Mergers & Acquisitions

ISSI Comments on Best and Final Offer from Cypress

ISSI Comments on Best and Final Offer from Cypress Recommends Stockholders Approve Acquisition by Uphill at $23.00 per Share PR Newswire MILPITAS, Calif., June 26, 2015 MILPITAS, Calif. , June 26, 2015 /PRNewswire/ — Integrated Silicon Solution, Inc. (ISSI), a global fabless semiconductor company, today acknowledged receipt of a “best and final” offer from Cypress Semiconductor Corporation (“Cypress”) to acquire ISSI for $22.60 per share in cash, together with an incremental ticking fee of $0.10 per share for each additional three months required to obtain regulatory approval for a transaction with Cypress which would begin to accrue daily starting on October 1, 2015 , up to a maximum of $0.20 per share […]

Mergers & Acquisitions

ATL Technology Announces Acquisition of MedConx, Inc. and Expanded Global Footprint

ATL Technology Announces Acquisition of MedConx, Inc. and Expanded Global Footprint PR Newswire SPRINGVILLE, Utah, June 26, 2015 SPRINGVILLE, Utah , June 26, 2015 /PRNewswire/ — ATL Technology, LLC, a top provider of electromechanical contract manufacturing of assemblies and devices with specialties in single use solutions, headquartered in Springville, Utah , has announced the acquisition of MedConx, Inc. […]

Mergers & Acquisitions

GigaMedia Announces Signing of Agreement to Acquire Strawberry Cosmetics Holding Limited

GigaMedia Announces Signing of Agreement to Acquire Strawberry Cosmetics Holding Limited PR Newswire TAIPEI, June 26, 2015 TAIPEI , June 26, 2015 /PRNewswire/ — GigaMedia Limited (NASDAQ: GIGM) (the ” Company “), an online games and computing services provider, today announced that it has entered into a share purchase agreement to acquire a 70% equity interest in Strawberry Cosmetics Holding Limited (” Strawberry Cosmetics “), a global cosmetics e-commerce company (the ” Transaction “). The total consideration payable by the Company for the acquisition is approximately US$93.1 million . Information on Strawberry Cosmetics Strawberry Cosmetics is an established online distribution and retail platform of beauty products, which owns and operates the website ” StrawberryNET.com ” and the related mobile application. […]

Mergers & Acquisitions

PotashCorp Confirms Friendly Proposal to K+S

PotashCorp Confirms Friendly Proposal to K+S PR Newswire SASKATOON, June 25, 2015 Symbol: POT Listed: TSX, NYSE SASKATOON , June 25, 2015 /PRNewswire/ – Potash Corporation of Saskatchewan Inc. (PotashCorp) today confirmed that it has made a private proposal to K+S Aktiengesellschaft (K+S) (SDF: GR) to negotiate the acquisition of K+S by PotashCorp. There is no certainty that any offer will ultimately be made or as to the terms on which such an offer might be made […]

Mergers & Acquisitions

Avon Aviation adds a Sovereign to its fleet of planes under management

Avon Aviation adds a Sovereign to its fleet of planes under management Growth exceeds $30 million in jet assets under management in just 12 months PR Newswire WESTON, Fla., June 25, 2015 WESTON, Fla. , June 25, 2015 /PRNewswire-iReach/ — Avon Aviation, announces, the addition of it’s first Sovereign to its fleet under management. “Adding a Sovereign validates our model of management and the benefit we provide to our jet owners, ” said Gary Lesnik , Principal of Avon Aviation, LLC. […]

Mergers & Acquisitions

Nord Anglia Education Completes Acquisition of Six Schools from Meritas

Nord Anglia Education Completes Acquisition of Six Schools from Meritas PR Newswire HONG KONG, June 25, 2015 HONG KONG , June 25, 2015 /PRNewswire/ — Nord Anglia Education, Inc. (NYSE: NORD), the world’s leading operator of premium schools, is pleased to announce that today it completed its acquisition of six schools from Meritas, LLC and certain affiliates for net cash consideration of $534 million . In addition, $25 million of deferred consideration is expected to be paid in October 2015 […]

Stock Analysts

Cheesecake Factory Brings Grand Lux Cafe to Pennsylvania

The Cheesecake Factory Incorporated CAKE recently opened a restaurant in King of Prussia, PA under the Grand Lux Cafe brand. This marks the brand’s debut in the suburb of Philadelphia. Located at the Plaza at King of Prussia Mall, the restaurant is spread across an area of approximately 10,400 square feet […]

Stock Analysts

Steel Production Dips in May as China Continues to Languish

Global crude steel production continues its downward spiral with output falling for the third straight month in May on declines across all major producers barring India – according to the latest monthly report from the World Steel Association (“WSA”). The beleaguered steel industry continues to reel under sluggish demand in China – the world’s top steel consumer. The international trade body for the iron and steel industry said that crude steel production for 65 reporting nations shrank 2.1% year over year to 139.3 million tons (Mt) in May […]

Stock Analysts

Bayer Contraceptive Essure to Face FDA Panel on Complaints

The FDA announced that its Obstetrics and Gynecology Devices Panel will discuss scientific data regarding the safety and effectiveness of Bayer ’s BAYRY contraceptive device, Essure, in a public meeting on Sep 24, 2015. Essure is a non-surgical permanent birth control device that involves placing inserts into the fallopian tubes. […]

Stock Analysts

Tyson Hits 52-Week High on Optimistic View on Pizza Industry

Shares of Tyson Foods, Inc. TSN reached a new 52-week high of $45.07 on Jun 24, after management announced that it has undertaken a five-pronged approach to increase the profitability and efficiency of its pizza business. Further, the meat processor’s share price has been on the rise ever since it raised its targets for synergies from the acquired The Hillshire Brands Co. […]