Marketwire - Mergers and Acquisitions

Core-Mark Announces a Definitive Agreement to Acquire Auburn Merchandise Distributors, Inc.

Fri, 09 May 2008 08:30:00 EDT

SOUTH SAN FRANCISCO, CA--(Marketwire - May 9, 2008) - Core-Mark Holding Company, Inc. (NASDAQ: CORE), one of the largest North American distributors to the convenience retail industry, announced today that it has signed a definitive agreement to acquire substantially all of the assets of Auburn Merchandise Distributors, Inc. for approximately $28 million. The assets being purchased include primarily accounts receivable, inventory and fixed assets. This agreement does not provide for the purchase of real property or significant liabilities. Core-Mark expects to fund the transaction from excess availability under its $250 million Revolving Credit Facility and from working capital that will be generated after the close. The deal is expected to close in June and be accretive in 2008 excluding approximately $1.4 million in start up and conversion costs.

Coastal Capital Acquisition Corporation Update on Accounting Activity

Thu, 08 May 2008 10:18:00 EDT

COLUMBUS, GA--(Marketwire - May 8, 2008) - Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ) is providing this brief update on the progress of its accounting activity and that of its acquisition target, NBD, Inc.

The company is continuing to monitor and assist the accounting work, tax preparation, and financial compilation with Frazier & Deeter and making steady progress in this area. We have been in many conversations with prior accountants and attorneys and are identifying and gathering the materials that will assist us in becoming a fully reporting company again. The company will be engaging a separate independent accounting firm to audit the work as well as the books assembled by Frazier & Deeter in accordance with SEC rules and regulations.

Green Plains Renewable Energy, Inc. Enters Into Merger Agreements With VBV LLC and Its Subsidiaries

Wed, 07 May 2008 19:13:00 EDT

Merger to Create One of the Nation's Largest Ethanol Producers; Transaction Includes $60 Million Equity Infusion to Fund Future Growth and Acquisitions; Deal Expected to Be Accretive to EPS in 2009

BaySys Technologies Acquires Interad Facilities and Intellectual Property Rights

Wed, 07 May 2008 15:22:00 EDT

ACCOMAC, VA--(Marketwire - May 7, 2008) - BaySys Technologies announced today it has finalized the acquisition of Interad, Ltd's facilities and intellectual property rights.

BaySys Technologies is a leading provider of narrow and wide VIP aircraft interior design, engineering, fabrication, and installation services to support VIP/Head of State and corporate transport flight operations. Solutions include full aircraft interior completion, interior reconfiguration and refurbishment, cockpit and cabin system upgrades interior completion, and light and heavy maintenance inspections.

Bright Horizons Family Solutions, Inc. Stockholders Approve Merger

Wed, 07 May 2008 13:32:00 EDT

BOSTON, MA--(Marketwire - May 7, 2008) - Bright Horizons Family Solutions, Inc. (NASDAQ: BFAM) announced today that its stockholders have voted to approve the proposed merger agreement providing for the acquisition of Bright Horizons by an affiliate of Bain Capital Partners, LLC.

Approximately 98.9% of those shares voting at the special meeting voted in favor of the adoption of the merger agreement, representing approximately 80.2% of Bright Horizons' total outstanding voting shares as of the March 28, 2008 record date.

King & Spalding Advises Sprint Nextel on Merger of Its WiMAX Business With Clearwire and $3.2 Billion Investment by Intel, Google, Comcast, Time Warner Cable and Bright House Networks

Wed, 07 May 2008 10:38:00 EDT

New Company to Speed Deployment of First Nationwide Next-Generation Mobile WiMAX Network