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At Los Angelesa American Apparel, Dov Charney out, buyout offer in

2014-12-22 21:39:43| Apparel - Topix.net

Los Angeles-based American Apparel, which just replaced founder and chief executive Dov Charney, announced today that it received a buyout offer for $1.30 to $1.40 per share. An offer of $1.40 per share is roughly 30 percent higher than Friday's closing price.

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Wide-Input DC/DC Power Modules offer broad applicability.

2014-12-22 14:31:00| Industrial Newsroom - All News for Today

Targeting applications in telecom and industrial markets, eight-brick PKB5000W series comprises 2.3 x 0.9 x 0.39 in., open-frame, single-output power modules that provide 2,250 Vdc I/O isolation and deliver 91.5% typ efficiency. Input range is 18–75 Vdc; nominal outputs are 3.3, 5, or 12 Vdc with max outputs up to 30 A and 120 W; and typ efficiency is 91.5% at 12 V full load. Along with multiple protection features, remote sense capability and remote control function are standard.

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High-oleic soybeans offer a profit

2014-12-22 01:16:00| Corn & Soybean Digest

New soybean oil pays financial and nutritional dividends. John Motter, Jenera, Ohio, pays himself $100 per hour from the premiums he earns for growing high-oleic soybeans. Not bad, says the four-year veteran of growing Pioneer Plenish and Asgrow Vistive Gold soybeans. Motter asked to be a high-oleic soybean grower when food trans-fat labeling first appeared, converting all of his soybean acres to high-oleic varieties after two years. read more

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Merck begins offer for Cubist shares in $8.4 billion deal

2014-12-20 11:42:26| Biotech - Topix.net

The drugmaker Merck is launching its previously-disclosed $8.4 billion offer to buy Cubist Pharmaceuticals shares in a deal that aims to strengthen its ability to treat serious infections, an issue drawing growing concern globally. Merck said earlier this month that it will pay $102 in cash for each share of Cubist, which represented a 37 percent premium to the stock's closing price before the deal was announced.

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United Technologies Recommends Shareholders Reject TRC Capital "Mini-Tender" Offer

2014-12-20 03:03:25| Paper - Topix.net

United Technologies Corp. received notice of an unsolicited mini-tender offer by TRC Capital Corporation to purchase up to 1 million shares, or about 0.11 percent, of UTC's outstanding common stock at a price of $108.85 per share in cash. As TRC Capital's own offer document acknowledges, the offering price is approximately 4.55 percent below the closing price per share of UTC on Dec. 11, 2014, the last trading day before the mini-tender offer was commenced.

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