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Davis-Standard Suzhou Welcomes Industry to Medical Tubing Open House
2015-05-26 12:31:08| Industrial Newsroom - All News for Today
Pawcatuck, Conn. An open house at Davis-Standard (Suzhou) Plastic Packaging Machinery Co., Ltds lab facility in Suzhou on April 15 welcomed nearly 60 industry leaders from different companies throughout China. This event was the first of many planned at this location. The days agenda included presentations on...
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Charter agrees Time Warner Cable, Bright House takeovers
2015-05-26 12:05:00| Telecompaper Headlines
(Telecompaper) Charter Communications confirmed an agreement to acquire Time Warner Cable for USD 78.7 billion including debt. The cash-and-shares deal values TWC at USD 195.71 per share, based on Charter's latest share price, or USD 200 based on the average share price in the past 60 days. Charter also announced that it reached an agreement with Advance/Newhouse on acquiring Bright House Networks for USD 2 billion cash plus a minority stake in the merged operator. Assuming both deals are completed, Advance/Newhouse will own 13-14 percent of 'New Charter', TWC shareholders will have 40-41 percent and Liberty Broadband will hold 19-20 percent. The exact ratios will depend on how many TWC shareholders opt for cash or shares under the Charter offer. Liberty Broadband, controlled by cable mogul John Malone and currently Charter's largest shareholder, has agreed to buy USD 4.3 billion of new shares in Charter after the closing of the TWC takeover. It also earlier agreed to buy USD 700 million in Charter as part of the Bright House deal, in order to avoid dilution of its stake in Charter. The combination of Charter, Time Warner Cable and Bright House will create the US's second-largest cable operator, serving 23.9 million customers in 41 states.
Two-Month Highway-Transit Bill Heads to White House
2015-05-25 20:40:00| ENR.com: Headline News
Senate passage is final congressional action on brief stopgap.
TPA passes the Senate - On to the House
2015-05-25 12:27:00| National Hog Farmer
By P. Scott Shearer, Bockorny Group, Washington, D.C. After a week of ups and downs, delays, procedural votes, and numerous amendments, the Senate passed trade promotion authority (TPA) by a vote of 62-37. Fourteen Democrats joined Republicans in giving President Barack Obama a key victory for his trade agenda and an administration priority. Senator Mitch McConnell (R-KY), Majority Leader of the Senate, made TPA a priority for the Senate and had pledged it would be completed by Memorial Day. read more
NPPC urges House to act after Senate approves TPA
2015-05-23 14:44:00| National Hog Farmer
Source: National Pork Producers Council The National Pork Producers Council is urging the House to move quickly to approve Trade Promotion Authority legislation after the Senate tonight passed it. read more
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