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Mon, 12 May 2008 12:43:00 GMT

ePlus to Expand Bay Area Presence With Acquisition of Network Architects

HERNDON, VA, May 12 / MARKET WIRE/ -- ePlus inc. (PINKSHEETS: PLUS) today announced the acquisition of Network Architects, Inc., a Cisco-focused solution provider and consulting firm. The acquisition strengthens ePlus' existing footprint in the San
Mon, 12 May 2008 12:43:00 GMT

Merge Healthcare Announces First Quarter 2008 Financial Results

Merge Healthcare Incorporated (NASDAQ:MRGE); (TSX:MRG), today announced financial results for the first quarter ended March 31, 2008. In addition, the Company announced that it has filed its quarterly report on Form 10-Q with the Securities and Exchange
Mon, 12 May 2008 12:41:00 GMT

Cablevision pays $650 million to buy Long Island - based newsaper Newsday

NEW YORK (AP) - Cablevision Systems Corp. says it is buying the Long Island-based newspaper Newsday from Tribune Co. for $650 million. Cablevision beat out media mogul Rupert Murdoch, CEO of News Corp., who withdrew his own $580 million bid on Saturday.
Mon, 12 May 2008 12:41:00 GMT

Axcelis board comes under fire for takeover rejection

Shareholder backlash against Axcelis Technologies Inc. over its refusal to negotiate an acquisition by a Japanese firm may be pushing the company to rethink its stance. Shareholders in the lagging Beverly semiconductor equipment manufacturer (Nasdaq:
Mon, 12 May 2008 12:41:00 GMT

Cablevision Systems to buy 97% of Newsday Media Group

NEW YORK (Thomson Financial) - Cablevision Systems Corp. Monday said it would buy 97% of Newsday Media Group in a deal with a total value of $650 million. The deal is being made through a partnership with Tribune Co., which will have 3% equity in Newsday
Mon, 12 May 2008 12:39:00 GMT

Regency Energy swings to 1st - quarter profit on acquisitions, higher gas sales

DALLAS (AP) - Regency Energy Partners LP swung to a first-quarter profit as higher gas sales and the inclusion of acquired properties drove revenue higher. The Dallas company reported profit of $10.3 million after posting a loss of $1.3 million in the
Mon, 12 May 2008 12:39:00 GMT

Westpac seeks merger with St George

WESTPAC Banking Corporation is in talks with St George Bank about a takeover that would create Australia's biggest bank with 10 million customers, 1200 branches and over $100 billion in retirement savings. But the merger could put thousands of jobs at
Mon, 12 May 2008 12:39:00 GMT

Exec 'runs the rule' over Aussie bank takeover

Westpac is planning a takeover of fellow Australian bank St George, Bloomberg reports. Gail Kelly, the new chief executive at the nation's fourth-largest bank, made an unsolicited all-stock offer totalling A$15 billion. The takeover offer was made by the
Mon, 12 May 2008 12:38:00 GMT

Cue the takeover music

Randy Eresman just put the needs of EnCana Corp. shareholders ahead of what's best for the management team at Canada's biggest energy company. After years of defending the fact that EnCana straddled two very different worlds with its mix of oil sands and
Mon, 12 May 2008 12:33:00 GMT

Mechel Announces Acquisition of New Coal Processing Equipment at Its Yakutugol OAO Subsidiary

NERYUNGRI, Russia, May 12 /PRNewswire-FirstCall/ -- Mechel OAO , one of the leading Russian mining and metals companies, announces that its Yakutugol OAO coal mining subsidiary has acquired new equipment for its Neryungri Coal Processing Plant in line
Mon, 12 May 2008 12:29:00 GMT

Bharti Airtel Would Need MTN Shareholder OK To Buy 51% Stake

JOHANNESBURG -(Dow Jones)- Bharti Airtel Ltd. (532454.BY) would need the approval of a majority of MTN Group Ltd.'s (MTN.JO) shareholders to acquire a controlling stake in the South African mobile phone operator, and could find offering paper in a
Mon, 12 May 2008 12:24:00 GMT

E-System Corporation to Merge with Subsidiary

Extract not available.
Mon, 12 May 2008 12:23:00 GMT

Debt-ridden Bowa Bank to merge with DBS Bank: FSC

(CNA) Taipei, May 12 (CNA) The debt-ridden Bowa Bank will formally merge with a Taiwan branch of Singapore-based Development Bank of Singapore (DBS) Group Holdings Ltd. May 24, according to the Financial Supervisory Commission (FSC). The merger will
Mon, 12 May 2008 12:23:00 GMT

Core-Mark Holding to buy Auburn Merchandise Distributors

Wholesale consumer products distributor Core-Mark Holding Co. Inc. said Friday it has signed an agreement to buy Auburn Merchandise Distributors Inc. for $28 million. The assets being purchased include mostly accounts receivable, inventory and fixed
Mon, 12 May 2008 12:16:00 GMT

Metallica Resources to merge with New Gold, Peak Gold

Extract not available.
Mon, 12 May 2008 12:12:00 GMT

El Al Israeli Airline to buy 4 Boeing 777 airplanes

SEATTLE (AP) - Boeing Co. said Monday that El Al Israel Airlines ordered four 777-200ER jets, aircraft that carry a combined list price of $850 million. The airline has options for two more 777s and holds conversion rights for the 777-300ER, a larger
Mon, 12 May 2008 12:07:00 GMT

COMSYS IT Partners, Inc. Finalizes Accounting Treatment for Consideration to Be Paid on 2007 Acquisition

HOUSTON - (Business Wire) COMSYS IT Partners, Inc. (NASDAQ:CITP), a leading provider of information technology staffing and consulting services, today announced that the Company has finalized its accounting treatment for the previously disclosed $3.4
Mon, 12 May 2008 12:05:00 GMT

Complete Energy to Merge with GSC Acquisition in $1.3 Billion Transaction

HOUSTON & NEW YORK - (Business Wire) Complete Energy Holdings, LLC (Complete Energy or the Company) and GSC Acquisition Company (GSCAC) (AMEX: GGA) announced today that they have signed a definitive agreement to merge GSCAC with Complete Energy, an
Mon, 12 May 2008 12:04:00 GMT

Piper Jaffray Upgrades Zoran Corporation (ZRAN) to Buy

Extract not available.
Mon, 12 May 2008 12:03:00 GMT

Westpac approaches Australian banking rival St. George with possible $14B takeover bid

SYDNEY, Australia (AP) - Westpac Banking Corp. said Monday it has approached rival St. George Bank Ltd. with a $14 billion takeover offer that could lead to the biggest shakeup of Australia's banking sector in years. The all-stock deal would create
Mon, 12 May 2008 12:01:00 GMT

GSC Acquisition to buy Complete Energy in $1.3 billion deal

LONDON (MarketWatch) -- Complete Energy, the owner and operator of two natural gas-fired combined cycle power generation facilities, is going public through a deal to merge with special purpose acquisition company GSC Acquisition Company (GGA: , , ) .
Mon, 12 May 2008 12:01:00 GMT

Merge Healthcare Announces First Quarter 2008 Financial Results

MILWAUKEE--(BUSINESS WIRE)--Merge Healthcare Incorporated (NASDAQ:MRGE - News); (TSX:MRG - News), today announced financial results for the first quarter ended March 31, 2008. In addition, the Company announced that it has filed its quarterly report on
Mon, 12 May 2008 11:59:00 GMT

El Al Israeli Airline to buy 4 Boeing 777 airplanes

SEATTLE (AP) -- Boeing Co. said Monday that El Al Israel Airlines ordered four 777-200ER jets, aircraft that carry a combined list price of $850 million.The airline has options for two more 777s and holds conversion rights for the 777-300ER, a larger
Mon, 12 May 2008 11:58:00 GMT

Paracon to buy recruitment firm

Extract not available.
Mon, 12 May 2008 11:54:00 GMT

Westpac in takeover talks with St George

Westpac Banking Corp Ltd, Australiaâ??s fourth-biggest bank, said it was in takeover talks with St George Bank Ltd, valued at US$14 billion, to create the countryâ??s largest bank by market capitalisation. In a surprise announcement, Westpac
Mon, 12 May 2008 11:54:00 GMT

The poor cut budget to buy food

Poor households in urban areas are slashing their food budget to cope with the escalating cost of living, Centre for Social Concern (CFSC) has said. The cost of basic needs in Blantyre and Mzuzu is pegged at about K35,000, in Lilongwe it is at K36,000
Mon, 12 May 2008 11:52:00 GMT

NBCU linked to All3Media takeover bid

US studio NBC Universal has approached UK-based global production house All3Media, parent company of producers including Lion Television and Lime Pictures, about a possible takeover. According to a report in the UK's Telegraph newspaper, NBCU has asked
Mon, 12 May 2008 11:52:00 GMT

Complete Energy to Merge with GSC Acquisition in $1.3 Billion Transaction

HOUSTON & NEW YORK--(BUSINESS WIRE)--Complete Energy Holdings, LLC (?Complete Energy? or the ?Company?) and GSC Acquisition Company (?GSCAC?) (AMEX: GGA - News) announced today that they have signed a definitive agreement to merge GSCAC
Mon, 12 May 2008 11:48:00 GMT

OSI Systems Unit Gets Order Valued at About $4.7 Mln - Early Pre-Bell Bid/Ask Gap Wide

(MidnightTrader via COMTEX News Network) -- OSI Systems (OSIS) announced that its Optoelectronics and Manufacturing division has received further follow-on orders from ITT Corporation for approximately $4.7 million. Price: 23.56, Change: 0, Percent
Mon, 12 May 2008 11:47:00 GMT

First Charter gets ready for big shift with merger: Change to Fifth Third includes branch signs and tech conversion

All signs of First Charter Corp. are about to disappear. Quickly. The integration of the Charlotte-based bank into Fifth Third Bancorp. is hitting high gear over the next couple of weeks after regulators recently approved the deal that was announced in
Mon, 12 May 2008 11:47:00 GMT

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