Month: June 2015

ISSI Responds to Increased Non-binding Offer from Cypress Semiconductor PR Newswire MILPITAS, Calif., June 1, 2015 MILPITAS, Calif. , June 1, 2015 /PRNewswire/ — Integrated Silicon Solution, Inc. (Nasdaq: ISSI) today acknowledged the receipt of a revised unsolicited non-binding offer from Cypress Semiconductor Corporation (Nasdaq: CY) to acquire all of the outstanding common stock of ISSI for $20.25 per share in cash. […]

OM Group, Inc. Agrees To Be Acquired By Apollo Affiliated Funds In Partnership With Platform Specialty Products Corporation For $34.00 Per Share In An All Cash Transaction Transaction Delivers Significant Value to OM Group Stockholders and Provides Path for Future Growth of Its Businesses PR Newswire CLEVELAND, NEW YORK and WEST PALM BEACH, Fla., June 1, 2015 CLEVELAND, NEW YORK and WEST PALM BEACH, Fla. , June 1, 2015 /PRNewswire/ — OM Group, Inc […]

Logic Acquires MICROS Systems Integrator Cascadera Acquisition establishes Logic as the leading global Oracle MICROS systems integrator with a team of more than 50 dedicated MICROS personnel delivering strategic advisory services, deployment, Cloud-based hosting and support services. PR Newswire BLOOMINGTON, Minn., June 1, 2015 BLOOMINGTON, Minn. , June 1, 2015 /PRNewswire/ — Logic Information Systems, Inc., a leading global Oracle Retail systems integrator, today announced it has completed the acquisition of privately held Cascadera, the number one independent Oracle MICROS systems integrator […]

Actavis Completes Acquisition of Auden Mckenzie PR Newswire DUBLIN, June 1, 2015 DUBLIN , June 1, 2015 /PRNewswire/ — Actavis plc (NYSE: ACT) today announced that it has completed its acquisition of Auden Mckenzie Holdings Limited, a dynamic and fast growing company focused on the development, licensing and marketing of niche generic medicines and proprietary brands in the UK. Actavis acquired Auden Mckenzie for approximately £306 million in cash, plus a two-year royalty on a percentage of gross profits of one of Auden Mckenzie’s products. […]

Nomad Holdings Limited Completes Acquisition of Iglo Foods Holdings Limited Stefan Descheemaeker joins Nomad as Chief Executive Officer Entity renamed Nomad Foods Limited, Establishes Strong Foothold in Frozen Foods Space PR Newswire TORTOLA, British Virgin Islands, June 1, 2015 TORTOLA, British Virgin Islands, June 1, 2015 /PRNewswire/ — Nomad Holdings Limited (LSE: NHL) announced today that it has completed its acquisition of Iglo Foods Holdings Limited (“Iglo Group”), Europe’s leading frozen food company, for approximately €2.6 billion. With the closing of this transaction, Nomad has been renamed Nomad Foods Limited (“Nomad” or “the Company”). The transaction was funded through a combination of Nomad’s cash on hand, equity and proceeds from a private placement of approximately $795 million at US$10.50 per ordinary share to a limited group of institutional investors, assumption of Iglo Group’s existing indebtedness and the early exercise of most of Nomad’s outstanding warrants. […]

American Hotel Income Properties REIT LP announces acquisition of a nine-hotel branded, select-service portfolio for US$53.5 million PR Newswire VANCOUVER, June 1, 2015 VANCOUVER , June 1, 2015 /PRNewswire/ – American Hotel Income Properties REIT LP (” AHIP “) (TSX: HOT.UN; OTCQX: AHOTF) announced today that it has agreed to acquire through its subsidiaries a portfolio of nine branded, select-service hotel properties (the ” Acquisition Properties “) located in Illinois , Iowa , Kansas , Missouri and Oklahoma for an aggregate purchase price of US$53.5 million , excluding closing and post-acquisition adjustments. In addition, the Acquisition Properties will require brand-mandated property improvement plans (” PIPs “) of US$3.5 million to be completed over the next 30 months. The Acquisition Properties are being purchased at a weighted-average capitalization rate of approximately 9.0% on trailing twelve months net operating income (after inclusion of all hotel management fees, brand franchise fees, a 4.0% FF&E reserve contribution and PIPs). […]

Nam Tai Property Inc. Announces Results of its Cash Tender Offer PR Newswire SHENZHEN, China, June 1, 2015 SHENZHEN, China , June 1, 2015 /PRNewswire/ — Nam Tai Property Inc. (“Nam Tai” or the “Company”) (NYSE Symbol: NTP) announced today the results of its previously announced cash tender offer to purchase 3,000 ,000 of its Common Stock, par value $0.01 per share (the “Shares”) at a purchase price of $5.50 per Share, which expired at 5:00 P.M., Eastern Daylight Time , on Friday, May 29, 2015 . […]

ManpowerGroup Expands Capabilities in Technology and Finance Sectors with Acquisition of Greythorn PR Newswire SYDNEY, June 1, 2015 SYDNEY , June 1, 2015 /PRNewswire/ — ManpowerGroup (NYSE: MAN), world leader in innovative workforce solutions, has today announced its acquisition of the Australian and Singapore arm of Greythorn, a leading professional services and recruitment firm specialising in technology and finance. With this acquisition, Greythorn and its banking and finance subsidiary Marks Sattin, become wholly owned by ManpowerGroup Australia, operating under the Experis brand. “This is an exciting phase for ManpowerGroup in Australia ,” said Ram Chandrashekar, ManpowerGroup President Asia Pacific and Middle East. […]

REVTEK And Clearbox Announce Integration PR Newswire SALISBURY, Md., June 1, 2015 SALISBURY, Md. , June 1, 2015 /PRNewswire/ — REVTEK, LLC and Clearbox LLC are pleased to announce they are integrating their flagship products. REVTEK offers a unique cloud based order management platform called ENGAGE™ […]