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Rango Enters Deal To Acquire Innex Energy

2013-12-03 14:45:00| OGI

The transaction covers 50,000 acres of San Joaquin Valley, Northern California's Sacramento Basin and Oklahoma oil and gas leases.

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Designer Cynthia Rowley Enters the Beauty Business

2013-12-03 06:00:00| Happi Breaking News

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Akamai enters agreement to acquire Prolexic

2013-12-02 15:12:00| Telecompaper Headlines

(Telecompaper) Akamai Technologies and Prolexic Technologies have announced the two companies have signed a definitive agreement for Akamai to acquire Prolexic, provider of cloud-based security services. With this acquisition, Akamai plans to offer customers a portfolio of security services that defends an enterprise's web and IP infrastructure against application-layer, network-layer and data centre attacks delivered via the internet. Under the terms of the agreement, Akamai will acquire all of the outstanding equity of Prolexic in exchange for a net cash payment of approximately USD 370 million, after expected purchase price adjustments, plus the assumption of outstanding invested options to purchase Prolexic stock. The closing of the transaction, subject to customary closing conditions, including regulatory approvals, is expected to occur in the first half of 2014. The Prolexic acquisition does not affect Akamai's Q4 guidance but is expected to be slightly dilutive to Akamai's non-GAAP net income per share in the first year post closure in the range of USD 0.06-0.08. Once the acquisition closes, the company will include Prolexic in its guidance going forward.

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Little Boxes enters third year of imploring Portlanders to shop locally

2013-11-26 17:19:56| PortlandOnline

Andy Giegerich in the Sustainable Business Oregon, November 25, 2013

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PRESS RELEASE: Major Chinese Investor Enters the Entertainment Capital of the World

2013-11-26 16:52:00| National Real Estate Investor

Megan Dolan Jones Lang LaSalle's hotels and hospitality group announced the entry of Sichuan Xinglida Group Enterprises Co. Ltd., through its U.S. subsidiary XLD Group, LLC into the Los Angeles market with the purchase of the Torrance Marriott South Bay hotel. read more

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