Business News»

EarthLink agrees to acquire CenterBeam

EarthLink agrees to acquire CenterBeam

June 19, 2013 4:00 pm
EarthLink Inc. has signed an agreement to acquire CenterBeam Inc., a privately-held information technology managed service provider, for a total consideration of $22...

Personal Finance»

Asbury Automotive Group to offer $75M additional senior notes

Asbury Automotive Group to offer $75M additional senior notes

June 19, 2013 9:44 am
Asbury Automotive Group Inc. said it plans to offer $75.0 million of additional 8.375% senior subordinated notes due 2020 in a private transaction that is exempt from the...

Investing»

Atwood Oceanics to offer additional senior notes

Atwood Oceanics to offer additional senior notes

June 19, 2013 2:00 pm
Atwood Oceanics Inc. said it intends to offer additional 6.50% senior notes due 2020, subject to market and other conditions. The notes will be an additional issuance of the...

Real Estate»

Extra Space Storage to acquire 20 self-storage properties

Extra Space Storage to acquire 20 self-storage properties

June 17, 2013 5:30 pm
Extra Space Storage Inc. said its operating partnership subsidiary Extra Space Storage LP entered into a contribution agreement with various companies affiliated with All...

Recent Articles

EarthLink agrees to acquire CenterBeam

EarthLink agrees to acquire CenterBeam

EarthLink Inc. has signed an agreement to acquire CenterBeam Inc., a privately-held information technology managed service provider, for a total consideration of $22 million. The transaction, structured as an asset purchase, is expected to close early in the third quarter of 2013, subject to customary closing conditions. The acquisition will further accelerate EarthLink’s strategic transformation [...]

Sinclair Broadcast Group agrees to purchase Dielectric

Sinclair Broadcast Group agrees to purchase Dielectric

Sinclair Broadcast Group Inc. has entered into a definitive agreement to purchase the assets of Dielectric from SPX Corp. for an immaterial and leverage neutral purchase price. Dielectric will be operated as a subsidiary of Sinclair with a management and operational team comprised of capable, experienced individuals drawn from the Dielectric staff. Dielectric will maintain [...]

Atwood Oceanics to offer additional senior notes

Atwood Oceanics to offer additional senior notes

Atwood Oceanics Inc. said it intends to offer additional 6.50% senior notes due 2020, subject to market and other conditions. The notes will be an additional issuance of the company’s outstanding 6.50% senior notes due 2020, which it issued in January 2012 in an aggregate principal amount of $450 million. The company intends to use [...]

Extra Space Storage prices $250M senior notes

Extra Space Storage prices $250M senior notes

Extra Space Storage Inc. said its operating partnership subsidiary Extra Space Storage LP has priced a private placement of $250.0 million of its 2.375% exchangeable senior notes due 2033. Up to an additional $37.5 million of notes may be issued upon exercise by the initial purchasers, within 30 days of the date of pricing of [...]

RetailMeNot files registration statement for IPO

RetailMeNot files registration statement for IPO

RetailMeNot Inc. has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering (IPO) of its series 1 common stock. A portion of the shares will be offered by the company and a portion will be offered by certain stockholders of the company. The number of shares to be [...]

Service Corporation International prices $425M senior notes

Service Corporation International prices $425M senior notes

Service Corporation International has priced its private offering of $425 million of 5.375% senior notes due 2022. The notes will bear interest at 5.375% per year and were priced at par. Net proceeds from the offering will be used, together with borrowings under the company’s senior credit facilities and cash on hand, to finance the [...]

Valeant Pharmaceuticals announces common shares offering

Valeant Pharmaceuticals announces common shares offering

Valeant Pharmaceuticals International Inc. has filed a preliminary prospectus supplement to its effective shelf registration statement on Form S-3 and has made a similar filing with securities regulatory authorities in each of the provinces of Canada in connection with a public offering of its common shares to raise gross proceeds of around $1.75 billion. The [...]

Asbury Automotive Group to offer $75M additional senior notes

Asbury Automotive Group to offer $75M additional senior notes

Asbury Automotive Group Inc. said it plans to offer $75.0 million of additional 8.375% senior subordinated notes due 2020 in a private transaction that is exempt from the registration requirements of the Securities Act of 1933, as amended. The additional notes being offered are an additional issuance of, and will rank equally and form a [...]

Service Corporation International launches $425M notes offering

Service Corporation International launches $425M notes offering

Service Corporation International has commenced a private offering of $425 million of senior notes due 2022. The company intends to use the net proceeds from the offering, together with borrowings under its senior credit facilities and cash on hand, to finance the company’s previously announced acquisition of Stewart Enterprises Inc., including the repayment of certain [...]

Elephant Talk Communications completes $12M offering

Elephant Talk Communications completes $12M offering

Elephant Talk Communications Corp. has completed a registered direct public offering of $12.0 million. The offering includes a $4.5 million investment from Elephant Talk CEO Steven van der Velden and a $5.0 million investment from Crede CG III. Ltd., a subsidiary of Crede Capital Group llc, and investors placed by Dawson James Securities Inc., to [...]