Realty Income Corporation (Realty Income), the Monthly Dividend Company, (NYSE: O), announced that it has signed a definitive purchase agreement to acquire approximately $269 million of winery and vineyard properties under long-term, triple-net lease agreements. Tags: Agreement, Realty Income Related posts Emulex to Acquire ServerEngines (0) NexCen Brands Announces Agreement to Sell Franchise Business to [...]
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Realty Income to Acquire $269 Million of Diageo Chateau & Estate Wines Properties in Sale-Leaseback Transaction
Emulex to Acquire ServerEngines
Emulex Corporation (NYSE:ELX) announced that it has signed a definitive agreement to acquire ServerEngines Corporation, a privately held, fabless semiconductor company founded in 2004 and headquartered in Sunnyvale, California. ServerEngines has two primary product families focused on the server and storage market: Tags: Agreement, Emulex Corporation Related posts Realty Income to Acquire $269 Million of [...]
NexCen Brands Announces Agreement to Sell Franchise Business to Levine Leichtman Capital Partners
NexCen Brands, Inc. (PINK SHEETS: NEXC) announced that it has entered into an agreement to sell its franchise business to an affiliate of Levine Leichtman Capital Partners (“LLCP”), an independent investment firm with significant franchise management experience. The purchase price for the business is $112.5 million and is subject to a customary closing working capital [...]
Xerox Closes on $2 Billion of Senior Unsecured Notes
Xerox Corporation (NYSE: XRX) closed today on a $2 billion offering of senior unsecured notes. Of these notes, $1 billion will mature in February 2015 and bear interest at a fixed rate coupon of 4.25 percent; $650 million will mature in December 2019 at 5.625 percent; and $350 million will mature in December 2039 at [...]
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RAM Holdings Ltd. Announces Second Quarter 2009 Net Loss Available to Common Shareholders of $4.6 Million
RAM Holdings Ltd. (BSX:RAMR) (Pink Sheets:RAMR) (“RAM” or the “Company”) reported second quarter 2009 net loss available to common shareholders of $4.6 million, or net loss of $0.17 per diluted share. This compares to a net income of $126.3 million, or net income of $4.63 per diluted share, for the second quarter 2008. Tags: Ambac, [...]
Phosphate Holdings, Inc. Reports Second Quarter 2009 Financial Results and Announces New Phosphate Rock Supply Agreement
Phosphate Holdings, Inc. (OTC: PHOS), reported second quarter 2009 earnings of $0.1 million, or $0.01 per diluted share of common stock, compared to earnings of $35.0 million, or $4.32 per diluted share of common stock for the same period in 2008. Net losses for the six months ended June 30, 2009 were $11.5 million or [...]
Elron Electronic Industries Announces Second Quarter 2009 Results and Signing of a Definitive Agreement for the Sale of Its Holding in Netvision
* Decrease in Net Loss Attributable to Shareholders in the Second Quarter of 2009 to $4.1 Million, Compared with $16.8 Million in Second Quarter of 2008 and $9.8 Million in First Quarter of 2009 * Decrease of Approximately 58% in Elron’s Non-Consolidated G&A Costs in the Second Quarter of 2009 Compared with the Second Quarter [...]
First Business Bank and 1st Pacific Bank of California Agree to Merger
First Business Bank (OTCBB: FBBN) and 1st Pacific Bancorp (NASDAQ: FPBN) announced that they have signed a definitive merger agreement under which 1st Pacific Bank of California, 1st Pacific Bancorp’s banking subsidiary, will merge with First Business Bank. Tags: Bank, Business, First, share Related posts Coca-Cola Bottling Co. Consolidated Reports Second Quarter and First Half [...]
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OpenGate Capital Completes Third Media Industry Transaction with Acquisition of Groupe Le Monde’s Youth Publications Divisions Fleurus Presse and Junior Hebdo
OpenGate Capital, a global private equity firm, announced a definitive agreement to acquire Fleurus Presse and Junior Hebdo, the youth publications divisions of leading French media company Groupe Le Monde. This is the third industry transaction that the firm has completed since it established a specific initiative for pursuing media and entertainment deals less than [...]
Micron Technology Reaches Agreement with Riverwood Capital and TPG Capital to Sell Aptina Imaging Corporation
Micron Technology, Inc. (NYSE: MU) announced that it has signed an agreement to sell a majority interest in its imaging solutions business, Aptina Imaging Corporation, to Riverwood Capital and TPG Capital. As part of the agreement, Micron will retain a 35 percent minority stake in the independent, privately held company. Riverwood and TPG will also [...]
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