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Home » Business News
Business News
Wednesday 02. January 2008

Consolidated Mercantile Incorporated completes sale of shares of Polyair Inter Pack Inc.

Consolidated Mercantile Incorporated (“CMI” the “Company”) announced today that it has completed a private sale of all of its share holdings in Polyair Inter Pack Inc. (“PPK”) to Glencoe Skydome Holdings, L.P., an affiliate of Glencoe Capital LLC (“Glencoe”).

Wednesday 02. January 2008

The Middleby Corporation Acquires New Star Holdings, Inc.

The Middleby Corporation (NASDAQ:MIDD) today announced it completed the previously announced acquisition of New Star Holdings, Inc. for $188.4 million in cash in accordance with terms of a purchase agreement entered into November 18, 2007.

Wednesday 02. January 2008

e-Smart Technologies, Inc. Responds to Information Subpoenas From Securities & Exchange Commission

As discussed by e-Smart Technologies, Inc. (Pink Sheets: ESMT); (“e-Smart” or the Company”) during its December 27, 2007 Telephonic Shareholder Conference Call, the Securities and Exchange Commission (SEC) has initiated an inquiry and has issued subpoenas to the Company for documents including those relating to certain loans made to e-Smart from its parent company IVI Smart Technologies Inc., (“IVI”) and Intermarket Ventures, Inc.

Wednesday 02. January 2008

Fifty-Plus.Net International Inc. Announces Acquisition of Media and Marketing Assets and Moses Znaimer as New Controlling Shareholder

The Board of Directors of Fifty-Plus.Net International Inc. (TSX VENTURE:FPN) today announced that FPN has completed the previously announced transaction to acquire certain media assets which are synergistic with its online media business.

Wednesday 02. January 2008

Scandinavian Mill Service (SMS) changes name to Metso Mill Service

Scandinavian Mill Service (SMS), owned by Metso Paper and Metso Automation, will change its name to Metso Mill Service. Metso Mill Service supplies and develops maintenance services for the pulp and paper industry.

Wednesday 02. January 2008

Magic Software Announces Sale of AOD Subsidiary to Fortissimo Capital for $17M

Magic Software Enterprises Ltd. (NASDAQ: MGIC), a leading provider of business integration and application development technology, today announced the sale of the entire share capital of Advanced Answers on Demand (AOD), a wholly owned subsidiary, to Fortissimo Capital for the sum of $17 million in cash. The purchase price is payable in two installments that are payable by the end of January 2008.

Wednesday 02. January 2008

Noritsu Adds Key Personnel

Noritsu Announces Enhancements to Sales & Marketing Business Units

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