Marketwire - Mergers and Acquisitions

Dolat Ventures Inc. to Acquire 100% of Dove Diamonds & Mining

Fri, 20 Nov 2009 17:00:00 EST

New Operation Plans to Import and Wholesale Rough Diamonds and Gems

CAVU Resources, Inc. Announces $2.4 Million Letter of Intent to Acquire ASG, Inc.

Fri, 20 Nov 2009 08:00:00 EST

TULSA, OK--(Marketwire - November 20, 2009) - CAVU Resources, Inc. (PINKSHEETS: CAVR) is pleased to announce that it has entered a Letter of Intent to acquire 100% of the outstanding shares of ASG, Inc. and its wholly owned subsidiaries Applied Survey Systems, Inc., Applied Survey Systems Canada, Inc. and Strata Data, Inc. for $2.4 million in stock and an assumption of $450,000 in debt.

ASG and its subsidiaries provide on a global basis the following services and benefits, Gyroscopic and Magnetic survey and guidance services to the Oil & Gas, Mining and Construction industries. Applied Surveys utilizes rate-gyro technology adopted from the Aerospace industry. The Target INS is a velocity aided true north-finding navigation system with continuous on the fly survey speed limited only by the speed of the wireline. It utilizes innovative strapped down gyros and accelerometers, advanced sensor error compensat

Brookfield Asset Management and Brookfield Infrastructure Partners Completes Recapitalization of Babcock & Brown Infrastructure

Fri, 20 Nov 2009 08:00:00 EST

TORONTO and HAMILTON, BERMUDA--(Marketwire - November 20, 2009) - Brookfield Asset Management Inc. (NYSE: BAM) (TSX: BAM.A) (Euronext: BAMA) and Brookfield Infrastructure Partners L.P. (NYSE: BIP) (TSX: BIP.UN) ("Brookfield Infrastructure"(1) together with Brookfield Asset Management Inc., "Brookfield") today announced the completion of the recapitalization of Babcock & Brown Infrastructure (ASX: BBI) ("BBI"). Concurrently with the closing, BBI was renamed Prime Infrastructure.

Cascadia's Internet Division Announces Its Latest Acquisition

Thu, 19 Nov 2009 11:30:00 EST

TACOMA, WA--(Marketwire - November 19, 2009) - (PINKSHEETS: CDIV) -- The Internet Division of Cascadia Investments, Inc. announced today that it has acquired a 50 percent interest in www.nameringers.com, a website featuring over 2,000 personalized ring tones. Cascadia's joint interest in nameringers.com includes all rights to the music, ring tones, and brand.

In announcing the acquisition, Cascadia's president and CEO Mr. Maherali stated, "We will continue to invest in Internet businesses, like nameringers, as part of our commitment to create long-term value for shareholders."

Avaya's Proposed Acquisition of Nortel Enterprise Solutions Receives Clearance From European Commission

Thu, 19 Nov 2009 09:20:00 EST

BASKING RIDGE, NJ--(Marketwire - November 19, 2009) - Avaya today announced it received clearance from the European Commission for its proposed acquisition of Nortel's enterprise solutions business.

The proposed acquisition is subject to additional regulatory reviews, and Avaya expects to close the transaction in December 2009.

About Avaya

Avaya is a global leader in enterprise communications systems. The company provides unified communications, contact centers, and related services directly and through its channel partners to leading businesses and organizations around the world. Enterprises of all sizes depend on Avaya for state-of-the-art communications that improve efficiency, collaboration, customer service and competitiveness. For more information please visit www.avaya.com.