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Fossil Group, Inc. Completes Acquisition of Misfit

2015-12-29 23:16:39| Jewelry - Topix.net

Fossil Group, Inc. announced that it has completed, effective December 22, 2015, the previously announced acquisition of Misfit, Inc. for $236.0 million, which included an estimated working capital reduction adjustment of approximately $7.0 million, and does not include approximately $7.0 million of payments with respect to unvested equity awards. The purchase price is subject to a further post-closing working capital true up.

Tags: group acquisition fossil completes

 

Aclara Completes Acquisition of GE Grid Solutions' Electricity Meters Business

2015-12-29 11:31:06| Industrial Newsroom - All News for Today

Expanded Organization Will Accelerate Development and Delivery of Advanced Smart Infrastructure Solutions ST. LOUIS  Aclara Technologies LLC ("Aclara"), a world-class supplier of smart infrastructure technologies to electric, water and gas utilities globally, announced today that the acquisition of the electricity...

Tags: business solutions acquisition grid

 
 

Redzone Wireless completes 2015 broadband network deployment

2015-12-29 03:36:44| Wireless - Topix.net

Redzone Wireless, LLC, a Maine-based wireless Internet service provider, has reached its publicly stated goal to provide high-speed Internet access to 25 percent of Maine households through its 4G LTE Advanced wireless broadband network with the activation of coverage in two new Maine communities - Ellsworth and Cape Elizabeth. The expanded high speed Internet service in the communities of Cape Elizabeth and Ellsworth complements Redzone's coverage in Westbrook, Bath, Camden, Rockland, Manchester, Augusta, Portland, Waterville, Auburn and Casco Bay.

Tags: network wireless broadband deployment

 

PPG Completes First 11 Colorful Communities Projects in 2015

2015-12-24 06:00:00| Coatings World Breaking News

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Ashford Prime Completes Acquisition of The Ritz-Carlton St. Thomas

2015-12-21 19:56:49| Jewelry - Topix.net

Ashford Hospitality Prime, Inc. completed the previously announced acquisition of the 180-room Ritz-Carlton St. Thomas for $64 million from Marriott International, Inc. Concurrent with the completion of the acquisition, the company has financed the hotel with a $42-million non-recourse mortgage loan. This loan is interest only and provides for a floating interest rate of LIBOR + 4.95% with a two-year term with three one-year extension options subject to the satisfaction of certain conditions.

Tags: thomas prime acquisition completes

 

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