Today, Actuant Corporation announced signing a deal to acquire Viking SeaTech for USD90 million. Actuant Corporation was established in 1910 and operates as a diversified industrial company with businesses in more than thirty countries.
Leveraged Buyouts
Federal Reserve gives no hints of bond buying reductions, describes US economic growth as "modest"
The Federal Reserve gave no indication that it intends to reduce its bond purchases, at least for now.
New York Times agrees to Boston Globe sale to John Henry
The New York Times Co announced that it has agreed to sell the Boston Globe newspaper to John Henry.
Cisco to purchase Sourcefire for US$2.7 billion
Cisco would purchase Sourcefire for US$2.7 billion and pay US$76 in cash for each share. Cisco Systems recently announced its plan to purchase Sourcefire for US$2.
Compuware renews attempt to sell itself - sources
According to sources, Compuware revamped its efforts to sell itself by looking for new buyout firms.
Latest News
Crossroads C&I closed its buy of GlassCell Isofab, a Canadian thermal and acoustical insulation products distributor and fabricator.
Immofinanz announced that they are currently looking into the acquisition of more than 900 homes located in the northern part of Germany.
Minority shareholders of Fisher Communications said that the USD 373 million offer by Sinclair Broadcast Group to buy their television group undervalued its worth.
Cereal distributor Post Holdings Inc. agreed to buy Premier Nutrition Corporation for US$180 million in cash.
Starwood Capital Group clinched the sale of Liberty Center for USD 135 million from Forest City Enterprises and Jos Muscarelle.
The Special Committe of Dell entered a revised merger deal with Silver Lake and Michael Dell. According to an announcement made by the Special Committee of the Board of Dell Incorporated, the company entered a revised definitive merger deal with Silver Lake Partners and Michael Dell.
A source told Reuters that Dell's special committee and CEO Michael Dell's buyout consortium might finally be getting close to a deal.
Grosvenor Capital Management and Credit Suisse agreed on the latter's sale of its Customized Fund Investment Group.
PureCars bought Ronin Solutions and augments its SmartAdvertising Program. Ronin Solutions was bought by PureCars for an undisclosed amount. The latter, which offers products and services to help automotive dealers improve their business, was featured in the June 2013 edition of Digital Dealer.
