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Amazon.com, USPS agree to Sunday delivery deal

2013-11-12 09:50:01| IT Services - Topix.net

AP FILE/2010 Leacroft Green places a package to the correct shipping area at an Amazon.com fulfillment center, in Goodyear, Ariz.

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Mitel, Aastra Technologies agree merger

2013-11-11 12:38:00| Telecompaper Headlines

(Telecompaper) Enterprise communications specialists Mitel Networks and Aastra Technologies have agreed to merge. Mitel will acquire Aastra for USD 6.52 cash plus 3.6 Mitel shares for each Aastra share, valuing Aastra at CAD 392 million. The price of CAD 31.96 per Aastra share is a 20.9 percent premium to the 30-day volume weighted average price of Aastra shares prior to the announcement. The deal creates a company with increased scale, strengthening Mitel's position in the European market and preparing the two companies for the shift to cloud services. The combined company will be headquartered in Ottawa, Canada and will operate under the name Mitel while continuing to leverage Aastra's brand in select European markets. Mitel CEO Richard McBee will lead the group. Aastra' s co-CEOs Francis Shen and Tony Shen will serve as respectively Chief Strategy Officer and Chief Operating Officer, and they have already committed their combined 14 percent stake in the company to the takeover bid. Aastra will have the right to appoint three members of the nine-member board. The new company has pro forma sales of USD 1.1 billion per year, and the group expects synergies of USD 45 million per year within two years, driven by supply chain optimization, facilities consolidation and economies of scale.

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Danisco Animal Nutrition, FDA Agree over Cost-effective Phytase Dose

2013-11-08 01:00:00| ThePigSite - Industry News

US - Following the launch of its patented bacterial phytase, Axtra® PHY, to the poultry sector earlier this year, DuPont subsidiary Danisco Animal Nutrition has achieved FDA agreement for a highly cost-effective lower Axtra® PHY dose level for swine (250FTU per kg feed).

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Alberta and BC agree on pipeline framework

2013-11-06 01:00:00| Hydrocarbons Technology

Alberta and British Columbia (BC) have reached a framework agreement to clear the path for new oil pipeline developments to connect oil sands in Canada to the Pacific coast.

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Will Time Warner Cable Agree to a Merger with Charter?

2013-11-03 18:15:01| Telecom - Topix.net

As Time Warner Cable Inc. and Charter Communications Inc. explore a potential merger, an exclusive report from Reuters suggests that Charter is pushing hard to structure a deal that would lure the number two cable operator's shareholders.

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