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Sylogist Ltd Completes Acquisition of Epic Data International Inc

1:49pm EDT

Sylogist Ltd announced that the completion on July 1, 2013 of the acquisition of all the common shares ofEpic Data International Inc. The transaction, which was completed through a court approved plan of arrangement (the Transaction) under the Business Corporations Act (British Columbia), was previously announced on May 8, 2013.

North American Oil and Gas Announces Termination Of Auditor-Form 8-K

12:37pm EDT

North American Oil and Gas reported in its Form 8-K that on June 10, 2013, North American Oil & Gas Corp. (Company) and Eide Bailly LLP (Eide Bailly) formally informed each other of their mutual termination of Eide Bailly as the Company’s independent registered public accounting firm.

Genesys Completes Tender Offer To Acquire SoundBite Communications Inc

8:37am EDT

Genesys Telecommunications Laboratories, Inc. announced that the tender offer by its direct wholly-owned subsidiary, Sonar Merger Sub Inc., to acquire all of the outstanding shares of common stock of SoundBite Communications, Inc. expired on July 1, 2013. All shares that were validly tendered into the offer and not properly withdrawn have been accepted for payment and will be paid promptly in accordance with the terms of the offer.

Earthlink Inc Completes Acquisition of CenterBeam Inc

8:30am EDT

Earthlink Inc announced that it has completed the acquisition CenterBeam Inc, a privately-owned company with a 13-year track record of delivering secure cloud-based IT services, for a total consideration of $22 million.

AllDigital Holdings Inc Announces Financing Agreement With Strategic Investors, Amendment To Merger Agreement with Broadcast International

8:01am EDT

AllDigital Holdings Inc announced the signing of a definitive agreement to merge with Broadcast International in an all-stock transaction. This merger was delayed partially due to the discovery of certain encumbrances and license limitations related to critical Broadcast International intellectual property. AllDigital is satisfied with the resolutions to date, resolutions in process, and agreed upon actions to address any known IP issues. In addition, AllDigital announced that Broadcast International has been able to successfully reduce outstanding accounts payable as the result of negotiated reductions in accounts payable and the elimination of certain other liabilities. AllDigital and Broadcast International have signed a Second Amendment to the Merger Agreement that includes a number of revised deal terms. Under these revised terms, AllDigital shareholders will receive an adjusted number of shares of Broadcast International common stock representing 58% (adjusted up from 54%) of the post-closing shares of Broadcast common stock, with both share totals calculated on a modified fully diluted basis. The end date for the merger, the date after which either party can terminate without cause, has been moved from July 31, 2013 to October 31, 2013 to allow reasonable time to obtain shareholder approval.

Dassault Systemes SA Completes Apriso Acquisition

2:35am EDT

Dassault Systemes SA announced the completion of the acquisition of Apriso, a provider of manufacturing software solutions, headquartered in Long Beach, California. Apriso will be integrated with and expand Dassault Systemes' DELMIA application portfolio and the 3DEXPERIENCE platform's virtual+reality capabilities closing the loop between design, engineering, manufacturing and consumer experience. The purchase price was approximately $205 million (enterprise value) in cash.

Addnode Group AB Acquires Joint Collaboration AS

2:00am EDT

Addnode Group AB announced that on July 1, 2013 the Company signed an agreement to acquire all outstanding shares in Joint Collaboration AS (Joint) from Joint’s existing shareholders (the Transaction). The Transaction will be paid at closing by a payment of NOK 56 million in cash and such number of Series B shares of Addnode Group which represents a value of NOK 39 million. The final cash payment is subject to an adjustment based on the actual net cash position, and the actual level of working capital, in Joint at closing. A maximum conditional purchase price of NOK 95 million in cash is payable if certain targets related to Joint’s EBITDA during the period 2013-2015 are achieved. In summary, the maximum acquisition cost is NOK 190 million on a cash and debt free basis. The initial cash payment of NOK 56 million will be financed through a new three year credit facility. The Transaction is conditional upon approval from the competition authority in Norway, and the change of ownership is intended to take place on August 30, 2013. Joint is a supplier of SaaS (Software as a Service) rental solutions for primarily the Oil and Gas as well as the Construction industry.

Justplanning Inc Completes Share Repurchase Plan

Monday, 1 Jul 2013 08:40pm EDT

Justplanning Inc announced that it has repurchased 6,320 shares of its common stock for JPY 434,816,000 in total on July 2, 2013. Following this, the Company has completed its share repurchase plan to repurchase up to 7,000 shares (a 14.60% stake) of its common stock, at the price of JPY 68,800 per share, or up to JPY 700 million.

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Energy -0.01%
Basic Materials -0.87%
Industrials -0.61%
Cyclical Goods & Services +0.03%
Non-Cyclical Goods & Services -0.23%
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Healthcare -0.43%
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Analyst Research

Report Title Price
GLEN GROUP - EMERGING POTENTIAL
Provider: Edison Investment Research
$10.00
Buy
GLEN GROUP - PREPARING FOR PROFIT
Provider: Edison Investment Research
$10.00
Buy
GLEN GROUP - COMPLEMENTARY DEAL
Provider: Edison Investment Research
$10.00
Buy
GLEN GROUP - PROPOSED SALE OF ECLECTIC
Provider: Edison Investment Research
$10.00
Buy
Market Edge Equity Research Report
Provider: Market Edge
$10.00
Buy

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