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Ingram Micro sells for USD 6 bln to HNA
2016-02-18 10:09:00| Telecompaper Headlines
(Telecompaper) US-based electronics distributor Ingram Micro has agreed to be acquired by China's Tianjin Tianhai for USD 38.90 a share in cash, with the equity value reaching around USD 6 billion. Ingram Micro will become a part of HNA Group, a Hainan-based Fortune Global 500 enterprise group and a leader in aviation, tourism and logistics and the largest stockholder of Tianjin Tianhai. The transaction, which has been unanimously approved by both Ingram Micro's and Tianjin Tianhai's boards of directors and is expected to close in the second half, represents a premium of 39 percent over the average closing share price of Ingram Micro for the 30 trading days to 16 February.
Ashford Prime Responds To Sessa, Says Sessa Attempting To...
2016-02-18 09:19:19| Jewelry - Topix.net
Ashford Hospitality Prime, Inc. issued the following statement in response to a press release issued by Sessa Capital today regarding statements made to the New York Stock Exchange , as well as Sessa's preliminary proxy statement filed with the U.S. Securities and Exchange Commission on February 12, 2016. The Company believes Sessa is attempting to irresponsibly seize control of the Ashford Prime Board in order to force a quick sale of the Company.
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You May Be 3D Printing Sooner Than You Think: Mattel To Offer $300 "ThingMaker"
2016-02-18 07:11:42| Toys - Topix.net
Mattel isn't the first to offer a low-cost 3D printer, but when the toy-making giant is stepping up to put 3D printers on store shelves everywhere, it's a safe bet that we're very near the tipping point for 3D-printers as mainstream hobby accessories. The new ThingMaker appears to be capable of quality prints , and more versatile than you would expect from a product destined for department more shelves.
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Cetec Invests in the Expansion of its Brand to Grow in 2016
2016-02-18 06:00:00| Coatings World Breaking News
Tiffany & Co. (TIF) PT Lowered to $70.00 at Oppenheimer
2016-02-18 05:15:02| Jewelry - Topix.net
Oppenheimer currently has an outperform rating on the stock. Shares of Tiffany & Co.
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