Acquisitions/Mergers

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Updated: 1 hour 20 min ago

Cliffs, Alpha call off $2.7 billion mining merger (AP)

1 hour 20 min ago
Cliffs Natural Resources' proposed $2.7 billion takeover of coal producer Alpha Natural Resources has been called off, the companies said Monday.

CORRECTING and REPLACING National Coal Corp. Reports Third Quarter 2008 Results (Business Wire)

1 hour 20 min ago
KNOXVILLE, Tenn.----Please replace the release with the following corrected version due to multiple revisions to the Condensed Consolidated Balance Sheets table.

Eddie Lampert again raises stake in AutoNation (AP)

1 hour 20 min ago
Billionaire investor Edward S. Lampert continued to buy shares of AutoNation Inc., putting nearly $1.4 million more into the nation's largest car dealer last week.

Granahan McCourt Acquisition Corporation Announces Stockholder Approval of Distribution of Funds in Trust to Shareholders (Business Wire)

1 hour 20 min ago
PRINCETON, N.J.----Granahan McCourt Acquisition Corporation announced today that its stockholders voted to approve the dissolution of the Company and the distribution of funds in trust to its shareholders as presented in the Company’s proxy statement dated November 4, 2008, at the special meeting of stockholders held on November 17, 2008.

SEC charges Mark Cuban with insider trading (Reuters)

1 hour 20 min ago
Mark Cuban, owner of the Dallas Mavericks basketball team, was charged with insider trading in the shares of search engine company Mamma.com, the Securities and Exchange Commission said Monday.

Varian Medical Systems Board of Directors Authorizes Repurchase of Additional 8 Million Shares of Stock in 2009 (PR Newswire)

1 hour 20 min ago
Varian Medical Systems, Inc. today announced that its Board of Directors has authorized the Company to repurchase an additional 8 million shares of its common stock from January 1, 2009 through December 31, 2009.

Navios Maritime Holdings Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2008 (PR Newswire)

1 hour 20 min ago
Navios Maritime Holdings Inc. , a global, vertically integrated seaborne shipping and logistics company, today reported financial results for the third quarter and nine months ended September 30, 2008.

Selectica Amends Preferred Stock Purchase Rights Plan to Lower Beneficial Ownership Percentage from 15% to 4.99% (Business Wire)

1 hour 20 min ago
SAN JOSE, Calif.----Selectica, Inc. today announced that its board of directors has amended the terms of the company’s preferred stock purchase rights plan initially distributed to holders of its outstanding common stock in 2003.

Dr. Jacques S. Gansler Joins Acquisition Solutions(R) Board of Directors (PR Newswire)

1 hour 20 min ago
Anne Reed, President and CEO of Acquisition Solutions, Inc. announced today that Dr. Jacques S. Gansler has joined the company's board of directors. Dr. Gansler currently is a Professor and holds the Roger C.

Transmeta Reports Third Quarter 2008 Results (Business Wire)

1 hour 20 min ago
SANTA CLARA, Calif.----Transmeta Corporation today announced financial results for the third quarter ended September 30, 2008.

Novafora to Acquire Transmeta (Business Wire)

1 hour 20 min ago
SAN JOSE, Calif.----Novafora, Inc., a developer of video processors, today announced that it has entered into a definitive agreement to acquire Transmeta Corporation for $255.6 million in cash subject to certain adjustments.

Cliffs Natural Resources and Alpha Natural Resources Announce Litigation Settlement and Termination of Definitive Merger Agreement (Business Wire)

1 hour 20 min ago
CLEVELAND & ABINGDON, Va.----Cliffs Natural Resources Inc. and Alpha Natural Resources, Inc. today announced that the boards of directors of both companies have approved settlement of litigation brought by Alpha in Delaware Chancery Court and termination of the previously announced definitive merger agreement, under which Cliffs would have acquired all outstanding shares of Alpha.

Transmeta Corporation Agrees to Be Acquired by Novafora, Inc. (Business Wire)

1 hour 20 min ago
SANTA CLARA, Calif. & SAN JOSE, Calif.----Transmeta Corporation and Novafora, Inc. today announced they have signed a definitive agreement for Transmeta to be acquired by Novafora for $255.6 million in cash, subject to certain working capital and other adjustments.

Rotorcraft Completes Acquisition of Bristows Production Management Business (Business Wire)

1 hour 20 min ago
MIAMI----H.I.G. Capital announced today that its portfolio company, Rotorcraft Leasing Company, has completed the previously announced acquisition of the production management flight services business of Bristow Group Inc. .

State Automobile Mutual to Purchase Rockhill Insurance Group (Business Wire)

1 hour 20 min ago
COLUMBUS, Ohio----State Automobile Mutual Insurance Company announced today that it has agreed to acquire Rockhill Insurance Group of Kansas City, Mo. Closing is expected in the first quarter of 2009, subject to approval by regulatory authorities.

U.S. HealthWorks Medical Group Announces the Acquisition of Pinnacle HealthCare in Gilroy, California (Business Wire)

1 hour 20 min ago
VALENCIA, Calif.----U.S. HealthWorks Medical Group, a leading operator of occupational health care centers in the nation, today announced the acquisition of Pinnacle HealthCare’s Gilroy medical center located at 7793 Wren Avenue in Gilroy, California.

On the Watch: Pacific Sunwear (AP)

1 hour 20 min ago
Pacific Sunwear of California Inc. is likely to report weak third-quarter earnings on Tuesday amid a decline in sales, analysts said Monday.

Jubilant Augments Clinsys Clinical Research(R) Through Acquisition of TrialStat ClinicalAnalytics(R), an EDC Platform (PR Newswire)

1 hour 20 min ago
Jubilant Organosys Ltd. announced today that its subsidiary Clinsys Clinical Research, Inc.®, New Jersey, a global contract research organization , has acquired TrialStat ClinicalAnalytics®

FleetPride Purchases Automotive Brake Co. of Newburgh, Inc. (PR Newswire)

1 hour 20 min ago
In a move reflecting the company's continued growth, FleetPride, Inc., the nation's largest independent aftermarket distributor of heavy-duty truck and trailer parts, announced the acquisition of Automotive Brake Co. of Newburgh, Inc.