New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 15, 2013
09:41 EDTROG, SJRShaw asset sale raises speculation of bid for Corus, Globe and Mail says
Following Shaw Communications' (SJR) deal to sell certain assets, including wireless spectrum rights, to Rogers Communications (ROG), analysts say Shaw may make a bid to purchase the remaining stake in Corus Entertainment it does not already control, according to The Globe and Mail. Reference Link
News For SJR;ROG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 19, 2014
08:02 EDTROGHandy & Harman Announces Sale of Arlon to Rogers for $157M
Handy & Harman (HNH) announced that it has entered into a definitive agreement with Rogers Corporation (ROG) under which Rogers will purchase HNH’s subsidiary Arlon for a total transaction value of $157M. The companies expect to close the transaction, subject to the necessary regulatory approvals and other customary closing conditions, in the first half of 2015.
07:32 EDTROGRogers Corp agrees to acquire Arlon from Handy & Harman for $157M
Rogers Corporation (ROG) announced it has signed a definitive agreement to acquire Arlon, currently owned by Handy & Harman (HNH), for $157M, subject to closing and post-closing adjustments. The transaction, which is subject to regulatory clearances, is expected to close in the first half of 2015. Rogers intends to finance the transaction through a combination of cash and borrowings under an existing bank credit facility. Revenue and operating income for the Arlon segment of Handy & Harman were $100.4M and $16.7M, respectively, for the trailing twelve months ended September 30. Rogers expects the transaction to be accretive to its earnings in the first twelve months following the acquisition, excluding purchase accounting charges.

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