Mergers & Acquisitions

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Ares Management, L.P. (ARES) Friday said that one of its subsidiaries has signed a definitive agreement to acquire Energy Investors Funds, an asset manager in the energy infrastructure industry with about $4 billion of assets under management across four commingled funds and related co-investment vehicles....

Singapore based Astrata Group Pte. Ltd. said Thursday that an affiliate has bought the Chinese company Yamei Electronics Technology Company (Changchun) Ltd. from Trimble Navigation Ltd. (TRMB). This is Astrata's second acquisition of a subsidiary of a major listed company this year, having acquired...

Lockheed Martin (LMT) has agreed to acquire Systems Made Simple, a provider of health information technology solutions to the U.S. federal government. The acquisition may close within 30 days. The terms of the agreement were not revealed and are immaterial to Lockheed Martin. Following the transaction...

Spirit Pub Co.'s (SPRT.L) board remains in discussions with Greene King Plc (GNK.L) relating to the terms of the possible offer. The board remains willing to urge an offer at the value of the revised proposal set out in that announcement, but this remains subject to the satisfactory resolution of the...

Grand Canyon Education, Inc. (LOPE) reported that its third-quarter net income was $29.02 million or $0.62 per share, up from $22.55 million or $0.49 per share last year. On average, 10 analysts polled by Thomson Reuters expected the company to report earnings per share of $0.54 for the quarter. Analysts'...

Digirad Corp. (DRAD) Wednesday said it has sent a letter to PDI, Inc. (PDII), a healthcare commercialization services company, expressing its willingness to acquire it. The deal will be for a premium to PDI's current market price, to be determined after due diligence and discussions with the company....

MEDNAX, Inc. (MD) said Wednesday that it has agreed to acquire The NEXus Medical Group, LLC and its subsidiary, Meridian Anesthesia Consultants, LLC in Macon, Georgia. This is a cash deal, and it is expected to be immediately accretive to earnings upon closing, which is scheduled for October 31, MEDNAX...

Booz Allen Hamilton Holding Corp. (BAH) said Wednesday that it has bought Boston, Massachusetts-based Epidemico, Inc. Epidemico is an informatics company providing early insights, continuous monitoring and consumer engagement for varied aspects of population health, including disease outbreaks, drug...

SiTime Corp., a MEMS and analog semiconductor company, has signed a definitive agreement for fabless semiconductor firm MegaChips Corp. to acquire SiTime for $200 million in cash. The transaction combines two complementary fabless semiconductor companies that provide solutions for the Wearables,...

Engility Holdings, Inc. (EGL), a pure-play government services contractor, and TASC, Inc. Tuesday said they have entered into a definitive agreement for Engility to acquire privately-held TASC in an all-stock transaction valued at about $1.1 billion, including the assumption of net debt. Engility...

Engility Holdings, Inc. (EGL) said Tuesday that it has agreed to buy privately-held TASC, Inc. a professional services provider to the national security and public safety markets, in an all-stock deal valued at about $1.1 billion, including the assumption of net debt. The transaction was approved...

Alere Inc. (ALR) reported a net loss for the third quarter of $91.5 million or $1.10 per share, compared to a net loss of $24.8 million or $0.30 per share for the year-ago quarter. Loss from continuing operations for the third quarter was $98.6 million or $1.19 per share, compared to a loss from continuing...

Level 3 Communications, Inc. (LVLT) and tw telecom inc. (TWTC) said Tuesday that shareholders of both companies have voted to approve Level 3's proposed acquisition of tw telecom. In Mid-June, Level 3 agreed to buy business ethernet provider TW Telecom in a stock and cash deal of about $7.3 billion. The...

Optum, an IT-enabled health services business of UnitedHealth Group (UNH) Tuesday said it has entered into a definitive agreement with consumer and professional medical diagnostic products maker Alere to acquire Alere Health and its subsidiaries in $600 million cash deal. Optum said the combination...

Leica Biosystems, a part of Danaher Corporation's (DHR) diagnostics platform, Tuesday said it will buy Devicor Medical Products, Inc. Financial terms of the deal were not disclosed. "Leica Biosystems' products and solutions address the key steps across the anatomic pathology workflow. The addition...