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Ashford Prime to Acquire The Ritz-Carlton St. Thomas for $64M
2015-11-25 19:27:31| Jewelry - Topix.net
Ashford Hospitality Prime, Inc. has entered into a definitive agreement to acquire the 180-room Ritz-Carlton St. Thomas for $64 million from Marriott International, Inc. The acquisition is expected to close in approximately 30 days, subject to customary closing conditions. The company intends to finance the property with approximately $40 million of non-recourse mortgage debt.
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TeleCommunication Systems to Acquire Comtech for $431 Million
2015-11-24 22:40:05| Telecom - Topix.net
Comtech Telecom and TeleCommunication Systems jointly announced Monday that Comtech has agreed to acquire TeleCommunication in a cash deal for $5 per share. The price represents a 13.9% premium to Comtech's closing price of $4.39 on Nov. 20. Shares of TeleCommunication jumped nearly 13% Monday morning to $4.94, assigning Comtech a $302.7 million market capitalization.
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Microsemi Corporation Announces That its Revised Proposal to Acquire PMC-Sierra, Inc. Has Been Deemed a "Superior Proposal" by PMC-Sierra Board of Directors
2015-11-24 11:31:07| Industrial Newsroom - All News for Today
ALISO VIEJO, Calif. - Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, announced that it was informed last night that its revised proposal to acquire PMC-Sierra, Inc. (Nasdaq: PMCS) in a cash and stock transaction...
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ON Semiconductor to Acquire Fairchild Semiconductor for $2.4 Billion in Cash
2015-11-24 11:31:07| Industrial Newsroom - All News for Today
Acquisition to create a global leader in the power semiconductor market Key Transaction Highlights: Creates a leader in the power semiconductor market with a broad and deep product portfolio Highly complementary product lines offering the full spectrum of high, medium and low voltage products Strengthens...
Comtech to acquire TCS for USD 430.8 mln in cash
2015-11-23 21:02:00| Telecompaper Headlines
(Telecompaper) Comtech has agreed to acquire TeleCommunication Systems (TCS) for USD 5.00 per share in cash, or a total of USD 430.8 million. The price represents a premium of 13.9 percent compared to the last closing trading price of TCS shares and 35.1 percent over the last closing trading price one day after TCS's announcement in July that it had formed a special committee to explore strategic alternatives to enhance stockholder value. The deal was unanimously approved by the board of directors of both companies.
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