Posts Tagged Acquisition
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martinwolf M&A Advisors Opens Bangalore Office
BANGALORE, India and SAN RAMON, Calif., April 24, 2012 (GLOBE NEWSWIRE) -- martinwolf, the world's leading middle-market IT M&A advisory, announced it has opened an office in Bangalore. The move expands the firm's India practice and builds on a growing number of transactions completed and in pro...
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Pershing Gold Closes Strategic Deal to Secure Exclusive Control of Lands Surrounding the Relief Canyon Mine
LAKEWOOD, Colo., April 13, 2012 (GLOBE NEWSWIRE) -- Pershing Gold Corporation (OTCBB:PGLC), is pleased to announce it has closed the transaction announced last month with Victoria Gold Corp. (TSX:VIT-V). Completing this transaction has given Pershing Gold exclusive control of approximately 13,300 ac...
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Yandex Announces Inducement Equity Awards in Connection With Acquisition
MOSCOW and THE HAGUE, Netherlands, Feb. 3, 2012 (GLOBE NEWSWIRE) -- Yandex (Nasdaq:YNDX) has announced the grant of employee equity awards in connection with its recent acquisition of SPB Software. Yandex has granted an aggregate of 25,000 restricted share units to a total of 13 non-executive emplo...
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Coronado Corp. Announces Agreement for Acquisition of Vampt Beverages
DENVER, Dec. 15, 2011 (GLOBE NEWSWIRE) -- Coronado Corp. (OTCQB:CRAO), announces that, with a wholly-owned subsidiary, it has entered into an agreement for the acquisition of Vampt Beverage USA Corp. On December 8, 2011, we entered into an Agreement and Plan of Merger (the "Merger Agreement") with ...
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ACME Communications Announces Agreement to Sell Its Madison Television Station; Board Approves Distribution of LIN TV Corp. Stock to Its Shareholders
SANTA ANA, Calif., Dec. 13, 2011 (GLOBE NEWSWIRE) -- ACME Communications, Inc. (Pink Sheets:ACME) today announced that it has entered into a definitive agreement to sell WBUW in Madison, WI to the Byrne Acquisition Group, LLC for .8 million. The all-cash transaction is subject to the approval of th...
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Rising India, Inc. Update to Stock Purchase Agreement With Hong Kong Group
OMAHA, Neb., Nov. 25, 2011 (GLOBE NEWSWIRE) -- Rising India, Inc. (Pink Sheets:RSII) a publicly traded company, announced today that current acquisition effort to purchase all of the outstanding common shares of the company remains underway. On September 15, 2011, Rising India, Inc. announced a sto...
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Globe Specialty Metals Reports an Increase in Net Income in the First Quarter of Fiscal 2012 to $20.7 Million From $15.5 Million in the Fourth Quarter of Fiscal 2011 and $2.2 Million in the First Quarter of Fiscal 2011
Diluted earnings per share of .27, up from .20 in the fourth quarter of fiscal 2011 and .03 per share in the first quarter of fiscal 2011. EBITDA on a comparable basis of .5 million, down slightly from .8 million in the fourth quarter of fiscal 2011 and up from 17.2 million in the first quart...
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Arete Industries, Inc. Closes Acquisition of Oil & Gas Properties
WESTMINSTER, Colo., Oct. 3, 2011 (GLOBE NEWSWIRE) -- Arete Industries, Inc. (OTCQB:ARET) today announced it has completed the oil and gas property purchase by making the final payment to the sellers under the Purchase and Sale Agreement dated July 29, 2011, but effective April 1, 2011. The payment w...
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Velti Announces Entry Into Definitive Agreements to Acquire Air2Web and CASEE
SAN FRANCISCO and ATLANTA, Sept. 22, 2011 (GLOBE NEWSWIRE) -- Velti plc (Nasdaq:VELT), a leading global provider of mobile marketing and advertising technology, today announced that it has entered into a definitive agreement to acquire Air2Web, a provider of mobile customer relationship management (...
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CPS Completes $237 Million Portfolio Acquisition
IRVINE, Calif., Sept. 14, 2011 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq:CPSS) ("CPS") announced that today it purchased a 7 million portfolio of performing automobile receivables from Fireside Bank, a wholly owned subsidiary of Kemper Corporation (formerly known as Unitrin, Inc....
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Arete Industries, Inc. Announces the Sale of a Portion of Leases for Approximately $5.0 Million in Proceeds With a $2.66 Million Profit, or $0.35 Per Share
WESTMINSTER, Colo., Aug. 30, 2011 (GLOBE NEWSWIRE) -- Arête Industries, Inc. (OTCQB:ARET) today announces it has paid .7 million in connection with its previously announced acquisition of certain oil and gas generating assets. In addition, the Company announced that it sold a portion of its recentl...
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Alpha and Omega Semiconductor Intends to Exercise an Option to Acquire a Wafer Fabrication Facility From Integrated Device Technology
SUNNYVALE, Calif., Aug. 27, 2011 (GLOBE NEWSWIRE) -- Alpha and Omega Semiconductor Limited ("AOS") (Nasdaq:AOSL), a designer, developer and global supplier of a broad range of power semiconductors, today announced that it intends to exercise an option to acquire certain assets associated with a 200m...
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Windstream Reports Second-Quarter Results
Revenues were .03 billion, an increase of less than 1 percent year-over-year on a pro forma basis Business service revenue was 8 million, a 3 percent increase year-over-year on a pro forma basis Consumer broadband revenue was 6 million, a 10 percent increase year-over-year on a pro form...
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First Niagara’s Branch Acquisition Dramatically Enhances the Bank’s Workforce and Its Position Across Upstate New York
BUFFALO, N.Y., July 31, 2011 (GLOBE NEWSWIRE) -- With the HSBC Bank USA, N.A. branch acquisition that First Niagara Bank, N.A. announced today, the Upstate company expects to employ more than 4,000 New Yorkers by this time next year and upwards of 6,500 employees across Pennsylvania, New England and...
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Old National Bank Assumes Deposits and Purchases Assets of Integra Bank
Old National selected as the acquirer by the FDIC in a bidding process Transaction includes 52 banking centers in Southern Illinois, Southern Indiana and Western Kentucky EVANSVILLE, Ind., July 29, 2011 (GLOBE NEWSWIRE) -- Old National Bancorp (NYSE:ONB) announced today that its wholly owne...
