Data Wrap
The Dress Bran acquired teenage girls retailer Tween Brands, and all the latest deals from the past 24 hours.
June 25, 2009
AmTrust Bank-Branches,Lake -- First Place Bank
First Place Bank, a wholly-owned unit of First Place Financial Corp., agreed to acquire the three branches, located in Lake County, Ohio, of AmTrust Bank.
Barnhart Crane-Cert Asts -- Maxim Crane Works Hldg Inc.
Maxim Crane Works Holdings Inc., a unit of Platinum Equity LLC's Platinum Equity Capital Partners II LP subsidiary, acquired certain assets of Barnhart Crane & Rigging Co, a Memphis-based provider of lifting and transportation services. Terms were not disclosed. The transaction included a fleet of large crawler cranes and related assets of Barnhart.
Beam Global Spirits & Wine-Old -- Buffalo Trace Distillery Inc.
Buffalo Trace Distillery Inc. acquired Old Taylor Bourbon label, from Beam Global Spirits & Wine Inc.. The transition was to include the barrel inventory.
ClearFuels Technology Inc. -- Rentech Inc.
Rentech Inc. acquired a 25% stake in ClearFuels Technology Inc., an Aiea-based manufacturer of biofuel products. Concurrently, Rentech definitively agreed to acquire the entire share capital of SilvaGas Corp.
Dakota Salts LLC -- Sirius Exploration PLC
Sirius Exploration PLC was granted an option to acquire the remaining 49% stake, which it did not already own in Dakota Salts LLC, Denver-based mineral mining company, from Transparent Holdings Ltd (24%) and Sojourn Energy LLC (25%), in exchange for 19.6 mil ordinary shares valued at $1.248 mil. The shares were valued based on Sirius' closing stock price of $0. 0637 on June 23, the last full trading day prior to the announcement.
Federal Trust Corp. -- FT Acquisition Corp.
FT Acquisition Corp., a wholly-owned unit of the Hartford Financial Services Group Inc., merged with Federal Trust Corp., a Sanford-based bank holding company for Federal Trust Bank, for $10 mil in cash, in a privately negotiated transaction. On completion, FTC was to become a wholly- owned, operating subsidiary of Hartford.
Able Tire Co LLC -- Liberty Tire Services LLC
Liberty Tire Services LLC, a unit of American Securities LP's American Securities Capital Partners LLC, acquired the entire share capital of Able Tire Co LLC, a Midlothian-based provider of scrap tire recycling services. Terms were not disclosed.
id Software Inc. -- ZeniMax Media Inc.
ZeniMax Media Inc. acquired id Software Inc., a Mesquite-based developer of mobile gaming software.
Mid-State Home Health Agcy Inc. -- Gentiva Health Services Inc.
Gentiva Health Services Inc. acquired Mid-State Home Health Agency Inc., an Alexandria-based provider of home health care services.
Nemschoff Inc. -- Herman Miller Inc.
Hellen Miller Inc. acquired Nemschoff Inc., a Sheboygan-based manufacturer of medical furniture.
PJ Inc. -- @aquila Inc.
@aquila Inc. acquired PJ Inc., a New York-based provider of public relations and marketing services. Terms were not disclosed.
PAETEC Commun Inc.-Trader -- Speakerbus Group PLC
Speakerbus Group PLC of the UK agreed to acquire the Trader Voice Service business of PAETEC Communications Inc., a Fairport-based developer of telecommunications software and a unit of PAETEC Holding Corp.
SilvaGas Corp. -- Rentech Inc.
Rentech Inc. definitively agreed to acquire the entire share capital of SilvaGas Corp., an Atlanta-based manufacturer of industrial gas, for $17.651 mil. The consideration was to consist of 14.7 mil Rentech common shares valued at $8.526 mil, and up to $9.125 mil in profit related payments. The shares were valued based on Rentech's closing stock price of $0.58 on 23 June 2009, the last full trading day prior to the announcement. Concurrently, Rentech acquired a 25% stake in ClearFuels Technology Inc.
Spacelabs Healthcare Inc.-Clini -- Medifacts International Inc.
Medifacts International Inc., a unit of Global Research Services Inc., acquired the Trials Services division of Spacelabs Healthcare Inc., an Issaquah- based manufacturer and wholesaler of medical devices, from OSI Systems Inc.. Terms were not disclosed.
Successories Inc. -- TWS Partnership
TWS Partnership acquired Successories Inc., an Aurora- based manufacturer and wholesaler of motivational products, from SI Acquisition LLC.
Undisclosed Mineral Mining Co -- Denarii Resources Inc.
Denarii Resources Inc. agreed to acquire an undisclosed mineral mining company.
Webster's Team Sports -- Sport Supply Group Inc.
Sport Supply Group Inc. acquired Webster's Team Sports, a Pompano Beach-based manufacturer and wholesaler of sporting goods. Terms were not disclosed.
Welcome Wagon Intl Inc. -- South Florida Media Group
South Florida Media Group acquired Welcome Wagon International Inc., a Plainview-based provider of advertising services, from Move Inc.. Terms were not disclosed.
Malcolm Pirnie Inc. -- Arcadis NV
Arcadis NV of The Netherlands agreed to acquire the entire share capital of Malcolm Pirnie Inc., a White Plains-based provider of environmental engineering, science and consulting services, for $220.991 mil. The consideration was to consist of $135 mil in cash and the issuance of up to 5.74 mil Arcadis ordinary shares valued at $85.991 mil. The shares were valued based on Arcadis' closing stock price of $14.981 on 24 June 2009, the last full trading day prior to the announcement.
Welcome Wagon Intl Inc. -- Vane Minerals(US)LLC
Vane Minerals(US)LLC, a unit of VANE Minerals PLC, agreed to acquire the uranium property assets, located in northern Arizona, of Neutron Energy Inc., a Phoenix-based uranium mining company.
Newmerix Corp. -- Beacon Application Svcs Corp.
Beacon Application Services Corp. acquired Newmerix Corp., a Superior-based developer of application management software. Terms were not disclosed.
The Albright Group LLC -- Stonebridge International LLC
Stonebridge International LLC merged with The Albright Group LLC, a Washington-based provider of business consulting services. On completion, the merged entity was renamed Albright Stonebridge Group.
Tween Brands Inc. -- Dress Barn Inc.
Dress Barn Inc. definitively agreed to acquire the entire share capital of Tween Brands Inc., a New Albany-based manufacturer and retailer of apparel and lifestyle products for teenage girls, in a stock swap transaction valued at $154.462 mil. Dress offered 0.47 common shares per Tween share. Based on Dress?s closing stock price of $13.24 on 24 June 2009, the last full trading day prior to the announcement, each Tween share was valued at $6.223.
AIG Advisor Group -- Seeking Buyer
American International Group Inc. announced that it was seeking a buyer for its AIG Advisor Group unit, a New York-based provider of brokerage services.
Grand Gulf Energy Ltd-LeFlore -- Seeking Buyer
Grand Gulf Energy Ltd, a Western Australia-based oil and gas exploration and production company, announced that it was seeking a buyer for its LeFlore County, Oklahoma assets.
Data provided by Thomson Reuters
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