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Tag: allstock
Terex combining with Finland's Konecranes in all-stock deal
2015-08-11 18:16:32| Industrial Machines - Topix.net
Crane maker Terex is merging with Finnish rival Konecranes in an all-stock deal that creates a company with a combined $10 billion in 2014 revenue. The YGS Group provides digital and printed reprint services for Daily Herald.
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Cypress and Spansion Complete $5 Billion All-Stock Merger
2015-03-18 11:31:10| Industrial Newsroom - All News for Today
Creates $2 Billion Global Leader in MCUs and Specialized Memories for Embedded Systems No. 1 in SRAMs, No. 1 in NOR flash and No. 3 in MCUs and Memories for the Automotive Market SAN JOSE, Calif. Cypress Semiconductor Corp. (NASDAQ: CY) and Spansion, Inc. (NYSE: CODE) today announced that they have closed the...
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Telecom Italia eyes all-stock offer for Oi
2014-12-19 01:00:00| Total Telecom industry news
Italian incumbent reportedly seeking assurances that Brazilian authorities would not block a merger.
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italia
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Cypress, Spansion agree all-stock merger
2014-12-02 09:03:00| Telecompaper Headlines
(Telecompaper) Cypress Semiconductor and Spansion announced a definitive agreement to merge in an all-stock transaction valued at USD 4 billion. The post-merger company will generate more than USD 2 billion in revenue annually and create a leading global provider of microcontrollers and specialized memories for embedded systems. Under the terms of the agreement, Spansion shareholders will receive 2.457 Cypress shares for each Spansion share they own. The shareholders of each company will own approximately 50 percent of the post-merger company. The company will have an eight-person board of directors consisting of four Cypress directors, including T.J. Rodgers and Eric Benhamou, and four Spansion directors, including John Kispert and Ray Bingham, the Spansion chairman, who will serve as the non-executive chairman of the combined company. The group will be headquartered in California and called Cypress Semiconductor. The merger is expected to result in more than USD 135 million in cost synergies on an annualized basis within three years and to add to non-GAAP earnings within the first full year after closing. The combined company will continue to pay USD 0.11 per share in quarterly dividends to shareholders. Closing is subject to approval by Cypress and Spansion stockholders and review by regulators in the US, Germany and China. Cypress and Spansion expect the deal to close in the first half of 2015.
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Omega Healthcare to buy out rival Aviv in all-stock deal valued at $3 billion
2014-10-31 13:34:55| Real Estate - Topix.net
Omega Healthcare will buy rival real estate investment trust Aviv in a $3 billion all-stock deal combining two companies that each run hundreds of nursing homes. Aviv shareholders will receive a portion of Omega stock valued at $34.97 for each Aviv share in a deal designed to be tax-free to shareholders, the companies said Friday.
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