-
Omnitrax Acquires Short-Line Railroad Winchester & Western
Friday, July 26, 2019 - 4:04pm | 602Read More...An affiliate of OmniTrax is acquiring Winchester & Western (W&W) Railroad in a deal valued at $105 million. The acquisition is expected to close in the third quarter, subject to regulatory approval by the Surface Transportation Board and customary closing conditions. OmniTrax is a Denver-...
-
Heartland's Clean Balance Sheet Could Bring Acquisitions Back Into Play
Thursday, July 18, 2019 - 11:38am | 745Read More...Truckload (TL) carrier Heartland Express, Inc. (NASDAQ: HTLD) announced second quarter 2019 earnings of $0.27 per share, which were $0.02 per share ahead of analysts' estimates and $0.05 higher than the second quarter 2018 result. The North Liberty, Iowa-based company reported revenue of $142.1...
-
Truck-Lite Acquires TrackPoint Systems
Monday, June 10, 2019 - 3:49pm | 168Read More...Truck-Lite has acquired TrackPoint Systems, a provider of location-based asset management products. New York-based Truck-Lite, a major provider of lighting in the trucking industry, announced the acquisition of the Nashville firm on June 7. The two companies began working together in 2017 in a...
-
Most Acquisitions Are Finalized At A Price That Leaves Some Shareholders Sitting On A Loss
Friday, March 10, 2017 - 8:23am | 458Read More...Hewlett Packard Enterprise Co's (NYSE: HPE) announcement that it will acquire Nimble Storage Inc (NYSE: NMBL) was certainly well received by investors who bought the stock within the past year, but the same can't be said for longer-term shareholders. According to Gadfly's Shira Ovide,...
-
Warren Buffett's Behind-The-Scenes Look At The Failed Kraft Heinz, Unilever Merger
Monday, February 27, 2017 - 2:21pm | 480Read More...Warren Buffett explained during a CNBC interview on Monday why Kraft Heinz Co (NASDAQ: KHC)'s proposed $143 billion acquisition of Unilever plc (ADR) (NYSE: UL) ultimately failed. Buffett played a large role in the merger, which brought together Kraft and Heinz and recently teamed up with Kraft's...
-
Filing Details Microsoft And Salesforce's Bidding War For LinkedIn
Tuesday, July 5, 2016 - 9:41am | 314Read More...Microsoft Corporation (NASDAQ: MSFT) wasn't the only company looking to oversee a large scale M&A deal and acquire LinkedIn Corp (NYSE: LNKD). LinkedIn released a regulatory filing, which it submitted to the U.S. Securities and Exchange Commission (SEC), detailing the events leading up to its...
-
Look For Strong Fundamentals When Investing In Acquisition Targets
Tuesday, June 21, 2016 - 1:53pm | 507Read More...When LinkedIn Corp (NYSE: LNKD) agreed to sell itself to Microsoft Corporation (NASDAQ: MSFT), the stock surged higher by more than 45 percent in a single day. Investors looking to capitalize on a similar one-day return could do so if they accurately predict the next major M&A announcement....
-
Report: China-Based Apex Technology Eyeing Acquisition Of Lexmark
Thursday, April 7, 2016 - 2:31pm | 162Read More...Reuters reported that China-based Apex Technology is eyeing an acquisition of Lexmark International Inc (NYSE: LXK). Apex Technology is a manufacturer of ink cartridge chips, making an acquisition a natural fit. However, Reuters noted that while Lexmark may view a sale of itself to be promising...
-
ON Semiconductor Extends Tender Off To Acquire Fairchild Semiconductor
Friday, April 1, 2016 - 2:15pm | 175Read More...ON Semiconductor Corp (NASDAQ: ON) announced Friday it will extend its previously announced tender offer to fully acquire Fairchild Semiconductor Intl Inc (NASDAQ: FCS) for a price of $20.00 per share. According to ON Semiconductor, its current offer will expire one minute after 11:59 p.m. EST,...
-
Microchip Technology To Acquire Atmel For $8.15 Per Share, Notes Acquisition Is 'Latest Chapter Of Our Growth Strategy'
Wednesday, January 20, 2016 - 10:26am | 232Read More...Shares of Microchip Technology Inc. (NASDAQ: MCHP) were unchanged at $41.70 ahead of Wednesday's opening bell following the company's announcement that it has agreed to acquire Atmel Corporation (NASDAQ: ATML) for a total consideration of $8.15 per share. Microchip noted its acquisition...
-
Nexstar Close To Acquiring Media General For More Than $2 Billion
Wednesday, December 23, 2015 - 10:56am | 127Read More...Shares of Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) were higher by nearly 1 percent at $56.57 Wednesday morning after the New York Post reported that the company is close to acquiring rival Media General Inc (NYSE: MEG). The New York Post noted that Nexstar is prepared to offer more than $2...
-
EZchip's Board Recommends Investors Vote For Merger With Mellanox Technologies
Monday, December 21, 2015 - 3:03pm | 149Read More...Shares of EZchip Semiconductor Ltd (NASDAQ: EZCH) were trading lower by around 0.5 percent Monday morning after the company's Board of Directors argued for the pending merger proposal with Mellanox Technologies, Ltd. (NASDAQ: MLNX). Mellanox had agreed to acquire EZchip for $811 million in...
-
Pfizer, Allergan In 'Final Innings' Of Merger Talks
Thursday, November 19, 2015 - 10:41am | 385Read More...Shares of Allergan PLC (NYSE: AGN) and Pfizer Inc. (NYSE: PFE) were both trading lower by nearly 2 percent early Thursday morning. CNBC, citing sources, said the two companies are in the "final stages" of discussions to merge. CNBC added that it is expected to be an all-stock...
-
Intel To Acquire Altera For $54 Per Share
Monday, June 1, 2015 - 8:59am | 479Read More...Intel Corporation (NASDAQ: INTC) on Monday announced it has entered into a definitive agreement to acquire Altera Corporation (NASDAQ: ALTR) for $54 per share, valuing the entire transaction at around $16.7 billion. According to a press release, Intel stated that the acquisition will improve...
-
Amazon in "Serious Negotiations" to Acquire Palm / WebOS Division From HP
Saturday, October 1, 2011 - 1:19am | 452Read More...According to VentureBeat, Amazon is currently in "serious negotiations" with Hewlett-Packard to acquire the Palm and webOS divisions from the struggling company. HP acquired Palm (and along with it, webOS) back in April of last year. However, in August of this year, HP revealed that it will be...
