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Analog Devices to pay $2.5 billion for Hittite Microwave
2014-06-09 17:00:43| Semiconductors - Topix.net
Shares of Chelmsford-based integrated circuit company Hittite Microwave soared 29 percent Monday after Norwood-based electronic devices company Analog Devices Inc. announced Monday it will acquire Hittite for approximately $2.5 billion in cash.
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Merck to buy Idenix Pharma for $3.85 billion
2014-06-09 15:33:35| Biotech - Topix.net
Merck & Co. says the Cambridge, Massachusetts, company has built a promising portfolio of hepatitis C treatments, including three in clinical testing Merck will spend $24.50 per share in cash for each share, which closed at $7.23 Friday.
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McClendon firm to buy leases in Permian basin for $2.5 billion
2014-06-09 15:00:28| Oil & Gas - Topix.net
Aubrey McClendon's American Energy Partners LLP said an affiliate would acquire about 63,000 net acres of production leases in Texas's Permian Basin from Enduring Resources LLC for $2.5 billion.
McClendon firm to buy leases in Permian basin for $2.5 billion
2014-06-09 14:42:35| Energy - Topix.net
Aubrey McClendon's American Energy Partners LLP said an affiliate would acquire about 63,000 net acres of production leases in Texas's Permian Basin from Enduring Resources LLC for $2.5 billion.
Element to Buy PHH Arval for $1.4 Billion
2014-06-08 19:42:03| AutomotiveDigest.com - Automotive Industry News
Toronto-based equipment finance company Element Financial Corporation has entered into a definitive agreement to acquire the assets and operations of PHH Arval for approximately $1.4 billion. This transformative acquisition achieves all of the strategic and financial objectives that we established when we set out to expand our domestic fleet management business into the U.S. market, said Steven K. Hudson, Elements Chairman and Chief Executive Officer. It provides us with a fully integrated North American fleet management offering that complements our other three business verticals at the same time that it is accretive to our shareholders and immediately improves our capital efficiency, added Mr. Hudson. READ MORE The Article Element to Buy PHH Arval for $1.4 Billion appeared first on Automotive Digest.
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