buyout
First Tech Direct Charts Growth Path Under New Owner, Columbus
The Microsoft software implementation, application development and IT consulting company First Tech Direct is now a branch office of Columbus, a publicly held company based in Denmark that has been in the IT business for 24 years.
Kalamazoo Medical Device Firm Sells To Utah Company
Ostial Solutions LLC, a privately held medical device company, Thurstoday announced that it has sold “substantially all” of its assets to Merit Medical Systems, Inc. (NASDAQ: MMSI). Terms of the transaction were not disclosed.
Caraco Stockholders Approve Merger With Parent Sun Pharma
Detroit-based Caraco Pharmaceutical Laboratories Inc. will shortly cease operation as a publicly traded company.
Caraco Announces $5.25-A-Share Deal With Sun Pharma
Detroit-based Caraco Pharmaceutical Laboratories Ltd. (NYSE Amex: CPD) said Tuesday that it had entered into a merger agreement Monday with Sun Pharmaceutical Industires Ltd., an Indian pharma firm that already owns 75.8 percent of Caraco’s stock.
Adaptive Materials Bought Out By UK Firm
Ann Arbor-based Adaptive Materials Inc., a pioneer in designing and building working fuel cells, has been acquired by UK-based Ultra Electronics Holdings plc. The new owners say AMI’s Ann Arbor employment will continue to grow.
Fisher/Unitech Buys Ohio-Based CAD Reseller
Troy-based Fisher/Unitech, a provider of product lifecycle management products and services, Monday announced it had acquired Mentor, Ohio-based CADVenture, a SolidWorks computer aided design reseller serving Ohio, western Pennsylvania and western New York.
Caraco Sets Independent Committee To Study Buyout Offer
A day after receiving a buyout offer from its Indian parent company for the minority of its shares still on the public markets, the Detroit generic drugmaker appoints a group to study the offer
TechTeam Global To Be Bought Out
Southfield-based TechTeam Global Inc., a provider of IT and business process outsourcing, is being bought out by a Brazilian firm for $93.4 million. There was no immediate word on what would happen to TechTeam’s Southfield […]
Burger King Agrees To Buyout
Burger King Holdings Inc. said Thursday that it is selling itself to private equity firm 3G Capital in a deal valued at $3.26 billion. Its shares soared to an 18-month high.



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