Trigger > Mergers and Acquistions

3G Capital to acquire Burger King for $3.26bn

2010-09-03T00:32:28Z

IT´S been 10 long years since the Palestinians and Israelis last came close to establishing a permanent peace, in January 2001 at Taba in Egypt. During my career in the Egyptian Air Force, I saw the tragic toll of war between the Arabs and Israel. As ...

Regional lenders looking to merger to deliver result on credit rating

2010-09-03T00:18:29Z

Cisco to acquire smart grid maker Arch Rock

2010-09-02T23:47:26Z

Cisco on Thursday said it would acquire San Francisco-based Arch Rock, a privately-held maker of IP-based wireless network technology for smart-grid applications. The acquisition came on the heels of Cisco's just-announced strategic alliance with power ...

HP to Buy 3Par for $2.35 Billion as Dell Walks Away

2010-09-02T23:26:00Z

Hewlett-Packard Co. agreed to buy 3Par Inc. for $2.35 billion, ending an 18-day bidding war with Dell Inc. for the maker of storage systems and stepping up its rivalry with EMC Corp.

HP and 3Par sign definitive merger agreement

2010-09-02T23:15:26Z

Hewlett-Packard and 3Par have signed a definitive agreement for HP to buy the California storage vendor for US$2.35 billion, the companies said Thursday.

AT&T Accelerates Timetable for Expanding Service in Virginia

2010-09-02T23:10:00Z

RICHMOND, Va., Sept. 2 /PRNewswire/ -- AT&T* said today that the timetable for expanding AT&T service in Virginia has been accelerated and that it expects to complete network upgrades on wireless assets acquired from Verizon Wireless in June 2010 by the end of 2010 or the beginning of 2011.

Cisco Steals Smart Grid Show

2010-09-02T23:03:13Z

2:05 PM -- complink 1131|Cisco Systems Inc.} really wants to be central to the smart grid, and it's putting its money where its mouth is with a new partnership and an acquisition. In the past two days, it has partnered with smart-meter vendor Itron and ...

Fitch Downgrades Burger King's IDR to 'B+' on Buyout; Negative Watch

2010-09-02T22:49:24Z

Fitch Ratings has taken the following rating actions on Burger King Corporation's (Burger King; NYSE:BKC) Issuer Default Rating (IDR) and outstanding debt ratings following its definitive agreement to be acquired by affiliates of 3G Capital. --Long-term IDR downgraded to 'B+' from 'BB'; --Secured bank facility affirmed at 'BB+'. Fitch has also placed the IDR on Rating Watch Negative and assigned a 'RR1' Recovery Rating (RR) to the secured bank debt. The downgrade reflects the likelihood that leverage will increase considerably to finance the deal and Fitch's opinion that the probability for completion is very high. Burger King's board has unanimously approved the

3G Capital to Acquire Burger King Holdings

2010-09-02T22:32:35Z

Burger King Holdings, Inc. and 3G Capital announced that they have entered into a definitive agreement under which affiliates of 3G Capital will acquire the stock of the company for $24.00 per share, or $4 billion, including the assumption of the company's ...

Synopsys wraps $315M acquisition of Virage Logic

2010-09-02T22:30:06Z

[AP] - Synopsys Inc. said Thursday it has completed its acquisition of rival chip design software provider Virage Logic Corp. for about $315 million in cash.

Sector Wrap: Technology, Chain Restaurants

2010-09-02T22:30:00Z

It was a big week for economic data, and the technology and restaurant chain sectors were abuzz with merger and acquistion news. On Monday, the Commerce Department said consumer spending increased 0.

BRIEF: PPL to hold rates steady in Ky. acquisition

2010-09-02T22:18:36Z

Fidelity to Expand Mortgage Services with Acquisition

2010-09-02T22:16:53Z

The title insurance company Fidelity National Financial Inc. plans to expand its mortgage services with the acquisition of the software company Commerce Velocity.

NetLine acquires All About Sales

2010-09-02T22:10:13Z

NetLine Corp. said Thursday it acquired All About Sales Inc., a boutique sales and marketing firm.

Dow AgroSciences Announces Agreement to Acquire Assets of Grand Valley Hybrids

2010-09-02T22:02:54Z

HP to Acquire 3PAR

2010-09-02T22:02:54Z

AM Gold Inc. Announces Increase in Size of 5,000,000 Unit Non-Brokered Private Placement

2010-09-02T22:02:54Z

Hands-on: Twitter officially comes to the iPad

2010-09-02T22:00:40Z

When we interviewed Tweetie developer Loren Brichter in June, he made two things clear: 1) Tweetie (now branded simply as "Twitter" after the company was acquired by the microblogging service) would definitely be coming to the iPad, and 2) Loren was really looking forward to exploring the larger screen touch interface.

Now, the official Twitter client for iPad is finally out in the form of a universal app. The team has clearly put some effort into utilizing parts of the multitouch experience in ways that third-party Twitter apps have not, and the app is certainly feature-rich. However, the interface can be confusing at times, and many of the features are not easily discoverable without some help.

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Proventec plc PROV - Financial and Strategic Analysis Review - new company profile and analysis released

2010-09-02T21:54:24Z

Proventec plc Proventec is principally engaged in the development, production and sale of hygiene solutions based on steam technologies and preventative coatings. The company´s products and solutions find applications in food retail, preparation market, hospitality industries, transport infrastructure, construction materials and consumer products. The company´s cleanings solutions are engineered to fight the spread of common food bacteria and helthcare acquired infections including MRSA. Proventec also offers coating solutions such as fire retardants, anti-abrasion and corrosion materials for industrial use. The company is headquartered at Liverpool, United Kingdom This comprehensive SWOT analysis of Proventec plc provides you an in-depth strategic analysis

HP (HPQ) Announces $2.35B Acquisition of 3Par (PAR)

2010-09-02T21:53:05Z

Visit StreetInsider.com at http://www.streetinsider.com/Mergers+and+Acquisitions/HP+%28HPQ%29+Announces+%242.35B+Acquisition+of+3Par+%28PAR%29/5944010.html for the full story.

Aruba Networks Completes Acquisition of Azalea Networks

2010-09-02T21:48:32Z

3PAR and HP Will Rule Enterprise Storage

2010-09-02T21:48:21Z

Hewlett-Packard on Thursday trumped Dell in a closely-watched bidding war for 3PAR. For a price tag of $2.4 billion, HP acquired 3PAR, a data storage provider, and a good one. It consistently receives industry accolades for its utility storage solutions, ...

Merchants Leasing Acquires ALD Automotive USA

2010-09-02T21:47:00Z

Visit StreetInsider.com at http://www.streetinsider.com/Press+Releases/Merchants+Leasing+Acquires+ALD+Automotive+USA/5943993.html for the full story.

Aruba Networks (ARUN) Announces Completion of Azalea Networks Acquisition

2010-09-02T21:37:15Z

Visit StreetInsider.com at http://www.streetinsider.com/Mergers+and+Acquisitions/Aruba+Networks+%28ARUN%29+Announces+Completion+of+Azalea+Networks+Acquisition/5943965.html for the full story.

Match Capital Announces Completion of a $500,000 Financing

2010-09-02T21:34:04Z

Will 3Par Be Good For HP? The Jury Is Out

2010-09-02T21:33:55Z

Tags: 3Par, Dell, HP, acquisitionChannel: Deduplication, Servers & Storage, Storage & MgmtHP has prevailed in its bidding war with Dell for 3Par, a high-end storage vendor, giving HP an important advantage in the converged infrastructure and cloud computing ...

Burger King Option Trading Surged Before Buyout Bid

2010-09-02T21:33:55Z

Sept. 2 (Bloomberg) -- Trading of bullish Burger King Holdings Inc. options surged to a record Aug. 25, a week before the second-largest U.S. hamburger chain agreed to be acquired by 3G Capital, lifting the shares 25 percent today.Volume for calls to ...

Burger King sale deal agreed

2010-09-02T21:33:55Z

Burger King Holdings agreed to sell itself to investment firm 3G Capital for US$3.26 billion ($4.56 billion), giving the No 2 US fast-food chain breathing room to fix its business and close the gap with leader McDonald's.At US$24 per share, the offer ...

HealthMed acquires Neural Communicator

2010-09-02T21:25:08Z

HealthMed Services Ltd. said Thursday it agreed to acquire all rights, title and interest to Neural Communicator software and hardware.

Inland Real Estate Corporation Announces Contribution of The Point at Clark to Joint Venture with PGGM

2010-09-02T21:19:15Z

Burger King to Be Acquired by 3G Capital

2010-09-02T21:18:56Z

Burger King Holdings BKC announced Thursday that it has entered into an agreement to be acquired by private equity firm 3G Capital for $3.2 billion in cash, or $24 per share, plus the assumption of $760 million in outstanding debt, resulting in a total ...

Cisco Systems to buy S.F. smart-grid software maker Arch Rock [San Jose Mercury News, Calif.]

2010-09-02T21:18:56Z

(San Jose Mercury News (CA) Via Acquire Media NewsEdge) Sept. 02--Cisco Systems, the giant San Jose maker of networking equipment, announced today it intends to buy Arch Rock, a San Francisco developer of smart-grid software. Financial terms weren't disclosed. ...

Kennedy Wilson, RECP/Urban Partners and Capri Capital Partners Acquire 400-Unit Apartment Community in Oxnard

2010-09-02T21:03:54Z

HealthMed Services to Acquire Neural Communicator

2010-09-02T21:03:54Z

Cisco Acquires Smart-Grid Vendor

2010-09-02T20:59:00Z

Cisco sees the electric grid as one more form of networking that will become a natural subsidiary market in the next few years.

After Explosion, Will Apache Scrap Deal To Buy Mariner?

2010-09-02T20:52:41Z

After this oil platform explosion, will Apache Corp. go ahead with its acquisition of Mariner Energy

Synopsys (SNPS) Completes Acquisition of Virage Logic (VIRL); Deal Expected Neutral to Q4 EPS

2010-09-02T20:52:36Z

Visit StreetInsider.com at http://www.streetinsider.com/Mergers+and+Acquisitions/Synopsys+%28SNPS%29+Completes+Acquisition+of+Virage+Logic+%28VIRL%29%3B+Deal+Expected+Neutral+to+Q4+EPS/5943710.html for the full story.

ADB International Group, Inc. (ADBI) Announces New Website

2010-09-02T20:48:05Z

Ryan & Maniskas, LLP Announces Investigation of Burger King Holdings, Inc.

2010-09-02T20:48:05Z

Synopsys Completes Acquisition of Virage Logic Corporation

2010-09-02T20:48:05Z

Land acquisition draft could factor in NAC view

2010-09-02T20:46:56Z

The draft Bill for amending the 115-year-old Land Acquisition Act could undergo few changes, thanks to the intervention from the National Advisory Council headed by Sonia Gandhi. There are chances that some of the proposals in an earlier draft drawn up by NAC and presented to the Prime Minister on January 2006 will get included in the draft Bill.

FM tries to bring Mamata on board for amendment

2010-09-02T20:46:56Z

Finance minister Pranab Mukherjee is trying hard to convince railway minister Mamata Banerjee to come on board regarding the amendment of the Land Acquisition Act, 1894, so that the bill could be brought before the Lok Sabha in the Winter Session.

Ryan & Maniskas, LLP Announces Investigation of Burger King (BKC) Directors Regarding 3G Capital Acquisition

2010-09-02T20:43:14Z

Visit StreetInsider.com at http://www.streetinsider.com/Mergers+and+Acquisitions/Ryan+%26+Maniskas%2C+LLP+Announces+Investigation+of+Burger+King+%28BKC%29+Directors+Regarding+3G+Capital+Acquisition/5943664.html for the full story.

Zep (ZEP) Completes $66M Acquisition of Assets and Liabilities from Waterbury Co.'s

2010-09-02T20:37:16Z

Visit StreetInsider.com at http://www.streetinsider.com/Mergers+and+Acquisitions/Zep+%28ZEP%29+Completes+%2466M+Acquisition+of+Assets+and+Liabilities+from+Waterbury+Co.%27s/5943629.html for the full story.

NC newspaper completes sale to Alabama company

2010-09-02T20:36:00Z

An eastern North Carolina daily newspaper has completed details of its sale to an Alabama-based company.

Ryan & Maniskas, LLP Announces Investigation of Burger King Holdings, Inc.

2010-09-02T20:35:00Z

WAYNE, Pa.--(BUSINESS WIRE)--Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/bkc) is investigating potential claims against the board of directors of Burger King Holdings, Inc. (NYSE: BKC).

Zep Inc. Subsidiaries Complete Acquisition of Certain North American Brands and Assets of Waterbury Companies, Inc.

2010-09-02T20:34:16Z

J.B. Kenehan buys Conley Printing

2010-09-02T20:33:30Z

J.B. Kenehan LLC, a pre-press, printing and finishing technology provider in Waukesha, has acquired Conley Printing of Beaver Dam for an undisclosed amount.

RPM International Inc. RPM - Financial and Strategic Analysis Review - new company profile and analysis released

2010-09-02T20:20:24Z

RPM International Inc. RPM is a multinational holding company. The company, along with its subsidiaries, manufactures and distributes high-performance coatings, sealants and specialty chemicals, for maintenance and improvement applications. The company operates under two business segments namely, Consumer Segment and Industrial Segment. Through these segments, the company offers a wide range of specialty chemical product line, which include protective coatings, roofing systems, adhesives, high-quality specialty paints and sealants. RPM International Inc. Key Recent Developments Jan 19, 2010: RPM acquires Universal Sealants UK Limited This comprehensive SWOT analysis of RPM International Inc. provides you an in-depth strategic analysis of the company?s businesses and operations.

HP Wins Bidding War for 3PAR at 33 a Share

2010-09-02T20:12:51Z

September 2, 2010 -- Technology provider HP put an end to an 18-day bidding war with rival Dell on Thursday to acquire cloud storage provider 3PAR for $33 a share.

CORRECTING and REPLACING Kendall Law Group Investigates Burger King Holdings, Inc. for Shareholders

2010-09-02T20:02:50Z

Biz groups to align in Wyoming Co.

2010-09-02T19:53:01Z

Two Wyoming County business groups are close to completing a merger.

Gulf Resources, Inc. GFRE - Financial and Strategic Analysis Review - new company profile and analysis released

2010-09-02T19:52:25Z

Gulf Resources, Inc. Gulf Resources is a chemical product manufacturing company. The company is engaged in manufacturing and trading bromine and crude salt. In addition, it is also engaged in acquiring bromine reserves. Gulf Resources is integrated by both backward and forward activities. The company along with its subsidiaries manufactures several other chemicals using bromine and crude salt. Its product line consists of oil and gas field exploration chemicals, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals. Till date, the company markets its product in china only. Gulf Resources, Inc. Key Recent Developments Apr 09,

Pace sells most of Manchester Highlands to Phoenix firm

2010-09-02T19:52:05Z

Core Real Estate Investments of Phoenix has acquired about 60 percent of the Manchester Highlands shopping center in Manchester, Mo., from its developer, Pace Properties, for $48.5 million.

The Law Office of Robbins Umeda LLP Announces an Investigation of the Acquisition of Burger King Holdings, Inc. by Affiliates of

2010-09-02T19:49:28Z

Burger King Call Options Surged Before Bid

2010-09-02T19:49:19Z

Trading of bullish Burger King Holdings Inc. options surged to a record Aug. 25, a week before the second-largest U.S. hamburger chain agreed to be acquired by 3G Capital, lifting the shares as much as 25 percent today.Volume for calls to buy the stock ...

Hewitt completes deal to acquire EnnisKnupp

2010-09-02T19:45:03Z

[AP] - Hewitt Associates completed its acquisition of investment advisory firm EnnisKnupp, the company said Thursday. Terms of the deal, first announced July 20, have not been disclosed.

The Law Office of Robbins Umeda LLP Announces an Investigation of the Acquisition of Burger King Holdings, Inc. by Affiliates of 3G Capital

2010-09-02T19:41:00Z

SAN DIEGO--(BUSINESS WIRE)--The Law Office of Robbins Umeda LLP Announces an Investigation of the Acquisition of Burger King Holdings, Inc. by Affiliates of 3G Capital

Freeman Acquires Encore Productions

2010-09-02T19:33:31Z

Burger King agrees to $3.3 billion sale to 3G Capital (Reuters)

2010-09-02T19:33:21Z

LOS ANGELES (Reuters) Burger King Holdings Inc agreed to sell itself to investment firm 3G Capital for $3.26 billion, giving the No. 2 U.S. fast-food chain breathing room to fix its business and close the gap with leader McDonald's Corp. At $24 per share, ...

Burger King Acquired by 3G Capital for $4.0 Billion

2010-09-02T19:33:21Z

Burger King Holdings, Inc. (NYSE: BKC) and 3G Capital today announced that they have entered into a definitive agreement under which affiliates of 3G Capital will acquire the stock of the Company for $24.00 per share, or $4.0 billion, including the assumption ...

UPDATE - Moody s may cut Burger King rating on acquisition

2010-09-02T19:30:03Z

[at Reuters] - Moody s Investors Service on Thursday said it may cut its debt ratings on Burger King Holdings because of substantial debt that may be taken on to fund its acquisition by affiliates of 3G Capital.

Burger King agrees to $4B buyout deal

2010-09-02T19:29:03Z

The buyout rumors are true: Burger King Holdings said Thursday that it has agreed to sell for about $4 billion, plus the assumption of debt. (BKC) (MCD)

Land acquisition row delays projects in K'taka

2010-09-02T19:26:37Z

The Karnataka government has been facing an uphill task in acquiring land for big-ticket steel and power projects. The land acquisition process in Bellary and Haveri districts, where mega steel plants of ArcelorMittal and Tata Metaliks are proposed to come up, is likely to be delayed as farmers have rejected the governments offer, alleging that it had fixed throwaway prices for their land.

SKIL to raise Rs 2,500 cr to fund infra, edu projects

2010-09-02T19:22:27Z

SKIL Infrastructure is raising Rs2,500 crore by selling less than 20% stake in two phases that includes a private placement to overseas funds besides a public issue.

Scout Investment Advisors to acquire assets of Reams Asset Management

2010-09-02T19:18:38Z

Weir Group to acquire valves business of BDK Engineering Industries

2010-09-02T19:18:38Z

Dell concedes in 3PAR bidding war

2010-09-02T19:18:29Z

Dell has given up its pursuit of storage specialist 3PAR.The company said in a statement that it would not be upping its latest bid of $32 per share for 3PAR and would seek to collect on a $72m break-up fee for ending acquisition talks.Dell's move comes ...

Summary Box: Pernod Ricard earnings

2010-09-02T19:16:00Z

COMPANY: Pernod Ricard SA, Paris-based drink maker known for its anise-flavored aperitifs as well as Beefeater gin and recently acquired Absolut vodka reported its full-year earnings Thursday.

Penfund Announces US$15 Million Investment in Choice Environmental Services, Inc.

2010-09-02T19:13:00Z

Visit StreetInsider.com at http://www.streetinsider.com/Press+Releases/Penfund+Announces+US%2415+Million+Investment+in+Choice+Environmental+Services%2C+Inc./5943123.html for the full story.

UPDATE 1-Moody's may cut Burger King rating on acquisition

2010-09-02T19:12:44Z

NEW YORK, Sept 2 (Reuters) - Moody's Investors Service on Thursday said it may cut its debt ratings on Burger King Holdings because of substantial debt that may be taken on to fund its acquisition by affiliates of 3G Capital.

Burger King agrees to $3.3 billion sale to 3G Capital

2010-09-02T19:08:49Z

LOS ANGELES (Reuters) - Burger King Holdings Inc agreed to sell itself to investment firm 3G Capital for $3.26 billion, giving the No. 2 U.S. fast-food chain breathing room to fix its business and close the gap with leader McDonald's Corp.

Legacy Education Acquires High Desert Medical College, Inc. as Part of its Growing Family of Career Training Schools

2010-09-02T19:06:00Z

Visit StreetInsider.com at http://www.streetinsider.com/Press+Releases/Legacy+Education+Acquires+High+Desert+Medical+College%2C+Inc.+as+Part+of+its+Growing+Family+of+Career+Training+Schools/5943089.html for the full story.

Burger King to be acquired for $4B

2010-09-02T19:05:09Z

Moody's and S&P may downgrade Burger King

2010-09-02T19:04:48Z

SAN FRANCISCO (MarketWatch) -- Ratings agencies Moody's Investors Service and Standard & Poor's Ratings Services on Thursday placed Burger King Corp. on review for possible downgrade following the announcement that the fast-food chain will be bought out by 3G Capital in a deal valued at $4 billion. "This announcement suggests that there is a high probability that Burger King and/or its acquirer will need to incur substantial debt to fund the acquisition which would weaken Burger King's credit profile," said Bill Fahy, a Moody's senior analyst. Moody's rates Burger King at Ba2 while S&P has it at BB-.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Euronet Worldwide (epay) acquires Telecom Net (Ativi) from private equity investors

2010-09-02T19:04:10Z

BancFirst Corporation Announces Agreement to Acquire Exchange Bancshares of Moore, Inc.

2010-09-02T19:04:10Z

Brown & Brown acquires assets of Crowe Paradis Holding

2010-09-02T19:04:10Z

Cloud Centric Systems acquires VizualMobile

2010-09-02T19:04:10Z

RPS Group acquires Boyd Exploration Consultants

2010-09-02T19:04:10Z

Perpetual Group to acquire Aegis from ASB Bank

2010-09-02T19:04:10Z

Fortune Oil to acquire 65% stake in Beijing Everthriving Energy Technology

2010-09-02T19:04:10Z

Maryland Bankcorp to merge with Old Line Bancshares

2010-09-02T19:04:10Z

Fortune Gas Technology to acquire 65% stake in Jinzhou Everthriving Logistics

2010-09-02T19:04:10Z

LHC Group acquires Haggin Home Health from James B. Haggin Memorial Hospital

2010-09-02T19:04:10Z

Walgreen to acquire 18 ApothecaryRx pharmacies from Graymark Healthcare

2010-09-02T19:04:10Z

Blackbird Energy to acquire Thani Netherlands Holding from Thani Emirates Petroleum

2010-09-02T19:04:10Z

Laboratoires Thea acquires Mydriasert ophthalmic insert from Carl Zeiss Meditec

2010-09-02T19:04:10Z

Fortune Gas Technology to acquire 65% stake in Jilin Everthriving Carbon Dioxide Plastic Technology

2010-09-02T19:04:10Z

Countplus acquires 25% stake in Cartwright Brown & Company

2010-09-02T19:04:10Z

FACTBOX-Five facts about 3G Capital

2010-09-02T19:04:10Z

Sept 2 (Reuters) - Burger King Holdings Inc , the No. 2 U.S. fast-food chain, agreed to sell itself to 3G Capital, a little-known investment firm, for about $3.26 billion. [ID:nN02193380]

CarePayment Technologies, Inc. Acquires Vitality Financial, Further Enhancing Flexible Payment Options for Patients Nationwide

2010-09-02T19:04:10Z

Burger King Call Option Trading Surged Before Takeover Offer

2010-09-02T19:04:00Z

TAM S.A. HIgher As Merger With LAN (LFL) Ruled to Be Legal

2010-09-02T19:02:42Z

Visit StreetInsider.com at http://www.streetinsider.com/Mergers+and+Acquisitions/TAM+S.A.+HIgher+As+Merger+With+LAN+%28LFL%29+Ruled+to+Be+Legal/5943073.html for the full story.

Cisco buys wireless smart grid company

2010-09-02T18:54:32Z

Cisco this week said it will acquire Arch Rock Corporation, a privately held developer of IP-based wireless network technology for smart grids.

Cipla to buy 25% in S Africa unit

2010-09-02T18:49:00Z

Cipla, the largest player in the domestic drug market, could play white knight for Cipla Medpro, South Africas third-largest drugmaker and a key ally of the Indian company. Cipla is looking to acquire around 25 per cent in the manufacturing division of Cipla Medpro, where it does not hold any stake at present. The deal size could not be ascertained, but it will be the first overseas acquisition by 75-year-old Cipla in any pharmaceutical company. Recently, it acquired a 25 per cent stake in a Hong Kong-based biotech company with manufacturing units in Shanghai.

Kenexa commences tender offer to acquire Salary.com

2010-09-02T18:48:13Z

AmerAlia acquires remaining 82% stake in Natural Soda Holdings

2010-09-02T18:48:13Z

InsWeb to acquire Potrero Media

2010-09-02T18:48:13Z

Husky Energy to acquire natural gas properties from Talisman Energy

2010-09-02T18:48:13Z