General Dynamics Advanced Information Systems, a business unit of General Dynamics, today completed its previously announced purchase of Axsys Technologies, Inc., for $54 in cash per share of Axsys Technologies’ outstanding common stock. The cost of the transaction is approximately $643 million. More
Raytheon Company has entered into an agreement to acquire BBN Technologies, a privately-held world leader in research and development, and provider of critical solutions for national defense and security missions. More
Stream Global Services, Inc., and EGS Corp., the indirect parent company of eTelecare Global Solutions, Inc., jointly announced today that they have entered into a definitive agreement to combine in a stock-for-stock exchange. As a result, the current Stream and EGS Corp. stockholders will own approximately 57.5% and 42.5%, respectively, of the combined entity. More
General Dynamics Advanced Information Systems, a business unit of General Dynamics, has entered into a definitive agreement to acquire Axsys Technologies, Inc., for $54 per share of Axsys Technologies’ outstanding common stock. The cost of the transaction would be $643 million. More
For two former high-ranking Bear Stearns bankers, there’s no better time to hang their own shingle. Denis A. Bovin and Michael J. Urfirer, both former vice chairmen of investment banking at the now-defunct firm, announced Monday that their boutique, Stone Key Partners, was open for business. More
Seasoned Wall Street veterans, Denis A. Bovin and Michael J. Urfirer, today announced the official launch of Stone Key Partners, a new investment banking firm specializing in sophisticated Mergers & Acquisitions and Strategic Advisory services. More
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
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