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Nexstar Broadcasting Proposes to Acquire Media General for $14.50 Per Share in Accretive Cash and Stock Transaction Valued at $4.1 Billion

  • Proposal Provides 30% Premium to Media General Shareholders
  • Combining Nexstar and Media General Would Create Leading Pure-Play Broadcaster with Enhanced Scale and Substantial Free Cash Flow
  • Combination Would Be Well Positioned To Deliver Superior Immediate and Long-Term Shareholder Value Compared to Proposed Media General/Meredith Combination

Alcoa to Separate into Two Industry-Leading Public Companies, Completing Successful Multi-Year Transformation

  • Launching Two Strong Standalone Companies
  • Providing Shareholders with Two Distinct, Value-Creating Investment Opportunities
  • Upstream Company to be a highly competitive global leader in bauxite, alumina and aluminum, with a unique portfolio of value-add casthouses, and substantial energy assets
  • Value-Add Company to be a premier innovator of high performance multi-material products and solutions in attractive growth markets
  • Transaction expected to be completed in second half of 2016

Bosch Plans Acquisition Of Kliklok-Woodman Corp.

  • Global expansion of packaging machinery business
  • Kliklok-Woodman develops, manufactures, and sells secondary packaging machinery and vertical form, fill, and seal machines for the food industry
  • U.S.-based company will support Bosch's growth strategy in North America, Europe and other regions
  • Planned acquisition is latest in a series of deliberate steps to expand process and packaging technology portfolio

Dialog Semiconductor to acquire Atmel for $4.6 Billion

- Transforms Dialog into a global leader in both Power Management and Embedded Processing with $2.7 billion of combined revenues (1);
- Diversifies customer base across Mobile Power, IoT and Automotive markets;
- Combines leadership positions in Power Management, Microcontrollers (MCUs), Connectivity and Security to deliver comprehensive Internet of Things (IoT) platforms;
- $150 million of projected annual cost synergies expected to be achieved within two years;
- Combination is expected to be accretive to underlying EPS in 2017, the first full year following closing.

SI Group Announces Global Brand Transformation

SI Group, a leading global developer and manufacturer of chemical intermediates, specialty resins, and solutions, announced today the implementation of a global brand transformation. The rebranding launch represents the convergence of SI Group's rich history and tradition with a modern aesthetic that includes a new logo.

Hallmark Expands Portfolio of Businesses

North America business realigns to enable focus, speed
Hallmark Cards, Inc., today announced the creation of three new, distinct businesses from its former North America organization. The three businesses - Hallmark Greetings, Hallmark Home and Gifts and Hallmark Retail - will join Crayola, Crown Media, Crown Center and Hallmark International as part of the company's diversified portfolio of independently operated businesses.

RF IDeas, Inc. is Now Part of Roper Technologies, Inc.

RF IDeas, Inc. is pleased to announce it is now part of Roper Technologies, Inc. (ROP), a publicly-traded, diversified technology company. As part of the Roper family, RF IDeas will continue to operate independently providing technology solutions that improve workflow, ensure compliance and security, and enable mobile workforce management. During RF IDeas 20-year history, the company has achieved many first-to-market product innovations and will continue to build on that success.

Media General, Meredith To Combine To Create Meredith Media General: A New Powerful Multiplatform And Diversified Media Company

FINANCIAL HIGHLIGHTS:

  • Pro-forma annual revenues of $3 billion and EBITDA of over $900 million
  • Approximately $1 billion pro-forma cumulative free cash flow expected in first full two years post-closing
  • More than $80 million of total synergies expected within the first two years with $60 million of run-rate synergies expected in the first 12 months post-closing
  • Strong focus on capital stewardship with disciplined capital allocation plan and emphasis on debt reduction in the near term, and strong commitment to returning cash to shareholders via dividends over the longer term
  • Accretive to Media General's free cash flow per share in the first full calendar year post closing

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