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W.R. Grace to buy Dow unit for $500M
Columbia-based W.R. Grace & Co. will acquire the Polypropylene Licensing and Catalysts unit of The Dow Chemical Company for $500 million.
Lockheed acquires Scottish IT company
Lockheed Martin Corp., of Bethesda, a global provider of aerospace, defense, security and advanced technology services, announced it has acquired Amor Group, a Glasgow, Scotland-based company specializing in information technology services for the energy, transportation and public services sectors.
Sinclair closes on Fisher acquisition
Sinclair Broadcast Group, of Hunt Valley, an independent television broadcasting company, said Thursday that it has closed on its previously announced acquisition of Seattle-based Fisher Communications, Inc. for approximately $373.3 million, or $41 per share, less acquired working capital.
Dish Network abandons Sprint acquisition efforts
Satellite TV operator Dish Network Corp. is officially abandoning its efforts to acquire Sprint Nextel Corp. The Englewood, Colo., company filed regulatory documents Friday formalizing the retreat it announced earlier this week. The move leaves Sprint free to accept what it considers a superior offer from Japan’s Softback. Dish and Softbank were competing to acquire […]
Google snaps up Waze to add to mapping service
SAN FRANCISCO — Google is buying online mapping service Waze in a deal that keeps a potentially valuable tool away from its rivals while gaining technology that could improve the accuracy and usefulness of its own popular navigation system. The acquisition announced Tuesday ends several months of speculation as Waze flirted with potential buyers interested […]
McCormick completes purchase of Chinese company
McCormick & Co. Inc., of Sparks, an international producer of spices, seasonings, flavorings and specialty foods, said it completed its purchase of Wuhan Asia-Pacific Condiments Co. Ltd., a privately held company in China.
Baltimore-based Barcoding Inc. acquires Illinois company
Barcoding Inc., a Baltimore-based company that installs and integrates wireless barcode systems using handheld portable computing devices, said it has acquired Miles Technologies Inc., of Lake Zurich, Ill., in order to increase its presence in the central region of the U.S. Miles Technologies is a provider of barcode and radio-frequency identification equipment and a developer of software applicat[...]
Annapolis Bancorp acquisition completed
FNB Corp., of Hermitage, Pa., parent company of First National Bank of Pennsylvania, said it completed its acquisition of Annapolis Bancorp Inc., parent company of BankAnnapolis.
Apple buys WiFi-location startup
NEW YORK — Apple has bought WiFiSLAM, a startup that has been developing a way to use WiFi hotspots to help smartphones navigate large indoor spaces, like stores, airports and conference centers. The purchase is part of Apple’s efforts to bolster its own mapping and location capabilities, after breaking up with Google Inc. last year. […]
American Capital acquires HVAC company
American Capital Ltd., of Bethesda, a publicly traded private equity and global asset management firm focused on middle-market investments, has led a buyout of Service Experts LLC, a Texas-based provider of sales, installation, maintenance and repair of HVAC systems for the residential and light commercial markets.
Legg, Permal close Fauchier purchase
Legg Mason Inc., of Baltimore, a global asset manager, and its affiliate, Permal, on Wednesday announced they completed their acquisition of Fauchier Partners, a London-based manager of funds of hedge funds, from BNP Paribas Investment Partners.
GP Strategies tops Wall St. forecasts
GP Strategies, of Elkridge, reported a strong fourth quarter buoyed by revenue from acquisitions. The company, a provider of training, e-learning, management consulting and engineering services, reported net income of $6.1 million, or 32 cents per share, on revenue of $106 million, compared to net income of $5.9 million, or 31 cents per share, on revenue of $93.9 million for the year-ago quarter.
