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
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
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