Industry News

AMC Entertainment Holding's bid for the largest theater company in Europe for $1.2 billion shows its deal for Carmike Cinemas is vastly undervalued, one of Carmike's vocal shareholders said Tuesday. "There can no longer be any shadow of a doubt, Carmike's board failed to realize anywhere close to a reasonable fair value for CKEC's non-management shareholders in this fatally flawed transaction," New York-based investment firm, Mittleman Brothers, said in a statement..."/>
Shareholder: AMC's buyout of Europe theater chain shows Carmike deal 'fatally flawed' [Columbus Ledger-Enquirer, Ga.]
BARNES GROUP TO ACQUIRE ADVAL TECH'S MOULDS BUSINESS FOR CHF 133 M US-based aerospace and industrial manufacturing and service provider Barnes Group Inc. has entered into a definitive agreement to acquire Swiss mold-making specialist Adval Tech's molds business, the company said. FOBOHA focused on the development and manufacture of complex plastic injection molds for packaging, medical,..."/>
M and A Navigator: Deal pipeline –13 July
Comcast phone service is down for many small and medium businesses in Portland. According to a post on the Comcast Business support forum: "As of 5:37 EST outbound and inbound phone service for our Comcast Business customers is still impacted."/>
Phones down for some Portland Comcast Business customers [The Oregonian, Portland, Ore.]
AEC Education plc has disposed of one of its 55%- owned Irish Subsidiary, English language programmes provider Malvern House Ireland Ltd., to education investment company Oscar World Education Ltd., Ireland, the company said. The consideration for the disposal is USD 0.62 m payable in cash on completion. Oscar World Education will also sign a franchise agreement for one year enabling it to use the Malvern House brand name on..."/>
Oscar World Education Acquires AEC’s Malvern House Ireland Subsidiary
Saddle Ranch Media, Inc., the company said. PetCARE TV's digital point of care network reaches pet owners with informative and entertaining pet education in the waiting areas of veterinarian waiting rooms nationwide. Launched in 2007, Health Media Network,..."/>
Health Media Network Acquires Rights to PetCARE TV
Whitbread plc has inked the sale and leaseback of its 389 room Hub by Premier Inn hotel in Kings Cross, London, the company said. Whitbread said in April that it is planning to carry out sale and leaseback transactions this year with proceeds of GBP 100 m to GBP 150 m. As part of this, Whitbread has exchanged agreements with Legal and General for the sale and leaseback of its 389 room Hub by Premier Inn hotel in Kings Cross, due..."/>
Whitbread Inks GBP 84.5m Sale, Leaseback Deal on London Hotel
Target Corporation. Investors who purchased or otherwise acquired shares between February 27, 2013 and May 19, 2014, are encouraged to contact the firm in advance of the July 18, 2016 lead plaintiff motion deadline. If you are a shareholder who suffered a loss during the Class Period, click here to participate."/>
SHAREHOLDER NOTICE: Goldberg Law PC Announces Securities Class Action Lawsuit against Target Corporation and Encourages Investors with Losses to Contact the Firm
Xerox, which is planning to split into two companies, acquires R.R. Donnelley, which announced last year it would separate into three companies, it would add up to one big deal for Chicago. Donnelley, the printing company best known for producing the Yellow Pages-- the bulky, pre-internet search directory of choice-- has been a Chicago business institution for 152 years."/>
Xerox-R.R. Donnelley merger would write new chapter for Chicago printer [Chicago Tribune]
Finish Line, according to a news release."/>
Plus-size women's apparel store Torrid to open at Lindale Mall in Cedar Rapids [The Gazette, Cedar Rapids, Iowa]
LifeLogger Technologies Corp has completed the acquisition of key assets of Englewood, Colorado-based personal photo and video sharing platform Pixorial, Inc., the company said. As part of the terms of the amended and resaid asset purchase agreement, LifeLogger has acquired certain assets of Pixorial, such as the registered trademark "What's Your Story?" and the 620,000- customer list."/>
LifeLogger Acquires Key Assets of Photo, Video Sharing Plaform Pixorial

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