Pansoft Company Limited (Nasdaq: PSOF) today announced that it has signed an agreement to acquire a 55% equity stake in Shandong HongAo Power Technology Co., Ltd ("HongAo Power") for approximately $2.6 million..
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Protection One, Inc. (Nasdaq: PONE) today announced that it has entered into a definitive agreement to be acquired by affiliates of GTCR, a leading private equity firm that manages more than $8 billion in equity capital.
Switch and Data (Nasdaq: SDXC) today announced that the United States Department of Justice notified Equinix, Inc. that it has closed its investigation with respect to Equinix's proposed acquisition of Switch and Data and also received notification from the Federal Trade Commission that the waiting period under the Hart-Scott-Radino Antitrust Improvements Act of 1976 has been terminated.
Thoratec Corporation (Nasdaq: THOR) said today that it has signed a definitive agreement to sell its International Technidyne Corporation division to Danaher Corporation (NYSE: DHR).
Unitrin, Inc. (NYSE: UTR) said today that its previously announced negotiations with Physicians Mutual Insurance Company for the sale of Unitrin’s Reserve National Insurance Company subsidiary have been terminated due to a failure by the parties to reach a definitive agreement. Unitrin had announced two months ago that it had reached an agreement in principle to sell Reserve National to Physicians Mutual®.
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