Union Equity, Inc. Announces Change of Control and New Business Acquisition

WEST PALM BEACH, FL--(Marketwire - May 27, 2010) -  Union Equity, Inc. (PINKSHEETS: UNQT) announced today that in a bid to enter and expand the commercial truck sales and leasing market, it acquired R.D.J Financial Services, Inc. with offices in Charlotte, NC and Orlando, FL. As part of this agreement, Union Equity, Inc. purchased R.D. J. and issued to R.D.J.'s shareholder a majority of the common stock and 300,000 shares of convertible preferred stock of Union Equity. In conjunction with this transaction, Union Equity appointed Steven Woodell as President to oversee the expansion of the growing commercial leasing and truck sales line of business. The combined companies will continue to trade under the symbol UNQT through www.otcmarkets.com.

May 27, 2010 | Filed Under Mergers and Acquisitions | Leave a Comment 

Openet Addresses Market Speculation Regarding Future Business Plans

DUBLIN, IRELAND--(Marketwire - May 27, 2010) -  Openet today proactively addressed the recent public discourse regarding its future, which this week has included a rumored speculation that the Company is an acquisition target of Cisco. This speculation was first published by Avian Securities senior research analyst Catharine Trebnick in a research note released on May 26.

May 27, 2010 | Filed Under Mergers and Acquisitions | Leave a Comment 

John Murphy: MARKET BOUNCES SHARPLY OFF FEBRUARY LOW — S&P MAY REGAIN A THIRD TO A HALF OF THE MAY LOSS — TAKE SOME PROFITS IN BEAR FUNDS

The combination of a short-term oversold condition and the presence of chart support at the February low has produced gains of more than 2% in most major stock indexes, including the S&P 500. The...
May 27, 2010 | Filed Under Analyst Opinions | Leave a Comment 

Medex, Inc. Announces Closing Date for Acquisition of BEE Mobile, Inc.

Purchase of Creative Rehab Technology Services, Inc. Confirmed; Paul Protzman Assumes Presidency of Medex, Inc.

May 27, 2010 | Filed Under Mergers and Acquisitions | Leave a Comment 

ALL Fuels & Energy Signs Letter of Intent to Acquire Midwest Ethanol Plant

DES MOINES, IA--(Marketwire - May 27, 2010) -  ALL Fuels & Energy (OTCBB: AFSE) today announced that it has signed a letter of intent to acquire an operating ethanol plant located in the Midwest United States. ALL Fuels also indicated that the definitive purchase agreement is to be negotiated within its current exclusivity period, which extends through the middle of July 2010, with a closing to be held approximately 30 days after the execution of the definitive agreement. ALL Fuels has nearly completed its due diligence efforts and is currently in the process of finalizing the necessary financing.

May 27, 2010 | Filed Under Mergers and Acquisitions | Leave a Comment 

eSilicon Expands in Asia Through Acquisition of Silicon Design Solutions

Triples Its Leading-Edge Engineering Resources

May 27, 2010 | Filed Under Mergers and Acquisitions | Leave a Comment 

Houston Wire & Cable Company Announces Agreement to Acquire Southwest Wire Rope and Southern Wire

HOUSTON, TX--(Marketwire - May 27, 2010) -  Houston Wire & Cable Company (NASDAQ: HWCC) today announced that it has entered into a definitive agreement to acquire Southwest Wire Rope LP and Southern Wire, LLC from Teleflex Incorporated (NYSE: TFX).

May 27, 2010 | Filed Under Mergers and Acquisitions | Leave a Comment 

Houston Wire & Cable Company Announces Agreement to Acquire Southwest Wire Rope and Southern Wire

HOUSTON, TX--(Marketwire - May 27, 2010) -  Houston Wire & Cable Company (NASDAQ: HWCC) today announced that it has entered into a definitive agreement to acquire Southwest Wire Rope LP and Southern Wire, LLC from Teleflex Incorporated (NYSE: TFX).

May 27, 2010 | Filed Under Mergers and Acquisitions | Leave a Comment 

Thomson Reuters to Extend Its Critical Energy Market Insight Through the Acquisition of Point Carbon

NEW YORK, NY--(Marketwire - May 27, 2010) -  Thomson Reuters (NYSE: TRI) today announced that it has agreed to acquire Point Carbon A/S, a Norwegian-based leading provider of essential trading analytics, news and content for the energy and environmental markets. 

May 27, 2010 | Filed Under Mergers and Acquisitions | Leave a Comment 

Gold River Productions Inc. (OTC-GRPS) Announces Purchase of AeroQuest Technologies in Share Exchange

SALT LAKE CITY, UT--(Marketwire - May 27, 2010) -  John Ohlin, President and Chief Executive Officer of Gold River Productions Inc. (PINKSHEETS: GRPS), disclosed today that the business of AeroQuest Technologies, of which he is also President and Chief Executive Officer and a major shareholder, will operate its business as a division of GRPS. The current ring tone business of GRPS will be phased out and will operate as a private company. At the appropriate time, the corporate name will change to reflect its only operating division's identity. 

May 27, 2010 | Filed Under Mergers and Acquisitions | Leave a Comment 

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