New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 27, 2014
16:04 EDTLOJNLoJack CFO Donald Peck to leave the company Casey Delaney named Acting CFO
LoJack announced that Executive Vice President and CFO Donald R. Peck is leaving the company to pursue new opportunities. LoJack has retained international executive search firm Heidrick & Struggles to assist in the process of identifying a successor. Effective immediately, Casey Delaney, LoJack's vice president and controller since April 2011, will serve as Acting CFO until a full-time replacement is named. Peck will stay on in an advisory role until June 30, to assist in the transition.
News For LOJN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 1, 2016
16:11 EDTLOJNCalAmp to acquire LoJack for $6.45 per share
CalAmp (CAMP) and LoJack (LOJN) announced that the companies have entered into a definitive agreement pursuant to which CalAmp will acquire all of the outstanding shares of common stock of LoJack for $6.45 per share in an all cash transaction valued at approximately $134 million. This transaction has been unanimously approved by both companies' Boards of Directors. The transaction is expected to close during CalAmp's fiscal 2017 first quarter, subject to customary closing conditions, including regulatory approvals and the tender of a number of LoJack shares that, together with other shares owned or to be acquired by CalAmp and its subsidiaries, represent at least two thirds of the total number of LoJack's outstanding shares. CalAmp will fund the acquisition with existing cash on hand.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use