New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 15, 2013
06:03 EDTTHRMGentherm agrees to acquire all W.E.T. shares for $7.5M
Gentherm announced it has reached an agreement to acquire all the shares of W.E.T. Automotive Systems AG owned by Deutsche Balaton AG, the largest minority shareholder of W.E.T.  Deutsche Balaton remains indirectly a shareholder of W.E.T. via Gentherm. Upon completion of the transaction, Deutsche Balaton has agreed to withdraw its legal case opposing the registration of a Domination and Profit and Loss Transfer Agreement, which, under German law, would essentially allow Gentherm and W.E.T. to be managed as one operational entity. The transaction involves the issuance of 3.3M Gentherm common shares and payment of approximately $7.5M in cash in exchange for Deutsche Balaton's 442,253 shares in W.E.T. Closing of the transaction is expected to occur within a few days.
News For THRM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 31, 2014
09:12 EDTTHRMGentherm has reached attractive entry point, says Roth Capital
Subscribe for More Information
October 30, 2014
10:26 EDTTHRMHigh option volume stocks
Subscribe for More Information
06:18 EDTTHRMGentherm sees FY14 revenue 20% over FY13 revenue of $662M
Subscribe for More Information
06:17 EDTTHRMGentherm reports Q3 EPS 49c, consensus 42c
Reports Q3 revenue $206M, consensus $204.95M.
October 28, 2014
10:40 EDTTHRMHigh option volume stocks
Subscribe for More Information

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