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Coinstar Inc To Acquire ecoATM

7:00am EDT

Outerwall Inc., formerly Coinstar, Inc announced that the Company has entered into a definitive agreement to acquire ecoATM for $350 million in cash, which includes payoff of certain indebtedness and certain transaction costs, subject to adjustment for working capital as of closing. In addition, because Outerwall currently holds a 23% ownership stake in ecoATM, consideration for this stake will be deducted from actual cash paid. Upon closing the transaction, Outerwall will own 100% of ecoATM.

Edleun Group Inc Announces Acquisition Of Montessori Centre In Ottawa

6:00am EDT

Edleun Group, Inc. announced that the acquisition of Manotick Montessori Casa Dei Bambini, a bilingual private school in the Ottawa, Ontario community of Manotick with 71 licensed spaces. Announcement of the transaction, without reference to name, was made in a release on November 18, 2012. The transaction closed on June 28th, 2013 and was acquired using the Company's available capital resources. The Company owns and operates 52 child care centres throughout Canada.

DeVry Inc Completes Acquisition Of Faculdade Diferencial Integral

Monday, 1 Jul 2013 04:05pm EDT

DeVry Inc announced it has completed the acquisition of Faculdade Diferencial Integral (Facid), located in the state of Piaui, Brazil. Facid serves approximately 2,500 students at two campuses in the city of Teresina, and offers degree programs primarily in healthcare, including a Doctor of Medicine (M.D.) program. Facid joins DeVry Brasil, which operates six institutions at 11 campuses in northeast Brazil. With the addition of Facid, these institutions provide education programs to more than 30,000 students. Along with its M.D. program, Facid offers undergraduate degrees in other healthcare fields such as nursing, pharmacy, and dentistry, as well as a law program. Terms of the transaction were not disclosed.

Equity Trustees Ltd Announces Improved Offer For The Trust Company Limited

Thursday, 20 Jun 2013 08:36pm EDT

Equity Trustees Ltd announced it has formalised an Improved Offer to acquire The Trust Company. Key features of the Improved Offer are: 37 EQT shares for every 100 TRU shares; Opportunity for TRU to pay 22 cents as a special dividend; Revised estimate of expected synergies – now $11 million, with potential upside; Including synergies, represents a 19% to 29% increase from EQT’s original offer; and Prospect of higher dividends for TRU shareholders on achievement of estimated benefits compared to the Perpetual proposal. Equity Trustees has assessed the possibility of including a cash component in the Improved Offer in addition to the opportunity for a 22 cent special dividend from TRU. Strong support has been received from several financial institutions to provide funding through the provision of debt and/or equity to Equity Trustees.

ChinaEdu Corp Announces Receipt Of Going Private Proposal

Thursday, 20 Jun 2013 07:25am EDT

ChinaEdu Corporation announced that its board of directors has received a preliminary, non-binding proposal letter dated June 20, 2013 from Julia Huang, executive chairman of the board of directors and Shawn Ding, CEO of the Company (collectively, the Buyer Parties), to acquire all of the outstanding ordinary shares of the Company not currently owned by the Buyer Parties and certain other shareholders of the Company who may join the Buyer Parties, including ordinary shares represented by the Company's American depositary shares, or ADSs (each representing three ordinary shares of the Company), at a proposed price of $2.33 in cash per ordinary share, or $7.00 in cash per ADS, subject to certain conditions. According to the proposal letter, the acquisition is intended to be financed by debt and/or equity capital and the Buyer Parties have been in discussions with one or more financial institutions which have expressed interest in financing the proposed acquisition.

Tree House Education and Accessories Ltd Completes Acquisition Of Brainworks Learning Systems Private Limited

Wednesday, 19 Jun 2013 11:37pm EDT

Tree House Education and Accessories Ltd announced that it has successfully completed the business purchase transaction with Brainworks Learning Systems Private Limited on June 19, 2013 for a consolidated all cash value of INR5 crores (INR50 million). With this transaction, Tree House has gained ownership of the Brainworks brand along with all assets. All centers running under the Brainworks brand will now be a part of Tree House.

Estacio Participacoes SA Formalizes Commitment to Purchase Associacao de Ensino de Santa Catarina Through Subsidiary

Tuesday, 18 Jun 2013 07:58am EDT

Estacio Participacoes SA announced that it has formalized a commitment to purchase, by its indirect subsidiary Sociedade Educacional Atual da Amazonia Ltda (ATUAL), the total stake in Associacao de Ensino de Santa Catarina (ASSESC), an institution which maintains Faculdades Integradas Associacao de Ensino de Santa Catarina (FASSESC). The transaction value is BRL 5,825,000.

RISO KYOIKU CO LTD to Acquire Land

Tuesday, 18 Jun 2013 02:30am EDT

RISO KYOIKU CO LTD announced that it has decided to acquire a piece of land based in Tokyo, for JPY 3.5 billion, on June 18, 2013.

G8 Education Ltd To Acquire 17 Premium Childcare And Education Centres

Monday, 10 Jun 2013 06:51pm EDT

G8 Education Ltd announced that it has contracts in place that give it the right to acquire 17 premium childcare and education centres from a number of different vendors. The childcare centres are located in Queensland, New South Wales and Victoria. G8 Education Limited has contractual arrangements with each of the vendors, conditional upon customary licensing approvals. The acquisitions will be funded from existing cash and bank facilities. Subject to these conditions being satisfied the acquisitions are expected to settle before the end of August 2013. The total purchase price for the 17 centres is $24 million with $22.95 million payable at settlement and a further payment of $1.05 million is conditional upon the centre based EBIT target being achieved in the 12 months post settlement.

Service Team Inc Completes Acquisition Of Trade Leasing Inc-Reuters

Wednesday, 5 Jun 2013 07:00am EDT

Reuters reported that Service Team Inc announced that the Company has now completed the acquisition of Trade Leasing, Inc. of South Gate, California.Trade Leasing, Inc. is a manufacturer and repairer of trucks and truck bodies.Trade Leasing, Inc. and their Delta Stag division have a full product line of truck bodies for both the dry freight and the refrigerated trucking industry.Trade Leasing, Inc.`s fabrication plant in South Gate, California, is a complete facility for manufacturing and modifying truck bodies. Service Team Inc. is a national provider of warranty repairs for electronic products and household appliances. The Company`s service network consists of service representatives in all areas of the United States.

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Analyst Research

Report Title Price
DIGNITY - TIMING LOOKS RIGHT
Provider: Edison Investment Research
$10.00
Buy
China Education - IPO Initial Opinion
Provider: Renaissance Capital
$23.00
Buy
Accident Exchange - Proposed Delisting
Provider: Hardman & Company
$0.00
Buy
MANAGEMENT TURNOVER REPORT - Zurvita Hldgs Inc (ZRVT)
Provider: Wall Street Transcript ,The
$50.00
Buy
Wright Investors Service Comprehensive Report for La Parler Company Limited
Provider: Wright Reports
$75.00
Buy

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