASDAQ: UPI) and Vision-Sciences, Inc. […]

HSBC Announces Update On Its Tender Offer For Preferred Securities Issued By Swiss Re Capital I LP And Guaranteed By Swiss Reinsurance Company Ltd PR Newswire ZURICH, March 31, 2015 ZURICH , March 31, 2015 /PRNewswire/ — HSBC Bank plc (” HSBC “) today announces the termination of its offer to purchase the outstanding 6.854% Perpetual Subordinated Step-Up Preferred Securities (liquidation preference $1,000 per Preferred Security) (Rule 144A CUSIP / ISIN / Common Code: 87089AAA6 / US87089AAA60 / 025409060; Regulation S CUSIP / ISIN / Common Code: G86303AA5 / USG86303AA52 / 025409086) (the ” Preferred Securities “), issued by Swiss Re Capital I LP (the ” Issuer “) and guaranteed on a subordinated basis by Swiss Reinsurance Company Ltd (” Swiss Re “) (the ” Offer” ). The Offer was made upon the terms and subject to the conditions contained in the offer to purchase dated March 18, 2015 (the “Offer to Purchase “). Capitalised terms used and not defined have the meanings set forth in the Offer to Purchase. […]