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Worthington Industries makes acquisition

2015-01-14 18:21:43| Industrial Machines - Topix.net

Worthington Industries agreed today to buy a New York steel manufacturer. Rome Strip Steel Co., which makes cold-rolled steel for mostly automotive customers, will become Worthington's third cold-rolled steel manufacturing facility.

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ELFA Announcement details 10 equipment acquisition trends of 2015.

2015-01-14 14:31:10| Industrial Newsroom - All News for Today

To assist businesses in planning acquisition strategies, ELFA revealed its Top 10 Equipment Acquisition Trends for 2015 based on, according to ELFA President and CEO William G. Sutton, recent research data distilled from 2015 Equipment Leasing & Finance U.S. Economic Outlook Report, industry participants’ expertise, and member input from ELFA meetings and conferences. Businesses are expected to find opportunities presented by steadily improving economy and favorable credit conditions.

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Covance shareholders to vote next month on $6.1B acquisition by LabCorp

2015-01-14 05:28:52| Biotech - Topix.net

Shareholders of New Jersey-based clinical trial research firm Covance will vote Feb. 18 on whether the company should be acquired by Laboratory Corp. of America in a $6.1 billion deal announced last year . The purchase of the company by Burlington-based LabCorp will create a much broader health care company that will be one of the biggest in the world focusing on medical testing and clinical trial research.

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REFILE-UPDATE 1-Cognizant sued by Syntel unit following TriZetto acquisition

2015-01-13 23:14:16| IT Services - Topix.net

Cognizant Technology Solutions Corp and the healthcare IT services provider it recently acquired have been sued by a unit of competitor Syntel Inc for allegedly interfering with a contract and misappropriating confidential information. In a lawsuit filed on Monday in U.S. District Court in Manhattan, Syntel Sterling Best Shores Mauritius Limited sought $3.4 million from the IT provider, TriZetto, and $6.1 billion in punitive damages based on Cognizant's net worth.

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Enlink Midstream makes $100 million Permian Basin acquisition

2015-01-13 18:05:22| Oil & Gas - Topix.net

Dallas-based Enlink announced the acquisition of LPC Crude Oil Marketing, which includes refinery injection stations, a fleet of trucks, 67 miles of crude oil pipeline and crude oil purchase agreements. The transaction helps make Enlink a complete midstream solution in the Permian Basin in west Texas and southeastern New Mexico, officials said.

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