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Atmel receives hostile offer amid Dialog merger

2015-12-12 04:14:49| Semiconductors - Topix.net

Atmel Corp., which is in talks to merge with Dialog Semiconductor PLC, has received a hostile buyout offer, the company said Friday. Under the terms of the proposal, Atmel stockholders would get $9 a share or, instead of the cash, could opt for as much as $1 billion in the buyer's shares.

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Bridgestone raises offer for U.S. auto parts retailer Pep Boys

2015-12-12 02:52:28| Auto Parts - Topix.net

Dec 11 Japanese tire maker Bridgestone Corp on Friday raised its offer for U.S. auto parts retailer Pep Boys - Manny, Moe & Jack by 50 cents a share to $15.50 per share. The new offer comes after Pep Boys said on Wednesday that it planned to terminate its deal with Bridgestone as its board considered Carl Icahn's offer as a "superior proposal."

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Duct-free Mini Split Systems offer Wi-Fi control options.

2015-12-11 14:31:06| Industrial Newsroom - All News for Today

Offered in both single- and multi-zone versions, YORK® Duct-free Mini Split Systems provide quiet operation and efficiency up to 30 SEER. Units are available in capacities from ¾ to 4 tons with operating temperatures ranging from -22 to 129°F. Wi-Fi, wired, and central control options are available.

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Cell C gets new offer from Blue Label, employees

2015-12-11 09:10:00| Telecompaper Headlines

(Telecompaper) South Africa's Blue Label Telecoms announced it has put in an offer to buy a 35 percent stake in Cell C for ZAR 4 billion. The offer is part of a proposed recapitalisation of Cell C, which Blue Label said it plans to participate in with other investors. After the deal is implemented, Cell C's debt is to be reduced to a maximum of ZAR 8 billion. The news follows the withdrawal of Telkom as a bidder to acquire all of Cell C, after it was unable to reach an agreement on price with Cell C's main shareholder, Oger Telecom. A meeting of the board of directors of Cell C is being convened to consider the new offer. Management on behalf of the employees of Cell C has also submitted a binding offer to co-invest in the company with Cell C's current shareholder 3C Telecommunications Proprietary (3C Telecom) and Blue Label. If successful, the restructuring will result in 3C Telecommunications holding 35 percent, management and staff 30 percent and Blue Label 35 percent of the ordinary shares in Cell C. 

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CalAmp makes $113 million offer to acquire LoJack

2015-12-10 21:29:25| Telecom - Topix.net

Oxnard-based CalAmp made a $113 million offer Dec. 10 to acquire LoJack , the maker of theft recovery systems for cars, trucks and construction equipment. The offer of $5.50 a share is a 58 percent premium to LoJack's closing price on Dec. 9 and a 24 percent premium to LoJack's 52-week high.

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