In November 2009, and as previously announced, iMergent changed its fiscal year to December 31 to align with the calendar year.
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LEHIGH VALLEY, Pa. (February 5, 2010) – Air Products (NYSE: APD) today announced that it has made an offer to acquire Airgas, Inc. (NYSE: ARG) for $60.00 per share in cash. The offer was made in a letter to Airgas’ Board of Directors yesterday after the CEOs of the two companies had previously discussed Air Products’ interest in acquiring Airgas and after Air Products had made two written offers,.
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We remain very enthusiastic about the value of OXiGENE's key programs, and we are actively continuing to pursue several options to realize the value in our strong pipeline of product candidates, said Peter Langecker, M.D., Ph.D., OXiGENE's Chief Executive Officer. While we believe that the proposed merger between OXiGENE and VaxGen would have been beneficial for both companies, we appreciate...
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We are very excited about the acquisition of the TAQA North Facility comments Keith Talbot, President of Cancen Oil Canada. The TAQA facility is a major acquisition for Cancen and will become its primary facility. The TAQA facility is capable of processing in excess of 30,000 barrels of contaminated produced water and slop oil per day. Utilizing Wescorp's H2Omaxx water and HCXT solids...
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Under the terms of the agreement, GCAT, through a sublicense agreement with its Chinese joint venture, T & T Pharma Co., Ltd., formed with Tianjing Institute of Pharmaceutical Research (TIPR), will assume all development and regulatory responsibility and associated costs for elvucitabine, and Achillion will be eligible to receive development milestones and double-digit royalties on net sales in...
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February, 1, 2010, El Dorado Hills, CA and Braintree, MA, USA and Limonest, France Haemonetics Corporation (NYSE: HAE) and Global Med Technologies, Inc. (OTCBB: GLOB) today announced a definitive agreement under which Haemonetics will acquire Global Med for approximately $60 million in a cash tender offer.
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RALEIGH, NC . . . North State Bank has signed an agreement to acquire the mortgage operations of Affiliated Mortgage, LLC, a Raleigh-based mortgage company, according to Larry D. Barbour, president and CEO of North State Bank and North State Bancorp (OTC: NSBC), the bank's holding company. The agreement calls for the purchase to close on or before February 12, 2010, at which time a new division...
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Livonia, Mich., Jan. 30, 2010: Valassis (NYSE: VCI), one of the nation's leading media and marketing services companies, announced today that it has reached an agreement to settle its outstanding lawsuits against News America Marketing (NAM), a division of News Corporation. The settlement discussions were overseen by the Honorable Judge Arthur Tarnow of the United States District Court, Eastern...
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- Robert Martin appointed chairman, Roland Vetter named CFO, Clyde harrison to Chair the Audit Committee - SPARKS, NV, January 29, 2010 - Golden Phoenix Minerals, Inc. (OTC Bulletin Board: GPXM) is pleased to announce management changes, beginning with the appointment of Thomas Klein to the position of Chief Executive Officer, effective February 1, 2010. Mr. Klein became an Independent...
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Among other things, the amended Credit Agreement will (all amounts are as of December 27, 2009 giving effect to the refinancing): Provide for at least a 60% commitment reduction and prepayment for all lenders that agree to extend the maturity of their remaining commitments and loans.
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SEATTLE, WA, January 19, 2010 -- Emeritus Corporation (NYSE: ESC), a national provider of assisted living and Alzheimer’s care services to seniors, today announced that it has entered into a joint venture (“Joint Venture”) agreement with Blackstone Real Estate Advisors VI, L.P. (“BREA”) and Columbia Pacific Advisors, (“Columbia Pacific”), an affiliate of the Chairman and Co-CEO of Emeritus, in...
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Under the terms of the proposed Acquisition Agreement, the Company will be able to earn an interest in the Manado Gold Property by making cash payments, issuing shares and completing work programs at various stages. The Company will be able to acquire: an initial 10% interest in the Manado Gold Property by paying $90,000 and issuing 150,000 shares of the Company's common stock to the Owner on...
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HOUSTON, TEXAS, January 18, 2010 – ICO, Inc. (Nasdaq:ICOC) announced today that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for its previously announced merger agreement with A. Schulman, Inc. (Nasdaq-GS: SHLM) Completion of the proposed transaction remains subject to ICO stockholder approval and..
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Japan, January 15, 2010 / U.S.A., January 14, 2010 Shiseido Co., Ltd. (Tokyo Stock Exchange, First Section: 4911) (Shiseido), the Japan-based leading global cosmetics company, and Bare Escentuals, Inc. (NASDAQ: BARE), one of the leading prestige cosmetics companies in the United States and an innovator in mineral-based cosmetics, today announced that they have entered into a definitive...
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Hillenbrand expands and diversifies its business portfolio for long-term revenue and earnings growth.
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Hillenbrand expands and diversifies its business portfolio for long-term revenue and earnings growth.
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SUNNYVALE, Calif., - January 8, 2010 Spansion Inc. today announced it has reached verbal agreement to acquire the distribution business of its former subsidiary, Spansion Japan, that is the subject of a proceeding under the Japanese Corporate Reorganization Law (Kaisha Kosei Ho) pending in the Tokyo District Court. Spansion also verbally approved a new foundry services agreement which would...
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CALGARY, Alberta (Jan. 11, 2010) TransAlta Corporation (TSX: TA; NYSE: TAC) today announced it has been awarded a 25-year power purchase agreement (PPA) to provide an additional 54 megawatts (MW) of wind power to New Brunswick Power Distribution and Customer Service Corporation.
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Under the terms of the Arrangement, IRC shareholders can elect to receive cash, shares or a combination of both in exchange for their current IRC shareholdings. Shareholders holding approximately 47% of the IRC shares subject to the voting agreements have elected to receive shares in lieu of cash.
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ACTON, Mass. (Jan. 7, 2010) SeaChange International, Inc. (NASDAQ: SEAC) a leading provider of software and hardware solutions for video-on-demand (VOD) television, today announced that it has entered into a binding agreement to acquire all of the outstanding shares of VividLogic, Inc. VividLogic is a privately-owned, California-based company that provides software and services to cable...
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McLean, VA, January 4, 2010 — Global Telecom & Technology, Inc. (“GTT”) (OTCBB: GTLT), a leading global network integrator that provides its clients with a broad portfolio of wide-area network, IP transit and mobility services, today announces it has signed an agreement to acquire certain customers and assets from Chicago-based Global Capacity, Inc.
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The sale, which is subject to customary conditions including regulatory clearances, includes the DiGiorno, Tombstone and Jack's brands in the United States, the Delissio brand in Canada and the California Pizza Kitchen trademark license. It also includes two Wisconsin manufacturing facilities (Medford and Little Chute) and the right to take on the leases for the pizza depots and delivery trucks...
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Ypsomed has been a leader in the diabetes industry for over 25 years. The company developed the Disetronic Insulin Pump, which it sold to Roche Holdings AG in March 2003. After the sale, Ypsomed retained its European distribution network and today is a leading distributor of insulin pumps, blood glucose meters and diabetes care supplies. In Germany, Ypsomed has a 40% market share of insulin pump..
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WARREN, NJ, January 04, 2010 -- ANADIGICS, Inc. (Nasdaq: ANAD), a leading provider of semiconductor solutions in the rapidly growing broadband wireless and wireline communications markets, today announced that Mr. Dennis Strigl has rejoined the Company’s Board of Directors as a Class I Director, filling the vacancy created by the resignation on December 31, 2009 of Mr. Gilles Delfassy due to his..
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Upon closing, Dr. Hongyan Xu, Founder, Chairman, and CEO of the GL Group, will assume the role of Chairman and CEO of CBI. All current CBI directors and officers will resign upon closing. The existing CBI Board of Directors will be restructured to include two CBI nominee directors, Dr. Bill Guo and Mr. Samuel Sears in addition to Dr. Xu and four additional GL Group nominee directors.
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The amendment establishes fees and service levels for the period January 1 to December 31, 2010 and modifies a variety of terms including the elimination of bilateral exclusivity for the remainder of the contract. New pricing commences on January 1, 2010 and remains in effect throughout the 2010 calendar year. The contract requires that pricing be negotiated each year, therefore fees for year...
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In commenting on the transaction, Gregory S. Weishar, PharMerica Corporation's Chief Executive Officer, said, Consistent with our growth strategy, we are pleased to have completed this acquisition in 2009. Our acquisition pipeline continues to grow, and we are confident our overall growth strategy will provide shareholder returns. About PharMerica PharMerica Corporation is a leading...
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HOQUIAM, WASHINGTON – December 28, 2009. Paneltech International LLC (“Paneltech”), a company engaged in the design and manufacture of resin-saturated media announced today that on December 23, 2009 it completed a reverse merger (the “Merger”) with publicly traded Charleston Basics, Inc. (“Charleston” or the “Company”) (OTCBB:CHBS) a company that previously sold outdoor camping goods and...
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New York, NY – December 23, 2009 –John A. Catsimatidis, Chairman and CEO of United Refining Energy Corp., a publicly reporting company (the "Company"), announced today that on December 11, 2009, the board of directors adopted, and the Company’s stockholders approved, a resolution to amend its Certificate of Incorporation to allow the Company to have a perpetual existence. Mr. Catsimatidis...
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Denver, Colorado, December 21, 2009 Two Rivers Water Company (“Two Rivers”), formerly Navidec Financial Services, Inc. (OTC: NVDF.OB), through its 50% owned joint venture HCIC Holdings LLC, has completed the purchase of 18.11% of the shares of the Huerfano-Cucharas Irrigation Company (“HCIC”) in Southern Colorado. Further, HCIC Holdings LLC has received extensions on options to acquire another.
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Tampa, FLDecember 22, 2009Jagged Peak, Inc. (OTCBB: JGPK), a global provider of enterprise e-commerce, demand management, and fulfillment solutions and services announced that it has secured revolving note from Moriah Capital L. P. (Moriah) for the amount of one million five hundred thousand dollars ($1,500,000).
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Changbai is a well known blueberry product producer and distributor located in Jilin Province of China. Changbai produces more than one hundred blueberry related products, including soft drinks, health care products and honey mixed products, meeting the increasing market demand in China for these products.
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OceanFirst Financial Corp. is the parent holding company for OceanFirst Bank. OceanFirst Bank, founded in 1902 is the largest and oldest community-based financial institution headquartered in Ocean County, New Jersey. The Bank is located in the central coastal area of New Jersey between the major metropolitan cities of New York and Philadelphia. With administrative offices in Toms River, New...
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The objective of the project is to develop a product that can determine an individual’s immunity to seasonal and novel influenza viruses, including novel swine H1N1, either in the field or in an outpatient setting. The test will have six different parameters (representing different influenza strains) plus a control line on a single POC DPP® device. The test will allow visual interpretation of..
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The acquisition of California Micro Devices will significantly strengthen our offering of application specific integrated passive (ASIP) devices to protect products in the wireless, computing and consumer electronics end-markets, said Keith Jackson, ON Semiconductor president and CEO. In addition, CMD's expertise in protection solutions for the high brightness LED (HBLED) market, as well as...
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BEDFORD, Mass. December 14, 2009 Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related solutions, today announced it has signed an agreement to acquire 7ticks, LLC, an innovative provider of electronic trading networks and managed services. The transaction is expected to be completed in early 2010, contingent upon closing conditions.
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The acquisition of California Micro Devices will significantly strengthen our offering of application specific integrated passive (ASIP) devices to protect products in the wireless, computing and consumer electronics end-markets, said Keith Jackson, ON Semiconductor president and CEO. In addition, CMD's expertise in protection solutions for the high brightness LED (HBLED) market, as well as...
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At September 30, 2009, Valley Capital Bank reported assets of approximately $40.3 million, loans of approximately $23.7 million, other real estate owned of approximately $5.2 million and deposits of approximately $41.3 million. As part of the purchase and assumption transaction, Enterprise and the FDIC have entered into a loss sharing agreement on the assets acquired.
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The Common Shares to be issued in connection with the share exchange agreement have not been and will not be registered under the Securities Act of 1933 as amended (the Act), and may not be offered or sold in the United States absent registration, or an applicable exemption from registration, under the Act.
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DENVER, CO, December 14, 2009 - Highbury Financial Inc. (“Highbury”) (OTCBB: HBRF, HBRFW,HBRFU) and Affiliated Managers Group, Inc. (“AMG”) (NYSE: AMG) have entered into a definitive merger agreement whereby AMG will acquire Highbury. Under the terms of the agreement, AMG would issue an aggregate of up to 1,748,879 shares of AMG common stock in exchange for all of the outstanding equity of...
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The Company had previously announced its intention to divest itself of its commercial business in order to enable its team to invest all resources on its branded consumer retail and direct businesses. The agreements do not involve Schwinn® products which are sold in the retail and direct sales channels, which Nautilus will continue to sell.
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Following a court hearing held December 8 in Ft. Worth, Judge D. Michael Lynn today entered an order confirming the amended plan of reorganization, paving the way for the Debtors to exit bankruptcy later this month. Pilgrim's Pride said that it expects to emerge from bankruptcy before the end of December.
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Avigen stockholders who hold their shares through a bank, broker or other nominee may have an election deadline earlier than the Election Deadline. These Avigen stockholders should carefully review any materials they receive from their bank, broker or other nominee to determine the election deadline applicable to them.
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Waterbury, VT December 8, 2009 Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) (GMCR) today announced that it has entered into a definitive merger agreement to acquire Diedrich Coffee, Inc. (NASDAQ: DDRX) (Diedrich) for $35 per share in cash pursuant to a cash tender offer, in a transaction with a total value of approximately $290 million.
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Irvine, Calif. December 8, 2009 Diedrich Coffee, Inc. (NASDAQ: DDRX) today announced that it has entered into a merger agreement with Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) pursuant to which GMCR will acquire all of the outstanding shares of common stock of Diedrich Coffee for $35.00 in cash per share.
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New York, NY, December 8, 2009 BPW Acquisition Corp. (BPW) (AMEX: BPW), a publicly held special purpose acquisition company, today announced that it has entered into a definitive merger agreement pursuant to which it will be acquired by The Talbots, Inc. (NYSE: TLB), a specialty retailer of women's apparel. Upon closing the combined company will retain Talbots' ticker symbol and will trade..
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The rights will be distributed at the rate of one right for each share of common stock owned by stockholders of record as of December 18, 2009. Each right will allow the holder to purchase one one-hundredth of a share (a unit) of Series A Preferred Stock at an initial purchase price of $97.00 under circumstances described in the Rights Agreement. The purchase price, the number of units of...
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HOUSTON, TEXAS, December 2, 2009 – ICO, Inc. (Nasdaq: ICOC), global producer of custom polymer powders and plastic film concentrates, today announced the execution of a merger agreement with A. Schulman, Inc. (Nasdaq-GS: SHLM) and its results for the fiscal year and quarter ended September 30, 2009.
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London and Winston-Salem, North Carolina, December 3, 2009 - AstraZeneca and Targacept, Inc. today announced a collaboration and license agreement for the global development and commercialization of TC-5214, Targacept's late-stage investigational product for major depressive disorder (MDD). TC-5214, which recently completed a phase IIb clinical trial, is a nicotinic channel blocker that is...
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The Pires property consists of 5 mineral licenses covering more than 8501 hectares (21,000 acres) located 2.5 hours drive from Brasilia and about 1 hour outside of the small city of Pires de Rio, Goias State. The property is rectangular in shape and is approximately 13 kilometers long and 3 kilometers wide.
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