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Celadon Sells Two Subsidiaries To Day & Ross
Tuesday, April 2, 2019 - 10:18am | 862Read More...Celadon Group, Inc. (OTCMKTS: CGIP) announced late this afternoon that it "has disposed of its A&S Kinard and Buckler Transport subsidiaries" in an all cash transaction that was effective on March 31. Celadon also announced it had entered into a Fifteenth Amendment to its credit...
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Harris Williams Bankers Explain Why 3PL M&A Will Stay Hot In 2019
Wednesday, March 6, 2019 - 5:36pm | 865Read More...After a very active 2018 that saw continuous deal-making in the asset-light third-party logistics (3PL) space, investment bankers told FreightWaves that they expect mergers and acquisitions to stay hot in 2019. High valuations and opportunities for scale and liquidity are driving sellers to market...
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Customs Broker Livingston Acquired By Platinum Equity
Tuesday, February 26, 2019 - 11:46am | 423Read More...Livingstone International, Canada's largest customs broker, will be acquired by the U.S. private equity firm Platinum Equity for an undisclosed sum. The sale, announced on February 21, did not suggest any immediate changes for Livingstone, a member of the Blockchain in Transport Alliance...
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V.Group Acquires Global Marine Travel From Inchcape
Monday, February 18, 2019 - 1:04pm | 468Read More...V.Group has acquired Global Marine Travel (GMT) from Inchcape Shipping Services according to a V.Group press release. The acquisition will increase the scale of V.Group's operations to offer global 24/7 travel services. V.Group, based in London, provides global marine support services. It has...
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FLS Acquires Scott Logistics, Creating A $500M Revenue Brokerage
Friday, February 15, 2019 - 1:41pm | 818Read More...The largest Canadian freight brokerage, FLS Transportation Services, announced that it has acquired Scott Logistics, a Georgia-based brokerage with an estimated $155 million in revenue. The combined entity brought in revenues estimated at $500 million in 2018. The deal continues the consolidation...
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The Ins And Outs Of A Potential AOL-Yahoo Merger
Monday, November 17, 2014 - 3:53pm | 847Read More...There was a time when a merger between Yahoo! Inc. (NASDAQ: YHOO) and AOL, Inc. (NYSE: AOL) would have inspired antitrust whispers. The days when these two companies dominated the web are long gone, but could a merger between the two be the best path forward? Activist hedge fund Starboard Value...
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Top Acquisitions Of Big Tech Companies
Tuesday, May 6, 2014 - 4:08pm | 252Read More...Facebook's (NASDAQ: FB) acquisition of WhatsApp for $19 billion earlier this year caused quite a stir, but that's only been the fourth biggest acquisition so far this year, according to a new infographic from Finances Online. Comcast (NASDAQ: CMCSA) offered more than double that amount...
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Tauriga Sciences Is Poised To Establish Itself In The Marijuana Industry (Part One)
Wednesday, April 16, 2014 - 5:08pm | 1068Read More...After an “unusual series of problems,” Tauriga Sciences (OTC: TAUG) was able to “reinvent themselves” with the help of newly-appointed CEO Dr. Stella Sung. When an exclusive license agreement went wrong, Immunovative Inc. (Tauriga’s predecessor company) had a very uncertain future....
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Sun Pharmaceutical To Acquire Ranbaxy For $3.2B
Monday, April 7, 2014 - 5:35am | 47Read More...India's Sun Pharmaceutical Industries announced its plans to buy Ranbaxy Laboratories from Japan's Daiichi Sankyo Co in a $3.2 billion all-share deal. Ranbaxy shareholders will receive 0.8 of a Sun Pharma share for every Ranbaxy share. The deal price represents an 18% premium to Ranbaxy's 30-day...
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Smith & Nephew To Acquire ArthroCare For $1.7B
Monday, February 3, 2014 - 5:30am | 62Read More...Smith & Nephew PLC (NYSE: SNN) announced its plans to buy ArthroCare (NASDAQ: ARTC) for $1.7 billion in cash. Smith & Nephew will pay $48.25 per share in cash to acquire ArthroCare, representing a 6.3% premium to ArthroCare's closing shares price on January 31. ArthroCare shares fell 0....
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PKN To Buy TriOil Resources For $177M
Monday, September 16, 2013 - 5:55am | 42Read More...Poland's refiner PKN Orlen agreed to acquire Canadian company TriOil Resources (OTC: TRIAF) for 563 million zlotys ($177.43 million). PKN will acquire 100% of TriOil Resources for C$2.85 per share. TriOil Resources shares closed at $2.96 on Friday.
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AstraZeneca To Acquire Omthera Pharmaceuticals For $12.70/Share
Tuesday, May 28, 2013 - 4:30am | 72Read More...AstraZeneca PLC (NYSE: AZN) announced its plans to acquire Omthera Pharmaceuticals (NASDAQ: OMTH) for $12.7 per share, or around $323 million. The offer price represents an 88% premium to Omthera's closing price on May 24. The deal is likely to close in the third quarter of 2013. AstraZeneca...
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McAfee To Acquire Stonesoft For $389M
Monday, May 6, 2013 - 5:38am | 23Read More...McAfee announced its plans to buy Stonesoft Oyj (OTC: STNZF) for around $389 million in cash.
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ABB To Acquire Power-One For $1.03B
Monday, April 22, 2013 - 6:11am | 50Read More...ABB (NYSE: ABB) announced its plans to buy Power-One (NASDAQ: PWER) for around $1.03 billion. ABB will acquire Power-One for $6.35 per share. ABB shares closed at $21.42 on Friday, while Power-One shares closed at $4.04 on Friday.
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VMware To Buy Virsto Software
Tuesday, February 12, 2013 - 4:03am | 45Read More...VMware (NYSE: VMW) announced its plans to buy Virsto Software. Financial terms of the transaction were not disclosed. However, the deal is projected to close in the first quarter of 2013. VMware shares gained 0.04% to $77.07 in after-hours trading.









