MALVERN, Pa., March 20, 2013 /PRNewswire/ — Liberty Property Trust (LRY)today announced it has sold the property at 8800 Tinicum Boulevard in Philadelphia to an affiliate of Cole Real Estate Investments, for approximately $74.7 million. The 441,000 square foot facility is occupied by PNC Bank, for whom Liberty developed the property in two phases, delivering in 1997 and 2000. CBRE represented Liberty in the transaction Continue reading
Tag Archives: transaction
Telus boosts presence in health care
Telus Corp. is ramping up its presence in health care with a deal to acquire Ontarios largest provider of electronic medical records. The Vancouver-based telecom company is expected to announce Tuesday an offer to buy PS Suite EMR, the electronic medical record business run by MD Practice Software LP a subsidiary of the Canadian Medical Association. Continue reading
U.S. Court Sides with Liberty Media
Liberty Media Corp. (LMCA) has won a key verdict related to its allegations against Vivendi Universal S.A for ambiguous transaction while acquiring USA Network in 2001. The U.S. Continue reading
U.S. HealthWorks Acquires Advanced Occupational Medicine Specialists’ Three Chicago Centers
CHICAGO–(BUSINESS WIRE)– U.S. HealthWorks, one of the largest operators of occupational healthcare centers in the United States, today announced it has acquired the three Advanced Occupational Medicine Specialists (AOMS) healthcare centers in the Chicago area. Continue reading
Acorn Growth Companies & The Edgewater Funds Partner to Acquire UK Aerospace Firm
OKLAHOMA CITY–(BUSINESS WIRE)– Acorn Growth Companies, a private equity firm focused exclusively in the aerospace and defense sectors, has partnered with The Edgewater Funds to acquire Paul Fabrications, based in Derby, United Kingdom, which specializes in the manufacture of high-precision and complex metal assemblies for the aerospace, power generation and nuclear fueling industries. The acquisition is the second venture for Acorn Growth Companies and The Edgewater Funds since the partnership was announced early this year. Continue reading
Liberty Global and Searchlight Complete OneLink Acquisition
ENGLEWOOD, Colo.–(BUSINESS WIRE)– Liberty Global, Inc. (Liberty Global or LGI) (NASDAQ: LBTYA, LBTYB and LBTYK) today announced that, following regulatory approval, it has consummated the previously announced agreement with investment funds affiliated with Searchlight Capital Partners, L.P. Continue reading
Genetic Immunity Receives GMP Certification for In-House Manufacturing Facility
BUDAPEST, HUNGARY–(Marketwire – Oct 8, 2012) – Genetic Immunity (OTCBB: PWRV) is pleased to announce the GMP approval of its manufacturing facility. The development of the GMP manufacturing process and the facility was financed from a $4 million grant received from the Hungarian Office for Innovation and Technology Continue reading
Health Care REIT to acquire all outstanding common stock of Sunrise Senior Living
Published on August 23, 2012 at 12:19 AM Sunrise Senior Living, Inc. (NYSE: SRZ) announced today that it has entered into a definitive merger agreement under which Health Care REIT, Inc. (NYSE: HCN) will acquire all of the outstanding common stock of Sunrise for $14.50 per share in an all-cash transaction Continue reading
Liberty Silver Announces Offer for Sennen Resources
TORONTO, ONTARIO–(Marketwire -07/16/12)- Liberty Silver Corp. Continue reading
Falkland Islands Hlg – Result of General Meeting
29 June 2012 Falkland Islands Holdings plc (“FIH” or “the Company”) Result of General Meeting Falkland Islands Holdings plc, the AIM quoted international group which owns essential services businesses focused on retail, transport and logistics announces that the resolution put to shareholders at the Company’s General Meeting held earlier today was duly passed. The General Meeting was held pursuant to the notice posted to shareholders on the 14th of June 2012, regarding the subscription and open offer to raise up to 10.0m to develop the Group’s assets in the Falkland Islands in anticipation of the growth in the economy which the Board believe will follow from recent hydrocarbon discoveries. Continue reading
Freedom Communications Announces Sale of Florida, North Carolina Properties Has Closed
IRVINE, Calif.–(BUSINESS WIRE)– Freedom Communications announced today that the sale of all of its newspaper properties in Florida and North Carolina to Halifax Media Group has closed. The properties involved in the transaction include Holmes County Times-Advertiser, Bonifay, FL; Times-News, Burlington, NC; Havelock News, Havelock, NC; The Daily News, Jacksonville, NC; Free Press, Kinston, NC; The Star, Port St. Joe, FL; The Walton Sun, Santa Rosa Beach, FL; Washington County News, Chipley, FL; The Crestview News Bulletin, Crestview, FL; The Destin Log, Destin, FL; Northwest Florida Daily News, Fort Walton Beach, FL; The Gaston Gazette, Gastonia, NC; Jones Post, Kinston, NC; Santa Rosa Press Gazette and Santa Rosa Free Press, Milton, FL; Sun Journal and The Shopper, New Bern, NC; The News Herald, Panama City, FL; The Star, Shelby, NC; The Times, Apalachicola, FL and The Topsail Advertiser, Surf City, NC. Continue reading
Freedom Communications Announces Close of Sale of Texas Publishing Assets
IRVINE, Calif.–(BUSINESS WIRE)– Freedom Communications announced today that the sale of the print and online publishing assets of its Texas properties, The Brownsville Herald, El Nuevo Heraldo, The Harlingen Valley Morning Star, The Monitor in McAllen, The Odessa American and The Mid Valley Town Crier in Weslaco, to AIM Media Texas, LLC has closed. Terms of the transaction were not disclosed. In conjunction with the transaction, AIM previously announced that all Freedom employees at these publications will continue in their respective jobs and positions with the new company Continue reading
Precision Aerospace Components Acquires FDMC
STATEN ISLAND, N.Y., June 21, 2012 /PRNewswire/ –Precision Aerospace Components, Inc., a growing provider of fasteners and components to the military and aerospace industries under its Freundlich Supply and Tiger-Tight companies, announced it has acquired the assets of Fastener Distribution and Marketing Company, (FDMC). FDMC is the parent company of Aero-Missile Components, (AMC) and Creative Assembly Systems, (CAS). Continue reading
Vistar to Acquire Liberty Distribution Company, LLC.
RICHMOND, Va.–(BUSINESS WIRE)– Vistar, a division of Performance Food Group, Inc. (PFG), has announced it will acquire Liberty Distribution Company, LLC (Liberty). The acquisition brings together two distributors of candy, snacks and beverages. Continue reading
Freedom Communications to be Acquired By 2100 Trust, LLC
IRVINE, Calif.–(BUSINESS WIRE)– Freedom Communications Holdings, Inc. announced today that it has agreed to be acquired by 2100 Trust, LLC in a merger with a subsidiary of 2100 Trust. At the time the transaction closes, Freedoms businesses will consist of its flagship Orange County Register, the Barstow, CA Desert Dispatch, The Gazette in Colorado Springs, CO, the Marysville, CA Appeal-Democrat, The Porterville Record in Porterville, CA, the Victorville, CA Daily Press and The Sun in Yuma, AZ and their associated non-daily publications along with specialty publications and digital properties Continue reading
Baxter Announces Collaboration with Chatham Therapeutics for Factor IX Hemophilia B Gene Therapy Treatment
DEERFIELD, Ill.–(BUSINESS WIRE)– Baxter International Inc. (BAX) today announced that it has entered into an exclusive global agreement with Chatham Therapeutics, LLC, an affiliate of Asklepios BioPharmaceutical, Inc. (AskBio), for the development and commercialization of potential treatments for hemophilia B utilizing Chathams gene therapy technology. Continue reading
Freedom Communications Announces Sale of Its Texas Newspapers to AIM Media Texas, LLC
IRVINE, Calif.–(BUSINESS WIRE)– Freedom Communications announced today that it has reached agreement to sell its Texas print and online newspaper publishing assets, The Brownsville Herald, El Nuevo Heraldo, The Harlingen Valley Morning Star, The Monitor in McAllen, The Odessa American and The Mid Valley Town Crier in Weslaco, to AIM Media Texas, LLC. Terms of the transaction, which is expected to close within the next 30 days, were not disclosed. In conjunction with the transaction, AIM announced that all Freedom employees at these publications in Texas will continue in their respective jobs and positions with the new company. Continue reading
FCC dismisses Liberty Media request for control of SiriusXM
Score one for Mel Karmazin, the chief executive of Sirius XM Radio Inc. The U.S. Federal Communications Commission on Friday dismissed Liberty Media Corp.’s request for the operating licenses that would have given the company control over SiriusXM. Continue reading
Kaman and Kineco Announce Agreement to Form a Joint Venture in India
BLOOMFIELD, Conn. & GOA, India–(BUSINESS WIRE)– Kaman Aerospace Group, Inc., a subsidiary of Kaman Corporation (NYSE: KAMN – News) and Kineco Private Limited today announced that they have entered into an agreement to form a manufacturing company in India. The venture will be based in Goa and will manufacture advanced composite structures for aerospace, medical and other industries Continue reading
Super Computer Maker Cray and Intel strike Partnership
“This agreement is evidence of the leadership position we’ve established in high performance computing, and is an exciting win for our customers, our company and our shareholders,” said Peter Ungaro… Full Story below Update: 11 Source: The Register “This agreement is evidence of the leadership position we’ve established in high performance computing, and is an exciting win for our customers, our company and our shareholders,” said Peter Ungaro, president and CEO of Cray. “By broadening our relationship with Intel, we are positioned to further penetrate the HPC market and expand on our industry-leading technologies in support of our Adaptive Supercomputing vision Continue reading