News / Finance
WhisperfromWallStreet.com "Stocks Being Promoted Today" - Hiland Partners, LP,HLND - Tech/Ops Sevcon, Inc.,TO - Community Bank Shares of Indian,CBIN
The Hiland companies - Tech/Ops Sevcon, Inc. - Community Bank Shares of Indiana,
Hiland Partners, LP,HLND
The Hiland companies, Hiland Partners, LP and Hiland Holdings GP, LP announced that each of the Hiland companies has signed a separate definitive merger agreement with an affiliate of Harold Hamm, pursuant to which affiliates of Mr. Hamm have agreed to acquire for cash all of the outstanding common units of each of the Hiland companies that are not owned by Mr. Hamm, his affiliates or Hamm family trusts. Upon consummation of the mergers, the common units of the Hiland companies will no longer be publicly owned or publicly traded. In the mergers, Hiland Partners' unitholders will receive $7.75 in cash for each common unit they hold and Hiland Holdings' unitholders will receive $2.40 in cash for each common unit they hold.
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Tech/Ops Sevcon, Inc.,TO
Tech/Ops Sevcon, Inc., through its subsidiaries, engages in the design, manufacture, sale, and service of electronic controls. The company offers various electronic controls, which control motor speed and acceleration for battery powered electric vehicles in various applications, including electric fork lift trucks, aerial lifts, and underground coal-mining equipment. It also provides metalized film capacitors for use in the power electronics, signaling, and audio equipment markets. Tech/Ops Sevcon markets its products in the United States, the United Kingdom, France, Korea, and Japan. The company was founded in 1987 and is based in Southborough, Massachusetts.
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Community Bank Shares of Indian,CBIN
Community Bank Shares of Indiana, Inc. operates as the holding company for Your Community Bank (YCB) and The Scott County State Bank (SCSB), which provide various commercial banking products and services in Indiana and Kentucky. The company?s deposit products include non-interest and interest-bearing checking accounts, ATMs, debit cards, savings accounts, money market accounts, demand accounts, certificates of deposit, and individual retirement accounts. Its loan products comprise secured and unsecured business loans of various terms to local businesses and professional organizations; consumer loans, such as home equity lines of credit, automobile and recreational vehicle, construction, and loans secured by deposit accounts; and residential real estate loans. In addition, Community Bank offers non-deposit investment products, such as stocks, bonds, mutual funds, and annuities.
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