News & Events

Press Release
July 31, 2008

Monster Adds Next Generation Intelligent Search Technology with Acquisition of Trovix, Inc.

Monster, the leading global online careers and recruitment resource and flagship brand of Monster Worldwide, Inc., today announced a series of strategic business initiatives highlighted by the acquisition of Trovix, Inc., a leading provider of employment products and services using intelligent search technologies. More

July 31, 2008

Global BPO Services Corp. Announces Closing of the Merger with Stream Holdings Corporation

Global BPO announced today that it has closed the merger of Stream Holdings Corporation with Global BPO. The purchase price as previously announced was $200 million in cash. In connection with the acquisition today, Stream has also completed its debt financing for a $108 million credit facility. More

Company Press Release
May 13, 2008

Finmeccanica to Acquire DRS for US$5.2 billion

Finmeccanica, S.p.A., a world leader in the supply of electronics equipment and defense and security systems and services, and DRS Technologies, Inc., a leading supplier of integrated defense electronics products, services and support, today announced that they have signed a definitive merger agreement under which Finmeccanica will acquire 100% of DRS stock for US$81 per share in cash. More

January 28, 2008

Global BPO Services Corp Enters Into Agreement to Acquire Stream Holdings Corporation

Global BPO Services Corp. announced today that it has entered into a definitive acquisition agreement to acquire 100% of the outstanding equity in Stream Holdings Corporation, a leader in providing global customer relationship management and other business process outsourcing services to Fortune 100 companies. The transaction values Stream at approximately $225.8 million. More