SFX Entertainment Enters into Definitive Agreement Whereby Robert F.X. Sillerman Will Acquire All Outstanding Shares for $5.25 Per Share in Cash

NEW YORK-- SFX Entertainment, Inc. (Nasdaq:SFXE) today announced it has signed a definitive merger agreement whereby an affiliate of Robert F.X. Sillerman, the Company’s Chairman and Chief Executive Officer, will acquire all the outstanding common stock of SFX that he does not already own. Mr. Sillerman owns approximately 37.4 percent of the outstanding common stock of SFX Entertainment.

Under the terms of the agreement, SFX stockholders will receive $5.25 in cash for each share of SFX common stock they hold, in a transaction valued at approximately $774 million. Stockholders will also be able to elect to retain stock in the Company in lieu of cash, subject to certain conditions and limitations.

Published: 26 May 2015
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Web.com Reports First Quarter 2015 Financial Results

  • First quarter revenue and profitability exceeded high end of guidance
  • 3.3 million subscribers with 19,000 net additions
  • Operating cash flow grew year-over-year by 72% to $31.9 million
  • Repurchased 904,000 shares for $15.8 million and reduced debt by $17.5 million

JACKSONVILLE, Fla., April 30, 2015 -- Web.com Group, Inc. (WWWW), a leading provider of Internet services and online marketing solutions for small businesses, today announced results for the first quarter ended March 31, 2015.

Published: 01 May 2015
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ClickSoftware to Go Private; Signs Definitive Agreement to Be Acquired by Francisco Partners

Transaction Valued at approximately $438 Million; ClickSoftware Shareholders to Receive $12.65 per Share in All Cash Transaction

BURLINGTON, Mass., April 30, 2015 -- ClickSoftware Technologies Ltd. (CKSW) (the "Company"), the leading provider of automated mobile workforce management and optimization solutions for the service industry, today announced that it has signed a definitive agreement to be acquired by private funds managed by Francisco Partners Management L.P. ("FP" or "Francisco Partners"), a leading global technology-focused private equity firm, in an all-cash transaction valued at approximately $438 million.

Published: 30 April 2015
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Excel Trust Enters Into Agreement to Be Acquired by Blackstone for $15.85 per Share

SAN DIEGO, CA--(Marketwired - Apr 10, 2015) - Excel Trust, Inc. (NYSE: EXL) today announced that it has entered into a definitive agreement with Blackstone Property Partners L.P., under which Blackstone will acquire all outstanding shares of common stock of Excel Trust for $15.85 per share in an all-cash transaction valued at approximately $2 billion.

The transaction has been unanimously approved by Excel Trust's Board of Directors and represents a premium of nearly 15% over the Company's closing stock price on April 9, 2015. In addition to the common stock dividend of $0.18 per share payable on April 15, 2015, Excel Trust intends to pay an additional common stock dividend in July 2015, but, under the terms of the agreement, not for any quarter thereafter.

Published: 10 April 2015
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Published: 26 February 2015
Written by Editor
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