“This transaction is a continuation of Cincinnati Bell's strategy to improve liquidity and unlock shareholder value,” said Gary Wojtaszek, Chief Financial Officer of Cincinnati Bell. “We are pleased to expand our long-term relationship with a world-class operator such as American Tower, who is facilitating our ability to sell these non-core assets at an attractive valuation.” “We are pleased that.  Read More

“This transaction is a continuation of Cincinnati Bell's strategy to improve liquidity and unlock shareholder value,” said Gary Wojtaszek, Chief Financial Officer of Cincinnati Bell. “We are pleased to expand our long-term relationship with a world-class operator such as American Tower, who is facilitating our ability to sell these non-core assets at an attractive valuation.” “We are pleased that.  Read More

Keegan Resources Inc. (the "Keegan" or the "Corporation") (TSX:KGN)(NYSE Amex:KGN) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the "Underwriters"), under which the Underwriters have agreed to purchase on an underwritten basis 6,100,000 common shares (the "Common Shares") of Keegan at a price of $5.90 per Common Share for total gross proceeds to...  Read More

Tampa, Florida – November 18, 2009 – MagneGas Corporation (“MagneGas” or the “Company”) (OTC BB: MNGA), a producer of a metal working fuel and natural gas alternative made from liquid waste, announced today that it has entered into a Strategic Alliance Agreement (“SAA”) with United Arab Emirates (“UAE”)-based United Gas Company (“UNIGAS”). The parties entered into the SAA in order to replace...  Read More

This announcement was made in conjunction with separate agreements reached with the State of California Attorney General's office and the North American Securities Administrators Association regarding Wells Fargo's participation in the auction rate securities (ARS) market. The settlement agreements resolve all active regulatory investigations and enforcement actions concerning Wells Fargo's...  Read More

Santa Clara, Calif. and Kalispell, Mont., Nov. 17, 2009 – Applied Materials, Inc. (Nasdaq:AMAT) and Semitool, Inc. (Nasdaq:SMTL) today announced a definitive agreement for Applied to acquire the outstanding shares of Semitool for $11 per share in an all-cash tender offer.   Read More

Mobile, Alabama, November 12, 2009 – International Shipholding Corporation (NYSE: ISH) today announced that it has entered into an agreement to purchase three 36,000 Deadweight Ton Handysize double hull dry bulk carrier newbuildings with an option for a fourth newbuilding. The three new vessels will be constructed at Hyundai Mipo Dockyard Co., Ltd. and are expected to be delivered between...  Read More

METTAWA, Ill. -- HSBC Finance Corporation has announced its auto finance entities have reached an agreement with Santander Consumer USA Inc. (SC USA) to sell HSBC US auto loan servicing operations as well as US $1 billion in auto loan receivables for US $904 million in cash, and enter into a loan servicing agreement for the remainder of its US auto loan portfolio, which is in liquidation. The...  Read More

“We're pleased that our strong balance sheet and operating cash flow allow us to fund our growth, while also opportunistically returning value to our shareholders through this repurchase agreement” said Jack Hartung, Chief Financial Officer.   Read More

“We're pleased that our strong balance sheet and operating cash flow allow us to fund our growth, while also opportunistically returning value to our shareholders through this repurchase agreement” said Jack Hartung, Chief Financial Officer.   Read More

BOCA RATON, Florida, November 6, 2009 – Enterprise Acquisition Corp. ("Enterprise") (NYSE Amex: EST; EST.U; EST.WS) and ARMOUR Residential REIT, Inc. ("ARMOUR") today announced the completion of their merger transaction. ARMOUR will immediately begin conducting business as a REIT, primarily investing in hybrid adjustable-rate, adjustable-rate and fixed-rate residential mortgage-backed securities..  Read More

Pasadena, CA – November 6, 2009 – East West Bancorp, Inc. (Nasdaq: EWBC), parent company of East West Bank, announced today that it has acquired the banking operations of San Francisco, California based United Commercial Bank (UCB) in a Federal Deposit Insurance Corporation (FDIC) assisted transaction. Under the terms of the transaction, East West will receive $10.4 billion in assets, including...  Read More

CINCINNATI – Scripps Networks Interactive Inc. (NYSE: SNI), owner and operator of the Food Network and HGTV lifestyle television networks, will enter into a joint venture with Cox Communications Inc. by which it will acquire a controlling interest in the Travel Channel.   Read More

Acquisition establishes leading global provider of supply chain management software with more than 6,000 customers; Expands JDA's addressable market to include Discrete Manufacturing and extends leadership in Transportation Combined revenues approximate $617 million (on a trailing twelve-month basis) with a broad, seamless portfolio of products and services for the Manufacturing, Wholesale...  Read More

In consideration of the grant of the exclusive license, SL has agreed to pay and issue the following: issue to the Company such number of shares of SL that equals 10% of SL's outstanding share capital (the “SL Shares”). The Company's 10% interest in the share capital of SL is non-dilutive as long as SL's outstanding share capital is 1,000,000 Euros or less. If SL's share capital is above...  Read More


At the 2009 Annual Meeting of Stockholders the Anesiva stockholders will be asked to approve, among other proposals, the issuance of shares of Anesiva common stock in the merger (the “Merger”) contemplated by the Agreement and Plan of Merger, dated August 4, 2009, among Anesiva, Arca Acquisition Corporation (“Arca”), a wholly-owned subsidiary of Anesiva, Arcion Therapeutics, Inc. (“Arcion”) and,..  Read More

At the 2009 Annual Meeting of Stockholders the Anesiva stockholders will be asked to approve, among other proposals, the issuance of shares of Anesiva common stock in the merger (the “Merger”) contemplated by the Agreement and Plan of Merger, dated August 4, 2009, among Anesiva, Arca Acquisition Corporation (“Arca”), a wholly-owned subsidiary of Anesiva, Arcion Therapeutics, Inc. (“Arcion”) and,..  Read More

Houston, October 29, 2009 – WCA Waste Corporation (NASDAQ:WCAA) announced today that it has signed a letter of intent to acquire the operations of Live Earth, LLC.  Live Earth is a privately held company whose operations include the Sunny Farms Landfill, a 457 acre site permitted to accept municipal solid waste, industrial waste and construction and demolition debris located in Seneca County,...  Read More

BOCA RATON, Florida, October 28, 2009 – Enterprise Acquisition Corp. (NYSE Amex, Units: “EST.U”, Common Stock: “EST,” Warrants: “EST.WS”) (“Enterprise”) announced today that it has rescheduled the special meetings of its stockholders and warrantholders, which had been scheduled for Thursday, October 29, 2009, at 9:00 a.m. Eastern time, to Thursday, November 5, 2009, at 9:00 a.m. Eastern time....  Read More

BOCA RATON, Florida, October 28, 2009 – Enterprise Acquisition Corp. (NYSE Amex, Units: “EST.U”, Common Stock: “EST,” Warrants: “EST.WS”) (“Enterprise”) announced today that it has rescheduled the special meetings of its stockholders and warrantholders, which had been scheduled for Thursday, October 29, 2009, at 9:00 a.m. Eastern time, to Thursday, November 5, 2009, at 9:00 a.m. Eastern time....  Read More

Mr. Malone was quoted as saying “We have been expecting this order and have already met many of its requirements. We will continue to operate under a business as usual environment and look forward to making additional positive progress to satisfy regulators' directives.” According to Mr. Malone, the bank has plans to raise additional capital to meet the terms of the agreement. This is in addition.  Read More

BOCA RATON, Florida, October 23, 2009 – Enterprise Acquisition Corp. (NYSE Amex, Units: “EST.U”, Common Stock: “EST,” Warrants: “EST.WS”) (“Enterprise”) announced today that it has postponed the special meetings of its stockholders and warrantholders, which had previously been scheduled for Monday, October 26, 2009, at 9:00 a.m. Eastern time, to Thursday, October 29, 2009, at 9:00 a.m. Eastern...  Read More

BOCA RATON, Florida, October 23, 2009 – Enterprise Acquisition Corp. (NYSE Amex, Units: “EST.U”, Common Stock: “EST,” Warrants: “EST.WS”) (“Enterprise”) announced today that it has postponed the special meetings of its stockholders and warrantholders, which had previously been scheduled for Monday, October 26, 2009, at 9:00 a.m. Eastern time, to Thursday, October 29, 2009, at 9:00 a.m. Eastern...  Read More

That's why Tellabs, a leader in mobile backhaul networks, will acquire WiChorus of San Jose, Calif. The combination creates advanced 3G/4G mobile networks that revolutionize the mobile Internet, deliver new applications to generate revenue and simplify networks to achieve significant savings for mobile carriers.   Read More

Foster City, CA and Tampa, FL–October 21, 2009 – Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, and Switch & Data Facilities Company, Inc. (Nasdaq: SDXC), a leading provider of data center and Internet exchange services, have entered a definitive agreement for Equinix to acquire Switch and Data in a transaction valued at approximately $689 million in cash and stock,...  Read More

In September, Molecular Insight entered into a Territory License Agreement (“The Agreement”) with BioMedica for commercialization of Onalta in certain European countries, the Middle East, North Africa, Russia and Turkey. Under the Agreement, BioMedica is expected to perform clinical studies and to secure all regulatory approvals to market, sell and distribute Onalta within its licensed...  Read More

Foster City, CA and Tampa, FL–October 21, 2009 – Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, and Switch & Data Facilities Company, Inc. (Nasdaq: SDXC), a leading provider of data center and Internet exchange services, have entered a definitive agreement for Equinix to acquire Switch and Data in a transaction valued at approximately $689 million in cash and stock,...  Read More

Foster City, CA and Tampa, FL–October 21, 2009 – Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, and Switch & Data Facilities Company, Inc. (Nasdaq: SDXC), a leading provider of data center and Internet exchange services, have entered a definitive agreement for Equinix to acquire Switch and Data in a transaction valued at approximately $689 million in cash and stock,...  Read More

SEOUL, KOREA AND DURHAM, N.C. – October 19, 2009 – Arigene Co., Ltd., a Korean corporation traded on the Korean Securities Dealers Association Quotation System (“Arigene”) (KOSDAQ: 067850), through its wholly-owned subsidiary, RTM Acquisition Company, a Delaware corporation, today commenced a cash tender offer to purchase all outstanding shares of common stock of Trimeris, Inc., a Delaware...  Read More

HOUSTON, October 16, 2009 /PRNewswire-FirstCall/ -- NCI Building Systems, Inc. (NYSE: NCS) today announced that the major milestones for the completion of its investment agreement with a fund managed by Clayton, Dubilier & Rice (CD&R) have been achieved, and that the Company anticipates closing the transaction as early as October 20, 2009.   Read More

First Bankshares shareholders approved the merger at First Bankshares' reconvened 2009 Annual Meeting of Shareholders and Xenith Corporation shareholders approved the merger at Xenith Corporation's reconvened Special Meeting of Shareholders, both held on October 15, 2009. The merger was approved by approximately 74.3% and 92.7% of the votes entitled to be cast on the merger by the holders of...  Read More

UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The company sells its solutions to operators in both emerging and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to...  Read More

LOUISVILLE, Ky. (October 15, 2009) – Porter Bancorp, Inc. (NASDAQ: PBIB) announced today that it has entered into option agreements for the right to purchase approximately 15.8% of the outstanding common shares of Citizens First Corporation (NASDAQ: CZFC) for $9.00 per share. With the options, Porter Bancorp and its affiliates would beneficially own approximately 19.7% of the outstanding common...  Read More

Under the terms of the agreement, Cisco will pay $35 per share in cash in exchange for each share of Starent Networks and assume outstanding equity awards for an aggregate purchase price of approximately $2.9 billion. The acquisition has been approved by the boards of directors of both companies.   Read More

Commenting on the Company's decision to make this acquisition, Ilan Bunimovitz, Chief Executive Officer of Private explained: “This acquisition is the next step in the ongoing expansion of our global digital media platform. It adds another dimension to our platform and broadens our market knowledge. In 2009 we entered the VOD and US markets through the acquisition of GameLink. We completed a...  Read More

MILPITAS, Calif. and TEL AVIV, ISRAEL -- October 13, 2009 -- Sigma Designs®, Inc. (NASDAQ: SIGM) (“Sigma”) and CopperGate Communications Ltd. (“CopperGate”) today announced that the companies have entered into a definitive agreement for Sigma to acquire CopperGate in a cash and stock transaction with an agreed value of $160 million, net of CopperGate’s cash at the closing of the transaction.   Read More

The Company announced that Steven R. Miller, Ph.D. and Jack Weinstein will assume expanded responsibilities: Dr. Miller, currently Catalyst's Vice President, Pharmaceutical Development and Project Management, will assume additional duties as Catalyst's Chief Scientific Officer; and Mr. Weinstein, currently Catalyst's Vice President, Treasurer and Chief Financial Officer, will assume formal...  Read More

Tulsa, Okla. – October 8, 2009: SemGroup Energy Partners, L.P. (“SGLP”) (Pink Sheets: SGLP.PK) has been informed that Vitol Inc., part of the Vitol Group of companies (“Vitol”), today entered into an agreement with Manchester Securities Corp., an affiliate of Elliott Management Corporation (“Manchester”), to purchase 100% of the membership interests of SemGroup Energy Partners G.P., L.L.C.,...  Read More

“I am very proud to continue to serve as CEO of Nara Bancorp,” said Ms. Kim. “It has been my privilege to work with the many talented Nara employees and directors, and I look forward to the exciting opportunities ahead.” The renewal includes the following provisions. Ms. Kim will receive an annual base salary of $350,000. On November 27, 2009, Ms. Kim shall be granted 40,000 performance units...  Read More


The non binding letter of intent entered into between China Direct Industries and Yiwei Magnesium contemplates the creation of what China Direct Industries believes will be the largest producer and distributer of pure magnesium and related products in the world.  In addition to the acquisition of the minority stake in China Direct Industries magnesium subsidiaries owned by Yiwei Magnesium, China..  Read More

IRVINE, Calif. — October 6, 2009 — Epicor Software Corporation (NASDAQ: EPIC), a leading provider of enterprise business software solutions for the midmarket and divisions of Global 1000 companies, today announced that it amended its existing Credit Facility (Facility) agreement to provide the Company with more operating flexibility in light of changing economic conditions over the past 18...  Read More

Chief Executive Officer, Laurence Geller remarked, “We are very pleased to announce this sale at an attractive price in an extremely difficult environment. This transaction, in a market with a significant amount of directly competitive new or under-construction supply, demonstrates the value in our unique portfolio of properties in general, and especially so in Mexico City given the impact of the.  Read More

Company Intends to Sell Its Stake in Pan Asia Subsidiary in an Effort to Focus Its IMG Branded Operations with Key Chinese Partner Deerfield Beach, Fla., October 5, 2009 – China Direct Industries, Inc. (“China Direct Industries”) (NASDAQ: CDII), a U.S. owned, rapidly growing holding company operating in China in two core business segments, pure magnesium production and distribution of basic...  Read More

Lincare, headquartered in Clearwater, Florida, is one of the nation's largest providers of respiratory therapy and other services to patients in the home. The Company provides services and equipment to more than 700,000 customers in 48 states.   Read More

A notice of variation and extension of the existing offer is expected to be mailed to securityholders of Canadian Hydro by the end of this week with an initial expiry date of October 20, 2009.   Read More

Partnership gives AsiaInfo an established, leading outbound call service to obtain high-quality, first-hand feedback from subscribers Leverages AsiaInfo's leading market share in business intelligence installations and reputable consulting team to provide carriers with enhanced sales & marketing campaigns BEIJING/SANTA CLARA, Calif.– October 2, 2009 – AsiaInfo Holdings, Inc. (NASDAQ: ASIA)...  Read More

In addition, under the amended agreement Ligand and GSK agreed to waive exclusivity on two biological targets, allowing both GSK and Ligand the freedom to pursue independent research programs with such targets in addition to the current alliance programs. Furthermore, pursuant to the amended agreement Ligand will gain full research, development and/or commercialization rights to certain targets...  Read More

RESTON, VA – September 30, 2009 – Mobile communications provider TerreStar Networks Inc. (TerreStar), a majority-owned subsidiary of TerreStar Corporation (NASDAQ: TSTR), announced today an agreement between TerreStar and AT&T to bring to market the first fully integrated satellite cellular smartphone.   Read More

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