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Shareholders approve ISSI acquisition by Chinese consortium

2015-06-30 01:30:54| Semiconductors - Topix.net

The sale of Silicon Valley semiconductor maker Integrated Silicon Solution Inc. to a Chinese investment consortium for about $765 million was approved Monday by ISSI's shareholders. The action ends a two-month battle over the company that began when Cypress Semiconductor, another valley chip company, complained that it had been excluded from the sale process and began bidding against the Chinese consortium, Uphill Investment.

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Refinery Workers Approve 6-year Labor Pact

2015-06-27 16:48:53| Energy - Topix.net

Union workers at Exxon Mobil Corp's Beaumont, Texas, refinery agreed to an unusually long six-year contract on Thursday night, which sources say the company pushed to assure no work stoppages during a contemplated multibillion-dollar expansion. Members of United Steelworkers union Local 13-243 voted by secret ballot on the contract offer, which is two years longer than the national agreement reached by the USW and U.S. refinery owners in March.

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Refinery Workers Approve 6-year Labor Pact

2015-06-27 15:58:16| Oil & Gas - Topix.net

Union workers at Exxon Mobil Corp's Beaumont, Texas, refinery agreed to an unusually long six-year contract on Thursday night, which sources say the company pushed to assure no work stoppages during a contemplated multibillion-dollar expansion. Members of United Steelworkers union Local 13-243 voted by secret ballot on the contract offer, which is two years longer than the national agreement reached by the USW and U.S. refinery owners in March.

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Vietnamese lawmakers approve construction of Long Thanh International Airport

2015-06-26 01:00:00| Airport Technology

The Vietnamese Government has approved the construction of the $15.8bn Long Thanh International Airport outside Ho Chi Minh City.

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RockTenn Shareholders and MWV Stockholders Approve Combination

2015-06-25 20:17:50| Paper - Topix.net

June 25, 2015 - Rock-Tenn and MeadWestvaco late yesterday announced that shareholders of RockTenn and stockholders of MWV overwhelmingly approved the proposed combination of the two packaging companies into WestRock Company at their respective special meetings held earlier that day. At the RockTenn special meeting, more than 97% of the shares voted "FOR" the proposal to approve the business combination agreement, representing approximately 80% of the total shares outstanding as of the record date.

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