Mergers & Acquisitions

WL Ross Holding Corp. Announces Intent to Convene and Adjourn its Special Meeting to Approve the Proposed Acquisition of Nexeo Solutions to Wednesday, June 8, 2016

WL Ross Holding Corp. Announces Intent to Convene and Adjourn its Special Meeting to Approve the Proposed Acquisition of Nexeo Solutions to Wednesday, June 8, 2016 PR Newswire NEW YORK, June 6, 2016 NEW YORK , June 6, 2016 /PRNewswire/ — WL Ross Holding Corp. (NASDAQ: WLRH) (the “Company”) announced today that it intends to convene and then adjourn, without conducting any business, its special meeting of stockholders to approve the proposed acquisition of Nexeo Solutions Holdings, LLC (the “Business Combination”) and other related proposals, to be held on Monday, June 6, 2016 , at 9:00 a.m […]

Mergers & Acquisitions

ManpowerGroup Further Strengthens IT Capabilities Through Acquisition of Ciber Netherlands

ManpowerGroup Further Strengthens IT Capabilities Through Acquisition of Ciber Netherlands PR Newswire AMSTERDAM, June 6, 2016 AMSTERDAM , June 6, 2016 /PRNewswire/ — ManpowerGroup (NYSE: MAN), global leader in innovative workforce solutions, today announced that it has signed a purchase agreement with Ciber , Inc. (NYSE: CBR) a leading global information technology consulting, services and outsourcing company, to acquire its Dutch business. With this transaction ManpowerGroup further strengthens its IT capabilities in the Netherlands , complementing the organic growth of the Experis brand, their professional resourcing and project-based workforce solutions part of the company. […]

Mergers & Acquisitions

China Ming Yang Wind Power Group Limited Announces Shareholders Vote to Approve Going Private Transaction

China Ming Yang Wind Power Group Limited Announces Shareholders Vote to Approve Going Private Transaction PR Newswire ZHONGSHAN, China, June 6, 2016 ZHONGSHAN, China , June 6, 2016 /PRNewswire/ — China Ming Yang Wind Power Group Limited (NYSE: MY) (” Ming Yang ” or the “Company”), a leading wind energy solution provider in China , announced today that, at an extraordinary general meeting held today, the Company’s shareholders voted in favor of the proposal to authorize and approve the previously announced agreement and plan of merger (the “Merger Agreement”) dated as of February 2, 2016 , by and among the Company, Zhongshan Ruisheng Antai Investment Co., Ltd (“Holdco”), Regal Concord Limited (“Parent”), and Regal Ally Limited (“Merger Sub”), pursuant to which Merger Sub will be merged with and into the Company with the Company continuing as the surviving company in accordance with Cayman Islands Companies Law (the “Merger”). If completed, the Merger would result in the Company becoming a privately-held company, which will be beneficially owned by the buyer group. […]

Mergers & Acquisitions

JSS Medical Research establishes its presence in Europe

JSS Medical Research establishes its presence in Europe PR Newswire MONTREAL, June 6, 2016 — JSS Medical Research, an international contract research organization active in over 20 countries acquires Bonne Sant in Poland as catalyst for European expansion MONTREAL , June 6, 2016 /PRNewswire/ – JSS Medical Research Inc., an International Contract Research Organization (CRO) with offices in Canada , Latin America and Asia/ Pacific , announced the acquisition of Bonne Sant , a Polish CRO, to accelerate the expansion into Europe . JSS Medical Research provides the entire range of clinical research services to the global pharmaceutical, biotechnology and medical device industries. The worldwide expansion is driven by the growing demands of its clients for presence in these countries […]

Mergers & Acquisitions

The Province Of Córdoba Announces Final Results Of Successful Tender Offer

The Province Of Córdoba Announces Final Results Of Successful Tender Offer PR Newswire CORDOBA, Argentina, June 3, 2016 CORDOBA, Argentina , June 3, 2016 /PRNewswire/ — The Province of Córdoba (the “Province”) today announced the final results of its tender offer to purchase for cash (the “Tender Offer”) up to US$200,000,000 aggregate principal amount of its 12.375% Senior Notes due 2017 (the “Eligible Notes”), which commenced on May 25, 2016 and expired at 5:00 p.m. ( New York City time) on June 2, 2016 (the “Expiration Time”). As of the Expiration Time, holders representing approximately US$328,872,000 of the aggregate principal outstanding amount of Eligible Notes had tendered their notes under the Tender Offer […]

Stock Analysts

Corcept (CORT) Reports Early Breast Cancer Data on Korlym

Corcept Therapeutics Incorporated CORT released preliminary efficacy data from a phase I/II study on Korlym for the treatment of treat triple-negative breast cancer (TNBC). The open-label study is evaluating if the addition of Korlym increases the effect of Halaven in patients with TNBC whose tumors express the glucocorticoid receptor (GR), one of the receptors to which Korlym binds. The trial enrolled 21 patients with GR-positive tumors and two with tumors whose GR status is currently unknown. […]

Stock Analysts

OPEC Meeting Concludes: Crude May Touch $40

According to a well-known adage, “Today's pain will bring tomorrow's gain.” The Organization of the Petroleum Exporting Countries (OPEC) – the international cartel of oil producers – seeming has blind faith in this belief. We say this because yesterday’s OPEC meet came up with the consensus that today’s low oil price will lead to a jump in the price of the commodity in the long run. Although crude is walking on the bullish path, it is still way below the mid-2014 level […]

Mergers & Acquisitions

Zweig Fund Announces Final Results Of Tender Offer

Zweig Fund Announces Final Results Of Tender Offer PR Newswire NEW YORK, June 3, 2016 NEW YORK , June 3, 2016 /PRNewswire/ — The Zweig Fund, Inc. (NYSE: ZF) (the “Fund”) announced today that, in accordance with its tender offer for up to 15 percent of its issued and outstanding shares of common stock, which expired at 11:59 p.m. , New York time, on May 26, 2016 , the Fund has accepted 3,011,788.95 shares, representing 15 percent of the Fund’s outstanding shares, for payment on June 3, 2016 […]

Stock Analysts

Air Products Inks License Deal for Hydrogen Fueling Protocol

Air Products and Chemicals, Inc. APD announced that it has signed an agreement to provide a technology license that will enable Air Liquide Advanced Technologies U.S. LLC to practice the patented Air Products technology incorporated in the Society of Automotive Engineers (SAE) J2601 hydrogen fueling protocol […]

Stock Analysts

Food Industry Hit by Widespread Recalls on Health Threats

The food industry has been facing the brunt of the recent outbreak of bacterial infections caused bypotentially lethal bacteria like Listeria monocytogenes and E.coli. Fast food restaurants and food companies are incurring heavy losses from the repeated recalls of their products fearing that they could be contaminated with these bacteria. . Last week, TreeHouse Foods Inc […]

Stock Analysts

Why Google Remains a Contender in the Race to Your Doorstep

Mobile devices have brought the world to our fingertips much the way the Internet appeared to do at the turn of the century. So now we live in an always-on always-hungry world that continues to ask for not just information but also goods and services all through the night and day. So who’s going to be the one to deliver the stuff […]

Mergers & Acquisitions

Xueda Education Group Announces Completion of Going Private Transaction

Xueda Education Group Announces Completion of Going Private Transaction PR Newswire BEIJING, June 3, 2016 BEIJING , June 3, 2016 /PRNewswire/ — Xueda Education Group (NYSE: XUE) (“Xueda” or the “Company”), a leading national provider of personalized tutoring services for primary and secondary school students in China , announced today the completion of its merger (the “Merger”) with Xueda Acquisition Limited (“Merger Sub”), a wholly-owned subsidiary of Xiamen Insight Investment Co., Ltd. (“Parent”), pursuant to the previously announced agreement and plan of merger (the “merger agreement”) dated as of July 26, 2015 by and between the Company and Parent, as joined by Merger Sub pursuant to a joinder agreement dated as of October 30, 2015 . […]

Mergers & Acquisitions

TETRA Technologies, Inc. Completes Its Cash Tender Offer For Any And All Of Its Outstanding 5.09% Senior Notes, Series 2010-A, Due December 15, 2017 And 5.67% Senior Notes, Series 2010-B, Due December 15, 2020

TETRA Technologies, Inc. Completes Its Cash Tender Offer For Any And All Of Its Outstanding 5.09% Senior Notes, Series 2010-A, Due December 15, 2017 And 5.67% Senior Notes, Series 2010-B, Due December 15, 2020 PR Newswire THE WOODLANDS, Texas, June 3, 2016 THE WOODLANDS, Texas , June 3, 2016 /PRNewswire/ — TETRA Technologies, Inc. […]

Mergers & Acquisitions

Zweig Total Return Fund Announces Final Results Of Tender Offer

Zweig Total Return Fund Announces Final Results Of Tender Offer PR Newswire NEW YORK, June 3, 2016 NEW YORK , June 3, 2016 /PRNewswire/ — The Zweig Total Return Fund, Inc. (NYSE: ZTR) (the “Fund”) announced today that, in accordance with its tender offer for up to 15 percent of its issued and outstanding shares of common stock, which expired at 11:59 p.m. , New York time, on May 26, 2016 , the Fund has accepted 4,768,925.10 shares, representing 15 percent of its outstanding shares, for payment on June 3, 2016 […]