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PMC sticks with all-cash bid from Skyworks

2015-11-16 15:19:00| Telecompaper Headlines

(Telecompaper) Chipmaker Microsemi gave PMC-Sierra three working days to decide whether its reiterated offer was better than a rival bid from Skyworks and now has its answer. PMC's board has unanimously determined, after receiving the advice of financial advisors and legal counsel, that the Microsemi proposal of 9 November is not superior to its existing agreement with Skyworks in light of stock market volatility exacerbated by recent geopolitical events. The board said Skyworks' all-cash proposal provides more value certainty to PMC stockholders than the stock-and-cash offer from Microsemi. Under the agreement, Skyworks will buy 100 percent of PMC for USD 11.60 per share. The PMC board continues to recommended Skyworks' restated merger agreement and recommends against the Microsemi proposal.

Tags: bid sticks pmc skyworks

 

Infosys acquires Noah Consulting for nearly Rs 453 crore in all-cash deal

2015-10-19 10:40:54| Oil & Gas - Topix.net

IT major Infosys has announced the acquisition of a US-based oil and gas consulting firm Noah Consulting for $70 million in an all-cash deal. In a BSE filing, Infosys said it has "entered into a definitive agreement to acquire Noah Consulting LLC, a provider of advanced information management consulting service for the oil and gas industry... The acquisition was an all cash deal, with an aggregate purchase consideration of $70 million".

Tags: deal consulting noah acquires

 
 

Gelsona s Markets bought in $394 million all-cash deal

2013-12-21 09:53:00| Grocery - Topix.net

The parent company of Gelson's Markets, which operates 17 specialty grocery stores in Southern California, announced today that it has entered into a definitive agreement to be acquired by TPG, the global private investment firm, in an all-cash transaction valued at $394 million.

Tags: million deal bought markets

 

PRESS RELEASE: Suburban Office Building Sells in All-Cash Transaction

2013-11-19 20:48:00| National Real Estate Investor

connie g. Sapience Partners Ltd. has sold a 43,428-sf, two-story office building in Tarrant County to a financial services company for its new headquarters. read more

Tags: office press release building

 

Nokia to sell Devices & Services business to Microsoft in EUR 5.44 billion all-cash transaction

2013-09-03 18:34:34| Location-Based Services (LBS) Zone

Tags: services business sell eur

 

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