Data Wrap
OneSky Jets acquired Jets.com, and all the other transactions from the past 24 hours.
July 1, 2009
Target – Acquirer – Description
American Community Newspapers -- American Community Newspapers
American Community Newspapers II LLC acquired American Community Newspapers LLC, a Dallas-based publisher of newspapers, from Courtside Acquisition Corp.
BLM Mineral Lease Claims(15) -- Bryn Resources Inc.
Bryn Resources Inc. signed a Letter of Intent to acquire a 50% interest in 15 BLM mineral lease claims, located in Nevada, gold mining properties.
Barnacle Seafood Inc. -- Key West Fresh
Key West Fresh, a unit of Fishbusterz Fisheries, acquired Barnacle Seafood Inc., a Fort Lauderdale-based producer and wholesaler of seafood products, from Meriturn Partners LLC.
BrandStand Group Inc. -- AIMS Worldwide Inc.
AIMS Worldwide Inc. acquired BrandStand Group Inc., a Lewisberry-based provider of marketing services, for cash, notes and restricted stock.
Bryan A Stirrat & Associates -- Tetra Tech Inc.
Tetra Tech Inc. acquired Bryan A Stirrat & Associates, a Diamond Bar-based provider of engineering services. Terms were not disclosed.
Cell Genesys Inc. -- BioSante Pharmaceuticals Inc.
BioSante Pharmaceuticals Inc. (BioSante) definitively agreed to merge with Cell Genesys Inc. (Cell Genesys), a San Francisco-based manufacturer of manufactures biotechnology products, in a stock swap transaction valued at $30.49 million. BioSante offered 0.1615 common shares per Cell Genesys share. Based on BioSante's closing stock price of $2.15 on 29 June 2009, each Cell Genesys share was valued at $0.347. Upon completion, BioSante common shareholders were to own a 60. 4% interest and Cell Genesys common shareholders were to own a 39.6% stake on the merged entity.
Collegium Pharm-AllerNaze -- Lupin Ltd.
Lupin Ltd of India acquired the AllerNaze worldwide rights of Collegium Pharmaceutical Inc., a Cumberland-based manufacturer of pharmaceuticals.
Colorado Railcar Manufacturing -- Investor Group
An investor group including US Railcar LLC, acquired all the remaining assets of Colorado Railcar Manufacturing, a defunct Fort Lupton-based manufacturer of railcars. The transaction was to Inc.lude proprietary rights, manufacturing documentation, inventory, tooling and related equipment.
Community National Corp. -- NB&T Financial Group Inc.
NB&T Financial Group Inc. (NB&T) definitively agreed to merge with Community National Corp. (Community), a Franklin- based bank holding company, for $6.8 mil in cash or NB&T common shares, subject to proration whereby 50% of Community common stock are to be exchanged for cash and the remaining 50% for NB&T common shares.
Dial Directions -- Sakhr Software Co.
Sakhr Software Co acquired Dial Directions, a San Francisco-based provider of voice-activated mobile services.
EXCO Resources Inc.-Upstream -- BG Group PLC
Group PLC (BG) of the UK agreed to acquire a 50% interest in the upstream assets, located in East Texas and North Louisiana, of EXCO Resources Inc. (EXCO), a Dallas-based oil and gas exploration and production company, for $1.055 bil. Concurrently, BG agreed to acquire a 50% interest in the midstream assets, located in East Texas and North Louisiana, of EXCO.
EXCO Resources Inc.-Midstream -- BG Group PLC
BG Group PLC (BG) of the UK agreed to acquire a 50% interest in the midstream assets, located in East Texas and North Louisiana, of EXCO Resources Inc. (EXCO), a Dallas-based oil and gas exploration and production company, for $249 million. Concurrently, BG agreed to acquire a 50% interest in the upstream assets, located in East Texas and North Louisiana, of EXCO.
Gus Doerner Sports-Cert Asts -- Sport Supply Group Inc.
Sport Supply Group Inc. acquired certain assets of Gus Doerner Sports Inc., an Evansville manufacturer and wholesaler of sporting good and branded team uniforms. Terms were not disclosed.
Highline Hydrogen Hybrids Inc. -- Sympowerco Corp.
Sympowerco Corp. signed a Letter of Intent {LoI} to acquire an undisclosed majority interest in Highline Hydrogen Hybrids Inc., a manufacturer of hydrogen conversion system.
Horizon Bk,Pine City,N Br,MN -- Stearns Bank NA
Stearns Bank NA acquired Horizon Bank, located in Pine City, Minnesota, a commercial bank.
HyperSolar Inc. -- Warp 9 Inc.
Warp 9 Inc. (W9) agreed to acquire the entire share capital of HyperSolar Inc. (HS) , a Santa Barbara-based developer of solar cell technology, in exchange for 113.527 mil new W9 common shares valued at $1.022 mil, in a reverse takeover transaction. The shares were valued based on the W9's closing stock price of $0. 009 on Date Month Year, the last full trading day prior to the announcement. Upon completion, HS was to own an 80% interest in W9.
Hyperion Therapeutics Inc. -- Investor Group
An investor group, comprised of Bay City Capital LLC, Panorama Capital Inc., Highland Capital Partners, New Enterprise Associates and Sofinnova Ventures Inc., acquired an undisclosed minority stake in Hyperion Therapeutics Inc., a South San Francisco-based manufacturer and wholesaler of pharmaceutical products, for $60 million.
Intl Derivatives Clearing Grp -- Bank of New York Mellon Corp.
Bank of New York Mellon Corp. acquired an undisclosed minority stake in International Derivatives Clearing Group LLC, a New York-based provider of clearinghouse services, from The Nasdaq OMX Group Inc.. Terms were not disclosed.
Jets.com -- OneSky Jets
OneSky Jets acquired Jets.com, a QuInc.y-based provider of online jet charter auction services.
SQL*LIMS Software -- LabVantage Solutions Inc.
LabVantage Solutions Inc. definitively agreed to acquire SQL*LIMS Software, a Foster City-based developer of electronic data systems software, from Applied Biosystems Group, a unit of Life Technologies Corp.. Terms were not disclosed.
Nations Express Inc. -- Amerijet International Inc.
Amerijet International Inc. acquired an undisclosed majority interest in Nations Express Inc., a Charlotte- based provider of delivery services.
Nighthawk Energy PLC-Centurion -- Osceola Hydrocarbons Ltd.
Osceola Hydrocarbons Ltd of the UK acquired a 50% interest in the Centurion project, located in Sumner County, Kansas, of Nighthawk Energy PLC, a Bristol-based oil and gas exploration and production company, for $5 mil in cash.
Novadel Pharma Inc. -- Seaside 88 Advisors LLC
Seaside 88 Advisors LLC agreed to acquire a 21.34% stake or 13 mil common shares in Novadel Pharma Inc., a Flemington-based pharmaceuticals, in a privatele negotiated transaction.
Pamrapo BanCorp. Inc. -- BCB BanCorp. Inc.
BanCorp. Inc. (BCB) definitively agreed to merge with Pamrapo BanCorp. Inc. (Pamrapo), a Bayonne-based savings and loan bank holding company, in a stock swap transaction valued at $46. 888 million. BCB offered 1 common share per Pamrapo share. Based on BCB's closing stock price of $9.5 on 29 June 2009, each Pamrapo share was valued at $9.5.
PopularMedia Inc. -- StrongMail Systems Inc.
StrongMail Systems Inc. acquired PopularMedia Inc., a San Francisco-based provider of online advertising services. Terms were not disclosed.
Thule Towing Systems -- Investor Group
A management-led investor group, Inc.luding George Caplea, planned to acquire Thule Towing Systems, a Madison Heights-based manufacturer of travel trailers and campers, from Thule Holding AB, a unit of Candover Investments PLC.
UniPureEnergy Acquisition Co -- HKN Inc.
HKN Inc. (HKN) acquired a 19.5% stake in UniPureEnergy Acquisition Co, a provider of fuel patented technology services, from Quadrant Management, UniPureEnergy Acquisition Ltd and Hassan Nemazee, in exchange for 1 mil restricted HKN common shares
Versacold International Corp. -- Yucaipa Cos LLC
Yucaipa Cos LLC (Yucaipa) was granted an option to acquire the remaining 51% interest, which it did not already own in Versacold International Corp. (Versacold) , a Los Angeles-based provider of cold storage services, from Eimskipafelag Islands ehf, a unit of Eimskipafelag Islands Hf. Concurrently, Yucaipa acquired a 49% stake in Versacold.
Versacold International Corp. -- Yucaipa Cos LLC
Yucaipa Cos LLC (Yucaipa) acquired a 49% stake in Versacold International Corp. (Versacold), a Los Angeles- based provider of cold storage services, from Eimskipafelag Islands ehf, a unit of Eimskipafelag Islands Hf. Concurrently, Yucaipa was granted an option to acquire the remaining 51% interest, which it did not already own in Versacold.
Gulf States LTAC-Certain Asts -- RehabCare Group Inc.
RehabCare Group Inc. planned to acquire an 80% interest in certain assets of Gulf States LTAC of Dallas LLC (Gulf States), an owner and operator of hospitals. Terms were not disclosed. Upon completion, the long-tem acute care hospital in Dallas was to be renamed Dallas LTAC Hospital.
Pharm/Dur Inc. -- Affiliated Computer Svcs Inc.
Affiliated Computer Services Inc. acquired Pharm/ DUR Inc., a Philadelphia-based provider of pharmacy audit and verification services.
Pyramid Saimira Theatre Ltd-US -- Seeking Buyer
In June 2009, Pyramid Saimira Theatre Ltd of India (Pyramid), a Chennai-based provider of entertainment services, announced that it was seeking a buyer for its US businesses and assets. The transaction was to Inc.lude the assets of its FunAsia and Pyramid Saimira Entertainment America Inc. units, and DesiPages magazine. Concurrently, Pyramid disclosed that it was seeking a buyer for its Malaysian businesses and assets.
Data provided by Thomson Reuters
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