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ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Roundtable

Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Today's Transactions:
3M Closes Third Deal of 2012 with $860M Ceradyne Buy

Because of the transaction, the Post-its note maker will be able to develop advanced ceramics

3M (NYSE: MMM) has completed its $860 million acquisition of Ceradyne Inc.

Costa Mesa, Calif.-based Ceradyne develops and produces technical ceramics for the automotive, oil, solar, industrial, electronics and defense industries. The deal will allow 3M to develop advanced ceramics.

The transaction was announced on Oct. 1

3M, headquartered in St. Paul, Minn., makes Post-its and Scotch tape. The company acquired CodeRyte Inc. in April, and Federal Signal Technologies Group for $110 million in June.

In October the company terminated an agreement with Avery Dennison Corp. (NYSE: AVY), under which it would have paid $550 million for the company’s office and consumer products business.

 

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